Top 5 advantages of investing in a low rise residential property in Gurugram
Gurugram has become a flourishing hub for real estate investment. The modern infrastructure, luxurious residential properties, easy connectivity, and enhanced safety are some of the aspects that have lured the attention of homebuyers and real estate investors. The low-rise residential properties are preferable due to many benefits they provide. If you are thinking of investing in a low-rise type luxury property in Gurgaon then you must be first acquainted with its advantages. So, let’s go through the advantages discussed below.
1) Higher resale value:
When searching for the finest affordable residential property in Gurgaon, the high resale value is one of the key factors that real estate investors consider. A huge percentage of real investors aspiring to invest in residential properties insist on investing at a cheaper price. The future resale opportunities in affordably priced residential properties are higher.
2) Ever-increasing demand:
The demand for low-rise residential properties continues to rise in the city. Real investors usually look for low-rise residential properties that are affordably priced and equipped with all the necessary amenities. Such properties are available in huge numbers in the city. They invest in these properties and later sell them for higher prices to acquire profit. By focusing on luxury property segments, real estate investors make the most of the low-rise property to buy in Gurgaon.
3) Investments guaranteed with high returns:
In Gurugram, there are many low-rise residential properties located in close vicinity to Delhi NCR. Moreover, many properties of this type are affordable. If you as a real estate investor invest in a low-rise residential property located close to prominent hubs, the property is guaranteed to sell at a high price in the future. Moreover, grabbing a chance to buy a luxury low-rise residential property equipped with key amenities will surely sell at a decent price in the future.
Owing to the growing business and IT sectors, Gurugram has witnessed a huge influx of professionals. Most of these professionals like to buy smaller, affordably priced flats. Real estate investors can take advantage of such luxury apartments in Gurgaon for sale by selling them at higher prices.
4) High rental value:
Gurugram is an IT hub, so it attracts professionals and engineers from various parts of India. Most of them relocate to this city and pursue rental homes with decent amenities. This implies that finding a tenant in the city is not quite difficult.
The benefit of investing in the city is that these professionals are happy to pay a higher rent if any homeowner offers top-notch facilities that suit their high standard of living. Hence, real estate investors can invest in a 3 and 4 BHK flat here and set it up for rent. Consequently, they will get a decent monthly rental income and get assurance of high rental value.
5) High appreciation rates:
The key purpose of the investment in low-rise residential properties is to obtain higher returns. Considering the price trends of the city and the prevailing real estate market condition, it is wise to invest here. Factors like high living standards, enhanced connectivity with Delhi, and the establishment of educational institutes & companies indicate that the appreciation rate of the property will increase.
6) Lavish nightlife and stunning city view
Many residential real estate investors approach Gurugram due to its lavish and dynamic nightlife. The city offers excellent dining facilities and trips in lavish settings. The city boasts some of the topmost nightclubs, restaurants, bars, lounges, and shopping centers.
Investing in a low-rise residential property in the vicinity of the aforementioned places suggests that such property will get quickly sold at high prices. Furthermore, when you want to sell it, you can quote a high price for the same. Many homebuyers are willing to buy such low-rise properties even at expensive prices because they are located near the prominent hubs of the city.
7) Proximity to Delhi:
A majority of everyday commuters and visitors in Gurugram are from Delhi. There are multiple benefits of living near the nation’s capital. The highway is approx. 35 km away from Gurugram. If you want to frequently move to and fro Delhi then you can invest in a low-rise residential property in Gurugram in an area that is closely connected to Delhi.
Conclusion:
Real estate investors may get perplexed when it comes to whether to invest in a low-rise residential property in Gurugram or not. The high investment potential, increasing demand for the properties, promising rental value, and access to modern amenities are some of the factors justifying that investment in a low-rise residential property in the city is worthwhile.