Gurgaon Property / Property Gurgaon / Upcoming Projects in Gurgaon / Vatika Group

Vatika Gurgaon 21 Apartments, sector-83, Gurgaon

The project of Vatika Group

Size: 1230sq ft-1980sq ft

Unit Type: 2BHK and 3BHK

Basic Sale Price: Rs.53lakhs

Expected Possession: The possession date is not available on the official website but no construction work on the site often results in delayed possession.

  • Possession date on official website: Not available
  • Possession date on other real estate websites: 2014
  • Possession date as per people working on the actual project site: After1 year
  • Possession date as per real estate broker1: 1year or 2years(broker2)

The Talking Brick went to the actual project site on the 12th of September to enquire and collect information about the Gurgaon 21 Apartments. The information collected by us is listed below:

1. The 82meter road from NH-8 that is coming into the Vatika Township is only available till ½ km due to the fact that a certain portion of it comprises of the agricultural land and homes of villagers who are unwilling to sell their piece of land. This particular land-piece is on stay as the case between farmers and developer is still in the Court according to the broker.

2.The public transportation system is lacking after the toll plaza from where the site is 1km away. Due to this, one just cannot rely on public transportation services here.

3. The construction work at the site is not going on due to the ban of court on using groundwater from bore well. This is likely to delay the date of possession that is not available on the official project website. However, the project will take nearly 1-2years for completion as per the brokers and the guard who was present at the construction site.

4. According to the broker Deepak, every single project that is coming up here will get appreciation from nearly Rs.400/- to Rs.500/- with the advent of the festival of Deepawali.

Connectivity

Neither bus nor metro, you can only trust your car here!

To reach Vatika project sites in sector-82, 83, 84 and 85, there is an 82meter road that is 1km away from the NH-8. The transportation services are lacking here and one has to either come on own vehicle or hire a private one.

  • Rajeev Chowk Gurgaon (6km)
  • IGI Airport (24km)
  • Iffco Chowk (12km)
  • Local market (4km)
  • Gurgaon railway station from NH-8 (12-13km) internally (16km)

On-site view

Illegal bore well takes the water out of reach ans stops the construction in between!

No construction work is going on the project site due to scarcity of water. It is in the wake of the fateful incident wherein a girl child lost her life by falling into the uncovered bore well few months back that the Court issued a ban on using groundwater from bore well as per the broker.

As per the one of the villagers, the Court has banned the use of groundwater for construction purposes from illegal bore well. As per him, it may take 5-6months before the work is resumed at the project sites.

However, the 4 towers in these high-rise apartments are complete till 21st floors.

Appreciation

The prices will hike as soon as the festivities arrive!

According to the broker Deepak, every single project that is coming up here will get appreciation from nearly Rs.400/- to Rs.500/- with the advent of the festival of Diwali. The project was launched 2years back and the current BSP is as follows:

  • 1240sq ft – Rs.4300/sq ft (reselling price), Rs.2400/sq ft (launch price)
  • 1780sq ft- Rs.4200/sq ft (reselling price), Rs.2200/sq ft (launch price)
  • 1980sq ft- Rs.4100/sq ft (reselling price), Rs.2200/sq ft (launch price)

As per the broker, the builder has already sold the entire site and 80% of the payment has already been made.

Rs.300/- to Rs.400/- per sq ft has to be paid to the Government in terms of the EDC+IDC.

All in all, together with EDC + IDC + PLC + Club membership + Car parking, the total sum for additional charges will be Rs.8-9lakhs.

As per the broker, one can buy a shop of 500sq ft at the ground floor at Rs.1crore. Presently, it’s BSP is Rs.17,000/sq ft. Also the buyer can expect an appreciation of Rs.300/ to -Rs.400/- in this commercial space in the next 5-6months.

Expected Possession

Your dream house is 2years away from the date of possession! Take a sigh!!

According to the brokers and the guard who was present at the project site, the apartments will be ready for possession after about the span of 1-2years.

Apartment Size

The choice is multi-faceted so pick the one that complements your lifestyle!

  • 2BHK-(1230sq ft)
  • 3BHK- (1780sq ft)
  • 3BHK- (1980sq ft)

With regards to the amenities like schools, hospitals, shopping malls, taxi stand, commercial space etc, according to the broker, the developer has left the land space to build these amenities in the near future. It will be constructed once people will start living here according to the broker.

The completion time of the Vatika Commercial space with G+2 facility that is coming up is one year as per the broker.

The other project that is coming up in close proximity to this is Bestech Park View Ananda (2BHK and 3BHK apartments).

Point of view of the broker

Pay heed to what the broker says, the info is often reliable!

According to the broker, at present the construction work is not going on due to the water supply issue however, as per him, every tower that is coming up here in the vicinity will be completed in the span of 1-3 years. The project, according to the broker is a favorable investment, as the area in vicinity will be highly developed in the next few years according to him.

Commercial centers are also coming up in sector-83 as well as in the 200meter belt that is moving alongside NH-8 on Dwarka Expressway that is yet to be constructed as per the broker. Also the 82meter road from NH-8 that is coming into the Vatika Township is only available till ½ km due to the fact that a certain portion of it comprises of the agricultural land and homes of villagers who aren’t willing to sell their piece of land. This particular land-piece is on stay as the case between farmers and developer is in Court according to the broker.

Amenities

Scattered here and there, the amenities will definitely check your patience levels!

The major amenities surrounding this project site are located on Gurgaon-Sohna Road.

SCHOOLS HOSPITALS SHOPPING MALLS
Delhi Public School, (8km) Medanta Medicity, sector-38 (10km) Raheja mall (8-9km)
IMT Manesar from kherki Daulha toll plaza (11km) Park Hospital, sector-49 (11km) OMAXE celebration hall (8-9km)
Roseland Public School (3km) McDonalds (8-9km)
Ninex city center
Orchid Business Park (8km)
Vatika Business Park (8km)
  • Hyyat Regency Hotel (3km)
  • Haldiram (4km)
  • Petrol pump (3-4km)
  • Police Station- (4km)
  • Kherki Daulha village (4km)
  • Rampur Village
  • Nawada Village
  • Hero Honda Chowk (4-5km)
  • HUDA Community Center (10km)
  • Ambience Mall on NH-8 (15km)
  • Hotel Leela Kempeski (15km)

 

For information on Primrose Floors, click

https://thetalkingbrick.wordpress.com/2012/09/13/primrose-floors-sector-82-gurgaon/

For information on Emilia and Premium Floors, click on the link below:

https://thetalkingbrick.wordpress.com/2012/09/14/how-emilia-floors-and-premium-floors-fair-against-each-other/

Find information on Iris Floors here:

https://thetalkingbrick.wordpress.com/2012/09/17/iris-floor-sector-82-gurgaon/

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