The proposed Dwarka Expressway will soon make the life of residents from Delhi and Gurgaon convenient. This road project is developed with an aim to shorten the distance between these two significant cities. Alongside, the real estate sector has already taken a leap in and around Dwarka Expressway. Understanding the huge impact that the expressway is soon going to make, the builders have been investing a lot in constructing the distinct housing projects. Some of the top projects Dwarka Expressway are the following:
0 Comments
Gurgaon has emerged as one of the prominent residential hubs of the state of Haryana. There are several reasons that have contributed to the rapid development of this mega city. Let’s know how Gurgaon has become a hot real estate India investment destination:- Presence of Luxurious Homes Living a luxurious lifestyle in ‘The Millennium City’, is a dream for every individual and is undoubtedly a tough decision. With the high demand for a luxurious property Gurgaon among people, each year a wide array of reputed real estate firms are visiting the mega city with innovative housing projects. One of the leading developers in India, Godrej Properties Ltd. brings Godrej meridian in Sector-106, Gurgaon. Located at a very prominent location in Gurgaon, this residential project offers you elegant and luxurious homes for you to reside in with your family. It is located in a developed neighbourhood. It is currently being constructed and the possession date of this project is December 2021. Clean and Green Surrounding The ever increasing pollution of Delhi has raised some serious concern. Gurgaon is one such city that has an extensive green landscaped area which offers a clean and green environment for people to live. Every housing complex nestled in Gurgaon has large spaces allocated especially for lush green gardens and park to keep the people close to nature so that they can live a healthy life. Godrej Air in Sector 85 in Gurgaon is one such project that offers 10 times fresh and pure air to keep residents healthy. You can find air-purifying plants planted across a wide-open area of this project. Pure air is always there to enrich the lives of its residents. Wide Residential Options If you are looking for independent floors Gurgaon, residential apartments India from 1 BHK to 4 BHK, villas or just a plot, Gurgaon has everything. This city is fully loaded with varied housing options to suit your needs based on size, type and budget. Whatever housing options you choose, you will get benefit with a host of modern amenities such as covered parking to all in-house residents, yoga and meditation deck, spacious kids play area, top-notch security measures, clubhouse, 24×7 power and water supply. In the last five years, real estate has witnessed positive outcome in affordable housing, which has prompted a lot of developers to launch projects in this segment. Considering the trend, the share of affordable supply has been rising since 2015. The new tax reforms and beneficial schemes offered by the current government and the rising demand from the consumers have encouraged developers to launch more units in the affordable housing category. As a result, the share of affordable units today dominates the overall supply in the residential market by 40% to 45%.
According to a report in 2018, the same year had 60% of all the residential project launches were within the ₹ 50* lac bracket and most developers are now concentrating on the affordable and mid-range segment. However, demand is still much higher than the supply. Most experts believe that developers have realised the potential of low and mid-income sizes and have been rationalising product portfolio to match underlying end-user demand, and supply in the affordable housing segment will improve soon. Considering the demand side from the home buyers, affordable housing is the key driver for demand in the residential sector in the next few years. The various sops offered over the years have highly attracted real buyers as well as investors into the affordable segment. Investors now see the possibility of better returns as compared to other residential segments, including luxury and ultra-luxury projects. As of now, while end users are driving the growth of affordable housing, investors are eyeing it for decent returns. What are the factors responsible for driving returns? First, some state governments have capped the sale prices by various housing development schemes. Take Haryana government’s Affordable Housing Policy as an instance. There, a developer can charge a maximum of ₹ 4,000 per sq. ft from homebuyers. Apart from that, a home buyer can avail a subsidy benefit of up to ₹ 2.67 lac under Pradhan Mantri Awas Yojana. Secondly, additional perks on affordable housing make it attractive, which other housing segments do not enjoy. Thirdly, the average returns an investor can expect on a yearly basis are 8-10%, making affordable housing a significant game-changer. Experts also add that the housing projects which are within city limits or in an already developed locality will do better in terms of providing good returns. Projects that are in far-off areas will give approximately similar returns like other segments. Hence, if you wish to get on the affordable housing property in India and want to invest in an apartment, make sure the location is favourable and ensure the area has the necessary infrastructure. Most importantly, compare the prices before settling for a deal. Also known as Banaras, Varanasi as a city in Uttar Pradesh is one of the oldest existing cities in the world. With an existence for over 5,000 years, it is famous for being a sacred place of pilgrimage due to its historical significance. The city offers such a warm environment, embracing anyone who comes here in search of inner peace or moksha. A city situated on the banks of Holy River Ganga, Varanasi attracts many people from the business world across the country for its amazing fabrics, sculptures, ivory works, and perfumes industries. It echoes the necessary infrastructure with hints of the ultra-modern development.
The infrastructure of Varanasi reflects the old charm with the presence of narrow lanes, steep stairs and old tailored buildings. Varanasi holds a rich heritage as an education hub with the establishment of Banaras Hindu University and Sampurnanand Sanskrit University to name a few. In terms of connectivity, the multi-modal terminal for cargo ships and the underground cabling for temples are some developments in the city. The transportation system is equally commendable connecting to different parts of the country via road, rail as well as air transportation. The real estate developers of the city are instrumental in uplifting the face of the place. They are playing an essential role in developing the city and taking its real estate to new heights. They have come up with different types of property in Varanasi time and again. The top builders of Varanasi are Awadh Group, Swastik City Planners, and Dhairya Infratech. While the old Banaras still echoes with the old charm of ancient old-style buildings, the other part of Varanasi has developed over time. Many new localities have been formed making Varanasi an ideal place to invest in a property which includes Shivpur, Mahmoorganj, and Harahua. If you are willing to buy 2 BHK flats in Varanasi, go for any of these places. Along with an investment by the Government to transform Varanasi into a smart city, there are a number of reputed developers who are constructing various projects in the city. From ready to move flats in Varanasi to affordable apartments, plots, and luxurious villas, the homebuyers have numerous choices for residential properties to satisfy their needs. While investing in a favourable location, homebuyers can show their trust in the following residential projects namely Awadh Apartment, Swastik Paradise Apartment, Awadh Paradise, Dhairya Residency, and Awadh Ambrosia. The decision of buying a property is for sure a difficult task for everyone. Picking from myriad options and trying to go in the right way through the entire process is a huge challenge in itself. A good financial plan is the most difficult part of all the challenges you face while investing in property. Before taking any decision, you need to have a sound economical backing to make your first investment. Now, then the question is whether you should buy a ready to move house or residential plots.
However, banks are always available to help you through the entire process of buying your dream home, but it has commonly observed that they are not very interested in funding your plot purchase. But if you are purchasing 2BHK flats in Noida, getting a home loan is easier. There are many other advantages and disadvantages of investing in plot and flat. Let’s know more about it: Know The Cost Whether you are investing in a flat or a plot, it requires a considerable amount of initial funding. In this case, you should choose 1BHK flats in Noida. You just need to pay a fixed amount as the initial investment and after that the installments. The rate of your property is not going to increase afterward whereas in case of the plot, you might have to pay a lesser amount to purchase it but the cost of the construction of the house is more. Also, there are chances that you will end up spending high above your budget to get exactly the type of property you want to construct. Pay Extra Attention To Returns In case of a house built on a piece of land, the value of land will increase but the value of the house will depreciate. So as a property owner, you need to pay extra attention to the floor planning, the quality of construction material, fittings and furnishings in rooms and the amenities and facilities within your house. The market value of an independent property in Noida will always be higher than that of flats. This is because of the difference in both demand and supply. While there are many people who are ready to buy independent homes, but there are not many to select from. So you have to construct a house that will stand out among the other properties. Know The Resale Value The resale value of flat works in a similar way like the returns. A well-constructed flat will get a better resale value, and may be they grabbed the attention of locals easily in urban areas. The resale value of ready to move flat will depend upon the location, its connectivity to major landmarks, the quality of flat and the inbuilt amenities. When you take a note on the process of buying, it is much easier to buy a flat and when you purchase it through an online real estate platform like Clicbrics.com, it is far easier and convenient than anything. But when you buy a plot on your own, too many litigations you need to take care. You have to check the documentation like title deeds, tax receipts, encumbrance certificates, etc carefully. To build your home on your own is definitely more satisfying but it is also more difficult than buying an apartment. |