Hi,
Look following things before investing,,,
1-Look at the land parcel and got verify in authority,we have kapashera authority and
2 Important things analyse land locations also as it would decide your project locations.
3-Check registration and background of any developers//societies before investing.
Now in delhi,the hot destination is L zone,which has highest scope for rate of appreciations,,,and land pooling policy is cleared on paper once it is done on paper ,,believe rate would revised to 7000 thousand per sq feet
Well guys ,these are all the positive factors why someone will invest. But what are the various issues that should be avoided at the time of buying property in DelhiNCR ?
Hi Raj, There are many areas best to avoid for property buying or investing. Many issues such as possession delay, negative conjectures about the growth of the location, over supply as well as shortage of required infrastructures are making the location inappropriate for first time home buyers as well as investors.
@ Raj Roy,
I think Greater Faridabad is not suitable for fir time property buyers. Why because ,Faridabad is a nice plotted area having many investors and buyers, but Greater Faridabad is having possession issues by builders, disputed lands & many incidents of conflicts between builder & buyer. These conflicts, legal issues & possession problem are putting investors & buyers in problem.
Hey Raj,
In my opinion, in Greater Faridabad ,you will easily get property in affordable price. In whole NCR, lowest appreciation is in this area. The infrastructure arrangement has not hold speed with the impressive residential improvement in this area. Neither the enhanced connectivity to Delhi by means of the national highway nor the metro or new highway to Gurgaon have changed the real estate market of this location.
@ Mr raj,
There have incidents of developers departing suddenly after selling numbers of apartments as they could without completing the projects. A few cases, purchasers have been demonstrated plots on in a specific area or a map however getting physical ownership of plots completely in an another different location.
Hi Guys,
In the middle of Faridabad and Greater Faridabad, the majority of the new residential construction has happened in the last, yet not many projects have been completed in this way. According to investors, this area has to be forgotten. The poor reputation between builder & buyer made high alert for investors & end users. Before purchasing any property they need to reconsider & reconsider.
Hi Raj Roy, If we will talk about over supply, Noida extension will come first. As per sources nearly 2lac units are here as scheduled to come to market, above this land acquisition issue is another element of prices are extraordinary to acknowledge much. The dispute & litigation are the reasons for long delay in possession. So govt.has decided to compensate builder by giving them higher floor area ratio. Which is good for builders.
Hey Guys, As per my knowledge, higher floor area ratio may be an initiative taken by authority to assure developers but this will bring about far more significant development blockage that was initially visualized for this region. Possession delay of projects are another matter. The following litigation & delays, causing higher compensation being given to farmers for their plots, has additionally diminished general affordability.
@ Raj, According to latest news, in spite of its unbalanced housing supply, Noida Extension has lost a lot of its prior engaging quality. Despite the fact that the metro and a wide primary road joining Noida to Noida extension are on top, overcrowding will transform this zone into an unacceptable solid jungle.
Guys, I think Delhi L & J zone is not suitable for all kind of property deals. Property buyers ought to stay far from Delhi L & J zones and positively not succumb to land pooling options. There is nothing lucrative for small budget plot purchasers here. With the new land pooling policy set up, fringe areas like Delhi's L & J-Zone have turn out to be hot spot markets for land.
Delhi L & J zone is actually having plenty of plots. But this is not sufficient for the real estate growth. Flats or apartments you can buy now ^sell after 2-3years & you may get handsome amount as return. But if investing in plot ,you have to wait either for 5+years time or you have to depend upon up on locality development as well as infrastructure development. Which is little bit boring & risky & time consuming. There are even chances of not getting good return also.
In my point of view, investors and property buyers should be aware of this location while planning for any investment or any real estate deal. There is riskiness concerning land reservation or land demarcations in L & J zone. Social infrastructure is a major issue here. Currently L & J zones does not have required infrastructures. So these two areas may become hot spot for land buyers but not good for apartment or flat buyers .
Hi Guys, As per the current news, despite the fact that Ghaziabad has a few projects lined up and great choices in affordable housing and township projects are accessible, price appreciations will be inspired by its future industrial development. Additionally, its feasibility as a residential location will count on infrastructure arrangement.
Six lane expressway has been propounded, yet it will take more than 5 years to be manufactured. As of now, there is a major traffic issue at Indirapuram, and people driving here will need to face this traffic problems daily. People should think twice before moving here, only if they are ready to face these issues daily. What's more, investors ought to reconsider about the area while investing here.
Hey Guys, Talking about Gurgaon, now there is a statutary warning for buyers & investors. Check the construction status. Delay in possession has become a very common problem for all types of builder as well as developers in Gurgaon. Stay away from pre launch projects. Focus on completed project or resale completed units from investors. You will be safe by this, otherwise possession delay will be a headache for you.
@ Raj Roy, Many subvention schemes are popular in these days in this area and per sq-ft price are also higher in this process. Builders will say following this payment plan you will have the project on time. But is it happening? Or buyers are stuck with one project & one developer. As of now as many as possible builder are planning to get approval from bank for subvention plan.
Hey guys, As per the current market condition, the Gurgaon market is very expensive ,the pace of infrastructure improvement is very slow as well as the motivating force for quick rapid appreciation has vanished. Now only long term investment is to think of. According to sources, it is better to check the location, price trend compare to current development , before investing or buying property.
Hey Guys, Not only connectivity & transportation are the major key here, but many initiatives taken by DDA to improve the infrastructure & real estate market are also the other reasons ,why people are investing here. I think you must have heard about the latest news regarding roads are expanding, Delhi wants to be Mumbai & foreign investment in Delhi & Delhi becoming smart city are definitely adding bonus to real estate market.
Hi Raj Roy, As per my knowledge, the main reasons why somebody will focus in this location are best economic activity, increasing personal income as well as subsequent relocation. Here you will find projects suitable for mid income group. According to me, Bhiwadi, Faridabad, Yamuna Expressway & Dwarka Expressway have shown rapid growth amazing potential over past couple of years.
@ Mr Raj , I believe, mainly people are interested to settle in DelhiNCR or to invest here, because of the easy accessibility ,transportation & job opportunity. Many IT Hubs , Industries as well as Educational Institutes are drawing numbers of individuals towards this location. By the way who does not want all amenities close to house? If any of the above said location is providing this , then people will settle their.