5 Reasons why NRI's should Invest in Silverglades Hightown Residences
22 July, 2021
NRIs are actively trying to invest in the Gurgaon’s real estate market to take advantage of the price adjustment and weakening currency. To do this, they must conduct thorough study and preparation in order to obtain the required returns from their property investment.
Non-resident Indians (NRIs) have been an important part of the Gurgaon real estate market. NRIs usually buy property in India for investment motives and to return to the nation once they have relocated back. According to reports, NRI interest in Gurgaon real estate has resurfaced as a result of recent economic policies and real estate regulatory reforms.
The contribution of NRI money to developer sales is expected to rise in the coming quarters. According to a research by IBEF (https://www.ibef.org/industry/real-estate-india.aspx), real estate sector's contribution to India's GDP is expected to rise from 7% in 2019-2020 to 10% by 2030, thus becoming a $ 1 trillion dollar sectorin the economy. Other major factors driving NRI interest in Real Estate of Gurgaon are
- Falling real estate inventory levels in Gurgaon following robust sales in the previous quarters.
- Wage increases in the IT industry since the IT sector has risen tremendously as a result of Work From Home, thus IT professionals are equipped with greater money and are buying in Gurgaon.
- Finance at a low cost Available for new construction projects with reputable builders. As a result, established builders are able to complete projects on schedule and aggressively advertise under construction projects.
- Low house loan rates encourage potential purchasers to invest in real estate rather than other asset classes such as FDs and gold, which give negligible returns.
One of the major new launch of last year that is well poised to pique NRI interest is Silverglades High Town Residences. The main factors because of which NRIs should invest in SilvergladesHighTown are
1. Silverglades High Town’s proximity to the nation's capital
Historically, international investors prefer to invest in areas adjacent to the country's capital. NRIs are no exception. The value of real estate in the city and its surrounding areas, like Gurgaon, can easily be tracked remotely. Silverglades HighTown location is Sushant Lok-1, Gurgaon, which is considered as one of the affluent and marquee Real Estate Micro Market of the city. The project's location may also be a factor in the high volume of inquiries from UHNI’s whose preference for City Centers is well known. To know about why Apartments in City Centers attract the attention of Luxury Buyers please read our blog
It is just 15 minutes from the Huda Metro Station and numerous major highways. Fortis Hospital, Max Hospital, Paras Hospital, and other adjacent healthcare facilities provide dependable healthcare infrastructure are in vicinity of this project.
2. Supply of Luxury Real Estate is scarce in City Centers
There are only a handful of Real Estate Developments specific to Luxury Segment in City Center like Sushant Lok 1, Gurgaon. So due to a clear cut demand supply mismatch Silverglades High Town Residences has a great potential to outperform other Luxury Real Estate Developers projects that are coming up in suburbs like Golf Course Extension Road or Peripheral micro-markets like New Gurgaon and Dwarka Expressway because as the saying goes LUXURY is all about LOCATION.
3. Brand Heritage
Silverglades is one of India's premier real estate developers and has been able to establish an unbeatable presence in NCR. It has been known for marquee projects like Laburnum located on Laburnum Drive, Sushant Lok 1 that was one of the first Luxury Condominiums that was developed in Gurgaon and has the moniker of having a road named after itself (Laburnum Drive). So luxury is in the DNA of Silverglades group. When it comes to Luxury NRI look at the Brand Heritage and Silverglades group has a powerful one.Silverglades Hightown Residences, as the name indicates, is intended to give its residents with the benefits of living in a clean and green environment, inhaling fresh and pollution-free air. The main selling point of this residential property is the PM 2.5 Air Filtration System, which is unrivalled in any residential community in Delhi NCR.
NRIs make up a sizable portion of the target market for such homes. The availability of commercial and residential properties in the city also gives NRIs with a diverse variety of options. The project provides smart houses that are interconnected with numerous technology, increasing the occupants' comfort and pleasures. Silverglades High town Residences Sector 28 Sushant Lok 1 Gurgaon homes are available in 3 BHK and 4 BHK configurations.
These two layouts are widely sought after by NRI Investors in Gurgaon as they are more easy to sell and have more liquidity in market viz a viz Penthouses and Villas.
4. Excellent Rental visibility and management
Another aspect that draws NRIs who seek extremely strong returns on their investment is the high demand and visibility of rental revenues, as well as their continuous rise, and Silverglades High Town will surely provide that. Being situated in the Geographical Center and being one of the High Rental micro market in Gurgaon has ensured that even in covid era rentals have not taken a nose dive like other micromarkets in Sushant Lok 1.
5. Great Option to Settle
NRIs who have long-term aspirations to return to India and settle down choose to reside in the NCR. Living in the town centre has its own charm and comfort for NRI’s. It is a luxury that only a select few may enjoy. Sector 28, Hightown Residences is ideally located in Sushant Lok 1, a charming area surrounded by prominent schools, hospitals, retail malls, and hotels thus ensuring NRI’s an experience that is not too disparate from living abroad.
About SilvergladesHighTown Residences
If you want nothing but the finest, Silverglade Hightown Residences is the place to be. The Silverglade Group, recognized for producing spectacular locations and iconic urban masterpieces with its unwavering devotion, has meticulously crafted the Hightown Residences.
This project is spread on 5 acres of land and is located in Sector 28, Sushant Lok 1, Gurgaon, and is a mixed-use development. The project consists of three magnificent buildings with a total of 260 apartments. These apartments are available in three and four bedroom configurations and are filled with premium facilities that will redefine luxury living. Be one of the select few who will have the pleasure of living in the heart of the city in a tranquil setting that is well-equipped with modern conveniences. Experience ultimate living as it emerges in the neighborhood's highest skyscrapers.
Residents of Silverglade Hightown will be able to experience the greatest amenities and pleasant living like never before.
About Premium Homez
Premium Homez have been at the cutting edge of the business for over two decades. We began with the rudimentary beginnings of this market and have been part of its evolution, witnessing enormous change along the way. Today, we have emerged as a leading name in real estate with the benefit of past experience as well as the advantage of future vision.
We are known for our uncompromising value system, ethical and transparent operations, and for being customer oriented. Our knowledge enables us to identify the right opportunities for customers. And our expertise helps them navigate the sometimes-daunting process of buying, selling or leasing property. With a commitment that is complete and undiluted, we have been able to retain our position of leadership in a sector that is as volatile as it is unpredictable. Aided, in no small measure, by vast reserves of customer trust and goodwill.
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H-RERA: Regd. No. 338 of 2017 dated 15.09.2017