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Investment Options : Property for 60L in Gurgaon

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Investment Options : Property for 60L in Gurgaon

Last updated: March 18 2012
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  • Investment Options : Property for 60L in Gurgaon

    I am looking for buying a property in Gurgaon for investment purpose. My budget is Rs. 50-60 Lacs. Considering appreciation potential and resale-ability, please suggest the best sectors to invest and best projects in those sectors.

    Opinions from senior members will be appreciated. Thanks in advance!
  • #2

    #2

    Re : Investment Options : Property for 60L in Gurgaon

    New Gurgaon sectors will suit your budget and are best for investment in my opinion....its best time to buy now and resaleability is also very good.

    Keep your time horizon for atleast 1 year.

    Best of luck

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    • #3

      #3

      Re : Investment Options : Property for 60L in Gurgaon

      Agreed...sectors 82, 83 in particular....

      Comment

      • #4

        #4

        Re : Investment Options : Property for 60L in Gurgaon

        Originally posted by rt00021 View Post
        I am looking for buying a property in Gurgaon for investment purpose. My budget is Rs. 50-60 Lacs. Considering appreciation potential and resale-ability, please suggest the best sectors to invest and best projects in those sectors.

        Opinions from senior members will be appreciated. Thanks in advance!

        Go for sector-110 , 111 on dwarka expressway , best for returns

        Comment

        • #5

          #5

          Re : Investment Options : Property for 60L in Gurgaon

          Go for sectors 103,102 ,110.Price/sqft is around 4000.
          All these fall on Expressway ,
          Sector 83 and 82 are not on expressway neither they are close to Delhi .
          unlike sectors 103,102,110

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          • #6

            #6

            Re : Investment Options : Property for 60L in Gurgaon

            Go visit 10x sectors and visit 80's to 90's sectors and make decision....you will make your mind by visiting the locations....:-D

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            • #7

              #7

              Re : Investment Options : Property for 60L in Gurgaon

              perfect :-)

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              • #8

                #8

                Re : Investment Options : Property for 60L in Gurgaon

                Thanks for all your replies. While Dwarka Express Way surely seems to be promising for the future, the project is difficult and is nowhere near "implementation mode" as yet for many apparent reasons. The great impact of it will be visible in real estate pricing only after 3-4 years when its construction will be in full swing. I think that it is too early to invest in those sectors, relying on just Dwarka Express way, more so when your investment horizon is hardly 1 or 2 years. Of course, for a person with 5 years horizon, it is a great bet since one can expect considerable appreciation by then. For 1 year time period though, 10X sectors don't seem to be as promising as 8X and 9X sectors. Please let me know your views.

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                • #9

                  #9

                  Re : Investment Options : Property for 60L in Gurgaon

                  agree RT, one should have horizon of 3+ years for Deway, the prices now I cant digest.

                  Have you shortlisted any projects for investment?.

                  Thanks

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