Monday 20 April 2015

A Guide to Buying a Property in Gurgaon


Gurgaon is one city that has umpteen number of options when it comes to real estate. Investing in real estate is as easy as a breeze. There are many factors that you should keep in mind before investing in new launch projects in Gurgaon. Let us look at a few of them.

Finalize a Budget

Always have a realistic picture of the budget you have and how much you can spend. Knowing how much is friendly for your pocket is a great way to assess the property type and section you would want to concentrate on. Finances are the most essential part of buying property. If you know exactly how much to spend, then filtering searches becomes really simple. It will also give you a real picture of the home loan that you need to borrow and the EMIs henceforth. You can always wait and make the right call at the right time then.

Location is a Key Factor

Zeroing down on a certain location is essential for you as knowing what suits your needs is necessary. Location is also shortlisted on the basis of your budget. In order to be clear on that you should be aware of your requirement. This also serves as a way to know the resale value of your property which highly depends on the location. The amenities and infrastructure provided by the authority there should be in sync with your choice and wants.

Resale Value

If you are investing in property, then the prime purpose is investment. If a property is not worth a resale then the purpose is lost. Factors like the location, surroundings, amenities and past property trend, become important when checking the resale value of a certain property. The understanding of a property and how it will affect the value in a few years is key. Also things like the building of metro route or big roadways boost the value of a real estate venture.

Legal Aspect

Owning a property is directly proportional to following the local government's rules and having a basic know how. As investment in property is a long term thing, you should be well aware of the legal aspects of purchasing, renting and leasing out a property.

Loan Eligibility

This is perhaps the most important point as loan eligibility is one thing that is a major factor in deciding what property option you can go for. Many websites offer you the option of a loan calculator and repayment capacity. These are helpful and essential tools.

One property option that will fulfill your requirements is Supertech Azalia sector 68 Gurgaon. The property offers the option of 1, 2 and 3 BHK apartments. These come in various sizes starting from 600 sq. ft. to 1200 sq. ft.

Supertech Azalia is an affordable project with prices starting from 35.4 lac to 70.8 lac. With all world-class amenities, it is a one of a kind project designed to keep your senses engaged.

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