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Newly launched projects in Gurgaon takeover ready units

Comments Off Sub Category:Cities,Gurgaon,Real estate trends,Realty News Posted On: Mar 19, 2013

Realty growthGurgaon is one of the hottest destinations for real estate investors, both end users and investors. The area has always been offering excess option of residential properties.

In Gurgaon, the recent demand is increasing for new launches as compared to the ready to move in units.

The real estate in Gurgaon is divided into commercial and residential segments. And the residential segment is further divided into two segments i.e new launches and ready to move in projects or projects nearing completion.

Anyhow, Gurgaon is observing a boom in demand for the newly launched projects and this demand is driven by the investors.

The recent trend of Gurgaon in terms of demand and supply: demand is higher and slowly getting inclined towards the newly launched projects. This will help the investors to invest in more projects and they require to pay just 10 percent of the total cost as booking amount whereas around 70 percent of the total cost needs to be paid for a project that’s ready or nearing completion.

The price for the newly launched projects are increasing in a pretty fast rate whereas ready units are experiencing stagnancy in terms of price escalation. This is one of the factors which is attracting investors to invest in money now and when the price will increase they will sell the property for better future returns.

Big investors like Emaar MGF, Spectra by Tulip, Versace Homes by Raheja Developers, Gurgaon Gateway by Tata Housing, Quartier by Paras Builtech, the Grand by SARE Homes, are coming up with new launches and witnessing huge demand. They are offering luxury as well as affordable apartments in a wide range of price. At present, all the projects are at different stages of construction and bookings have already started.

With the developing infrastructure and rising prices, it is expected that investors will be more interested to invest in Gurgaon real estate.

Gurgaon will continue to rise in terms of residential properties due to enhanced investor interest. Within years it will become a hub of investment and housing.

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