Friday, 12 September 2014

Alpha G Corp Gurgaon One Sector 84, Gurgaon

Alpha G Corp Gurgaon One Sector 84, Gurgaon


Site plan   Brochure  Floor plans

GurgaonOne 84

The unsurpassed comfort and luxury of GurgaonOne, Sector 22, is set to be recreated by Alpha G:Corp at Sector 84, Gurgaon. Much like its predecessor in Sector 22, GurgaonOne 84 is a structure that inspires to rise and soar beyond the customary.
Project Configuration:
  • Plot Area: 12.515 acres (as per brochure)
  • FAR Area: 954,018 sq ft (assuming 1.75 FAR)
  • Total Units: 670
  • Options: 2 BHK, 3 BHK, 4 BHK
  • Carpet area: 945 sq. ft; 1141 sq. ft; 1461 sq. ft; 1538 sq. ft; 1669 sq. ft; 2555 sq. ft
  • Configuration: 7 Towers (A-G Towers) of 19-26 floors and spread over 2 land parcels
    • Tower A: Tower B:Tower C: Tower D:Tower E:Tower F: Tower G:
GurgaonOne, 84 at a glance
  • 500 meters from the 150 meter wide Dwarka Expressway, the widest Expressway of the country
  • Adjacent to the proposed Interstate Bus Terminal and Metro hub
  • Two kilometers from NH8
  • Twenty minute hassle-free drive from Indira Gandhi International Airport
  • In close proximity to a 3000 acres Special Economic Zone and adjacent to the New Gurgaon Commercial Belt.
  • Close to the city industrial hub of Manesar
  • The area around the toll plaza will emerge as the CBD (Central Business District) of a self sustainable and well connected Gurgaon in times to come.
Key highlights:
  •  
  • 60% dedicated green (4-6 acres of society green space)
  • Promising location
    • Located close to upcoming ISBT and Metro Hub
    • Located 2 Km from NH8 and 500m from Dwarka Expressway, 16km from Airport & near proposed corridor connecting Dwarka Expressway & Manesar between Sector 84 & 88
    • Adjacent to Sector 88 – a commercial sector
  • Excellent Prodigy and Track record
    • Only project by a reputed builder (Bestech, Godrej, Vipul grade) in this region
    • Strong Management team – the company is promoted by a few professionals( col sodhi, who incidentally is nafisa alis husband, mr sayal etc). they were part of senior management at mahindra GESCO and executed the central park project
    • Likely to be better managed project (based on their track record of sector 22 project) – JLL is likely to be property management firm for the project

    • Excellent Track Record in both commercial and Residential Projects. (Checked Ernst and Young building, GGn and Karnal Residential project)
    • Excellent appreciation in all existing projects Checked GGN One near Maruti Udyog
    • Emaculate location, next to Commercial sector, ISBT, MRT, Dway, SEZ etc
    • GurgaonOne Sector 84
    • Admirable quality of construction for existing projects
    • All approvals in place
    • BBA for ph1 already executed
    • Reasonable customer service/care
    • Reasonable Extras as per market trend (PLC/EDC
Key Concerns:
  • High loading factor: 45-60%
  • Basic specifications, no furnishing/ woodwork by developer
  • Power plant adjacent to project site – expected to be removed
  • Potential escalation clause in BBA in which developer can unilaterally pass any increase in cost to buyers
  • Located on narrow 24 meter wide road – passing through the project
  • Existing village road is narrow and maximum can become two rows
  • 20 meters away from running factory across the streets. Not sure it will go
  • Located in middle of sector 84. No information available what will come come to next plots.
  • Land belongs to Magnum International and constructions by Alpha, any dispute may cause problems
  • Huge oversupply in the region, thus limited return potential
  • Located near villages Sihi (1 km) and Sikanderpur (2 km)
  • Location may become crowded once ISBT and Metro station become operational
  • No roof rights for top floor apartments

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