Choosing the Perfect Home in Gurgaon: Factors to Consider

It is extremely mandatory to draw a proper checklist before you begin with your journey of investment. The checklist is made when the potential investor starts with the research work. Investment in the real estate market is one of the most crucial decisions for every investor. Hence, it is highly significant that as an investor, you should conduct a careful and thorough search.

Choosing the Perfect Home in Gurgaon: Factors to Consider


A) INTRODUCTION

It is extremely mandatory to draw a proper checklist before you begin your journey of investment. The checklist is made when the potential investor starts with the research work. 

Investment in the real estate market is one of the most crucial decisions for every investor. Hence, it is highly significant that as an investor, you should conduct a careful and thorough search. 

Gurgaon is the only city in the entire region of Delhi NCR that offers a never-ending series of residential accommodations. Gurgaon offers independent builder floors, high-rise apartments, plots, and villas.  

All the above-mentioned categories come under the affordable, premium, luxury, and super-luxury residential segments. Thus, you can choose according to your budget. 

As you will move ahead, you will get to read about all the prominent factors which will help you to choose your dream home. As an investor, buying or investing in a property is once in a lifetime opportunity for most end-users. 

Let us dig in more to understand the housing segment of Gurgaon in-depth !!

B) RESIDENTIAL SEGMENT OF GURGAON

The residential segment of Gurgaon has flourished tremendously. Moreover, the growth of infrastructure became a major reason for the incredible rise in the housing segment of Gurgaon. 

Moreover, the emergence of top multinational companies, IT Companies, business parks, start-ups, and other office spaces was another significant reason for people to consider this tremendous location. 

All these reasons made Gurgaon the best location for people to work and live. This city is consistently witnessing price rise on a yearly basis which is due to an ever-increasing demand with respect to diversified variety in the residential market. 

The table below signifies a consistent increase in the rates of the residential segment of Gurgaon, i.e. from 2020-2022. An increase in demand and price means that the returns on investment will also be great. 

PRICES OF RESIDENTIAL ACCOMMODATIONS (2019-2022)

TYPES

2020 (Oct-Dec)

2021 (Oct-Dec)

2022 (Oct-Dec)

Flat/Apartment

Rs.9600/Sq.ft

Rs10450/Sq.ft

Rs.13800/Sq.ft

Independent Builder Floor 

Rs.6742/Sq.ft

Rs.7760/Sq.ft

Rs.8250/Sq.ft

Residential House 

Rs.7169/Sq.ft

Rs.8388/Sq.ft

Rs.12848/Sq.ft

As we move forward with the article, I am now going to explain all the factors that you need to keep in mind while looking for an ideal property. 

1. FINALIZE A GOOD LOCATION

This is the first and foremost step that you need to take before you move ahead with other factors. Whether you are looking as a bachelor, couple, or family, you need a location that is safe and central to all other locations. 

While deciding the final location where you would like to build the foundation of your dream home is a crucial decision to make. 

Generally, people want to reside in a place that shares proximity with employment hubs, hospitals, schools, high-end retail stores, and good connectivity. Hence, it is important that you look for a good location to have a better future.

2. SELECT THE TYPE OF RESIDENTIAL ACCOMMODATION

After you decide on the location, you need to decide on the configuration and type of household. For instance, whether you want a villa, an independent floor, or a sky-high apartment. Configuration includes whether you want to buy 2BHK, 3BHK, 4BHK, or more. 

Moreover, you have to select the configuration according to your needs and budget. If you wish to take a home loan for investing, make sure that the amount of EMI should not be more than 25% of your monthly income. 

Also, crossing your budget to buy your dream home is never a wise decision. Hence, it is mandatory that you stick to your budget strictly while finalizing the property. 

3. CHECK YOUR NEIGHBORHOOD

Now comes the third most vital aspect as you conduct your research. It is mandatory to choose a neighborhood that is decent and offers mesmerizing views. 

There are several areas in Gurgaon that offer mind-blogging picturesque views from the residential units. 

Golf Course Extension Road is an ideal example of a locality that has become exceptionally in demand. This area is the best affordable alternative to Golf Course Road. You can easily find numerous astonishing properties built by well-reputed builders. 
 
One such upcoming residential property that is all set to launch in sector-62, Gurgaon is Emaar Urban Oasis by Emaar Properties. 

I am sure you all are aware of the reputation of realty major Emaar Properties and his works. What you don't know yet is that Emaar Urban Oasis is going to be a revolutionary project in the real estate market of Gurgaon. 

Emaar Urban Oasis is an embodiment of the plush and comfort where you will get access to all 5-star amenities. 

If you are still wondering where to invest, then don’t wait and get on board by conducting thorough research. 

4. ANALYZE ALL AMENITIES

Once you finalize the property, you should check whether that selected property has all the amenities. My advice to you would be always select a property that has all ultra-modern amenities which can be accessed by all age groups. 

Such lavish amenities include an infinity pool, exclusive clubhouse, playground, lush-green garden, a boulevard lined up with trees, playground, sports court, jogging path, pristine walking trail, game room, tennis court, basketball court, multipurpose lounge, etc. 

All such amenities are the essence of a particular property which makes them an ideal place to reside in. 

5. PROXIMITY TO ALL INFRASTRUCTURAL FACILITIES

As an investor, you must know the importance of the presence of all infrastructural services in close vicinity to your house.

Infrastructure includes good connectivity of roads, availability of several modes of transportation, hospitals, schools, colleges, retail stores, and employment hubs. 

All these are much-needed basic amenities that are required on an everyday basis. I must tell you that Golf Course Extension Road has the best connectivity to different locations.
 
This area shares seamless connectivity to Golf Course Road, Sohna Road, New Gurgaon, Southern Peripheral Road, Dwarka Expressway, Delhi-Mumbai Expressway, and DLF Cyber City. 

Moreover, this area is well-equipped with all infrastructural services so that all the residents like the utmost smooth life. 

C) CONCLUSION

This article comprises all the prominent factors that are considered by all investors when they begin with their investment journey. 

I have emphasized on the best area of Gurgaon, i.e. Golf Course Extension Road because investment in this locality yields great profit for all investors. 

Moreover, if you read this article carefully, you will be able to make a sound and well-informed decision.
 

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