Buying Gurgaon Apartments and Gurgaon Properties Resale

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Buying Gurgaon Apartments and Gurgaon Properties Resale

Posted On : Nov-25-2011 | seen (353) times | Article Word Count : 606 |

This article gives you information about the real estate business in Gurgaon. It provides you with a checklist before buying Gurgaon properties resale. It also gives you information about the apartments and luxurious villas Gurgaon.

Gurgaon has become a corporate centre of India. Many MNCs and small companies have established their offices here. In fact, many companies have shifted their base to this city. Hence, the demand of residential properties in Gurgaon has also increased manifold. Many people are moving to Gurgaon from different parts of the country and their first concern in a place to stay.

There are many options that you can consider as far as your stay is concerned. You can buy apartments in Gurgaon or you can settle for a rented accommodation. For middle income-level people, rental accommodation is the best option as they are available at affordable price. Buying a flat or an apartment in Gurgaon requires lot of investment. Property rates in Gurgaon are touching the sky. They are available at exorbitant rates and not everyone can buy them.

Apartments in Gurgaon

There are two kinds of apartments in Gurgaon - Luxury Villas Gurgaon and Conventional flats. Both these types are available with all possible basic amenities. Due to the demand and rise of builders in Gurgaon, the consumers have plenty of choices as per their requirements and budget. Even a small apartment in Gurgaon has all modern facilities like modular kitchens, round the clock security, woodwork, 2 hour power back up and many others. You can surf on the internet or check the classifieds in the newspaper to find an apartment or a flat as per your need and requirement.

You can also go for resale properties if you want to buy a property but want to invest less.

Checklist for Buying Resale property

If you are thinking of buying Gurgaon properties resale, here is a small checklist for the same:

(1) Before buying a resale property you need to make sure that the property is registered with the government. You need to ensure that all necessary documents related to the registration are available. You can hire a real estate consultant in Gurgaon to verify the papers for their authenticity.

(2) Also, check the debt status. Meaning to say, check whether the property tax, society tax, water charges and electricity bills are cleared by the previous owner.

(3) You have to check the condition of the property. You might need to invest some money to repair the wear and tear of the property. Renovation is important before you buy a resale property.

(4) Another important thing to consider is the cash component. Every Gurgaon real estate consultant forces the buyers to make cash payment so as to evade tax. You need to think twice before making cash payment because if your cash component increases, you might find difficult to receive home loans on the full price of the property.

(5) The building should be built according to the layout and plans approved by the authority. You should make sure that you are provided with completion certificates, No objection certificate and occupancy certificate.

(6) Next important thing to consider is the durability of the building. You should avoid buying a property which is too old. Good quality and new buildings are necessary for safe living and will save you from extra investment on maintenance and repair.

The availability of sophisticated infrastructure, industrial growth and development, efficient and quick means of transport, world class housing and commercial real estate facilities have made the Gurgaon city the best place to live and work. This has forced many people to buy apartments in Gurgaon or get a rented accommodation. Today, everyone wishes to have a property in Gurgaon owing to its massive growth and development.

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<h1>Buying Gurgaon Apartments and Gurgaon Properties Resale</h1> Author: <a href='http://www.articleseen.com/profile_Devid Hussain.aspx'>Devid Hussain</a> Gurgaon has become a corporate centre of India. Many MNCs and small companies have established their offices here. In fact, many companies have shifted their base to this city. Hence, the demand of residential properties in Gurgaon has also increased manifold. Many people are moving to Gurgaon from different parts of the country and their first concern in a place to stay.

There are many options that you can consider as far as your stay is concerned. You can buy apartments in Gurgaon or you can settle for a rented accommodation. For middle income-level people, rental accommodation is the best option as they are available at affordable price. Buying a flat or an apartment in Gurgaon requires lot of investment. Property rates in Gurgaon are touching the sky. They are available at exorbitant rates and not everyone can buy them.

Apartments in Gurgaon

There are two kinds of apartments in Gurgaon - Luxury Villas Gurgaon and Conventional flats. Both these types are available with all possible basic amenities. Due to the demand and rise of builders in Gurgaon, the consumers have plenty of choices as per their requirements and budget. Even a small apartment in Gurgaon has all modern facilities like modular kitchens, round the clock security, woodwork, 2 hour power back up and many others. You can surf on the internet or check the classifieds in the newspaper to find an apartment or a flat as per your need and requirement.

You can also go for resale properties if you want to buy a property but want to invest less.

Checklist for Buying Resale property

If you are thinking of buying Gurgaon properties resale, here is a small checklist for the same:

(1) Before buying a resale property you need to make sure that the property is registered with the government. You need to ensure that all necessary documents related to the registration are available. You can hire a real estate consultant in Gurgaon to verify the papers for their authenticity.

(2) Also, check the debt status. Meaning to say, check whether the property tax, society tax, water charges and electricity bills are cleared by the previous owner.

(3) You have to check the condition of the property. You might need to invest some money to repair the wear and tear of the property. Renovation is important before you buy a resale property.

(4) Another important thing to consider is the cash component. Every Gurgaon real estate consultant forces the buyers to make cash payment so as to evade tax. You need to think twice before making cash payment because if your cash component increases, you might find difficult to receive home loans on the full price of the property.

(5) The building should be built according to the layout and plans approved by the authority. You should make sure that you are provided with completion certificates, No objection certificate and occupancy certificate.

(6) Next important thing to consider is the durability of the building. You should avoid buying a property which is too old. Good quality and new buildings are necessary for safe living and will save you from extra investment on maintenance and repair.

The availability of sophisticated infrastructure, industrial growth and development, efficient and quick means of transport, world class housing and commercial real estate facilities have made the Gurgaon city the best place to live and work. This has forced many people to buy apartments in Gurgaon or get a rented accommodation. Today, everyone wishes to have a property in Gurgaon owing to its massive growth and development.About the Author: Another important thing to consider is the cash component. Every Gurgaon<a rel="nofollow" href="http://www.abcrealtors.net/about-us.php">Residential Property Resale Gurgaon</a> forces the buyers to make cash payment so as to evade tax. For more information about <a rel="nofollow" href="http://realtypartners.in/php/propertyDetails.php?id=83">Flat Rental Gurgaon</a> and <a rel="nofollow" href="http://www.realtypartners.in/">Gurgaon Real Estate Consultant</a> visit http://realtypartners.in/php/propertyDetails.php?id=83.
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Another important thing to consider is the cash component. Every GurgaonResidential Property Resale Gurgaon forces the buyers to make cash payment so as to evade tax. For more information about Flat Rental Gurgaon and Gurgaon Real Estate Consultant visit http://realtypartners.in/php/propertyDetails.php?id=83.

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