Points to think before investing in a new project in Gurgaon

Gurgaon is one of the most developing cities in India. It is the hum of various industries including information technology, Textiles, hospitality, healthcare and most important infrastructure. Infrastructure industry is at a boom in Gurgaon as many big medium and small builders are running or about to start several new projects in Gurgaon. 

A bunch of new people is shifting to Gurgaon every year. Facilities, opportunities and infrastructure here is so good that they are shifting here permanently and this is the reason why people are investing in the residential in gurgaon. Besides this need there is another factor that is driving people to invest in the new projects in gurgaon – high returns on investment. But this temptation comes with many risks involved with it. Since it is life time investment for many, one needs to be complete sure before investing. By paying attention to these very basic things you may escape yourself from every of them-

Location of the Projects- this is an important aspect when you are investing in a new project in Gurgaon or any part of india. Following things are to be insured-

- It should not be a disputed property

- No legal obligation should be there

- Locality around the project location

- Common facility like medical, schools, and market

- Conveyance /connectivity to the other important places like bus/Railway station.

Know about your builder- The most important factor to bring in notice when you are investing in commercial or residential project in gurgaon. Following points you must know about your builder-

- What was the performance your builder in his previous projects

- Who is investing in the projects

- Clear date of possession and what on failing on the commitment

- Know about the material used

- Get to know yourself about the rate of the property in the area and compare.

- It’s always better to know about the personal life of your builder

These are the major pints a person should look at before investing in a new project in gurgaon. Other than these factors you should also look for your budget. Never get overwhelmed by the offers and invest the amount only what your pocket allows you.

Take care of these things before investing in any new projects in gurgaon and keep yourself away from worries.