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History of Gurgaon’s emergence as a retail market hotspot


Gurgaon, the millennium city, has emerged as one of the leading industrial and financial hubs of India. Thousands of people are shifting to Gurgaon every year for jobs and higher education. If you are an inhabitant of Gurgaon or if someone is planning to shift to this modern city, you are in the right place.


In case you are looking for plots in Gurgaon, you need to know that Gurgaon has 3,775 sq feet of retail space for every 1000 inhabitants. 


Why you need to buy plots in Gurgaon?


As compared to the other most developed cities in India, such as Mumbai, Hyderabad, and Delhi, Gurgaon is quite young. Still, it has the most thriving retail sector that follows the modern format. Seventy-eight percent concentrate only on mails. The Millennium City has also got the leading position when it comes to current retail space for earnings coming from households. It has even left Noida, South Delhi, and Central Delhi behind. This is the reason why you need to buy some plots in Gurgaon.


The retailers in Gurgaon have aptly utilized the idea of mixed retail space. The corporate character of this city plays a key role here. All the ground floors of office spaces add to the retail footprint in modern times. 


The New Gurgaon


The area from Sector 81 to sector 115 is commonly known as New Gurgaon. New Gurgaon has good roads that encourage fast connectivity. It is the perfect blend of residential and commercial projects, thereby offering huge scope to retailers in the near future. 


If you are confused about where to buy property in Gurgaon, New Gurgaon is the place where you should look for residential plots in Gurgaon. 


What challenges does the retail market of Gurgaon face?


The greatest challenge that the retail market of Gurgaon needs to overcome is the lack of maintenance of retail spaces and the scarcity of large spaces required for significant retail formats. 


Key factors behind the massive growth of the retail sector in Gurgaon


These are the main factors that contribute to the steady growth of the retail sector in a city like Gurgaon:


  • A large community of young adults working in various sectors
  • Emerging opportunities
  • A large number of working women
  • Nuclear families


How is the future to buy plots in Gurgaon? 


Taking all the above-mentioned points into consideration, we can opine that the retail sector’s future in this millennium city seems extremely promising. The market’s fast growth, advanced technologies, and great government policies work in favor of the retail market. So, if you want to buy property in Gurgaon, start looking for plots in Gurgaon now before the plots become too expensive.


This was all about Gurgaon’s retail market. Now that you have learned all about the history of Gurgaon’s emergence and development as the modern retail market hotspot, what are you waiting for? Look for plots online or offline and fulfill your lifelong dream of living in an attractive, lively city with your family. 


Below you can find the best plots available in Gurgaon for sale.