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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Gurgaon > Pls advise-Investment in Gurgaon|Budget 7-10 Lacs
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Old April 4 2011, 12:22 AM   #1
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Default Pls advise-Investment in Gurgaon|Budget 7-10 Lacs

Dear Members

Need your suggestions for investment options available in gurgaon for 6-12 months in Residential/Commercial property.

Budget- 7-10 Lacs.

A few brokers have suggested Ansal heights sec 92, Era Sec 103, Parkwood westend Sec 92, SOHO in Sec 74 & SOHO Princeton Sec 67. Am not sure of these projects.

I understand that my budget is very small for the currently OVERHEATED GGN market. Still I feel there can be an opportunity to be benefited out of it.

Kindly advise. Thanks!
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Old April 4 2011, 12:27 AM   #2
 
 
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The budget is a big constraint here & since the market is overheated & in case correction happens, u could lose money in yr. anticipated holding power of about 6 months .
 
Old April 5 2011, 10:45 PM   #3
 
 
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You need to invest in a project, which is in prelaunch, because -

a) So that the money u need to invest (7/10 L) could be stretched for a longer period of time, so as to result in a better ROI .

b) Obviously, for the lowest possible BSP .
 
Old April 6 2011, 12:26 AM   #4
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Good post..haha
 
Old April 7 2011, 12:31 PM   #5
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Quote:
Originally Posted by Propsearcher View Post
Dear Members

Need your suggestions for investment options available in gurgaon for 6-12 months in Residential/Commercial property.

Budget- 7-10 Lacs.

A few brokers have suggested Ansal heights sec 92, Era Sec 103, Parkwood westend Sec 92, SOHO in Sec 74 & SOHO Princeton Sec 67. Am not sure of these projects.

I understand that my budget is very small for the currently OVERHEATED GGN market. Still I feel there can be an opportunity to be benefited out of it.

Kindly advise. Thanks!
do not invest in all these properties because premium is not possible in these properties before 1 year. in 1 year you have to pay 40 to 50%.
 
Old April 7 2011, 03:56 PM   #6
 
 
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Quite true, that is why i said that property in prelaunch needs to selected carefully where the money u need to invest (7/10 L) could be stretched for a longer period of time, so as to result in a better ROI . In one year, u might have to otherwise pay at least 30 % of the apartment value .

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Originally Posted by neerajdagar View Post
do not invest in all these properties because premium is not possible in these properties before 1 year. in 1 year you have to pay 40 to 50%.
 
Old April 7 2011, 04:01 PM   #7
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bhaiya iss hii taak mei toh hum sab baithe hain ... agar iss sawaal ka jawaab ho toh hum sab 4-5 cheques na laga de uss project mein ??? Lol .... with this kind of approach study/builder/location have little significance , main importance would be of luck !!!

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