Real Estate Investment In Gurgaon

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.

Investing in real estate in Gurgaon requires a great deal of attention as it is still in its budding stage. Real estate in Gurgaon has seen many ups and downs in the past two decades. The market has been quite sluggish since the past couple of years. In order to revive the real estate market, Haryana Government needs to take lots of important steps such as improvement in the state of basic infrastructure, introduction of affordable housing projects, encourage investors to invest in various sub-sectors like residential, industrial, commercial, retail, core infrastructure and hospitality.

Property consultants in Gurgaon are of the opinion that foreign investment will give a massive boost to the real estate market. For attracting foreign investment, Government will have to raise the infrastructure standards of the city to match the world class standards. Along with the infrastructure other factors that need to be considered are taxation policies, land development and loans & funding policies. Connectivity is also an important factor to lure the investor. Expansion of Rapid Metro to provide connectivity to the entire city will bring good results. This will help the investors in making the investment decision in real estate sector in Gurgaon.

The different sectors of Real Estate which can attract the investors can be categorised into:

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.
  • Information technology
  • Groups/townships housing
  • Leisure/hospitality services
  • Industry and Infrastructure
  • Shopping malls/retail

India has seen tremendous growth in the Information Technology sector which is famous for its state of the art structures. A huge part of the investment goes into building offices for the IT companies. The commercial sector in India is majorly occupied by this sector. According to a report, the IT sector would alone have a requirement of space equal to 50 to 70 million Sq ft. in the near future. The modern lifestyles have given a lot of boost to the leisure and hospitality sector also. Shopping malls can now be found everywhere in the metro cities and other modern cities.

India being the developing nation has witnessed urbanization at a rapid rate in the past couple of decades. This has resulted in the emergence of many new cities and towns in the vicinity of the old metropolitan cities. As per the tenth issue of the 5 year plan, there was a shortage of 22.4 millions of units for dwelling until 2007. According to the FICCI approximately ninety million units for housing should he constructed in the next fifteen years to accommodate the ever expanding population of urban cities. This requires massive investment from both foreign and domestic investors. The approximate total amount that would be invested would be 888 million dollars that would be approximately 60 million dollars annually.

The Real Estate Company in Gurgaon has an important role to play to achieve the targets by assisting the investors and providing support for investing in various infrastructural developments. They can support by doing extensive study on the project feasibility which includes scope and demand of housing, purchasing power of the population, city dynamics in terms of infrastructure, cost price/ sale price and profits related information for launching new projects.

The experts, based on their experience can advise the investors about cities that are most favourable for the investment, keeping in mind the future prospects of that city.

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: December 12, 2017 — 1:39 am
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