Gerugambakkam is emerging as a top location for real estate investment in suburban Chennai. Located approximately 20 km. from the state capital, Gerugambakkam enjoys excellent connectivity and all necessary amenities for a residential locality.

Apartments and other housing options in Gerugambakkam are affordable and promise good returns on investments. Many individuals interested in purchasing second homes are also looking at Apartments for sale in Gerugambakkam. The interest in this area is high due to a number of reasons.

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• Proximity to Porur

Porur is an extremely popular realty destination in Chennai and highly developed in terms of social and commercial infrastructure. Being located only 3 km. away from Porur lends Gerugambakkam an advantage over other suburban regions. The real estate boom in Porur directly influences the realty developments in Gerugambakkam.

• Affordability

Apartments in Gerugambakkam for sale are more affordable than residential properties in Porur or in the state capital, which is approximately one hour’s drive away from this suburban village. There are plenty of under-construction buildings which are still less expensive than those that are ready for immediate occupation. Investors and real estate experts can foresee a steady rise in prices over the next few years, so now is a good time to invest in Gerugambakkam.

• Connectivity and Accessibility

One of the best things about Gerugambakkam is its easy accessibility. Porur Junction is approximately 5 km. away is a crucial spot on Mount Poonamallee Road. It is an important bus stop and connects all major residential areas nearby to the city. The nearest railway station is only 4.7 km. away at Trisulam and this influences the demand for apartments for sale. Chennai International Airport is located around 9 km. from this locality.

• Social Infrastructure

Gerugambakkam is growing rapidly as a preferred residential area not only because it is well connected and affordable, but also presents homeowners with a variety of options in regards to educational institutions, banks, medical facilities, restaurants and the likes. Some popular schools and colleges within a radius of 2 km. from Gerugambakkam are Omega International School, Madha Medical College and Holy Cross Matriculation School.

Access to water and transport facilities is not a problem in the area and the presence of various shops and malls along with ATMs and other necessary amenities make Gerugambakkam a great place to buy a residential apartment.

Along with all the advantages, Gerugambakkam is a low pollution area and has plenty of wide green spaces.

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Undoubtedly, the real estate market is one of the most promising areas of investment as the value of property keeps rising. There is a steady and never-ending race for choosing the best apartments for sale  at a reasonable price. However, this race isn’t hassle-free, there are lots of issues like fraudulent transactions, scams, black money, and falsification involved. In order to steer clear of all these negative things while choosing apartments, there are a few things you need to do.

Remember what you hear is not always true

When you make a decision to buy an apartment, consider the fact that word of mouth is not always the best idea to follow. There are plenty of small time developers who will be eager to offer you affordable apartments for sale in Delhi. However, when you ask them for the project details and brochures, they may propose some yet-to-be developed buildings and project of theirs. As far as realty market is concerned, don’t take anything that is verbally true. If you haven’t seen the site or the building coming up, you have no good reason to believe that it is going to come up ever.

Messy brochures, fumbling deals and lack of confidence are the key signs to stay away from such builders.

Don’t fall prey to fake “Money back guarantee” schemes

There are some developers who offer assured schemes to customers. Some schemes involve money back guarantee or offer assured rental income for the apartment. While it’s a fact that all these schemes are readily available, you should be very careful about the clauses and other details mentioned. Well documented and transparent clauses are always welcome.

Do not readily believe what is on the hoardings and brochures

If you are offered some alluring and too-good-to-be-true discounts, you shouldn’t give a second thought to such a deal. Perhaps it won’t be a good decision to hastily buy a property that offers you discount on the capital value.

Whenever you invest in a property, your aim should be to ensure that the deal is transparent. 

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Ahmedabad is the most prominent and the largest city of Gujarat. The population of over 7.2 million makes Ahmedabad the fifth most populous city of India. Ahmedabad has taken giant strides from both economic and industrial standpoints. With the increase in the city’s population, the realty sector has witnessed many developing projects and housing schemes over the last decade.

Apartments in Ahmedabad have a lot of suitors. Serviced apartments are the latest trend in the housing sector. Essentially, a service apartment is one which is fully furnished and is targeted primarily at people looking for short-term accommodations. People invest in serviced apartments to earn from good rental income after buying the same.

Serviced apartments are preferred over hotel these days by a lot of people, for example, software engineers who stay in the city for 1-2 months for client site work or even group of overseas budget travelers who plan to travel over weeks to India, prefer staying in serviced apartments. This opportunity has created a flurry in real estate, and now many developers are migrating towards serviced apartment.

Let us have a look at why serviced apartments serve a better choice than staying in hotels.

·         Serviced apartments offer more space: A stay in a hotel is like staying in a small area with little room for movement. But serviced apartments in Ahmedabad boast of spacious interiors, which come in handy especially when the stay is for more than a week.

·         The included kitchen: A lot of serviced apartments come with a fully-furnished kitchen space which adds a lot in terms of the freedom you have of cooking up whatever dish you want to! Having a kitchen has an advantage of having your own personalized space to eat food of your choice.

·         Perfect for a group: Serviced apartments are ideal for families and groups, as they have a central lounge area and separate rooms that branch out from that area. This ensures both privacy and togetherness.

Serviced apartments are a boon to realty industry, as one can have dual benefits of appreciation in the long run and good rentals for times to come.

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