Some people might have you believe that you will get rich quick by buying property in Pataudi Road Gurgaon. Guess what? Don’t believe them. Even if the value doubles over the next five years (which isn’t likely), you would make some nice money but you couldn’t retire and live off of it.
Some people will get rich quick because they are committing fraud in what they are selling people. However, they are also likely to end up owing that money back to people and end up in jail.
The honest developers will probably get rich, but there is a difference. It won’t necessarily be quick and it will be with taking a lot of financial risk and they will be putting in a lot of hard work to make it all happen.
But if you are looking to be well off long term then that is probably a more realistic outlook on the likely outcome. Why you might ask.
Gurgaon is in a great location, near the capital and near the airport. It has become one of the nicest places in India. Many multinationals have offices there and national headquarters there. Plus, there are major highways in existence and also planned. In addition, there is decent public transportation.
Property in Pataudi Road Gurgaon probably has more upside currently than the property in the originally developed part of Gurgaon. That is because development has recently extended out Pataudi Road and the prices are less expensive than in the originally developed part.
At the same time, the risk is probably lower than it was for the people who purchased in the original part. The reason is that in the original part, it was all new and somewhat of a gamble. Pataudi Road is new, but now there is a strong foundation and Pataudi Road is just building on it.