Vatika Lifestyle Homes - Vatika Group

Address: Sector-83, Dwarka Expressway 
Sizes: 1050 sq ft - 1714 sq ft

Type: 2BHK,3BHK  
Expected Possession By: 2014

About  Vatika Lifestyle Homes

The Talking Brick went to the actual Vatika Lifestyle Homes project site on 12th September 2012, to enquire and collect information about the project that is precisely listed below:

he project of Vatika Group

Size: 1050sq ft-1714sq ft

Unit Type: 2BHK and 3BHK

Basic Sale Price: Rs.7000/sq ft

Expected Possession: 2014

·         Possession date on official website: 2014

·         Possession date on other real estate websites: 2014

·         Possession date as per people working on the actual project site: 2015

·         Possession date as per real estate brokers: 2014

The Talking Brick went to the actual project site on the 12th of September to enquire and collect information about the Vatika Lifestyle Homes. The information collected by us is listed below:

1. The public transportation system is highly disappointing after the toll plaza from where the site is 1km away. Due to this, the travelers just cannot depend on the public transportation services here.

2. The 24 meter road from NH-8 coming into the Vatika Township is only available till ½ km due to the fact that a certain portion of it comprises of the agricultural land and homes of villagers who does not want to sell their land. According to the broker, this particular land-piece is on stay as the case between farmers and developer is still in the Court.

3. The construction work at the site has been put on a full stop due to the ban of court on the use of groundwater from bore well. This is likely to delay the date of possession that is also not featured on the official project website. However, the project will take nearly 2years for completion as per the brokers who were present at the construction site.

4. According to the broker Deepak, every single project that is coming up here will get appreciation from nearly Rs.400/- to Rs.500/- with the arrival of the festivities especially Diwali.

Connectivity

The nearby services aren’t close by!

To reach Vatika project sites in sector-82, 83, 84 and 85, there is an 24 meter road that is 1km away from the NH-8. The transportation services are lacking here and one has to either come on own vehicle or by hiring a private one.

Rajeev Chowk Gurgaon (6km) IGI Airport (24km) Iffco Chowk (12km) Local market (4km) Gurgaon railway station from NH-8 (12-13km) internally (16km)

On-site view

Work to be resumed!

No construction work is going on the project site due to scarcity of water. It is in the wake of the fateful incident wherein a girl child lost her life by falling into the uncovered bore well few months back that the Court issued a ban on using groundwater from bore well as per the broker.

As per the one of the villagers, the Court has banned the use of groundwater for construction purposes from illegal bore well. As per him, it may take 5-6months before the work resumes at the project sites.

Appreciation

Rise in price is a never-ending phenomenon!

According to the broker Deepak, every single project that is coming up here will get appreciation from nearly Rs.400/- to Rs.500/- with the arrival of the festival of Diwali. The current BSP is as follows:

·         1050sq ft - Rs.4300/sq ft (reselling price), Rs. 2500/sq ft (launch price)

·         1300sq ft- Rs.4300/sq ft (reselling price), Rs. 2500/sq ft (launch price)

·         1714sq ft- Rs. 4200/sq ft (reselling price), Rs.2500/sq ft (launch price)

Expected Possession

2-3years still to go till your dream house becomes reality!

According to the brokers who were present at the project site, the apartments will be ready for possession after about the span of 2-3 years.

Apartment Size

Take your pick smartly while keeping mind your family size!

The apartments are available in the sizes mentioned below:

·         2BHK-(1050sq ft)

·         3BHK- (1300sq ft)

·         3BHK- (1714sq ft)

The project is the part of the Vatika India Next Township and will include high-rise as well as mid-rise apartments including G+15 and G+7 floors.

With regards to the amenities like schools, hospitals, shopping malls, taxi stand, commercial space etc, according to the broker, the developer has left the land space to build these amenities in the near future. It will be constructed once people will start living here according to the broker.

Point of view of the broker

Note what he says!

According to the broker, at present the construction work is not going on due to the water supply issue however, as per him, every tower that is coming up here in the vicinity will be completed in the span of 1-3 years. The project is a favorable investment as the area in vicinity will be highly developed in the next few years according to him.

Commercial centers are also coming up in sector-83 as well as in the 200meter belt that is moving alongside NH-8 on Dwarka Expressway that is yet to be constructed as per the broker. Also the 82meter road from NH-8 that is coming into the Vatika Township is only available till ½ km due to the fact that a certain portion of it comprises of the agricultural land and homes of villagers who aren’t willing to sell their piece of land. This particular land-piece is on stay as the case between farmers and developer is in Court according to the broker.

Amenities

Let the fuel tank car overflow, the amenities are far!

The major amenities surrounding this project site are located on Gurgaon-Sohna Road.

SCHOOLS	HOSPITALS	SHOPPING MALLS
Delhi Public School, (8km)	Medanta Medicity, sector-38 (10km)	Raheja mall (8-9km)
IMT Manesar from kherki Daulha toll plaza (11km)	Park Hospital, sector-49 (11km)	OMAXE celebration hall (8-9km)
Roseland Public School (3km)		McDonalds (8-9km)
		Ninex city center
		Orchid Business Park (8km)
		Vatika Business Park (8km)

·         Hyyat Regency Hotel (3km)

·         Haldiram (4km)

·         Petrol pump (3-4km)

·         Police Station- (4km)

·         Kherki Daulha village (4km)

·         Rampur Village

·         Nawada Village

·         Hero Honda Chowk (4-5km)

·         HUDA Community Center (10km)

·         Ambience Mall on NH-8 (15km)

·         Hotel Leela Kempeski (15km)