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Gurgaon Manesar
Urban Complex
Location of Gurgaon district Gurgaon
➢was the first place to have formal
in Haryana. private developers involvement in
Gurgaon is a historical town, located on
National Highway No.8, about 32 km from Delhi. housing development at various
The town has a prominent place in the Nation as one levels.
of the ring towns in the Delhi Master Plan (1962). It ➢ right from assembly of land to
was a priority town for the development of the disposal & post management with
National Capital Region and is proposed to be the
Metro town by 2021 in NCR draft Plan. Its' location
plotted or built units in the NCR and
on the important National Highway, rail and road ➢has been for the longest duration
links and nearness to South Delhi provide vast of more than 3 decades since the
potentials for development. The existence of
about 500 industrial units employing about 6500
Gurgaon district and enactment of Haryana regulation of
Development of Urban Areas Act,
workers along with the related urban
development also create immense potential.
its surroundings HRDUAA (1975)
1980 1990
2000 1995
Easy Availability
of Finance
Real Strong
Rising FDI Estate Demographics
Rise of
Middle
Class
Developme
nt of new
Stream of
Business
Real estate - Gurgaon
Overview of India Infrastructure
OBJECTIVES
Promotion of Development of
Creation of
investments from infrastructure
employment
domestic and foreign facilities in the
opportunities.
sources. country.
Range of
There has been Government
a drastic benefits &
Liberalization
curtailment in Reforms in the incentives
of FDI rules and
restrictive Integrated including
the emergence
policies such as Township residential tax
of real estate
the Urban Land Policy. breaks and the
funds.
Ceiling and Special
Regulation Act. Economic
Zones.
Ansals
Parsavnath Developers
Unitech Group
K. Raheja
Founded in 1946
DLF Group is one of the biggest real estate giants
Built many high-quality buildings across the country,
specifically in Gurgaon
Tied up with Hilton Group to build whopping 100 hotels in
India over the next few years.
In current expansion plans, DLF has over 425 million sq. ft. of
development across its businesses, including developed, on-
going and planned projects.
Spread over 32 cities, mostly in metros and key urban areas
across India
Bankruptcy Of
Investment Banks and
Crash of US Economy
The Housing
Bubble Burst
Investment in
Real Estate by
PE Firms
•Townships
•Programming Houses
•Green Buildings
Overvaluation of Property.
Highly Fragmented.
Lack of Transparency.
Real estate - Gurgaon
Steel/brick/cement
Prices Increase by
30-35 %
Labour Rates
High Interest Rates
Escalated to 5-10 %
CONSTRUCTION
COST
UNITECH
DLF
Decreasing Demand