Why Gurugram is the Most Preferred Location to Buy Real Estate Properties in India?
Property hunt is never easy. With the internet being bombarded with a lot of options, it makes the life of property hunters somewhat difficult. We look for the perfect place, perfect amenities, cost, locality, facilities, and what not. If you are in Delhi/NCR and looking for a good location to spend the rest of your life then Gurugram is one such location where you can invest your hard earned money on. Gurugram is just adjacent to Delhi and falls under NCR area, has established itself in the truer sense. From being a tiny village to a developing industrial hub, excellent infrastructure, great transportation, superb connectivity, Gurugram has earned its name as the Millennium city in all the good sense. Hard work pays and that’s why people always keep Gurugram as their top location to buy property.
Gurugram is not only the hub for fortune 500 companies but also the home for many international developers. The demand for affordable upcoming projects in Gurgaon is increasing day by day. The real sector in this area is booming, in fact, more builders are showing interest to build both commercials as well as residential properties.
If you are also planning to buy a property here in Gurugram, then you have come to the right place. We will tell you everything that you need to know and should keep in mind before buying a property in Gurgaon.
Perfect Location
Gurugram is a developing city with a lot of MNCs and IT centres. It’s well planned and strategically located near Delhi. There are many domestic as well as international firms here. The airport is not far away and you can reach the IGIA within 20-30 minutes depending on the traffic. Since Gurugram is strategically located, it becomes easier for people across the city and neighbourhood destination to reach here conveniently.
Gurugram is not just the hub of MNCs but the home for many residential properties too. Day by day interest for property buying is growing in this area.
Better Employment Opportunities
Gurugram being the hub of Fortune 500 companies, sees a rush of people every year looking for opportunities. This place never rejects people who are in need and opportunities in here are available in abundance too. Plus, there are many national as well as international companies too who are looking to set up their branches here in Gurugram, which means more opportunity.
Superb Connectivity
Gurgaon is easily approachable from Delhi, Faridabad, and Noida as well. Metro railway connectivity is also there and it is well connected to Delhi. Plus the addition of Rapid metro has made the lives of the commuters even easier. Those who travel frequently also faces no challenges at all in reaching Gurugram because of its close proximity to the International airport.
Availability of Residential Space
Soon after the establishment of Big 4 and Fortune 500 companies, Gurugram was overwhelmed by a lot of residential demand in this area which resulted in the construction of many affordable and luxurious residential properties. In fact, people who are staying in Delhi are now moving to Gurugram to spend the rest of their lives, mainly because they want to shift to a place which is close to their office. There are so many big developers who have constructed world-class residential properties for people, some of them are DLF, Godrej, Tata Housing, Unitech, Raheja Developers, and more.
Amenities
Gurgaon itself is a mini-state with lots of MNCs, hospitals, schools, shopping complexes, malls, and more. This is one place which never fails to fulfil the needs of people.
Important things to consider before buying property in Gurugram
1. Keep Your Emotions Away
Usually, people tend to get emotional while buying a property. Well, there’s nothing wrong with it, especially when you will be spending the rest of your life there. But, when it comes to investing in a property, you should pay more attention to logical thinking than the emotional factor. You will be spending money, after all. Hence, take it as a purely business transaction. Think about the money that you can spend and proceed accordingly.
2. Research is Important
If it is you are buying a real estate property for the first time then you should put extra emphasis on research. Think about the kind of locality you want to live in. The amenities, facilities like gym, parking space, playground for kids, jogging track, environment, and more, think about the infrastructure, how close it is to the airport, is there any shopping complexes nearby, malls, how close it is to your office, and things like that. You should choose a property which will cover all these factors.
3. Arrange Down-Payment
Next step that you should take after adequate research is arranging for the down-payment. Down-payment is a must no matter which property you decide to buy or where to buy. Usually, developers will ask for 20% down-payment, hence, make your choices based on everything.
4. Keep Track of Every Property That You Visit
It is important to make a note of every point which is necessary when you start visiting properties. Our advice is to take a pen and a notebook with you. Write down the things that you think are good and also the drawbacks. You can mention everything, from the look of the apartment, to whether the apartment or the flat has geezer or not, how big are the rooms, how is the bathroom, whether it is close to your office, anything about the developer, the number of projects they have successfully completed, possession time, brokerage fees, amenities, and all. Every point is important. After visiting all the properties that you wanted to, sit down and evaluate those points and decide carefully. Also, make sure to consider the cost of each property too. You can visit PlanMyProperty site in India as well to go through the list of properties available in Gurugram, this will give you a clearer picture about them.
Conclusion
To conclude we think Gurugram is definitely one of the best cities to buy a property. Think about your future and keep your family under consideration too. Plan with them, you will need a good locality which is safe to live in and an area which has good schools and colleges. Plus, you will have to work, hence buy a home near to your office. Gurugram is an attractive city especially because of the kind of features it has to offer to a buyer.
