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.
