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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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Top 5 Tips That Will Help You Buy a Flat in Gurgaon

Gurgaon, the millennium city has in no time seen an upsurge in the number of commercial as well as residential properties. A huge chunk of the population is working in Gurgaon and now more and more people are considering the option of buying flats in Gurgaon. By doing so, they can save on their expenses and time of traveling. The demand for residential flats in Gurgaon saw an active participation by various building contractors and this resulted in the availability of flats for sale in Gurgaon.

tips to buy flat in gurgaon

The 2 BHK flats in Gurgaon are an ideal choice as they have been provided with top-notch facilities required for a comfortable living. A tremendous growth has been observed in the rate of Gurgaon flats, and it is expected that these prices will rise in the upcoming years. Therefore, if you too are willing to buy a flat in Gurgaon, the time is right! Here are a few useful steps that you can follow to make your purchase a little easy:

1) The first thing that you need to do is- fix a budget for yourself. A predetermined budget makes the task of searching a flat easy as you will deal only with flats that are within your range. This helps in saving time and enables you to quickly shortlist your preferences.

2) While deciding on a budget also include an estimate of the other expenses that you will have to pay at a later stage. These expenses include costs like the fee of the agent for survey and taxes. Generally, these costs are not calculated in the initial stage and at the time of making the payment, it becomes heavy on the pockets.

3) Conduct a proper survey so that you are aware of the property prices. This will save you if in case you are being charged high.

4) Once you start searching for flats, prioritize the accommodation requirements that you wish to have in your flat. For some a balcony is a must, while for some it is important for the flat to be built with the correct Vastu. Shortlist only those flats that will satisfy your needs in the long run.

5) Last but not the least, when you decide on a flat, appoint a engineer who can run a check and inform you about any defects (structural or technical) that the flat has.