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Parnami Homes

Sushant Lok Phase 1, Gurugram

+7 Top Facilities

Construction Status

Under construction

Price on request

Project Details

Towers: 1
Total units: 15
Floors: 4
Open area: 35%
Property type: Shop/Commercial
Possession: Completion in Mar, 2024

About Parnami Homes

Check out Parnami Homes in Sushant Lok Phase 1, one of the upcoming under-construction housing societies in Gurgaon. This society will have all basic facilities and amenities to suit homebuyer’s needs and requirements. Brought to you by Parnami Associates, Parnami Homes is scheduled for possession in Mar, 2024. This housing society has multiple property options to offer, in varied price range, making it one of the most suitable address to own, that too in your budget. Parnami Associates is one of the known real estate brands in Gurgaon.The builder has…More ↓

Written by PropertyBaazi from our own research into this project.

PropertyBaazi research view

Strengths

Location in Sushant Lok Phase 1, an established residential pocket in Gurugram with proximity to MG Road, IFFCO Chowk, and metro connectivity.

Risks

Critical information scarcity: no RERA registration number found, no official project website, and minimal documentation in the public domain.
Possession risk: A a listing portal listing cites March 2024 as the scheduled possession date, yet the project currently shows no confirmed possession status, suggesting potential delays or stalled construction.
Developer opacity: Parnami Associates has negligible digital footprint, no visible delivered project track record, and no buyer community discourse online.
No price transparency ('Price on Request') makes benchmarking impossible and raises the risk of arbitrary or inflated pricing.
No verified construction progress updates, occupancy certificates, or government approvals found online.

Our read

Location:: Sushant Lok Phase 1 is a mature, centrally located Gurugram sector with reasonable social infrastructure. However, it suffers from aging roads, parking constraints, and traffic congestion common to older planned sectors. The location is decent for end-user convenience but not premium.
Price:: Cannot assess. 'Price on Request' combined with zero comparable transaction data prevents any valuation. Given the opacity, the risk of overpricing relative to deliverables is high.
Buyer fit:: Only suitable for highly risk-tolerant buyers with deep local networks who can conduct exhaustive physical due diligence. Not appropriate for end-users needing possession certainty or investors seeking liquidity and transparency.

Market read

Price trend:: Information scarce; no verified transaction data, price history, or per-sq-ft rates found for this specific project in public sources.
Rental yield:: Data unavailable; no rental listings or yield estimates specifically for Parnami Homes found.
Demand:: Unverified. Sushant Lok Phase 1 as a locality sees steady end-user demand, but project-specific demand is undocumented.
Resale:: No active resale listings or transaction volume data found for this project.

Our verdict: AVOID. The project is burdened by an almost total absence of verifiable information, no visible RERA compliance, an unproven developer with no discernible track record, and a possession timeline that appears to have passed without completion confirmation. The combination of opacity, likely delays, and lack of pricing transparency creates unacceptable risk. Buyers should opt for RERA-registered, established-developer projects in the same micromarket.

This is PropertyBaazi’s own research opinion, compiled from 99acres.com. It is not investment advice — verify independently before you transact.

Top Facilities

7 facilities recorded for this project

Children's Play Area
24/7 Power Backup
Lift(s)
Car Parking
Gated Community
Fire Fighting Systems
Landscape Garden

Location Advantages

Key destinations around Parnami Homes

Sushant Lok Road

Connectivity · 17 Meter

Shalom Hills International School

School · 800 Meter

Paras Hospitals, Gurgaon

Hospital · 900 Meter

Sector 42-43 Metro Station

Metro Station · 1.3 KM

Ardee Mall

Shopping Center/ Market/ Mall · 1.5 KM

Gurugram University

University · 5.7 KM

Explore the locality →

Price Comparison

Current asking rates for this project, its locality and Gurugram.

Stamp duty calculator

Today’s asking rates

Project, locality and city benchmarks

Sushant Lok Phase 1 locality median · 6 projects₹13,117/sqft

Gurugram city median · 775 projects₹13,928/sqft

Configuration rates in Sushant Lok Phase 11 configuration

4 BHK: ₹14,444/sqft · 5 samples

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 Sushant Lok Phase 1

Computed from 19 Sushant Lok Phase 1 projects in our catalogue (6 with a per-sqft price).

19 projects here, by price band

Affordable

Premium

Luxury

Society Reviews

Reviews by residents

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Locality overview

Explore life around Parnami Homes

Understand daily conveniences and connectivity around the project before planning a visit.

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Projects listed

3, 4 BHK

Popular configurations

Ready to move

Most common status

Based on 15 projects listed in Sushant Lok Phase 1 on PropertyBaazi — our catalog, not a market index.

Distances as recorded by the builder; others measured aerially on the map — straight lines, not routes. Map data © OpenStreetMap contributors.

View on map

Distances and travel times are approximate. Confirm routes and access conditions before making a purchase decision.

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