New Delhi, Sept. 7 -- Gurugram's real estate boom appears to be cooling off, with demand softening in high-ticket segments, though interest remains strong in the Rs 2-4 crore range.

A report by Antique Stock Broking Limited highlights that developers are increasingly offering steep discounts to serious buyers. Reputed developers, however, are unlikely to face much challenge, the report added.

Meanwhile, in Noida, demand remains steady as the market continues to grapple with a supply shortage, the report added.

The report further added that buoyed by strong balance sheets and a focus on boosting pre-sales, competition for project acquisitions is intense. Many players vying for opportunities and pushing up valuations--particularly for re...