Vikas Rikhye, Real Estate Blogger and Real Estate Gurgaon Consultant

After feeling the heat of recession ,the concept of “Assured Returns on Investment in Gurgaon” is gaining momentum , that shows the signs of market revival The investors having experienced the results of rash/short term investment, are now looking at safe & long term investment plans.

The properties rented to Multinational companies {MNCs} & Banks have become targeted investments .The investor now seems to settle for lesser returns as compared to earlier, but want “Assured Returns”.

A large number of investors are finding their destination on Sohna Road Gurgaon, where the presence of companies like Lenovo, Xerox, Global Insight is already being felt & brands like , Reebok, Rockport, Levis, Puma are about to show their presence. HDFC Bank on Sohna road is already a land mark.

Eateries like Wimpy, Cafe coffee day, Costa Coffee, Papa Johns, Danachoga are going to be amongst Kwality walls & Cream bell .The “shopping scenario” on Sohna Road is expected to undergo a big change in coming future.

As a result the rented properties on Sohna road are available on 7% to 9% Assured returns. The investors are increasingly getting interested as they can see the facts on the ground & are not left to imagination.

The trend continues to be positive for the following reasons:

• Gurgaon a hub for MNCs: Offering ideal working environments , Gurgaon, has become a hub for MNCs including BPOs & KPOs in Gurgaon.
• Gurgaon Properties are having a wide range of choice in Villas, Luxurious Apartments & Bungalows, as the prominent builders /developers like Unitech/ DLF are delivering the end product very close to international standards , having a positive scope of appreciation.
• Assured Return on Investment: In commercial sector, the properties are being offered on lucrative assured return basis as compared elsewhere.
• Close Proximity to IGI Airport: Gurgaon being in NCR {National Capital Region} & having close proximity to International Airport, has its own added advantage.
• NRI Services in Gurgaon: In Gurgaon a number of professional companies are offering their services to NRIs in the field of **Facility Management, Event management , Security Management & other essential services, bringing a better comfort level to NRIs
• Gurgaon Lifestyle : With existence of Golf courses, Modern Hotels, Multi-cuisine restaurants, Clubs ,Shopping malls, Gurgaon has placed itself, at a higher pedestal of lifestyle.
• Hospitals in Gurgaon:. Specialty Hospitals like Paras, Artemis, Forties, Max & Medicity not only attract medical tourism in Gurgaon but also reassure of the Healthcare facilities in Gurgaon, matching international
• Commuting Comfort: Ideally located on NH-8 with eight lane express highway & connectivity to Delhi by Metro by January 2010 brings Commuting Comfort level for Gurgaon.

Factors as stated above & Master Plan 2021 make NRIs & other investors “Gurgaon” as a long term investment destination.

Disclaimer

The Author is a freelance Blogger and real-estate consultant,The readers are advised to do their own research & analysis before taking any action. The author is not responsible for any consequence good or bad . The author is only delivering his views & inviting response in the way of comments/views from the readers

Vikas Rikhye, Property Consultant and Blogger

Investment in Real Estate Gurgaon is taking a very interesting turn. Despite the fact that in a very recent past the Residential properties in Gurgaon are showing positive signs, yet the investor in Gurgaon are seeking opportunities to invest in the properties having an advantage of “Assured Return on Investment” & this trend of investment seems to be picking up.

The concept in definite terms gives a comfort level to the investor but at the same time, the investor has to be very careful while investing & should keep the following cautions in mind:

Check the facts before investing:

About builder:

• That the Builder should have a good track record.
• The property offered should have all requisite sanctions, License and permissions from the competent authorities.
• That the property should be free from all kind of claims .mortgages and encumbrance.
• That the building in which property is offered has all the required completion & occupation certificates.
• That if required proper search report should be obtained from a legal expert

About the occupant:

• That the occupant has proper financial stability.[ As it has been observed in the past that some of the IT companies just disappeared due to lack of finance/orders} However it is safe to take expert opinion, who can furnish. the fact about the company/occupant after its findings.
• That terms of the Lease agreement should be carefully read & understood {legal opinion required}
• That the Lease agreement should be registered at 1st place & the Lease agreement should be registered subsequently as well.
• That there is sufficient “Lock in Period” to cover the risk factor.
• That in case of Retail outlet, pleas ensure that there is sufficient footfalls to ensure the existence/survival of the occupant in terms of profitability{Out source an agency to give its report}
• That the occupant is no where close to insolvency/bankruptcy

About the Individual Seller :

Beside the afore mentioned points in case of an individual seller the following points should be considered:

• That property is not under any family disputes.
• That there may not be any Third-Party claim.
• That there may not be any Silent Agreement.
• That the seller in the past has not executed any POA {Power of attorney}

That in case of POA transaction the original owner should be alive.

Besides as stated above please ensure that dealing should be conducted thru reliable/reputed Brokers & with the consent of legal experts. How ever, it is felt that “Options of Assured Return on Investment on Sohna Road are better as compared to “Options of Assured Return on Golf course road & MG Road Gurgaon.

Disclaimer

The Author is a freelance Blogger and real-estate consultant,The readers are advised to do their own research & analysis before taking any action. The author is not responsible for any consequence good or bad . The author is only delivering his views & inviting response in the way of comments/views from the readers.