Description

EBD 83, located in Sector 83, Gurgaon, is a high-end commercial project offering a variety of retail and office spaces. Designed with modern architecture, the development aims to create a dynamic business and shopping environment. With spacious layouts, well-planned infrastructure, and an inviting atmosphere, EBD 83 provides an ideal platform for retail outlets, restaurants, and corporate offices. Positioned in a rapidly growing area, it benefits from excellent connectivity to major roads, including NH-8 and the Dwarka Expressway, ensuring easy access and high visibility, making it a prime destination for business and commercial activities in Gurgaon.

Overview of Emaar Business District (EBD) 83, Sector 83, Dwarka Expressway, Gurgaon

Emaar, a renowned real estate developer, is creating a sophisticated and modern business environment through EBD 83. The district is designed as a commercial hub, offering a range of office spaces, retail outlets, and other commercial facilities. Given its strategic location and the developer's reputation, this project is considered one of the most promising commercial developments on the Dwarka Expressway.

The unit sizes at Emaar Business District (EBD) 83, located in Sector 83, Dwarka Expressway, Gurgaon, vary depending on the type of commercial space you're interested in. The development offers office spaces, retail spaces, and possibly other configurations designed for modern businesses and corporations.

Office Space Sizes in EBD 83:

1. Small Office Units:
• Size Range: 500 – 1,500 sq. ft.
• These units are ideal for startups, small businesses, or co-working spaces.
• Flexible layout options allow customization to suit business needs.
2. Medium Office Units:
• Size Range: 1,500 – 3,000 sq. ft.
• These are suitable for small to medium-sized enterprises (SMEs), especially for companies looking for a larger space but not requiring an entire floor.
3. Large Office Units:
• Size Range: 3,000 – 10,000 sq. ft. or more.
• These are ideal for corporates, multinational companies, or large-scale offices that need expansive, flexible space.
• Some buildings may offer full-floor leasing options for large enterprises.
4. Floor Plates (Full Floors):
• Size Range: Typically around 15,000 – 20,000 sq. ft. per floor, depending on the building design.
• These can be leased or sold as entire floors for large businesses or firms that need dedicated space.

Retail Space Sizes in EBD 83:

1. Small Retail Units:
• Size Range: 200 – 1,000 sq. ft.
• Ideal for small businesses, showrooms, cafes, or service-oriented stores.
• These units cater to high-footfall areas within the complex, such as entrances or near common amenities.
2. Medium Retail Units:
• Size Range: 1,000 – 3,000 sq. ft.
• These units are suitable for restaurants, furniture stores, fitness centers, or larger showrooms.
3. Large Retail Units:
• Size Range: 3,000 – 5,000 sq. ft. or more.
• Larger units may be designed for department stores, supermarkets, or brands that need significant space for their operations.

Customizable Units:

• One of the attractive features of EBD 83 is the flexibility in unit sizes. Office and retail spaces can often be combined, and some units are customizable to meet the specific needs of tenants. For example, you can modify an office unit to create an open-plan layout, or retail units may be tailored for specific uses.
• Mezzanine Floors: Some units in EBD 83 might have the option of incorporating a mezzanine floor to add more usable space, especially for businesses that need additional storage or administrative space.

Key Highlights:

• Scalability: Whether you're a small business looking for 500 sq. ft. or a large corporation in need of 10,000 sq. ft., EBD 83 provides scalable solutions to meet different business needs.
• Flexibility: With flexible leasing options and customizable layouts, businesses can optimize their space for productivity.
• Amenities: Units in EBD 83 are equipped with modern amenities such as centralized air conditioning, high-speed elevators, 24/7 security, and ample parking to provide a comfortable and professional environment for all tenants.

Why is Size Important in ROI?

• Smaller Units (500 – 1,500 sq. ft.): These units are generally easier to lease out and attract smaller businesses or startups, providing a stable rental yield.
• Larger Units (3,000 – 10,000 sq. ft.): Larger units provide a higher rental income but can have a slower leasing process due to the larger tenant requirements. However, they offer the potential for long-term leasing contracts from larger corporations, which can provide consistent revenue.

Key Features of Emaar Business District (EBD) 83:

1. Strategic Location:
• Proximity to Dwarka Expressway: EBD 83 is situated right along the Dwarka Expressway, making it highly accessible from both Gurgaon and Delhi. The Expressway itself is a vital connectivity link between Dwarka (Delhi) and Gurgaon, improving the region's accessibility to major business centers.
• Distance to Major Hubs: It is near several corporate parks, business hubs, and residential complexes. Key locations like Cyber City, Cyber Hub, and Udyog Vihar are just a short drive away, making this district ideal for businesses.
• International Airport: The Indira Gandhi International Airport is a 15–20-minute drive, which makes it an attractive location for businesses with international operations.
2. Commercial Infrastructure:
• EBD 83 offers state-of-the-art office spaces and retail outlets, designed to cater to a variety of businesses, including startups, small & medium enterprises (SMEs), IT companies, and corporates.
• Flexible Office Spaces: The district includes flexible office configurations, offering both small office units and large commercial spaces, catering to diverse business needs.
3. Modern Amenities:
• High-Speed Elevators: Multiple elevators ensure ease of movement within the building, making it ideal for large corporate teams.
• 24/7 Security: Advanced security systems, including CCTV surveillance, access control, and security personnel, ensure safety within the premises.
• Parking Facilities: Ample parking space for both employees and visitors.
• Centralized Air Conditioning: HVAC systems provide comfort for employees throughout the day.
• Power Backup: 24/7 power backup ensures uninterrupted business operations.
4. Sustainability and Green Features:
• LEED-certified Buildings: Many of the office buildings are designed to meet LEED (Leadership in Energy and Environmental Design) standards, focusing on sustainability and reducing the carbon footprint.
• Green Spaces and Landscaping: The district is designed to include green landscapes, parks, and open spaces, providing a pleasant environment for work.
5. Retail Spaces:
• EBD 83 also includes retail spaces that cater to the daily needs of people working in the district, offering cafes, restaurants, convenience stores, and more.
• This makes it an attractive destination not only for businesses but also for consumers, adding an element of convenience.
6. Flexible Leasing Options:
• EBD 83 offers businesses the flexibility of long-term and short-term leases, which is ideal for startups and growing businesses that need scalability in office spaces.
• The leasing options also provide flexibility in terms of expansion as the business grows.
7. Dedicated Commercial Zone:
• EBD 83 is entirely focused on commercial use, ensuring a business-only zone without residential interruptions. This is a significant advantage for companies seeking a professional environment and high-quality infrastructure.

Why Invest in EBD 83, Sector 83, Dwarka Expressway?

1. Prime Location for Businesses:
• On the Dwarka Expressway, EBD 83 is well-connected to other commercial hubs like Cyber City, Manesar, Gurgaon’s Golf Course Road, and even New Delhi. It’s strategically positioned for businesses that need to operate in Gurgaon and Delhi.
2. Capital Appreciation Potential:
• The area has witnessed rapid infrastructure growth, and with the ongoing development of the Dwarka Expressway, this location is set to experience high capital appreciation in the coming years. The area’s real estate market is growing due to the increasing demand for commercial office spaces in and around Gurgaon.
3. Proximity to Residential Developments:
• Nearby residential projects such as Emaar MGF’s other developments and other high-rise residential complexes in sectors like 104, 106, and 109 ensure a steady influx of potential workers and customers for businesses in EBD 83.
4. Corporate Hub and Business Growth:
• EBD 83 is set to attract a wide variety of businesses, including IT companies, business startups, and MNCs, especially given the growing trend of flexible office spaces. Companies are increasingly looking to relocate to Gurgaon, and EBD 83 provides them with an ideal location.
5. Social Infrastructure:
• The area is close to schools, hospitals, shopping malls, and other essential services, which makes it an attractive place for both employers and employees.
• Retail and Hospitality: With ongoing commercial and retail developments, the area offers opportunities for investment in retail or hospitality as well.

Investment Opportunities in EBD 83:

1. Commercial Office Spaces:
• EBD 83 offers a variety of office spaces for lease or sale. Investing in these units can provide high rental yields due to the location's attractiveness to businesses. As more companies move into the area, demand for commercial spaces is expected to rise, leading to potential appreciation in property value.
2. Retail Investment:
• Investing in retail units in the district can also be lucrative, as the area will attract workers, clients, and visitors who need essential services. The retail spaces within EBD 83 could see a high footfall, making it a good option for those looking to invest in commercial retail properties.
3. Land Investment:
• If you're looking for a long-term investment, purchasing land around EBD 83 could be another opportunity. As commercial development continues, the value of land in and around the area will likely increase.
4. Co-working Spaces:
• With the rising popularity of co-working spaces, EBD 83 can be an ideal location to set up or invest in such facilities. Many startups and entrepreneurs are looking for flexible office spaces, which could present a profitable investment.

Risks and Considerations:

1. Market Fluctuations:
• The real estate market can fluctuate, and while Gurgaon is a growing business hub, external factors like government policies, economic downturns, or a slower-than-expected market recovery could affect the returns.
2. Construction Delays:
• Some commercial developments experience delays in construction, so it’s important to get a clear timeline from the developers and check their past project completion history.
3. Regulatory Changes:
• Always verify the legal and regulatory aspects before making an investment. This includes ensuring proper approvals, clear land titles, and adherence to environmental standards.

Factors Influencing ROI in EBD 83:

1. Strategic Location:

• Proximity to Dwarka Expressway: Being directly connected to Dwarka Expressway, one of the key development corridors in Gurgaon, EBD 83 benefits from excellent connectivity to major commercial and residential hubs in Gurgaon and Delhi.
• The proximity to the airport and Cyber City makes EBD 83 an attractive location for businesses. Commercial spaces in areas with great connectivity and high foot traffic, such as this, generally see a better ROI.

2. Type of Commercial Development:

• Office Spaces in EBD 83 cater to a wide range of companies, from startups to established corporates, including companies looking for flexible office spaces. The demand for IT spaces, co-working spaces, and corporate offices is rising, particularly in the Dwarka Expressway region, which gives EBD 83 a competitive edge.
• Retail spaces in the area are also lucrative due to the growing number of businesses and workers in the area. As more employees from nearby commercial hubs move into the area, the demand for amenities like cafes, restaurants, and retail shops will increase.

3. Reputation of Developer (Emaar):

• Emaar is a renowned developer with a strong track record in delivering high-quality commercial and residential properties. The brand value and trust associated with Emaar often attract both tenants and investors. A well-established brand like Emaar usually adds credibility to the project, which positively influences ROI over the long term.

4. Upcoming Infrastructure Developments:

• The Dwarka Expressway Metro station, which is expected to be operational in the coming years, will significantly enhance the connectivity of the area. The increased access and convenience are expected to drive demand for both office and retail spaces, making EBD 83 more attractive to businesses and investors.
• Additionally, the overall growth of the Dwarka Expressway corridor will increase property values as more residential and commercial projects come up, further enhancing the ROI.

5. Leasing and Rental Yields:

• Leasing Opportunities: EBD 83's office spaces cater to a mix of large corporations and small-medium enterprises (SMEs), offering varied leasing options that can yield stable rental income. The demand for commercial properties in Gurgaon continues to grow, especially in well-connected regions like EBD 83.
• Retail Rental Yields: Retail spaces in EBD 83 could also offer good returns, given the increasing demand for services by businesses and the large number of employees working in the surrounding areas.

Market Competition in ROI:

To understand how EBD 83 fares in terms of ROI compared to other commercial developments in Gurgaon, it’s important to compare it to similar projects in the area. Let's break it down:

1. Dwarka Expressway Commercial Developments:

• EBD 83 is one of the key commercial hubs along the Dwarka Expressway, but it faces competition from several other developments, such as:
• M3M Urbana Business Park (Sector 67): A large commercial development with office spaces, retail outlets, and F&B options.
• BPTP Park Centra (Sector 30): Another prominent business park that offers office spaces, retail units, and more.
• Ambience Business Park (NH-8): Offers Grade-A office spaces and is located on the Gurgaon-Dwarka Expressway, with a strong rental yield potential.
• These competitors are also offering modern office spaces, retail outlets, and have similar proximity to the Dwarka Expressway, which puts pressure on EBD 83 to differentiate itself and maintain competitive rental rates and pricing.

2. Cyber City and Golf Course Road:

• Cyber City, located in Gurgaon’s Sector 25 and Golf Course Road, has been a major commercial hub for MNCs, IT firms, and office spaces for the past decade. These areas are well-established and offer high demand, but the supply of office spaces in these areas is limited due to land scarcity, making EBD 83 an attractive alternative for businesses looking to set up near Cyber City but at potentially more affordable rates.
• However, because Cyber City is already a well-established commercial hub, it might offer slightly higher rental yields, making it a more competitive option when compared to EBD 83, particularly in the short-term.

3. Manesar and Sohna Road:

• Areas like Manesar and Sohna Road offer competitive office spaces at more affordable prices when compared to EBD 83. These locations have emerged as alternative commercial hubs, catering to industrial companies and manufacturing sectors, which may not be as attractive for IT or service-based companies. However, for cost-conscious businesses, these areas might pose competition to EBD 83 on the basis of cost-effectiveness.

4. Golf Course Extension Road & Southern Peripheral Road (SPR):

• The Golf Course Extension Road and Southern Peripheral Road also have a mix of high-end commercial properties, such as DLF Cyber Hub, Worldmark, and Infinity Tower. These locations are more expensive, but they still compete with EBD 83 in terms of providing high-quality infrastructure and proximity to major commercial hubs. The advantage of EBD 83 is that it's relatively newer and offers affordable rental rates compared to some of these prime locations.

Expected ROI in EBD 83:

1. Office Space ROI:
• The annual rental yield for office spaces in commercial districts like EBD 83 typically ranges between 6% to 8%. Given the location along Dwarka Expressway and its development, EBD 83 is likely to see stable and steady rental income as more businesses establish themselves in the area.
• With the metro connectivity and the anticipated growth of the region, there is potential for an increase in rental demand, which could lead to higher ROI over time.
2. Retail Space ROI:
• For retail spaces, the ROI could vary between 7% to 10% depending on the footfall and the tenant profile. As EBD 83 becomes more developed and more people start working in the area, demand for retail outlets (cafes, restaurants, gyms, etc.) will likely rise.
• Retail spaces in well-located business districts generally have higher returns than office spaces, especially if the area becomes a commercial hotspot.
3. Capital Appreciation:
• Capital appreciation in EBD 83 could be strong over the next 5–7 years. As infrastructure improves, especially with the metro link, and the demand for commercial space in the region increases, property values are likely to increase.
• Investors who buy early, especially when the prices are still relatively competitive, could see significant capital gains as the area matures and grows in popularity.

Conclusion:

Emaar Business District (EBD) 83 is well-positioned in the Dwarka Expressway market to offer competitive ROI potential, though it faces competition from other commercial hubs like Cyber City, Sohna Road, and Golf Course Road. However, due to its strategic location, modern infrastructure, and upcoming infrastructure projects like the Dwarka Expressway Metro, it stands as a promising investment for both rental yields and capital appreciation.

• Short-Term ROI: Competitive, with steady rental yields, especially for office spaces and retail units.
• Long-Term ROI: High potential for capital appreciation as the area continues to develop and attract more businesses.

Step-by-Step Process to Book a Unit in Emaar Business District (EBD) 83

Step 1: Research and Select Your Unit

• Identify Your Requirements:
• Determine the type of unit you're interested in (office space, retail space, etc.).
• Decide on the size you require (e.g., 500 sq. ft. for small office spaces or 3,000+ sq. ft. for larger office spaces).
• Consider the floor preference (e.g., ground floor for retail or upper floors for offices).
• Review the Options:
• Visit the Emaar website or contact real estate agents who specialize in the Emaar Business District.
• Look at price lists, availability, and layout plans.

Step 2: Contact the Sales Team or Agent

• Reach out to the Emaar Sales Team:
• You can contact the official Emaar sales team for EBD 83. This can be done by visiting their office, calling their helpline, or filling out an inquiry form on the Emaar website.
• Engage a Real Estate Consultant:
• If you’re more comfortable with professional advice, consider working with a real estate agent who has access to the latest offerings and can guide you through the process.

Step 3: Site Visit & Final Decision

• Schedule a Site Visit:
• Before committing to a unit, arrange a site visit to EBD 83 to check the location, view, amenities, and infrastructure. This helps in making an informed decision.
• The site visit will also give you a chance to ask questions regarding construction progress, availability, and customization options.
• Select Your Unit:
• After the site visit, confirm the unit type and size that meets your needs.

Step 4: Negotiation and Agreement

• Negotiate the Terms:
• Discuss the price, payment plan, and other terms of the lease or sale with the sales team or agent.
• If you are purchasing, negotiate the total cost, including any additional charges for maintenance, GST, or stamp duty.
• Sign a Letter of Intent (LOI):
• Once you’ve agreed on the terms, an LOI (Letter of Intent) may be signed. This document expresses your intent to purchase/lease the unit.

Step 5: Due Diligence and Documentation

• Verification of Legal and Financial Aspects:
• Due diligence is important. Ensure that the legal documents are in order, such as title deeds, land approvals, and property registration documents.
• If you are purchasing, you will also need to check financial arrangements, including the loan approval from your bank (if applicable).

Step 6: Payment of Initial Booking Amount

• Pay the Booking Amount:
• Once you’re satisfied with the unit and have agreed on the price, you will be required to pay an initial booking amount.
• The booking amount can range from 5% to 10% of the total cost of the unit.
• This amount will be deducted from the final price of the property.

Step 7: Signing the Sale/Lease Agreement

• Prepare the Agreement:
• After the booking amount is paid, Emaar will provide you with a Sale Agreement (if buying) or a Lease Agreement (if leasing).
• Review and Sign:
• Go through the document carefully, review all terms (payment schedule, possession date, etc.), and sign the agreement.
• You may also need to provide KYC documents (such as ID proof, address proof, company registration details, etc.).

Step 8: Make the Remaining Payments

• Follow the Payment Plan:
• The remaining amount will usually be paid in installments according to the payment plan, which is often tied to construction milestones (if purchasing) or pre-determined dates (if leasing).
• Payment Schedule:
• The payment plan may be broken down into stages, including:
• Booking Amount (paid upfront)
• Construction Milestones (for purchase agreements)
• Possession Fees (final payments after construction completion or handover)

Step 9: Handover/Occupation

• Possession of Unit:
• Once the final payment is made and all documentation is complete, you will be handed over the possession of the unit.
• In case of retail units, you may need to complete interior customization before opening for business.
• For office spaces, the building is often ready for immediate fit-outs.

Documents You Will Need for Booking:

• Identity Proof: PAN Card, Aadhaar Card, Passport, or Voter ID (for individuals).
• Company Registration Details: (for corporate buyers) – MOA (Memorandum of Association), Partnership Deed, or Company PAN.
• Address Proof: Utility bill, rental agreement, etc.
• Photographs: Passport-sized photos for KYC purposes.
• Authorization Letters: For corporate investors.
• Bank Details: For payment processing and loan details if taking financing.

Step 10: Post-Booking Support

• Customizations & Interior Work:
• If you are planning on doing a custom interior fit-out, you can proceed with construction once the handover is done.
• Some developers like Emaar may also offer interior design services or recommend contractors.
• Regular Updates:
• Keep in touch with the sales or customer service team for updates on the progress of your booking, expected possession date, and any potential changes in the timeline.

Key Considerations Before Booking a Unit:

• Legal Clearances: Make sure all legal paperwork, approvals, and certifications (including RERA registration, land ownership, and building approvals) are in place.
• Market Conditions: Research the market trends in the Dwarka Expressway area. With ongoing infrastructure development, the property value is expected to appreciate, but it’s always wise to ensure the project aligns with your long-term investment goals.
• Possession Timelines: Ensure that Emaar has a clear possession date or expected completion date, especially if you're purchasing an under-construction unit.
• Payment Plans: Understand the payment structure (e.g., construction-linked plan, possession-linked plan, etc.) and be comfortable with the installment schedule.