Home buyers and investors need to consider certain factors before you spend your hard-earned money investing in a new residential property. Some of the major considerations while investing in a residential property is the prime location, connectivity as well as all the conveniences and amenities that it offers.
Buyers must consider that prime locations mostly offer a higher return on selling and rentals, however, they are expensive as well. So, it makes sense to invest in a property located in a well-connected residential area.
Buyers must consider that prime locations mostly offer a higher return on selling and rentals, however, they are expensive as well. So, it makes sense to invest in a property located in a well-connected residential area.
The Delhi-NCR the market has seen strategic new launches over the last few months under the watchful eye of the Real Estate (Regulation and Development) Act, 2016. There has been a revival in the real estate market in the NCR region with the new reforms and policies boosting the confidence of developers. The Shapoorji Pallonji Joyville Gurgaon is one of the new launches property in Sector 102 which has seen an excellent response.
Advantages of investing in Joyville homes Gurgaon:-
Ø Shapoorji Pallonji Joyville homes in Sector 102 Gurgaon is a new launch with spacious 2 BHK and 3 BHK apartments. The complex is registered under RERA so buyers can invest in the property without worrying about the delay in the delivery of the project.
Ø The property is near all civic and social amenities, like leading schools, hospitals, colleges, educational institutes, etc. Sector 102 along the Expressway falls on the proposed metro route and is new Sectors such as 101, 104, 110, 111 which are the first few sectors to see development near the Expressway?
Ø A number of leading developers have launched projects in the area, and it is expected to see an increase in prices soon. Basai Road is close to Sector 102 and provides accessibility to Pataudi Road, Hero Honda Chowk and NH8.
Ø It is one of the leading Shapoorji property for sale in Gurgaon, which is loaded with excellent amenities that all home buyers desire. The project has a clubhouse, sports facility, kids’ play area, WIFI connectivity, a state-of-the-art gymnasium, swimming pool for adults and children. The complex has lots of green areas and landscaped gardens, where residents can sit and enjoy and relax with their friends and family.
Ø Dwarka Expressway is considered a prime reality destination in Delhi NCR with several options for investment. A lot of new developments like upcoming flyovers and underpasses are happening in the corridor. The proximity to the International Airport and Gurgaon is a major plus point.
Ø Dwarka Expressway which is also called the “Northern Peripheral Road” is an 18-kilometer-long and 150 meters wide stretch which will connect Delhi with Gurgaon and Dwarka via National Highway 8. The Expressway connects with NH 8 at Kherki Daula, and will also pass Pataudi Road. This has created an interest in the Dwarka Expressway as it is close to three prominent highways.
Ø The area is a major focal point in Gurgaon Manesar master plan 2031 and is witnessing rapid development. A number of leading developers have launch projects in the area which are nearing completion in a speedy manner. One of the reasons for the development of Dwarka Expressway is its direct connectivity to the Indira Gandhi International Airport.
Ø Another diplomatic Enclave is coming up next to the Dwarka expressway where offices of diplomats and residences will be there.
Ø Haryana Urban Development Authority has partnered with Indian Railways to construct a Railway over the bridge that will help solve the traffic problems of Gurgaon.
Ø The Metro rail corridors in Dwarka Expressway is already approved and will facilitate off - road connectivity between Gurgaon and Delhi.
Ø Electricity caballing and water supply projects have already been taken up and will be completed by the end of this year, which will be a major plus for home buyers.
Ø The sewage disposal system and other public utilities have also been proposed by the state government which will help turn it into a world-class residential and commercial complex.
Cons of investing in Shapoorji Joyville Gurgaon:-
Ø The Joyville Homes Gurgaon is located next to the Dwarka Expressway, which has seen a considerable delay in construction which had held back buyers till now.
Ø A number of ready to move in projects are available on the Expressway which has taken a hit on the fresh inventory which builders have launched in the last year. In comparison, Ghaziabad and Greater Noida has been a much better market as the prices are still low in the region. The area is considered on the outskirts of the Millennium city and will take some time before it becomes fully developed.
Ø Though the project is affordably priced, it will take some time before all the basic social and civic infrastructure is in place.
However, current market analysis has shown that post the implementation of the new RERA policy, the market has stabilized and there has been a recovery in both supply and demand of new launches. Overall the new launch real estate projects have registered 35% growth in 2018.
It is the ideal time for home buyers who intend to purchase a house for self-use to invest in Delhi NCR market specifically in Gurgaon near the upcoming Dwarka Expressway as the prices are still affordable. With the Expressway nearing completion it won't be long before the prices in the area shoot up.
If you are planning to buy property in Gurgaon, then connectivity along with world-class infrastructure at Shapoorji Pallonji Joyville Sector 102 Gurgaon is an added draw.
The promise of upcoming infrastructure, as well as the rapid development, already in place shows that the real estate market will now only go upwards.
The promise of upcoming infrastructure, as well as the rapid development, already in place shows that the real estate market will now only go upwards.
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