Head to Gurgaon for profitable Real Estate Investment

At present, Gurgaon has earned a distinct reputation as the high tech city of India. The city has become a haven of real estate developers due to rapid industrial development. The prices of both residential as well commercial properties in Gurgaon are rising steadily. Thus real estate enthusiasts can dig in huge profits by investing in Gurgaon real estate.

By the passage of time, Gurgaon has evolved into one of the most progressive cities of India. Today, if one rolls his eyes around, and he can trace development at its fullest everywhere. The city’s swanky shopping malls, broad roads or expressways, modern apartment complexes, landmark sky scrapers, wide urban parks speak loud about the socio-economic growth and development realized in the region. With the rapid industrial development, property or real estate market is surging strongly. Apart from substantial price rise of Gurgaon properties, the prices of lands or properties in villages around Gurgaon are also increasingly steadily. Earlier, the property market was quite unorganized as local property dealers used to cater to the property or housing needs of people. At present, Gurgaon real estate is peopled by more professional players of international repute which has made real estate industry more organized.

With the corporate boom in the city, the migrant population of working professionals and students is increasing in the city. Finding a comfortable living space becomes the utmost important priority of these city dwellers. With more and more people moving to Gurgaon, the demand of modern yet stylish residential spaces is rising in the city. New residential colonies, high rise apartments, flats, independent floors are getting constructed everywhere to meet this ever growing demand. From affordable house or budget homes to luxurious independent builder floors, different residential properties in Gurgaon are available at different prices ranges.

Other than Indian offices of many multinational companies, a string of management and technology institutes are located within or nearby Gurgaon. The young, dedicated, and professional workforce and students need better infrastructure facilities and comfortable work spaces. This has led to absorption of corporate spaces, need of more corporate parks, towers and office buildings. Modern real estate players are also cashing on this opportunity and are constructing commercial complexes too.

People are investing in both residential as well commercial properties in Gurgaon to dig in huge profits. Various industry experts and analysts have estimated that the prices of Gurgaon real estate will rise further in future. Thus, it is the right time for real estate investment in Gurgaon.

Different Ways of real estate investment

Real estate investment has gained impetus in last few decades in India, not only because of the high earned profits but the relaxation of investment norms and easy loan availability. The article acquaints you with the various investment approaches of the real estate market. Besides possessing a home for your self, you may enjoy the multiple investment opportunities in the sector. Different ways of planning your real estate investment can make you earn varied profits. Let’s see how.

Renting the property

In this kind of investment the buyer intends to rent out the purchased property. Besides owning the property, the kind of investment offers a simpler and a steady source of income for the buyers. The option of purchase may include a residential or a commercial property. The commercial properties tend to be pricier as compared to residential properties. If you want to enjoy high rent profits, you need to make bigger investment of purchasing a commercial property. However, a residential property too can earn you substantial profits but well thought-out and vigilant approach is a prerequisite.

Renting a property is undoubtedly a profitable deal. Although, the owner is liable to pay the maintenance costs, utility taxes, house tax etc. but being a landlord empowers him/ her to charge enough rent to support all such expenses. Moreover, the rent period of the property bestows you with double advantage. Besides monthly income, the property simultaneously accumulates the increasing appreciation value in the market to reap good returns, if you plan to sell it in future.

Investment in Land

In this kind of investment “a property is developed on a property”. For instance, a purchased land is utilized to build multi-story apartments where buyer pays only for the land and end up building many apartments to earn enormous profit. Many buyers have gradually developed as builders or real estate developers with this way of real estate investment. Many land buyers simply retain the property and sell when it is real profitable but this kind of real estate investment usually demands longer duration of property on hold.

Real estate trade

this is the most prevalent form of investment in the real estate deals. Such investors “buy properties from properties” but for the purpose of making money. Such a buyer grabs a potential property to earn high appreciation in shorter duration where buyers are usually the property professionals carrying market experience. Such properties are available in remote locations or locations under the proposed development plan of a city which ensures massive development in upcoming years.

The real estate potential of remote areas has higher appreciation probability than developed areas nearing saturation. Such areas may not be judicious for dwelling but a lucrative opportunity to invest. Purchased property should have short term retention to crack a highly advantageous deal. A buyer must keep-on consulting a real estate agent to seize the appropriate time to embark on a profitable deal. However, a buyer may face hardships in this kind of investment to keep property on hold for longer durations in case of market slump or sluggish area development. Short term investment may unexpectedly become long in such a scenario but the possibility is rare.

Adding value to the property

There is another category of investors who purchase devaluated properties at reasonable or cheaper prices with an intention to renovate and extract the maximum benefit from the revamped property. For instance, an investor purchases a house in unfurnished conditions readily requiring renovation. Refurbishing it may take some time but adds value to such a property. The investor then vends the property at higher rates to earn substantial profits.

For more details on gurgaon properties and real estate investment visit on IndiaCube.com