One can say that finally, Gurgaon is ready to come out of the shadows of the uber luxuriousness of its neighbour, New Delhi. Giving a run for their money, the cost of commercial and residential projects in Gurgaon are increasing at a rate that is getting almost at par with the posh south Delhi localities. Spearheading this rise in property rates is the increased demand for modern and stylish properties in Gurgaon that are now being offered by the country’s leading builders. One such top-of-the-notch builder is Ambience Creacions, which has one upcoming property in the heart of the city in sector 22.
Often, home buyers are not too sure what factors to look for when assessing if a residential project in Gurgaon is worth investing in or not. Whether you wish to buy a property for putting it up on rent or for your own stay, here are few tips to choose the right property for investment.
- First and foremost, you need to be sure of your reasons to buy residential property in the city. What is your exact need? Are you simply looking at an optimized investment to get some handsome returns during a sale or by putting it up for lease? Or, are you going to reside in the property because it is close to your office or school of your kids? Or, is there some other reason. Understanding your reasons helps you shortlist properties accordingly.
- Consider the budget. You need to consider the property prices in Gurgaon as prices are getting quite steep here. Different areas have different price ranges to offer. Also, depending on your budget, you can narrow down or broaden your choice builder-wise, project-wise, carpeted area-wise, floor, number of bedrooms, amenities within the project, fittings, and other such considerations. For example, the Ambience Residential project in Gurgaon is located conveniently and offers buyers choices that range from 2-bhk to 5-bhk. Plus, the project has all the amenities that you would expect from a modern and fresh project.
- Lastly, consider the reputation of the builder. You need to assess the kind of projects they have delivered till date; do they have any legalities pending from the authorities, do they deliver projects on time or not, are they known for adhering to best practices or not, and other such considerations.