5 Amazing Facts About Gurugram That Only Its Residents Would Know

Gurugram, earlier known as Gurgaon, is surprisingly, one of the most well-developed areas of the Delhi NCR region. Be it the residential areas, or the workplaces, this place is making its residents proud enough to live here, all their lives.

Gurgaon is one of the most hawked areas for real estate developers and investors. With affordable housing standing high in the realty industry, it is the hub for most of the upcoming residential projects in this sector. By affordable housing, we generally mean those housing units that can be bought by that particular section of the society, whose income lies below the median level of income of the nation.

Apart from the most repeated ones, here are some best facts about Gurugram that only the residential citizens know:

A.History Calling! : Gurugram is a historic city. It is said to be the famous village of Guru Dronacharya, the teacher in the most well known mythological epic - Mahabharata. He was known to teach in this city. Well, now so modern and groomed, it still holds the hearts of many citizens who feel a connection here, with their culture.

B.Natural Paradise: The nature has been very very kind in this city. With the lush green cover, this area can always be called a natural paradise. The sectors 36, 37D, 71, 93 and so many more are just the right examples for proving my fact right. If you are a nature lover and wish to reside in an area that remains far from the daily hustle of the city, you must know just where to find your home now.

C.Connectivity At Its Best: Not every area near the capital city can offer an effective way of commuting. Gurgaon is one of those rare areas, that offers its residents a great comfort of commuting to Delhi - the nation’s capital. So, I’m sure, that with the wide roads, beautiful highways and even the ease of metro facilities offered, you must be proud of living in a city that ensures your comfort of traveling in every manner possible.

D.Your Career On The Rise: Now, when the career prospects are looked upon, this area has it all! Be it IMT Manesar that stands in close proximity, or some of the best schools and coaching centers that exist close by, if you are a parent, a guardian or even an aspiring student who resides in Gurgaon, I am sure you are the one who can relate to it in the best way!

E. Entertainment, Entertainment, Entertainment!: I do not think that this point even needs my calling! Entertainment, nightlife and theatre is something that Gurgaon aces in. With the Ambience Mall, that stands as the largest mall in our country; Kingdom of Dreams, the entertainment hub of this city and so many more places that offer you a sense of relaxation, amazement and happiness all at one go! Now despite these places, there are places like Appu Ghar, Oyster Water Park, offer your family a fun time altogether!

Now that you know all the wow facts about Gurgaon, the best among them all is that it offers a feeling of security to all its residents. With the most updated technology being used in building the residential areas, it also tends to offer a 24*7 watchfulness to safeguard the lifestyle of its people. Though a city that exists in the NCR region, it is an area that offers pride and prestige to the people living out there. So, if you are a resident and are already reading this, I am sure you must have felt a rush of happiness flowing within you. If you are someone who is looking for a home, I would suggest, make Gurgaon your dream city to reside in.

Signature Global is one of the leading and successful giants of the real estate industry that specializes its projects in affordable housing. It aims to provide luxury to its citizens at the best and affordable prices. Some of its best residential projects include:

Andour Heights, Sector 71, Gurugram

The Serenas, Sector 36, Gurugram

The Millennia, Sector 37D, Gurugram

The Orchard Avenue, Sector 93, Gurugram and many more.

Know 5 Best Ways To Invest Wisely In Commercial Real Estate Projects

The real estate industry is growing rapidly - both in the residential and commercial projects that stand today. The working place of yours is a place where you spend almost thirty percent of your day and we are here to make sure that it is a good one, after all! However, if you are an investor who plans on putting your hard-earned money into commercial realty, here are some tips that may be of good help to make your investment, a wise one:

A. Location: It may sound very obvious and let me tell you, it is. Unless you gain a thorough knowledge of the location, it is never a good thing to invest your money with it. Commercial properties are meant to provide returns through two main avenues— rent and capital appreciation, are supposed to be the most basic ones to know about. Places where the vacancies exist, but less than five percent should be your ideal choice because it means that the supply is checked on a regular basis and the tenants are probably reluctant to vacate, which would ultimately lead to high rents as well as capital appreciation. A location that has a high percentage of vacancy, gives the tenants an option to move and renegotiate the rents.

B. Quality: Two buildings alike, may coexist or be in the same location, but the one that speaks of better quality than the other, will always get the first preference. It will also tend to attract qualitative tenants. Thus, it will then fetch the investor rent benefits, better tenant retention and a much higher capital appreciation. Tenants from different nations are people who show a sense of willingness to pay a good amount for quality.

C. Demand & Supply: One of the first things that a savvy investor has to analyze before making a commitment to buy a commercial property. Every city has different and its own micro-markets. Each micro-market has a different stock (i.e., the amount of office that has already been completed and leased) as well as the upcoming supply. The annual demand is also published on a regular basis by the most eminent brokers.

D.Security Deposits: The security deposits in the commercial properties vary between the monthly deposits of 10-12 months. Be cautious when a particular tenant offers for 6 months or even less, it may signify that they may be looking for a short-term option or may also have cash flow discrepancies. Start-ups typically ask for lesser deposits and even shorter lock-ins.

E. Diversification: It is a stated and known fact that diversification reduces the risk involved. It is especially true in the real estate that is involved in commercial projects. If you are investing your savings in a single property, you are bound to get exposed to higher risk. In any case, if the tenant vacates, the rents will come to a halt while maintaining the payments, property taxes and other miscellaneous payments that need to be paid. An investment in multiple properties across the cities will lessen the variance in income by the diversification at property level risk.

Thus, being an investor isn’t bad at all, but being a wise one is the best that you could be and maybe, you should be. Vaishali can be talked of when talking about commercial property as it is an area that has a good scope of growth and development. It is one of those areas that offer the best interests to any commercial realty investor. Hence, knowing when, where and how to invest is something that you gain expertise in, over a span of time.

Signature Global is a real estate giant that works highly on the affordable housing sector, focusing on the developing areas of Delhi NCR, Gurgaon and Karnal. It aims to provide the combination of luxury and affordability to its buyers at the most economical prices. Some of its best projects include:

The Serenas, Sector 36, Gurugram.

The Millennia, Sector 37D, Gurugram.

The Roselia, Sector 95, Gurugram.

The Orchard Avenue, Sector 71, Gurugram.

5 Things To Remember When Buying Flats In Gurgaon

Affordable Housing Scheme is the hot topic of interest today, among the people of Delhi. Before going further, it’s better to have a close look into the scheme for a clear understanding of what you are going to read about, further.

Affordable Housing, as popularly defined, refers to the number of housing units available for purchase by that particular section of the society, whose income lies below the median income of the country’s population. The prices of these are supposed to be such, that the target population need not spend more than thirty percent of their income.

Gurgaon, the city of growth, present in the Delhi NCR region. With the biggest of metropolitan cities opting for this housing scheme, Gurgaon isn’t far behind as well. However, as uncle Ben said in Spider-man, “With great power, comes great responsibility”, here are some things that you should remember when you are planning to invest in Gurgaon for your home - 

A. Area: The whole of Gurgaon is huge. So, knowing your personal choice beforehand is very important. Suppose, you are a nature lover and would want those lush green surroundings, peaceful environment and other things, then Sector 79 might be apt for you. Similarly, if you are more into working in an MNC and would want your workplace to be nearby your residence, then maybe sector 37 is your area of investment.

B. Budget: Not having a crunch on your pocket is a boon for life. Hence, if money isn’t a factor of concern for you, then Sector 36 would give you the combination of beauty as well as luxury. However, if you are into those financial constraints, having a planned budget is very important or else, the last minute problems or high rates on registration can be a troublemaker during the investing procedures.

C. Research: Research is something that needs high attention when it comes to a city like Gurgaon. It is because the options available are many, the constraints on them vary from area to area and lastly, it is all a personal choice of taste and preferences as well. You never know when the photos would suddenly seem uninteresting, or maybe a new option could seem way better than another, hence, research is important.

D. Size: The size of the flat matters, depending on the size of your family. Suppose you live in a joint family, then you might end up looking for a bigger flat like a 3BHK or a 4BHK one. Similarly, if your family is small or nuclear in nature, then you are more likely to opt for a 2BHK or even a 1BHK flat for your ideal residence.

E. Amenities: The facilities available in the area of your residence matters a lot, as it is one of the basic reasons of your sustenance. Be it the sanitation, commuting or entertainment, each of them have their own benefits which are necessary for survival.

Hence, Gurgaon is the hub for every kind of need and want of humankind. Delhi NCR is one of the most renowned areas of development and Gurgaon is the most talked about area here. If you have plans to reside here, it can be considered as a good choice. With premier educational institutes and industrial hubs, broad roads and highways, shopping malls and theatre, its beauty is unique in its own way. Hence, after considering the aforesaid factors, living in Gurgaon is beautiful and exciting in its own unique way. Affordability along with reliability is the most unique combination ever.

Signature Global is a leading real estate company in the affordable housing sector, aiming to redefine the current conventions of Indian real estate development by achieving excellence in delivering the best of their projects like:

1.The Millennia, Sector 37D, Gurugram

2.The Serenas, Sector 36, Gurugram

3.The Orchard Avenue, Sector 93, Gurugram

4.Andour Heights, Sector 71, Gurugram

And many more.

5 Precautions to Take When Buying a New House

“Home is where you feel loved, appreciated and safe” – Trace Taylor. 

Buying a house is an important decision since it involves huge investments, financial planning and certainly a lot of time on your schedule. Although it can be said that a small proportion of the population can buy a house at the drop of a hat, the major other half still depends on loans to work for their dreams. 

While most consumers rely on existing reputation of the builder, a well organized paperwork should be the foremost criterion to make a purchase. Customers should ensure completion of essential paperwork before an investment is made. Additionally, it is important to check the builder’s credibility on different forums. A proper background check, credentials and an excellent portfolio can help the process. 

Here are the 5 things that need to be taken care of before buying a house: -

The Title Deed 

It is of prime importance to review the title deed of the property. The deed will not only give the consumers clarity about the pros and cons of the property but will also help them understand the actual scenario, be it – ownership, sale or transfer of ownership rights. This deed will also clarify on any existing litigation concerning the property.

Review the documents properly

It is important to know whether or not the builder has all the permissions to begin with. Several government approvals are required for construction projects. In order to avoid any legal future constraints, everything should be verified and approved. No objection certificates from different departments like the - Storm Water and Drain Department, Forest Department, Traffic and Coordination Department, Environment Department and others must be checked. 

Certificate of Encumbrance

Encumbrance certificate (EC) ensures that there is complete ownership of the property without any monetary or legal liability. It is the most important document used for property transactions and house loan requests. You must check if the property is free from any legal dues. 

Know the Layout Plans

With real estate scams cropping up, one must look into the layout plan before investing. Review the documents and check if they have been approved by the respective authorities. Insisting on having a look at the occupancy certificate proves that you are well aware and willing to take further action. 

Verify the Purchase Agreement

A purchase agreement comprises of payment details, construction specifics, deadlines and other terms and conditions for both the parties to adhere to. This agreement legally binds the buyer and the seller and no action that is outside the purview of the agreement can be taken without further notice. It is mandatory that you read the terms of service carefully before an approval. This sets the foundation of a new house. 

Signature Global is a real estate company with a global outlook. Led by a highly-qualified team of Board-of-Directors, it is a brand that stands for the three R’s- Reality, Reliability and Responsibility. The team experience for industry insights allows the company to discover new opportunities and strive for excellent growth. The projects have extensively covered Gurugram, Karnal and Ghaziabad and have given a new foundation to some of the leading corporate houses. Some of their successfully completed projects include: - 

1. Solera Complex (Solera2 Sector 107, Gurugram).

2. The Roselia (Sctor 95A, Gurugram).

3. Synera (Sector 81, NH8, Gurugram).

4. The Serenas (Sector 36, South of Gurugram), and many more.