Gurgaon continued to register sizeable sales in the real estate despite a slump in the real estate market last few years. The city has become a preferred destination for many youngsters looking for some residential property around NCR along with the corporate offices that are looking for ample space for development in the city. Real estate regulation act, Benami transactions probation act has played a key role in plunging the real estate market in the city. The city continued to remain preferred office destination in NCR and so is the boom for the residential projects here. With special economic zones coming in the city, the real estate market for the residential projects is experiencing new heights. Though supply and demand will keep the rents in check, projects located near Dwaraka expressway, aero city Delhi and Noida expressway will continue to strengthen further.
With banks offering easy home loans to the buyers and corporate companies finding affordable spaces in the cities like Gurgaon, prospects buyers in the location continue to raise. While thinking of buying an apartment in cities like Gurgaon, Tata Gurgaon gateway should be given a due consideration, the company is known for its quality and trust since years. The company has already made its presence in the city by offering a couple of projects to the homeowners at affordable pricing. The right blend of Tata trust in the market and millennium city with huge prospects for the real estate development is going to offer a right opportunity for investment. The project is located in Dwaraka expressway spread over wide area of 22 acres land and hosting 820 apartments. You can get the combinations of 2bhk and Tata Gurgaon gateway 3Bhk Apartment as per your requirements and budgetary constraints.
Tips to crack property market in 2018
Pay off existing debts
If you have plans to purchase a property in the growing cities like Gurgaon, it is advised to clear your existing debts in the form of personal loans and credit card debts. It would make it easy for you to apply for the home loan and also avail the desired amount depending on your eligibility.
Budget to save
In spite of bank loans being availed easily in the today’s market, the ability of the borrower to the down payment is an important factor too. Most of the banks in India insist you pay 20% of the sale value as down payment. Arranging for the same is not an easy game. You have to consistent with your savings to fund the required deposit. You have to budget your expenses and analyze where you can make some measurable cost cuttings to make savings.
Check your credit score
Credit score of the person is an important factor that decides the eligibility for the home loan. It is determined based on the reports provided by the credit rating agencies. The higher you score, the more potential you will be for the bankers to approve a home loan.
Read Also - 2 bhk Apartments in Affordable Prices