Affordable New Residential Projects Near Manesar

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

The Millennium city Gurgaon has become the hub for developers as it promises great returns on real estate investment. With many people flocking to the city in search of business opportunities, there is a huge demand for residential properties. Property rates are hiking day by day and the dream of having a house of your own in a Metropolitan region has become a task next to impossible. HUDA Affordable Housing Scheme, 2013, has provided a ray of hope to all first-time home buyers in Delhi NCR who look forward to have a dream house of their own in this happening city. With many new residential projects mushrooming the city, Manesar has emerged as the hub of new housing projects in Gurgaon.

Even major hospitality brands such as Ramada Gurgaon Central have joined hands with Huda housing scheme to give birth to magnificent residential projects in the area. Ramada affordable housing project aims at providing luxurious 1/2/3 BHK apartments to people in the vicinity of nature. You can get a 1BHK by just paying 12 lakh rupees. The affordable price of the new residential projects near Manesar does not in any way affects the magnificence offered by the housing properties. Here is a list of top luxury amenities provided by the residential projects:

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.
  • Massive green area encompassing kids' parks, jogging tracks, backyards and gardens to bring you closer to nature and greenery.
  • High-class security system consisting of guards, CCTVs, fire alarms and register entries.
  • Elevators to provide you ease in reaching your apartments.
  • Social clubs and community centres to help you develop a healthy relationship with your neighbours.
  • Gym and sports complexes to let you follow a daily fitness routine.
  • Shopping centres are even provided within the residential society itself so that you do not have to trouble yourself for buying groceries, spices, fruits and other useful items of daily use.
  • Easy connectivity to the proposed Metro station and airport.

Working people who have to travel between Gurgaon and Delhi on a regular basis will be greatly benefitted by buying residential projects near Manesar since they can conveniently commute between the two states without any hassle.

Otherwise, if you are not interested in dwelling in the place, then the residential projects also offer a good investment opportunity for people who want to invest their money in a fruitful venture. New residential projects in Gurgaon promise great returns on rental properties in future.

Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: May 10, 2018 — 4:30 am
Property Investment Buy & Sell Guide © 2017 Frontier Theme