Key Details of Orchid Ivy Floors

Located in Sector 51, Gurgaon, Orchid Ivy Floors offers a mix of 3 and 4 BHK luxury independent floors. These units come with a variety of configurations ranging from 2600 sq. ft. to 3200 sq. ft. The project is designed to be spacious, well-ventilated, and includes both private and shared spaces such as a terrace and basement, which enhances the sense of exclusivity.

• Apartment Sizes: Orchid Ivy Floors offers a variety of configurations ranging from 3 BHK to 4 BHK apartments, catering to both small and large families.
• 3 BHK Units: The most popular choice, these apartments range between 2600 and 3200 square feet. They come with spacious living areas, multiple bathrooms, and balconies.
• 4 BHK Units: For larger families, these luxurious units span over 3200 square feet and often come with additional features like a pooja room and servant quarters.
• Furnishing Options: Both semi-furnished and fully-furnished units are available, allowing tenants to choose according to their needs. Semi-furnished options come with modular kitchens, wardrobes, and air conditioning, while fully-furnished apartments offer ready-to-move-in solutions with all essential furniture and appliances.
• Proximity to Essential Services: Within a radius of 2-3 kilometers, residents have access to schools (like Euro International School), hospitals (such as Artemis Hospital and Park Hospital), and shopping centers (Boom Plaza and Deerika Mall).
• Security Features: This gated community is well-planned, featuring biometric entry systems for enhanced security and zero circulation wastage, ensuring that residents get maximum utilization of their space.
• Eco-friendly Design: The aesthetic appeal of the project is heightened by the natural surroundings, with boundary fences covered in greenery and beautifully landscaped paths for serene walks within the community.

Cost of Renting or Purchasing at Orchid Ivy Floors

For those considering a purchase, the price of 3 BHK units starts at around INR 3.15 crore, while larger 4 BHK units are priced upwards of INR 4.0 crore. The competitive pricing for such premium floors reflects the growing property values in Gurgaon, making Orchid Ivy Floors a strong investment opportunity, whether you plan to reside or rent it out.

• Rentals: Rentals at Orchid Ivy Floors vary based on the configuration and specific features of the unit. For a luxurious 3 or 4 BHK apartment, rental prices typically range from INR 60,000 to INR 90,000 per month, depending on the size, location, and additional amenities provided.
• Monthly Rent: Rental prices at Orchid Ivy Floors vary depending on the size of the unit. Three-bedroom apartments typically range from ₹60,000 to ₹90,000 per month, based on the level of furnishing and specific apartment features.
• Security Deposit: Typically, landlords ask for a deposit equivalent to two to three months' rent, which is refundable at the end of the lease term. For Orchid Ivy Floors, this means a deposit ranging from ₹120,000 to ₹270,000.
• Utilities and Additional Costs: While rent generally covers maintenance services, residents should budget for utilities such as electricity, water, and internet. Clarifying what is included in the rent before signing the lease is advisable.
• Maintenance Fee: Residents need to pay a monthly maintenance fee, which is generally around ₹4,500 to ₹5,000.
• Negotiation Potential: Renting in Orchid Ivy Floors offers great value for money, given its location, spacious layouts, and the quality of construction. Additionally, residents benefit from a well-maintained property, reducing the usual concerns associated with older or less-organized housing projects.

Rent per square foot is approximately ₹19 to ₹28, making it competitive when compared to similar properties in the Sector 51 area.

Lease Terms: Most lease agreements are for a period of 11 months, which is the standard in this locality.

Compared to other residential projects in Sector 51, Orchid Ivy Floors offers competitive pricing given its strategic location, superior amenities, and overall quality of life. The rental costs are justified considering the area's demand and connectivity, making it a valuable investment for tenants looking to enjoy both luxury and quality living.

While the cost might seem on the higher side, it's essential to consider the overall value that comes with living in this complex—strategic location, security, and a vibrant community atmosphere. Moreover, prospective tenants should also account for additional costs such as maintenance fees, which are generally not included in the rent.