As per Location
The Vatika City Centre is located in the sector -83, Gurgaon, which is adjoined to the ready to move residential township the Vatika INXT. The beauty of this project is that this project located on the front of NH-8 (National Highway-8). This project is 100% visible to all passers from the nearby sector roads, Dwarka Expressway, and the traffic of NH-8. So can say that the Vatika City Centre is an excellent location property/project.
Possession | Construction Update
The Vatika City Centre project was launched in the year 2013. The promised date of delivery/possession was in the month of March-2015. But the project is still under construction. This project is already delayed by more than two years. The project may be the delay for more couple of years.
Advantages | Good Factors
As we Analyze that the location and layout design of the Vatika City Centre is very impressive. This project has a wide frontage, and properly visible from the NH-8, Dwarka Expressway and ready to move residential township the Vatika INXT. The project is surrounded by several urban rich residential societies like The Vatika Gurgaon-21, The Vatika Lifestyle Homes, Vatika City Homes, The Vatika India Next Plots, The Vatika Boulevard Residences and Heights, The Vatika The Seven Lamps, The Vatika Signature Villas, The Bestech Park View Grand Spa, The Vipul Lavanya Apartments, and The Antriksh Heights, etc. Which is a very good sign for commercial investment.
The ground floor commercial retail shop of this project is properly visible and looks like the high street open market, especially the road facing retail shop, so the investment in the ground floor front road facing shops can give excellent returns in future.
The sector 83 and 82 is high-density population area. There are more than 5 thousand flats and more than 20 thousand urban rich residential populations, which is also a very good sign for the Vatika City Centre commercial investment.
As we aware that entire Dwarka Expressway, New Gurgaon development work is dead slow, but the sector 83, 82, 84 and 85 is properly connected to the NH-8 and main Gurgaon area. The public transport facility and other civic facilities are in better condition than the other sectors of the Dwarka Expressway. So the investment in the Vatika
City Centre is very fruitful.
The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business.
There is a proper parking space for stakeholders and visiting guests. The Vatika City Centre is GMDA (Gurugram Metropolitan Development Authority) approved, so there is no legal hassle in this project.
Products & Developer
The Vatika City Centre is situated in sector 83, Gurgaon/Gurugram. This project is under developing by the Vatika Group. The Vatika City Centre consists of commercial retail shops. Food courts, Commercial office space, and entertainment etc.
The Vatika Group has a good market reputation in the real estate industry. He has successfully handover several residential and commercial project in the Gurugram (Gurgaon). So the investor can invest in this project without any hassle.
The Vatika City Centre is the right choice of investment for those who are looking for ROI in the next year or so. They can get the real appreciation of value for resale in a couple of years.
If construction/possession of the Vatika INXT City Centre is complete on or before new set time frame than this commercial project will give excellent returns to investors because at present there is no any prime location, mega, ready to move commercial project in this location. i.e NH-8, sector 82, 83 etc.
Sector 83 has oversupplied commercial projects. So while investing choose carefully. Our advice, choose advanced stage or ready to move commercial project for investment.
Right now the ground floor retail shops are available in the Vatika City Centre in sale and resale at the price INR Rs 14K per sq ft to INR Rs 15K per sq ft, depends on the floor, location and asking price.
The price is reasonable for investment.
The retail commercial shops of the Vatika City Centre can be leased at the price INR Rs 80/- per sq ft to INR Rs 100/- per sq ft per month and in future rent value can be the INR Rs 120/- per sq ft to INR Rs 135/- per sq ft per month on the ground floor. If the developer of the Vatika City Center completes this project in the new set time frame.
The Vatika City Centre is good for retail business startups.
The investments in Vatika City Centre, may get minimum 4% to 5% per annum return. At present, if you are investing in the Vatika City Centre, ground floor commercial retail shops, Within 3 year, you can get a price of INR Rs 20K per sq ft to INR Rs 25K per sq ft expected.
Our advice, the investment in the Vatika City Centre commercial project is safe and avail good returns in near future.
NOTE: BEFORE INVESTING TO YOUR OWN RESEARCH