Gurugram Real Estate Stumbles: Flooded Streets and Empty Sites
Representative AI image NEW DELHI: Gurgaon’s recent infrastructure collapse has severely affected real estate sales, resulting in a notable decrease in site visits by potential buyers, according to developers and brokers. Experts suggest that improved infrastructure and the forthcoming airport may lead Noida to outpace Gurgaon. “We’ve urged the government to prioritize development in Gurgaon, which is a significant revenue source for Haryana but continues to be overlooked. The city’s infrastructure can barely handle a few bouts of rain, causing major disruptions that deter investors. This has visibly impacted sales recently, giving Noida an edge,” stated Praveen Jain, chairman emeritus…