Why Invest In Real Estate In Gurgaon Ray White Gurgaon Gives Its Expert Opinion
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Detailed research needs to be done After selecting the type of property, one needs to make a detailed research before actually investing in the property. The research will vary depending upon the type of property one selects. The research may include looking for property values, to what extent they have changed or changing currently, which locations are more popular for purchasing a particular type of property etc. for example in old Gurgaon or new Gurgaon. A good realtor can help the first time investors in finding what locations are most popular where major projects are about to begin. The realtors are experienced in their fields and they have an idea of the properties that are likely to rise in value. They can also give information on comparables, zoning and other data that will help the investor to make the right choice and maximize profits.
SPR connects MG Road with Gurgaon Expressway (NH8) while NPR, also called Dwarka Expressway connects Dwarka in Delhi with the expressway. Developers like BPTP are coming up with their residential projects like, Amstoria, Park Serene and Spacio, while Ramprastha on the other hand has its ongoing biggest Ramprastha City which includes Skyz, Edge Towers, View and Atrium spreading in the land area of 450 acres out of which 15 acres of land has been given to the Dwarka Expressway. The current rates for apartment by these 2 major developers of the Northern Peripheral region ranges from about Rs. 60 lakhs to Rs. 1 crore depending on the size ranging from 1600 to 2200 Sq.ft.
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The magic figure 1 crore that we were so used to hearing from our fathers has lost its credibility in todays market. But let me remind you that this magic figure still exists in Real Estate in Gurgaon. Those who are planning to invest in Real Estate in Gurgaon and have a budget of 1 crore, dont shy away. The two important developments which any investor or end user of residential or commercial property may like to note would be the Southern Peripheral Road and the Northern Peripheral Road as specified by the Gurgaon Master Plan 2025. Most of the developments are happening in these areas. The SPR and NPR together would form a ring around Gurgaon and connect Palam Vihar and MG Road through NH-8 near village Kherki Daula.
