Supertech to launch its first residential project in Gurgaon
Gurgaon- Supertech is all set to launch its first residential project in Gurgaon named Araville in Sector 79. Araville, a 10 acre residential development nestled at the foothills of the Aravallis.
The project is expected to cater both nature and urban oriented living. It is situated in a serene place and offers 2/3/4 BHK luxury apartments. The amenities offered are – club house, internet connectivity, rainwater harvesting, water softener plant, security, play area, jogging tracks,underground car parking with lift facility, servant quarters and much more.
All the units of this project are residential and are sized from 1295 sq ft to 3620 sq ft priced at Rs. 60,86,500 (4700/sq ft) to Rs. 1,62,90,000 (4500/sq ft). A sum of about Rs. 400 crore will be invested by the firm and it is expected to be completed in the coming three years. The land owners will be liable to 35 percent of the revenue shares.
Araville has automated smart homes with high ceilings and it is strategically located in Sector 79, Gurgaon, which is just off NH-8 and near the intersection of Northern Periphery Road and Southern Periphery Road. It is also in close vicinity of the proposed metro line. The project is also closer to 5 star hotels, golf courses, shopping malls, offices, schools, hospitals and modern amenities.
The units in Araville are available from Rs. 77.7 lakh to 2.1 crore. However, the possession date of the project has not been declared. There are about 610 apartments in this project with a complete saleable area of about 1 million sq ft. However, there will be an inclusion of EWS flats which are compulsory for a group housing project.
The Noida-based developer, Supertech, a real estate giant, is popular for its architectural excellence. With the launch of its first residential apartment, Supertech is expecting to cater units with ultra modern infrastructure for its buyers. The developer offers units with features like high-tech security, modular kitchen with piped gas supply, wooden flooring and dedicated parking. Most of their apartments are three sides open followed by air conditioned and non-air-conditioned options.
Supertech has initiated this project in a joint development agreement with land aggregation company GTL for 11 acres of land in Gurgaon’s sector 79. The project land has all the permissions required to build a residential group housing project.
It seems to be one of the best investment options as it is situated midst varied species of flora and fauna along with waterfalls and further makes Gurgaon a hot spot for property deals.
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