Paras Ekam Courtyard, a commercial development by Paras Buildtech Pvt. Ltd., is situated in Sector 107, Sohna, Gurgaon. This project is part of the burgeoning Sohna Road corridor, which has transformed into a significant commercial hub. Among the various new projects in Gurgaon, this development stands out due to its strategic location and planned amenities. The area benefits from proximity to the Delhi-Mumbai Industrial Corridor (DMIC) and the Kundli-Manesar-Palwal (KMP) Expressway, enhancing logistics and connectivity. The Sohna Road itself is a six-lane expressway connecting to Golf Course Extension Road and NH-48, ensuring smooth transit to Cyber City, Udyog Vihar, and the Indira Gandhi International Airport. This locational advantage makes it a prime spot for businesses looking to tap into a growing consumer base and a skilled workforce. The project is designed to cater to both retail and office space requirements, offering a mix of high-street retail and Grade-A office spaces. With RERA registration, it assures compliance and transparency, a critical factor for investors and tenants alike.
The master plan of Paras Ekam Courtyard spans across 7.5 acres, with a thoughtful allocation of space. The project comprises two commercial towers, with a configuration of G+18 floors, offering a total of 350 units. The unit sizes range from 300 to 3500 square feet, providing flexibility for various business needs. A striking feature is the 80% open green area, which is a rarity in commercial projects. This open space is utilised for landscaped plazas, pedestrian walkways, and seating zones, creating a pleasant environment for visitors and professionals. The development includes a multi-level car parking facility, ensuring ample parking for tenants and visitors. The architecture focuses on functionality and aesthetics, with a triple-height grand atrium at the entrance, high-speed elevator banks, and centralized HVAC systems. The retail segment features double-height shops with high-visibility frontages, ideal for anchor stores and flagship outlets. The office spaces are designed as Grade-A corporate floorplates, suitable for IT/ITeS and other modern businesses.
Within the commercial units at Paras Ekam Courtyard, high-visibility frontage and efficient floor layouts are key highlights. The retail zone is planned to include a mix of high-street retail, a multi-cuisine food court, and an entertainment deck, creating a vibrant ecosystem. The office spaces are equipped with modern infrastructure, including VRV climate control and acoustic glazing, ensuring a comfortable working environment. The project also incorporates sustainable features like rainwater harvesting and waste management systems. The developer, Paras Buildtech, has a track record of delivering commercial projects in the NCR region, such as Paras Trade Centre and Paras Trinity. Their experience in commercial real estate adds credibility to this project. The construction status is currently under construction, with delivery timelines not disclosed on 99acres. However, given the developer's past performance, timely completion is expected. The project's RERA registration number is available on the HRERA website, providing further assurance to buyers.
The catchment area for Paras Ekam Courtyard is robust, with over 50,000 affluent families residing in the vicinity. The surrounding residential developments, including townships like Vatika City, Bestech Park View, and Sare Homes, contribute to a steady footfall. The presence of educational institutions like GD Goenka University and KR Mangalam University, along with healthcare facilities like Medanta and Artemis, further enhances the catchment. The Sohna Road corridor is also home to several corporate offices, including those of American Express, Aon Hewitt, and Genpact, ensuring a consistent demand for office space. The project's location on a six-lane expressway with direct metro connectivity (proposed metro extension) adds to its accessibility. For businesses, this means access to a large talent pool and customer base. The retail spaces are expected to attract brands looking to establish a presence in this growing micro-market. The food court and entertainment zones are designed to increase dwell time, benefiting retailers.
From an investment perspective, commercial properties in Gurgaon, particularly along Sohna Road, have shown promising returns. Establishing a lucrative benchmark for Grade-A commercial projects in Gurgaon, projected rental returns for retail spaces in this corridor range between 7.0% and 9.5% gross, depending on the tenant profile and location within the project. Office spaces typically yield slightly lower but are considered stable long-term investments. Capital appreciation is driven by infrastructure upgrades, such as the widening of Sohna Road and the proposed metro line. The project's RERA compliance and the developer's reputation further mitigate risks. Financing options are available from leading banks and NBFCs, with commercial lease rental discounting (LRD) being a common route for investors. It is advisable to conduct due diligence on the specific unit, including its location, size, and intended use, before committing. The pricing is available on request, and interested buyers should contact the developer or authorised channel partners for detailed cost sheets.
In summary, Paras Ekam Courtyard offers a well-conceived commercial development in a high-growth corridor. Its mix of retail and office spaces, coupled with extensive open areas and modern amenities, positions it as a viable option for businesses and investors. The project's compliance with RERA and the developer's track record add to its credibility. While the delivery timeline is not publicly disclosed, the ongoing construction suggests progress. Prospective buyers should evaluate their specific requirements and investment goals, considering factors like rental yields, capital appreciation, and tenant demand. With its strategic location and thoughtful design, Paras Ekam Courtyard is poised to become a notable commercial address in Gurgaon. For more information on similar projects, one can explore the residential and commercial listings on GurgaonNewProject.com.
