How is New Gurgaon area to buy a flat?

Q: Is it wise to buy flat in New Gurgaon area? please post your reviews.

Gurmeet,

24th May 2013

Buying property in Gurgaon

gurgaon real estate

flat in new gurgaon

new gurgaon apartments

Follow Discussion

Also see discussions for

Gurgaon Buying property Buying property in Gurgaon

Replies (6)

Hi, I would advise you not to buy ready flat.. buying an under-construction apartment that would be completed after 3 years would be a better option. The area would take few more years to become popular, so it is good if ur flat will be ready by then.

Sukhwinder Kher, Gurgaon

16th June 2013

Comment

You can check New Town Heights project by DLF. It will be ready this year. Price 4700-5200 sq ft.

Manisha Soori, Gurgaon

16th June 2013

Comment

The rental value is also expected to be good only after around 6 years from now.. if u are looking for immediate use then better go for other areas.

Suneet Jain, Bhiwadi

16th June 2013

Comment

How abt the rental market in New Gurgaon?

Praneetha, Delhi-NCR

10th June 2013

Comment

Dear Praneetha, The rentals in Gurgaon are anywhere between 2-3% for Residential. The rentals are high in commercial properties. Further if you buy a property which is under construction then your rentals are in range of 5-6% which starts after completion of project. Let me know your requirement to support you in your decision.

Pardeep Singh,

10th June 2013

New Gurgaon has seen 55% appreciation in last 2.5 years.. if you are planning to invest for later use then go for flat in New Gurgaon area..

Suresh,

10th June 2013

Comment

Dear Mr. Gurmeet, New Gurgaon is one of the best area for investment in Gurgaon. It has given a return of about 25-30% YOY on investments in last 3-4 years and will continue to give a similar returns for next few years with possession starting for about 10 projects in that area. You can contact us for your queries. We will help you in selecting a property suitable in your budget.

Pardeep Singh,

1st June 2013

Comment