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Category Archives: Projects in Gurgaon

Dream Home: Is Investing In An Apartment A Good Idea?

Settling on the life choice as to where you rest your head each night and carry on with your life amid the day can be an overwhelming assignment most definitely. A last finish of this extent requires clear thought and succinct assessment.

To help with this choice Apartment living is the thing that I would suggest. Especially when we talk about commercial hubs or where we have a lot of working class people, apartment seems to be the better option. The scale at which the residential property in Gurgaon has scaled up is amazing. The city is now densely populated and the value of property in Gurgaon has also gone up due to the economic value of the city. Now there are apartments in Gurgaon to suite the needs of different sections of people (Budget apartments, luxury apartments, duplex).

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There are many advantages of apartments Living:

1. Pleasantries

Dissimilar to houses, flat buildings are for the most part worked with particular luxuries, for example, pools, rec centers, comfort stores and clothing places either on the premises or within proximate distance. In spite of the fact that you could simply have these components incorporated with your home, the budgetary commitment is not as remunerating. Condo living can end up being an exceptionally advantageous living course of action.

2. Support

No support abilities required, As living in a flat does not oblige you to have any upkeep aptitudes in light of the fact that a group of support experts repairs everything for you.

3. Wellbeing

In spite of the fact that mortgage holders regularly put resources into some type of home security framework or another, loft buildings likewise put resources into the general wellbeing of its occupants. The nearness of neighbors (as opposed to being the one and only in a house at any given minute) and normal condo complex wellbeing measures demonstrate that multi-unit homes are the most secure areas for single ladies, kids, families and the elderly.

4. Group

Other incredible advantages of condo living are the social ramifications of the nearness and associations one creates amid their residency. In spite of the fact that a feeling of group exists in both country and rural zones, the nearness of condo life improves the likelihood of making long lasting associations.

apartment-in-Gurgaon

5. Openness

A best aspect regarding a condo complex is the nearness of anything you require. Strip mall areas are ordinarily picked by the general demographic of a group. The more prominent the possibility for conceivable benefactors, the bigger the requirement for the mall. This little goody of data is helpful. Regardless of what you require, there is a strip mall close-by to suit you.

6. Stopping

Contingent upon the perplexing you pick, you may have a wide range of stopping choices, which permits you to choose the one that suits your spending best. Most flats permit you to buy a secured parking spot and Some have open auto stopping.

Living in apartment offers some magnificent advantages and is unquestionably a way of life worth considering.

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Demand and Supply of Affordable Housing and Plots in Gurgaon

Gurgaon, a city with little history but marvelous growth in present market condition is expected to come in competition with countries like Dubai in future. Within a few years it has become an economic centre of the nation. With more than 250 organizations, around 500 BOP’S / KPO’S and over 2 lakh executives working in the city, plots in Gurgaon are becoming a high priority among those who want to purchase a residential apartment. Demand of commercial spaces is directly proportional to the investment of residential apartments.

plots-in-gurgaon

Emerging of various start-ups is also one of the reasons of increase in demand of purchase of plots in Gurgaon. Another factor to be taken into account is the introduction of Real Estate Infrastructure Fund (RFIF). The proposed move will eventually help in unlocking funds from completed projects in real estate. Funds will be raised through the sale of units.

flats-in-gurgaon

City which was initially known for luxury and premium properties has also included affordable housing into account. The present market scenario in real estate in link with affordable housing in Gurgaon is such that demand for affordable residential apartments is more while the supply is far less. This is also another key factor why real estate developers are focusing more on affordable plots. The interest shown by various people in this segment is likely to facilitate timely delivery of projects.7th pay commission approval by the cabinet is another key factor which will help real estate sector in seeing a boost.

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Future Scope of Residential Apartments in Gurgaon

Residential apartments in Gurgaon will be seeing more demand in coming days as collector (circle) rates of immovable property have gotten reduced by 15% as mentioned by Haryana government on 27 June, 2016. The collector rates have been reduced keeping in mind the following factors:

  • Rates for registration of property
  • Market rate
  • Rates of plots fixed by private builders in the district

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One more reason of increase in its popularity is green commercial buildings. People are now understanding with more clarity about the significance in ‘green’ growth in residential segment. Green buildings also address the major concern area of waste disposal.

Various incentives provided in green commercial building include:

  • Higher FAR
  • Property tax incentives

Green buildings are better solution in near future, since designing and building real estate which results in much lower emissions is in almost every developer’s mind today. The popularity and demand of penthouses in Gurgaon is increasing rapidly because major population in Gurgaon comes under financially well groomed sector. Another reason for its growth is a symbol of wealth and modernity. The locations of penthouses are majorly located in such areas where the connection to important places is easily approachable and the basic as well as desired amenities are provided too.

penthouses-in-gurgaon

With more NRI’s, foreigners and people with deep pockets moving into metropolitan cities like Gurgaon, the penthouse availability has also gone up due to these reasons. Common key factors that distinguish a regular residential property with penthouse are:

  1. More land space (Sq. ft.)
  2. Desired amenities (Swimming Pool, Gym etc.)
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Commercial Property – The Best Thing To Invest In

Indian real estate sector is expected to witness a record increase in sales because the initiatives taken by the Government may give a push to the sector and reinstate investors’ confidence. Real estate experts believe that the government’s promotion of:

– 100 Smart Cities
– AMRUT (Atal Mission for Rejuvenation and Urban Transformation)
– Housing for All by 2022
– Infrastructure development

are among few of the steps that would benefit the economy.

Private equity investors are now buying stakes in distressed/stalled projects in partnership with big real estate developers. Unlike in residential projects, they are generally bigger developers who build, rent and maintain commercial projects, as they require long-term commitments. Commercial property serves as a lucrative investment option with investors gaining from rental income as well as capital appreciation. Commercial property in Gurgaon is in almost every investor’s mind, as the city is in news for all the right reasons and at right time.

flats-in-gurgaon

Recently there has been a sharp increase in the demand of commercial office space in Gurgaon. Furnished office spaces in corporate buildings have helped Gurgaon in becoming the commercial hub of India. Market researchers and Industry analysts have calculated that the demand of Gurgaon properties is likely to increase in future and the reason being that investors are aware about the profit they will be making in near future.

One of the vital reasons as to why experts suggest customers to investment in office space is because India is among the topmost developing countries in the world and more top-notch MNCs are planning to open their office here in order to expand their business.

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Influence of GST on Real Estate

Real estate sector is deeply inter-linked with GST (Goods and Service Tax). GST has the power to increase transparency in its functionality and even reduce the cost of ownership of homes and buyers.

GST, which has been one of the longest awaited tax reforms, got unanimous approval from both houses of parliament this monsoon session. Opting for residential projects in Gurgaon has also seen an increment, as individuals will have to pay additional VAT (Value Added Tax) if they purchase a project which is still under-construction.

flats-at-gurgaon

The demand of residential projects is likely to get increased as recently, Haryana Government has approved proposals which will affect pricing of residential apartments.

The Haryana government has approved the two-pronged proposals:

  • Increase in the floor area ratio (FAR) in the range of 0.35 to 0.80.
  • Allow plot owners to build more space for housing units in Gurgaon by increasing ground coverage.

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These proposals will definitely help in enhancing the demand of residential projects in Gurgaon and fully furnished flats in Gurgaon as well.

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Reasonable and Ideal Luxury Apartments in Delhi / NCR

Purchasing of ready to move in apartments in Gurgaon, is booming because of strong and steadily growing economy of India. Advantage of buying a ready to move in apartment is the elimination of risks associated with project execution. It’s best for people who are currently living on a rented premise.

builders in Gurgaon

Another factor which is seen as a huge benefits:

  • Security
  • Electricity Backup
  • Shopping Complexes
  • Nursing Homes
  • Creche
  • 24*7 water supply

 

Purchasing a home, getting it completed as per your requirement and moving, is an exhaustive process which involves

  1. Property inspection
  2. Locality research
  3. Research for best interiors
  4. Flat finishing etc.

real estate gurgaon

Availability of affordable homes in many parts of Delhi/NCR is one of the various drivers of the recent shift from paying rentals to paying equated monthly installments (EMI’s).Real estate developers in Delhi/NCR have taken the benefit by comparing different regions across India and used the variables in their favor. Following factors include:

  • Connectivity
  • Amenities
  • Higher price rates in other regions

 

Real estate developers now are emphasing more on reliability than popularity as buyers want transparent and trustworthy service in the present day.

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Dwarka Expressway – A Road to Luxurious Living

Dwarka Expressway is progressing well when it comes to the real estate market. It is one of the widest expressway projects that connects NH8 to Dwarka. It was designed to ease the traffic rush on the Delhi-Gurgaon Expressway. It is in close proximity to Delhi and IGI Airport. All the best builders of the country have either have their projects in this area or their projects are under construction. There are particular sectors for residential and commercial projects.

Raheja Developers

With the scope of price appreciation, in the coming years the value of these properties will increase significantly. Dwarka Expressway is an excellent location for people who wish to invest. Some of the top names in education and health have taken up sites for schools and hospitals in this area. Development is taking place at an impressive speed. It is the most affordable offering the best investment opportunity at this time.

flats in Gurgaon

If we look for the properties that have come up near expressway, Raheja Developers has 2 projects in sector 108 and 109, Raheja Vedanta and Raheja Atharva respectively. These are 3-4 BHK ready to move luxurious apartments. These flats in Gurgaon are surrounded by aroma of nature with all the amenities in the affordable budget. With well-planned roads and easy connectivity, Raheja Developers has created an address to experience the modern lifestyle with thoughtful features.

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Gurgaon: A Place with Accessible Homes

Since last few years, if we talk about growth in terms of realty in Haryana, Gurgaon is the only town which has been showing amazing progress in the sector. Development is the key which has rapidly changed the whole scenario of the city. One of the key sectors which are rapidly sowing seeds in the city, is the real estate; and as a further boon and respite for buyers, Gurgaon is now seeing various affordable housing projects in Gurgaon.

affordable housing projects

Getting a home as per desire, is not easy at all but Raheja Developers are the ones who endeavour to understand the pulse of the patrons ; In sync, they had launched 1 & 2 BHK flats in Gurgaon with all amenities, enough to bring a satisfactory smile on the face of the buyers. This only demonstrates the incline and approach of the developer as a customer-centric brand.

raheja

Northern state of India like Delhi NCR, which includes Haryana, is the major attraction for developers in terms of real estate, as it is having a boom for its present acquired land and courtesy a sustaining demand. Every major sector, like IT, Finance & Banking, aviation, automobile, and business houses, wants to have a corporate office for itself in Gurgaon; and if the industries are getting to the places like Gurgaon, the area for residence will also be required as people needs to live in proximity to the city. A city like Gurgaon is the best example for the citizens looking for ready-to-move in flats with best of amenities and support services around because in today’s world, every person wants to have all the luxury in their budget minus any compromise.

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How to Determine a Reputed Real Estate Developer in Gurgaon

When you decide to buy your own house, you check your preferences; there are lots of sources from where you can take opinions. There is a whole world of third party agents, builders, brokers and your own reliable sources who are available to guide you thoroughly.  But, this is only the first step to go forward in the real estate sector. The moment you know about a developer and its developments, the first and foremost thing that comes in your mind is to check if the developer is reliable enough to invest a huge amount of money.

Real estate sector in Gurgaon has always been a goodwill driven sector. Investors invest in the sector because of the goodwill of the developer. It is always suggested to invest in the reputed real estate developer who works for the betterment because they believe in long run in the industry and as a matter of fact, they cannot do any compromise with the quality and deliverance of their projects.

residential property in gurgaon

Let’s discuss some of the decision making factors which lead to buying a house in a particular project.

Invest in the Leading Real Estate Developer

The first and foremost name which appears as the leading real estate developers in Gurgaon is Raheja Developers. In the past few years, real estate developers have emerged out to be triumphant in the property sector by satisfying and convincing buyers to buy more properties. There are certain factors through which leading developers have gained trust and some of the factors are as follows.

The Invincible Trust

There are certain examples of best real estate developments in Gurgaon which have raised the bar of expectations among the buyers. As a matter of fact, the real estate sector of Gurgaon is considered as the prime sector in comparison to Delhi and Noida because of the construction quality and deliverance.

Easy Finance Facility

There are several centralized banks that are providing finance facility to the various developers. You can determine the goodwill of the developer with the affiliation from the centralized banks. Generally, centralized banks incur services to those developers who have a good stand in the sector and who are working in the best way possible. By investing in the reputed projects, you can get the benefit of easy home loans from the centralized banks.

Guaranteed High ROI

Everyone waits for the day, when they will shift into their newly constructed home. Receiving the keys and moving into your new home is one of the best feelings in the world which is irreplaceable. But, the return on investment is the factor which determines the valuation of the home for future. The benefit of investing in the reputed property is that you will get the best return on investment even after years of your purchase.

residential projects in gurgaon

Transparency

Project details, sanctioned plans, approvals, area charts and other details should be available for customers on website of the projects so that buyers and investors can read project information and details carefully before they make their decision, The reason why buyers and investors invest in residential property in Gurgaon because of the trust factor which can only be gained after various successful projects by developers.

Goodwill

Goodwill is the prime factor which influences a buyer to buy property. As all of us know that real estate sector is dependent on word of mouth publicity. Hoarding and advertisements acts as a catalyst in sales but the main reason, why people buy property from a particular developer is the Goodwill and word of mouth publicity. Most of the time it happens that buyers and investors review the property from the existing clients of the developer and when they get the proper feedback of the developer from them, they invest their money in the projects of the developer.

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Raheja Developers: Working For the Betterment of Buyers and Investors

As we all know that, Delhi has become crowded because of the aggressive real estate developments and there is hardly any scope for further development in Capital. There are certain projects which are available in Delhi, but they are not easily affordable. When it comes to the Housing Schemes of DDA, we are aware that it is totally dependent upon the luck factor and we cannot rely on the luck factor to buy our dream home. The best thing to do in this situation is to look for residential property in nearby areas of Delhi.

How will that help? First, neighbouring areas are being developed even better than the national capital,especially in terms of Real Estate because they are rapidly developing and they have a scope of future expansion.

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Second, these areas are really close to Delhi so the time taken to commute would be less. So, the people who have to travel to Delhi on daily basis, they have multi-lane boulevard highways which are in close proximity towards Delhi from Gurgaon.

Third, these areas are full of greenery as compared to Delhi thus giving you nature’s touch along with the standard of living.

There are many Real Estate projects which have come up in neighbouring areas of Delhi, but there is one which has been the cynosure of Real Estate projects. It is the Vedaanta Project developed by Raheja Developers. This project is located close to one of the widest expressway of India i.e. Dwarka Expressway which is well connected towards Delhi from Gurgaon.

This is one of the best projects by Raheja Developers which describes luxury and affordable units. From the past so many years, Raheja developers is setting a benchmark of developing projects for every section of buyers. Be it studio apartments, luxury apartments or any kind of commercial or residential projects, Raheja Developers has delivered happiness through their projects. The CMD of Raheja Developers, Mr Navin Raheja works on the strict principle of quality assurance and timely deliverance which makes Raheja Developers a pioneer in the real estate sector.

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Vedaanta Project is the first project that Raheja Developers have delivered near Dwarka expressway. This project is located mid-way between Delhi and Gurgaon thus making it convenient to people who work in both cities. The Vedaanta Project is also well connected to IGI airport which makes it more convenient to travel across different part of the country. The Vedaanta Project has been completed and investors have started taking possession of the property. If you are looking for a ready to move in flat near Dwarka expressway then you need to check out the residential units at Vedaanta which is an epitome of luxury with affordability.

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