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Are affordable homes a good option for investment in Gurgaon?- Property Hotline
Posted
October 10, 2016
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6:14Now PlayingExpert: Arvind Nandan, Director, South Asia, Valuation & Advisory Services, Colliers International.
Question: I am planning to buy a 2BHK house in Gurgaon for pure investment purpose and can hold it for around 7-10 years. I don't wish to go beyond Sohna Road. However, my budget is not beyond Rs 35 lakhs. Please advice which locations and projects should I go for? Are affordable homes a good option for investment?
Answer: Ideally stay within Sohna Road, instead of going to Bhiwadi, or Alwar-bypass etc. You will face a lot of limitation in finding projects. But on Sohna road, there are a couple of projects by Supertech (Scarlet Suites and Azaliya) in Sector-68 which are 2-3 years from delivery; or Riddhi Siddhi (Sec-99, Delhi Gurgaon Expressway), few more too. Go for 1-BHK and try to hold on for minimum 7-8 years.
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