Gurgaon
Information about Gurgaon city and places around Gurgaon India and NCR.

If you go back in the year 2008 and even before it then affordable housing seem to be a dream. The Indian economy faced a severe recession towards the end of 2008 and with it crumbled down the real estate markets of the speedily developing cities like Gurgaon. From the majority sellers markets offering luxury housing as the top priority, the real estate market of Gurgaon made a focus shift. Its concentration was now on the market of the buyers who wished to have low budget or you can say affordable housing in the city. The new mantra to rule the real estate market was to cater the demands of the middle income group.

To meet the requirements of affordable housing in Gurgaon, the builders and the real estate developers has been coming up with real estate projects of affordable housing in Gurgaon. The premium segment of the property market in Gurgaon has been hit by these developers. The buyers show inclination towards the moderately priced homes of Gurgaon. The price range offered in the market is somewhere between 25 lakhs to 35 lakhs and the developers are trying to take it further down. This heavy requirement is well sensed by the developers of housing projects and thus they are putting their best of efforts to deliver the requirement by 2011 -2012.

Some of the prominent names which have promised to come up with affordable housing projects in Gurgaon to meet up for the requirements of the target segment are:

· ILD Spire Greens in sector 37 C of Gurgaon. The builders here promise to provide apartments which start from a moderate price of 26 lakhs.

· Siddharta Laguna Oaks in sector 95 of Gurgaon. Here one can easily get 2, 3 as well as 4 BHK apartments starting at 30 Lakhs.

· Vatika Next is another prominent name which offers apartments with decent living standard starting at 18 Lakhs.

· Pal City Park is a name which promises to offer 2, 3 & 4 BHK apartments in at reasonable costing starting with 26 lakhs in sector 95 of Gurgaon.

· Global Egi-City on NH-8 OF Gurgaon is another hot property of Gurgaon being offered at moderate prices for middle income group people. Falcon realty services in initiating this project and is offering people with 1 BHK apartments at 10 o 12 lakhs and 2 BHK apartments at 15 to 16 lakhs.

· Another moderate project to invest in Gurgaon is in sector 92 and 95. The Navodaya Project by Raheja Developers promises to offer high quality living at low cost in around 27 to 30 lakh onwards.

· You can also go with Raheja Vedanta which is offering standard living apartments in just 35 Lakhs in sector 108 of Gurgaon.

So, if are looking for affordable housing options in Gurgaon then check out the list of some of the options listed above. Researching would be the best option and before you finalize a deal make sure you look into the minutest detail of the project. After you get complete assurance that everything offered suits you and your pocket, you may go ahead to invest in the project.