
Abhishek Bhardwaj
@Gurugrammer_ • 7,007 subscribers
Buying or selling in Gurugram? Connect with me. Real estate across all segments & budgets. End-to-end advisory + seller mandates. Reach me here ↓
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An owner reached out to me on X to sell his 180 sq yard, 2 BHK builder floor in a plotted society at ₹1.4 Cr, and the dashcam caught why that price is never going to trade before I even reached his gate. Whenever a seller contacts me through X or any other social media, I go to see the property myself, because that is what they expect when they write to me. I don't send anyone from the team, so I drove down myself, and the dashcam was running. It's in the video below. Every house on that lane is ground plus two, so three floors and three families, and every floor has a car, some floors have two. In the early morning or late evening, when every car is back home, there is hardly a car that can move between them, and that too with caution. The residents have come to an arrangement where each one parks in front of their own plot, and they park slanted at an angle, because if they park straight, that side of the road won't have enough width left for even one car to pass. So the owner's car has its place. A guest's car has none. If a neighbour has people coming over, they park somewhere else, maybe even outside the society, and walk in. The floor itself was old, and it felt like a growing family that has outgrown its space. The whole street was like that, house after house full, with the lane outside still the same width it always was. Now the ₹1.4 Cr. Almost every deal for these floors is pitched the same way. Say plot rates here are around ₹3 lakh a yard, so the 180 yard plot is worth about ₹5.4 Cr, and you are inheriting one-third of that land, which is around ₹1.8 Cr. So the pitch is that you are buying ₹1.8 Cr of land for ₹1.4 Cr. That math only works in colonies where these plots are actually going into rebuilding, where old houses are coming down and stilt plus four is going up. Your one-third share only turns into money when the building comes down, and that needs all three owners to agree to sell or rebuild. You will rarely see all three agree, because all three families have to move out for it to happen. Until they do, you own one-third of a plot you can't sell on your own, and you are stuck in it for who knows how long. So these floors are purely a location play, and that location comes with a whole set of problems, parking first. I politely told the owner I won't be able to sell it. The exit is one of the biggest factors in how I advise, and if I can't see someone making an easy exit from a property, I don't advise on it, whether I'm sitting with the buyer or the seller. Would you pay ₹1.4 Cr for one-third of a plot that two other families have to agree to before it is ever worth ₹1.8 Cr?
Abhishek Bhardwaj244,254 görüntüleme • 20 gün önce

How to destroy a booming market. A short post ft. the Haryana excise department. The video is of Sector 29 on a Sunday evening. Shutters down. Shops sitting with no tenants. Half of them had not even bothered to open. This is the same market that once ran a parking mafia. Tickets of 50, 100, sometimes more, just to park. Cars crawling all night. You could not get in. I stood there this Sunday and there was nothing. 10 percent of the old crowd, maybe less. A few years ago this place did not feel like India. At night the whole market was shining. Music, lights, people everywhere, that feeling of standing somewhere abroad for a few hours. Today it is quiet and in shambles. Everyone will tell you the towing killed it. GMDA lifted thousands of cars, Sector 29 topped the list, people got scared and stopped coming. That scared some of them off. The market was already bleeding from somewhere else. That somewhere else opened right next door, with a friendly name. BYOB. Bring your own booze. Sounds like freedom. Except you cannot bring your own booze. A friend lands from abroad, hands you a bottle of scotch from duty free, and they stop you at the door. You get in only if you buy the liquor from their shop. The one attached to the place. So the name is a lie. It is a liquor shop wearing a restaurant costume. Now look at what the licensed bars were carrying. Haryana raises the bar license fee almost every year. A proper brewery or bar in Sector 29 pays that every single year before it pours one glass. The BYOB next door pays none of it. No license. No excise weight. And it still charges food prices as high as the bar it is busy killing. Here is the part that should end the argument. Around 2 years ago some of these BYOB spots quietly built a mezzanine floor over the ground seating to double the covers. No fire safety. No clearance worth the name. The places breaking every rule got bigger. The places following every rule shut down. The mezzanines were pulled later, but by then the crowd had already moved. And the young crowd never cared about any of this. The BYOBs stay open till 4 in the morning. Live music, belly dance, theme nights, pool parties. Sector 29 with its licenses and its rules and its closing time could not fight a format that had no rules to begin with. Then look at the real estate. Around 3 years ago an SCO here was touching 50 CR. Today those same units are hard to sell. The rent is so high that nobody can run a business that covers it, so the shutter just stays down. The demand is still there. It just walked next door, to the cheaper version with no license and no rules. That is how you destroy a booming market. You charge the ones who follow the law every single year, you leave the ones who break it completely free, and then you act surprised when the lawful ones are the first to die.
Abhishek Bhardwaj243,653 görüntüleme • 3 ay önce

In central Gurugram, only one society commands a price that can match the reputation of Golf Course Road, and that is Central Park Resorts in Sector 48. 99acres puts it at around ₹30,000 a sq ft, and I went there to see a 7,000 sq ft triplex penthouse that's on mandate with us. The first thing you notice is that there's no vehicular movement on the ground level at all. Every car comes in from the gate and goes straight into a tunnel, down to the basement parking, so the whole ground is only for people to walk around, and it's quiet in a way that most Gurugram societies just can't be. Right in the middle sits a central green of around 20 acres, and everything else is built around it. It's green, it's clean, it's well organised, and everything is kind of in sync. The vibe here is fantastic. Sector 48 is on the Sohna Road side, so on paper you'd expect Sohna Road pricing, but the asking prices here sit at around ₹30,000 a sq ft, which is the kind of number you usually only hear when someone is talking about Golf Course Road. What pays for that number is the 20 acres and the empty ground level. Every time I'm inside, my mind starts running the same calculation, which is what would I have to do to get a house in here myself. I've been born and brought up in Gurugram, and if you ask me which society in this city I'd actually want to live in, it's this one only. The penthouse is a triplex of 7,000 sq ft, with its own mandir, a private swimming pool, a terrace and 3 car parkings. I'll let the video do the rest of the talking. At around ₹30,000 a sq ft in this society, what do you think a 7,000 sq ft triplex like this one goes for?
Abhishek Bhardwaj34,415 görüntüleme • 1 ay önce

If you know why this private bus was allowed to pass by the Haryana Roadways, then you are already amongst the people who know why we won't be able to eliminate corruption from our country, not for the next 50 years atleast. And that's why none of the protests are of any use .
Abhishek Bhardwaj29,095 görüntüleme • 3 ay önce

There is a 50-metre stretch of road in Sector 68, Gurugram, that separates around 400 to 500 families at M3M Marina from the new master road GMDA is building between Sectors 68 and 69. Fifty metres. That is all. And it has been blocked. M3M Marina's original main gate was designed to open onto this stretch. The road that would lead straight to the Sector 68-69 dividing road and from there to the Sohna Highway near Badshapur. That gate has never opened. Not once. For four to five years, every resident of Marina has been using a single secondary gate that exits onto the Aklimpur-Teekli village road. A broken, patchy road through a village. Not a backup route. The only route. Now, after years of court disputes and a stay that was finally lifted in early 2026, HSVP cleared the encroachments on the Sector 68-69 road. Ninety percent of the land is free. GMDA tenders are nearly done. The road that thousands of residents had been waiting for is finally being built. For Marina, this should have meant one thing. The main gate could finally open. Instead, Supertech sent people to the connecting stretch. They physically dug up the road. Residents, including school buses carrying children, were turned away. Everyone pushed back toward the same secondary gate. The same broken village road. The same 700 to 800 metres of extra distance every single day. For 400 to 500 families, the solution was 50 metres away. It was dug up in front of them. I visited Marina yesterday with a client. The frustration on the ground is not dramatic. It is tired. These are families that have been asking for this access for years. They were told the road would come. Now a master road is actually being built right next to them. And they still cannot reach it. Supertech owns that land. Legally, it is within its rights. Nobody is questioning the title here. But sit with the picture for a second. This is the same Supertech that is under NCLT insolvency proceedings. The same builder whose allottees have been protesting outside HRERA, demanding refunds for flats that were supposed to be delivered in 2017. A company that cannot return a single rupee to its own buyers. Cannot finish its own construction. Cannot respond to its own regulatory orders. That company still had the resources and the intent to station people at a road and physically dig it up. A builder that cannot refund its own buyers always has the budget to block someone else's road. They all do. That is one constant across Gurugram real estate that never changes. This is not a one-off story either. On Golf Course Extension Road, there are societies where residents pay a private landowner hefty monthly rent just to use his vacant plot as a road to reach their own homes. Because the planned connectivity was never built. The pattern repeats everywhere. Builders launch, buyers pay, and the last 50 metres of access becomes someone else's problem. Sometimes it becomes the resident's monthly bill. The Sector 68-69 master road is being built. The hope was real. For 500 families, it still is. They are just waiting for someone to care about 50 metres.
Abhishek Bhardwaj21,651 görüntüleme • 3 ay önce
Daha fazla içerik yok.