Saturday 23 August 2014

Residential Property in Gurgaon: A Better Choice than Noida

Delhi-NCR region is one of the most sought after destinations for residential as well as commercial properties. Gurgaon seems to have a promising future for all those who are investing in these sectors now. Noida and Gurgaon both fall in this sector but each of these locations has its own pros and cons.

Let’s explore some of them and find out why Gurgaon is still a better choice:

Price Difference: 
Previously, property rates in Noida were lower than Gurgaon, but now many of the properties in Noida have a circle rate of INR 8,000 and above. With luxury apartments taking over these areas, the circle rate in Noida which was previously between INR 3,000 -4,000 has suddenly seen a whopping rise. So, if you’re planning to invest in Luxury projects, its best to invest in Gurgaon as the place offers an extensive range of options at affordable prices.

Demand Supply: 
In the recent times, Noida saw a slump in real estate due to a high supply of residential properties with lesser demand. Gurgaon remained unaffected as far as residential properties are concerned. However, for investment and other purposes, properties in both the areas haven’t been in the green either. The rising number of IT organizations has led to the increased demand in the Gurgaon and nearby areas. Gurgaon has favorable points such as transport infrastructure; also, it is much more developed as compared to Noida or Greater Noida/Expressway.

Infrastructure and conveniences:
It is said that Noida is better planned. However, Gurgaon has an edge over Noida as it is already established in terms of transportation and other amenities. The property rates are increasing every year by 4.5% in Gurgaon. This is good news for the residents or those who are planning to buy properties in Gurgaon for investment purpose. Roads in Greater Noida or expressway are really deserted whether its day or night. Safety has been a big concern in Noida lately, especially for women. Apart from these, there are various reasons as to why you should purchase properties in Gurgaon. If you’re willing to buy residential property in Gurgaon, it’s best to search online. You’ll come across builder websites and all the properties they are building in a specified area. Go through the projects and if any particular project interests you, simply contact them. You don’t need to contact any third person or agent as you can directly deal with the builders and get your dream home. So connect with leading builders through their websites for best properties in Gurgaon.

1 comment:

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