Q: Please suggest good investment in GGN (any region DWE or New Gurgaon or GCX) or Noida (Noida Expressway)
-> 3yrs hoizon for investment -> Atleast 10-15% per annum growth -> Minimum cashflow ideally not more than 30%-40% -> Locate close to any proposed metro station
Budget is flexible but since it will be my first investment, so prefer around 50-80 lacs.
As per data, the average residential property price in New Gurgaon was Rs 2528 sq ft at the end of March 2009 and it has increased to Rs 7068 sq ft in 2013. There is a rise of 180 % in 4 years. It seems to continue giving good appreciation for real estate investment.
Hi, you can invest in New Gurgaon. As u have 3 years horizon, there will be enough development by that time. New Gurgaon is a high investor market, I am sure you will get good returns.
Dear Mk Bonline, Have you already made the investment or still searching for the same. We have got good options in Gurgaon in your budget and as per your requirement. In areas like new gurgaon/dwarka expressway there has been a 15-20% growth YOY and with possession to lot of projects starting this winters, growth rate is expected to be similar. Let me know your contact details or call me for supporting you to decide your first investment.