Property market in Gurgaon

There are other reasons for the upward trend in property market in Gurgaon. Of late, the region has witnessed increased infrastructure sophistication. The nascent 8-line expressway connecting Delhi and Gurgaon is a milestone in the transportation infrastructure development in the region. Also, the Jaipur-Delhi National Highway is playing a significant role in the easy access to the commercial hub of Gurgaon. The Delhi-Gurgaon metro rail project is a landmark in the transportation developments in the region. Also, the proposed Gurgaon city rail project has added another dimension to the accessibility to the city. Undoubtedly, these projects have made the accessibility to the city very easy and convenient and this in turn has contributed to the upward trend in the real estate market in the region.

Property investment in Gurgaon

Real estate property investment in Gurgaon is one of the best investment options available. Owing to a variety of reasons, Gurgaon properties have acquired quantum leaps in value appreciation over the past decade. The presence of global corporate brands in this region is one of the reasons for this ever growing value addition. Increased transportation facilities are also causative factors here. If you are interested in real estate investment in Gurgaon, you need to gather sufficient information from various sources before taking any major decision.

If you want real estate in Gurgaon, you can have a variety of options left. The city is fast developing and you can easily get property units of flats, apartments, villas, plots, commercial spaces, shops, etc. at the main locations of the city. Barring some occasional downturns, the property appreciation map of the region shows an upward trend over the last decade. Also, compared with the volatile stock market, real estate investment in Gurgaon is a good option for the average investors.

Haryana roads to be widened

The Faridabad-Gurgaon and Ballabhgarh-Sohna roads is set to become safer and comfortable in the next two years. With Haryana chief minister Bhupinder Singh Hooda laying the foundation stone for the 4-laning of both the roads on Saturday, daily commuters and tourists can expect a hassle-free drive from Delhi to Badkhal Lake, Surajkund Craft Fair, Damdama Lake, Sohna tourist complex and Sultanpur Bird Sanctuary. The project involves an investment of Rs 180 crore.

The widening of the two-lane roads on a BOT basis is scheduled to be completed by August 2011. PWD secretary K K Jalan claimed the stretches could be ready six months ahead of the schedule. "The Ballabhgarh-Dhauj stretch could be complete in a year, while the Gurgaon-Faridabad stretch would take six more months as it's a critical stretch,'' he added.

He further said that the detailed project report (DPR) and alignment are being prepared besides getting environmental clearance for the project and the progress was satisfactory. Sources said the investment on the two stretches could touch Rs 300 crore.

Once completed, commuters will have to pay a toll of Rs 20 per trip. As the Gurgaon-Faridabad road predominantly runs through rolling terrain with numerous horizontal and vertical curves, it requires improvement for the geometric design to cater to the speed. Notably, this stretch has been witnessing several fatal accidents.

The 33.5km Gurgaon-Faridabad road starts at the Gurgaon-Mehrauli road about 2km west of Delhi border at Sikanderpur, while the 32.6km Ballabhgarh-Sohna road starts from Ballabhgarh situated 35km of Delhi-Mathura road on NH-2 and ends at its junction with Rewari-Palwal road about 53.5km of NH-71B.

According to PWD's official bid document, the Gurgaon-Faridabad road runs through urban development areas and also rural habitats. The Ballabgarh-Sohna road passes through plain terrain of the Aravali hills.

Source: http://timesofindia.indiatimes.com

Rental property in Gurgaon, a better option

Multinational company and other sectors are finding rental property in Gurgaon a better option in comparison to buying it. The returns in leasing or renting a property are impressive and profitable. In the past few years, the capital values of the properties in Gurgaon are increasing day by day. Therefore there is a gradual decrease in the buying capacity of business sector. Instead, the firms and industries are opting for rented commercial space in Gurgaon. There is also major difference between the capital and rental value of the space. Capital value of almost major commercial space is approximately Rs 14000 to Rs 15000 per square ft and for the same property the rental value is Rs 100 - Rs 125 per square ft.

Technorati Profile

Signature Tower || Gurgaon By Unitech Group

Unitech group has launched a new commercial project Signature Tower||, Gurgaon. It is located at sector 15, NH 8, Gurgaon. The area of the project is 3.79 acres and has two towers A and B. A tower has ground + 10 floors and tower B has ground + 7 floors. It will offer commercial office spaces. Unitech Tower II gives excellent amenities like sky garden, landscape garden, multi-level parking, air-conditioned and many more. Unitech developers are one of the largest real estate developer of India having capitalization of US $ 5 bn. Unitech group has twenty years of experience and comes in top 100 realestate developer of the world.

Unitech To Start a New Project in Gurgaon

• Unitech 'Habitat' project is taking off in Greater Noida so it is expected that unitech will soon announce a more projects in Gurgaon(NCR).

• Market is already ripe with rumours that Unitech will soon start new projects in Gurgaon so brokers, dealers and banking institution have engaged themselves by sending bulk sms and cold calling to beg for cheques from there clients.

• According to the sources rates will fall in between Rs. 3600/- to Rs. 4200/- per square feet. The price can also rise and the most potential area where the project can start is South City II plot of Unitech, bordering Nirvana Country.

Things You Should Do Before Selling Your House

When selling one's house it's not an easy task from where to start as real estate market is full of uncertainty. During any year the market can change drastically and can proof good or worse. The constant factor that matters is the price. Before selling your house you should be well planned, how to get start with the selling of you house. Here are some tips which you can follow:
Real Estate Market: You should be aware of present market real estate scenario specially what is the market value in your area. The things includes: how many houses are on sell?, what is the asking price for the house on sell?, how many houses have been sold recently?, what is the average rate of selling? Taking these into account will help you from where to start, what price you should keep for your house and how muck time it will take to sell the house.
Preparation Before Selling House: Preparing your home for sell is very important. Buyer wants a tidy and well maintained home. Things you should do to maintain your house before selling are as follows:

• Clean all the entryways and doorways

• Pack all the unnecessary items and put them in store

• Add color to the front of the house and plant flowers

• Trim all the shrubs and bushes

• Clean the exterior of your house

• Clean the lawn

• Clean the inside of your house thoroughly

By doing all this it can help speed up your selling process.