Till 30 lakh only 3.92 lakh units shown unsold pan India.
What is not told is whether they are ready to move in or under construction Projects in affordable housing gurgaon.
Also these 4 lakh units translate to just 16 lakh populations at max.
Actually it can be 10 lakh also. But let’s take 16 lakh.
Top 30 cities population is 12 crore.
A mere national average of 2 percent becomes 24 lakh.
So u can see the numbers.
In cities the population is increasing at more rapid pace.
I am master of gurgaon.
Gurgaon city not district was 3 lakh in 2001.
It is 18 lakh in 2018.
N will be 42 lakh in 2029.
Now coming to gurgaon.
There is no affordable projects in gurgaon which doesn’t get sold quickly. Even with premium.
In fact builders want to hold some units to sell on premium later on.
Each project has 700 to 750 units.
Projects about 70 odd. So 50000 flats supply.85 percent absorbed.
Translates to 2 lakh population n delivery will be in 2019 2020 2021 2022 2023.
So enough absorption. Demand is going to extremely high.
rof aalayas is booked a flat in July 2016 for 14 lakh.
Money went in 40 months.
Getting possession this month end.
Now it’s for 20 to 21 lakh.
Next diwali with dwarka expressway it would fetch min 24 to 25 lakh.
Rent for fully furnished is expecting 12k.
So either we can sit on sidelines waiting for more correction or take plunge.
No point doing research pan India as one cannot invest pan India.
If in growing market one is invested in vakrangee dhfl yes bank then who can save him.
I see a big crowd of youngsters migrating to gurgaon from rohtak hisar jhaajar mahendergarh rewari
N working for flipkart jabong swiggy in salary of 25 to 35 k.
2 sharing my furnished 1 bhk for 12k
4 sharing my furnished 2 bhk for 20k is business opportunity I am looking at.