Best & Profitable Real Estate Investment Locations in India

Investment in real estate is a big decision and requires sound research. An investor invests a lot of money and is also keen on getting good returns from it. So, it requires good research on the part of the investor to make a sound decision. One of the important aspect that the investor should research, whether buying a residential or commercial property, is the location of the property. The expected returns, as well as amenities and facilities provided along with the property, much depends on the location.

Let’s take a look at the best locations for investment in real estate.

Gurgaon & Noida

Gurgaon, a part of NCR, is in close proximity to the national capital of the country. It is undoubtedly one of the best cities for investment owing to its current infrastructural and industrial development. Apart from Gurgaon, Noida is also a good location for investment. Many industries and companies are also operating in the location; it offers good professional opportunities to the residents. All these factors make Gurgaon a profitable investment location.

Meerut

Meerut is one of the important industrial and agricultural cities of India. The city is near to Delhi and is a good site for industries. Many real estate developers are offering flats in Meerut with world-class amenities. Additionally, there are plots for sale in Meerut as well for people who want to build their own house. It provides investor options to choose from.

Karnal

One reason for investing in Karnal in Haryana is it shares borders with Delhi from the South, North, and West. Thus, it also is in close proximity to Delhi. The state has witnessed technological and industrial development in the previous decade. The best and profitable cities in Haryana are Karnal and Fatehabad. Many residential and commercial properties are being constructed in the cities. In fact, habitation has also started in these properties.

Now that you know the top 3 cities in India for investment in real estate, you can make a worthwhile investment that will provide you good returns in the future.

Modern Amenities In Residential Properties in Gurgaon

Every homebuyer wishes to buy a residential apartment with all the requisite amenities and facilities. It only makes more sense since the homebuyer invests a lot of money in the apartment. And sometimes, even avails a loan for it. Nevertheless, the homebuyer must know the imperative amenities to be able to make a sound decision.

Let’s take a look at all the necessary amenities required when you shift to a residential property in Gurgaon.

Parking

Parking is one of the most important amenities to look for, especially for people who live in highly populated areas. While some localities offer official parking area, most people park their cars on the streets at night. It can be unsafe for the vehicle. But if the vehicle is parked within the building, the car is safe. Nevertheless, it can also be a concern if there is no sufficient parking space for guests. Many real estate developers these days take care of this concern as they provide extra parking space for the second car.

Clubhouse

A gym, swimming pool, a place sit and relax, and other recreational activities are obviously required in the residential project. A community hall should also be there to host family functions and get-togethers.

Open or Greenery Space

It is recommended that the homebuyer must visit the site project and should not only go by the ad. It will help in checking open and greenery space provided in the residential project. Many real estate developers try to cram the promised amenities in smaller areas. The home buyer needs to check if the towers are closely situated as they will not leave any green area in between. Notably, open and green space provides a magnificent view.

There several other points as well that the homebuyer can look for; we have only mentioned the most important 3 points. Several 

Advantages Of Buying Apartments Developed By Reputed Developers

While investing in an apartment, let’s say a 2 BHK in Noida, the first thought that comes to mind is ROI (return on investment). Nevertheless, a good return is only possible when the choices are made wisely. And a wise choice includes good market research. However, when the investment includes a significant amount, only established and reputed brands can be trusted.

Established brands or developers never compromise on the quality as it can adversely affect their brand recall. Hence, one can conclude that association with renowned developers can be a good investment.

Let’s take a look at a few points that point out the benefits of choosing the right developer.

Construction

Construction quality is the backbone of the project. The endurance and sustainability of the structure of the project depend on its foundation. With a well-known developer, there is always an assurance of getting better construction quality. Hence, it is always recommended to perform a little research about the history of the developer. If required, you can also visit his previous projects.

Timely Project Completion

Every homebuyer expects to get the project completed within the time promised by the developer if they buy under-construction property in Noida. A renowned real estate developer assures the expected time of the completion of the project. And with the introduction of RERA, things have become more transparent between the buyer and the developer. Every information regarding the deadline has to be accurate, failing which the real estate developer can be penalised.

RERA

With the introduction of housing acts like RERA, the chances of getting deceived by the developer have reduced to zero. The developer has to get RERA registration for the development mandatorily. Additionally, no developer can promote or endorse his project without RERA registration. With the registration under the act, the authenticity of the real estate developer is justified.

Every established real estate brand works hard to maintain its brand value and recognition. And for sustaining it, the developer is always consistent with the quality. Hence, established developers always strive for better quality, and simultaneously, it can benefit homebuyers. Many well-known real estate developers are offering 3 BHK apartments in Noida and other cities with premium amenities that you can consider for investment.

Best Locations for Residential Properties in India

Investing in a real estate property, be it residential or commercial, is a big decision that requires the right amount of research on the part of the home buyer or investor. From the area of the property to the expected returns from the property, the investor must look into various reasons to invest in a particular property.

That said, the location is one of the prime factors that must be considered while zeroing in on a residential or commercial property. Let’s take a look at the best locations for real estate investment in India.

Gurgaon & Meerut

When one searches for the best locations for real estate property in India, Gurgaon and Meerut are undoubtedly the best locations. Both the locations are nearby of Delhi. The current and ongoing infrastructural and industrial development has made both the cities the profitable investment locations. Gurgaon is undoubtedly the location for investment for several factors. And Meerut has also become the best location due to the development of RRTS, Meerut.

Haryana

The primary reasons for investing in Haryana is that it shares its borders with Delhi from South, North, and West. Thus, it is in close proximity to Delhi. The other reason why it is an ideal location for real estate investment is that it is witnessing industrialization and technological development. The best cities of Haryana for real estate are Karnal and Fatehabad. Also, both the cities are easily accessible to Delhi with the help of good roadways and railways network. At present, many developers in Karnal and Fatehabad are developing the best properties with state-of-the-art infrastructure and world-class amenities.

Ahmedabad

If the investment is to be made in a commercial property, then Ahmedabad is the best location. It is the former capital and the largest city of Gujarat. Infrastructure, well-built and wide roads, and proper waste management facilities in Gujarat are the few of the many reasons why investment in this city will be profitable. Another reason is its increasing (at a good pace) economic value. Additionally, a few cities of Gujarat are also declared to be transformed under PM Narendra Modi’s flagship program Smart cities.

Amritsar

One of the best cities in Punjab for investment, Amritsar, offers good connectivity to the capital of the country. It houses an international airport and has an ever-improving education and healthcare facilities. Rapid industrial development is also one reason for the investment in this city.

Now that you know the best cities for real estate investment in India, you can make an informed and sound decision.

Complete Guide For The First Time Homebuyers

Buying a home is one of the most significant investments in life. Most homebuyers spent all their savings on buying a house. Some even avail a home loan since a hefty amount is involved in purchasing a house. Owing to all these facts, it is essential that a right and sound choice is made.

Let’s take a look at some tips which would help the first time homebuyer to make a sound purchase and avoid mistakes that may cost him big.

Know About RERA

RERA or Real Estate Regulation Act, 2017 was enforced to safeguard the interests of homebuyers and real estate investors. The following are the benefits the homebuyers are entitled to:

• The homebuyer can withdraw from the residential project if it is not handed over on time. He is entitled to get all the money he has paid with interest.

• The homebuyer can also choose to continue with the residential project if it is not completed on time. However, the real estate developer is liable to provide rent until the project is not completed and handed over.

• RERA also gives the homebuyer the right to have access to all the information related to the residential project in Gurgaon One Sector 84 or any other location for that matter.

Carpet Area VS Super Built-up Area

Super built-up area includes the area within the four walls of the house and the area of the balcony, elevator, lobby, etc. Carpet area is just the area within the four walls of the house. A home buyer is entitled to pay for the carpet area only. So, it is important for a homebuyer buying his first home to know the difference between the two.

Resale Value

The resale value of the residential property is also a crucial consideration to make before investment. Generally, homebuyers consider the current property rates before zeroing in on the apartment. But if the wrong location or residential property is selected, the ultimate sales price may be less than the other properties around it. So, all these factors and resale value should be ascertained.

Get a Second Opinion

Well, the homebuyer may be very excited and feel like zeroing in on the projects in Gurgaon, sector 84. His excitement may lead him to overlook some important facts and details. So, it only makes sense for the homebuyer to get a second opinion, maybe from a relative or friend. Additionally, he can also visit the real estate developer’s previous residential projects to get a better insight into his work.

Now that you know the most crucial points to consider when you are buying a house for the first time, you can make an informed choice. There are many projects in Gurgaon, Such as Gurgaon One by Alpha Corp that you can consider for investment.

Why Residential Properties are Worth Buying in Gurugram?

Every person dreams of owning their own home one day. They work and sweat day and night to full fill this dream. But the day to day expenses often prevent a person to achieve these dreams. So they move to Renting. Although renting seems more feasible and convenient, it is nothing but a temporary fix. Moreover, one can never get the kind of contentment and ownership feeling that one’s own house will bring them.

It seems a lot to invest in an apartment in a single go. But the option of easy monthly installments and low interest loans has made buying an apartment easier. Buying a home is one of the most important decisions in a person’s life and one should put in good thought before investing in it.

Having said that the residential properties in the area of Gurugram are in great demand and it is the new city to invest in. This city offers everything one can dream of but let’s look at some of the main reason to get a dream home in this area

·        Location

Gurugram is located southwest to the national capital of the country, Delhi. It is third largest financial and technical hub of country. It houses more than 250 Fortune 500 companies. It is a great place to reside and have a career in. Moreover, Gurugram has some beautiful areas like the Golf Course Range, Huda City Centre, and City Skyline etc.

·        Amenities

Being the IT city of North India, the city has every amenity one can think of. From entertainment, performing arts, museums, cafes, sports, religious offerings, this city has it all. Hospitals, schools, colleges, ample security with adequate police force are also here for the resident’s service. 

·        Transportation

Getting in and around Gurugram is extremely easy. One can travel via roadways, railways, metros and flights. Thousands of people commute to Gurugram every day. The roads are extensively laid down. Railways and metro both help people travel within and outside the city. A special rapid metro connects sector within Gurugram. The Indira Gandhi International airport is also located just outside the Gurugram city limits.

·        Affordability

Unlike what most potential home buyers would think, affording a home in Gurugram is not that expensive. The city has to offer something for everyone. One can mostly get more than what they bargained for. Options range from an apartment, villa, and bungalow to a builder floor and residential plot amongst other things.

·        Appreciative Investment

The real estate sector keeps seeing its highs and lows every few years. But investing in residential property can never be a wrong move, especially in a city like Gurugram. Being the financial hub of North India, there is a high demand for property in this area. The property prices are going to mostly increase here in the coming areas which means that rents are going to rise too. Having your own home would save money otherwise spent on rent. It will also add profit in terms of the appreciation value in the coming 5-10 years.

With so many facilities and options available, one sure must invest in Gurugram. The path to own your dream home in a beautiful city is just a step away. All you have to do is take a leap.