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Is Emaar MGF Emerald Estate, Gurgaon a safe investment bet?- Property Hotline
Posted
September 20, 2016
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September 20, 2016
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3:00
2:59Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com.
Question: I want to buy a 2 BHK in Emaar MGF Emerald Estate at Sector-65, Gurgaon for investment. I am getting a resale property for Rs 60 lakhs. Should I buy the property?
Answer: Currently the listed value of the property is Rs 85 – Rs 92 lakhs for a 2BHK of 1200 sq. ft. If you are getting at Rs 60 lakhs do check why the value is lower. If all papers are in order you can purchase it. This property on the Golf Course Extension is in the townhouse format and there are no problems with construction quality. Currently, on Golf Course Extension the average rent for a 2BHK is about Rs 25,000 per month. Once the Rapid metro starts operations the demand is likely to rise.
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