Shree Vardhman Victoria in Gurgaon: A look at unit layouts and value for investors
For investors eyeing completed projects in Gurgaon, Shree Vardhman Victoria (RERA: 70 OF 2017) presents an interesting case. This project, featuring 592 units across 10 towers, offers apartments priced from ₹1.65 Cr to ₹2.47 Cr, with an average price of ₹12690 per sqft. When evaluating, the primary focus for an investor should be unit configurations, carpet area efficiency, and overall layout design for the price. Given the price point, buyers expect well-planned spaces. Efficient layouts, meaning minimal wasted corridor space and generously sized rooms, directly translate to better livability and potentially higher rental yields. It’s crucial to assess the carpet area to super area ratio during site visits. Are the balconies functional? Is natural light optimized? For a completed project, immediate rental income is a key metric. Consider the demand for 2BHK/3BHK units in its specific locality within Gurgaon. Capital appreciation will depend on the area's continued infrastructure development and demand trends. My takeaway: while the price per sqft aligns with the market, an on-site inspection to verify actual space utilization against the cost is essential for a true financial assessment.
Comments
Honestly, at this price point, I would rather look at slightly older but established projects in areas like Baharampur Naya or even Basai. Unki quality tested hai aur re-sale value bhi predictable rehti hai. New builder, new project, itni high price, thoda ghabrahat hoti hai.
My broker was pushing this project to me last month. He said it's a good deal because it's completed and ready to move. But the 'Total projects: 0' from the builder is a huge red flag for me. First time buyer hoon, itna risk nahi le sakta. Kya guarantee hai ki quality construction hogi ya amenities maintain honge?
Article mein jo carpet area to super area ratio ki baat ki hai, woh bahut important hai. Kai baar builders super area itna inflate kar dete hain ki actual usable space bahut kam lagti hai. What's the general feeling about this project's ratio? Kisi ne measure kiya kya ya floor plan dekha hai detail mein?
RERA number 70 OF 2017 hai, toh at least legal checks toh ho gaye honge. Par ₹12690 per sqft average price seems high for an area which isn't exactly prime Golf Course Road. Rental yield ka kya scene hai yahan? Koi bata sakta hai ki 2BHK/3BHK ki demand kaisi hai is locality mein?
Totally agree with U5. Rental yields in Gurgaon are often lower than expected due to high property values. For a property starting at 1.7 Cr, you'd need a substantial rent to make it worthwhile. Plus, maintenance charges would be additional. Have to factor that into your monthly outgoings.
U4, rental demand is decent because of the office hubs nearby, but competition bhi bahut hai. Ek friend ka flat hai Airport Road ke paas, usko bhi rent pe chadane mein time lag gaya. Is price point pe investors ko ROI calculation bahut carefully karna padega. Capital appreciation future infrastructure pe bahut depend karega.
Bhai log, ye Shree Vardhman Victoria ke baare mein kya views hain? Article bol raha completed project hai, toh possession ka tension nahi hoga. But 1.7 Cr se shuru ho raha hai, mere budget se thoda upar hai. Koi site visit kiya hai kya? Layouts kaise hain actually?
U1, main site visit karke aaya hoon last month. Layouts theek hain, especially the 3BHKs. Carpet area efficiency par article mein jo likha hai, woh sach hai. Balconies functional hain, but natural light depends on the specific tower and unit orientation. Near Badshahpur, location acchi hai in terms of future development, but connectivity to main city roads thodi slow hai abhi.
Haan, maine bhi dekha tha ye project. Prices toh Gurgaon mein ab aise hi chal rahe hain yaar, especially completed ones. Lekin builder ka track record dekh lo, 'Total projects: 0' likha hai article mein. Thoda risky lag raha hai for first-time buyers like us. Kya pata after-sales support kaisa ho?