Are You Planning to buy a property?

Are You Thinking of buying a property in Gurugram or Manesar?

Read this before making a decision. Check this out for saving your hard-earned money and managing a stress-free investment that yields good results.

Investing in a property in Gurugram and/or Manesar, be it residential or commercial, farmland or warehouse space, is going to offer a high return on investment. As the NCR city continues to grow as an affluent residential area, an industrial and financial center, the potential for higher returns in the future is maximum.

The Gurugram and Manesar Prime Properties are bit expensive as compared to the neighbouring cities like Faridabad, Noida and Ghaziabad or evn NCT Delhi. The main reason for high price is the High demand: Gurugram being a major IT and Commercial Hub and is corporate house to a large number of multinational companies and tech industries. This has led to a high demand for safe and premium housing in the city, which has pushed up prices.

The other critical reason is the Limited Supply or limited landbase: Gurugram being a landlocked city, which limits the supply of land available for organised and systematic development. Though the extensions are developing fast, but the joy is to live and flourish within the prime city areas.
So if you have set your mind and eager to go ahead to buy a property in Gurugram, just check the following points and take time to decide after duly evaluating the potential offers or prime deals, based on the information given here:

• The Critical Information that a buyer must consider while going to choose the right property for his living or business are: The Right Budget, The Prime Location, Good Resale Value, Appropriate deemand for Renting options, Govt. Approvals, Loan eligibility, Support Structure / Services in adjoing areas (school, colleges, Hospitals, Market area, enertainment spaces and neighbourhood)
• Important Check Point: Check all the relevant documents, approvals and ownership / project details. Check the RERA Project details (See our previous article on HRERA here)
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  FYI, RERA (Real Estate Regulatory Authority) was introduced in the year 2016. The purpose of the RERA Act, 2016, is to protect the homebuyer and increase the investments in the real estate industry. The RERA law is implemented in all the states to regulate the real estate sector.
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• Besides this we need to check Stamp Duty / Registration Charges, Property Insurance / Maintenance Charges and any other club/services /security costs.

Important documents to check before buying a property in Gurugram/ Manesar:

Property / Land Title Deed, Building Plan approval, Building / Project Completion and Occupancy certificates, Encumbrance Certificate, Utility bills and tax receipts like electricity, water and gas bills, and property tax receipts or the minimum operation (fixed) charges you have to bear in case it is inside a gated complex, No dues certificate from the bank in the case of a home loan (if its a resale offer) and present condition / ground position of the property (vacant / rented / leased)

The next best option is to take professional services of a #HRERA Registered Property Consultant / Real Estate Agent and someone who has deep roots and credentials to deals with.

A trusted Property Agent like #AmitYadav / #VikasYadav from #AcreBaseLandHolding will not only save lot of time and hassles to check the above mentioned points but also to get the most lucrative money saving deals in Gurugram & Manesar.

Connect with them at AmitYadav@AcreBase.in Phone/WhatApp: 9971184058