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Gurgaon’s Price Surge Driven by Traders, Not End-Users—Analyst Sounds Alarm

Gurgaon’s property market is booming — but not everyone is celebrating. While the skyline grows taller and prices touch new highs, a leading real estate analyst has issued a serious warning: the surge is being driven not by genuine homebuyers, but by speculative investors and short-term traders . And that could make the market dangerously fragile. In a detailed interview with Moneycontrol, the analyst described Gurgaon’s current residential boom as a " house of cards " — vulnerable to collapse if market conditions shift. With apartments being flipped even before construction begins, the city's once-promising real estate future now faces questions of sustainability, affordability, and risk . The Boom That Feels Too Good to Be True From ₹15,000 to ₹45,000 per sq. ft. in just a few years — Gurgaon’s luxury property prices have skyrocketed. Projects in Golf Course Road , Sector 42 , and DLF Phase 5 are commanding rates higher than most parts of Delhi or Mumbai. Inventory...