Finance

Are the affordable homes in Gurgaon worth investing in?

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Gurugram, the heart of our nation was once a town that has become one of the most influential corporate hubs and a resident to thousands of prominent MNCs and other startups. With upcoming projects of affordable homes in Gurgaon and other government schemes, buying properties have become much affordable and easier in the city of Gurgaon. Gurugram is making its way to the hearts of hundreds of potential investors as affordable
housing projects in Gurugram reap high returns on investments.

In a city like this one, regardless of the type- commercial or residential, any property is said to be a potentially great amazing investment opportunity. But with time, the greatest real-estate opportunity is served by residential properties as they provide much better returns on investments. Conditional to your budget and/or preferences, there are numerous affordable housing projects in Gurugram introduced by leading real-estate brands such as DLF, MRG World, Mahira Homes, etc. that offer luxurious and specified amenities & other facilities.

Location factor for the property

Nevertheless, the location of the property plays an important role as it largely constitutes the price of the entity or asset. If you go to buy a property in a posh location, it would cost you more than the rest of the properties, but it will perhaps also ensure a higher yield of returns on investment. The introduction of new policies like the Goods & Services Tax (GST) and (Regulation and Development) Act (RERA) in Gurugram has expected its real-estate industry to flourish shortly.

If you’re hunting for a lavish affordable residential property, away from all the city chores, then the Ultimus project from MRG World is perfect for you. With a super increase in its property demands, Gurugram is on its way to becoming the city of dreams. But, this has also increased the cases of scams. To avoid being a victim of such, you must properly check the eligibility of the project and check for its RERA approval simultaneously.

The prime reason for investment in the affordable housing properties in Gurugram is that it provides multiple financing options to its homebuyers as well as investors. The buyers are expected to highly benefit from schemes like Pradhan Mantri Awas Yojna (PMAY), Deen Dayal Jan Awas Yojna (DDJAY), and Delhi Development Authority Housing Scheme (DDA) for affordable homes in Gurgaon.

The various reasons to invest in affordable homes in Gurugram are as follows:

1. Foremost IT hub

In recent times, Gurugram has emerged to be one of the most successful and major industrial
and IT hubs of India. According to a study, Gurugram has bagged its position in the top 5 IT and innovation hubs across the country. This is because of all the business that has been set up in
the city and good investment opportunity that serves a hand to developmental and personal
growth along with large availability of office spaces. Proximity towards national & international
airport and other efficient transportation system makes it more convenient for investors to
invest in a city such as this.

2. Transportation Network

As the city is located extremely close to the nation’s capital, it has smooth access to airports,
national highways, Dwarka expressways, metro links making efficient transporting for day-to-
day travelers. The city also has efficient access to rail, metro, and bus facilities that help
travelers to travel from place to place at an inexpensive cost and quickly reach their
a destination that is best suited for those living in affordable homes in Gurgaon.

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 3. Robust infrastructure

The impressive grading in the recent years of infrastructure has led to larger growth in this city
where people are attracted. This is due to upcoming affordable housing projects in Gurgaon.
One of the leading real-estate developers MRG world aims to provide affordable homes in
Gurugram to the lower and middle class. Here properties contain luxurious amenities for a
better lifestyle and an investment option.

4. Establishments of MNCs

Gurugram is a home to several Forbes 500 companies that ranges from startups to absolute
established ones. Job opportunities have been boosted in the city and around the country.
Various successful national, as well as international companies, reside in Gurugram providing
employment opportunities to students residing in the nearby states.

5. Healthy Lifestyle

In recent times, the lifestyle of people has enhanced. They now rely on brands containing big
names and are spending free time in the commercial hub enjoying entertainment. Businesses
have taken advantage of this opportunity and have started heavily investing in the commercial
properties of Gurugram.

Without any doubt, Gurugram has become a hub for commercial as well as residential
properties in recent times due to the benefits it incurs. The lavish city of Gurugram not only
offers robust infrastructure, amenities, and job opportunities, but it also offers well-planned
security, thus having an all-time high demand for commercial and affordable homes in
Gurgaon.

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