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Tarun Khanna
posted on 8 MaySobha Crescent 63A: Is ₹25k/sqft justified?
Came across a video about the new Sobha Crescent project in Sector 63A, Gurugram. They're talking about launch prices around ₹25k/sqft for 3/4 BHKs (2300-3000 sqft), which is slightly below the current market in 63A. It's for luxury units, of course. Honestly, that still feels pretty steep, even for Sobha. Do you think ₹25,000/sqft offers good value for this location and builder, or is it just too much?
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Honestly, I was also looking at 63A but the prices are just insane. I recently booked a 3BHK in a good project near Badshahpur for almost 30-40% less than this. It's not Sobha, but a decent builder with a much closer possession date. My advice? Don't get swayed by just the 'luxury' tag. Look at the total cost, EMI, and how long your money will be stuck. This 4.7-7.2 Cr range is for a very specific type of buyer.
But you can't compare Badshahpur with 63A directly. Different segments, different target audience. Sobha Crescent is for high-end luxury, not budget-conscious first-time buyers.
Yes, Badshahpur side is definitely more affordable. You get better value for money if you're not fixated on the absolute prime sectors. Quality bhi achi mil jaati hai.
Which project did you book, if you don't mind sharing? Always good to compare.
Dekho, Sobha Limited is a reputed builder, established in 1995, headquartered in Bangalore. Their quality is generally top-notch, and this is a luxury segment project. For Sector 63A, which is a prime location, 25k/sqft might seem high, but you're paying for the brand, amenities, and future appreciation. It's not for everyone, but for those targeting luxury, it's competitive in that bracket.
I get your point about brand value, but current Gurugram market mein itna premium justified hai kya? I've seen properties near Airport Road side, slightly older but established, going for similar or even less. And the possession date for Sobha Crescent is so far off! That's a huge factor to consider for any buyer, especially first-timers who might be paying rent for another decade.
Builder ka naam toh theek hai, but 25k still pinches. Value for money lag raha hai kya at this price point for 336 units?
Totally agree with you! My budget is nowhere near that, even with the slightly lower launch price. It's tough to find something decent these days. By the way, is this project even under construction yet? What's the possession status?
2033? That's an eternity! Builders anyway delay, so it could be 2035 also. Risky business.
Haan, project under construction hai. According to their RERA, RC/REP/HARERA/GGM/1054/786/2026/26, the possession date is 2033-03-01. That's almost 9 years away! Bahut lamba wait hai, especially for a first home. Price range toh 4.7 Cr se 7.2 Cr tak ja raha hai, which is a huge chunk of change to block for so long.
25k/sqft for Sobha Crescent? Bhai, that's just too much for a first-time buyer like me. Even for Gurugram, it feels like a stretch.