Best Upcoming Commercial project in Gurgaon | Elan Miracle
If you have been following the Real Estate sector in India then you know that the residential property sector is not the place to invest. Especially if you are from Delhi NCR. This is because according to a recent study, it is estimated that the present inventory in NCR will take Four and a half years; yes, you read that right - Fifty Four Months to clear. So, if you plan to buy residential property for self to move in, great! You are the king. You could bargain with developers and they will be lining up before your house if you show them you have the moolah. You could opt from one of the many options - pay 10% and move in, stay THREE years, and then decide if you’d like to stay, if not, move out! Or pay 5% now and rest after you get your possession, no need to pay EMI’s or any of the tens or so schemes. However, as I have mentioned in previous several posts, do not think of your residential property as an investment that will yield any returns just yet. Maybe in the next decade ...