GGR Floor 26 in Gurugram: My thoughts on rental potential and value
Hey everyone, I've been looking into GGR Floor 26 in Gurugram for a potential investment, specifically for rental income. It's listed as COMPLETED, developed by Arun Gaur And Co, part of Gaur Group Realty which has 26 completed projects. That's a decent track record. The price range is ₹2.30 Cr – ₹5.50 Cr, with an average price/sqft of ₹13210. For this segment in Gurugram, you're looking at a certain type of tenant demand: corporate leases, expats, or high-net-worth individuals. The livability and lifestyle offered at this price point would need to be premium to attract them, implying good amenities and location perks. Regarding rental yield, properties in this higher price bracket often see lower percentage yields compared to more affordable options, but potentially better capital appreciation over time. The 'Rera Not Applicable' status is something to consider, as it means it predates RERA or falls outside its scope for other reasons, which some buyers might find concerning when comparing with newer, RERA-registered projects. My take is, while the builder has experience, the rental potential hinges on the exact location, specific amenities, and how it stacks up against other completed luxury properties nearby that might offer similar or better yields with RERA clarity. A detailed ground-level check is essential here.
Comments
That's a very sharp observation, U7. The '0 projects' vs '26 projects' is a major red flag for sure. Also, at 13,210 per sqft, and the current market scenario in Gurugram, capital appreciation might not be as straightforward as it seems. There's a lot of inventory, even in the luxury segment. Rental yield will be lower than a 1 BHK in a developing area, and the re-sale market for 2.3 Cr+ homes can be slow. You need to be very sure about the builder's reputation and financial stability.
Hold on, the original post says 'Arun Gaur And Co, part of Gaur Group Realty which has 26 completed projects.' But the data provided says 'Builder: Arun Gaur And CO, Total projects: 0'. This is a huge contradiction! Is this a new entity, or are they piggybacking on another group's name? This needs to be clarified immediately before anyone considers this project.
I agree with U1 on the RERA point. My cousin bought a flat near Airport Road (Gurgaon side) a few years ago, similar 'completed' status but no RERA. Builder changed the layout, delayed possession, and then demanded extra charges at the last minute. Because there was no RERA, he had very limited options. For 2.3 Cr to 5.5 Cr, you need absolute peace of mind. This is not a small amount to gamble with.
U8, that's a good question. Usually, you'd look for an Occupancy Certificate (OC) and Completion Certificate (CC) from the local authority. Without RERA, these become even more critical to verify independently, not just rely on builder claims.
That's my biggest fear! Builders changing terms last minute. Is there any way to verify if a 'completed' project actually has all its clearances, or if it's just 'completed' in the builder's eyes?
Oh no, that's a nightmare scenario! Thanks for sharing this. It really makes me think twice about any project without RERA, no matter how good the location seems. It's a risk I'm not sure I can take.
But guys, the location must be prime if it's in Gurugram and demands that price. Expats and HNI tenants usually look for top-notch amenities and connectivity, especially if it's close to Cyber City or Golf Course Road. The rental yield might be lower percentage-wise, but the absolute rent would be high, right? That's still a good income.
Bhai, this GGR Floor 26 sounds good on paper, but RERA Not Applicable is a huge red flag for me. Especially with the price range starting at 2.3 Cr. How can you invest so much without that security? My friend got burned badly on a pre-RERA project near Badshahpur, possession got delayed by years and no recourse. Rental yield ke chakkar mein, original capital bhi phas jaata hai. What's the real possession date, anyone know?
Haan, the RERA part is super concerning. Aur Arun Gaur And Co ka track record, I'm not sure about the '26 completed projects' thing. I checked online, and it says 'Total projects: 0' for this builder. That's a massive discrepancy from what the original post mentions about Gaur Group Realty. This needs clarification.
Exactly! RERA is there for a reason. Bina RERA ke toh builders kuch bhi bol dete hain. I saw this project on another site, it said possession is 2024-11-01. But who knows if that's real without RERA backing?