The fundamental picture of Gurgaon that shows up in one's mind is enormous company houses, surge, shopping centers and various gated lofts running from flats to interlinked smaller urban areas. Gurgaon, one of the premier future urban communities of India has turned into a magnet for top commercial enterprises all through the globe. As of now a noteworthy business center, Gurgaon is accepted to be the developing Singapore of India.
According to the legend’s stories, Gurgaon is the spot which the imperial Kauravas and the Pandavas gave as gift to their teacher, Dronacharya. Consequently, the name Gurgaon or the 'town of the Guru’ came up. It is also known as 'Guru Gram or 'Guru Gaon'..
The closeness of the city to India's capital New Delhi has made this city more prevalent. The population estimates for Gurgaon, as per 2011 India census, stands at 876,824, of which 54.24% are males and 45.76% females. The population under the age of six is 108,623, with 58,842 males and 49,781 females, making child sex ratio 846.
At present Gurgaon ranks 11 amongst Indian cities on the ‘Life after Work’ index. It also has the 3rd highest per capita income in India. Gurgaon and Faridabad together generate over 50% of Haryana's income tax revenue
Economic growth factors
Gurgaon houses around 450 IT-BPM organizations utilizing 2.5–3.0 lakh experts who furthermore make employments for another 8-9 lakhs. IT-BPM industry is youth oriented and globally connected. Today, Gurgaon is home of world famous IT companies like Hughes Software, Tata Consultancy service, HCL, American Express, Samsung,Convergys, Motorola, Polaris, Sapient, Ericcson, Hewitt, Dell, Microsoft, IBM, Siemens, Aricent, Fidelity, Genpact, Oracle, Accenture, Googleand Wipro.
When contrasted with national development rate of 8-9 percent, the monetary development rate of Gurgaon region is evaluated to achieve 10-15 percent amid next five years as a consequence of usage of new industry policies. The turnover of industrial sector annually in Gurgaon district has crossed the mark of Rs 73,500 crore with an investment of more than Rs 18,000 crore.
Gurgaon civic administration-
The Deputy Commissioner is the Chief District Officer of Gurgaon Administration. He is helped by Sub Divisional Magistrate heading a sub division. The Additional Deputy Commissioner is responsible for District Rural Development Agency (DRDA) for advancement of the locale. Sectoral improvement is taken care of by the locale leader of every advancement division, for example, farming, animal cultivation, health and so forth.
With the beginning of shopping center society in Gurgaon the entire method for looking for devotee customers has experienced a complete makeover. Gurgaon shopping centers are at par excellence with any mall from any corner for the developed world. Gurgaon shopping centers are the most propitious area with the end goal of shopping, as well as are flawless home base spot for youths also. There are over 25 shopping malls in Gurgaon, of which DLF's 'Mall of India' is the biggest. Additionally, it is likewise assessed that the entire retail clamor will face a complete alteration if shopping centers in Gurgaon keep on mushrooming at this enduring pace.
Real Estate Market
Gurgaon's estate is experiencing a stabilized period. Gurgaon, is the spot where the extent of real estate business in very broad. Simple accessibility of value lodging at reasonable costs and the nature of development are making Gurgaon investment worthy. Truth is told, to fulfill the rising interest of properties, numerous eminent real estate developers have made activities for the development of new undertakings which comprise of both entry level and top of the line budgetary plan ventures NH-8, MG Road, Golf Course Road, Golf Course Extension Road and Sohan Road.
All said and done, it can be said that across India, “Gurgaon is both a model and a cautionary tale.”