Golf Course Road in Gurgaon has long been synonymous with upscale living, and its evolution into a premier corporate and residential corridor shows no signs of slowing. The strategic importance of this stretch has been amplified by the operational Dwarka Expressway (NH-248BB) and the Southern Peripheral Road, which together have dramatically improved access to IGI Airport T3, Cyber City, and the upcoming Global City. Within this dynamic micro-market, the joint development by ITC and Silverglades, The Laburnum, stands out among the premier new projects in Gurgaon along the expressway, offering a rare combination of corporate convenience and residential tranquillity.
The project occupies a generous 12.5-acre land parcel in Sushant Lok Phase 1, with an impressive 85% of the area dedicated to open greens. This low-density configuration, comprising just six towers rising to G+38 floors, ensures that each of the 620 units enjoys abundant natural light and ventilation. The master plan has been carefully conceived to create a verdant, car-free podium, allowing residents to immerse themselves in landscaped gardens and water features without the intrusion of vehicular traffic. For those seeking a respite from the city's hustle, the sheer scale of the open space here is a defining characteristic.
Within the residences at The Laburnum, layout efficiency and natural lighting take centre stage. The project offers exclusively 4BHK configurations, with super areas ranging from 4,200 to 6,500 square feet. These expansive homes are designed with high ceiling volumes, Italian marble flooring, and double-glazed acoustic glazing that keeps the noise of the city at bay. The kitchens are outfitted with European modular fitouts, while VRV climate control systems ensure year-round comfort. Each residence is a testament to thoughtful planning, with separate utility areas, spacious balconies, and master bedrooms that exude a sense of calm.
The development's amenities are equally impressive, with a grand clubhouse that spans over 50,000 square feet. Residents can enjoy a temperature-controlled infinity pool, a fully equipped fitness centre, squash and tennis courts, and dedicated zones for yoga and meditation. The clubhouse also houses a business lounge and banquet facilities, catering to the professional and social needs of residents. For families, there are age-appropriate play areas and a creche, ensuring that every member of the household is well catered for. The emphasis on wellness is further underscored by the inclusion of jogging tracks and cycling paths that meander through the landscaped grounds.
Setting a strong benchmark for luxury residential projects in Gurgaon, gross rental yields in this micro-market are expected to range between 3.5% and 5.5%, driven by sustained demand from C-suite executives and expatriates working in the nearby corporate hubs of Cyber City, Udyog Vihar, and the upcoming Global City. The project's location on Golf Course Road also ensures excellent social infrastructure, with top-tier schools, hospitals, and luxury retail outlets within a short drive. For investors, the capital appreciation potential is strong, given the limited availability of large-format luxury apartments in this corridor.
ITC and Silverglades bring a formidable track record to this venture. ITC's foray into hospitality and real estate is marked by a commitment to sustainability and quality, while Silverglades has a long history of delivering premium projects in Gurgaon. The project is currently under construction, with possession slated for June 2024. While the RERA registration is marked as 'Not Verified', prospective buyers are advised to conduct thorough due diligence and confirm the project's approvals with the relevant authorities. Leading financial institutions, including HDFC, SBI, ICICI, and Axis Bank, have shown confidence in the project, offering home loan assistance to qualified buyers. With indicative pricing between Rs. 10 crore and Rs. 15 crore, The Laburnum represents a significant investment in one of Gurgaon's most coveted addresses.
