If you are looking to invest in a plotted development in the National Capital Region (NCR), we have an option for you. In an exclusive webinar with Housing.com, the Godrej Group unveiled their new launch, which is a resort-style plotted development in Faridabad Sector-83 by the name Godrej Retreat. Senior leaders representing Godrej – Ashwini Kalapala (north head, sales and marketing), Neeraj Sharma (direct head, sales and marketing) and Vikas Mendiratta (head, upcountry and international sales and marketing) – took the opportunity to address some of the pertinent queries that high-intent buyers put forth.
Details of Godrej Retreat
|RERA ID||HRERA-PKL-FDB-213-2020, HRERA-PKL-FDB-214-2020, HRERA-PKL-FDB-215-2020|
|Total land area||44 acres|
|Total number of plots||750|
|Amenities||Clubhouse, 2.5-km-jogging and cycling track, Bali resort-style façade, unique palm tree entrance, resort style pools, 8 outdoor sports, 7 indoor sports, 6 acres of forest experience|
Watch the webinar for attractive festive offers on Godrej Retreat.
Addressing one such query, Mendiratta focussed on the location potential of Faridabad. The locality is the focal point of the NCR, almost equidistant from Delhi, Noida and Gurugram. There is an added advantage of capital investment in infrastructure by the government, which indicates where the next push for development would be. Moreover, the Smart City initiative, the Faridabad-Noida-Ghaziabad Expressway (FNG Expressway) and the Faridabad-Gurugram Metro line, point towards Faridabad being the destination of choice for investment. Additionally, the cost of living is lesser for the same standard of living, as compared to the other parts of the NCR.
Enquiring about the construction and its cost, Ravi Jaiswal, an attendee asked, “How much construction can be done in total on 110 sq yards of plot? What would be the cost of construction?” Answering the query, Mendiratta said that if one is looking to construct without buying additional Floor Area Ratio (FAR), they can construct approximately 3,500 sq ft (including balconies, stilt and basement). With additional FAR, 4,500 sq ft (including balconies, stilt and basement) can be constructed. Also, the cost of construction depends upon one’s choice of materials and it typically ranges between Rs 1,100 per sq ft to Rs 2,500 per sq ft.
NRIs and those who cannot visit the site immediately, can opt for a drone which would give you an aerial view of the site, its approach and surroundings. The Godrej Properties team is also present on the site on all seven days of the week and those close to the place should visit the site. You can also ask for a virtual tour through a video call.