Rajvik Greens

Strengths

• RERA-registered project (HRERA No. 11 of 2023 / GGM/667/399/2023/11), providing a statutory grievance framework.
• Located in Sector 79/79B, New Gurgaon, with road connectivity via Southern Peripheral Road and NH-8.
• Proximity to Aravalli hills offers a relatively greener environment versus dense urban sectors.
• Eligible for government-subsidized pricing under Haryana Affordable Housing Policy (if purchased at policy rates) and potentially PMAY interest subsidy.
• Low entry barrier if bought at the policy-fixed rate of ₹4,200/sq ft carpet.

Risks

• Critical pricing opacity: the quoted ₹79 L is roughly 2.5–3× the implied affordable-housing cost for a 640 sq ft unit. Buyers must verify whether this is genuine all-in pricing, resale premium, or a different product; if ₹79 L is the actual developer ask, the project is severely overpriced for its affordable-housing category.
• Possession timeline of October 2027 is more than three years out, exposing buyers to construction-delay risk; the developer does not appear to be a Tier-1 name with a widely documented track record of on-time delivery.
• Extremely dense configuration: ~599 units on 4.15 acres (~144 units/acre) will strain common infrastructure, parking, and amenity access.
• No substantive news coverage, few verifiable buyer reviews, and no visible bouquet of previously completed Gurugram projects from Rajvik Group in public sources—indicating limited reputational collateral.
• Sector 79 infrastructure (metro, retail, healthcare) is still maturing; daily conveniences may remain sparse until surrounding sectors populate.
• Oversupply risk: multiple affordable projects (Signature Global, GLS, ROF, Pyramid, etc.) are active in adjoining sectors, potentially capping rental growth and resale premiums.
• Construction delays remain common in the affordable segment despite RERA; with possession three years away, interim funding and EMI burden are real risks.

Our read

Location:

Sector 79/79B sits in New Gurgaon, benefiting from SPR and NH-8 access and the broader west-Gurugram growth story. However, it is not yet a mature, self-sustained micro-market. Metro connectivity is not confirmed for this sector in the immediate term, and social infrastructure is trailing residential supply. The Aravalli adjacency is a plus, but commercial hubs (Cyber City, Udyog Vihar) remain a considerable commute.

Price:

Caution advised. If the unit is genuinely available at the Haryana Affordable Housing Policy rate (~₹25–35 L all-in for a 2/3BHK), the pricing is fair for an end-user. At the ₹79 L figure quoted to you, the project appears misaligned with its affordable-housing DNA and is likely overpriced relative to comparable apartments in Sectors 86, 90, or 92. Do not book without an explicit RERA-price break-up and a written confirmation that the unit is part of the affordable-housing quota at policy rates.

Buyer fit:

Appropriate only for end-users with verified eligibility under the affordable-housing lottery/policy who can tolerate a 3-year wait and are purchasing at policy-fixed rates. Poor fit for investors at ₹79 L or for buyers needing immediate self-use, established social infrastructure, or a developer with a proven delivery legacy.

Market read

Price trend:

Sector 79 Gurugram quoted at ~₹12,940/sq ft on listing platforms (a listing portal), while Rajvik Greens is marketed under Haryana Affordable Housing Policy at ₹4,200/sq ft carpet area + ₹1,000/sq ft balcony per the developer’s own collateral. A 3BHK (642 sq ft carpet) is listed on a listing portal at ₹79 L, which is dramatically higher than the policy-fixed structure and suggests either resale/investor pricing, a different inventory block, or a significant transparency issue. No reliable price-appreciation data specific to this project was found.

Rental yield:

No project-specific rental data found. Gurugram residential rental yields broadly range 2.5%–4.5% depending on micro-market and finish; affordable units near industrial/SPR corridors typically attract working-class tenants but command lower absolute rents.

Demand:

General demand for affordable housing in New Gurgaon remains supported by migration and office-space growth, though this specific project has thin visibility.

Resale:

Resale liquidity is unproven; the developer lacks a visible legacy of completed Gurugram projects in search results, which usually constrains exit options.