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Gurgaon Property
Gurgaon district is situated in NCR of Delhi, the
capital of India. It is just 10 kms away from Indira
Gandhi International Airport, Delhi. The district
derived its name from the name of Guru Dronacharya; the
village was given as gurudakshina to him by his
students; the Pandavas and hence it came to be known as
Guru-gram, which in course of time got distorted to
Gurgaon. Thus the district has been existence since
the times of Mahabharata. The district is surrounded by
Delhi & Rajasthan.
Initially a small farming village located south of
Delhi, Gurgaon saw a massive increase in its population
and economy after real estate major, DLF Group, bought
farms owned by local people and started developing
housing societies for upper-middle class residents of
Delhi. One such housing society, DLF City, became a real
estate phenomenon in northern India with many Delhites
preferring the greener and newly planned Gurgaon
over the congested and heavily polluted metropolis.
Favorable tax policy by the Haryana government,
improvement in city's infrastructure by Haryana Urban
Development Authority and the need of a business center
close to Indira Gandhi International Airport saw the
emergence of Gurgaon as one of the most prominent
outsourcing and offshoring hubs in South Asia. Real
estate, automobiles, retail and banking are other major
industries. Gurgaon contributes over 50% of
Haryana's income tax revenues along with Faridabad.. |
