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Millennium city growth

DNDEL8095 | 8/12/2017 | Author : Ankita Sood | WC :926 | Business & Economy

EXPERT SPEAK: A look at how the infrastructure push in Gurugram will drive the pace of development going forward
DNA PROPERTY

Projected from the start as the ‘millennium city’, Gurugram grew by leaps and bounds owing to it being a natural extension to the country’s capital and its proximity to the international airport in New Delhi. Gurugram took the lead over its contemporary market – Noida, in terms of the supply and absorption of office space or price appreciation of residential real estate.
The spurt in job creation resulted in the movement of people to the city and Gurugram’s population grew by over a whopping 500% from 2001 to 2011. As time passed, Gurugram slackened its pace of infrastructure development and somewhere lost the lead it had maintained over Noida. Gurugram has been struggling with the delivery of various infrastructure projects, unlik
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