Description

Neo Square – Sector 109, Dwarka Expressway

Dwarka Expressway has emerged as one of the most transformative growth corridors in the Delhi–Gurgaon real estate landscape. Among the various commercial developments along this expressway, Neo Square in Sector 109 stands out as a modern, fully integrated commercial hub designed to cater to retail, office, entertainment, and hospitality businesses. Positioned on a prime location and backed by contemporary infrastructure, Neo Square is today regarded as one of the key commercial projects attracting investors and business owners looking for high-footfall, high-visibility, and long-term appreciation potential.

1. Overview & Developer

• Project: Neo Square (commercial / mixed-use) 

• Developer: Neo Developers Pvt. Ltd. 

• Use: Commercial (Retail, Offices, Food Court, Entertainment) 

• Land Area: ~ 3.07 acres 

• Total Built-up Area: ~ 3,97,020 sq ft (≈ 397,000 sq ft) according to Neo Developers. 

2. Location & Connectivity

• Situated in Sector 109, Gurgaon (Gurugram), on the 150 m-wide Dwarka Expressway. 

• Very good connectivity: close to IGI Airport, NH-8, and Dwarka. 

• Proximity to upcoming residential clusters: Several large residential projects around Sector 109. 

3. Project Configuration & Components
Neo Square is quite diversified in terms of commercial offerings. Here’s a breakdown:

• Retail Shops: Multiple levels (ground to some upper floors) for retail. 

• Offices: Office space from floor ~5 to 17 (per one report) 

• Food Court / F&B: Dedicated food court and restaurants planned.

• Entertainment: There is an “Octane” zone — virtual gaming, bowling alley, climbing, etc. 

• Parking: Multi-level basement parking. According to one report, over 1,600+ car parking spots. 

• Elevators: High-speed lifts for easy movement. 

4. Specifications & Amenities

• Intelligent Building Management System (BMS) 

• Centralized air-conditioning 

• 100% Power Backup 

• Fire detection & firefighting systems 

• CCTV / Surveillance 

• High-speed data cabling, telecom connectivity 

• Support for accessibility: driver lounges, restrooms for physically challenged, etc. 

• Valet parking (optional) 

5. Approvals / Regulatory Status

• They have obtained Occupation Certificate (OC). According to a news report, the project got OC in Sept 2024. 

• Security: 24x7 CCTV. 

• RERA: The original RERA registration was HRERA No. 109 of 2017.

• Note: According to some sources, RERA renewal is “under review.” 

6. Sizes, Pricing & Payment

• Unit Sizes:

  • Retail shops: ~ 250 to 2,000 sq ft (according to Neo Square’s website) 

  • Office space: wide range; some listings mention 550 sq ft to 17,000 sq ft. 

• Payment Plan: According to Realty Smartz, there was a 50:50 payment plan (half now, half on possession) for some office units. 

7. Recent / Current Update

• As mentioned, the project received its Occupation Certificate (OC) in September 2024. 

• There are “pre-leased” properties available, meaning some units are already leased out or meant for long-term investment. 

• According to a listing, possession for some office units was expected around Jan–Feb 2025 (per Realty Smartz). 

Pros / Strengths of Neo Square (Sector 109)

• Strategic Location: On Dwarka Expressway → good connectivity to Delhi, IGI Airport, NH-8, etc. 

• Mixed Use: Because it has retail, offices, entertainment, food court, it can attract high footfall and diverse customers.

• Modern Infrastructure: Good building management, full power backup, advanced security, etc.

• High Visibility: Retail shops on expressway-facing frontage; good for brand visibility.

• Parking: Large basement parking is good for commercial viability.

• Return Potential: As a commercial project with OC, it could generate rental income.

Process to Book a Unit Through A2P Realtech – Sales Channel Partner

Booking a residential or commercial unit through A2P Realtech is designed to be transparent, smooth, and well-coordinated. Below is the complete workflow followed by buyers, A2P Realtech, and the developer.

1. Initial Consultation

The process starts with a detailed discussion to understand the buyer’s needs.

A2P Realtech Helps You With:

• Type of property needed (Retail/Office/Residential/Investment)

• Budget planning

• Preferred locations or developers

• ROI expectations / rental yield goals

• Shortlisting the most suitable projects

Outcome: Shortlisted options tailored to the buyer’s needs.

2. Project Explanation & Unit Options

A2P Realtech provides complete project details:

• Brochures & floor plans

• Price lists

• Availability chart

• Payment plans

• Developer background

• Pros & cons of the project

• Investment potential

Outcome: Buyer understands everything needed before a site visit.

3. Site Visit / Project Tour

A physical or virtual tour (depending on location) is arranged.

Includes:

• Pick-up/drop facility (when available)

• Visit to sample units

• Visit to actual construction site

• Checking views, location, access points

• On-ground explanation of amenities & specifications

Outcome: Buyer gets full clarity on product and environment.

4. Unit Selection

After the visit, the buyer finalizes:

• Tower / Block

• Floor

• Unit number

• Facing & size

• Preferred payment plan

A2P Realtech cross-checks the latest inventory with the developer.

Outcome: Final unit is locked temporarily for booking.

5. Booking Form & KYC Completion

Once the unit is confirmed, A2P Realtech helps the buyer complete:

Required Documents:

• PAN Card

• Aadhaar Card / Passport

• Passport-size photographs

• Address proof

• GST details (for commercial bookings, if applicable)

A2P Realtech ensures the booking form is filled accurately to avoid delays.

6. Token / Booking Amount Payment

To reserve the unit, the buyer pays the booking amount to the developer.

Payment Can Be Made Via:

• Cheque

• RTGS / NEFT

• Online payment link

• Demand draft

A2P Realtech ensures the payment is made directly to the developer’s account, ensuring transparency.

Outcome: Unit is officially blocked in the developer’s system.

7. Allotment Letter Issued

Once the booking amount is received:

• The developer issues an Allotment Letter

• Includes unit details, price, payment schedule, and terms

• Buyer signs and acknowledges the allotment

A2P Realtech double-checks all calculations and terms on your behalf.

8. Agreement to Sell (ATS) / Builder-Buyer Agreement

Depending on the project status, the next step is:

• Apartment Buyer Agreement

• Commercial Space Agreement

• Builder Buyer Agreement

A2P Realtech coordinates the signing, documentation, and legal queries.

9. Loan Assistance (Optional)

If the buyer needs home loan/commercial loan:

A2P Realtech supports with:

• Loan eligibility check

• Selecting best bank (HDFC, ICICI, SBI, Axis, etc.)

• Loan documents submission

• Follow-up with bank

10. Payment Plan Execution

Depending on the construction stage, the buyer follows:

• CLP (Construction Linked Plan)

• 30:70 plan

• Subvention plan

• Down payment plan

• Time-linked plan

A2P Realtech:

• Tracks your payment schedule

• Sends reminders

• Coordinates with the builder

• Ensures timely receipts & payment acknowledgments

11. Regular Updates & After-Sales Support

After booking, A2P Realtech continues to assist with:

• Construction progress updates

• Demand letter tracking

• Any change of unit queries

• Add-on services (parking, storage, etc.)

• Pre-handover inspection support

• Possession coordination