Absolutely. Gurugram has witnessed record residential launches and sales in recent years. Backed by policy support, infrastructure spending, and rising disposable incomes, the Gurugram property market shows no signs of slowing down.
What is the stamp duty and registration cost in Gurugram?
Stamp duty in Gurugram is typically 5–7% of the property value, with an additional 1% registration charge. Some states offer concessions for women buyers. It is advisable to confirm the current rates with a local registration office.
Where should I buy property in Gurugram for good returns?
Areas near upcoming metro stations, expressways, and commercial zones in Gurugram have historically delivered the best returns. Properties in these corridors benefit from consistent demand from both tenants and buyers.
Is affordable housing available in Gurugram?
Yes, Gurugram has a range of affordable housing schemes under PMAY and state government programmes. These offer subsidised home loans and government-approved pricing for EWS and LIG buyers.
What are the tax benefits of buying property in Gurugram?
Home buyers in Gurugram can claim deductions under Section 80C (principal repayment up to ₹1.5 lakh), Section 24(b) (interest up to ₹2 lakh for self-occupied), and HRA if renting. First-time buyers may qualify for additional benefits.