Central Park Resorts Sky Villas

in Sector-48

Central Park Resorts Sky Villas is an completed premium residential property. Situated strategically in Sector 48, Gurgaon. The project boasts of superior lifestyle amenities plus an easily accessible location and an array of thoughtfully designed 2 BHK, 3 BHK and 4 BHK. Central Park Resorts Sky Villas houses state-of-the-art Apartments that are sure to give you a superior lifestyle.

Central Park Resorts Sky Villas is Situated at Sector-48, Gurgaon, Haryana, INDIA. one of the most sought after locations in Gurgaon. The area has well connectivity to hospitals, recreation areas and malls etc. Residents can enjoy a great work-life balance by staying in these Apartments.

Comforts and Amenities:.

The project comprises of a meticulously designed array of Apartments with minimum area starting at 5495 sqft and maximum area of 9500 sqft. Some of the most prominent amenities available as part of this project are 24Hrs Water Supply, 24Hrs Backup Electricity, CCTV Cameras, Compound, Covered Car Parking, Landscaped Garden, Security Personnel and Waste Management. Central Park Resorts Sky Villas is approved by almost all top banks in the city and hence finding a housing loan is not a difficult task. Duly approved by development authority of the city, these houses are best suited for individuals looking for a hassle-free lifestyle.

Construction and Availability Status:. Completion of Central Park Resorts Sky Villas will be over by Dec-2018. In terms of percentage the number of units sold out at this residential complex is 100.

Units and interiors:.

The project comprises of 16 floors with a total of 21. The project is spread over a sprawling area of 20.00.

Builder Information:.

One of the most trusted builders in the city of Gurgaon. They have a long legacy of meticulously designed and successfully delivered projects. Central Park Resorts Sky Villas is yet another Residential in their portfolio.

Seated amidst the famous Badshahpur Jheel, Sector-48 is a rapidly developing residential locality. Its proximity to the two prominent IT Parks, Welldone Tech Park and Vipul Business Park, is one of the major factors contributing to the high property demand in this locality.

When it comes to social infrastructure, the locality houses many educational and healthcare institutions. G D Goenka Public School, ISBM Gurgaon, BIMT Gurgaon, Eden Castle School, and MatriKiran School are some of the noteworthy schools and colleges here. The hospitals in Sector-48 include Trinity Dental Healthcare Centre, Krishna Netralaya, Sona Devi Memorial Hospital, and Sai Hospital.

The commercial infrastructure in the area complements its developed social infrastructure, with malls like Raheja Mall, Omaxe Gurgaon Mall, and JMD Galleria Mall, and popular eateries such as Domino's Pizza, The Oriental Pavilion, Moets, Lebanon & Beyond, and PizzaVito spread out in the region.

Connectivity and Transit Points

Blessed with a few well-maintained roads like Sohna-Gurgaon Road, CD Marg, and Netaji Subhash Marg, Sector-48 revels in excellent road service and connectivity to its neighbouring localities.

Basai Dhankot and Garhi Harsaru Junction Railway Stations are the major rail transit points that facilitate inter-city rail transport to Delhi, Noida, and Ghaziabad. Delhi's major railway stations, Nizamuddin Railway Station and Delhi Junction, are situated 38 km away.

HUDA City Center Metro Station, a part of Delhi Metro, is located 9 km from this Sector. This station facilitates both inter-city as well as intra-city transport. The main bus stops in the region include CD Chowk 1 and South City 2 bus stops, which lie within a 2-km radius, and facilitate inter-state travel.

Air transport is facilitated by Indira Gandhi International Airport situated 21 km away, and can be reached within 28 minutes via NH-8.

Major Landmarks

Welldone Tech Park

Sohna-Gurgaon Road

Vipul Business Park

Badshahpur jheel

Chocolate Obsessions

Factors for Growth in the Past

Development of important roads like Sohna-Gurgaon Road and Netaji Subash Marg was one of the prime factors that paved the way for major developments in Sector-48. Also, the region’s proximity to bus stops and railway stations caused its real estate market to flourish.

Land availability was another factor that caught the attention of reputed builders like Victory Projects, Sweta Estates Pvt Ltd, Vipul Limited, and Bestech India Pvt Ltd, who set up several residential projects in the area. The establishment of educational institutions, hospitals, and malls followed, and improved the realty market here.

Residential and Commercial Market

Residential Market Trends

Apartments dominate the property spectrum in Sector-48. The region is tagged as a rapidly developing locality, because majority of the projects here are completed, and ready for possession. The average rate of 2-4 BHK apartment units in Sector-48 is Rs 9,150 per sq. ft., while the average rate of 5 BHK houses is Rs 10,224 per sq. ft. The average rate of residential plots in Sector-48 is Rs 20,380 per sq. ft. The selling price of 2-4 BHK apartments in Sector 48 units range from Rs 1 crore to 2 crore, and the price for residential plots and houses range between Rs 1 crore and Rs 4 crore.

The rent price for a 2 BHK ranges between Rs 23,500 per month and Rs 27,500 per month. The average rent for 3-4 BHK apartments is Rs 35,000 per month, while the rent rate for 3-5 BHK range from Rs 30,000 per month to Rs 80,000 per month.

Commercial Market Trends

Although the region is predominantly a residential one, the commercial market is significantly improving. The average rate of an office space in Sector-48 is Rs 5,300 per sq. ft., and for shops it is Rs 16,400 per sq.ft. The average rent for offices and shops in this sector is Rs 82,240 per month and Rs 40,650 per month, respectively.

Major Challenges

In spite of being a well-developed locality, a few civic issues hover over Sector-48. Poor maintenance of parks and sanitation issues, for instance, are a civic challenge.

Inadequate provision of basic amenities like water and electricity is another problem that needs immediate addressing. The locality is subjected to frequent power cuts and water shortages, adding to the woes of the residents.

Factors for Growth in the Future

The construction of DLF-HUDA Expressway will make travelling within Gurgaon a lot easier. A corridor in Sector 25 stretching up to Sectors 55 and 56 is going to be implemented soon, so as to reduce traffic congestion to a large extent. These measures to curb traffic and improve connectivity will work in the locality’s favour, and prompt growth of the realty market in Sector-48.

The residential market is already booming with projects like Vipul Greens, Bestech Park View City I, and BPL Apartments up and running. The completion of various other multi-storey buildings and large-scale projects like VG 48 and Central Park-II will definitely play a vital role in accelerating real estate growth and making Sector-48 an attractive locality to buy property.