Gurgaon: An investment destination for Expats and NRIs


Gurgaon, also known as ‘Millennium City’ of the country is one of the prominent cities in the National Capital Region (NCR). Ever since India opened its economy to foreign investment, Gurgaon has been a rewarding destination. Today, it is considered as one of the best cities in India to work and the people migrating here for are looking for properties for sale in Gurgaon.

Reasons to invest in Gurgaon

Gurgaon is a favourite realty hot-spot for many- whether it’s for investment purpose or for end use. The property for sale in Gurgaon gives the option of high returns and a secure property investment environment.

Improved infrastructure and quick connectivity are the reasons behind the growth of Gurgaon. It’s proximity to Delhi and access to locations like Dwarka-Gurgaon Expressway, IGI Airport, NH -8; KMP Expressway adds importance to this locality as an investment destination and increases the demand for properties for sale in Gurgaon. Apart from that, Metro connectivity and Monorail are an added advantage of this city.

This city is known to have stable law and order set-up and peaceful environment, and the construction of various SEZs are attracting several multi-national companies, foreign investors, NRIs and large business houses.

Property appreciation

The property rates are already up and they are set to increase further as the city is expanding. Localities like Sohna Road, Golf Course Road, Gurgaon-Faridabad belt, Manesar, Dwarka Expressway are witnessing a huge requirement for properties for sale in Gurgaon, however, the land is still remains an attractive option in these localities. All these places are seeing a fair appreciation.

Currently, the rates are like, Rs. 7,500 per square feet and, as per the analysts it may increase further in next few years.

This city is attracting investment from NRIs, HNIs and even locals as one can find properties for sale in Gurgaon that fit everyone’s budget. One can find affordable, luxury and ultra-luxury and even deluxe projects from leading developers of India.

 

Flats or Lands: Which Is a Better Property Choice?


Flats –

For flats, you may have to wait for a few years for the possession. You pay a down payment and then EMIs. Bank loans are easily available on the approved projects by the banks. But, of late, there has been a rising tension amongst the buyers who chose to put their money in the construction projects that were in progress. So, if you decide to go for a flat, please make sure you park your money with a developer that you can trust, a developer who has a history of timely project delivery.

Flats often turn out as the best property in Gurgaon as you have the choice to live there, or to put the rent on rent, or sell it the moment you get the price that you were looking for. Gurgaon real estate offers all sorts of flats such as studio, 2-BHK, 3-BHK, 4-BHK, luxury flats, etc. Price vary hugely from one place to another, from one developer to another, which means you have to undergo a detailed research before you decide the type of property that would best serve your purpose.

Open lands –

Lands are also in huge demand these days. Agriculture lands, commercial lands, they are all quite profitable deals. With an open land, you have the choice to build your home (the way you want to build it, take it as high as you want) or keep it that way and sell it when prices go up and you get a tempting offer.

Though open lands are hardly available in Gurgaon, you still can find a few. These lands also top the chart as the best property in Gurgaon, as you have all rights over the land and use it your way.

Both properties – flats and open lands – have their pros and cons; you have to decide which one makes more sense to you. When looking for the best property in Gurgaon, you can take help from the real-estate portals that enlist all sorts of properties that Gurgaon has to offer. Then, you can also take professional guidance from a local real-estate agent.

Buying a property is most likely to be the best investment you’d even make in your life. So make sure you don’t put your money in a bad project or in a bad property. The best way is to research for the best properties in Gurgaon and plan the things out. To begin with, you should think about the budget – how would you manage the finance; once you have worked on the budget, the next step should be the kind of property you want – whether a 2-BHK flat would suffice, or an open land is a better choice; last, but the most important thing, would be to look for a professional that could guide you throughout the property buying process, someone who knows Gurgaon real estate market from inside and outside and thus can help you find the best property in Gurgaon, that too within your budget and in the minimal time.

Author Bio –

Rashmi Nair specialises in real estate content, and writes extensively on the topics covering satellite cities like Gurgaon. To read more from him, visit the space regularly. The next post would be a continuation of this post and would be focused on how to get the best property in Gurgaon.

Today Royal Elegancia in Sector 73 Gurgaon, Gurgaon


Today Royal Elegancia in Sector 73 Gurgaon, Gurgaon

Today Royal Elegancia is a beautiful apartment located in Sector 73 Gurgaon.Beautiful Apartment in Sector 73 gurgaon.An ultra-luxury abode with luxurious finesse & a vision of creating an unmatched address with world class amenities, Today Royal Elegancia is unveiling its masterpiece in the heart of Gurgaon. The 4BHK luxury apartment along with a guest lounge & servant quarter in 3 towers and 2 apartments in each floor is lined with top of the line amenities like club facility and all apartments over viewing greenery making it distinctive & the most sought-after residential address.

Today Royal Elegancia is a destination for the distinguished and the discerning in the true sense of the word. An entirely new evolution in pure luxury living.

today royal elegancia 25_pp_1

Property Type : Apartments / Flats

Bedroom : 4 BHK

Area : 3650  sq feet

Price : Rs. 2.59 crore

Today Royal Elegancia Features

  • Club House
  • Security
  • Lift
  • Gym
  • Swimming Pool
  • Recreation Facilities

I Know you are very much interested to buy this beautiful apartments view more details Here

 

 

 

Sarvottam Shree Apartmetns in Indirapuram, Ghaziabad


Sarvottam Shree in Indirapuram, Ghaziabad

Rs:54.05 lakhs onwards

Possession Date: December 2016

Apartments / Flats | 3,4 BHK | 1600 – 2195  sq feet

Sarvottam Group signifies the epitome of luxury, integrated with superior quality and understated grandeur. The spirit of creativity and perfection of the organization is reflected in its endeavours to achieve excellence, a quality perfected in serving the nation for the past decades. Sarvottam Shree is a residential Apartment project in Indirapuram, Ghaziabad.

View more details

URL : http://property.sulekha.com/sarvottam-shree-in-indirapuram-ghaziabad

Noida: An Emerging Luxurious Hub


NOIDA or New Okhla Industrial Development Authority is located in Gautam Buddh Nagar district of Uttar Pradesh. This city which falls under the catchment area of the Yamuna River shares its border with New Delhi, Gaziabad and Greater Noida. Being close to New Delhi and the National Capital Region gives it an extra edge.Witnessing a whole lot of commercial establishments, plentiful of developers and builders have already established themselves in this city with numerous residential real estate projects.

Currently, Noida is in news after the globally acclaimed luxury hospitality giant Four Seasons has launched its private luxury residences at mix land-use property in Delhi. Each apartment will be costing between Rs. 10 crore to Rs. 25 crore. The owners will enjoy hotel like facilities such as temperature controlled swimming pools, laundry, in-residence dining, valet service, transport services, housekeeping and much more.

Noida is a happening place with a lot of greenery and natural beauty and is populated with the best world class infrastructures. Another plus point that works for it is being very close to Delhi, which results in a win-win situation.

Projects like Four Seasons are transforming the definition of quality living and affluent people in New Delhi and National Capital Region (NCR) are ready to invest in such kind of projects for luxurious and comfortable living.

The prime reason for such growth of Noida city is its connectivity to New Delhi, and Delhi Metro has played an essential part in it. Through Delhi Metro, Noida is now connecting to almost all the commercial places like Connaught Place, New Delhi, IP Estate and Akshardham Complex.  Noida features three main expressways:

  • DND Flyway that runs across the river Yamuna, connects Noida and Delhi
  • Noida-Greater Noida Expressway (NGN Expressway)
  • Yamuna Expressway, connects Noida to Agra via Mathura

Noida city is populated with well known educational institutes and hospitals. Some of the best educational institutes like Amity University, Jaipuria Institute of Management, JSSATE, Asian Academy of Film and Television, Mahrishi Vidya Mandir, Amity international, DAV Public School, Ryan International are part of this real estate hot-spot.  Beside these there are loads of good hospitals in Noida, such as, Apollo hospital, Fortis Hospital and Metro Hospital and Heart Institute.

The reason for growth of residential real estate in Noida is attributed to the IT /ITES sector and to manufacturing industries. It is a major hub for multinational firms like Sapient, TCS, Accenture, Samsung, Dell, Ericsson, Tech Mahindra, Adobe System, ALSTOM, Escorts and Honda.

Noida city had been providing affordable as well as luxury and high-end projects to its potential customers. Some of the ongoing luxury projects are:

  • Prateek Stylome
  • Curio City
  • Supernova
  • Mist Avenue

Apart from luxury project, apartments in the range of Rs. 60 lakh to Rs. 90 lakh are having maximum sales in Noida and they are mostly with 2 and 3 BHK configurations. As per a report, around 56000 residential apartment s will come up in Noida by 2014.

The prices in Noida may increase by 10 to 15% in next 6 months; the reason for this increase is the hike in cement prices. The average price for a regular apartment in Noida is Rs. 4,100 per square feet.

Landmark Group Makes Profit by Quitting from Leading Real Estate Projects


Landmark_Facade_jpgLandmark Group, the leading real estate investor has exited from the Ghaziabad’s mega residential project, the Hi tech city (Wave city) for Rs.350 crore.

The wave city is a new residential project, started earlier this year by the Wave Groups. It comprises of 75,000 dwelling segments in a space of 4,500 acres. Around 4000 units of the first phase are close to completion.  These affordable residential units are launching for a bracket price of Rs.14 lakhs.

Landmark, a leading real estate investor company of the Dalmia group, made its investment in top notch projects that are ventured by leading real estate firms like Forum, Pioneer, Prasvanth, ATS, Ansal, kumar builders etc. In the wave city project, the Landmark group had invested Rs.111.26 crore and earned 3.15 x on its exit.

This is not the first time that the Landmark group has exited from an ongoing real estate project. Earlier this year, landmark made its exit from 2 other projects but still managed to make a profit out of both. With the ATS group investment, it gained a multiplier of 2.3 x and an internal rare return (IRR) of around 24.5% on its exit. The landmark had also exited from the Shipra’s residential project with a profit of Rs. 50.53 crores which is 2.10 times the original investment.

In the present day scenario of the real estate market, most of the equity investors are struggling to stay in the field, but landmark has found its way out without encountering any loss by applying a profitable exit strategy.

Greystone Villas, RT Nagar, Mysore


Greystone Villas is a luxury villa residential project at the RT Nagar locality of Mysore. It has been MUDA approved and is just 9 kilometres away from Mysore Palace, Railway Station and Bus Stand. The villas available are all independent single floor and duplex houses.

Loans for the project have been approved by State Bank of India and by Axis Bank. There are two BHK and three BHK villas available here. The two BHK comes in two varieties of 1100 sq ft and 1500 sq ft. The three BHK has one type which is 1800 sq ft and the other one is 2300 sq ft.

The exact prices will be made available on request to the developers but it is expected to start from Rs 37 lakhs onwards. Plots will be either 30X40 or 40X60. Possession will begin by October 2014. There will be beautiful 12 metre wide asphalt roads within the complex itself. Water supply and sanitation lines are separate for each plot. The entire area is aesthetically landscaped with tree line avenues. There is also a Children’s Play Area and park among other amenities.

The area is also a good one and is expected to be the future residential and commercial hub of Mysore. There are a number of good schools in the locality like the Christ Public School, Kautilya Vidyalaya and Shrada Public School. It also has a number of hospitals, banks, malls and shopping areas. It will definitely be a great locality to live in for your family and children.