Sobha International City which is in Sector 109 of Gurgaon seems to have raised the bar for luxury real estate projects across National Capital Region (NCR). It is true that there are a lot of inventories which cater to a particular niche of investors, those who are willing to pay huge amounts of money to acquire a property in an area with low density. However, there seem to be very few residential projects where the primary focus is on low-rise development. For instance, in a township by Vatika Group, India Next, a mixed variety of real estate development is evident – with skyscrapers and plotted development options. A similar trend has been adopted by other prominent developers in townships such as DLF Garden City. Here too, a mixed bag is offered. Considering this, the management of Bangalore based Sobha Developers Limited seems to have taken ‘a leap of faith’ by undertaking this project which primarily has on an offer for sale plotted developments in the form of villas and low rise row houses.
Is it really a leap of faith or a smart move on the part of the developer to plan low rise structures in its mega township which spans across 150 acres? If you type ‘Sobha International City Sector 109 Gurgaon’ on the search bar of Google, a global internet search engine widely used in India, you will get a lot of positive reviews about this project. Clearly, the target audience is appreciative of low-rise development project, particularly this one. This might have something to do with the fact that in Delhi, a number of people prefer low-rise development over high rise development. Accordingly, if you choose to invest in a property which is based on, let’s say, the 14th floor of a high-rise tower, chances are that it will cost you much less in comparison to acquire a plot of the same size on, let’s say, the ground floor. On the contrary, in the real estate market of Mumbai, the trend is just the opposite. A property on a higher floor will cost more and that on the lower floor will cost less. For people who have lived in Delhi, but wish to settle down in Mumbai, this system works perfectly. For, mostly, they prefer to live in a low-rise structure and such a residence will cost them less in Mumbai than one in Delhi. However, a strict analogy cannot be drawn between the two markets considering the rate per square foot of property in a prime location of Mumbai is much higher than the market price for such a property in Delhi.
It is noteworthy that low rise development offers residents far more privacy than those available in high-rises. Usually the best way to design private residences in an apartment structure is by offering one or two apartment per floor. However, there are very few ongoing projects which offer such a configuration. Moreover, another advantage to live in a villa at Sobha International City is that you can cultivate your own private garden in the front or back lawn here. In a condominium, usually, you will have an option to share the space with the rest of your neighbours. Remember, this particular project which is being discussed is one of the few ongoing projects where low-rise development is being offered with the best of amenities and specifications. The keywords to remember are ‘Sobha International City Gurgaon.’ While currently Phases I and II are being offered in Sector 109, Phase III will be launched in Sector 106 of Gurgaon. It remains to be seen whether in Phase III, the developer ‘sticks’ to the plan of promoting low-rise development or not.
Contact realty experts at Favisa Real Estate for booking details.
For Booking and More Information:
Favista Real Estate
India: 09999536147
Mail ID- [email protected]
Web Site- http://www.favista.com
Is it really a leap of faith or a smart move on the part of the developer to plan low rise structures in its mega township which spans across 150 acres? If you type ‘Sobha International City Sector 109 Gurgaon’ on the search bar of Google, a global internet search engine widely used in India, you will get a lot of positive reviews about this project. Clearly, the target audience is appreciative of low-rise development project, particularly this one. This might have something to do with the fact that in Delhi, a number of people prefer low-rise development over high rise development. Accordingly, if you choose to invest in a property which is based on, let’s say, the 14th floor of a high-rise tower, chances are that it will cost you much less in comparison to acquire a plot of the same size on, let’s say, the ground floor. On the contrary, in the real estate market of Mumbai, the trend is just the opposite. A property on a higher floor will cost more and that on the lower floor will cost less. For people who have lived in Delhi, but wish to settle down in Mumbai, this system works perfectly. For, mostly, they prefer to live in a low-rise structure and such a residence will cost them less in Mumbai than one in Delhi. However, a strict analogy cannot be drawn between the two markets considering the rate per square foot of property in a prime location of Mumbai is much higher than the market price for such a property in Delhi.
It is noteworthy that low rise development offers residents far more privacy than those available in high-rises. Usually the best way to design private residences in an apartment structure is by offering one or two apartment per floor. However, there are very few ongoing projects which offer such a configuration. Moreover, another advantage to live in a villa at Sobha International City is that you can cultivate your own private garden in the front or back lawn here. In a condominium, usually, you will have an option to share the space with the rest of your neighbours. Remember, this particular project which is being discussed is one of the few ongoing projects where low-rise development is being offered with the best of amenities and specifications. The keywords to remember are ‘Sobha International City Gurgaon.’ While currently Phases I and II are being offered in Sector 109, Phase III will be launched in Sector 106 of Gurgaon. It remains to be seen whether in Phase III, the developer ‘sticks’ to the plan of promoting low-rise development or not.
Contact realty experts at Favisa Real Estate for booking details.
For Booking and More Information:
Favista Real Estate
India: 09999536147
Mail ID- [email protected]
Web Site- http://www.favista.com