News: Gurgaon - Top Localities Offering High Housing Rental Returns-24.01.2017
Top localities offering high housing rental returns in Gurgaon
By: Namrata Ekka, Magicbricks Bureau
“Is it the right time to buy a property in Gurgaon or one should wait for a few months?” asks Atul in Magicbricks Forum. This is the quintessential question which is in the mind of consumers across Indian cities. Atul is an investor who had been lying low for the last 2 months in the year 2016. He has been keeping a tab on the property price trends and what advisors have to say. For those of you who want to invest in Gurgaon to earn high rental returns, read on to know the rental trends in the city.
Localities offering high rental values
For the benefit of the readers, we have segregated the information in two parts – Flats and Residential Houses. Magicbricks data reveal the reigning 3 localities offering highest rental values in Flats are Dwarka Expressway, Huda Colony, Sector 47 Block A, Sector 48 and Sector 42.
The following graphs shows the rental yield of the past 9 months. Rental Yield represents annual return from renting your house in that locality.
Among the localities in Gurgaon that have shown a high growth in rental yield in past 9 months, Dwarka Expressway tops the list with 32.4 per cent growth, followed by Huda Colony with 26.4 per cent growth, Sector 47 Block A with 23.4 per cent growth, Sector 42 with 21.7 per cent growth, and Sector 48 with 20.7 per cent growth.
Localities offering residential houses which have recorded high rental yield are South City 1, Sohna Road, Sector 43, Sushant Look 1, and DLF City Phase 2. South City 1 tops the list with 74.3 per cent growth, followed by Sohna Road with 36.5 per cent growth, Sector 43 with 31.9 per cent growth, Sushant Lok 1 with 25.9 per cent growth, and DLF City Phase 2 with 23.5 per cent growth.
Magicbricks ratings and reviews show the social profile of the localities. The readers who are the residents, or property owners have given the locality ratings based on their liveability quotient.
Click on the link to go to the page to view the graphs and images - Top localities offering high housing rental returns in Gurgaon
