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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Gurgaon > Need Flat for End Use After 2 years - New Gurgaon or Dwarka
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Old March 19 2012, 06:17 PM   #1
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Default Need Flat for End Use After 2 years - New Gurgaon or Dwarka

Dear All,

1) I have to finalize a flat very soon so that I can start living there after 2 years.
2) I am really confused whether I should buy it in Dwarka or New Gurgaon.
3) I do have a school going kid so not sure if New Gurgaon has or will have good schools.
4) My job is in Gurgaon near Shankar Chowk.

Any suggestions will be highly appreciated.

Thanks in Advance,

 
Old March 19 2012, 06:34 PM   #2
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Dwarka is better any day for that time horizon and end use, new gurgaon only for 3+ (ideally 5) years. However I am not sure if you'll get same price in Dwarka.
 
Old March 19 2012, 06:56 PM   #3
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Quote:
Originally Posted by gurgaon79 View Post
Dear All,

1) I have to finalize a flat very soon so that I can start living there after 2 years.
2) I am really confused whether I should buy it in Dwarka or New Gurgaon.
3) I do have a school going kid so not sure if New Gurgaon has or will have good schools.
4) My job is in Gurgaon near Shankar Chowk.

Any suggestions will be highly appreciated.

Thanks in Advance,
\

My POV:If you can afford Dwarka now, you can afford New Gurgaon any day. The price increase in Dwarka will always remain higher than New Gurgaon as it is in capital city.
 
Old March 19 2012, 10:04 PM   #4
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I agree, go for Dwarka now, and in 5-6 yrs time, if Dwarka Expressway becomes livable consider moving to DXway.

Meanwhile enjoy Dwarka's family friendly location/amenities and appreciation. Dwarka has lots going in its favour over the next 5 yrs - major infrastructure projects such as
- Golf Course,
- football stadium,
- 1 operational sports complex and 2 more in the works
- emerging education/institutional hub
- Diplomatic Enclave
-..etc

and since these are DDA plans they will not get changed overnight. Execution may take a while but things will happen.
 
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