1 RK Studio Apartment
1026 sq.ft.
Outdoors
Artistic Elevation Image
01/03
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Ascott Ireo City
Sector 59, Gurugram
Floor Plans Available+22 Top Facilities
Construction Status
Ready to move
Completed in Oct, 2018
₹60 Cr
Price range· ₹66,666/sqft
Plot/Land
Plot Area
9000 sqft
₹60 Cr
Project Details
- Towers
- 1
- Floors
- 24
- Unit sizes
- 9,000 sqft · Plot Area
- Price per sqft
- ₹66,666
- Property type
- Service Apartment
- Possession
- Since Oct, 2018
Specifications
SLEEPING AREA WITHIN HALL
- Bed with mattress and linen, side tab les, telephone, alarm clock, working desk with chair, curtains and other furnishings
LIVING AREA WITHIN HALL
- Sofa Set with Coffee Table, Dining Table with Chairs, TV (46 Inches) DVD Player, IPod Docking Station
KITCHENETTE
- Washing Machine, Dryer unit, Dishwasher, Refrigerator, hob, chimney, microwave, utensils, cutlery 4
FIXTURE BATHROOM
- Shower, Bathtub, Vanity and
WC LARGE CLOSET
- Safe Box, Iron and Iron Board
BED ROOM
- Bed with mattress and linen, side tables, telephone, TV (46 Inches), alarm clock, working desk with chair, curtains and other furnishings
SEPARATE LIVING ROOM
- Sofa Set with Coffee Table, Dining Table with Chairs, TV (46 Inches) , DVD Player, IPod Docking Station
POWDER ROOM
- Includes WC and Vanity
As stated by the builder; shown as filed.
Project record
Information available on record
A concise view of the details present in the records and published project material available to PropertyBaazi.
Available in the project record
On recordOnly items present in the available record or published project material are shown.
Floor plans with measured dimensions
Published floor plans include room-level dimensions.
Last checked 18 July 2026. These checks reflect the records available to PropertyBaazi. Confirm current details with the relevant authority or developer before booking.
Floor Plans & Pricing
3 unique plan layouts on record: 1 RK Studio Apartment, 1 BHK Service Apartment, 2 BHK Service Apartment. Room-by-room dimensions available for 3 of the 3 plans shown.
Studio
1 layout1 BHK
1 layout1 BHK Service Apartment
1342 sq.ft.
2 BHK
1 layout2 BHK Service Apartment
1595 sq.ft.
Room dimensions
Room-by-room dimensions from each plan’s published schedule — shown exactly as filed, never estimated.
1 RK Studio Apartment · 1026 sq.ft.3 rooms
| Room | Dimensions (as printed) | Area |
|---|---|---|
| Bedroom | 4.88 m × 5.18 m | 272 sqft |
| Toilet | 3.66 m × 2.97 m | 117 sqft |
| Entrance Lobby | 4.17 m × 2.71 m | 122 sqft |
Itemized rooms add up to 511 sqft · super area 1,026 sqft (walls, circulation and balconies are not itemized)
1 BHK Service Apartment · 1342 sq.ft.5 rooms
| Room | Dimensions (as printed) | Area |
|---|---|---|
| Living And Dining | 5.92 m × 3.05 m | 194 sqft |
| Bedroom | 5.97 m × 3.25 m | 209 sqft |
| Toilet | 2.82 m × 2.74 m | 83 sqft |
| Toilet | 2.67 m × 1.25 m | 36 sqft |
| Entrance Lobby | 3.35 m × 2.69 m | 97 sqft |
Itemized rooms add up to 619 sqft · super area 1,342 sqft (walls, circulation and balconies are not itemized)
2 BHK Service Apartment · 1595 sq.ft.6 rooms
| Room | Dimensions (as printed) | Area |
|---|---|---|
| Living And Dining | 3.05 m × 5.92 m | 194 sqft |
| Bedroom | 2.82 m × 4.75 m | 144 sqft |
| Master Bedroom | 3.05 m × 5.92 m | 194 sqft |
| Toilet | 2.18 m × 3.20 m | 75 sqft |
| Toilet | 3.12 m × 3.20 m | 108 sqft |
| Entrance Lobby | 3.53 m × 3.12 m | 119 sqft |
Itemized rooms add up to 834 sqft · super area 1,595 sqft (walls, circulation and balconies are not itemized)
About Ascott Ireo City
Ascott Ireo City in Sector 59 Gurgaon is a ready-to-move housing society. It offers service apartments in varied budget range. These units are a perfect combination of comfort and style, specifically designed to suit your requirements and conveniences. This housing society is now ready to be called home as families have started moving in. Check out some of the features of Ascott Ireo City housing society: *Ascott Ireo City Sector 59 has single tower,
Written by PropertyBaazi from our own research into this project.
PropertyBaazi research view
Strengths
- Ready-to-move status eliminates construction risk
- Managed by The Ascott Limited, a global serviced residence operator, offering professional rental management and hospitality standards
- Prime location on Golf Course Extension Road within 700-acre IREO City master plan
- Grade-A infrastructure with 4-level basement parking (~700 cars), 24/7 security, and premium finishes
- Strong connectivity to IGI Airport, Cyber City, Udyog Vihar, and South Delhi
- RERA registered (102 of 2017 dated March 2013)
Risks
- Massive price discrepancy: user cites ₹60 Cr while market listings show ₹1.65–2.76 Cr for standard units. If ₹60 Cr is accurate for a specific unit, it represents an extreme premium demanding rigorous verification.
- Serviced apartments typically command lower capital appreciation than pure residential due to commercial usage, higher maintenance charges, and limited end-user demand
- Oversupply of luxury and serviced inventory in Gurugram may compress rental yields and resale liquidity
- Ireo Group has faced corporate governance concerns and debt restructuring in past years; while projects were delivered, the brand has experienced reputational volatility
- Niche asset class: resale buyer pool is limited to investors rather than end-user families
- Maintenance charges and management fees for Ascott-branded services can be substantially higher than conventional apartments, eroding net returns
- Some third-party listings still show 'RERA Applied' or conflicting RERA numbers (HRERA 660/2017/307 vs 102 of 2017), suggesting data transparency issues
Our read
- Location:
- Sector 59 on Golf Course Extension Road is a well-established Gurugram micro-market with proximity to commercial hubs, hospitals (Medanta, Artemis, Fortis), schools (Heritage, GD Goenka, Amity), and retail. Ongoing infrastructure includes the planned metro expansion and road widening. However, traffic congestion on Golf Course Extension Road during peak hours remains a practical concern.
- Price:
- Based on available listings, standard units trade at ₹13,800-17,300/sq.ft, below the sector average of ~₹23,800/sq.ft. The ₹60 Cr price point quoted by the user is an outlier by an order of magnitude and requires direct verification with the seller. If genuine, it would imply ~₹37,600/sq.ft+ for a 1,595 sq.ft unit — a steep premium unsupported by public market data.
- Buyer fit:
- Suitable for high-net-worth investors seeking hassle-free, managed rental income from corporate tenants and exposure to Gurugram's hospitality sector. Less suitable for end-user families seeking conventional residential appreciation or primary residence.
Market read
- Price trend:
- Sector 59 Gurugram average price is approximately ₹23,800/sq.ft (per listing-portal data). Ascott Ireo City listings show prices ranging from ₹1.65 Cr to ₹2.76 Cr for 1-2 BHK units (917-1595 sq.ft), translating to roughly ₹13,800-17,300/sq.ft — below the broader sector average, likely due to the serviced apartment/studio format. The listed price of ₹60 Cr is significantly higher than any publicly listed configuration and appears inconsistent with available market data for standard units; it may refer to an entire floor, bulk units, or contain an error.
- Rental yield:
- Serviced apartment model offers managed rental pool through The Ascott Limited. Estimated gross rental yield for comparable serviced apartments in Golf Course Extension area is 5-7% depending on occupancy and unit size, though actual yields are not publicly disclosed. Demand drivers include corporate travelers, expats, and MNC employees.
- Demand:
- Steady demand from corporate/leisure travelers for managed residences. The 'home & hotel' dual-purpose concept targets business travelers on extended stays. However, supply of luxury serviced apartments has increased in Gurugram, potentially pressuring occupancy.
- Resale:
- Resale liquidity appears limited. Some aggregator sites (e.g., Royal Residencies) mark status as 'Sale Closed.' Resale inventory is sparse compared to conventional residential projects, reflecting the niche serviced-apartment nature.
In the news
Ascott Ireo City possession completed Q4 2019; ready-to-move serviced apartments now available
IREO Ascott in IREO City Sector 59 received possession in Q4 2019. The project features 330 premium serviced units managed by The Ascott Limited across G+24 floors on ~5 acres. — Best Luxury Residences, 2019
Ireo Ascott construction completed with RERA registration 102 of 2017
Project registered under HRERA with number 102 of 2017 dated March 2013. Construction is complete and the project is ready for possession. — Luxury Residences, 2023
Our verdict: Cautious Proceed — but only after verifying the ₹60 Cr price. Ascott Ireo City is a completed, RERA-registered, Grade-A serviced residence with credible operator management (Ascott). For investors targeting rental yield over capital appreciation, it offers a defensible value proposition. However, the quoted ₹60 Cr price is wildly inconsistent with published market rates (₹1.65–2.76 Cr). If the price is accurate for a specific configuration, it is severely overpriced. If the price is an error, standard units appear fairly valued to slightly expensive given the serviced-apartment discount to pure residential. Conduct independent valuation, verify exact unit details, review the management agreement terms with Ascott, and confirm maintenance outgoings before proceeding. The developer has delivered the project but has faced broader corporate stress in other verticals.
This is PropertyBaazi’s own research opinion, compiled from bestluxuryresidences.in, squareyards.com, magicbricks.com, luxuryresidences.in, royalresidencies.com and ireoprojects.co.in. It is not investment advice — verify independently before you transact.
Top Facilities
22 facilities recorded for this project
- Swimming Pool
- Steam Room
- Gymnasium
- Sauna
- Children's Play Area
- Changing Area
- Waiting Lounge
- Water Softener Plant
- Entrance Lobby
Location Advantages
Key destinations around Ascott Ireo City
pracksht hospital
Hospital · 1.3 km
Flower Park
Park · 1.3 km
Gaushala - PedalYatri
Park · 1.3 km
Rose Garden
Park · 1.3 km
Shalom Presidency School
School · 1.3 km
Heritage Xperiential Learning School
School · 1.6 km
View Official Brochure
Official brochure
Ascott Ireo City
16 pages · 6.6 MB · PDF
Published by the builder; shown as filed.
Reading here is free. Downloading sends your enquiry to the seller so they can follow up.
Price Comparison
Current asking rates for this project, its locality and Gurugram.
Today’s asking rates
Project, locality and city benchmarks
Ascott Ireo City this project₹66,666/sqft
Sector 59 locality median · 5 projects₹43,912/sqft
Gurugram city median · 775 projects₹13,928/sqft
Stamp duty and registration · Haryana
- Stamp duty — Male Ownership
- 7%
- Stamp duty — Female Ownership
- 5%
- Stamp duty — Joint Ownership
- 6%
- Registration
- ₹50,000
Recorded state rates for reference. Confirm the applicable amount at registration.
Project and locality asking-rate medians come from the PropertyBaazi project records in the sample shown. Registered rates come from government transaction records. Neither is a valuation, index or forecast.
Market Snapshot for Sector 59
Computed from 7 Sector 59 projects in our catalogue (5 with a per-sqft price).
7 projects here, by price band
Affordable
1
Luxury
4
Society Reviews
Reviews by residents
No written reviews yet
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Locality overview
View full locality insightsExplore life around Ascott Ireo City
Understand daily conveniences and connectivity around the project before planning a visit.
6
Projects listed
3, 4 BHK
Popular configurations
Ready to move
Most common status
Based on 6 projects listed in Sector 59 on PropertyBaazi — our catalog, not a market index.
Aerial distances measured on the map from the project’s recorded location — straight lines, not routes. Map data © OpenStreetMap contributors.
View on mapMetro & Rail 2
- Sector 55–561.6 km
- Sector 54 Chowk2.7 km
Schools 4
- Shalom Presidency School1.3 km
- Heritage Xperiential Learning School1.6 km
- Suraj School1.7 km
- Pathways2.3 km
Colleges 3
- Sushant University2.5 km
- IILM2.8 km
- IILM University2.8 km
Hospitals 4
- pracksht hospital1.3 km
- Kriti Hospital2.1 km
- Arunodaya Deseret Eye Hospital2.2 km
- Anand Hospital, Gurgaon2.2 km
Shopping & Markets 2
- Hong Kong Bazaar Mall1.9 km
- Bella Vita Organic2.9 km
Parks 3
- Flower Park1.3 km
- Gaushala - PedalYatri1.3 km
- Rose Garden1.3 km
Banks 2
- HDFC Bank1.9 km
- State Bank of India2.8 km
Straight-line distances, approximate, measured from the project’s recorded location. Data © OpenStreetMap contributors.
Distances and travel times are approximate. Confirm routes and access conditions before making a purchase decision.
Similar Projects
Comparable projects around Sector 59
Builder
View builder profileAbout Ireo Developers
Ireo Developers
11 projects on PropertyBaazi
IREO is a leading property developer in India with over 1.5 Billion Dollars invested in premium projects. They aim to provide high-quality luxurious residencies and have successfully launched projects across various states in India. The company is known for its commitment to quality, timely delivery, and customer support. Their residences are designed by industry experts, equipped with state-of-the-art technology, and come with world-class amenities. Some successful projects include IREO City, Ireo Gurgaon Hills, and IREO The Corridors.
Projects by Ireo Developers
FAQs
Frequently Asked Questions
Is Ascott Ireo City ready to move in?
Ascott Ireo City is ready to move in, so you can take possession as soon as the paperwork is done.
Is Ascott Ireo City a RERA-registered project?
We don't have a RERA registration on record for Ascott Ireo City yet, so it's worth confirming this with the developer before you commit.
How much should I budget for Ascott Ireo City?
Homes at Ascott Ireo City are priced ₹60 Cr (about ₹66,666/sq.ft) for Land, sized 9,000 sq.ft plot area.
Where is Ascott Ireo City and how well-connected is it?
Ascott Ireo City is located in Sector 59, Gurugram. The nearest metro (Sector metro station) is about 1.64 km away.
How big is the Ascott Ireo City project?
Ascott Ireo City is 1 tower and up to 24 floors.
What can residents enjoy at Ascott Ireo City?
Ascott Ireo City comes with 22 amenities, including Concierge Service, Swimming Pool, Laundry, Changing Area, Restaurant and Waiting Lounge.
What's around Ascott Ireo City for daily needs?
Close to Ascott Ireo City you'll find hospitals such as Kriti Hospital and Arunodaya Deseret Eye Hospital, schools like Pathways.
Who is developing Ascott Ireo City?
Ascott Ireo City is being developed by Ireo Developers.
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Disclaimer: The material and information contained on this page is provided for general information purposes only and does not constitute an endorsement, warranty, or representation by PropertyBaazi. PropertyBaazi is an information platform and is not a party to any transaction between users. Project details, prices, availability, RERA status and other information are compiled from public records and third-party sources, may change without notice, and should be independently verified with the developer, the relevant RERA authority and your own legal/financial advisors before you rely on them or make any decision.