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Investing in Pre-Launch Projects in Gurgaon

Gurgaon, the millennium city, is growing at an express speed. With respect to its proximity to national capital, people are choosing the city as their home. Moreover, the growth can not only be seen in infrastructure and development, but also the population of people living here. Today, you can see biggest of MNCs in the city, along with hotels, schools and education system. Besides these, commuting has become very easy for the people living here. The city is not only beneficial for living, but also if you are looking for investment. One of the highly profitable investment areas is investing in property as builders are coming up with various projects in Gurgaon.

Pre-Launch Projects in Gurgaon

Preferably choose either an upcoming projects or already on sale. There are various villas in Gurgaon for sale available in the city. Similarly, 2 to 5-bhk flats for sale in Gurgaon are available for purchase.

However, buyers who choose to invest on pre-launch projects are generally opportunistic investors and are usually ready to wait for a couple of years for the possession. Here’re some tips an investor should keep in mind while investing in a pre-launch projects:

Know your project: It is very essential to know about your project. See what type of project you are looking for investment as you can get ready to move flats in Gurgaon, villas, flats and more for the investment. Also, this will help you to decide on the investment amount.

Who is your builder: Check different builders bringing the project in the city. First-of-all make sure that the builder is credible and has many projects on its name. A reliable residential builder with a good reputation in market is usually a safer bet for investment.

Credibility of project: Make sure the builder has land with free and clear ownership, where the project is being built. Along with checking the agreement between builder and the land owner, also check land is non-government property and is legal. Moreover, see that project should have a commencement certificate in place.

Growth forecast: It is essential to know about the growth prospect of the area in which project is building for the better return. Check the neighbourhood for the developments like market and other important infrastructure.

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Difference Between Retail Space and Office Space

Various builders are coming up with excellent commercial projects in Gurgaon. When we talk about commercial property, you have options like office space, retail space and industrial space – all you need to do is determine what will suit your requirement. Each property offers different features to the tenants depending on factors like location and nature of business. But before you select a commercial property for rent, it is very important to understand the difference between the properties available. Let us have a look at the difference between retail space and office space.

Commercial Retail Space
A retail space is generally expensive than the office space. This setup generally resembles an anchor store and is surrounded by smaller stores. While looking out for a retail space, try choosing the space that is closes to the anchor store. This will attract more traffic to your store. A few factors must be kept in mind while looking for a retail space. Those factors are:

Visuality: The visibility of your store is something that matters the most. People should be aware of your presence and for that your logo should be clearly visible. Before deciding on the the space, find out where are how can you display your logo.
Accessibility of the store: The next thing that you should look out for is the accessibility of the store. Visitors should have an easy access to your store even if the surroundings are busy.
Availability of parking space: The visitors should have the facility of parking their vehicles in a safe place. When you look out for a retail space, do check if there is ample space available for parking.

Retail Space vs Office Space

Commercial Office Space for Rent

When you compare a retail space with a traditional office, the latter is certainly less expensive. The lease of the office space is generally for a long period of time and can be easily renewed. If you are willing to opt for an ideal office space, that too at an economical price, there can be nothing better than a office space on lease. Here are a few factors that should be considered before making a decision.

Visibility: It is very important to check the location as it is one of the prime factors that affects the visibility of a business.
Relocation: If in future you plan to relocate, how will your customers be informed about it? This is something you need to think of in advance.
Convenience: The convenience of the customers is of utmost importance. Make sure that before finalizing the space, you check that the location is easily accessible.

It is always a great choice to seek the advice of a real estate agent as he will understand your requirement easily and guide you on the right kind of property.

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Gurgaon: The Most Desired Destination for Real Estate

Gurgaon real estate has experienced constant growth in the last couple of decades. Some of the top real estate companies in India have invested in Gurgaon, triggering a demand for real estate in the city. From residential, to commercial, to retail, Gurgaon has undergone remarkable levels of development. Real estate companies in Gurgaon have redefined architectural excellence with new age construction and a modern skyline.

Gurgaon

Reasons for Increase in Real Estate Investment in Gurgaon

Gurgaon is highly feasible for property development because of the establishment of top MNC’s and IT companies in the city. Its realty market generates high demand because of the office spaces in Gurgaon, along with its residential and retail structures.

Another reason which works in the favor of real estate companies in Gurgaon is that it is in close vicinity to the airport, as well as the national capital of India, New Delhi. There are a number of modern housing complexes and planned residential areas which are encouraging buyers to choose Gurgaon as their permanent residential address. Luxurious bungalows, condominiums and plush apartments make Gurgaon a posh address. Real estate companies in Gurgaon want to reap the benefit of this substantial growth.

Property rates in Gurgaon have increased a lot over the past few years. Gurgaon’s world class infrastructure has placed it among the best cities of the country. An eight lane national highway and Delhi Metro have added to the glory. It is a metropolitan city equipped with all the hi-tech amenities of the modern world. This makes it a good corporate destination, with amazing office spaces in Delhi/NCR. Most multinationals have found the perfect city to have their head office and branch office. The city has now become the commercial hub of the country.

Development of various schools, colleges and professional institutions have turned Gurgaon into a city which provides ample educational opportunities. Good transport facility connects the city well with the neighboring states, as well as the national capital.

The city has enhanced its position as being a world-class real estate destination. Its connectivity as well as state-of-the-art office spaces, give Gurgaon an edge over other cities.

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Buying a Property in Jaipur? Some Guiding Tips to Help You Make the Best Choice

The Pink city, a major tourist destination, known for its heritage sites, forts, handicrafts, jewelleries, traditional rich culture, has fast emerging as India’s leading investment destination hub after Gurgaon, Noida, Pune. The well planned city , the wide roads, clean and peaceful city, Jaipur has lured people of other neighbouring areas to buy properties here as investment.

profit to buy property in jaipur

We give below some essential guiding tips for property investment in Jaipur

  • Residential plot or apartment: The most lucrative sector as of now is the Jaipur Highway, which connects Jaipur with Delhi. The world class expressway, which is under construction, will be completed by June 2015. Many renowned real estate developers like Vatika Group are coming up with many projects along the highways. If you are planning to invest, then this is the best time. You can opt for buying a residential plot in Jaipur, which would cost less than an apartment in Jaipur Highway, at present. Once the expressway is completed, the residential property prices will rise. Residential plots on the highway or the integrated townships coming along the highway are better options.
  • Selecting a developer: Many small and new developers are emerging in the Jaipur real estate sector. It is to be noted that projects being developed by a new builder or an unknown builder are prone to delays in completion, though their offers will be comparatively cheaper. Investors or customers should always pay a little premium but should opt for a branded or reputed developer who will ensure the project is executed or completed on time and you know that your money is in safe hands.
  • Absorption: Jaipur is fast growing in the likes of Gurgaon but it has not reached that stage yet. The areas like the outskirts of Jaipur or the expressway have large inventories and absorption could continue to slow down. In areas with low absorption rate, residential properties are less costly. Hence these are suitable for long term investors, who can wait for 5-10 years. You should investment in property in such areas only if you do not have any plans to sell off the property immediately.
  • Specification: Look for areas that are adjacent to an open public park or greenery around because when buildings and townships grow tall, it becomes difficult to find large open spaces, which is the case in Gurgaon or Noida now. In Jaipur, there are still lot of open spaces available. So when you buy a property, make sure that your area has some space around it, so that there is no question of over crowdedness.
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Tips For NRIs To Invest In Commercial Property In India

It is becoming a challenging task for Non Resident Indians to invest in Indian property as rupees are touching the grounds in comparison to the dollars. Different cities from Delhi and Mumbai to Gurgaon and Noida, every town offers commercial property for investment purpose. If you are an NRI and planning to invest in property in India, preferably consider investing in commercial real estate. Finding a commercial property is not at all difficult, but investing in the right one requires little caution. Below are some tips for NRIs to look before investing in commercial property in India.

Tips for NRIs to Invest in Gurgaon

Location: Before choosing a commercial property for investment sale, make sure you check economy, job market and population growth in the market. Moreover, investors should check the reliability of the location, along with demand and supply dynamics. Appropriate research is very much needed before investing.

Type of property: Once you have decided on the location, check the type of property you want. The most popular properties for this include retail and office spaces, but preferably go for a property with good return. Till few years back, there was only large units available in both, which made it difficult for small investors to invest, however, with the smaller spaces, it has become quite easier. In addition, experts believe that investing at high street is more beneficial than a mall as it can be failure. This is because shops in a mall are sold before its construction and developers restrict to sell a store as a unit.

Expected returns: Professionals suggest keeping a higher budget for any commercial investment will provide higher return of investment. When you buy a property make sure you get at least 11 to 12 per cent of return. The income generated from a commercial property determines its value or it can also be said that capitalisation of the property directly depends on the demand for the property. Investing in commercial property can be a high-return game if you do your homework well.

These are some of the important tips that would help you to invest in right type of commercial property at correct location, which will provide maximum return of investment.

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Haryana: A Flourishing Real Estate Destination around Delhi

Delhi-NCR is the most preferred investment destination especially for the real estate buyers and sellers. And even if you are looking forward to invest in a property near Delhi, Faridabad can definitely be included in your list of locations. Faridabad is making its position in the real estate market as it offers high return on investment, better pricing and safe environment. Moreover, Faridabad has speedily developing infrastructure, improved connectivity with Delhi and other near-by areas, and world-class projects. You can easily find different and appropriate office space in Faridabad. Besides Faridabad, plots in Ambala and Gurgaon are also blooming at a good speed. Below are some reasons of why Haryana and especially Faridabad and Ambala are coming up with excellent real estate opportunities.

Real Estate Haryana

State-of-the-art Infrastructure: From state-of-the-art infrastructure to improved connectivity with Delhi, Haryana has become one of the fastest developing states of the country. Haryana government is planning to construct various expressways and National Highways to connect the state with other bigger states. Moreover, large multinationals and corporate firms are establishing their root here and since last few decades it has become more prominent. Apart from these, government is bringing world-class educational facilities with various schools and UGC approved colleges. Even in entertainment sector cities like Faridabad, Ambala and Gurgaon has topped the chart with some big hotels, restaurants and shopping malls.

Money-spinning Job Opportunities: With so many MNCs establishing in the state, youngsters can easily find money-spinning job opportunities. More and more BPOs, IT companies, and media companies are coming up with their branches in the state. Today, more than 500 companies are in the state for the young professionals and graduates.

Connectivity: Faridabad is connected to Delhi via metro and Ambala via buses and trains; whereas Gurgaon will soon be connected with Faridabad by monorail. This will increase the value of properties in different areas. Demand for both commercial and residential properties will touch its peak high.

You can also find best plots in Ambala in different sectors, and popular being the plots in sector 23. Ambala city is developing rapidly with some of the world-class residential and commercial properties.

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Benefits of Residing in Luxury Apartments

Who doesn’t love living a luxurious life, but with the increasing crime rate, what one demands more than luxury is a safe living environment. Wouldn’t it be fantastic if you are offered both? Certainly yes! This is exactly what the upcoming residential projects in Gurgaon are offering. Living in a well-maintained and a well-designed residence is what people can enjoy in Gurgaon. Today more and more people are opting for luxury apartments in Gurgaon. Here are a few reasons for choosing luxury apartments.

Luxury-apartments

  • Safe environment: This is one of the most important factors that should be kept in mind before buying an apartment. The apartments for sale in Gurgaon are built carefully and utmost importance is paid to the safety of the residents. The companies that offer luxury apartments are very particular about the safety measures they provide. A guard at the entrance manages the security and makes sure that only the people living in the apartments, enter. Also, the guests are allowed to enter only after a proper verification. This keeps the environment safe and secure.
  • Serene view: Luxury apartments are built in spectacular locations and what is the fun of living in these apartments of you cannot enjoy the view. Keeping this in mind, terraces and balconies are built along with the apartments. The apartments range from one bedroom, two bedroom to studios and duplex residences.
  • Spacious: The rooms, kitchen and bathrooms of these apartments are large and provide immense comfort. Also, there is a good news for pet owners – along with providing ample of space, these apartments are also pet-friendly, this means that if you own a pet, you do not need to worry about anything.
  • Safety of vehicle: The houses for sale in Gurgaon, ensure your safety and at the same time also ensure the safety of your vehicles. A dedicated parking space and garage is provided to every resident. This ensures that your vehicle will remain safe even when the weather is bad and when there will be broken trees and branches. Moreover, since every resident has his individual large parking space, there is no question of one car accidentally bumping into another car.

The provision of all these facilities make luxury apartments ideal for a happy and luxurious living.

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Why Conducting a Research Is Important before Buying Property in Gurgaon?

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.

Steps to Help You Decide Before You Buy

  • 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.

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Affordable Housing in Gurgaon – An Ideal Real Estate Choice

There is an immense requirement of affordable housing in cities and the Indian housing department has found a solution to this problem by adopting the concept of affordable housing in NCR regions like Gurgaon, Noida, Ghaziabad and Faridabad. Affordable housing in Gurgaon and Noida come in the form of huge number of residential projects, which are coming up in these cities. After a long phase of global recession, there are many low-priced projects coming up in various parts of the country.

Housing in Gurgaon

We are going to talk about Gurgaon in particular as the city is now sprawling with affordable properties. Gurgaon perhaps has the biggest real estate market in the Delhi/NCR region, as there are housing projects flooding the entire city. Affordable housing comes in the form of low-cost apartments in Gurgaon, builder floors and other such housing projects. Where houses are generally very expensive, such affordable options would help people in making their dream of owning a house, come true. This is a profitable bargain for builders in Gurgaon, as they draw a large number of buyers from the low and moderate income groups. In such affordable housing projects, the land area is optimized to its maximum capacity. For example, two flats can be developed in an area meant for one. There is more profit for the builder, as more buyers can be entertained. Both the parties benefit in this arrangement as the buyer gains by getting a home at an economical rate and the builder gets a profitable deal by selling a number of flats on the same land.

Although property prices are soaring, this might be the easiest time to buy flats in Gurgaon. The reason for this is easy accessibility to loans through a large number of money lending institutions, banks and other financing companies. There is a huge increase in the number of buyers in real estate market, due to the feasibility of housing loans for the common man.

Gurgaon real estate has a lot to offer as the city is bordering the capital city and there is good connectivity to other cities as well. As it develops rapidly in all sectors, the appreciation in real estate has lured large number of investors. Large number of affordable projects in Gurgaon and easier access to loans, has given an enormous boost to the real estate market.

 

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Retail Space for Lease: Step by Step Progress

Investing in a property is a tough decision, and once you make up our mind for the same, it is certain that you want the best. For businessmen starting their own business, one option is to opt for retail spaces for sale or opt for a retail space for lease. However, renting is always a better option. When you look around, you will find various retail spaces for rent, and this is when people tend to get confused. In this confusion, everything looks the same and narrowing down the options becomes a tedious task. Always make sure that before you sign any agreement, you are sure of the choice you have made. To make your work a little easy, we bring to you ways in which you should proceed while searching for a retail commercial property.

retail spaces

  • Step 1: Never take a hasty decision. You will have a number of options around you, so make sure you explore all the options before choosing a commercial space. Choose a location near the malls or plazas or choose a space that offers ample of parking space. Which place is offering you what can only be known once you have a look at all the options available.
  • Step 2: Never go out of your budget. While calculating the budget also include the hidden costs and the cost of insurance. This will give you an idea of the monthly expenditure you will have to bear. Most of the times, people miss out on calculating the hidden costs, which later on becomes extremely heavy on the pockets.
  • Step 3: Once you have narrowed down a few choices, do not go only by the outer appearance of the building, instead do a walk-through. Check the interiors and talk to the landlord to get all the necessary information about the rental scheme. Also discuss the tenure of the rental and clear out any other doubts that you have in your mind related to the property.
  • Step 4: When you have finally made your choice, check the rental agreement. This is the only time when you can negotiate, so make full use of the situation. Make sure that when you negotiate, you discuss about the monthly rental, security deposit, availability of parking space and decide on a date when you can move in. If all the above parameters are within your reach and expectation, you can move a step ahead.
  • Step 5: Always make sure that you read the lease before signing it. If you are not fully aware of any of the legal terms mentioned in the agreement, do not let it go. Take the agreement to your real estate lawyer, understand what exactly is written in the agreement and only then sign it.

If you move step by step in your search, chances are that you will make less mistakes and find exactly the kind of property that you have been looking for.