Vikas Rikhye,Realtor and Real Estate Blogger

Gurgaon might lose its grip over the booming I.T. Industry As it is understood from sources that many of the major BPOs are very seriously thinking of an alternative of relocating from Gurgaon to smaller cities mainly due to following reasons:

•  Soaring rate of office space rentals
•  Traffic jams resulting delay in the working of call centre staff.
•  Heavy Transportation cost of staff
•  Expensive living cost for the staff
•  Higher operating cost

Moreover the cost and talent pressures will drive vendors to smaller cities at a faster rate. Especially so or new centers of large companies already present in India. With improving attention to education across India and State governments’ recognizing the potential of the outsourcing sector, companies are finding themselves almost attracted towards fresh location choices. Proximity/connectivity to larger cities and good education infrastructure seem to be guiding the discovery of other destinations like Udaipur, Jaipur , ,Mohali,Pune Bhopal, Vishakhapatnam, Nagpur, Chandigarh, Ahmedabad, Nashik, etc.

The emerging hot spots are also offering:

•  Competitive talent at lower wages than the preferred locations
•  Infrastructure and realty advantages
•  Lower attrition
•  Lower operating costs

Since all the major activities in Gurgaon are focused on I.T. Industry therefore it gives an alarming siren that with the changing trend of relocation  might create adverse effect on booming economy well as the realty in Gurgaon.

Mr Vikas Rikhye,Real Estate Blogger

Gurgaon Progress/ Prosperity vs Common Man (The CM)

Someone has to monitor the progress/ growth of this New Township of Gurgaon in more balanced & Planned manner having Prime focus on the following:

• Housing : While Prominent Builders are competing with each other in offering Luxurious Villas & Apartments with a price tag ranging 50 lacs to 2.5 crores and above leaving no scope for a common man to even own a simple shelter, as the uncontrolled land prices are much beyond his means.

• Education: The most modern education systems are being introduced in best of institutes finding their place in Gurgaon, making Education a luring business but what is in store for a child who is studious but does not have resources.

• Health care :With appearance of well known expensive Hospitals & Medicity, remarkable progress is noticed , awaiting the Financial boom from “Medical Tourism”. Yet ,hundreds of poor patients are left to their fate for the want of resources.

• Local commuting/Transport: Speeding Swanky Cars reflect of an affluent culture prevailing all around, forgetting the basic need of a humble commuter who is the one of the pillars of today’s Glittering Gurgaon.

Time is warning us that we are not far away from the crucial stage of “Haves & Have-nots” ……………… which can be disastrous for the society.