Because buying a home is a significant investment, there are several factors that one must consider before buying one. Even investment in affordable housing needs to be carried out carefully as buying the wrong property might result in low investment returns. Looking out for the right features can help you find a property that would turn out to be profitable.
Location
There no specific locality in Gurgaon which can be declared as the best place to buy a home. As a central residential hub, the city has witnessed the growth of multiple real estate hotspots. All of these are good options, each one with its benefits. You would have to base your choice on your tastes and requirements.
- Commercial prospects: This factor is crucial for the investors as it plays an integral role in attracting tenants. Localities like Sector 89, which offer easy connectivity to the city's industrial, business and corporate hubs are prime destinations for property investors. The commercial prospects in such localities make it very easy to find tenants.
- Social infrastructure: It is necessary to check out the social infrastructure in a locality before investing in a property. Most tenants try to find rental homes living where they may enjoy all the amenities they need. Primarily, suppose you invest in 2 BHK or 3 BHK affordable housing in Gurgaon to get families as your tenants. In that case, you might want to make sure that the locality has adequate academic and healthcare infrastructure.
Facilities
The amenities that a residential project offer have a notable impact on the residents' convenience and lifestyle. This is why it is wise to invest in the best affordable housing projects in Gurgaon that offer plenty of amenities.
- Fitness and lifestyle: In the fast-paced contemporary world, home-seekers prefer residential complexes where they would be able to keep themselves fit and healthy without needing to travel. Amenities like gym, yoga, sauna, jogging trails and cycling tracks have grown particularly popular.
- Recreation: Recreational amenities are continually growing in demand as individuals are looking for residences where they can enjoy a well-balanced lifestyle. You might want to look for projects with features like sports facilities, play area for children, library, etc.
- Other amenities: Certain amenities, previously seen as optional, are now covered as necessary facilities. The Huda affordable housing scheme makes it mandatory to include these features, such as car parking spaces, community hall, etc.
An affordable home in a project that meets these requirements is sure to generate high ROI for investors.
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