Wednesday, 22 July 2015

Your wait for a perfect home in Gurgaon ends now

Right now, somewhere in Delhi NCR, there's more than a handful people desiring a home of their own but hesitating to initiate the process of house buying. These are average people - from the salaried or business sector waiting for a good deal to come across. The hesitation is understandable considering that the home loan will append to their monthly financial responsibilities. Can you identify yourself as one of them? If your answer is affirmative, then your wait is almost over. In today's digital environment, you have been empowered to make your desire a reality with the Great Online Home Festival (GOHF). Living up to its name, this festival brings across great discounts and deals on houses with facilities that meet every buyer’s requirements.

Gurgaon, the western arm of the NCR has seen rampant development in the last decade. The city has paved way for residential, commercial and infrastructural development to accommodate the influx of people every year. Though the realty market has proved sluggish in the past, residential projects have been sparingly sprouting across the city. Renowned developers are offering different configurations of housing units with amenities.

Housing Options Being Served:
The bouquet of under-construction residential units available in Gurgaon include (2, 3 and 4) apartments, studio apartments, plots, etc. The price range of apartments with different configurations is Rs 57 lakh to Rs 2 crore and above. The size of these units range from 1264 - 2700 sq ft approximately. Studio apartments sized 920 – 1118 sq ft are priced within the budget of Rs 1 - 2 crore approximately. The size of available plots vary between 260 – 1200 sq yd and are priced between Rs 1-6 crore and above approximately.

These properties have been featured in GOHF and are available at attractive discounts. If you book these properties within the 10 day festival period, you can avail these discounts. Similarly, if you book them online, you have to pay relatively lesser price in comparison to their original quoted costs.

Amenities being offered are premium in nature. Apart from the regular lift, security, club house, etc., some gated communities will offer sports facilities for your children and other family members. Some apartments will have 3 sides open units and large private terraces, sophisticated technology to make your lives easier, centrally air-conditioned rooms, amphitheatre, amongst others. Plots give you the opportunity to adopt a holistic lifestyle in customised homes. All you need to do is fix your budget, look through the deals and maybe try your hand on further negotiation with the developer. It is definitely a unique opportunity - housing options being served to you in a platter.

Where can you find these properties?

The new housing inventory is upcoming in various areas of Gurgaon such as Sectors 48, 92, 108; Sohna Road, etc.

Infrastructure Status Area-wise:
Sector 48 in Gurgaon is strategically positioned. It is near the junction where Golf Course Extension Road connects with Sohna Road. The opposite side of the road already houses some renowned residential and office complexes such as Vatika Business Park, Omaxe Mall, etc. Sector 48 along the Sohna Road is a prime location easily accessible by roads. Autos and local buses are popular modes of transport for people who do not own a vehicle.

Located just along Sectors 89, 95A and 95B, which are included under the Master Plan 2031, Sector 92 holds a healthy growth potential. It is along the Pataudi Road and is easily accessible through NH 8 via wide internal roads. While it is about 35 km away from the Airport in Gurgaon, it is planned to be linked to the Delhi Metro in its next phase, which would be extended from the present Huda City Centre Metro Station. The area is also close to the Industrial Modern Township (IMT) Manesar, Kundli Manesar-Palwal (KMP) Expressway and the much awaited Dwarka-Gurgaon Expressway, which are expected to provide additional benefits to the residents of this sector. Local buses and shared autos are the public transport plying people to other parts of Gurgaon.

Sector 108 is also included in the Master Plan 2031. Though the civic infrastructure is not yet developed, it will be an established locality in future. The proposed metro will be in proximity and connectivity to Sohna Road, Golf Course Ext Road and NH 8 will improve. The International Airport will be about 30 minutes’ drive away.

Sohna Road is developed with the presence of business parks, residential communities, local markets, malls, cineplexes, etc. It is linked to NH-8 and Rajiv Chowk. The last Metro station in Gurgaon is barely 3-4km. Other roads of Gurgaon like Golf Course Road and Golf Course Extension Road are easily accessible from here. The Southern Periphery Road intersects Sohna Road near Vatika City (Sector 49). You can travel to Faridabad via Faridabad-Gurgaon road and the KMP Highway is also accessible from the area. Connectivity through buses, shared and individual autos, and shared cabs is convenient.

Should you invest?
Capital value has consistently appreciated in Gurgaon in the last couple of years even when the realty market was sluggish. If you wish to invest in the city, these areas could be considered. With several developers offering possession of their projects within three years, an investment here is not only profitable for short-term investors, but also future end-users.

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