Godrej Aria, Gurgaon- A Lucrative Investment Opportunity?
Godrej Group, a premier real estate developer in India has launched their new residential project- Godrej Aria, in Sector 79, Gurgaon. This project attempts to usher in a new age of luxury apartments in Gurgaon.
Product Quality and Affordability
Product: Godrej Aria
Spread over 7 acres of land, Godrej Aria offers 395 units across 6 stunning towers. There are 221 units of 2BHK and 174 units of 3BHK residences. The super built-up area (SBUA) of 2BHK ranges from 1,351 to1,503 sq.ft. and the SBUA of 3BHK ranges from 1,983 to 2,289 sq.ft. The USP of this project is the 80% of total area reserved for open green spaces.
It is useful to compare the density of Godrej Aria with Mapsko Mount Ville and Supertech Araville, two other prominent projects located in the neighbourhood. Godrej Aria offers 395 units over 7 acres, which brings the apartment density to 56 flats per acre. On the other hand, Mapsko Mount Ville offers 750 units in 16.5 acres bringing the apartment density to 45 flats per acre and Supertech Araville offers 516 units in 10 acres bringing the apartment density to 51 flats per acre. Overall, Godrej Aria has a higher density of flats as compared to the other two projects.
Needless to say, the project comes equipped with all sorts of comforts and luxuries. Some exclusive amenities provided in this project are:
The Builder: Godrej Group
Established in 1990, the Godrej Group is the first ISO certified real estate developer in India. The construction portfolio of the company includes the development of residential and commercial projects. Known for developing premium landmark structures, the group has a strong presence in 12 cities across India, spanning over 74 million sq.ft. of space.
Directions to Reach
The project occupies the prime location of Sector 79, Gurgaon, which falls within the peripheral micro-markets of NH 8 and can be accessed via the same. Further access to this sector is via the 60 meter wide road. Sector 79 enjoys close proximity to IMT Manesar, which is the hub of commercial, industrial and institutional establishments in Gurgaon. Some of the leading companies already present in the area are Honda, Toyota, Suzuki and Maruti.
Sector 79 is well-connected to other parts of the city through an extensive network of roads. (Photo Credit: PropTiger)
The Locality
Infrastructure and Future Prospects
With a highly developed infrastructure, good connectivity and proximity to commercial and industrial areas, Sector 79, Gurgaon has become a preferred destination for those who wish to own an address in Gurgaon. Plenty of developmental initiatives has been progressing along NH8 and many luxurious residential ventures are about to be completed shortly.
Some of the proposed schools in the area are Modern School in Sector 91, DPS in Sector 81 and Matrikiran in Sector 82.
Price Comparison
The average property price in Sector 79, Gurgaon is 6,608 per sq.ft. and Godrej Aria has launched its units at 7,250 per s.ft., which is higher when compared to the average price. But Godrej Aria offers an extremely lucrative inaugural discount of 401 per sq.ft., available only for the first 30 units of 3BHK apartments in Towers A and B. The effective Basic Sale Price after discount is 6,849 per sq.ft. One can easily book this by paying only 20% of Basic Sale Price and make no further payment until possession.
Other similar projects are available at a price range of 6,714 per sq.ft. for Mapsko Mount Ville and 6,301 per sq.ft. for Supertech Araville.
PropTiger's overall rating of Godrej Aria
| Parameters | Ratings |
| Builder | Good |
| Price | Average-Good |
| Project | Good |
| Location | Good |
Overall Review
Godrej Aria, Gurgaon seems to be a good investment option as the area is expected to grow in the next 3 to 4 years on account of its connectivity to the NCR through NH 8.
If you have any reviews about this project, please share them with us.