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

Gurgaon real estate is known for lucrative returns. The city is known for world class housing projects and commercial buildings. Investors are putting their money in upcoming housing projects launched by big builders. Recently the concept of Studio Apartments is emerging in Gurgaon. Buying Studio Apartment in Gurgaon can actually be a wise decision.

Gurgaon being a business destination attracts a lot of business travellers. The city is a hub for big MNCs, IT Companies, and Corporate giants. Also a good percentage of foreign travellers comprise the tourists coming to Gurgaon for business purpose. The city has its own share of high-range to mid-range hotels to offer accommodation to these business tourists. A number of big chains like Westin, Marriot, Park, Leela Kempinski, Fortune, and Crown Plaza offer comfortable and luxurious stay to business travellers visiting Gurgaon.

In a city like Gurgaon where so many business travellers visit the city every year, studio apartments can create good demand. A studio apartment, also known as service apartment, is a temporary or short term accommodation option that is very popular among business travellers or tourists who intend to stay a little longer. A studio apartment is generally a one bedroom set with drawing room or living room, and a kitchenette. The guests get the facility of cooking their own and customised food in the kitchenette that generally comes with all the utensils and kitchen needs.

As we know that Gurgaon has a good share of expats who intend to make the city their home for a couple of years. A Studio apartment will be an ideal choice for expats with small families. Well-constructed studio apartment, located inside a decent housing society, with all the amenities can fetch high rents and capital appreciation in Gurgaon.

Corporates spend millions of rupees on accommodation of business travellers visiting Gurgaon. They would rather prefer renting a service apartment that can turn to be cheaper and more customised option. At least it’s going to provide a good alternative to visitors who plan to stay for more than a week.

So investing in a studio apartment in Gurgaon is going to be a good option for long term capital gains. It will not only fetch a high rental value but also great capital gains on reselling. Some of the upcoming studio apartment projects in Gurgaon are launched by Ireo in Sector 59, and Baani in Sector 63. Gurgaon is still not ripe with enough accommodation options for foreigners and business travellers. Investing in upcoming studio apartments can actually turn out to be profitable in long run.