Business & Finance Renting & Real Estate

Residential Or Commercial Property: What To Choose For Investment

Are you planning to invest in Gurgaon property? Are you chaos which one to choose either residential or commercial? Don't be so the facts mentioned in this article will clear all your doubts and help in the case of selection.

What to know first is why people are getting crazy about the property in Gurgaon. The foremost reason is proximity to the nation's capital Delhi and existence of more than 500 MNC's in the lap of city comes at the second. Increasing cost of property at a rapid rate due to booming IT sector attracts most of the people.

Gurgaon attracts its buyers because of its hi-tech surroundings. Property developers have built offices with high end amenities like internet connectivity with utilities, data cabling, finest interiors, apt security measures, earthquake resistant features, internal housekeeping, video conferencing, wireless networks, and broadband access and telephone systems with dedicated lines. The office spaces available are fully furnished with access to meeting rooms and secretarial support as well as 24 hour building access and storage facilities.

Some thinks that residential is better while other recommends commercial. If you want a higher profit then Gurgaon is a hotspot. For some people it is a dream to have best property in Gurgaon. If you will buy any commercial property you can give it on lease or rent. There are many companies that do not own the buildings and take that on lease by signing a proper contract.

On the other hand, in the prime commercial location of the city, residential premises are less attractive. This is a locality-wise parameter. There are also other deciding factors to be reckoned with while selecting property units in Gurgaon. While you consider whether residential or commercial is better property investment in Gurgaon, time factor also is to be considered.

Also, luxury apartment and villas also had less demand during the period. But middle and lower level residential units did not show much fluctuation in price. Also, it is estimated that in the coming years there will be a higher demand for middle-income-level residential units. This is due to the better pay-scale in the Government sector and a growing corporate sector in the region.

To have an experience of the real estate sector you can also buy a 2 bhk apartment in gurgaon [http://www.mediaestaterealty.com/] and give it on lease to earn a regular income. After some time you will notice a change in property rates then you can sell that to earn higher profit.

Gurgaon has some prime locations which are best suited for commercial purposes, one such location is Palam Vihar which houses Palam Corporate Plaza. Some of the hot destinations like Manesar, Bhiwadi, Dhaurhera, Rudrapur and Neemrana are fast developing and becoming highly lucrative for the investors.

The commercial properties in Gurgaon are designed by highly competent architects. Every office has restaurants, health clubs, banks; ATM's and shops in the ground floor and offices from the first floor onwards. All these unique and striking features undoubtedly make Gurgaon the hotspot for commercial and residential property investments.

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