Gurgaon- also called the Millennium City – remains a popular choice for NRIs buying property for investment in India, says developers and market experts.
Gurgaon has been the first choice for many Non-Residents Indians (NRIs) who wish to invest in the NCR regions. The availability of good projects is one of the keys reasons for investors to consider this property market. The enhanced civic infrastructure and excellent connectivity to Delhi through public transport such as DTC buses and Metro rail network often catches their eye.
Above all, the property prices here likely to increase further when proposed and upcoming metro stations will be operational in some more parts of the city. Rental value will also appreciate in near future. Hence, the Gurgaon real estate market is getting mature and promises several property options in form of residential apartments, plots, villas and luxury projects.
If you are a NRI and looking to invest in Gurgaon realty and confused about where to invest, which developers to consider, Happykeys lists top 5 popular projects that are worth investing. These projects has been shortlisted on the basis of prominence and future prospects of the property in next 3-5 years.
TATA HOUSING La VIDA
This is brand new residential project by TATA situated in sector 113 Gurgaon, just 0.5 km from Delhi. The project is expected to be delivered by April 2020. Sprawl over an area of 12 acres, the architecture of the project is inspired by forest living. The campus will have more than 1000 tree plantation within its 9 acres of property. There are 688 units of apartments available for sale through Happykeys.com or it can be directly purchased from the developer. The flats are available in 2 and 3 BHK apartments between the size range from 1,276 – 1,579 sq ft. The apartment units are priced between Rs 1.08 crore – 1.34 crore. The new venture offers some of the best amenities which include water plaza, reflective pool and lily pools, art installation plaza, tower lobbies with art displays, party lawn etc.
M3M Woodshire was launched in December 2012. The construction work is on full swing and apartments units will be ready for possession by November, 2016. The project has acquired 18 acres of land of which 80% area is dedicated to open greenery. The campus has 984 total launched apartments units size range from 1,534 – 2,672 sq. ft. These apartments units are available for sale through Happykeys.com or can be directly purchased from builder. The project offer amenities such as swimming pool, gymnasium, jogging track, round the clock security etc. The price of the flats range from Rs 95 lakh – 1.7 crore. The venture is located in quite popular location of Sector 107, Gurgaon which has witnessed launch of several residential and commercial project.
DLF SELECT HOMES
Situated in Sector 90, Gurgaon, DLF Select Homes offers 4 BHK ready-to-move-in apartments. The complex constitutes of 348 units, which measures 3380 sq ft. of super built up areas. The units are available at price range of Rs 1.5 2.2 cr. The amenities offered include swimming pool, kids park and play area, SPA, theater, 24×7 power back up, jogging track etc.
LOTUS GREENS WOODVIEW RESIDENCES
The construction work of Lotus Greens Woodview Residences will be completed in December, 2017. Sprawl over 100 acres of land, this project offers 2, 3 and 4 BHK apartments with unit size between 1,090 – 2,435 sq. ft. Located in Sector 89, Gurgaon is one of the popular localities of Gurgaon. The price of the apartment units range from Rs 8.90 lakh to Rs 2.4 cr.
SHOBHA INTERNATIONAL CITY – ROW HOUSES
This is an under-construction project, it will be ready for possession by March 2018. Spread across 150 acres of prime land, International City offers several luxurious amenities such as club house, children’s play area, terrace gymnasium etc. There are 492 villas units in the project. The project is located in Sector 109, Gurgaon. The size of the villas units ranges from 3,153 – 7,330 sq ft. The price of these units range from Rs 2.5 – 4.6 cr.