Sunday 19 May 2013

How to make a cohesive investment strategy on Gurgaon property?

The real estate sector in India has made a remarkable recovery from the economic downturn. Thanks to the construction boom, prices of residential properties in the Delhi-NCR region are rising at breathtaking space. The market value of properties here, especially Gurgaon is the highest in India. If you are a potential investor in properties in Gurgaon you must have a firm idea about the current situation in Gurgaon real estate to make good profits. Fast developing areas like National Highway 8, Dwarka Expressway and Golf Course Extension Road are one of the sought after locations for investors at the moment. So before investment opportunities dry up, you should identify a specific area from the ones mentioned above and make your investment plan. Budget needs to be fixed as per the existing market value of new projects in Gurgaon. Be sure about the time period of the investment you want to make. As per existing trends, renting out condominium flats for a few years and then selling them at a higher price would be the best option. Make sure that the location on which you are investing is close to major supermarkets, schools, offices and hospitals of the city. Connectivity to the New Delhi International Airport is another factor which prospective buyers focus on while looking for apartments.

Property insurance is necessary to make sure that if there is damage to your property you don't end up losing a huge sum you have spent to buy it. Once you buy an insurance policy you will have at least be assured that if there is some mishap you will be able to recover a part of it. Gurgaon properties with modern facilities attract a lot of tenants. Monorail will improve the connectivity of Gurgaon and attract more people to settle here for better employment opportunities. They will come here look for apartments on rent which not only have good connectivity but are also have round the clock water and electricity connection, good weather coating and proper sanitation and ventilation facilities. Investing some money in these areas therefore is necessary to get a good amount as rent every month. You can take the help of a property dealer to find out the existing rent rates in your locality and fix the rent accordingly.

The rent agreement which happens between you and the prospective tenant should include all your conditions related to the period of time you wish to lease out your flat, change in rent rates etc. This will make sure that in case of legal issues in the future you can make the tenant evacuate by showing the details of the rent agreement. Be very careful while choosing the tenants. Tenants who have a history of residing in one apartment over a considerable period of time and have a good job profile should be preferred over others. As a result not just will you receive your rent on time, no significant damage will be caused to your property. Renowned real estate developers like Tata Housing Gurgaon have come up with luxury apartments in some of the most happening parts of Gurgaon. Investing here will give you outstanding returns within a few years.

Saturday 11 May 2013

Observe the Investment Trends in Gurgaon Property

The real estate sector is one of the best sectors to invest in at present. This is because as compared to other sectors, it is less volatile. The prices of residential properties in Gurgaon are growing rapidly. The introduction of mono rail to the city is going to happen soon and as a result connectivity with other parts of the Delhi NCR region is going to improve. So the time is ripe for investment in Gurgaon property. However, choosing the right location is not an easy decision to make. The apartments coming up in places like Dwarka Expressway, National Highway 8 and Golf Course Extension Road are attracting interests of people who want to invest in property.

To ensure that you make huge profits by selling your property at a later stage, you should first and foremost choose the best location. Flats which are close to supermarkets, offices, schools and hospitals attract a lot of potential buyers. Good connectivity with the Delhi Airport is also a major factor you should keep in mind while choosing the location. Then you should decide whether your investment would be for a short time period or for a long time period. Short term investments can give good returns within a small period of time whereas long time period can increase the market value of your apartment in a number of years.
        
Once you have taken a decision you should plan the budget for investment in Gurgaon real estate. Always remember that timely collection of funds is a must to make sure that you don’t lose the opportunity to invest in a good location. Check the existing market value and arrange your finances accordingly. Once you have gained possession of your property you should opt for property insurance.

This will make sure that   in case of any damage to your property, you don’t have to spend a huge sum from your own pocket. Apartments in Gurgaon do ensure a good income from rent to landlords. So putting your flat on rent can be a great idea. But you should make some investments to ensure that your apartment has good access to water and electricity, proper sanitation and ventilation facilities. Flats which have these facilities do attract a lot of tenants. But before you let out the flat, get details about the existing rent rates in the locality. This will make sure that your tenants don’t pay you a lesser amount as rent.

A thorough scrutiny of the personal details and background of the prospective tenants is essential to make sure that you don’t end up letting out your property to any person who doesn’t pay his rent on time and causes damage to your property. People who have a steady income and a history of residing at a place for long should be preferred. New projects in Gurgaon are the most highly priced in India at the moment and have all the facilities you would expect an ultra-modern apartment to have. Investing in property here today can give you big returns tomorrow.

Monday 8 April 2013

Condominium Flats in Dwarka Expressway The Most Highly Priced in India

India has witnessed an impressive economic growth, despite the world wide recession over the last couple of years. Millions have been invested in infrastructure development over the last few years in cities like Delhi, Mumbai and Bangalore. At present, the National Capital Region happens to be one of the fastest growing economic hubs of north India. 

The market value of new projects in Gurgaon is the highest not just within NCR but also in comparison to all metros and mini metros of India. So people who are interested in making investments in property, are buying residential properties here. The condominium flats in upcoming areas of Gurgaon have been developed following the latest designs used in developed countries to suit the requirements of India’s emerging super class. 

As compared to other sectors, real estate is less vulnerable to market risks. In order to maximize your returns from apartments in Gurgaon you need to follow a proper business plan. You need to understand whether a long term or short term investment will be beneficial for you. Investing over a long span of time can help you to get a much higher price as compared to the price at which you bought the flat. Procure the funds accordingly within a time span so as to ensure that you don’t end up losing an ample scope to develop in a fast developing property. 
 
Go for apartments which are connected well with commercial establishments, hospitals and schools. In case you have school going children and aged parents who reside with you, this may be a big benefit. Later even if you sell the apartment, you will get a very good price. So you can invest your money on in projects on Dwarka Expressway. Check the existing market value of apartments as well as the current rates of rent charged by property owners in this area. Even if you intend to lease out the apartment instead of selling it, you will get a good sum as rent on a monthly basis. 

Once you are in sole possession of the property, make it a point to make proper sanitation, electricity, water supply and weather coating arrangements. Tenants will always love to stay in a house which is well furnished. Before you lease out your apartment to a tenant, check his or her background well before entering into a written rent agreement. Go only for tenants who have a stable income and stay at one place over a long span of time. The newprojects in Gurgaon have attracted interests of high profile people who have the budget as well as taste for nothing but the best. You should make full use of this opportunity to maximize your returns in the long run.

Wednesday 3 April 2013

Gurgaon- The Best Place For Real Estate Investments in India

Despite the recession in global economy, India has made significant progress as an emerging economy in the last few years. The National Capital Region has emerged as one of the most favored destination for investors, and therefore has witnessed rapid development in infrastructure. At present, the market value of Gurgaon properties is one of the highest as compared to other metros or mini-metros. If you are willing to invest in property in Gurgaon, then you should ideally opt for apartments in fast developing areas like Dwarka Expressway, National Highway 8 and Golf Course Extension Road etc. The prices of properties in these areas is likely to grow by 3-4 times in the next few years. 

Property in Gurgaon
Investing here in the long term may help you get greater returns than you really expect at present. To make sure that you make huge profits from your property in Gurgaon you should follow the guidelines mentioned below:-
  • Check the market values of the apartment you want to buy in an upcoming area of Gurgaon. This will help you to fix your budget. Keep a track of the existing rental rates. This will make sure that once you take possession and lease out the apartment you get rent as per the rates existing in the locality.
  • After that take a decision whether your investment should be long term or short term. Both in their own ways are beneficial. Make it a point to procure the funds necessary for making the investment on time.
  •  Be wise when choosing the location of your apartment. Buyers look for apartments in suitable locations in Gurgaon real estate, and are willing to pay huge sums for them. Your apartment should be close to commercial establishments, hospitals and schools.
  • Once you gain possession of a flat, you should make it well furnished with round the clock electricity availability, sanitation and water facilities. Always remember that a well furnished flat fetches a good sum as rent at the beginning of the month.
  • Check the background of tenants before leasing out the apartment to them. Always make a written rent agreement with the tenant. Tenants with a stable job and income should be preferred as they pay rent on time and do not cause any damage to property.
The market values of properties in Gurgaon are rising with every passing day. Developers like DLF, Tata Housing and Sobha Developers have developed apartments to perfection, keeping in mind the changing pattern of condominium flats around the world. All these housing complexes are equipped with parks, arcades, gyms and swimming pools to help youngsters enjoy their leisure. Once you buy an apartment here you can make profits in millions within a few years.
 
Gurgaon has emerged as one of the fastest growing satellite towns of the National Capital Region (NCR). The prices of properties in Gurgaon is one of the highest in India at the moment. So if you are interested in investing in property, you should buy properties in upcoming areas of Gurgaon.

Monday 1 April 2013

Gurgaon properties attracting investors from all over India



India’s economy has been growing really well despite the global downturn in recent years. The National Capital Region is undergoing a make-over with development works taking place everywhere. At present the market values of properties in Gurgaon are the highest in India. Once you make investments here, you will go all the way laughing to the bank in a couple of years. Residential properties are being developed in upcoming areas like Dwarka Expressway by real estate developers. 

Therefore as an investor, making investments on a property in a right location is your priority. Make a note of how close your apartment is from shopping malls, schools as well as hospitals. Buyers look for convenience when it comes to location and are willing to shell out a huge amount for that. Planning out a budget for Gurgaon properties is also an important factor. Investments can be either long term or short term. Both can be profitable in different ways. 

Make up your mind which one you would go for, and invest accordingly. You can look out for foreclosures though they may not be easy to come by. In case you buy a house at a price below the market value, you can renovate it moderately and then put it up for sale and make a good profit. Always remember that if your apartment is well furnished then you can attract a lot of tenants. It should be weather proof, have proper water supply, sanitation and ventilation facilities. 

You don’t need to spend a bomb to make sure that your apartment is equipped with all amenities. Always keep a track of the existing market value and rental rates of Gurgaon real estate. Even if you lease it out to tenants, you can have a steady source of revenue from them on a monthly basis. Always judge a tenant well before leasing out the apartment to him or her. People with a steady source of income, who have a record for staying at a place for long period of time, should be preferred. A written rent agreement is a must in order to avoid legal hassles in the future.

Real estate developers like Ireo Gurgaon have designed these luxury apartments to perfection, keeping in mind the changing preferences of the super class who want to add a touch of luxury to all aspects of their lives. These housing complexes have gyms, swimming pools and parks for children and youngsters for recreational activities. Like DLF Gurgaon, these housing complexes will have round the clock electricity availability and security facilities. To enjoy world class facilities, you can invest here and get high returns within a couple of years.