Mahindra Luminare Apartment in Sector 59, Gurgaon
Mahindra Luminare Apartment
Why Choose Mahindra Luminare Apartment in Sector 59?
Mahindra Luminare in Sector 59, Gurgaon, is an outstanding choice for those seeking luxury living in a prime location. This residential complex not only offers an exquisite lifestyle but also promises comfort, convenience, and security. Located strategically along the Golf Course Extension Road, the project provides easy access to major city hubs, making commuting hassle-free. The area is surrounded by various amenities, including major corporate offices, healthcare facilities, and educational institutions, enhancing the overall convenience for residents. This unique blend of business and leisure makes Magnum Towers an attractive option for those who want to live and work in proximity to each other.
One of the key attractions of Mahindra Luminare is its focus on modern living standards. The apartments are designed to meet the needs of contemporary lifestyles, providing spacious layouts and high-quality finishes. Additionally, the project's gated community ensures privacy and safety for all residents. This blend of luxury, convenience, and security makes Mahindra Luminare an ideal home for anyone looking to enjoy a premium lifestyle in Gurgaon.
Key Details of Mahindra Luminare Apartments
Mahindra Luminare boasts a range of impressive features. The complex offers both 3 BHK and 4 BHK apartment configurations, catering to various family sizes and needs. The apartments are well-ventilated and designed to maximize natural light, which enhances the living experience.
- Area: 4.3 lakh sq. ft. total space, with Magnum Tower 1 at 3.5 lakh sq. ft. and Tower 2 at 80,000 sq. ft.
- Floor Plates: Large floor plates of up to 33,000 sq. ft. to accommodate diverse business needs.
- Parking: Three levels of dedicated parking spaces.
- Security: 24/7 high-tech security systems ensuring the safety of all residents and businesses.
These features make it an appealing choice for those looking for a contemporary living environment that aligns with modern lifestyles.
Additional Features:
- Furnishing: Many apartments come semi-furnished, allowing residents to personalize their living spaces without the hassle of complete furnishing.
- Security Features: The project includes 24/7 security services, adding an extra layer of safety for families.
Cost of Living in Mahindra Luminare
When it comes to renting at Mahindra Luminare, potential residents can expect a competitive pricing structure. Monthly rents for 3 BHK apartments typically start around ₹1.35 lakh and can go up to ₹2 lakh, depending on the floor and specific amenities included. The rental market in Sector 59 is competitive, but Mahindra Luminare stands out due to its premium facilities and location advantages. It's advisable for potential renters to explore various listings and compare amenities to find the best fit for their needs.
Rental Price Range: Rental prices for 3 BHK apartments can range from ₹75,000 to ₹1.5 Lac per month, depending on the furnishing and specific amenities included.
Security Deposit: Typically, landlords require a security deposit equivalent to two months' rent. This deposit is refundable upon vacating the property, provided there is no damage beyond normal wear and tear.
Additional Costs: Apart from the rent, tenants should also consider utility costs, maintenance fees, and other charges that may be applicable. It's advisable to clarify these details with the landlord or property manager before signing the rental agreement.
When considering renting an apartment, cost is often a decisive factor. At Mahindra Luminare Apartment in Sector 59, the pricing is competitive and reflects the value offered by the property. Rental prices vary based on the size and configuration of the apartments, making it essential to assess individual needs and budget constraints.
Given the high demand for properties in this area, these prices are reasonable when compared to similar offerings in the locality, especially considering the facilities and environment that Mahindra Luminare provides. Furthermore, with the current real estate trends in Gurgaon, investing in a rental here is seen as a smart choice.
- 3 BHK Apartments: The rental price typically ranges from ₹75,000 to ₹1.5 Lac per month.
- 4 BHK Apartments: Larger configurations can go up to ₹2.5 Lac per month.
- Security Deposit: Typically, landlords ask for a deposit equivalent to two months' rent, which is refundable at the end of the lease term. For Mahindra Luminare Apartment, this means a deposit ranging from ₹1.35 lakh to ₹2.5 lakh.
- 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 ₹11,000 to ₹15,000.
- Rental Agreements: Rental agreements usually include free police verification and formal rental agreements, simplifying the moving process for tenants.
- Negotiable Lease Terms: Rental agreements are often negotiable, providing some flexibility in securing a deal that meets your financial needs.
Rent per square foot is approximately ₹8,970, making it competitive when compared to similar properties in the Sector 59 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 59, Mahindra Luminare Apartment 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 comfort and luxury.
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.
Amenities Offered by Mahindra Luminare
Mahindra Luminare goes beyond mere living spaces by providing a plethora of modern amenities designed to enhance the lifestyle of its residents. Key amenities include:
- High-Speed Elevators: Mitsubishi elevators ensuring swift movement between floors.
- Power Backup: 100% power backup to ensure uninterrupted living.
- Eco-Friendly Facilities: Includes a sewage treatment plant and EV charging stations, aligning with modern sustainability practices.
- Leisure Areas: Beautifully landscaped gardens, sit-outs, gazebos, and water bodies provide tranquil spaces for relaxation.
- Business Support: Meeting rooms equipped with IT support, ensuring that residents can work effectively from home or host meetings without hassle.
- Sports Facilities: The complex includes a badminton court, basketball court, and spaces for various indoor games(Propzilla).
- Health and Wellness: A fully equipped gymnasium, aerobics room, and landscaped gardens provide residents with the opportunity to maintain an active lifestyle(Propzilla).
- Community Spaces: The property features an amphitheater, children's play area, and a library, fostering community engagement among residents.
- Convenience Features: Amenities such as 24-hour concierge service, anti-skid tiles, and spacious parking facilities further enhance the living experience(Propzilla).
Additionally, Mahindra Luminare Apartment ensures basic conveniences such as covered parking, 24/7 security, and maintenance services. These features create a comfortable living environment that meets the needs of all residents.