Monthly Archives: August 2014

Why Real Estate Property In Gurgaon?

Posted on August 30, 2014 by

Gurgaon is one of the cities with the best infrastructure and property options. There are several reasons which explain why the city has managed to score above other cities. One of the many reasons includes the presence of several real estate companies. Over the past few years, the city has established itself as a prime location for various big and small national and multinational companies. The city has several builders investing in real estate property. Gurgaon is not only known for residential projects, but also commercial office spaces. Buying an office space is not the only option available; you can also opt for commercial property for rent.

gurgaon city

There are several reasons why having a commercial office space for rent in Gurgaon is beneficial. One of them is the location which needs to be easy to get for both employees and clients. Moreover, if your office is in a reputed area, it adds up to a status. Another important factor is safe neighbourhoods in order to make the office space accessible for your staffs even in the late hours. Gurgaon is also well connected through metro, monorail, buses and auto, along with domestic and international airports in the vicinity.

The city also has well managed office spaces in Sector 83. Gurgaon offices have proper 24X7 CCTV and a security guard at all its office buildings. These office buildings are earthquake resistant and have fire safety alarms. The layout of office spaces, here, is properly managed in order to provide adequate working space and provide spacious cubicles. These offices also have a separate meeting, conference and training rooms.

Additionally, the buildings of offices in Gurgaon are constructed with all the added benefits, which include adequate parking spaces in order to make the parking convenient for employees and visitors. In the proximity, there are national and international banks, ATMs, hospitals and medical centres for the emergency.

Besides commercial spaces, Gurgaon also boosts residential properties with utmost facilities. Gurgaon has some of the best schools, colleges and shopping malls for the residents. The city is complete in itself with all the basic and modern amenities.

Growing Demand For Residential Apartments In Gurgaon

Posted on August 26, 2014 by

Gurgaon, adjoining the capital city of India, has become a hub for commercial and residential properties. Now-a-days, people are shifting to this millennium city due to various reasons, which include their offices in the city, better schools for children and better lifestyle. Moreover, builders are in the making of various upcoming residential projects in Gurgaon. These residential projects include residential apartments in Gurgaon, floor houses, villas, bungalows and independent houses.

The residential properties in Gurgaon are in demand due to the availability of flats as per the needs and requirements of the residents. Gurgaon has flats ranging from 2-Bhk to 5-Bhks with all the basic and modern needs installed. These flats have adequate space with proper ventilation through windows and balconies. Windows have extra space to fit the AC. Moreover, there is a separate space for installation for refrigerator and television. Modular kitchen space also makes it perfect for the resident.

residential-apartment-in-gurgaon

Apart from the Gurgaon residential projects, real estate companies are also focusing on commercial, education and shopping malls. Today, there are various malls and shopping complexes for the convenience of the people living here. Also, many MNCs like Nokia, Google, IBM and more have started operating from the city.

The city has close connectivity with near-by cities and people can easily use their personal vehicle as well as public transports like metro, auto and buses for commuting. Also, domestic and international airports are in the proximity which makes easy for the frequent flyers to travel without any jams to the airports.

As there are various real estate companies coming up with residential projects in Guragon, choosing the perfect one is very important. Below are the most important guidelines.

1. Decide your need and budget accordingly as Gurgaon has all types of houses. Therefore it is very essential to assess your requirement before investing in the property.
2. Choose a reliable real estate agent after going through a proper research and contacting other clients and getting the feedbacks.
3. Once you have chosen the real estate firm, go for complete research of the area. Meet the existing residents to check the legal status as well as the provision of basic facilities like security, water and electricity supply.

 

Ready To Move Flats: Latest Flat in Gurgaon

Posted on August 24, 2014 by

Gurgaon – the rapidly growing city of the country – offers flats, independent houses, bungalows and many more options for the residents. However, have you ever wondered why these days’ people prefer ready to move flats in Gurgaon over under construction flats?

Why ready to move in flats?
Under construction might get stopped in between due to land issues or any other legal problem as before building an apartment builder needs approval certificate, along with 19 other clear chit, which includes water supply, Pollution Control Board, and more; however, there is no legal hustle bustle of buying ready to move in flats as it has crossed all these levels before construction. Also, before shifting you can check legal titles and assure with the status.

Ready to move flats in Gurgaon

When you choose a ready to move in flat, you already to know about maintenance charges, but when you book a flat in under construction building, you barely know about such charges. The maintenance charges continue for lifelong, therefore it is always important to know about it prior booking. In terms of maintenance charges, clarity is very important. So, you can check about the same with the members as well.

You only book an under construction flat after seeing the plan on paper or maximum on computer and might be after construction flat not look same, however ready to move in Gurgaon flats can be bought after looking to the flat physically. Moreover, you will not get any future shock in terms of the look and construction of flat.

Under construction flats might get delayed due to the legal or any other problem, but you can easily and quickly shift in ready to move in flats. Consequently, you need not to wait for the flat and can shift immediately.

Also, most of the under construction flats are built in underdeveloped or developing areas, this might bring many compromises, including commuting, schools for kids and basic amenities. You check these facilities conveniently in ready to move in flats. Also, you can ensure the security of these flats before shifting.

If you are planning to book one soon, there are many ready to move in 3BHK flats in Gurgaon, which have all the facilities and amenities installed beforehand. Moreover, Gurgaon flats range from 2BHK to 4BHK and low-rise to high-rise.

Growing Demand for Floors in Gurgaon’s Real Estate Sector

Posted on August 21, 2014 by

In the past few years, Gurgaon’s real estate market has seen an upsurge in the demand for floors in residential properties. It is a trend for people to opt for independent floors in high-rise or low-rise residential towers in Gurgaon. Though traditionally people did not opt for upper floors when they purchased apartment flats and so usually the prices of upper floor flats were low. Slowly, there has been a change in the mindsets of the people and they are willing to invest on higher floors.

In recent times, it is seen that land availability in the metro areas is decreasing while the number of people or occupants is growing and hence there is the need for more houses. This has induced the developers to come up with high rises. There is a large section of people who are demanding simply independent floors, so that they can build their houses as per their requirements and style.Independent floors

Low-rise and high-rise independent floors are in great demand in Gurgaon’s residential houses. Developers are offering floors in Gurgaon with 24 hour power backup and other basic amenities. More and more such housing projects in NCR are being developed. The reason being that, majority find villas and luxury homes in Gurgaon very expensive. Independent houses are also not affordable because of high land value. However, Gurgaon has witnessed an increase in the number of industrialists, businessmen, corporate executives, professionals and NRI buyers, who are not exactly in the highly rich income group segment but are quite well-off to lead a luxurious lifestyle. It is for this group of people that builders in Gurgaon are coming up with independent floors.

The main advantage is that you have a whole floor to yourself, unlike an apartment floor which includes 3-4 flats in a single floor. You have your own space and privacy but at the same time enjoy community living as well. And you get a chance to design your own home in the independent floor of yours. These are not as expensive as villas. These floors are wide and spacious. The owner can use the floor to build a luxury home as per his budget.

Legal Documents Required Before Purchasing a Residential Plot in Gurgaon

Posted on August 17, 2014 by

Are you planning to buy residential plot as an investment without compromising on budget and connectivity? If yes, then Gurgaon is the best option. Within the heart of the city, you come across a good number of residential properties comprising of apartment flats, villas, condos, independent floors and houses. However, in recent years, there has been a trend of people opting for residential plots in Gurgaon and NCR. Residential plots have been increasingly demanded by IT professionals, businessmen, corporate executives, not for staying but as an investment purpose as the land value never depreciates. Gurgaon’s new residential projects by real estate developers are concentrating more on offering residential plots nowadays. There is great availability of plots for sale in Sector 82, 83, 105, Gurgaon Dwarka expressway etc.

Legal documents from the seller

  • The Deed Title: The deed title should be in the name of the seller and he should have the right to sell it. Get the original copy.
  • Encumbrance Certificate: You get this at the sub-registrar’s office. This is the same office where the title deed is registered. This certificate declares that the land has no legal issues.
  • Property Tax Receipts and Bills: All payments prior to your purchase should be done by the owner and he should hand over the original bills and receipts.
  • Release Certificate by Bank: Also, the bank should hand the release certificate to ensure the new owner that loans on the residential plots in Gurgaon have been repaid fully and there are no dues left.

Legal documents required by the purchaser

  • The Title Deed: The new title deed after the original seller transfers the paper in the name of the new buyer.
  • Stamp duty receipt payment: Now, the purchaser can get the residential land registered in the sub-registrar’s office with duly paid stamp duty receipt.
  • House Plan Approval/ Commencement Certificate: If the new owner wants to build a house in the plot or modify the existing one, he should take prior permission from the Municipality Corporation. The layout should be approved by the City Development Corporation and the local body. The new owner should get the commencement certificate by the Municipal Corporation to start any construction.
  • The purchaser should also receive a NOC from water, electricity, lift and other authorities etc.

Usually, it is the builder or the real estate developer who takes care of all these and the purchaser simply has to sign the sale agreement papers. Hence it is always advisable to purchase residential plots from a reputed developer or builder.

Why Choose Commercial Property for Rent in Gurgaon?

Posted on August 13, 2014 by

Getting a commercial property for rent in a city like Gurgaon will definitely reduce the operation cost of the business. Especially if you are a start-up or have a small scale company, renting an office space in Delhi NCR is beneficial. Gurgaon is speedily emerging as the residential as well as commercial nucleus for professionals working there, along with gaining popularity owing to its proximity to the national capital. Today, many start-ups are investing in the city in order to gain high popularity. The immediacy with the domestic and international airport is one of the advantages, which makes the city a preferred location for most industrialists and foreign investors.

Commercial property in Gurgaon

The advent of several large scale industries and multinational companies are welcoming people from different corners to work or invest with them. Commercial office space for rent in the city boasts international architecture, modern amenities and technologically advanced features. Not only commercial property, but the real estate agents also build shopping malls, villas, apartments and more, keeping innovative use of spaces in mind. Also, the city has loads of options for commercial property, it is very important to keep few points in mind while choosing the correct one:

  • Find prominent and trusted builders who have created a niche and has some big projects on its name.
  • Check different commercial properties already built in the city, along with the type of designs used.
  • Moreover, in this modern world, it is very essential to have a building with the latest infrastructure, ample space, neat and clean atmosphere, security systems installed and more.
  • Confirm about the material used for the building. Ensure the material is environment friendly.
  • Next is the location. It is very important to select the property location wisely. Also, it is recommended that location should be close to metro, airport, important facilities like bank, ATM and more.
  • Check the price of the property. Make a budget and ensure that your commercial property is available within your budget.

Therefore, while choosing the commercial property for your business, keep these points in mind and only go to a reputed builder involved in commercial real estate, Gurgaon.

Real Estate in Gurgaon Offers Retail Spaces for Sale

Posted on August 11, 2014 by

Due to the advent of real estate developers in Gurgaon, commercial space in the city has experienced the taste of success quite fast. Today, most of the malls and retail outlets are superbly designed and are equipped with latest technologies. From the country’s largest mall to the retail properties, real estate in Gurgaon, India is booming at a rapid pace. BPO, IT companies, hospitality industry, automobile industry and even pharmaceutical industries are acquiring space in the city. Owing the big and small companies, today Gurgaon has become one of the most renowned commercial hubs.

retail spaces in Gurgaon

In order to reflect the nature of product and company, the retail space is very well maintained. If you are planning to buy or avail retail space for lease, it is very essential to keep the designing beforehand. Also, before finalising the space check the interior and location.

Retail commercial property in Gurgaon is constructed keeping factors like contemporary architecture, perfect planning and use of world-class material in mind. Moreover, these retail spaces for sale are constructed with only environmental friendly and harmless material. These spaces are constructed with ingenious designs, along with intelligent use of spaces and modern architecture. The spaces have separate rooms for meetings, conferences, trainings and also lunch. While choosing a retail space, make sure all the basic amenities like effective communication system, proper internet and mobile signal and uninterrupted Wi-Fi, power and water connections are available.

If you are not willing to buy the space, you can take the office space on lease. The office spaces available are quite reasonable with all the facilities available. The state-of-the-art communication system, banks and ATMs, restaurants and all necessary facilities are available near to all these offices. Moreover, these commercial properties are surrounded with lush green landscapes and have a proper transport mode available. In close proximity, you will get airport, national highways connected to major city, trucks, buses and autos for commuting of goods. For the employees and clients, there is an adequate parking space and safety in order to protect them even in wee hours.

Consequently, Gurgaon has become one of the highly preferred commercial hubs for the start-ups as well as established companies.

The Metro: Another Reason to Invest in Property in Jaipur

Posted on August 7, 2014 by

Easy mode of transport and communication is one of the main factors to consider when you decide to purchase a property. Jaipur has become one of the prime destinations for property investment recently due to various reasons. It is the fastest developing city in the country, it has a lovely landscape with good roads, it is clean and unpolluted, a capital city, a hub for hotels and resorts, a centre for business and so on. However, there is another reason for its growing popularity in property investment. This is because of the Metro.

Real estate developers feel that Jaipur is going to change with the advent of the metro. The Metro network project has been announced and it will be connecting several parts of the city. The trial run was conducted in 2013. By 2017, the Metro will be functional for the general public. With the announcement of the project itself, there was a rise in the demand for Jaipur Residential Properties. No doubt, after the completion, the property prices will rise more. So now is the best time to Buy Property in Jaipur.

Buy Residential Property in JaipurThe phase 1 of metro will be connecting some of the most well developed areas in Jaipur like Mansarovar, Vivek Vihar, Shyam Nagar, New Aatish Market, Civil Lines, Railway Station, Ram Nagar, Sindhi Camp. These areas are considered to be very expensive locations. Most middle class people cannot afford to buy Houses in Jaipur in these locations. But, the Metro will also be functional in other areas in the outskirts and suburban of Jaipur. These areas which were initially not accessible, will receive its connectivity to the main city via the Metro. So homes in Jaipur in the outskirts are a good option for investment now. The property rates in these areas are quite low presently.

Once the Metro becomes functional, it will be a great help for the commuters and their travelling time will considerably reduce. No doubt, the property rates in Jaipur is considerable cheaper now. More and more real estate developers like as Vatika Group are coming up with new projects in this city. The Metro network in the coming three years will definitely make Jaipur have an edge over the expensive Delhi NCR market when it comes to investment in real estate sector. So if you want to invest, this is the right time.

Why to Invest in Property in Jaipur-Ajmer Highway?

Posted on August 3, 2014 by

Jaipur has become one of the most popular investment hubs of the country after Gurgaon, Noida and other metro cities. One of the fastest growing areas of this city is the Jaipur Ajmer Highway, for which the demand for property is increasing in Jaipur. This highway stretch connecting Delhi, Jaipur, and Ajmer has become a hot spot for real estate.

Property Investment in Jaipur

Reasons to Invest in Jaipur Highway

  • One of the main reasons for its growing popularity is that the areas near the highway offer easy connectivity and accessibility. The highway area, though slightly in the outskirts of the main city, has been witnessing hectic development activities all the year round. The highway is strategically located close to some of the posh locations of Jaipur like as Chitrakoot, Vaishali Nagar, and Panchsheel.
  • The locations near the highway are also the target spots for proper development. Prominent real estate developers have announced a number of projects in the Jaipur-Ajmer Highway. If you want to purchase an apartment in Jaipur Highway or an independent house in Jaipur, this is the right time as the property rates are reasonably low as of now.
  • Jaipur is strategically located near to Gurgaon, Delhi and Ajmer. This is the main drive of people to invest in real estate.
  • The Jaipur-Ajmer expressway has led to the emergence of Peripheral Business Districts (PBD), which is gaining wide acceptance among investors, buyers, and end-users recently.
  • This is a six-lane highway.
  • A lot of IT/ITeS companies are setting up their offices in the nearby neighbourhood of the highway, like as Wipro, Infosys, Genpact etc.
  • The announcement of the Special Economic Zone (SEZ) projects by Infotech and Mahindra World City is another feather in the cap for the highway area.
  • Many new commercial projects are in the pipeline in the expressway.

Property values in Jaipur will escalate very soon. Prices of apartments in Jaipur will soon touch the peak. According to a report, the Jaipur-Ajmer highway express way is seeing growth in the demand for new residential projects by 25% in the past 6 months and prices have rose by 12-15% during the same period. A large number of real estate developers like as Vatika Group and others are offering premier flats, apartments and residential plots in Jaipur Ajmer Highway.