|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.|
These days, everyone talks about investing in property projects developing alongside the Yamuna Expressway. However, many of them are actually not aware about what Yamuna Expressway is and why it is considered as one of the favorable location among the potential property buyers and investors.
Yamuna Expressway, also known as the Noida-Greater Noida Expressway, is a 165 km long stretch comprise of 6 lanes that are even expandable to 8 lanes while connecting two major cities in North India i.e. Agra and Delhi via Noida. This expressway plays a vital role in decreasing the travel time between Delhi and Agra to almost 2-3 hours, allowing visitors to easily do up and down in less hours as compared to the earlier day scenario. Apart from this, it is regarded as an ideal spot for investment, residing and employment purposes.
Many renowned developers and builders are having their commercial and residential development projects undertaking successfully throughout the stretch. Some of the big names ruling over this recently developed area include DLF, Jaypee Greens, Orris Greenbay, Logix, ATS, etc. The growing demand of investors, buyers and renters, and the increasing interest of top builders has all together makes Yamuna Expressway one of the popular names in the real estate market of Delhi NCR.
Scroll down to find some of the major reasons behind the booming real estate at the Yamuna Expressway location.
Well connected roads and easy accessibility to major locations are something that adds on to the overall charm of the place. Yamuna Expressway has good connectivity with major social and commercial hubs of Delhi NCR so commuting between the cities is quite easy.
|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.|
All the development taking place along the Yamuna Expressway is yet available at affordable price as compared to the prices of property in the cities located nearby such as Delhi, Faridabad, Noida and Gurgaon. For example, the prices of recently launched project “Solitairian City” by Solitaire Real Infra Pvt. Ltd. is quite unbelievable when compared to the advantages available in the township under the proposed project.
After witnessing the current scenario of rapid real estate development at the Yamuna Expressway, it will be not wrong to say that investing in this place will bring monetary benefits in the coming future. So, many people from across the country as well as the NRIs are going ahead with the investment in the area.
In addition to the above reasons, another thing that brings to the real estate development in the area is the ample of projects that are being introduced. Solitairian City is the one among such. Strategy Solitairian City location is something that drive attraction and interest of lots of buyers. When compare to other residential projects developing nearby, it is found that Solitairian City price is worth spending as it is offering all the modern comforts and amenities expected by the residents in todays advance world.
Lies in the Jaypee Sports City on Yamuna Expressway, this exclusive residential township offers luxurious 1 BHK, 2 BHK and 3 BHK apartments equipped with all modern facilities. It is just opposite to Formula1 picnic stand and surrounded by two of the major expressways i.e. Eastern Expressway and Yamuna Expressway. Spread across 20 acres of land, the project has four blocks and a beautiful garden to maintain the Green belt concept prevailing in the Indian real estate market these days. So, if you are finding hard to choose the best project out of various at Yamuna Expressway, then probably you can think about Solitairian City that is listed among one of the famous project at the expressway.
|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.|