Luxury Apartments in Gurgaon
Gurgaon, The Mega Metropolis City
If you’re looking to buy or invest in a flat or apartment than at present-day, the best emergent city is Gurgaon. The flourishing growth and infrastructure in the city has resulted in substantial investments in residential apartments. Due to the increasing demand for residential projects in Gurgaon by an end user or investor, now we see the most reputed builders in the real estate sector having residential projects in Gurgaon. Many multinational companies have chosen Gurgaon for their corporate office or their backend office. Also industrial growth is outskirt of Gurgaon like Manesar have create huge demand for property in Gurgaon which in turn has led to top developer of India to launch and develop their residential projects in Gurgaon. In the last couple of years most of the land in old Gurgaon has almost been exhausted. A major chunk of residential supply lies on the Northern Peripheral Road (NPR), a stretch on the Dwarka Expressway. This area is known as New Gurgaon with residential land use governed by the Gurgaon Master Plan 2021. The expressway is in close proximity to the commercial and industrial areas of Manesar. Along with the NPR, some other locations in Gurgaon that have seen major residential supply are the Golf Course Extension and the Gurgaon-Sohna Road And it doesn’t end here, real estate giants like DLF, Emaar MGF, Unitech, Ambience, Spaze Parsvnath, Vatika limited and Tata Housing will be soon launching their new projects in locations like Sohna Road, Golf Course Road, Sushant lok, Dlf Phase – 1,2,3 & Central Park 2, etc. The real estate sector is expected to witness more growth in the coming years, which is going to be very beneficial for the people who would invest in it at the present moment in time.
Snapshot of Apartments in Gurgaon
Resale Projects in Gurgaon
New Apartments Launched in Gurgaon
Crucial Checks Before Buying Residential Apartments in Gurgaon
The cost of an apartment in Gurgaon is calculated as follows Basic selling price (BSP) plus IDC & EDC preferred location (PLC), club membership charges, parking space charges, service tax, registration charges and any escalation clause (if any) etc. Sum of this entire cost factor is your actual apartment cost in gurgaon. One must check all the cost factor thoroughly like there will add on costs which will be recurring every month or quarter like power backup charges, security charges, maintenance charges, club charges etc.
One must do a due diligence by doing market research of apartments which are within the same sector but developed and constructed by different developers. A buyer must compare the BSP, landscaping, property size, specification, surrounding areas, terms & condition of sale transaction and make the adjustment accordingly to the cost price. By comparing different apartments the buyer will be in a superior position to make judgement about value, locality amenities and price of that particular apartment.
Before investing with any builder, a buyer make sure to check the past project that builder has executed and check the quality standards, security of the complex, maintenance of the club, project delivery time, electricity and water issues if any. Check all agreement, maps and approval related to project. This will help gauge the potential of the developer on execution and quality. The most important is financial soundness of the developer and track record as it will indicate its capabilities to finish the apartment on time.
When selecting an apartment in Gurgaon one need’s to check the location, but not always location on the main road will have high capital appreciation as it can create problems as traffic increase day by day there will be more traffic sound. So you should check for basic facilities and social infrastructure like schools, hospitals, public transport, etc. as this will determine the future capital appreciation.
Every Builder gives host of features to lure buyers for the apartment in gurgaon. One must check the specification of the apartment whether the builder is providing of real use or cosmetic like verified tiles or wooden flooring. If buyer wants to have marble or Italian finish flooring to their apartment in Gurgaon than they can pay the balance beforehand & customize their flooring to their liking.
Staying in small apartment is a big hassle. Moreover, if you have too much furniture and fixture with you, living in small apartment becomes all the more difficult. So every buyer looks for efficiency factor and loading play important part in it. Loading factor varies from place to place and project to project though apartment in Gurgaon has an average loading of 20 to 30 % of super area.
Top Luxury Apartments in Gurgaon
Residential Apartment for Sale in Spaze Privy, Sector-72 Gurgaon
|2085 Sq. Ft.|
Residential Apartment for Sale in M3M Woodshire, Sector-107 Gurgaon
|1940 Sq. Ft.|
Residential Apartment for Sale in IREO Grand Arch, Sector-58 Gurgaon
|2427 Sq. Ft.|