Upcoming Retail Shops at heart of Shree Vardhman Sector 67, Gurgaon
Location Map Site plan Price List Floor Plans Brochure
About Project
- Low Maintenance Retail Shop is a new buzz in town! Its enjoys prime location in the Heart of Ansal Esencia Sector-67, Gurgaon.
- Investment Opportunity in Low Maintenance Affordable Retail Shop located on 24 meter road off Golf Course Extension Road.
- 150 Retail Shops spread over 2 acres, Part of a Housing Complex with 1,200 flats
- Location – Sec 67, Golf Course Extension Road Site located in the heart of Ansal Esencia township and just behind IREO’s Victory Valley Site located on 24 mt wide road with most shops facing the road
- Developer – Prominent NCR Developer with approx 3-4 million sq ft under development
- Investment Size – Approx 40 lacs Shop Size – 315 sq ft Price for a Ground Floor Shop – 12,500 per sq ft Price for a First Floor Shop – 9,500 per sq ft
Retail Catchment
- 1,200 apartments being built by Vardhaman (same complex)
- More than 4,000 floors/plots in 200 acre Ansal Essencia township
- Behind Victory Valley (700-800 apartments)
- Behind upcoming Lotus Valley School
- Adjacent to a hospital site and a primary school
Units Detail
| TYPE | AREA (IN SQ.FT.) | RATE (PER SQ.FT.) | BOOKING AMOUNT |
|---|---|---|---|
| Retail Shop (Ground Floor) | 315 | 12,500 | Rs. 3,00,000 |
| Retail Shop (First Floor) | 315 | 9,500 | Rs. 3,00,000 |
| Retail Shop (Second Floor) | 315 | 8,000 | Rs. 3,00,000 |
Project Highlights
- Excellent Location – One of the best locations off the Golf Course Road
- Easy to Lease – Historically such shops are the first ones to lease Vs high maintenance malls that continue to remain vacant. Such shops are in great demand for uses like Grocery/Bakery, ATM, Saloon, Juice, Mobile, Real Estate Brokerage,
- Strong Catchment Area – More than 5,000 dwelling units will be delivered over the next 2-3 years
- Expected Rental Yield – INR 100-120 psf yielding roughly 25-30K per month
- Easy to Trade and Exit – Small ticket size and low maintenance shops are in high demand and facilitates easier exit for the investor
- Low Competition – No immediate competition for the shops of this format
- M3M Urbana (delivery in 3 years) in Sec 67 selling at 21,000 psf
- Nirvana Courtyard (completed) – ground floor shop resale at 45,000 psf
- Amiya Low Maint. Shops in Sec 49 (opp. Orchid Petals) – resale @ 30,000 psf
- Similar low maintenance shops in New Gurgaon (off Dwarka Expressway) are being sold at approx. 13,000 psf (similar price at an inferior location)
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