Review : Investment in Vatika City Centre, Sector 83, Gurugram, Loss or Profit

Review

CPR Ratings

As per Location
Vatika City Centre is situated in sector-83 Gurgaon. The project has a very wide frontage and very impressive layout design. The project is exactly at the front of NH-8.

Vatika City Centre is adjoined to Vatika India Next township. IGI Airport is just 26-Km and Huda City Centre Metro Station is just 16-Km away from Vatika Town Square.

Vatika City Centre is right in the middle of several posh residential areas. There are more than 5-thousand flats and an urban rich residential population of more than 6-thousand people, which is a very good sign for commercial property investment.

Vatika City Centre caters to an immediate catchment of a big crowd of the Vatika INXT, NH-8, and nearby residential colonies. The Vatika TCity Centre is properly visible and walkable to every resident of nearby localities. So can say that Vatika City Centre is an excellent commercial project.

Possession | Construction Update

Construction Status All most-ready for possession- 2020
Launch/Start Date 2013
RERA Registration No Vatika City Centre- (No RERA)
Possession Date (Expired) March-2015
Possession Date (Revised) Now ready for possession (2020)
Height G+9, Total 6 Towers
Construction Stage on completion
Construction Company

 

Advantages | Good Factors
Vatika City Centre is the part of mega residential township Vatika India INXT. The project is all surrounded by several urban rich residential societies such as Vatika Gurgaon-21, Vatika Lifestyle Homes, Vatika City Homes, Vatika India Next Plots, Vatika Boulevard Residences and Heights, Vatika The Seven Lamps, Vatika Signature Villas, Bestech Park View Grand Spa, Vipul Lavanya Apartments,  Antriksh Heights, etc. There are more than 9-thousand flats and an urban rich residential population of more than 30-thousand peoples. And that is a very good sign for commercial investment.

All the ground floor retail shop are perfectly designed for maximum visibility. There are wide corridors and proper sitting arrangements. Elevation and layout design enchants the mind. People can enough shopping and leisure time here.

As we aware that entire Dwarka Expressway, New Gurgaon development work is dead slow, but sector 83, 82, 84 and sector 85 is properly connected to NH-8 and main Gurgaon area. The public transport facility and other civic facilities are in better condition than the other sectors of the Dwarka Expressway.

The layout design of commercial office space is also very impressive. The office space is well furnished and designed to cater to every business. There is a proper parking space for stakeholders and visiting guests.

The Vatika City Centre is GMDA (Gurugram Metropolitan Development Authority) approved, so there is no legal hassle in this project.

Advice
The Vatika City Centre is the right choice of investment for those who are looking for ROI in the next year or so. They can get a real appreciation of value for resale in a couple of years.

Products & Developer
Vatika City Centre is under developing by the Vatika Group. The Vatika City Centre consists of commercial retail shops. Food courts, Commercial office space,  and entertainment facilities, etc.

Builders Profile | Track Record

  Vatika Limited, builders,profile,track record
PREDECESSOR Vatika Limited, Vatika Landbase Limited, Vatika Landbase Private Limited, K.J. Realtors Private Limited
FOUNDED 1998
FOUNDERS Anil Bhalla
KEY PEOPLE Gautam Bhalla, Brij Kishore Singh, Vijender Kumar, Gaurav Bhalla
COMPANY | PROMOTER Vatika
PRODUCTS Apartments, Townships, Villas, Commercial Offices, Shopping Malls, Retail, Multiplexes, Coworking spaces
AREA SERVED Delhi, Gurgaon, Ambala, Jaipur
PROJECT COMPLETED MG Road:- Vatika Triangle, Vatika City Point, First India Place
Golf Course Road: Vatika Towers, Vatika Atrium
Golf Course Extension Road: Vatika Professional Point
Sohna Road:- Vatika Business Park
NH-8:- INXT City Centre, The Light House
Mathura Road:- Vatika MindScapes
Gurgaon: Market Place-1, Market Place-2, Vatika Town Square, Vatika Town Square-2
Ambala:- Ambala City Centre
PROJECTS ONGOING One India Next
PROJECTS UPCOMING
DELIVERY TRACK RECORD Poor
NET WORTH
STRENGTH
COMMITMENT Quality construction & maintenance
RISK Delay possession
DEBT Updating soon…
LITIGATION  YES (Facing unfair trade practice charges in Indian courts)
OFFICE ADDRESS Registered office: Vatika Limited, 4th Floor, Vatika Triangle, Sushant Lok Block A, Phase 1, MG Road, Gurgaon – 122002, Haryana, India, T: 0124-4177777 • F: 0124-4177700 • E: connect@vatikagroup.com
BUILDER CATEGORY GOLD

 

Price | Lease Price
Vatika City Centre retail shops, office space price start at approx:-

UNIT TYPE SIZE (Sq Ft) PRICE (PSF) LEASE PRICE (PSF)
Retail Shops (GF) 750-4000 17,000-22,000 100-120
Retail Shop (FF) 750-4000 8000-14000 70-90
Office Space 750-12000 7000-8000 40-60

The price is reasonable for investment.

Conclusion
Vatika City Centre is good for well established retail brands and also good for retail business startups. The investments of Vatika City Centre may get a minimum of 5% to 6% per annum return.  The investment is good for regular rental income.

CPR Ratings

Investors Vote
[Total: 2 Average: 3]

NOTE: BEFORE INVESTING TO YOUR OWN RESEARCH

3 Comments

  1. Vatika city center, good project, good location with good connectivity but very slow construction.
    When this project 100% completes ?
    Is there any deadline?

    Reply
  2. Any one interested in VATIKA CITI CENTRE SECTOR 83 commercial space upto 1000 sq ft .pl contact me at 9560509434.

    Reply
    • Chhabra ji kyo logo ko fasa rahe ho .
      Vatika chor hai

      Reply

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