All you need to know before investing in residential projects in Gurgaon

Investing in real estate is a very good option to double your money. And Gurgaon is among the best location for making an investment with high appreciation value. Because there are ample of residential projects in Gurgaon for investment, that varies from villas to luxury flats to affordable homes. The projects are mainly from the house of the leading builders in the real estate sector which increase the trust factor.

Further, due to the establishment of the corporate sector and infrastructure development like Delhi Metro, there is a great demand for rented homes or even for sale. The demand majorly comes from the working class group who either wants to move to Gurgaon on a temporary basis or those who wants to permanently settle down in Gurgaon.

But before buying or investing in residential projects in Gurgaon, it is necessary for you to know the factors that make Gurgaon a suitable location for investment. Therefore, here are some details that can help you with a successful investment venture in Gurgaon.

1.Fast growth rate of Gurgaon

2.Interest from the NRIs

3.Various ways to use your property

4. Registration fees and stamp duty

•    Gurgaon has experienced a very rapid growth in the past years. From a small village, it has transformed into a high-end metropolitan city comprising of leading corporate firms, malls and several residential options. And still it is experiencing continuous growth in terms of the metro, corporate houses and many more. Due to which there is a rise in population in Gurgaon, that has resulted in an increase in demand for residential projects in Gurgaon. Therefore, looking at the growing demand, investing in Gurgaon can be a great opportunity for the investors.

•    Due to the development of lavish and luxurious residential projects in Gurgaon, there is a great interest from the NRIs. Purchasing a property in India has become very secure and easy with the help of various reforms by the Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI). An NRI with the intention of shifting to the country  or to earn extra by renting out might choose Gurgaon for investment purpose.

•    If you are purchasing a property just for the investment purpose, then there are several options by which you can earn good moolah in Gurgaon. You can either rent out the entire apartment or separate rooms to the students or the employees of the companies in Gurgaon who does not want to permanently settle in this region. Or you can buy a property in it's under construction stage, hold it and sell it later when the prices will rise.

•    Registration and stamp duty fees are mandatory for any property purchase in India. But every region has different rates, which depends on who is buying the property. The rates will be different if you are buying the property individually or in case you are purchasing jointly.