Since January, I've been eyeing GLS Avenue 51 for investment. I work in real estate, but buying for myself is different, you know. Project completed hai, but I'm worried about RERA compliance issues affecting future resale. What's the real investor vs end-user ratio there? Don't want a ghost society affecting my exit strategy.
GLS Avenue 51 is a Ready to Move residential project by GLS Infra located in Sector 92, Gurugram. It spans 6.0 acres and comprises 912 units across 1 towers, offering 1 BHK from ₹3.13 Cr, 2.5 BHK from ₹6.09 Cr, 3 BHK from ₹6.63 Cr. 10 min to Golf Course Ext. Road.
GLS Infra offers flexible payment plans for GLS Avenue 51 covering 1 BHK from ₹3.13 Cr, 2.5 BHK from ₹6.09 Cr, 3 BHK from ₹6.63 Cr priced from ₹31.3 L – ₹66.5 L. Construction-linked plans and subvention schemes are available — connect with a Propmyna broker for the latest options.
You can verify GLS Avenue 51 on the state RERA portal using registration number 233 of 2017. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
The possession timeline for GLS Avenue 51 is governed by the RERA registration (number: 233 of 2017). Currently Ready to Move, the project's milestones can be tracked on the official RERA portal for Gurugram.
GLS Avenue 51 in Sector 92, Gurugram commands strong rental demand given its prime location and quality construction. With prices at ₹8.3K/sq.ft and appreciation of 14.41%, investors typically see rental yields of 3–5% per annum.
Comments
Totally understand your concern about the investor vs end-user ratio. I almost bought into a project in Baharampur Naya a couple of years back. Price was good, but later found out 80% were investors
Bhai, ye RERA compliance ka issue completed projects mein bhi headache deta hai. Especially jab resale ka socho. My friend got stuck in a project near Airport Road (Gurgaon side) jahan builder ne occupancy certificate mein bahut time laga diya. Same fear for GLS Avenue 51.