The time is ripe again for investment in properties. For the past many years, it was not easy to extract a profitable investment. Considering the economic situation of the nation as a whole and the state of residential property market in general, the investor confidence had swayed to a new low. But the mood changed last year. However the results did not seem to match the anticipation. The sales of residential accommodations did not shoot up as much as builders wanted. But there was a considerable amount of foreign investment done in the country for property development. If news pieces are to be believed, 2013 saw a total foreign investment of $1.3 billion throughout the year. In contrast, from January 2014 to September 2014, the total investment had already notched $4.8 billion.
And then there was a flurry of project launches in November and December 2014 which set the pace for the property markets in January 2015. The more mature realty sector of India also witnessed multiple launches from the one of the nation’s oldest brands: Tata. Other prominent builders followed the suit. Now there is absolutely no doubt that the markets would only improve in times to come. Therefore if anyone is planning to invest in property in Gurgaon and other major cities, then-reiterating-the time is ripe!
What Does Gurgaon have to Offer?
Gurgaon is a big market for residential properties. Even though the city trudged through the slowdown phase, there were pockets where there was a flurry of development going on. Now, all bets are off. Gurgaon is set to benefit tremendously owing to its vicinity to the Delhi Mumbai Industrial Development corridor. It is true that the city is not a part of this corridor; but it does not need to be. It is already an established hub of global business services which has not reduced pace of economic activity here. Now the areas which are close to the infrastructure development are witnessing a demand for homes. This is why ILD Group offers numerous opportunities in the city.
The ILD Group is an experienced builder firm which has almost 5 million square feet of property development to its credit. The builders have a marked presence in Gurgaon and have launched three lavish residential property projects in upcoming areas in the city. Anyone who is looking at long term gains or end use can consider ILD Grand, ILT Arete and ILD Grand Centra as investment options.
What is different about the ILD Projects?
ILD Grand and ILD Grand Centra are under development in Sector 37. ILD Arete is under construction in Sector 33. Both these sectors have their location benefits. There are established schools, parks, hospitals and road infrastructure in both the localities. They are also close to Sohna and Manesar. Prominent areas of Gurgaon of course are within easy reach. There is bus as well as train connectivity available.
Project wise, ILD Grand and ILD Grand Centra offer lavish properties and a promise of comfortable urban lifestyle. Together, these two projects offer units with areas ranging between 1200 and 3400 square feet. ILD Arete is a similar offering, with unit areas notching almost 4500 square feet.
An end user interested in learning about the details of each of the ILD projects can log into the housing.com portal and select the ‘New Projects’ option from the home page.