Gurgaon real estate is amongst the most sought right after properties as a consequence of its diverse facilities and proximity from South Delhi. Construction Enterprise plus the developers in the genuine estate in Gurgaon are providing properties for pretty much each section of the persons and these properties have featured with rich accommodation at very affordable rates. Individuals can invest in Gurgaon actual state in quantity of fields that include things like apartments, commercial house, residential flats, agriculture land and industrial space.
you get to choose between buying a beach house in Florida and an apartment in Gurgaon, what would you prefer? While the great American dream may seem like obvious choice to many, the dollar-rich expatriates think other way around.
The reasons are quite simple – higher rate of appreciation, better periodical returns on investment and a consistently-weak rupee. No wonder, the non-resident Indians (NRIs) are preferring to invest in Gurgaon over international destinations. On one hand, most international property markets are still struggling to recover from the impact of recession, on the other Gurgaon has managed to grow consistently over the last decade.
“We were lucky to have invested in a flat in Orchid Petals back in 2003. The property that we had brought for Rs 49 lakh is now worth Rs 1.8 crore. All the property we had brought in the USA has gone through devaluation. If we were to sell anything today, we will not even be able to our original investment back,” said Malay Mondal, an IT professional who works with Apple Inc in Chicago.
Property agents and consultants say calls from NRI clients have shot up again ever since the fall in the value of rupee. “We get three to four genuine calls from Indians living abroad who want to invest in Gurgaon’s upcoming projects every week. We also get calls from those who want to buy apartments to shift back home,” said Ajay Midha of Ray White, a global property management company which has recently set-up shop in Gurgaon.
The advantage of weak rupee, however, is not there for short-term investors. “Even if NRIs buy more property here now, they would have to wait to sell them till the recovery of rupee,” said, Avinash Piplani, a property agent.
The leading property dealers in the city have special teams dedicated to NRI investors.
“For us, it’s almost like managing an investor-portfolio. We provide our clients end-to-end services. It’s not just about selling a property, but also about maintenance, getting tenants and resale. Most of the NRIs showing interest in the Gurgaon properties are living in USA and Australia.
Courtesy by indianrealtynewsdotcom
Lotus Greens Sector-89, Gurgaon:Lotus Greens A project is being launched by developer (Nirmal ji – Founder) who have already done Lotus Panache, Lotus 300, Lotus Boulevard, Greenopolis etc. They have already delivered 15 mn sq ft commercial space and 25 mn sq ft residential space.
The project is situated in . From excellent roads to well-developed infrastructure and most sough after neighborhood, everything here makes it a great residential destination. The project is located close to National Highway No. 8 (NH-8) and 150 metre wide Dwarka Expressway, which connect residents to Delhi and NCR regions.
has a fitted modular kitchen which one can redesign as per requirements. Flooring here include imported marble in living and dining room and laminated wooden flooring in bedrooms. Ample sunshine and fresh air is accessible via well-placed balconies adjoining almost every room. Appealing architecture of the project has been designed by British architecture Benoy.
Lifestyle amenities offered here include signature club on 2 acres, spa, gymnasium, Kabana- pool side cafe, library and aqua gym. The project will also include concierge services like laundry, cab services and utility bill payments. Round-the-clock security is promised here. Some of the measures include access control via smart cards, boom barriers and fire sprinklers.
In vicinity of lie Tulip Petals, 3C Greenopolis and Ferrous City Phase I.
- Complete Infrastructure and Roads in place.
- Lotus Greens Sector 89, is located in close proximity to 150m wide Dwarka Expressway.
- Lotus Greens Gurgaon, is strategically connected to NH8 both before and after the Toll.
- Lotus Greens, is strategically located between Sector 88 (Commercial) and Sector 94 (Open Spaces) one of the lowest density sector of Gurgaon.
- Lotus Greens 89, is ensconced between 135M multi-utility corridor on one side and 75M wide Pataudi road on the other.
- Concierge Services.
- 100% Power Back Up.
- Mechanical Car Wash System.
- Dedicated Parking Areas.
- Religious Buildings.
- Tie Up with Hypermarts.
- Nursery School and High Schools.