Quote on Hike in Gurugram`s Circle Rates from December 2024 by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
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Below the Quote on Hike in Gurugram`s Circle Rates from December 2024 by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
"The increase in circle rates is unlikely to significantly impact Gurugram’s real estate sector, which continues to thrive on strong fundamentals such as high demand, rapid infrastructure development, and rising incomes.
Prime areas like Dwarka Expressway, and Southern Peripheral Road are poised to maintain robust demand due to limited supply and sustained investor confidence. However, given the pivotal role of the real estate sector in driving economic growth and job creation, a balanced approach to policy changes, such as circle rate revisions, would ensure continued momentum and long-term sustainability."
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