Guys,

I have 70 lakhs to invest in gurgaon and I am in dilemma where to put in my money.My objectives are maximum appreciation in 5 years .
My thought process :-

Option 1.) Invest in NH8 property available at the range of 3500/psqyd . It may double in 5 years provided the development takes place . Past experience tells that properties entered at right price tend to give best returns. Will be easy to dispose.

Option 2.)Invest in SPR/GC extn smaller property at the range from 4400 - 5000 / psq yd. It may double in 5 years but won't be easy to dispose . Other thinking is if within this time Real Estate Regulatory law comes into picture then we may see properties launched at much less price by builders and that may effect this investment.


Would really appreciate your inputs on this and please vote in Poll as well..

Thanks in Advance!!

manu hardly any options in 70L bracket in GCX/SPR...
with SPR completion NH8 would be 6 km and most projects in radius of 8-10 kms/20 min of travel....
most users i believe would prefer a 5500-6000/- 1300-1500 sq ft appt than a 900-1100 sq ft appt at 8-9000...
( ofcourse you may consider a spire/era/today/CHD at NH8 Prices currently- i see a lot of ppl starting to consider these now believing how worse can these builders be than the earths/siddhartha/eras )

with your long term view go for NH8... the area will develop and 5 years is a good time frame...

just stick to a decent builder... it always pays in long run...

Manu for maximum gain with maximum risk, go for GCX. If things work out, you will gain more. In downturn, you may not gain much

If you want less return but more sure exit at 5 years, go for NH8