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.
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The future for Gurgaon real estate forecasts huge growth in residential as well as commercial sectors. This developing commercial hub of India is a known location for a number of reputed realtors, builders and estate consultants. (www.echelon.health) Well known builders are interested in having residential and commercial land dealings in this place. The main reason for this is the growing commercial significance and increasing urbanization of this area. The promising development scenario of townships in Gurgaon, as well as high availability of plots, further facilitate the immeasurable potential of this region. Also, it is quite simple to purchase and sell land in this city. Luxury homes in Gurgaon, are also contributing towards making it a favored residential destination.
All realtors offer professional services that are crucial for purchasing any kind of residential house in Gurgaon. The city is an important centre for real estate in entire North India and a large number of properties are available here, for sale. So, it is highly recommended that you take the assistance of a professional to buy, sell or lease any of the residential or commercial properties. These trained realtors not only have complete knowledge about the real estate market, but are also fully aware of all kinds of legal processes that have to be taken care of, in all kinds of property transactions.
Independent floors on NH 8 Gurgaon, commercial properties in DLF city and luxurious residential apartments in Sushant Lok, are the heart and soul of the city’s property business. Residential areas in Palam Vihar has also benefited because of the huge availability of ready-made houses and plots.
This commercial capital offers a variety of lands, as well as pre-built residential houses such as apartments, houses, condos and stores in the local markets. Commercial properties also include offices, exhibition halls, warehouses, factories, industrial sites, retail shopping marts, etc. These properties are available for sale, lease, rent and purchase, with the help of local realtors. You just need to contact a reliable agent in order to get an entire list of properties to choose from. These lists are categorized on the basis of independent colonies, along with their respective realtors.
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.
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.
Today, the real estate in Gurgaon is growing at a tremendous speed due to the new residential projects. Gurgaon has a huge variety of residential options, which provides you an ample number of choices to buy or rent properties.
You can easily find 1 bhk, 2 bhk, 3 bhk and 4 bhk houses in Gurgaon, along with penthouse and luxury homes in Gurgaon. So, whether you are planning to buy your dream house, a second home or just willing to invest, buying a property in Gurgaon is a great experience, but at the same time a cautious job. Before buying a home, you might have decided your budget, but that’s not all. You need to research more before investing in any property in Gurgaon. Here’s a short checklist to make your work easy.
- Know the options: Once you have decided to invest in the property, check the options. As per your budget, choose the type of flat that might range from villas to 3 bhk flats in Gurgaon. This should depend upon your budget as well as the number of occupants.
- Know the builder: Now when you know the type of flat you want, check different builders in your preferred area. Check the builder’s track record, about the property as in if all the legal formalities and necessary government approvals like license and permissions are sanctioned or not, make sure property is free from all types of claims and mortgages. Also, search about the financial stability of the builder and see the past projects.
- Know the sole property proprietor: It is not necessary that you get the property from a builder; several dealers and sole proprietors are there who work as a middle man. Make sure you check about them as well before finalizing the deal.
Apart from the above mentioned points, ensure that it is safe to invest in the property; for example, no family dispute against the property, no third-party claim and no silent agreement should be associated with the property. Moreover, ensure that you deal only with a reliable dealer and each and every procedure moves a step forward only after your assurance. In order to buy a house without any problem, it is very important to go for a thorough research before purchasing the property.
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.