Investment in Raheja Vivanta

Q: Hi, I am considering to invest in Raheja Revanta project, in a 2 BHK (1621 sqft) appartment. The option available is only ground floor with an additional 400sqft of private garden. The BSP being quoted is 8075 per sqft.
Is this a fair price given the project was launched at a much lower price?
If yes, what is the expected return in next 3-5 years?

Vishal Seth,

21st September 2014

Investment Advice in Raheja Revanta Surya Tower, Sector-78, Gurgaon

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Replies (2)

Hey Guys,
I am keen to buy an apartment. I was told to go for sector-78 area. Need some info about this sector. Kindly share the price trend & nearby availability too. Thanks

Vashi K, Gurgaon

15th October 2015

Comment

Hi Vashi,
Sector-78 is one of the prime residential area in Gurgaon. Being located close to Delhi-Jaipur Expressway, this sector is becoming a prime hot spot for end users as well as investors. Sector-78 is encompassed by Sector- 77, 80, 79 , 82A & 81A. This sector is well connected with neighborhoods via city transport & Shikohpur Village Main road. Sector-78 is the most valuing sector in upcoming Gurgaon.

V. Victor,

15th October 2015

@Vashi,
As per my knowledge, Sector 78 is very much suitable for investment. This sector-78 is the most acknowledging location in forthcoming Gurgaon. This is mostly a developing sector. Encompassed by acres of greenery and open area. Every individual like this sector due to rush free traffic and numerous other adjacent accessibility.

Sukhwinder Kher, Gurgaon

15th October 2015

Hey Guys,
According to sources, Sector 78 is a flourishing location that offers a considerable measure of entertainment, relaxation and health care services as far as shopping centers, malls and hospitals found close-by. Sector-78 is a premium decent residential property location, having all daily basic amenities close by.

Sumit Bhusan, Gurgaon

15th October 2015

Sector-78 will become a gold mine in near future. The upcoming metro station is close-by. This sector is deliberately situated in the quickly developing Suburban Business District on the Delhi-Ajmer Expressway (NH-8). The Indira Gandhi International airport is situated at a short distance from this territory.

V. Victor,

15th October 2015

Hi Guys,
The commencement of expected Delhi-Mumbai Industrial Corridor should likewise assist in with boosting the infrastructure of this zone. Easy availability to all ranges of the NCR and much well arranged infrastructure is making this place a most loved among all residential as well as commercial developers.

Veena K,

16th October 2015

As per sources, the average residential price of this sector was around 3272/sq-ft in year 2011. After many ups & downs this price has touched around 5355/sq-ft in year 2015. Definitely investment is a good option here. Sector is developing, many well known builders are engaging them self here. Commercial & residential projects are developing in this sector. It may take a while but investment return will be good.

V. Victor,

17th October 2015

Hi vishal,
I think 2 BHK of 1621 sq-ft in ground floor is not available. Yes you are right the BSP is 8075/sq-ft which increased . It is because this project is in sector -78 ,which is a developing sector of gurgaon and has many major infrastructures in its vicinity. So definitely price will increase.

Hitesh, Gurgaon

22nd September 2014

Comment

Hi All,

Yes this is a developing sector which situated near to NH-8. Well planned,well connectivity of this sector, shows more impact on the average residential price . Definitely this project will provide best return in next 3-5 years.From investment point of view, you will get 70 % premium + 1400/- on BSP IF you are selling this property to builder after 3-5 years.

Naveen, Gurgaon

22nd September 2014