Top 5 Mistakes to Avoid When Buying Property in Gurgaon

Top 5 Mistakes to Avoid When Buying Property in Gurgaon

Top 5 Mistakes to Avoid When Buying Property in Gurgaon

Top 5 Mistakes to Avoid When Buying Property in Gurgaon

Buying property in Gurgaon can be one of the most rewarding investments — whether for residential living or long-term returns. However, many buyers fall into avoidable traps due to a lack of research or over-reliance on misinformation.

To help you make a smarter and safer decision, here are the Top 5 mistakes you must avoid while buying property in Gurgaon.

1. Ignoring Location Connectivity and Infrastructure Plans

Many buyers get lured by attractive pricing in remote sectors. But they often ignore future infrastructure development, road connectivity, metro access, or proximity to workplaces.

Tip:

Always choose a sector with upcoming or existing infrastructure — such as Dwarka Expressway, SPR, Golf Course Ext. Road, or New Gurgaon sectors (76–95).

 

2. Not Verifying Builder Credentials and RERA Registration

Just because a project looks premium or is heavily advertised doesn't mean it's risk-free. Buyers often skip checking RERA registration, past project delivery history, or legal approvals.

Tip:

Check the builder's RERA number, past delivery timelines, and legal documents. You can also verify on Haryana RERA portal.

 

3. Overlooking Additional Costs Beyond Basic Sale Price

The BSP (Basic Sale Price) is just the beginning. Buyers sometimes underestimate total cost by ignoring other charges like:

  • PLC (Preferential Location Charges)
  • EDC/IDC
  • GST
  • Clubhouse, maintenance, parking & registry charges

Tip:

Ask your real estate consultant for a complete cost sheet — not just the base price.

 

4. Not Considering the Purpose: Investment vs End Use

Some buyers buy for end-use but get tempted by a "deal" in a far-off sector. Others invest in under-construction property without knowing market cycles.

Tip:

Define your goal first — rental income, appreciation, or own stay — and choose property type/location accordingly.

 

5. Not Working with a Trusted Real Estate Consultant

Relying only on online listings or random agents often leads to poor negotiations, incomplete documentation, or hidden costs.

Tip:

Always work with a professional & transparent real estate consultancy like RSBM Global, which guides you from project selection to registry.

 

Final Words

Gurgaon is full of real estate opportunities — but a single mistake can cost you lakhs or delay your dream home.

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