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FAQ: Are affordable houses available in Gurgaon? - Property Hotline
Posted
June 20, 2016
Views
1,267
Likes
4
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June 20, 2016
1,267
4
0.32%
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4:33Now PlayingBe Un Confused
Expert: Arvind Nandan, Executive Director, Colliers International India
Q: I have been allotted a 2BHK with the carpet area of 718 sq ft in Sector 37 C, Gurgaon. Name of the developer is Ninex RMG and the project is under affordable housing policy. Is it advisable to invest in affordable housing here? What sort of price appreciation can one expect from it?
Answer: Sector 37 is a fine location, close to the National Highway and major areas in Gurgaon. Talking about affordable housing, Gurgaon has availability of affordable houses. These projects fall under the housing policies and get a lot of benefit in terms of cost. On the other hand, although there are several projects of the same kind, no one has proved to be a lucrative investment currently. You have to wait for seven to ten years to get an appreciation.
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