ArunDev Builders reckon the recent formation of Gurugram Metropolitan Development Authority (GDMA) is going to play its part in benefiting the stake holders in the real estate industry.
The GDMA will escalate mediocre supervision, which will prove to be fruitful for real estate developers like ArunDev Builders. It will not only help in improving the health of the real estate sector in Gurugram, but will also boost the demand,benefitting both the developers and buyers. Gurugram has witnessed a terrific growth in the population of the city in recent times, according to the experts. With this increase in population infrastructure, development will be required on a higher scale.
The standard of living will be enhanced by GDMA,which is going to be another feather in the cap of real estate developers, as they will be expected to deliver quality work. The leading real estate company ‘ArunDev Builders’ believe that the Haryana government’s decision to set up GDMA is a positive step that will enhance balanced and sustainable growth of real estate sector.
Apart from this, the city has also witnessed absorption of more than half of the total office space with 3.8 million square feet in Delhi NCR. An addition of office space of 11 million square feet is most likely to take in place in next 2-3 years. This will create further opportunities for ArunDev Builders as real estate builders.
All in all, the formation of GDMA is going to have a very useful impact the infrastructure of the city. Most importantly the leading real estate builders like ArunDev Builders will get ample opportunities to showcase their mettle in favoring circumstances.