First RERA Approved SCO Plots Market Launched by Raheja Developers in Dwarka Expressway Gurgaon
Raheja Developers, leading real estate developers in India, are developing RERA approved Shop Cum Offices (SCO) Plots market in Sector 83 and 84 in Gurugram. This is a unique development as it is the first such project in Gurugram being handled by a private developer. With this step, Raheja Developers are set to launch many such SCO markets in Gurugram in the coming few months.
As per Haryana Government’s New Commercial Plotted Colony Policy for SCOs, Raheja Developers have become one of the 1st private developers to launch SCO in Gurugram. This project is like others seen at South Extension, Greater Kailash and Khan Market in Delhi. Sector 29 Gurugram, has a similar SCO market (developed by Haryana Government) which has proved profitable for investors within a short span of time.
The project which is spread over 2.81 acres of area has commercial plots of 50 sq. m., 75 sq. m. and 115 sq. m. State-of-the-art infrastructure and facilities are already provided here. Lucrative payment plans which can be changed as per customer’s First RERA Approved SCO Plots Market Launched by Raheja Developers in Dwarka Expressway Gurgaon
requirement is another attractive feature of the project. Customers have the freedom to build and furnish the space within the stipulated timeframe and establish their business or rent out the space. Roads and other infrastructure in the sector are already complete.
One of the key highlights of the project is its prime location. The project is strategically located close to Dwarka Expressway and NH8. It is expected to cater to the shopping and office space requirements of nearly 1 lakh residents of the nearby sectors. People who purchase plots here can develop SCOs in a Basement + Ground + 4 as per builder’s convenience and Government approved designs. With this design, the total built area increases by 6 or 7 times of plot area, thereby proving it a very practical and attractive scheme.
On the launch of SCO plots, Mr. Navin M. Raheja, Chairman and the MD, Raheja Developers Limited said that this offering is going to expand their development portfolio. The destination is ideal for opening banks, restaurants, retail business, office, storage, backend kitchen etc. What’s amazing about these plots is that the customer ends up paying as low as INR 4,500 per sq. ft. for commercial projects on dwarka expressway. The expected rent here is better than a serviced apartment or office properties, thereby becoming a goldmine for entrepreneurs.
