Eldeco Fairway Reserve

About Eldeco Fairway Reserve

Eldeco Fairway Reserve is a low-density luxury residential project spread across 8.34 acres in Sector 80, Gurugram. The development comprises 3 towers with approximately 325–376 units of 3 BHK and 4 BHK apartments, keeping density at just 40 apartments per acre — a meaningful differentiator in a city notorious for cramped high-rises. The project's central concept revolves around Aravalli-facing views, a mini urban forest, and curated greens that mimic a golf-course setting. RERA-registered since October 2024 (HARERA No. 107 of 2024), it is currently under construction with a stated possession timeline of July 2027.

Key Highlights

• 8.34 acres, ~325–376 units across 3 towers — density capped at 40 apartments per acre, significantly lower than most Gurgaon projects.
• Unit sizes from 2,200 to 3,600 sq.ft. (super built-up) — generous floor plates even for the 3 BHK.
• RERA registered: RC/REP/HARERA/GGM/880/612/2024/107, registered 23 October 2024; possession target July 2027.
• Aravalli Hill-facing podium design — most towers oriented for green views, not facing construction zones.
• L-shaped private balconies on 4 BHK master bedrooms — a rare design feature in this segment.
• Mini urban forest + central greens with water features — green buffer between towers minimises inter-unit sightlines.
• EOI amount ₹20 lakhs — relatively high expression-of-interest threshold signals premium positioning and filters serious buyers.
• Proximity to NH-48 and Dwarka Expressway — dual-expressway access from a single sector location.

Location Advantages

Sector 80 sits along the Delhi–Jaipur corridor (NH-48) at the junction where Gurgaon transitions toward Manesar. This gives residents dual expressway access: NH-48 is roughly 2–3 km away, and the Dwarka Expressway is accessible within 10–12 minutes via Sector 82–83 connector roads. IMT Manesar, a major industrial-corporate zone, is within 8 km — useful for professionals working with Maruti Suzuki, Honda, Harley-Davidson, and associated vendors.

That said, buyers should be clear-eyed about two realities. First, Sector 80 is still developing — road infrastructure, retail, and social amenities are thinner compared to established sectors like 57 or 65. Second, during peak hours, NH-48 stretches near Kherki Daula toll can back up significantly. A metro station is not currently walkable — the nearest Rapid Metro/HMRL extension plans remain uncertain.

What's Nearby — Schools, Hospitals, Malls

Amenities

Eldeco Fairway Reserve's amenity package is broad for its price bracket. Key facilities by category:

• Fitness & Sports: Fully equipped gymnasium, jogging track with Aravalli views, yoga/meditation pavilion, squash court, badminton court.
• Water & Wellness: Main swimming pool (adult), dedicated kids' pool, spa and salon, Jacuzzi deck, reflexology park.
• Kids & Family: Dedicated children's play area, kids' pool, indoor activity zone, creche provision.
• Social & Entertainment: Mini theatre/screening room, multipurpose clubhouse, banquet/party lawn, co-working lounge, library/reading room.
• Green Spaces: Central greens with iconic water features, tree grove, mini urban forest belt between towers.
• Security & Infrastructure: 3-tier security (CCTV, boom barriers, manned entry), video door phone, 100% power backup, EV charging provision.

Price & Configuration

Note: Areas shown are super built-up (SBU). Carpet area figures are not yet officially published; typical SBU-to-carpet efficiency in this segment is 65–72%. Payment plan available is Construction Linked Plan (CLP). EOI amount is ₹20 lakhs. Final cost will include GST @ 5%, IFMS, power backup charges, and car parking.

Construction Progress

RERA registration was granted on 23 October 2024 (HARERA No. RC/REP/HARERA/GGM/880/612/2024/107), with an official possession timeline of July 2027 — giving approximately 33 months from RERA approval. As of early 2025, the project is in its initial construction phase: excavation and foundation work is underway on all three towers. No OC or CC has been issued, as expected for a new launch. Buyers should track RERA quarterly progress reports on haryanarera.gov.in. No major construction delays have been reported at this stage.

Investment Analysis

• Current pricing vs. locality average: At ~₹15,500/sq.ft. (SBU), Fairway Reserve is priced at a 10–18% premium over comparable under-construction projects in Sectors 79–81 (e.g., Smart World Jewel at ~₹13,000–14,000/sq.ft., Central Park Flower Valley at ~₹13,500/sq.ft.). The premium is driven by lower density and Aravalli views.
• Appreciation potential (2–3 years): Sector 80 land values have risen ~25–30% since 2022, tracking NH-48 corridor development. With possession in mid-2027, analysts broadly expect 15–20% capital appreciation by delivery — contingent on timely construction.
• Rental yield: Post-possession, a 3 BHK in this micro-market typically fetches ₹45,000–₹60,000/month, yielding ~1.6–2.1% gross — modest but in line with Gurgaon luxury norms. Manesar corporate tenants are the primary rental pool.
• Resale demand: Low-density projects with Aravalli views have strong secondary market demand in Gurgaon; however, liquidity can be slower at the ₹3.5 Cr+ ticket size.
• Competing projects (same budget):
  • Smart World Jewel, Sector 89 — 3 BHK from ~₹2.8 Cr, ₹13,500/sq.ft., higher density.
  • Central Park Flower Valley, Sector 33 Sohna — 3 BHK from ~₹3.0 Cr, integrated township, farther from NH-48.
  • Signature Global Titanium SPR, Sector 71 — 3 BHK from ~₹3.2 Cr, SPR Road connectivity advantage.

Pros and Cons

Pros

• Genuinely low density: 40 units/acre is rare in Gurgaon — most premium projects push 80–120 units/acre. This directly translates to less crowding, more parking, and better amenity access.
• RERA registered and legitimate: Registered October 2024 with HARERA; buyers have legal recourse and mandated quarterly updates.
• Eldeco's track record: 50-year-old group with delivered projects across Lucknow, Noida, and Gurgaon — not a fly-by-night developer. Their Gurgaon projects (Eldeco Inspire, Eldeco Saubhagyam) have seen generally on-time delivery.
• Aravalli-facing greens: Few projects in this price band offer unobstructed hill views — a long-term view corridor that cannot be built upon.
• Strong connectivity: NH-48 and Dwarka Expressway within 10–12 minutes gives access to two of Delhi NCR's key arterial roads.

Cons

• Sector 80 is still developing: Daily conveniences — neighbourhood grocery, good standalone restaurants, ATMs — are thin on the ground right now. Residents will be car-dependent for 3–4 more years.
• No walkable metro: The nearest metro is not within walking distance. Commuters to Cyber City or Udyog Vihar will face 30–40 minute drives during peak hours.
• Carpet area not yet disclosed: The developer has not officially published carpet area figures. At 65–72% efficiency, the effective cost per carpet sq.ft. climbs to ~₹21,500–24,000 — a materially different number from the headline SBU price.
• Price premium requires faith in execution: The ₹15,500/sq.ft. pricing assumes Eldeco delivers the low-density, high-green promise on time. Any construction delay or design dilution would erode the investment thesis faster than a denser project at lower cost.

Who Should Buy This

Ideal for: Senior professionals and NRI buyers seeking a low-density second home or primary residence in Gurgaon with a ₹3.5–6 Cr budget who can tolerate a 2027 possession timeline. Also suits investors targeting Manesar corporate rental demand, or families prioritising space and green views over proximity to Cyber City nightlife.

Not ideal for: Buyers who need metro connectivity for daily commuting, those requiring immediate possession, or investors looking for quick sub-₹2 Cr ticket-size entry in this corridor.

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FAQ — Frequently Asked Questions

Q: Is Eldeco Fairway Reserve RERA registered?

A: Yes. RERA registration number is RC/REP/HARERA/GGM/880/612/2024/107, registered with Haryana RERA (HRERA) on 23 October 2024. You can verify on haryanarera.gov.in.

Q: What is the possession date for Eldeco Fairway Reserve?

A: The RERA-stated possession date is July 2027. The project is currently in early construction — buyers should track quarterly progress updates on the HRERA portal.

Q: What is the price range for Eldeco Fairway Reserve?

A: Prices start at approximately ₹3.40 Cr for a 2,200 sq.ft. 3 BHK (super built-up) and go up to ₹5.80 Cr for a 4 BHK at 3,400–3,600 sq.ft. The average rate is around ₹15,500/sq.ft. on SBU basis.

Q: Is Eldeco a reliable builder? Any delays in past projects?

A: Eldeco Group has a 50-year operating history and has delivered projects in Lucknow, Noida, and Gurgaon. Their Gurgaon track record is largely positive. That said, no developer is immune to construction-phase delays — buyers should monitor RERA quarterly reports and not rely solely on developer assurances.

Q: What is the nearest metro station to Eldeco Fairway Reserve?

A: There is no walkable metro station from Sector 80 currently. The closest accessible Yellow Line station is Huda City Centre (~18–20 km) or Dwarka Sector 21 Metro (~22 km). A proposed metro extension toward Manesar has been discussed but has no confirmed operational date.

Q: Is Eldeco Fairway Reserve good for investment?

A: It carries moderate-to-good investment potential. Sector 80 land values have appreciated 25–30% since 2022, and the low-density positioning supports resale premiums. However, the high ticket size (₹3.5 Cr+) means slower liquidity, and returns are directly tied to Eldeco delivering on time and to spec.

Q: How many units and towers does the project have?

A: The project has 3 towers across 8.34 acres with approximately 325–376 total units — keeping density at just 40 apartments per acre, which is one of the lowest in Gurgaon's premium segment.

Q: What configurations are available and what is the carpet area?

A: Available configurations are 3 BHK (2,200 and 2,900 sq.ft. SBU) and 4 BHK (3,400–3,600 sq.ft. SBU). Official carpet area has not been published by the developer as of early 2025. Typical efficiency ratio in this segment is 65–72%, so a 2,200 sq.ft. SBU translates to roughly 1,430–1,580 sq.ft. carpet area.