Friday, February 19, 2010

Property Investment Gurgaon

Few years back it was found that Gurgoan (The National Capital Region) was nothing but a vacant place and hardly any residential/commercial area was found and if it was there then all those situated in different location which were having a huge distance and facilities like travelling, shopping, electricity, water supply, hospitals, hotels etc. were very poor. Therefore the demand for Property Investment Gurgaon was very low instead of having abundant vacant and available properties. And the same was offered comparatively at low price.

But at present the situation has totally changed and now Gurgaon is known as one of the most developed place (NCR) having all the facilities and presence of large no. of corporate sectors, hospitals, institutes, schools, fun places, malls, residential places i.e. apartment, closeness to International Airport, Express Highways, and very soon it will be connected through Metro.

The New projects in gurgaon(i.e. commercial or residential) is having sky-scraping price. People are residing there are belongs to high class of society and very much lifestyle conscious. And those who are living in rental property they are paying a good amount as rent. Most of the companies or business units are starting doing their business in Gurgaon or migrating to this place and buying or hiring the Property Investment Gurgaon for that purpose. And due to the presence of different big

organizations most of the job seekers have also shifted to this place and have started living in the rented apartments. In addition to this there are lots of people who use to buy Property Investment Gurgaon for investment purpose and they are making money by hiring or selling it to others and making a huge profit.

Property value varies as per the facilities which are being provided and as per the location. For example monthly rental value for 2BHK starts from Rs. 25,000/- onward and similarly rental value of offices are also based on the area, locations, and different amenities. Instead of having high price of property Gurgaon is in high demand and more and more people are shifting there and investing in the property and some of them are getting good returns on their investment.

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