Tips for Buying a House In Noida Some people buy a flat for their own personal use and some may buy for investment purpose. But for both, it is big decision that engages a huge amount of money. After all a property is considered as an asset and when you invest your hard earned money, you want it to appreciate and deliver good returns. To ensure that you are making a right decision, collect all the possible information from all the sources, so that you would be convinced with property. Over the last few years, Noida has come into sight as a major destination for home buyers. In the National Capital Region (NCR) Noida and Greater Noida, with Yamuna Expressway and Noida Extension, provide affordable options to mid segment buyers. The average home prices in these regions are considerably lower than that in Gurgaon, which also has modern living apartments. Tips for Buying A House In Noida ď‚ˇ Geographical Factors Noida has better accessibility to the capital city of Delhi through Jaipur highway, which is better than Gurgaon. Noida has high water table which is a favorable option. ď‚ˇ Absorption Areas with less absorption are less costly and are suitable for long term investors. The returns on investment are good when your lock in period is a span of 5-10 years. You can buy such properties when you are an end user and have no plans of disposing it. Comparing Noida extension, it has larger inventories and the absorption is less there.
Plot or Apartment Buying plots is relatively cheaper and you can buy plots at the cost of an apartment in comparison with other areas. Nevertheless if you are investing your money in buying plot, patience is the key because there is oversupply of plots and immediate capital appreciation will not be possible. For apartments projects such as Anjara Ambrosia provide you options of 2/3/4 BHK in projects. Project Specification It is an era of skyscrapers where buildings go taller; hence, the need of open space becomes a necessity. Look for projects such as Ajnara Ambrosia in sector 118 of Noida that has an adjoining public parks or recreation areas. Choose housing property complexes coupled with other amenities. Choosing A Developer Projects build by unknown or first time dealer may be cheaper but may cause you delays. It is recommended that even if you have to pay little on a higher side, go with reputed developers such as Ajnara Ambrosia in Noida so that execution of project is done as per schedule. Consider the above given tips while buying house and you will be rest assured that you are proceeding towards better living.
Published on Apr 7, 2014
It is recommended that even if you have to pay little on a higher side, go with reputed developers such as Ajnara Ambrosia in Noida so that...