Why invest in an under construction property?
There are a lot of things that you need to keep in mind before investing in a property. Most of the people are in a dilemma as to whether they should invest in a ready flat or go for an under construction flat. There are many advantages of investing in an under construction flat and given below is a list of the advantages:
- You are able to get an under construction property at a much lesser rate as compared to ready projects. So, in case you buy a property during the time of its construction and then sell it after a few years then there are very good chances of you getting a very good return on investment.
- You can directly buy an under construction property from a reputed builder. A reputed builder has a reputation to keep and hence, he will make sure that the property that you buy from him is free from all legal litigations. Buying a property directly from a builder will prevent you from any legal problems arising at a later stage.
Reasons to invest in an upcoming property in Dwarka:
The Dwarka Expressway properties are considered to be one of the best in the Delhi NCR and it has created a great buzz in the real estate market. In fact it has been said that people who are looking to invest for a period of 3-5 years, the investment in the Dwarka Expressway properties is one of the best possible options. It is located very close to Delhi and the IGI airport, as a result of which the commute between Delhi and these properties is quite convenient. Here there are a variety of under construction projects available, so there are chances that you will be able to get apartments at quite reasonable rate. As per the proposed plan of the region there will be roads which are 100 meters wide and the new expressway that is coming up will reduce the travel time between Dwarka Expressway properties and West Delhi all the more. Since this place is very well connected to all the major spots of Gurgaon, there are high chances of the property value to increase in the future.
Dwarka Smart city:
The areas adjacent to the Dwarka expressway will be developed as a smart city which means that there will be a number of additional facilities that you will be able to avail of. You will be able to get a health center and an educational institute very near to the property. There will also be a tight security and kid’s play area which will make this property a very safe place for the children.
Prices and the tentative completion dates for the upcoming Dwarka Expressway project:
The Dwarka properties have a variety of projects available and the prices of the properties here ranges from Rs.5250 to Rs.7000 per square feet. The tentative year for the Dwarka Expressway project completion is around 2021 however the Dwarka expressway completion date is not yet confirmed. There are a few completed projects here and there are a number of upcoming projects in this place.
Thus, it is quite clear from the above discussion that the upcoming projects around the Dwarka expressway are quite a lucrative option from the investment point of view and you will be able to get excellent apartments at an affordable rate from the reputed builders bringing in projects in this area.