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Always be specific When one is investing in Gurgaon property for the first time, be specific about what type of properties they want to invest in commercial or residential properties. This is necessary as it helps in narrowing the search and refining the kind of search one will be doing for each of the property type. It also helps to find out the specific realtor dealing in particular type of property that one has chosen.
On the other hand, when comparing it to the Southern Peripheral Road, we have the likes of Unitech, Emaar, IREO, etc dominating this region. 2 to 3 bhk apartments ranging from Rs. 85 lakhs to about Rs. 1.5 crore and it can also go over Rs. 3 crores. This region has the most luxurious living life style as compared to the Northern Peripheral Road.
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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.
One more important point to be noted by the investors is that the property rates in Gurgaon are rising rapidly. It is expected that in the near future, prices will rise by approximately 25%. One who wants to buy property in Gurgaon and wants to multiply the profits should not waste any more time and speed up the process of investment. The investments made at this time will definitely be profitable in the long run.
Budget Hotel rooms are equipped with AC, telephone service, internet connection and hot water facility. This Hotel also has conference Hall to conduct business meeting. Budget Hotel has different types of room. You can choose any type of room based on your requirement and budget. This hotel provides uninterrupted power supply. You can check in online to book the rooms in advance. Delhi Hotels have their own websites that allows you to book the room in advance.
Three star Hotels in Delhi are equipped with all modern facilities. Professional trained candidates are working in three Star Hotels. They give excellent hospitality to the guests. These hotels are located in the center of the city. Therefore, you do not have to travel long distance. If you need any vehicle to go for shopping, they will arrange for you. This city has several shopping malls, historical monuments and places. To visit all these places, you should spend few days in Delhi. Several hotels at Delhi offer accommodation at reasonable price. Most of the people do not want to spend more money for accommodation. Cheap Hotels Delhi provides excellent service at affordable cost.
When comparing both of them, it is seen that the development around Southern Peripheral Road is going at a rapid pace with developers like Unitech, DLF, Vatika, etc building residential houses. This road also connects you to MG Road; NH8 which leads to Delhi and Jaipur. With metro coming to this region in the near future makes it a hot spot in Gurgaon for your home.
The demand for both commercial and residential property has been increasing in Gurgaon as the real estate in India is recovering from the rage of recession. From the past few years, it has been progressing very rapidly, resulting in hike in prices. Gurgaon is the main outsourcing hub in India. The price of residential property in Gurgaon has increased by 30% approximately. The residential sector of Gurgaon real estate has been a bright option for all the individual investors. However to minimize the risk for the first time investors, following points are to be kept in mind:
