Visited Lotus Elise last week. It's completed, but I'm assessing its current investment potential. What's the capital appreciation trend and realistic rental yield here? Is the resale market active for a timely exit?
Lotus Elise is a large-scale residential development by Lotus Realtech Pvt. Ltd. spread across 12.0 acres in Sector 99, Gurugram. It comprises 3 towers housing 168 units with 2 BHK from ₹1.67 Cr, 3 BHK from ₹2.15 Cr, 4 BHK from ₹3.22 Cr, 4 BHK Penthouse from ₹3.56 Cr and comprehensive amenities including Children's Play Area, Yoga / Meditation Area, Internet / Wi-Fi, Spa, Swimming Pool, and more.
In Lotus Elise, Sector 99, prices start at ₹1.7 Cr and go up to ₹4.2 Cr depending on the configuration and floor. Available options include 2 BHK from ₹1.67 Cr, 3 BHK from ₹2.15 Cr, 4 BHK from ₹3.22 Cr, 4 BHK Penthouse from ₹3.56 Cr. The average price per sq.ft is ₹12.7K/sq.ft.
You can verify Lotus Elise on the state RERA portal using registration number GGM/377/109/2019/71 DATED 25.11.2019. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
The possession timeline for Lotus Elise is governed by the RERA registration (number: GGM/377/109/2019/71 DATED 25.11.2019). Currently Ready to Move, the project's milestones can be tracked on the official RERA portal for Gurugram.
Lotus Elise by Lotus Realtech Pvt. Ltd. incorporates eco-friendly features across its 12.0 acres development in Sector 99. The project's amenities include Children's Play Area, Yoga / Meditation Area, Internet / Wi-Fi, Spa, Swimming Pool, and more along with rainwater harvesting, waste management, and energy-efficient building standards.
Comments
Yaar, Lotus Elise sunne mein toh accha lag raha hai, but investment potential? ₹1.7 Cr se ₹4.2 Cr, first-time buyers ke liye toh bahut heavy hai. Capital appreciation Gurugram mein ab utni fast nahi hai jitni pehle thi, especially for premium projects. Kya lagta hai, is range mein worth it hai?
Totally agree bhai. Price sunte hi dimaag ghoom gaya. Hamare jaise first-time buyers ke liye toh impossible lag raha hai.