Evaluating Deliverables for our clients is Our Job
While one is convinced about the developer’s credentials as discussed in one of the earlier posts, it boils down to evaluating the specific project in question. So, lets find out if this new project by Godrej Properties will survive the test of the experts.
To evaluate this opportunity, just like any other real estate, One of the most important factors would remain to check out the location, In Gurgaon, Godrej Property’s first project is located on the main NH-8, although there will be many more to come as time goes by as Godrej Properties is continuously evaluating good quality opportunities, we will keep this document to talk specifically about the location of this new Godrej Project.
While most of the other projects in the vicinity of NH 8 are located in the interiors, The Godrej Project is located right on the main NH 8, what this means for the discerning buyers today is that if it is for the purpose of investment, then if we go by the history of real estate, most of the properties that end up being on a main highway/broad road are the ones which fetch the highest appreciation as compared to the others which are located on the arterial roads etc. From a user’s perspective it allows the user to have a quick entry and exit to and from the community, this also helps save time, effort and resources.
While the interior locations, are likely to have traffic blockages etc and the commuters from those communities may face some problem in getting in and out from their respective communities, Godrej Project is right on the main Highway so, this snarl is definitely not there. Quick access to the Iffco Crossing via highway and you are at the metro station, zip further through the highway and you are at the Delhi International Airport. The point is that while the other communities which are located more inside, even though may be closer to the city center, will take more commuting time to reach, while the Godrej Project in Gurgaon will be a much faster access in and out.
Overall Evaluation:
The investment is likely to be fruitful, considering two things. The Location & The Godrej Promise.
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