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Important Factors to Consider Before Buying Flat or Commercial Complex in New Gurgaon

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Newtown Square Building
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Important Factors to Consider Before Buying Flat or Commercial Complex in New Gurgaon

New Gurgaon is known for its world class and extravagant properties, and is also emerging as hub for affordable residential as well commercial properties. The properties in New Gurgaon are pulsating, being planned and designed by the worlds top architects and landscapers. Investors are happy on making liberal investments in lease and commercial apartments, as going by the past history records, returns are assured and lucrative. The location serves to be perfect real estate destination for all sorts of sellers and apartment purchasers. So, if you are planning to purchase flat or commercial complex in New Gurgaon, then simply choosing location isn’t a wise decision. If you want to invest in property, then it is important to weigh some factors. Because real estate investment is not simple as you think. Here’s help for you to get rid of all the decisive complexities:

Location :

The location of property plays important role in its value and is first deciding factor when it comes to buy property. Make sure that selected property is commutable through all modes of transport and should be closely located to malls, hospital, linkage to highway, commercial hubs and airport.

Market Value :

All owners want to get a higher price for their residential and commercial space when they want to sell. The price you pay for a property today will be beaten by a good price after three, five or ten years. So, resale value that can be gained in the future is second most important thing.

Opportunities to Expand in Future :

Don’t forget to analyze if property has broad range of opportunities to fit the requirements. We know that future is unpredictable and any business can face closures. Make sure property has sufficient takers for lease in the near future.

Availability of Services :

Before finalizing flat or commercial complex, it is important to analyze support services such as security, parking space, and modern technology such as WiFi and lift. These services will help to run your business successfully and get great resale value.

Neighbourhood and Infrastructure :

Infrastructural development in surrounding area impacts value of property. Metro rail connectivity and flyovers are some such developments to consider. Drainage, water and electricity availability are important factors to consider before purchasing property.

So make sure that the property selected consists of features which include new age architecture, well planned spaces, environmentally-friendly surroundings, clean atmosphere and ample security systems.

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