Tips For Buying Apartments In Gurgaon

							Before buying an apartment in Gurgaon, you should keep following things in mind:
鈥?The Developer 鈥檚 reputation and background is very important, for example,
DLF, Unitech, Vipul, Bestech, Vatika, Raheja, etc., are reputed brands, and these
developers have better creditworthiness in the market. 鈥?You should not book the
apartment or buy an apartment in resale before getting the complete details, verifying
the documents related to ownership of the property and checking the credentials by
engaging a genuine consultant or legal professional. 鈥?The documents related to
properties are Allotment Letter, Receipts of payment, Apartment Buyer 鈥 檚
Agreement, Conveyance Deed or Sale Deed etc. 鈥?You should check the list of
banks that have approved the projects for home loan funding. 鈥?The Golf Course
Road, M G Road, Sohna Road are better location for apartments projects, now
development is taking place in and around Palam Vihar areas also, which is near to
Delhi and Airport and connectivity is getting linked by Metro Rail coming from
Dwarka, and around this locality Diplomatic Enclave is also being planned. 鈥?If you
have housing need in Gurgaon after five years, then projects coming near the sector
110, 111 are most promising than other areas and you should book apartment near this
area. Recently, Mahindra GESCO have launched a project namely 鈥淟 andscape
鈥?and sold out the entire project within no time. Raheja has two projects in this
location, which is still a value for money. 鈥?The upcoming location near NH 8, like
Sector 80, 82, 83, 84, 85, 86 is also good as these sectors are located near IMT
Manesar and upcoming SEZ of Reliance and HSIDC, so there in the vicinity the
possibility of increasing industrial units and working population, where the possibility
of increase in demand in coming future is quite high. But this location is pulling up
the middle income group who have housing need after three years. The apartments
coming up in this area are in the basic price range of Rs 2800- 3500 per sq ft.
鈥?Every city has some areas known as posh locations, where in most of high end
apartments come up, like Golf Course Extension Road connecting Golf Course Road
and Sohna Road. as many luxury and futuristic apartments projects like IREO 鈥檚
Victory Valley, Grand Arch, M3M 鈥檚 Golf Estate, Emaar MGF 鈥檚 Marbella are
coming up, which can make Sector 62, 63, 64, 65, 66 & 67 quite distinct and high end,
which will be the destination for high income group as the basic price range of this
area is Rs 5000-9500 per square ft. 鈥?If you want to stay near Sohna Road, where
ready to move in apartment is costing you Rs 5500-6500 per square ft and abutting
Sohna Road there are sectors like 70, 71, 72, 75, 76 which from one end flanked by
NH 8 and from another end is flanked by Sohna Road have been proposed to linked
by a very wide peripheral road which will improve the connectivity from Sohna Road
to NH 8. The apartments are being sold in this area in the basic price range of Rs
3000-4200 per square ft. Keeping in mind the ample supply of Apartments in
Gurgaon , you should book and hold apartments in Sector 110, 111, Sector 71, 72, 62,
67, 64, 65, 80, 82, 83, 84, 85 and wait at least for three to five years for a good return.
As a buyer, you should always insist for disclosure of Super Area & Carpet Area ratio
from the developers in black and white.