Monthly Archives: December 2014

3 Tips for Taking Commercial Property on Rent

Posted on December 29, 2014 by

Many real estate companies working on behalf of property owners are capable of providing some very problematic properties on rent. You may realize the mistake you made in selecting a property, once its too late and you cannot do much about it. This blog discusses some tips that you should keep in mind while looking for a commercial office space or an office retail space on rent.

vatika inxt gurgaon*   Be aware of the prevailing conditions: Don’t be ignorant of the current market trends and the different types of commercial office spaces that are available on rent. There are some things about such spaces that you need to keep in mind. You have to be aware the past tenants and why they left, the rent of this property as well as the existing rents on similar properties in identical locations. When you are attentive of all these factors, it becomes easy to choose a property that will prove to be really good for your business.

*   Location: While looking for commercial properties for rent, there are many people who would ignore the location factor. But, this is a critical mistake as location is one of the most important things, which needs to be considered while selecting a commercial property for rent. The main reason for its importance is that the success of your business will depend on the location where you decide to have your office or retail space. If the location is well connected, safe and is in a peaceful neighborhood, it will be good for your customers as well as your business. If you take an office space for rent in Gurgaon, it will meet all your requirements in terms of a good location. You need to ensure that your clients and customers get complete convenience and comfort when they visit your premises. Thus, make sure that you check out the location very carefully while selecting  a property.

*   Check the property carefully: Thoroughly check the property which you are looking to hire. You should check factors such as space of the property, ventilation and other issues related to a property. Also check emergency issues such as draining system, otherwise you might have to spend a lot later on on repairs and renewals. It is recommended that you choose a property which meets all your requirements and you do not have to spend extra money later on to make changes to the property. One India Next, located on NH-8 Gurgaon, offers vibrant commercial spaces in a prime location in Sector 82A.

Builder Floors vs. Apartments in Gurgaon

Posted on December 22, 2014 by
Floors vs. Apartments in Gurgaon

                                    Builder Floors vs. Apartments in Gurgaon

With the increasing demand for residential properties in Gurgaon, builder floors and apartments have become the cynosure of the millennium city’s real estate sector. However, there are various differences between the two. Read on to know more about the basic differences between a builder floor and an apartment.

The present day real estate market provides you enormous property options like flats, apartment, builder floors and multi-storeyed buildings etc. However, the construction of each residential project is different in terms of structure and concept. Builder floors are low-rise buildings which usually comprise of three to four floors. On the other hand, apartments are equipped with large number of floors. Presently, builder floors in Gurgaon are highly popular due as they provide all the modern amenities and utmost privacy to the buyer.

Builder floors are independent floors that help you enjoy an independent housing unit at affordable prices as compared to bungalows or villas. The best independent floors in Gurgaon are featured with seamless wall finish, flooring and kitchen.
Let us have an insight into the differences between the builder floors and apartments.

1.) Amount of Space

  • Builder Floors: A builder floor is an independent floor with a single apartment. It gives you the opportunity to enjoy the feel of an independent home and is comparatively more spacious. In Gurgaon, if you want to enjoy a luxurious living in an independent floor, you can opt for the best independent floor in sector 83.
  • Apartments: An apartment is a complete housing unit on a floor and mostly contains 3-4 families in each floor. Apartments are less spacious as compared to builder floors.

2.) Facilities

  • Builder Floors: These houses are constructed with separate water and electricity connection for each floor. A builder floor is an ideal option for you if want to lead a luxurious living in a peaceful environment. Best floors in Gurgaon are also available with ready-to-move in options.
  • Apartments: Residents of apartments normally enjoy better social life. They also get various facilities through the resident welfare association housing societies.

3.) Budget

  • Builder Floors: Builder floors are suitable for you only if you are willing to spend a good amount of money in the residential property you want to buy. These houses are highly favored by high-end customers who can afford to enjoy the benefits of best independent floors facilitated with better amenities and privacy.
  • Apartments: Apartments highly suit the requirements of mid-end buyers who are looking for budget housing solutions.

4.) Cost of Maintenance

  • Builder floors: Except facilities like water and security, builder floors provide you less amenities on offer. Hence, the cost of maintenance is low in case of builder floors.
  • Apartments: As compared to builder floors, the maintenance cost of apartments is high. Since, apartments come with various amenities you have to bear a good maintenance cost.

Investor’s Paradise – New Gurgaon

Posted on December 12, 2014 by

Vatika Builder

New Gurgaon has developed and progressed a lot in the last decade. Its world-class townships and skyscrapers define the skyline of Delhi – NCR border, resulting in a large number of investors getting attracted towards the city.

According to a recent study, the prices of properties in approximately 30 sectors of Gurgaon, have increased by more than 100% in the last couple of years. A new lease of life has been given to the real estate activities in Gurgaon, because of the development going on in New Gurgaon as well as the merger of Gurgaon and Manesar master plans. Vatika developers are among those investing in the real estate industry of Gurgaon.

New Gurgaon is right now home to the largest number of professionals in the country and is also earning the third highest per capita income.

The New Gurgaon sectors include Golf Course Extension Road, Dwarka Expressway and NH-8. There is also a very effective and planned civic infrastructure going around a proposed ISBT project. Vatika in Gurgaon is an example of residential properties that are of world class quality. Wider roads with lesser congestion and more open spaces lead to easy commuting. Dwarka Expressway and NH-8, are among other benefits of investing in Gurgaon and its surrounding areas. All these factors guarantee good returns and promote New Gurgaon as an ideal investment destination.

The infrastructure and development of new highways and roads, such as the Dwarka Expressway and NH-8, have lead to vast improvement in the new realty sectors of Gurgaon, as they have created better connectivity with the launch of Metro and Rapid Metro.

With the existence of more than fifty listed companies in Fortune 500 and a big presence of a large number of Indian blue-chip companies, Gurgaon has become the corporate capital of Northern India.

As the number of industries and employment opportunities grow in Gurgaon, a lot of investors and HNIs are planning to shift over there. This is clear from one of the latest reports, which stated that the maximum demand in Gurgaon was for the units priced at 1 to 2 crores. This estimate is closely followed by real estate priced at Rs. 60 to 100 lakh, till end of June 2014. Vatika India Next Plot Prices, are also listed in approximately the same range.

The micro market in New Gurgaon is located towards Gurgaon’s western perimeter. It consists of sectors 81, 81 A, 82, 82 A, 83, 84, 85, 86, 88, 89, 90, 91, 92, 93, 94, and 95 and promises distribution of over 26,000 residential units. Vatika Gurgaon Sector 82, is one of the premium residential properties in the city.

Increase Demand for Plots in Gurgaon

Posted on December 9, 2014 by

vatika inxt blog pic

Gurgaon, the real-estate hub, has seen an increase in the demand for residential and commercial plots recently.

It has been seen in the real estate market that there is no chance of depreciation of property values. Investment in properties of any form is good. But according to market studies, one best investment option is investment in plots. It is a known fact that Gurgaon has emerged as the best real-estate property destination hub in the national capital. The recent market trend is seen in the increase in the demand for Gurgaon plots. Real estate companies are coming up with some exclusive plots for  sale in Gurgaon.  There are several plots in and around the entire place.

Many real estate developers have invested in Gurgaon in residential and commercial properties, that include apartments, villas, office spaces, commercial centres, business centres, including plots. A plot for sale in Gurgaon has great investment returns. These plots are usually located in the heart of the city as well as in the outskirts. While choosing a plot, it is always better to opt for plots developed by biggies in the real estate market as you can get heavy return for the investment made. There are some real estate giants like Vatika Group, Vatika INXT which have come up with well-planned plots in various locations, especially in locations close to City Centre Gurgaon and other important areas. These plots have all the facilities required for a modern and comfortable standard of living, within the vicinity. Some popular plot locations are Sectors 82, 82A, 83 & 85 on N.H-8. Also, these areas are a part of the new Residential Zone as in the Master Plan 2021 of Gurgaon.

So, this is the right time to invest in plots in these locations. Big corporate houses have already started investing in such properties. With many companies opening their offices in Gurgaon, there has been a huge demand for flats as well as plots by corporate executives who are working here. There is an easy availability of loans for properties.  Plots in Gurgaon are surrounded by lush green surroundings and open spaces where you can build your dream home and enjoy all kinds of luxury and modern lifestyle.

Increase in the Demand for High Rise Structured Buildings in Gurgaon

Posted on December 5, 2014 by

high-demand

High-rise buildings dot the skyline of Gurgaon. With increase in population, the demand for high-rise and low-rise buildings is increasing in Gurgaon.

In Gurgaon, high-rise structures or tall buildings have become very popular, going by their potential to decongest the ever-increasing growth of the urban sprawl and the urban population. Gurgaon is witnessing massive population expansion on account of migration of people from other states and surrounding areas, leading to an increase in the housing demand, along with the rise in the cost of land. The high-rise buildings have become an easy solution to accommodate this growing population in the metropolitan cities of the country, including Gurgaon.

How are high rise structures different from low rise or mid rise buildings?
High-rise buildings are tall building structures with 8 or more floors, mid-rise structures have 4 to 8 floors, while the low-rise structures have less than 4 floors. Mid- and high-rise buildings are popular for residential and commercial purpose in densely populated urban areas. High-rise structures have become popular on Gurgaon city’s urban fringe. These are designed in contemporary style with all the basic and modern amenities.

Several leading real estate builders have come up with exclusive high-rise, low-rise, mid-rise residential complexes in Gurgaon. Worth mentioning are the Vatika Lifestyle Homes, a group housing project of both high- and mid-rise buildings spread across 12 acres in Sector 83, Gurgaon and the Vatika Homes and City Homes, a mix of low-rise and mid-rise structures spread across 8 acres in Sector 83, Gurgaon.

Features:
Each type of building structure has their respective characteristics. Low-rise residential apartments offer more privacy. Rent negotiability is easier. But, they have fewer amenities compared to high-rise buildings and are less flexible with leases. It is also said that in low-rise buildings, it is easier to put out fires.

High rise buildings act as landmarks with the tall towers, a unique skyline and efficient use of the land. Home owners get a better view and a cleaner environment with all facilities within the gated community. Worth mentioning is the Vatika Seven Lamps Gurgaon, which have become a prominent landmark in NH-8 as well as the 24-metre sector road because of the seven uniquely designed tall high-rise seven towers. High rises are always more expensive than low-rise buildings. Even then, people are willing to invest, as a majority of the building structures are high rises only.

5 Reasons Why Buying a Property in Gurgaon Is the Safest Bet

Posted on December 3, 2014 by

property-papers

Owning a property in Gurgaon is the dream of every individual and is undoubtedly a wise decision. The city has so much to offer in terms of property, luxury and facilities. 

Let’s face it, every individual wants to own a property and that too inone of the best locations. If you too are planning to be a proud owner of a property, there can be nothing better than buying a property in Gurgaon. Various builders have come up with some of the best projects in Gurgaon that offer style, luxury and comfort. Gurgaon has developed tremendously over the past few years and today it is one of the best locations when we talk about real estate. It is certain that buying a property in Gurgaon is the safest bet. Read on to know why:

  1. Emergence of various companies: Gurgaon has not only seen a growing demand for residential properties, but also several companies have set up their business in the millennium city. This is one of the reasons why people are willing to invest in a property in Gurgaon, so that they can stay in proximity to their workplace and save their time and money which they would have otherwise spent in traveling.
  2. Best education: When you invest in a property, you must always invest keeping in mind your present and future needs. Always ensure that the facilities you require are available at vicinity. You would certainly want your child to get the best education and there can be nothing better than enrolling your kid in a school in Gurgaon. Gurgaon has various schools that offer international curriculum and ensure that your child gets the best educational facilities.
  3. Affordable housing options: It has been observed that earlier Gurgaon property rates were high, but today the emergence of various housing projects is giving people a chance to own a property at affordable rates. These projects offer luxurious houses at pocket friendly prices.
  4. Availability of various types of property: Once you decide to invest in a property, you will have numerous property options, right from 2BHKs, 3BHKs, independent floors, plots to duplex villas in Gurgaon. You can choose according to your requirement and budget.
  5. Excellent connectivity: Gurgaon is well-connected to the airport and the metro station. Also, there is good connectivity within the city and people can find easy access to autos and buses. All these facilities make traveling easy.

Today, Gurgaon tops the chart when we talk about the most preferred destination for investment. With all the above mentioned facilities available, it is certain that investing in a property in Gurgaon is a safe bet.