In
a span of few decades, Gurgaon has emerged as a major commercial hub in its own
right. With more and more multi-national companies setting up their offices in
this part of NCR, there has been a surge in demand for rented accommodation and
residential townships. If you want to invest in property or get a good rental
income, then Gurgaon is certainly the place.
Introduction
As compared to other cities in
the country, Gurgaon has experienced a boom in construction activities to meet
the needs of corporate houses who have set up their offices and factories here.
The introduction of rapid metro in the city has improved its connectivity,
attracting more working professionals to settle down here. Consequently, there
has been great rise in the demand for rental property in the city. So, if you
go buy the ongoing property rates in
Gurgaon, you will find that the residential housing projects which are
coming up in areas like Dwarka Expressway, Golf Course Road and Sohna Road are
some of the mostly highly priced. Property
rates in Gurgaon have gone up considerably in the recent past.
The major reason why these
properties are highly valued is the fact that they not only have a good
location but have the latest amenities as well. The land acquisition policy in
Gurgaon is one of the best in the country, and so builders don’t have to deal
with too many regulations, as the state government provides landowners with
annuity payments for selling their land.
Thus, if you are planning to
invest in properties in this part of NCR, then you need to keep in mind a
number of factors like location, infrastructure and timing of investment in
order to suit one of the best locations within the city. The market value of
good residential properties goes up within a short span of time. Therefore, a
comparative analysis of all upcoming areas of Gurgaon is necessary to find out
a housing project where you can acquire a housing project within your budget.
Here are some areas which you
need to stress on in order to acquire one of the best properties in Gurgaon:-
Location of the Property
Most of the offices in Gurgaon
are centered in or near the National Highway 8 due to its good infrastructure
and connectivity with Delhi. If you want to lease out your apartment in Gurgaon
to working professionals in the future, then you should look for properties
which are close to the area. The projects which are coming up in locations like
Sohna Road and Dwarka Expressway have excellent connectivity with the IGI
Airport as well as metro railway. The residential apartments which have a
suitable location are always in high demand. Therefore, you should focus on the
location of the property.
Infrastructure
Once
you select a property, you need to find the infrastructure of the housing
complex as well as neighborhood in which it is located. It needs to have round
the clock access to water and electricity. Find out whether the area has all
weather roads or not. How is the drainage system? Hope there will be no water
clogging during monsoons!
People seeking property on
rent in Gurgaon want to have access to apartments which have a power
back up system like generators. Therefore, when you get in touch with a real
estate agent, find out in detail the exact amenities they are providing as part
of the project. The apartment which you are planning to buy should also have a
good drainage system and adequate parking space. Check whether the apartment is equipped with fire and gas alerts and round the
clock security facilities or not.
Timing of Investment
You should note that good properties
are always in high demand and tend to get sold out within a short span of time.
Therefore, to make certain that the opportunity to invest in a good apartment
doesn’t go out of your hand, you should collect all information regarding the
existing property rates in Gurgaon.
You can take the help of some property related websites or a property dealer in
this regard.
Once you gather information about
the existing market values, you can start collecting the necessary funds so
that you can book the apartment which you want to buy within time. Most people
fail to do so as they don’t plan the process beforehand. Therefore, apply for a
home loan with sufficient time in your hand so as to make sure that you acquire
the amount of money you require to buy property in one of the most upcoming
parts of Gurgaon.
Conclusion
Buying a well-furnished property
which provides a good rental income in the long run requires a lot of planning
on part of the property owner. Once you have bought an apartment of your
choice, you need to make sure that it has proper sanitation and ventilation
facilities along with regular access to power and water supply. Well-furnished
properties are always in high demand by people who seek to stay on rent. But to
make sure that you have a steady rental income, be very selective while
choosing people to let out your property.
Elan Epic Sector 70 Gurgaon
ReplyDeleteElan epic Sector 70 top famous project in Gurgaon City as we know Very Constructible Location surrounded by 1 lac residential family, this project launch by Elan Group is famous for his work consistency and real estate commercial growth. Project Elan Epic in sector 70 offers Commercial assets double-height Retail shop, Hyper Market, 5 Silver Screen Multiplex , Water body, Restaurant and Food court in sector 70 with a good level of returns.
If we will discuss this commercial project well connected with SPR Road sector 70 Gurgaon.
Elan Epic Sector70 Gurgaon, Elan epic offering best payment scheme to their client offering 12 % assured Return for Retail shop and restaurant and 9 years leased guaranteed.
Min price for the retail shop is starting from 1.25 Cr and the size of a retail shop is 700 sq.ft. and for the Restaurant is min size is 550 -650 sq.ft. And the price is Rs.15750.00/sq.ft .
M3M Broadway
Elan Miracle
ELAN MERCADO
Elan Town Centre
Elan Epic Sector 70