Are You An NRI Eyeing Real Estate In Gurgaon? Here Are Top 6 Projects For You
Gurugram real estate market, known for its soaring property prices, is a locality of choice for non-resident Indians (NRIs) looking for good returns. The best-in-class infrastructure, good connectivity and world-class commercial set up, make Gurugram the hotbed for investors looking for profitable future returns or high rental yield.
So, if you are an NRI planning to invest in one of the most prime residential property markets of the country, PropGuide lists six projects that you could consider.
A ready-to-move project by Emaar India, Imperial Gardens is constructed over an area of 12 acre. The project offers 3BHK apartments of 1,228 square foot (sqft) size. The project is located at Sector 102 along the under-construction Dwarka Expressway, which is considered to a real estate hotspot in Gurugram, connecting the city with the national capital Delhi. The locality has amenities such as schools and hospitals in a radius of five kilometre. For those looking to earn rental returns, a 3BHK property here could fetch you Rs 20,000-35,000 per month.
Price: Rs 1.13 crore onwardsLocation: Sector 102, Dwarka ExpresswayPossession Status: Ready to move
Also read: Managing From Abroad: How Power Of Attorney Helps NRIs Manage Their Assets
Shapoorji Pallonji JoyvilleRERA ID: GGM/27/2018, GGM/28/2018
Launched in January 2019, this project is also located at Sector 102 along the Dwarka Expressway. It offers 2BHK and 3BHK apartments in the sizes ranging between 915-1,692 sqft. There are around 500 apartments in the project and have convenient payment plans to offer. The project, which is spread in an area of 18 acre, will be ready for possession by June 2022. It is being developed by Mumbai-based Shapoorji Pallonji, a developer with an experience of nearly four decades. The developer has a total of 27 projects of which 23 are under construction.
Price: Rs 64-95 lakhLocation: Sector 102Possession Status: June 2022
Mapsko Casa BellaThis is one of the premium residential projects in Gurugram located on the National Highway-8. The project offers 900 units of 2BHK, 3BHK and 4BHK apartments in sizes ranging between 1,410-4,890 sqft. The ready-to-move-in project has amenities such as a gymnasium, a swimming pool and a club house. The developer, Mapsko Group, is a part of Krishna Apra Group and has over two decades of experience in the sector. It has projects in Ghaziabad, Sonepat and Noida.
Price: Rs 1.25-2.64 croreLocation: Sector 82Possession status: Ready to move
Also read: 9 Documents NRIs Need While Selling Property
DLF SkycourtDeveloped by one of the largest builders in India, DLF, Sky Court is one of the premium housing projects in Gurugram, offering over 680 units of 3BHK apartments with sizes ranging between 1,846-1,935 sqft. This is a ready-to-move-in project spread over an area of 13 acre. Sector 86 is a part of New Gurugram that houses many luxury projects making it a premium locality offering good returns.
Price: Rs 1.29-1.35 croreLocation: Sector 86Possession status: Ready to move
Hero HomesRERA ID: GGM/24/2018
This is an under-construction project in Gurugram's Sector 104 offering over 650 apartments in 2BHK and 3BHK configurations. These apartments are available in sizes ranging between 1,099-1,689 sqft. The project is being developed Hero Realty, a part of Hero Group. The developer has delivered 1.35 million-sqft space and another four million sqft of development is under construction.
The locality, Sector 104, lies along the Dwarka Expressway where the average property prices stand at Rs 6,100 per sqft. These prices are expected to rise once the expressway, connecting Gurugram with the national capital, becomes operational.
Price: Rs 72.8-91.6 lakhLocation: Sector 104Possession status: November 2022
Emaar Palm Heights
RERA ID: RC/REP/HARERA/GGM/2018/29
An under-construction project, Palm Heights offers 190 units of 3BHK apartments sized between 2,000-2,025 sqft. The project offers construction-linked payment plan while the down payment is 10 per cent of the total cost. The project is being developed by Emaar India that has over 14 years of experience in the sector, having 33 projects in north India out of which seven are ongoing. The builder also has many commercial projects in Dubai.
Price: Rs 1.13-1.23 croreLocation: Sector 77Possession status: August 2022