A high-end flat was leased for a rental value of Rs 1.2 lakh per month. This apartment is built in the peripheral location of Gurgaon on an area of 4,200 sq ft. The apartment has been taken on lease by a big corporate for their senior executive. The average rental value for these flats has been consistent throughout the last quarter and falls in the range of Rs 1 to 1.75 lakh.
Since Gurgaon has now become one of the key commercial office hubs in the NCR, it has acquired a remarkable demand for rental residences. With the growth of Gurgaon, metro connectivity which is soon going to hit Gurgaon seems like cherry on the cake. This is likely the reason behind people getting attracted from other areas of NCR to own their homes in Gurgaon.