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Category Archives: Raheja Developers

Dwarka Expressway – A Road to Luxurious Living

Dwarka Expressway is progressing well when it comes to the real estate market. It is one of the widest expressway projects that connects NH8 to Dwarka. It was designed to ease the traffic rush on the Delhi-Gurgaon Expressway. It is in close proximity to Delhi and IGI Airport. All the best builders of the country have either have their projects in this area or their projects are under construction. There are particular sectors for residential and commercial projects.

Raheja Developers

With the scope of price appreciation, in the coming years the value of these properties will increase significantly. Dwarka Expressway is an excellent location for people who wish to invest. Some of the top names in education and health have taken up sites for schools and hospitals in this area. Development is taking place at an impressive speed. It is the most affordable offering the best investment opportunity at this time.

flats in Gurgaon

If we look for the properties that have come up near expressway, Raheja Developers has 2 projects in sector 108 and 109, Raheja Vedanta and Raheja Atharva respectively. These are 3-4 BHK ready to move luxurious apartments. These flats in Gurgaon are surrounded by aroma of nature with all the amenities in the affordable budget. With well-planned roads and easy connectivity, Raheja Developers has created an address to experience the modern lifestyle with thoughtful features.

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Gurgaon : Progressive Millennium City

With the rapid development witnessed by Gurgaon in the recent past, it has earned itself the name of the Millennium City. Gurgaon promises a dream destination and fulfills the desire of a good lifestyle. The real estate market in Gurgaon delivering quality projects has been catching the eye of a lot many people who dream of settling down in this city which provides world class amenities.

Today the city has emerged as the home for a number of multinational companies, hub for corporate, residential townships and industrial activities. The residential projects in Gurgaon have diversified starting from the affordable housing projects in Gurgaon, mid segment and the premium housing projects. People see value in investing their hard earned money in Gurgaon.


Among all the builders, Raheja Developers have been working all these years to provide a home of one’s desire with all the amenities. These flats have been designed with a customer centric approach and can bring a smile on the faces of all the people who are staying in their homes in the proximity to the city.

raheja developers

Customer feedback: Raheja Vedaanta

Capt.SK Bhattacharya, Apartment No. D-052, Raheja Vedas.

“I am extremely happy with the project. The club house compares to a 5-Star hotel and has an excellent Ambience.”

Customer feedback: Raheja Atharva

Mr.&Mrs. Chaudhary B-1004 Raheja Atharva

“Me & My Husband are very happy, they treated us well while handing over the keys. We are thrilled above the maintenance and the quality of construction along with the fixtures.”

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Gurgaon: A Place with Accessible Homes

Since last few years, if we talk about growth in terms of realty in Haryana, Gurgaon is the only town which has been showing amazing progress in the sector. Development is the key which has rapidly changed the whole scenario of the city. One of the key sectors which are rapidly sowing seeds in the city, is the real estate; and as a further boon and respite for buyers, Gurgaon is now seeing various affordable housing projects in Gurgaon.

affordable housing projects

Getting a home as per desire, is not easy at all but Raheja Developers are the ones who endeavour to understand the pulse of the patrons ; In sync, they had launched 1 & 2 BHK flats in Gurgaon with all amenities, enough to bring a satisfactory smile on the face of the buyers. This only demonstrates the incline and approach of the developer as a customer-centric brand.


Northern state of India like Delhi NCR, which includes Haryana, is the major attraction for developers in terms of real estate, as it is having a boom for its present acquired land and courtesy a sustaining demand. Every major sector, like IT, Finance & Banking, aviation, automobile, and business houses, wants to have a corporate office for itself in Gurgaon; and if the industries are getting to the places like Gurgaon, the area for residence will also be required as people needs to live in proximity to the city. A city like Gurgaon is the best example for the citizens looking for ready-to-move in flats with best of amenities and support services around because in today’s world, every person wants to have all the luxury in their budget minus any compromise.

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How to Bring Down your Home Loan Interest?

Planning to buy your dream home, the one thing that kills you is not the principal amount but the interest on that.

If that is what you are going through we have some very useful tips and tricks to bring that down and make your dream home a reality.


The best way to bring down your interest cost is through ‘Prepayments’.

Prepayment is the amount paid during the initial period of the home loan tenure. It directly reduces from the principal component of your loan thereby reducing the home loan interest as well.

But, what should you take care of while making a prepayment? When you plan to make a prepayment, you should always check in the market if there is no other instrument available which can give you a higher return. If there is something that can get you a better return, it is always advisable to go for it.


It is inevitable for you to discuss with your bank before taking a decision on this as they can assess the market and give you the best update.

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Slum Rehabilitation in India a True Story

Many a times, life gives you so much that you start taking your life as a mission and purpose. It was when DDA advertised for a bid for slum rehabilitation in Delhi Times of India dated 30/08/2008, it caught my attention. This was an invitation for bids for rehabilitation of 21 slum clusters in Delhi. My inner self brought me to visit Kathputli colony the first one to be rehabilitated.

I along with our Raheja team went to assess the ground reality of the project. There was filth and open defecation all around and my team was not able to withstand the stench. One senior lady even vomited. On the other hand the slum dwellers we interacted with, gave us respect like messiahs to change their life. As we drove back, my team was totally resistive that the company should not take up this project more so it did not make any economic sense too.

“We are working in Real Estate on several projects and for several years, they can all get us money and also can all be executed easily but if we succeed in getting this first slum rehabilitation project under PPP (Private Public Partnership) it will be the first project dedicated to the real mission of changing the face of our Country. It is within 5 kms of the parliament – the representative face of India. More so the success of this project will be quoted as a model to make India SLUM FREE.”

“I am sure that this project can get us several real recognition and awards too, which no amount of money in real estate business can get us.”

I ultimately prevailed upon my team by making them agree so that ‘if even we don’t do it who else can really do it as a mission’.

Most of the advisers and analysts I met subsequently advised me against it as it never could be done by any government in the past 50 years nor did it make any reasonable economic prudence.

I do not know which guiding force has been behind me giving me strength and belief that I continued to move forward step by step to fulfill the “purpose of my life”. Let me do my bit to the service of our Nation, Mankind and Almighty.

Almost seven years down the line and having made an investment and carrying costs of over Rs. 200 Crores already my company is bleeding profusely, While I struggle to steer it out of the most turbulent times in the history of Real Estate in India.

When I read about AAP online press release on June 30, 2016 calling it a scam of Rs 1000 crores, I was really pained and aggrieved. I invite AAP to please know the facts before trying to make such statements.

This project was conceived way back during Rajiv Gandhi’s time (who promised and committed slum dwellers, Houses and flats) and after over a decade of working by DDA the project invited open bids in August 30, 2008. Eight renowned developers of India ( as mentioned below) submitted their bids:

1. ERA Infra Engineer Limited
2. Housing Development Infrastructure Limited
3. Unitech Limited
4. B L Kashyap & Sons Limited
5. BG Shirke Construction Technology P. Ltd.
6. Raheja Developers Limited
7. JMC Projects (India) Limited
8. Akruti City Ltd.

Under the bid the developers was required to construct a transit camp for 2800 families with creation of all the infrastructure like Housing units, roads, Toilets, Water Supply, Electricity, sewerage etc. at its own cost (Developers Cost). DDA will vacate and shift the slum dwellers to this Transit Camp and then the developer will have to construct another 2800 EWS flats on 60% of the slum at its own cost (Developers Cost) and hand over to DDA for free so that these families of slum dwellers are brought back here at the original place. So in short you have to invest for 5600 (2800+2800) housing facility at your own cost.

In return DDA will give you 40% of the presently encroached slum land and developer was required to bid for the tender in a open bidding process either way i.e. how much money the developer will pay or demand for undertaking the project over and above expenses to be incurred by him.

It is pertinent to mention here that almost everywhere else in the country including Mumbai, the developers get 50% of the area with additional higher FAR as compensatory element to facilitate more initiatives for slum re-development.

A rough economics at the time of filling the tender (2008 Rates) is given here under

(A) Expense to be incurred by the Developer (2008 Rates):





(a) Towards Construction of Transit Camp (2800 units with approx 500 Toilets including infrastructure, electricity, roads, sewerage etc.


(b) Towards cost of construction of 2800 EWS 2 room flats with kitchen, toilet, balcony and entire infrastructure like lifts, car parking, roads, electricity and water establishment, sewerage treatments, Basti Vikas Kendra and religious sites 110.69
(c) Cost of various other items including 6.11 crores plus, administrative costs and all recurring and maintenance cost 56.54
SUB TOTAL 1 (a+b+c) 193.19

(B) Income inflow from remunerative components





(a) Residential Component  
a1 Estimated revenue from sales of Residential 136.23
a2 Less: Cost of Construction and other Expenses   46.33
a3 Net Income from Residential Component   89.90
(b) From sale of commercial components  
b1 Estimated revenue from sales of Commercial 173.53
b2 Less: Cost of Construction and other Expenses   64.48
b3 Net Income from Commercial Component 109.05
SUB TOTAL 2 (a3+b3) 198.95
Profit / (Loss) Rs. Crore

1. Actual expense till date (Audited) including carrying and maintenance cost 31.03.2016

Description Amount


(a) Towards construction & maintenance of Transit camp 2800 units approx 500 toilets, water supply establishment, STP, RO Drinking water plant, electricity and distribution establishment  (2.8 MVA) and the interest cost, all overhead costs  and various approval cost etc.  


(b) Towards salaries and administrative costs   9.83
(c) Amount Paid to DDA and Bank Guarantee in favor of DDA 17.13
Subtotal (a+b+c) 106.54
(d) Estimated cost for constructing EWS 2800 units at 2016 CPWD government rates. Towards cost of infrastructure, additional construction and facilities 138.50
(e) Admin and all other overheads and finance cost for 2 years, etc. 112.50
TOTAL COST (a+b+c+d+e) 357.54

2. Estimated Income from the Remunerative Components:

Description Amount

(Rs. Crore)

(a) Residential Component  
a1 Estimated revenue at todays prevailing market rates from sale of residential components (209,591 Sq. Ft. @ Rs. 12,000/- psft)


(Current market rates of other’s properties in the vicinity- DLF’s Capital Green on 68 acres land parcel is between Rs. 10,000 to Rs. 12,000 per sq.ft.)

a2 Less: Less: Cost of Construction and other Expenses   71.42
a3 Net Income from Residential Component (a1-a2) 180.09
(b) Commercial Component  
b1 Estimated revenue at todays prevailing market rates from sale of commercial components (182,662 Sq. Ft. @ Rs. 15,000/-psft)


(Current market rates of other’s properties in the vicinity- Anant Raj’s is between Rs.13,000 to Rs. 15,000 per sq.ft.)

b2  Less: Cost of Construction and other Expenses   85.61
b3 Net Income from Commercial Component (b1-b2) 188.39
TOTAL (a3+b3) 368.48

Approximate Gross Profit / (Loss) (Rs. Crore)                                                                                  10.94


DDA initially failed on delivering the land for constructing the transit camps many times. After several failures in allotment of land finally in we were given land at Anand Parbat to construct transit camp. Till now we have spent huge amount on building the ultra modern prefabricated structures for making the Camp and providing all the facilities like RO filtered water for drinking, wide roads, electricity, adequate number of toilets and bathing facilities, community facilities, street lighting, greenry, STP, schools, training and performance areas, daily needs provisions, medical checkups etc. By May 2013, construction of Transit camp was completed. Apart from this we are also paying for cleaning their toilets, paying for electricity& security also.

In February 2014 DDA asked the residents of this slum to shift in Transit camp and in April 2014 High court also ordered the representatives of the slum to shift as soon as possible. But the shifting of the same could not finish due to vested interest of few and the project came to a standstill. There are about 2800 families that live in this slum. By the time only 600 odd families had shifted. DDA stopped the process due to elections. Unfortunately DDA failed to restart the process ever since to shift the residents of this slum to Transit camps and that too when the construction of Transit camp had been completed in 2013 itself. Residents of this slum are living there under the most unhygienic conditions and doing open defecation around railway track. They all now want to shift but nobody is coming forward to help them and direct authorities to start the process again.

From the last 7 years, the project for rehabilitation of Kathputli colony is only on papers.

According to the contract with DDA, houses for 2800 families are to be built free on 60 % of the total land which would further cost appx 300 crores apart from over Rs 200 crores already spent. We have only 40% of land share in our kitty. This occupied 1.827 hectares (1827 sq. mtrs aprox) of encroached land and cannot be valued at Rs 500 crores by any figment of economic prejudice or even imagination. Please know that the amount of Rs.6.11 crore is NOT towards the land cost which AAP is publicizing. It is towards the earnest money of the tender.

Instead of helping in shifting these poor, helpless slum residents; these political parties can just make it a political matter in media and blame those who want to work for the nation and such causes. If they are really concerned about the residents of this slum then why don’t they simply complete this mission of Housing for all together.

If any political party / NGO / Media house / entrepreneur wants to make milage out of spreading mis information and negativity to serve their vested interests please COME FORWARD NOW. Compensate investments made by Raheja already. Despite this mission of the slum redevelopment dwellers, who are working hard since last 7 years to make this mission successful.

Please come forward to take it up even from here today but for God’s sake don’t serve your personnel interest on the mission to change life of millions of poor underprivileged and deprived strata of India.

At last but not least we will like to appreciate the new policy introduced by Hon’able CM Arvind Kejriwalji for settlement of slum developers of Delhi. It is also appreciated that in this new policy there is more clarity on price & eligibility criteria .

The Kathputli project’s terms & conditions are same as mentioned in new DUSIB poliy.

We can all make it happen, if we think positive and rise above petty selfish political gains.

I request everyone let us work together to fulfill the mission of making Delhi and our country slum free.

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Development with a Motive of Rehabilitation to the Needy!

When we talk about Delhi-NCR Region, the panoramic image of excellent infrastructure appears before us. Delhi has been transformed into a city which has the best scope for development. Investors and buyers are heading towards Delhi for their real estate investment and this is because of the fact that investors in Delhi have gained maximum profit out of their investments. The return on investment is the main factor which influences buyers. It is the buyer’s and investor’s decision where they want to invest their money. But, the main consideration before any buyer is the widening of scope of development in the city which will automatically increase the valuation of his property. Various Projects on Dwarka expressway are gaining popularity because of the finest real estate developments and that’s why buyers are investing their money in these projects.

Most of the time it happens, that, while developing, we become ignorant because of aggressive development and for the sake of growth, we forget about our environment and surroundings. The term Sustainable Development defines the development which creates sustainability for all the sections of society and environment. On one side of Delhi, we have the posh areas like Connaught place and New Friends Colony and on the other side there are slums or rural areas.

Kathputli Colony slums area

There is a slum adjoining to Rajender Nagar and Karol Bagh, named as Kathputli Colony. The name Kathtputli colony is derived from the occupation of the people residing in that area.The diversity inside the society is very vast and the artists are contended by their life and earning. The 40 years old slum which dwells the families of puppeteers, magicians, folk singers, painters, dancers, acrobats, jugglers and storytellers which makes a total population of 2800 families that live in this slum.

Sincere efforts have been made by DDA and Private Developer like Raheja Developers to fulfill the needs of the slum dwellers. The inhabitants of the slum generally belong to Rajasthan, Maharashtra, UP, Bihar and Gujarat. The main source of income of these slum dwellers is through performing folk dances, traditional singing and small handicrafts which also works as support to the adjoining colonies.

Another side of the colony is totally different. The overflowing drains and garbage heaps contradicts the artistic life of the slum dwellers. The basic amenities like toilets were not available and open defecation by the people lead to the deterioration of the place. There was hardly any support from the government’s side and the destiny of these people was restricted to the choked streets and filthy air.

There was a need to preserve the traditional art which could be done only through rehabilitation of these slum dwellers.Soon, the charge of rehabilitation and development was taken by Raheja Developers. Talking about the concept of sustainable development, The CMD of Raheja Developer, Navin Raheja is a wildlife enthusiast and he is known for his initiatives done for environment. Recently, he won the Green Man Award and that’s why Raheja Developers is considered as the best real estate developers in Delhi NCR.

In 2009, Delhi Government gave contract to Raheja Developers. Mr. Navin Raheja took this charge personally and Raheja Developers rehabilitated the dwellers of Kathputli colony to another locationwhich was already developed by Raheja Developers and in these transit camps, approximately 500 families have been shifted and they are leading contented life. Now, the transit camp of Kathputli colony is well equipped with various amenities like ultra-modern pre-fabricated structures, RO filtered drinking water, wide roads, electricity, adequate number of toilet and bathing facilities and even performance and display areas.

Kathputli project DDA

Development is necessary and it is the essential part of our life, but developing by ignoring the things around us, is not acceptable. People should take an initiative regarding the life of people who are underprivileged just like Raheja Developers did to the people of Kathputli Colony which turned out to be the first rehabilitation projects in Delhi NCR.

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How to Determine a Reputed Real Estate Developer in Gurgaon

When you decide to buy your own house, you check your preferences; there are lots of sources from where you can take opinions. There is a whole world of third party agents, builders, brokers and your own reliable sources who are available to guide you thoroughly.  But, this is only the first step to go forward in the real estate sector. The moment you know about a developer and its developments, the first and foremost thing that comes in your mind is to check if the developer is reliable enough to invest a huge amount of money.

Real estate sector in Gurgaon has always been a goodwill driven sector. Investors invest in the sector because of the goodwill of the developer. It is always suggested to invest in the reputed real estate developer who works for the betterment because they believe in long run in the industry and as a matter of fact, they cannot do any compromise with the quality and deliverance of their projects.

residential property in gurgaon

Let’s discuss some of the decision making factors which lead to buying a house in a particular project.

Invest in the Leading Real Estate Developer

The first and foremost name which appears as the leading real estate developers in Gurgaon is Raheja Developers. In the past few years, real estate developers have emerged out to be triumphant in the property sector by satisfying and convincing buyers to buy more properties. There are certain factors through which leading developers have gained trust and some of the factors are as follows.

The Invincible Trust

There are certain examples of best real estate developments in Gurgaon which have raised the bar of expectations among the buyers. As a matter of fact, the real estate sector of Gurgaon is considered as the prime sector in comparison to Delhi and Noida because of the construction quality and deliverance.

Easy Finance Facility

There are several centralized banks that are providing finance facility to the various developers. You can determine the goodwill of the developer with the affiliation from the centralized banks. Generally, centralized banks incur services to those developers who have a good stand in the sector and who are working in the best way possible. By investing in the reputed projects, you can get the benefit of easy home loans from the centralized banks.

Guaranteed High ROI

Everyone waits for the day, when they will shift into their newly constructed home. Receiving the keys and moving into your new home is one of the best feelings in the world which is irreplaceable. But, the return on investment is the factor which determines the valuation of the home for future. The benefit of investing in the reputed property is that you will get the best return on investment even after years of your purchase.

residential projects in gurgaon


Project details, sanctioned plans, approvals, area charts and other details should be available for customers on website of the projects so that buyers and investors can read project information and details carefully before they make their decision, The reason why buyers and investors invest in residential property in Gurgaon because of the trust factor which can only be gained after various successful projects by developers.


Goodwill is the prime factor which influences a buyer to buy property. As all of us know that real estate sector is dependent on word of mouth publicity. Hoarding and advertisements acts as a catalyst in sales but the main reason, why people buy property from a particular developer is the Goodwill and word of mouth publicity. Most of the time it happens that buyers and investors review the property from the existing clients of the developer and when they get the proper feedback of the developer from them, they invest their money in the projects of the developer.

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Raheja Developers: Working For the Betterment of Buyers and Investors

As we all know that, Delhi has become crowded because of the aggressive real estate developments and there is hardly any scope for further development in Capital. There are certain projects which are available in Delhi, but they are not easily affordable. When it comes to the Housing Schemes of DDA, we are aware that it is totally dependent upon the luck factor and we cannot rely on the luck factor to buy our dream home. The best thing to do in this situation is to look for residential property in nearby areas of Delhi.

How will that help? First, neighbouring areas are being developed even better than the national capital,especially in terms of Real Estate because they are rapidly developing and they have a scope of future expansion.


Second, these areas are really close to Delhi so the time taken to commute would be less. So, the people who have to travel to Delhi on daily basis, they have multi-lane boulevard highways which are in close proximity towards Delhi from Gurgaon.

Third, these areas are full of greenery as compared to Delhi thus giving you nature’s touch along with the standard of living.

There are many Real Estate projects which have come up in neighbouring areas of Delhi, but there is one which has been the cynosure of Real Estate projects. It is the Vedaanta Project developed by Raheja Developers. This project is located close to one of the widest expressway of India i.e. Dwarka Expressway which is well connected towards Delhi from Gurgaon.

This is one of the best projects by Raheja Developers which describes luxury and affordable units. From the past so many years, Raheja developers is setting a benchmark of developing projects for every section of buyers. Be it studio apartments, luxury apartments or any kind of commercial or residential projects, Raheja Developers has delivered happiness through their projects. The CMD of Raheja Developers, Mr Navin Raheja works on the strict principle of quality assurance and timely deliverance which makes Raheja Developers a pioneer in the real estate sector.


Vedaanta Project is the first project that Raheja Developers have delivered near Dwarka expressway. This project is located mid-way between Delhi and Gurgaon thus making it convenient to people who work in both cities. The Vedaanta Project is also well connected to IGI airport which makes it more convenient to travel across different part of the country. The Vedaanta Project has been completed and investors have started taking possession of the property. If you are looking for a ready to move in flat near Dwarka expressway then you need to check out the residential units at Vedaanta which is an epitome of luxury with affordability.

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Raheja Developers : Developing Trust since Inception

Since its inception in 1990 Raheja Developers have been building trust by delivering to their customers what they have promised. They have been awarded with the prestigious award of the “Best Developer of India” for consecutive three years in 2011, 2012 and 2013 by Euro money Real Estate polls in UK. Apart from that, the company boasts of executable & sanctioned projects of over 60 million sq.ft. Spanning over 900 acres of lands at various stages of deliberations.

When a buyer gets misled or has any issues,he is bound to ask questions to the developers, while most of the developers avoid these questions, Raheja Developers have made it their duty to address them all not only that they even showcase where the project is headed and make sure that no stone is left unturned in order to deliver excellent results to their customers.

Few days ago,they arranged for a meeting with their customers and government officials to resolve infrastructural issues, which is commendable, done only by a handful of them. How often do you see a Real Estate Developer going out and speaking with their customers to resolve their issues? Raheja makes it imperative to comply strictly with its operative procedures in resolving clients’ issues.

Trust can never be built in a day, it takes years of hard work to build and requires more effort to sustain that trust. Raheja Developers have always aimed at delivering on promises and satisfying its customers to their fullest.

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Know Your Developer and Project before Relying On Rumours

In the past few years, Haryana is turning out to be the rapidly growing state of Northern India and it has seen a drastic development in terms of real estate sector. Being bordered by the capital of India, Delhi, the city of Haryana, Gurgaon has become a prominent base for various automobile industries, agricultural industries, textile industries and many more. Because of its location, the property sector of Gurgaon is growing very rapidly. Affordable housing scheme Gurgaon is creating good opportunity for the investors and regarding this scheme, many buyers are showing their interest because they are being developed for the betterment of real estate sector.

Most of the developments in Gurgaon are happening because of the simple fact that it is growing at the very fast pace and developers are developing various projects in Gurgaon according to the contemporary needs. With the rapid growth structure and amazing returns on investment, Gurgaon is showing a perfect response to its buyers and investors are heading towards Gurgaon for investing their money in the real estate sector. Ready to move apartments in Gurgaon are available from different developers but, Raheja Developers is providing the perfect apartments which are ready to move in and they are developed according to the international standards.

Our Happy Customer Mr. RK Khanna, Apartment No. G-101, Raheja Vedaanta

Most of the time it happens that investors feel dissatisfied with the development speed of the developer and this is because of the involvement of the third party sources who presents the twisted facts to the investors and because of this, investors create a kind of judgement in determining the developmental aspect of the developers.In the past few months there were lots of people who were not flat owners in the Vedaanta project of Raheja Developers and they were spreading negative comments about the project for their personal gains which were hurting the sentiments of the owners. Most of the people who complaint, they never visited the site and even they were not aware about the full facts.

Our Happy Customer Mr. RL Raina, Apartment no. IF5-02, Raheja Vedaanta

Real estate analysts analysed the situation and they concluded that it happened because some people wanted to degrade the value of property of Raheja developers and this is a common practice of most of the people who want to degrade the property value and later they buy the property at the less prices.

It is suggested that investors and buyers should remove any kind of interference between developer and them and they can communicate directly with the developer and developers are readily available for the grievances of the investors.

Our Happy Customer Mr.Joginder Pal Saggar, Apartment No. I-011, Raheja Vedaanta

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