While finalizing a house, selecting the right location is of utmost importance. Choosing the right location for your house will add to the value of your investment. Apart from that, it will be advantageous in many other aspects of your life. Developing at an excellent pace, Gurgaon today has become one of the most commonly chosen places for residence. An industrial hub and a provider of well-paid employment opportunities, this city features some of the best housing projects in NCR. However, once must remember some key points while choosing a location for your house. Let us have a look at those:
• Consider the Geographic Factors
Your lifestyle will be influenced by the city you choose to get settled in. Thus, you need to select a city that suits you the best, particularly when you have long-term plans with your new house. The climate of the place, infrastructure, surrounding areas, and distance from the neighboring cities are some of the important factors you need to take into account. Luxury homes in Gurgaon satisfy all these criteria.
Continue reading “Importance of Choosing the Right Location While Buying a House”
While purchasing a residential property, you should opt to stay in an area that is showing immense signs of development. Not only does locational advantage count, but it is also one of the most important aspects of selecting a residential property. This is because it is not only your satisfaction, but also a satisfactory living for your next generation that you would want to witness. If you are planning to purchase a luxury home in a metropolitan city, taking into account the aforesaid features, the city of Gurgaon will serve your purpose well. When we talk about Gurgaon, it has more than just the locational advantage. The city comes with a plethora of residential features that are not available anywhere else. The varied real estate options in Gurgaon include independent villas and luxury homes. These villas, built by world class developers, are spacious and beautiful homes with plush amenities.
Continue reading “Reasons to Purchase an Independent Villa in Gurgaon”
The modernization and development of cities have heavily contributed in the increasing demand for commercial and residential properties among people. Every day, numerous builders are coming up with commercial and housing projects in NCR to fulfill this growing demand. While investing in the real estate, often people get confused between existing and upcoming residential projects in Gurgaon. Investing in old properties means purchasing real estate in a well-settled area; however, new projects have many advantages that can make the investment worthwhile in the long run.
Today, the concept of living has changed into ‘the bigger is better’, and builders are focusing on optimum space utilization. Unlike old homes, new housing projects in Gurgaon have more space inside as well as outside. Recently developed as well as new projects are better planned and have sufficient space for everything, from playing area to parking space. New houses are built with spaces that are expected to be developed soon and, thus, hold immense growth potential.
Nowadays, builders think about calm and friendly environment while developing the property in order to provide an unparalleled living experience. While constructing new houses, builders usually consider state-of-art-infrastructure with all modern conveniences inside and outside the house. Solar panels are used to provide the houses free and clean energy, while making them ecofriendly. Moreover, proper insulation is provided to walls, floors and ceilings, to protect them from natural disasters like earthquakes. The windows of these houses have dual panes that keep the home warm during winters and cool during summers.
More maintenance is needed for an old property in Gurgaon, India. Replacement of wiring and plumbing can be another problem for those shifting to old homes. New properties are clean and untouched and, thus, can easily attract potential consumers. These new houses are incorporated with the latest security systems that keep unwanted visitors out.
A new home can easily be customized in comparison to the old property. There are certain things in the home that buyers wish to change as per their needs. From kitchen cabinets and flooring to showcase and bathroom structure, anything can be customized at the time of construction itself.
There is a wide variety of residential properties and luxury homes in Gurgaon. Budget apartments and housing societies cater to the middle class segment. Higher end segments like independent houses, condominiums, villas, penthouses and lifestyle apartments in Gurgaon, cater to the rich.
How Does Gurgaon Score over Other Metropolitan Cities
The primary reason of Gurgaon’s transformation is its location. Fortune 500 companies, major IT companies and popular brands like Maruti, Honda, etc, have made it their home. Better infrastructure and transport services like Metro, have further contributed to its development. This has fuelled Gurgaon’s growth, directly or indirectly leading people to come to Gurgaon, resulting in a huge demand for housing projects in NCR.
Gurgaon has become one of the most desired locations for residential requirements, therefore raising the real estate prices. Choosing the right property becomes an even more difficult task because of a host of property options available in the city. Following points emphasize on how you can get the best residential deals in Gurgaon.
- Getting hold of a good real estate agent is the most important task while attempting to buy a property in Gurgaon. They are aware of the region inside out and are also knowledgeable of the existing price trends.
- You should do some homework of your own and get to know about Gurgaon properties and the prices at which they are available. This gives you a good idea about the property rates in various locations.
- While making the deal just ensure that there are no hidden clauses and that the deal is completely transparent.
- Finally, ensure that the property does not have legal issues or any other problem, before going to the registrar’s office.
In the past decade, Gurgaon has come to the limelight as the prime NCR area for residential properties. Different areas in Gurgaon provide various options in residential properties, for example, residential places on Nh 8 Gurgaon, are fairly popular for purchasing properties. Since the post liberalization era, various cities in India went through a massive growth, both in the corporate as well as industrial sector. Gurgaon was one of the cities which was blessed with this transformation.
Owning a home in Gurgaon is the dream of every individual as the housing options available in the millennium city provide a perfect blend of luxury and comfort. Various builders have come up with lucrative housing projects in NCR, but it is important to choose wisely and not make a hasty decision. Before choosing a property, it is crucial to check the facilities that are provided along with the property, so that you can enjoy a luxurious lifestyle. Let us have a look at a few facilities that must be checked before investing in a housing project in Gurgaon:
The real estate developer must be registered: It must be kept in mind that the real estate developer of the housing project should be registered. Once you are sure that the real estate developer is authentic, you can fearlessly invest in the property as you can be assured that your money is in the right hands.
Excellent connectivity: Most of the properties in Gurgaon are built in a location that is well connected to the metro station, close to the airport and allows easy access to buses, autos etc. This is one of the prime factors that must be taken into consideration while looking for a property. You might find a property that is cheap but located on the outskirts of the city – investing is such a property is an absolute waste of money as everyday you will have to spend a huge amount of money in traveling.
Choose floors in Gurgaon with reserved parking: Having a parking space is of utmost importance as your vehicle must remain safe when you are not using it. The floors on NH 8 Highway Gurgaon by Vatika Group provide every resident ample parking space. This keeps the vehicle owner tension free about the safety of his/her vehicle.
24 hours electricity and water supply: To enjoy a luxurious lifestyle, availability of electricity and water supply throughout the day is a must. Make sure that you get fresh drinking water throughout the day. Also, there should be an availability of 24 hours power backup when the electricity goes away.
Security: Living in a home of your choice will not be fun until and unless you have an assurance that you are safe and sound in your home. Ensure that proper security arrangements are provided to every resident. A security guard must be available at the main gate so that there is a track of who is entering and exiting from the premises.
Once you are satisfied with all the above mentioned facilities, you can go ahead with your choice.
Gurgaon, the millennium city, is up-stomp with its high-valued assets and enhanced infrastructure over the past few years and the most recent add-on to the growth of the city is the launch of rapid metro. The rapid metro connecting Sikanderpur to Cyber City is something people in Gurgaon were waiting for. The city comprises different areas and sectors with some of the outstanding residential and commercial projects, also these sectors and new Gurgaon, located on either side of the highway, is coming up with various housing projects in NCR. Whereas in South Delhi, no new place is left for any such developments.
Different areas like Golf course road, extension, Sohna Road and others have come out as the demanding destinations for both residential as well as commercial properties. Also, people from different nearby areas like Delhi, Noida, Faridabad and Ghaziabad are planning to shift their base in Gurgaon in order to enjoy the comforts of housing near their workplace. In comparison to South Delhi, today, various builders in Gurgaon are investing in Gurgaon.
Moreover, in comparison to South Delhi, Gurgaon is emerging at a rapid speed into a commerce, retail and hospitality hub, along with the optimum growth in the residential division with bringing luxury villas in Gurgaon. Besides these, growth in the number of restaurants, hotels and shopping complexes can be clearly seen in the city, which effectively have catered to the people with travelling jobs and business. There are a huge number of people who travel to Gurgaon everyday from nearby cities for work, shopping or various other reasons.
Though the cost of living in Gurgaon is quite higher in comparison to other developing areas, people are choosing the city over Delhi. The city’s vicinity to the business district, accessibility to residential units and availability to national and International airport are some of the other reasons that are overruling the residential prospects in the jam-packed localities of South Delhi. What else makes Gurgaon a perfect city to live are the eased FDI and RBI policies which make the city preferred for investment as well.
Various upcoming residential projects in Gurgaon are making the city a swanky and cosmopolitan suburb by providing various options to the potential patrons.
Gurgaon is a dream destination to purchase a home, therefore, its properties have emerged as being the most favored by home buyers. Spaciousness, tranquility and greenery along with modern amenities and facilities ranging from schools, sprawling malls to state-of-the-art hospitals, are some of the reasons for Gurgaon to be so popular.
The real estate market in Gurgaon has grown tremendously, ever since number of MNC’s decided to set up their offices in Gurgaon and the pace hasn’t slowed a bit. According to real estate builders, ready-to-move in luxury homes in Gurgaon are considerably hot. A lot of people are now looking for luxury under-construction housing projects in NCR. However, property rates are now stabilizing, with so many real estate developers coming up with new projects.
High-end luxury apartment market is witnessing a sudden spurt and experts are of the opinion that this is probably the best time to invest in luxury homes. Luxury projects are being sold within a few weeks of being launched. Even though the mid-market segment, including plots in Gurgaon is hugely in demand. People are now ready to invest in expensive homes with world class amenities.
Quality of life in privately managed luxury residential apartments is relatively comfortable due to high standards of security, maintenance, sanitation and private parking being the norm. These luxury homes in Gurgaon have 24/7 power backup, which is very important for a city that suffers from power cuts of 10-15 hours a day. These apartments have modern facilities ranging from beautiful interiors, excellent woodwork, modular kitchens and well designed exterior. The services and pricing of each project depends upon the kinds of facilities available and the target audience.
Other facilities available in such luxury projects include swimming pools, sports complex within the project, health clubs, Wi-Fi facility and world class kids play area. Luxury Villas will generally have all these facilities, plus they may be more exclusive and better built than regular luxury flats. These projects are built as per the kind of residents that the builder is expecting. These flats and villas are not only purchased for residential purposes, but people invest in such properties with the purpose of renting them out. This way they can recover more than the invested amount.
In the past few years, Gurgaon’s real estate market has seen an upsurge in the demand for floors in residential properties. It is a trend for people to opt for independent floors in high-rise or low-rise residential towers in Gurgaon. Though traditionally people did not opt for upper floors when they purchased apartment flats and so usually the prices of upper floor flats were low. Slowly, there has been a change in the mindsets of the people and they are willing to invest on higher floors.
In recent times, it is seen that land availability in the metro areas is decreasing while the number of people or occupants is growing and hence there is the need for more houses. This has induced the developers to come up with high rises. There is a large section of people who are demanding simply independent floors, so that they can build their houses as per their requirements and style.
Low-rise and high-rise independent floors are in great demand in Gurgaon’s residential houses. Developers are offering floors in Gurgaon with 24 hour power backup and other basic amenities. More and more such housing projects in NCR are being developed. The reason being that, majority find villas and luxury homes in Gurgaon very expensive. Independent houses are also not affordable because of high land value. However, Gurgaon has witnessed an increase in the number of industrialists, businessmen, corporate executives, professionals and NRI buyers, who are not exactly in the highly rich income group segment but are quite well-off to lead a luxurious lifestyle. It is for this group of people that builders in Gurgaon are coming up with independent floors.
The main advantage is that you have a whole floor to yourself, unlike an apartment floor which includes 3-4 flats in a single floor. You have your own space and privacy but at the same time enjoy community living as well. And you get a chance to design your own home in the independent floor of yours. These are not as expensive as villas. These floors are wide and spacious. The owner can use the floor to build a luxury home as per his budget.
It is no hidden fact that in a city like Gurgaon where there has been an upsurge in the demand for residential apartments, villas and independent flats, there is also an equal demand for residential plots in the city. A plot of land is any day a valuable asset for everyone. For a person who wants to build his dream home, buying land is a better idea. You choose your choice of location and you build the house as per your choice. However, there are certain factors to be considered to buy a plot of land in Gurgaon.
1. Location: If you want to buy a piece of land in Gurgaon, check out which is the best location for you and your family, so that you reside in the vicinity of all available facilities. There are residential plots for sale in sectors 82, 83, 84, 85 developed by well-known names in the real estate market like as Vatika Group and others. Do not fall prey for inexpensive plots in the outskirts of the city.
2. Size and type of land: You should consider the built up area of the land space so that your dream house fits into that plot. Also, opt for developed lands as these have the basic facilities in the area like as public road, water supply and power supply.
3. Title Deed: Title deed of the property provides information like as name of the owner, location and other such details. It is very essential that the seller has a right over the plot to sale.
4. Exact Value of Land: Make a survey of the value of plots in Gurgaon. You might come across property dealers who charge an exorbitant rate for a land, which otherwise is much cheaper.
5. Legal Issue: The plot of land should not be associated with any legal issues. You should get the encumbrance certificate for this.
6. Layout: The layout of the plot should be approved by Gurgaon Development Corporation and the local body.
7. Documents and registration: Lastly, consult an advocate to prepare the land documents and registration papers.
Read More: http://www.vatikagroup.com/overview.aspx?hid=1&pid=33