Houses on rental services in Gurgaon are in high demand in recent times due to a sudden rise in BPO sectors, MNCs and different IT companies. Due to several ongoing projects of these companies, people from all over the country are migrating in the city. Hence, for accommodation purposes flats and apartments in Gurgaon are increasing day by day. These residential apartments are available in affordable price ranges either on lease from the corporate houses or on monthly rental basis by the individual.
These rental apartments in Gurgaon include both luxurious independent houses and separate flats. Flats are available in all 1BHK, 2BHK and 3 BHK with the facilities like power backup, tight security and annual maintenance. However, the luxurious apartments are more specious and are available with servant quarters. They have the facilities like gyms, swimming pools, expensive marble floors and several other luxuries.
Some of the major locations in Gurgaon are Palam Vihar, MG Road, Mehrauli, DLF Phase I, II, IV, Sohna Road and Golf Links. These housing apartments are equally close to their organizations as well as to the major hospitals, schools and shopping complexes.
Using of properties for renting purposes has become a profitable business and a fixed source of income in Gurgaon. Lots of people are investing their money in these properties only for renting purposes. The renting apartments available in Gurgaon don’t have the agreements of minimum 11 months rental period; these are easy on rent for both the owner and for renter.
All the above factors have also increased the opportunity of real estate development in the city. The Metro Rail connection to Delhi, proposed Expressway Jaipur and declaring it a Special Economic Zone are also some of reasons behind the increasing value of the apartments in Gurgaon. Leading builders in Gurgaon who have so far confined to the development of different kinds of housing solutions just for sale, are now concentrating more on this lucrative segment and thus, the availability of a range of rental homes in Gurgaon is ensured. Due to the boom in real estate market, it is expected that the rental turnover will go beyond the 15 percent hike in the near future. Several corporate giants are coming to the business because of this hike.
Several residential as well as commercial projects are coming up by real estate corporation such as Tata Housing, Unitech, DLF, Ambience, Parsvnath, Emaar MGF and Vatika to name a few. Targeting the business class executives, many luxurious apartments are being built in the famous locations like Golf Course Road, Central Park and Sohna Road etc. These apartments have all the modern premium class facilities who are seeking eminence apartments for rental purposes.
As the scenario stands today, it is fast getting difficult for a person with moderate income to rent a house in Gurgaon. House rent in Gurgaon is soaring to new heights every day because of limited availability of good residential housing. As a result, only high paying tenants can afford to rent houses in Gurgaon. To know the availability of a house on rent, you can go through our site for further help.