SCOWA - Ireo Skyon RWA
For any residential community to become better, there is a need for a strong, dependable RWA (Resident Welfare Association). As the name suggests, the job of the RWA is to do everything possible that is a welfare to the residents and property owners. The current RWA at Ireo Skyon has a fantastic leadership and is truly bringing about excellent positive changes to the community. The contribution of the current RWA management is poised to make Ireo Skyon one of the better communities to live in Gurgaon.
Considering that there are a lot of positive moves by the current RWA management to make some interesting benefits for the residents, the prices of Ireo Skyon as a community have already started moving upwards and are likely to move further up in quick short term basis and of course in the long term too.
Why Prices of Ireo Skyon are Moving Up?
What makes the prices for a residential community tick? Is it the construction quality? Is it the overall Maintenance? Or is there some other reason which makes prices move upwards? Lets explore why prices of Ireo Skyon community in Gurgaon is poised to make quick upward leaps in the prices.
Ireo may be going through some turbulent times at the moment, however, if we talk about the overall construction quality of Ireo Projects, Ireo Skyon definitely is considered to be one of the better constructed projects not only amongst the Ireo Projects, but even on a generic platform compared to other residential communities in Gurgaon. Some very important things that are available at Ireo Skyon but not in other communities are things like Double Glazed Glass all across the apartment, The high ceiling height, Large Windows and Glass Usage, Spacious Balconies, Large Room Sizes, Large Central Greens, Good Quality Recreational Facilities, Choice of Materials Used,. Ireo Skyon addresses all these and more. Some of the best materials which are not even visible like the electrical wires, the electric panels, the power back up equipment etc. have been used at Ireo Skyon by Ireo to deliver quality.
Under-Priced with huge Upward Potential:
Ireo Skyon lagged behind in terms of prices of comparable properties around the prime vicinity of Golf Course Extn. Road for a few reasons, while the property itself is absolutely great, there were a few other factors because of which the prices were subdued. The good news is that with many new positive changes being done at the community, it is soon to catch up with the rest of the market. So as an investor, one could see two interesting price benefits, firstly, the price benefit of recovering from Under-Priced to Real Value Price and then further time linked price movement. That makes this a very interesting buy in current times.
In a growing city like Gurgaon, the newer developments happen further from the city centre, so the advantage of being closer to the city center or the downtown area is always likely to keep the prices ticking for properties like Ireo Skyon, which is located just minutes from the downtown of Gurgaon- The Golf Course Road.
Future Infrastructure Developments:
Mature real estate investors have always advocated that for capital appreciation one should invest in areas which have a promise of future infrastructure developments rather than investing in areas which are already developed and established. While the appreciation in the mature real estate locations would only have the time related appreciation, on the other hand, the less mature locations with possible triggers of fresh infrastructure developments planned, underway or upcoming would reap better returns.
Pro-Active & Stable RWA:
In the Indian context and in the context of Gurgaon, it has been noted that a residential community with a Pro-Active & stable RWA is likely to see more positive changes in the community and therefore making it more liveable and inhabitable. The more positively pro-active the RWA, the better for the community. Fortunately, Ireo Skyon RWA (SCOWA) is one of the most Pro-Active and Stable RWA which has been making consistent positive moves for making lives better for the residents and for uplifting the community in many ways. At the end of the day, we are all people and we are looking for good places to live and willing to pay a price for a comfortable and good living.