As per Location
Tapasya 70 Grandwalk situated in the sector-70 Gurgaon. The project has multiple entries and exit points. It’s a 2-side open corner property. This project is very close to Southern Peripheral Road and properly visible and walkable to sector-70, Gurugram residents.
The sector-70 is a high-density population area. There are more than 20-thousand flats and more than 40-thousand residents, and that is a very good sign for commercial property investment.
The IGI airport is just 30-minutes away from sector-70, Gurgaon. The Tapasya 70 Grandwalk is properly connected with the Metro route and NH-8 Highway. The Tapasya 70 Grandwalk is in the center of several posh residential group housing societies.
Tapasya 70 Grandwalk is very well connected with NH-8 and other main points of Gurgaon. Major hotels & Hospitals are in close proximity. Prominent institutions in the closest proximity such as DPS, Indus World School, Kunskapsskolan school, etc.
Tapasya 70 Grandwalk, sector-70 is very well connected to multiple public transportation facilities and other civic facilities. So can say that the Tapasya 70 Grandwalk has an excellent location project.
Possession | Construction Update
| Construction Status | Under Construction |
| Launch/Start Date | 2014 |
| RERA Registration No | Tapasya 70 Grandwalk- 28 OF 2017 |
| Previous Possession Date | June-2017 (Expired) |
| RERA Possession Date | June-2022 |
| Construction Stage | Ongoing |
| Construction Company | |
| Live Updates | |
| COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion extended for 6 months for all projects expiring on or after 25.03.2020 by the Government |
Advantages | Good Factors
There are several big residential ready to move and under-construction projects in sector-70 Gurgaon such as Tulip White, Tulip Orange, Tulip Ivory, Tulip Violet, Tulip Purple, Tulip Lemon, GPL Eden Heights, BPTP Astaire Garden, Unitech Vistas, Radiant Pragati Heights, Krrish Florence Estate, Unitech South Park, Lord Krishna m3M Premium, GPL New Luxurious Tower, Unitech IVY Terraces, Unitech Crestview apartments, Unitech Anthea Floors, GPL Mint Towers etc are in close vicinity of Tapasya 70 Grandwalk. which is a very good sign of commercial property investment.
Sector-70, Gurgaon is a high-density population area. There is a huge urban rich residential population surrounding the Tapasya 70 Grandwalk commercial project. There are more than 20 thousand flats and an urban rich residential population of more than 50 thousand peoples in this area. which is also a very good sign for commercial property investment in i.e. TAPASYA 70 GRANDWALK.
The commercial project which will give possession first in this location of sector 70 Gurgaon can give better returns in compression of other commercial projects of this location. And the Tapasya 70 Grandwalk is nearing the possession. Our investments better growth depends on the possession first. Because of at present there are no any big ready to move Mega commercial project/ property available in this location of sector-70. So we advice choose the advance stage construction commercial project for investment in the sector-70 Gurgaon.
Commercial Real Estate Project Investment Criteria Table
| MUST REQUIRED FACTORS | ACTUAL FACTS-TAPASYA 70 GRANDWALK | GRADING |
| Urban Rich Gentry | Upper Middle Class, Middle Class. Within walking distance, several high-class residential group-housings such as Tulip White, Tulip Orange, Tulip Ivory, Tulip Violet, Tulip Purple, Tulip Lemon, GPL Eden Heights, BPTP Astaire Garden, Unitech Vistas, Radiant Pragati Heights, Krrish Florence Estate, Unitech South Park, Lord Krishna m3M Premium, GPL New Luxurious Tower, Unitech IVY Terraces, Unitech Crestview apartments, Unitech Anthea Floors, GPL Mint Towers etc | A1 |
| Prime Location | GOLD | A |
| Connectivity | Nearest Metro Station 25-Minutes (Huda City Center) International Airport-28.4Km (IGI Airport |
A |
| Layout Design | Grand ceiling heights, full of vigor and vitality, excellent layouts, wide corridors, proper sitting & walking arrangements, highly visible retail, International standards office space | A1 |
| Multiple Entries | Yes | A |
| Visibility | Highly visible, 2-side open corner property, very wide frontage | A1 |
| High-Density population | Within walking distance more than 20-Thousand Flats and 50-thousand urban rich people and can denser more in upcoming years. | A |
| Youthful Footfall | Yes | A |
| Public Security | Police Station -10-Minute Fire Station 10-Minute |
A |
| Industrial Area | Within 3-Km | A |
| Urban/Civic Facilities | Maximum facilities available | B |
| Developers Credibility | Updating soon | |
| Price Comparison | Competitive price | A |
| Competitors | simple_tooltip content=’ Tapasya 70 Grandwalk, Spaze Forum, Reach 3 Roads.’]A few competitors within a radius of 500-Meter [/simple_tooltip] | B |
| Expected ROI | 6% to 7% Annually | A |
Key Points
There are more than 3 mega commercial projects in sector-70, Gurugram like the Tapasya 70 Grandwalk, Spaze Forum, Reach 3 Roads, etc. And Tapasya-70 Grandwalk & Spaze Forum is nearing the possession. Actually, the commercial projects which will give possession first in sector-70 Gurgaon may give the best returns.
If construction/possession of the Tapasya 70 Grandwalk shall be completed before the other commercial project of sector 70 and surrounding areas than this commercial projects will give excellent returns to investors. Because at present there is no ready to move mega Mall type project in sector 70 Gurgaon to cater for shopping and entertainment needs for the residents of sector 70 Gurugram. And the Tapasya Seventy Grandwalk fulfills this required criterion.
Serviced apartments/Studio apartments can be also a good investment if they are pre-leased to any reputed hospitality brand.
Advice
Tapasya 70 Grandwalk is can be the right choice of investment for those who are looking for ROI in the next year or so. They may get a real appreciation of value for resale in a year.
If anyone wants to invest in this location of sector-70 Gurugram commercial projects, prefer advance stage construction projects or ready to move projects. We strongly advise avoiding soft launch/pre-launch/new launch/primary stage under construction commercial projects of sector-70 Gurugram completely.
Products & Developer
Tapasya 70 Grandwalk project is under developing by the Tapasya group (Shine Buildcon Private Limited). This project consists of Retail shops, Food Courts, Luxury Serviced Apartments, Studio Apartments, Multiplex, and Entertainment facilities, etc.
Builder Profile
Tapasaya group builder has a good market reputation in the real estate industry. He has successfully delivered several commercial projects in Delhi-NCR.
Price | Lease Price
Tapasya 70 Grandwalk retail commercial shops, serviced apartments price start at approx:-
| UNIT TYPE | FLOOR | PRICE (PSF) |
| Retail Shop | Ground Floor | 12,500 |
| Retail Shop | First Floor | 9250 |
| Retail Shop | Second Floor | 7250 |
| Studio Apartments | 6250 | |
| Office Space | 6000 |
Tapasya 70 Grandwalk Price, Developers DeliveryTrack Record Comparison With Other surrounding Commercial Projects Of Sector 70 Gurgaon
| PROJECT NAME | PRICE (PSF) | POSSESSION/RECORD |
| Tapasya 70 Grandwalk | 7,250-13,500 | On-time |
| Elan Epic | 19,750-21,750 | Delay |
| Reach 3 Roads | 9,000-15,000 | On-time |
Conclusion
Tapasya 70 Grandwalk is good for retail business startups.
If construction/possession of the Tapasya-70 Grandwalk shall be completed before the other commercial projects of the sector-70 Gurgaon then this commercial project will give excellent returns. After completion possession, the investors can get a minimum of 5% to 6% per annum returns.
CPR Ratings
NOTE: BEFORE INVESTING, DO YOUR OWN RESEARCH
