Real estate and infrastructure developers, the Vigneshwara Developers are planning an investment of 1600 crore in Gurgaon on several new projects in the city by the end of 2013. Moreover, the company had even joined hands with the Commonwealth Games 2010 as the real estate licensee of Delhi and is at present having projects nothing less than 450 crores under construction. In conversation with the Managing Director of FE Vigneshwara, ‘Sunil Dhaiya’ it was revealed that currently the company is undertaking three projects in Gurgaon - a Commercial Hub, Technology Park and a Business Park.
As per the plans of the Vigneshwara developers, the Business Park in Gurgaon will be built over a land of 30 acres which will invite numerous multinationals to establish their offices. The premises will have around 600 service apartments the delivery of which is likely to start in the end of 2011. The first phase of the construction will only be deliverable by this time.
The commercial district for Gurgaon planned by the Vighneshwara group is expected to acquire an area of over 11 acres. As the builders assure, the space will be having world class offices, recreation facilities center and retail section as well. The basic concept behind the development of the commercial district is live, shop and play.
For the future projects, as per the managing director of the company, the northern region of Gurgaon is being explored.
Apart from the ongoing projects and researche another project which the Vigneshwara builders are taking up is that of the Technology City. This project will be located on the Sohna Alwar road which is just 35 Kilometers away from the center of Gurgaon. The project is expected to sprawl in an area of nothing less than 400 acres.
With the upcoming infrastructural projects by Vigneshwara builders, the real estate is further going to boom. The builder is aiming a world class quality for all its projects. The company is aiming to tap considerable NRI investment in all its projects. The colossal constructions and the world class amenities are like an open invitation to big banner companies for opening their offices here.
Overall the upcoming developments in the city are a clear indication that the real estate market of Gurgaon will reach lofty heights by making moves in leaps and bounds. The entire real estate market of Gurgaon will get an escalation in terms quality construction and price escalation. So, if want to invest in the property market of Gurgaon, now is the right time as the future property prices will not fit into the dreamy eyes of the common man.

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