Is the resale market for Lotus Elise really liquid? I'm looking at it as an investment but honestly not sure about future exit options. What's the real secondary market like?
Lotus Elise is developed by Lotus Realtech Pvt. Ltd., a reputed real estate developer known for quality construction. The project in Sector 99, Gurugram offers 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 is RERA registered under number GGM/377/109/2019/71 DATED 25.11.2019.
Yes, Lotus Elise by Lotus Realtech Pvt. Ltd. (RERA: GGM/377/109/2019/71 DATED 25.11.2019) is approved by SBI, HDFC, ICICI, and Axis Bank. With prices starting at ₹1.7 Cr for 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, buyers can avail home loans up to 80–90% of the property value.
Lotus Elise by Lotus Realtech Pvt. Ltd. is RERA registered (number: GGM/377/109/2019/71 DATED 25.11.2019), ensuring it meets all regulatory requirements. RERA registration protects buyers' interests by mandating timely delivery and penalising delays.
Occupancy Certificate (OC) status at Lotus Elise depends on the current construction stage. The project is currently Ready to Move. Contact Lotus Realtech Pvt. Ltd. or a Propmyna broker for clarity on OC timelines for specific towers.
Lotus Elise in Sector 99, Gurugram — a Ready to Move project with 168 units — enjoys excellent connectivity to expressways, metro stations, IT parks, schools, and hospitals, all contributing to its 23.63% price appreciation.
Comments
Current market conditions in Gurugram are tricky. While some areas like Airport Road (Gurgaon side) are booming, projects like Lotus Elise might face challenges if initial buyers are all looking to sell. Supply is there, but where's the demand for quick resale at a good profit?
But I've seen some movement in similar
Sahi pakde ho! Airport Road side toh alag hi league mein hai. Lotus Elise ka case wahan se compare nahi kar sakte.
I actually visited the site last year. The units look good, no doubt, but the price range of ₹1.7 Cr – ₹4.2 Cr for 168 units feels a bit steep for the location. I spoke to a broker about potential resale, and he wasn't very confident about quick exits, especially for the higher-end units. Lagta hai investors ko exit karna mushkil hoga.
Totally agree with the price point. ₹4.2 Cr for a completed project, that too without a super strong resale history? Thoda risky lag raha hai. Especially for first-time buyers like us, who are looking for some peace of mind.
Same feeling, yaar. I almost booked a unit near Badshahpur a couple of years back, thinking it was a good deal. But then I saw how slow the resale was for a similar project there. For Lotus Elise, with 168 units, market saturated hone ka risk hai, unless the location has some unique advantage for renting out.
Sahi baat hai yaar. I heard about Lotus Elise, but actual possession status kya hai? And RERA number verify kiya hai kisi ne? Bahut builders delay karte hain.
Exactly! RERA number hone se kya hota hai, builder ka track record bhi toh dekhna padta hai.
Haan, possession toh 2021-09-01 ka hi tha. RERA number GGM/377/109/2019/71 DATED 25.11.2019 hai. But fir bhi, resale market mein demand kitni hai, that's the real question.
Lotus Elise as an investment? Super skeptical. Resale value ka toh pata nahi, liquidity is my biggest worry.