Real Estate
Raheja Developers recently announced the launch of its green project — Raheja Vanya in Sector 99 Gurugram. Spread over an area of 12.4 acres, the project is bordering a continuous green belt (Delhi & Gurgaon Master Plan) and will be constructed in accordance to GRIHA norms. The project will have a unique Skypark having sky jogging tracks, sky beach pool, open terrence gym, designated area for organic farming and open area for socialising. Vanya will be available at a price of Rs 3975 sq ft and a two BHK will cost approximately Rs 49.77 lakh, 3 BHK is priced at Rs 60.05 lakh and 4 BHK penthouses will cost Rs 1.12 crore. The project is likely to be completed by 2021. Speaking on the occasion of launch Navin Raheja, CMD, Raheja Developers said, “We are providing the people of Delhi- NCR a clean and green environment to breathe and maintain a luxurious lifestyle at affordable prices.”
Dwarka Extension: The destination buyers prefer
Many call it an extension of Dwarka while others term it as the beginning of Dwarka Expressway. Sectors adjoining Delhi on Dwarka Expressway are surely the preferred choice for homebuyers. A burst in affordable luxury projects in metro cities has opened a wide spectrum of housing opportunities for mid segment homebuyers. The prospect of enjoying high-end amenities without stretching your budget is the key attraction for such projects. The city of Gurugram has been bursting with luxury and affordable luxury projects, which are fast coming up along Dwarka Expressway. The area has undoubtedly come up well as a realty destination preferred by buyers who are looking to buy in Gurugram or in its vicinity. Talking about how the luxury and affordable luxury projects have come up in the area, Navin Raheja, CMD, Raheja Developers, says, "Sector99A, in New Delhi Extension Area
is very close to Dwarka Sub City, upcoming Diplomatic Enclave and approximately 20 minutes from New Delhi Airport which are considered to be the prime locations of the city. Placed a rank below the luxury housing segment, these projects are targeting a growing segment of homebuyers who seek lifestyle features at an affordable cost. Affordable luxury is a relatively recent phenomenon in the country's real estate market. The segment, however, has evolved over a period of time owing to growing aspirations of the mid-segment homebuyer. A property, which falls under this category, has similar attributes as a luxury home. The price, of course, is lower than a luxury property. Another important characteristic of affordable luxury homes is that they are unique and do not compete with the higher segments of ultra-luxury homes." The area, being an upcoming location, is primarily developed to cater to all segments of buyers. Nonetheless, it would not be wrong to say that buyers definitely get a notch higher in terms of amenities in all the segments of houses that are coming up here. Talking about the kind of growth that is predicted for this area, Jagadish Nangineni, regional head, North, Sobha Limited, says, "India's fastpaced economic growth would directly impact developments in proximity to the capital's international airport in a very positive manner. With the expressway completion being handled by the highest ranks in the government, there would be an increased pace of residential and commercial development in the next 4-5 years in Dwarka Expressway areas. High quality housing will be sought after here as well, in this time horizon, as is the case across NCR." The newly-developed sectors of Gurugram have emerged as attractive destinations among investors as well as end-users. They are well-connected to three major highways, which are National Highway-8 (NH-8), Kundli-Manesar-Palwal Expressway and Dwarka Expressway. RK Arora, chairman, Supertech Ltd, talks about the real estate prospects of the city of Gurugram and its peripheral areas. "Gurugram, known as the Millennium City is a prime financial and industrial hub. Growth in the micro market of Gurugram, such as Dwarka Expressway, Sohna Road and new sectors along NH-8, has given a boost to the real estate souk in Gurugram. Due to rising aspirations, reviving economy and better infrastructure, the premium, lifestyle luxury sector of Gurugram is expected to stay on the growth track in the short term as well as long term," says Arora. A large number of projects have got completed and many others are near completion along Dwarka Expressway. So, those of you who are still making up their minds as to which area to buy the house in, Dwarka Extension or Dwarka Expressway is one of the best places to consider in the region.
Raheja Developers launches “Vanya”
Raheja Developers announced the launch of its greenest project Raheja Vanya. It is spread in an area of 12.4 acres. The project is constructed in accordance to GRIHA norms. It will
be constructed phase wise, tower wise with carpet Area disclosures as per RERA guidelines. Also the project is known for one of its first SKYPARK having sky jogging tracks, Sky beach pool, Open Terrence gym, designated area for organic farming and open area for socialising. It gives you the premium luxury experience with open green areas at each floor. The features of the project are: A project with a Solar, Open and Green vs Land ratio of almost over 100%. Optimized balcony sizes. Open core areas in a diamond shape to create natural lighting and air-flow both vertically and horizontally. • A naturally lit core leading to lesser maintenance charges by avoiding artificial lighting and air-conditioning in the lobbies. Designated areas for greenery in the core opening up to lush green areas outside your apartment. Community green seatings for morning outdoor tea and news reading with neighbours. Every apartment being 3 side open in spite of having 8 apartments per core. Speaking on the occasion, Mr Navin Raheja, CMD, Raheja Developers said, ” We are happy to announce this one of it’s kind of project. We are providing the people of DelhiNCR a clean and green environment to breathe and maintain a luxurious lifestyle at affordable prices. “