The primary purpose of investing in a
property is to fetch maximum returns out of it in future. So, one has to be
very careful investing in any property and analyze each and every aspect very
carefully before taking any final call.
Important factors that should be
considered while buying a property
Location
Location is the most important factor
in property investment. Good location always ensures you with higher returns.
Location that boasts of a good social and physical infrastructure is not only
good for end users but also investors who are buying the property for re sale.
It is also good to invest in a growing area with tremendous development
potential.
Affordability
It is always advisable to check your
budget and do a thorough analysis of all the additional costs involved in
investment along with the base payment amount. It is better not to stretch your
budget or to burn a hole in pocket in order to purchase a property.
Gurgaon and Noida has emerged as two lucrative
destinations in National Capital Region for real estate investment. A
good number of developers and prospective buyers are showcasing their keen
interest in both the satellite cities.
This report aims to capture the highlights of both the cities.
While Noida hosts a plethora of Indian
and international IT and manufacturing companies, Gurgaon has emerged as one of
the preferred destinations for at least half the Fortune 500 companies by
October 2013.
Infrastructure Developments
Both the satellite cities have seen
massive growth in both residential and commercial infrastructures. There was
never an instance when demand has beaten the supply.
Gurgaon has significantly came up the
curve with thousands of residential skyscrapers with state of the art
infrastructure and ultra modern look. But what makes Gurgaon less attractive is
the lack of maintenance with poor and broken roads that often results in
traffic woes. On the contrary, Noida boasts of a robust infrastructure with
proper and wide roads, better water treatment facilities, better public
transport and most importantly the basic residential facilities in sectors. The
city is well planned and offers excellent living conditions.
Infrastructure and connectivity
Noida holds an upper hand when it comes
to infrastructure and connectivity. The major highlight of both the cities it
is close proximity to Delhi. Both the
satellite cities are well connected to Delhi which increases the attractiveness
of both. The major difference between
the two is Noida has various exits for Delhi, while Gurgaon is connected to
Delhi by one straight approach. The significant reason behind this difference is
Noida running parallel to Delhi and Gurgaon being comparatively far from the
capital.
Gurgaon touted to be the
"millennium city " emerges as one of the most sought destinations for
investors. Noida is mostly dominated by the end-users owing to its well
maintained roads and the tranquil living it offers. The sky rocketing property
prices in Gurgaon makes it an expensive buy while Noida appears affordable for
mid-segment buyers. It been observed
that Gurgaon has demonstrated more appreciation than Noida over the past few
years. But in the long run Noida showcases better prospects of returns than
Gurgaon, but regulations could be a hassle. 4 bhk
flats in Noida still faces issues with real estate acquisitions Gurgaon’s real
estate in noida acquisition policy has been the most advanced in the entire
country. So, be very precarious before investing in any property to cherish a
wonderful realty investment experience.
