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Smartworld Developers Plans a Rs 3000 Crore Investment in a High-End Residential Complex in Gurugram.

Priya Singh | 2024-02-23

The desire for luxury real estate is rising, and developments that combine opulent living with first-rate facilities are driving this trend.
Over the last several years, the Golf Course Road Extension (GCER) has become a posh destination. In Gurgaon, GCRE is the most sought-after neighborhood for residential properties. The significant price increase over the last year is indicative of this.
The typical price range for GCRE has increased from Rs 13,000 to Rs 15,000 psf in 2022, and it is presently between Rs 18000-20,000 psf. In the next two years, this is anticipated to rise even higher to between Rs 25,000 and Rs 30,000 per square foot, according to Vivek Singhal, CEO of Smartworld Developers.

“The growth in commercial activity fueled by a thriving economy and the establishment of well-paying employment in Gurgaon have been the main drivers of this surge. The Edition by Smartworld, a brand driven by customer centricity, is an ideal luxury development for investors and homebuyers alike.” He said, “The layout, functionality, and facilities are really unique
One lakh square feet of opulent facilities will be available at “Smartworld The Edition,” with a rooftop infinity pool and a private, seven-star highlife club.

It should be mentioned that Smartworld Developers’ low-rise independent floors at Gurugram’s Smartworld Orchard and Smartworld Gems greatly influenced the Delhi NCR real estate market in 2021. These projects are now in the advanced phases of development, and the business plans to deliver about 5 million square feet in possession well ahead of schedule over the next 6 to 12 months.
In Sector 66 of the Golf Course Extension Road, Gurugram, Smartworld Developers has announced the opening of “Smartworld The Edition,” a high-end residential project. The project is expected to need an investment of Rs 3000 crore. They are now officially part of the elite luxury real estate market.

With a saleable area of 3 million square feet and a footprint of more than 10 acres, the project is projected to bring in Rs 6000 crore in income.

The project, a G+42 story sky roar structure, is situated close to notable residential projects such as golf-themed living, branded residences, and villa developments. The business claims this makes it an iconic landmark to the Gurgaon skyline.
The development has three eye-catching twin towers with 900+ units altogether, including large 3.5 BHK and 4.5 BHK homes with two master bedroom suites in each unit. This sets the offering apart. A private jacuzzi on each apartment balcony is one of the distinctive features of luxurious living. There are no units on the bottom level.
Residents utilize the room for meetings, breakout sessions, meditation places, facilities for young children, and other purposes. Renowned global consulting partners including Studio Symbiosis, Red Landscape, Greymatters, and ITH have created the project.