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Types of Property Found in India!!!

Property Property Property...

If you wish to invest in property in India, it can be tricky to ascertain which type of property one should buy. You may puzzled by the infinite number of properties appearing around you. So we have a brief summary of the various types of property in India.
   
                    





                      Types of Property
                      1. Land for Agriculture or Farm land
                      2. Residential properties in India
                      3. Commercial properties in India


1. Land for Agriculture or Farm land
Agricultural land comprises of more than 50% of India’s total land form. As we know that India is an agricultural country and it is contributing a significant amount to the nation’s economy.  There are ample of open agricultural land is available in less developed areas, and prices start soaring with their proximity to industrial or urban areas.



2. Residential properties in India
There are varieties of residential properties in India and this is the fastest growing sector of real estate in India. This comprises of following residential units:

(a).   Flats and Apartments
An apartment or Flat is a self-contained housing unit that occupies the only part of the building. Apartments for sale in India range between 1,2,3,4 BHK depending upon the layout and space available for the particular project.





(b).   Residential plots
Residential Plots are empty land which has been divided into sections for the purpose of individual housing. Such plots
are  an excellent option for those who wish to construct a new home as per their own choice.





(c).    Villas/Bungalows
Such types of concepts are examples of independent living, which is built upon residential plots. Villas /Bungalows are the prestigious hallmarks in a housing market governed by the high cost of land and services.




3.  Commercial properties in India
Commercial spaces are very good source of revenue for those who wish to generate revenue through commercial properties. Office spaces, hotels, warehouses, restaurants, shops, industrial building and lands are some of the common commercial spaces found in India. However, one should invest in particular type of commercial property depending on the means and types of returns.

Types of property ownership in India

What is a 'freehold' property?
Most houses in India are 'freehold' properties. This means the owner has completely owns both the property itself and the land on which the property is situated. With freehold property, the freeholder is solely responsible for the upkeep of the property.

What is a 'leasehold' property?
Some flats, houses & property in India are sold on a 'leasehold' basis, which means the property is owned for a specific number of years, as set out in a lease - this can be anything from 99 years to 999 years. During this period, a leasehold property can still be bought and sold. The person owns the leasehold property is the freeholder who receives the property when the lease runs its course.

 What is a 'commonhold' property?
The 'commonhold' property is a newer form of freehold ownership, which enables freehold ownership of individual flats and houses within a building complex or estate. Commonhold properties have no landlords. Each resident, or 'unit holder', in the property has equal rights. They effectively own their flat as a freehold plus a share in the common structure.

What is Property?

Ever wanted to be a part of the real estate boom? Ever wanted to have a real estate investment that would fulfill all your dreams? Gurgaon will show you the way.

Gurgaon, with its vast land potential is fast becoming the prime focus of all the major names in real estate business and construction industry.

For the past few years, Gurgaon has seen development in real estate like never before! But the real estate pundits proclaim by everything they hold sacred that future development in Gurgaon Property will far outstrip the past events. So the race is on for a winning slot in the real estate marathon !

Commercial Property in Gurgaon

Commercial & Industrial Property in Gurgaon is no less.With world class trendy malls, corporate offices, banks and ATMs wending their corporate way into this town, property rates in gurgaon are reaching a zenith.


Residential Property in Gurgaon

Gurgaon offers residential properties of all types. Apartments / Flats in high rises with all modern comforts one could ever ask for will make you imagine that you are in some extraordinary location and not near the hustle and bustle of the capital city of the second most populous nation !
Bungalows and villas offer exclusive privacy among green surroundings that is seen to be believed !