Lotus Elise

Lotus Elise by Lotus Realtech Private Limited. This residential development offers mid segment apartments and penthouses in Sector 99 on Dwarka Expressway featuring three towers and a dedicated community clubhouse.

Lotus Elise

Lotus

Lotus Elise, Village Dhankot, Sector 99, Gurgaon, Haryana Gurgaon Haryana 122001
Configurations
2 BHK, 3 BHK, 3 BHK + Servant, 4 BHK + Servant, Penthouse
Status
Ready to Move In
Possession
August 2021
RERA
GGM/377/109/2019/71
Project type
Residential
Inventory
Apartments
Super area
1450 sq ft–3650 sq ft
Project area
3.11 acres
Price per sq ft
₹10,000 – ₹11,000/sq ft
Current price
₹1.45 Cr – ₹4.01 Cr
Current price vector
₹1.45 Cr – ₹4.01 Cr · ₹10,000 – ₹11,000/sq ft
Launch
2011
Units
158
Micro-market
Dwarka Expressway
Amenities
Amphitheater, Badminton Court, Gym, Jogging Track, Kids Play Area, Power Backup, Rainwater Harvesting, Security, Spa, Swimming Pool, Yoga & Meditation Lawn

Overview

Target market
Mid Segment
Project area
3.11 acres
Towers
3
Total units
158
Density
50.8 units / acre
RERA possession
August 2021
Expert comments
Lotus Elise represents a low density living enclave distinguished by a high seventy five percent green cover across three acres. The developer maintains a delivery record of exactly two finished projects. Salaria Builders managed the construction using earthquake resistant frames to ensure structural integrity and safety. Purchase this property for its expansive layouts and significant open space over developer prominence.
Floors
14
Apartments per floor
4
Carpet efficiency
73%

Unit Specs

2 BHK
super 1450 sq ft; carpet 1105 sq ft; Covered x 1; ₹1.45 Cr – ₹1.59 Cr; ₹10,000 – ₹11,000/sq ft
3 BHK
super 1875 sq ft; carpet 1350 sq ft; Covered x 1; ₹1.88 Cr – ₹2.06 Cr; ₹10,000 – ₹11,000/sq ft
3 BHK + Servant
super 2075 sq ft; carpet 1475 sq ft; Covered x 1; ₹2.08 Cr – ₹2.28 Cr; ₹10,000 – ₹11,000/sq ft
3 BHK + Servant
super 2450 sq ft; carpet 1750 sq ft; Covered x 1; ₹2.45 Cr – ₹2.69 Cr; ₹10,000 – ₹11,000/sq ft
3 BHK + Servant
super 2550 sq ft; carpet 1820 sq ft; Covered x 1; ₹2.55 Cr – ₹2.81 Cr; ₹10,000 – ₹11,000/sq ft
4 BHK + Servant
super 2800 sq ft; carpet 2050 sq ft; Covered x 2; ₹2.80 Cr – ₹3.08 Cr; ₹10,000 – ₹11,000/sq ft
4 BHK + Servant
super 3099 sq ft; carpet 2250 sq ft; Covered x 2; ₹3.10 Cr – ₹3.41 Cr; ₹10,000 – ₹11,000/sq ft
Penthouse
super 3650 sq ft; carpet 2650 sq ft; Covered x 2; ₹3.65 Cr – ₹4.01 Cr; ₹10,000 – ₹11,000/sq ft

Structure

Tower 1
14 floors, 4 per floor, 2 lifts, Completed
Tower 2
14 floors, 4 per floor, 2 lifts, Completed
Tower 3
14 floors, 4 per floor, 2 lifts, Completed

Amenities

Amphitheater
Standard
Badminton Court
Standard
Gym
Standard
Jogging Track
Standard
Kids Play Area
Standard
Power Backup
Standard
Rainwater Harvesting
Standard
Security
Standard
Spa
Premium
Swimming Pool
Standard
Yoga & Meditation Lawn
Premium
Lotus Elise Clubhouse
managed by Developer

Location & Map

Dwarka Expressway
Connectivity, 0.24 km
Euro International School
Education, 1.8 km
Delhi Public School (Sector 102)
Education, 5 km
Signature Advanced Super Speciality Hospital
Healthcare, 5.2 km
Gurgaon Railway Station
Connectivity, 5.4 km
Medanta (The Medicity)
Healthcare, 12.5 km
Cyber Hub / Cyber City
Central Business District, 12.7 km
Fortis Hospital
Healthcare, 14 km
Huda City Centre Metro
Connectivity, 14 km
Indira Gandhi International Airport (IGI)
Connectivity, 27 km

Contractor & Consultants

Contractors
Salaria Builders
Consultants
Vardan EnviroNet Pvt. Ltd. (Environmental Consultant): Environmental clearance and impact assessment services.

Compliance

RERA registration
GGM/377/109/2019/71
RERA authority
HARERA
RERA badge
ACTIVE
RERA registered
25 Nov 2019
RERA status
Approved
RERA valid until
30 Sep 2021
DTCP authority
Haryana Government
DTCP badge
APPROVED
DTCP registered
1 Jan 2023
DTCP status
Approved
HUDA status
Approved

Insight

Investment Potential
10
Location
15
Product Quality
13

Developer Score

Brand perception
3/5
Construction quality
3/5
Delivery record
3/5
Financial strength
3/5
Litigation
4/5

Developer

Established
2011
Headquarters
Pitampura, Delhi
About
Lotus Realtech is a real estate developer based in Delhi-NCR, specializing in affordable housing, luxury apartments, and townships. The group is known for executing projects with a focus on innovative design and timely delivery.
Developer analysis
Lotus Realtech is a specialized player in the Gurgaon affordable housing market, best known for their flagship project, Lotus Homz in Sector 111. For investors, the primary draw is the low entry cost and the strategic location of their projects near the Dwarka Expressway, which ensures steady capital appreciation and high rental demand. However, the investment outlook is tempered by the fact that these are high-density developments with limited luxury amenities, making them more suitable for long-term rental yields rather than high-margin luxury flips. Buyers should note that while the developer has a track record of completing projects, the post-possession experience is often defined by basic maintenance standards and standard affordable-grade finishes. The risk factor is relatively low…

FAQs

Where is Lotus Elise located?

Lotus Elise is located in Sector 99, Dwarka Expressway Gurgaon.

When was Lotus Elise launched and what is the possession date?

Lotus Elise was launched in 2011. Possession is August 2021.

Is Lotus Elise RERA registered?

Yes. Lotus Elise is registered under RERA number GGM/377/109/2019/71. Registered on 2019-11-25. Valid until 2021-09-30.

What is the total project area of Lotus Elise?

Lotus Elise is spread across 3.11 acres.

What is the unit density (units per acre) at Lotus Elise?

Lotus Elise has a unit density of 50.8 units per acre, based on 158 total units across 3.11 acres.

How many towers and floors are there in Lotus Elise?

Lotus Elise comprises 3 towers, ranging from 14 floors.

What configurations and unit sizes are available at Lotus Elise?

Lotus Elise offers 2 BHK, 3 BHK, 3 BHK + Servant, 4 BHK + Servant, Penthouse configurations, ranging from 1,450 to 3,650 sqft super area.

What is the area composition for each unit type in Lotus Elise?

• 2 BHK (1,450 sqft super area): 1,105 sqft carpet, 0 sqft balcony, 345 sqft walls and common area
• 3 BHK (1,875 sqft super area): 1,350 sqft carpet, 0 sqft balcony, 525 sqft walls and common area
• 3 BHK + Servant (2,075 sqft super area): 1,475 sqft carpet, 0 sqft balcony, 600 sqft walls and common area
• 3 BHK + Servant (2,450 sqft super area): 1,750 sqft carpet, 0 sqft balcony, 700 sqft walls and common area
• 3 BHK + Servant (2,550 sqft super area): 1,820 sqft carpet, 0 sqft balcony, 730 sqft walls and common area
• 4 BHK + Servant (2,800 sqft super area): 2,050 sqft carpet, 0 sqft balcony, 750 sqft walls and common area
• 4 BHK + Servant (3,099 sqft super area): 2,250 sqft carpet, 0 sqft balcony, 849 sqft walls and common area
• Penthouse (3,650 sqft super area): 2,650 sqft carpet, 0 sqft balcony, 1,000 sqft walls and common area

What is the carpet efficiency and built up efficiency of Lotus Elise?

Lotus Elise has a carpet efficiency of 73% and a built up efficiency of —.

What is the lift ratio in Lotus Elise?

Lotus Elise provides 2 lifts per tower, giving a lift ratio of 1:26 for 4 units per floor.

Who is the principal contractor for Lotus Elise?

The principal contractor for Lotus Elise is Salaria Builders.

Are home loan facilities available?

Yes, home loan is available from all leading banks.