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Commercial Colony (Managed Serviced Apartment)
IREO Pvt Ltd

Commercial Colony (Managed Serviced Apartment)

by IREO Pvt Ltd

## Project Overview IREO Ascott City in Sector 59, Gurugram is a prestigious managed serviced apartment development created through a collaboration between IREO Pvt Ltd and The Ascott Limited, the wo...
RERA RegisteredReal EstateApproved and certificate ...

About Commercial Colony (Managed Serviced Apartment)

Project Overview

IREO Ascott City in Sector 59, Gurugram is a prestigious managed serviced apartment development created through a collaboration between IREO Pvt Ltd and The Ascott Limited, the world's largest international serviced residence owner-operator based in Singapore. Designed by acclaimed architect Benoy, this project spans 3.93 acres and features 216 managed service apartments in studio, 1 BHK, and 2 BHK configurations, ranging from 1,026 to 1,595 sq. ft.

Location Advantages

Situated on Golf Course Extension Road in Sector 59, the project is part of the 700-acre master-planned IREO City development. The location offers direct access to Indira Gandhi International Airport, major branded schools, reputed hospitals, and premium shopping malls. Adjacent to the upcoming Ireo City Central high-street retail development, residents enjoy urban convenience while living in a thoughtfully planned township environment.

Developer Reputation

This project represents a partnership between two industry giants - IREO, known for large-scale township developments in NCR, and The Ascott Limited, a global hospitality company with over 30 years of experience managing serviced residences worldwide. This collaboration ensures international standards in both construction quality and service delivery, making it a unique offering in the Gurugram market.

Amenities and Features

Residents enjoy comprehensive amenities including a heated year-round swimming pool with kids' section, state-of-the-art fitness center, multi-cuisine restaurant, business center for meetings and conferences, and spa and salon services. The clubhouse features meeting rooms, ballrooms, a bar, and recreational facilities. Apartments come with FCU/VRV air conditioning, 24-hour hot and cold water supply, 100% power backup, and advanced security systems. Premium interiors include acrylic emulsion walls, laminated wooden flooring, and high-end bath fittings.

Investment Potential

As a ready-to-move project registered under RERA (RERA-GRG-1692-2024), IREO Ascott City offers immediate rental income potential given the strong demand for serviced apartments in Gurugram's corporate hub. The managed serviced apartment format provides hassle-free ownership with global-standard housekeeping and maintenance services included, making it attractive for both end-users and investors.

Project Details

Project Name
Commercial Colony (Managed Serviced Apartment)
Developer/Promoter
IREO Pvt Ltd
Location
Sector 59, Gurugram
District
Sohna
City
Gurgaon
State
Haryana
Project Type
Real Estate

RERA Registration

RERA Number
RERA-GRG-1692-2024
Registration Date
29-Jul-2024
Status
Approved and certificate uploaded

Always verify project registration on the official RERA portal before making any investment decisions.

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HRERA Detailed Information

Promoter Information

Company Name
IREO PVT LTD
CIN
U70101DL2004PTC125163
Address
Bay I, Ireo Campus, Archview Drive Ireo City, Golf Course Extension Road, Gurugram, Haryana 122101
Website
https://ireoprojects.co.in/
Email
i***l@ireo.in
Phone
99****22

Key Personnel

Aatish Solanki
MD/CEO
Phone: 76****44
Email: a***i@ireo.in
Narayan Singh
Director 1
Phone: 98****33
Email: n***h@ireo.in
Satyendra Nath Agnihotri
Authorized Representative
Phone: 98****68
Email: s***i@ireo.in

Land Details

Total Area
2.236 Acres
License Number
56 OF 2010
License Date
2010-07-31
Permissible FAR
1.75
Proposed FAR
1.74

Land Utilization

Construction of Apartments
Acres

Unit Details

Total Units
198
Total Apartments
198

Financial Overview

Estimated Cost
₹24,247.57 Lakhs
Land Cost
₹1,561.86 Lakhs
Construction Cost
₹14,012 Lakhs
Infrastructure Cost
₹779.18 Lakhs

Project Timeline

Progress
% Complete

Approvals & Clearances

Forest NOC
2010-12-24
Obtained
Water Supply Sanction
2022-05-27
Obtained
Height Clearance NOC
2011-04-01
Obtained
Storm Water Drainage
2024-01-11
Obtained
Electrical Load Sanction
2017-10-25
Obtained
Building Plan
2016-02-29
Obtained
Service Plan Approval
2017-09-11
Obtained
Construction NOC
2017-09-27
Obtained
Fire NOC
2023-09-16
Obtained
Environment Clearance
2013-12-12
Obtained
Fire Scheme
2017-01-18
Obtained
Demarcation
2010-11-26
Obtained
Zoning
2011-05-10
Obtained

Escrow Account

Bank Name
Standard Chartered Bank
Account Number
****2523
IFSC Code
SCBL0036001

Drawing Review & Quality Assessment

Building Overview

Project Type
Commercial/Residential Mixed-Use (Managed Serviced Apartments)
Building Type
High-Rise Residential Tower
Total Units
198
Total Area (Acres)
3.937
Total Area (Sq.M)
15,932.449

Parking Provisions

340
Basement
42
Open
382
Total

Amenities

Swimming PoolLandscape AreasWater Body/FountainInternal Roads (6M Wide)Service Roads (12M Wide)Boundary WallFire LiftsVentilated Parking Areas100% Power BackupAutomatic Fire System on All FloorsStorm Water DrainageSewage TreatmentParks and Playgrounds

Quality Assessment

7.5/10
Good

Observations

  • All uploaded PDFs (Site Plan, Building Plans, Layout Plan, Service Plans) contain identical content - the same site plan drawing
  • Site plan shows comprehensive layout with Block A (G+16) and Block B configurations
  • Detailed parking schedule shows surface parking areas P1 through P10 with individual areas
  • Area calculations are complete with FAR, ground coverage, and built-up area breakdowns
  • Project is located in Sector-59, Gurugram with 60M wide road frontage
  • Three basement levels for parking with total 340 underground spaces
  • Drawing shows setback lines, boundary walls, and service road layouts

Concerns

  • Request separate building plans showing floor-wise layouts
  • Request typical unit floor plans for the 24 apartment types
  • Request elevation drawings and sectional details
  • Request service drawings (electrical, plumbing, fire fighting) as separate documents
  • Verify that building plans match the site plan footprints shown

Frequently Asked Questions

What is the RERA number for Commercial Colony (Managed Serviced Apartment)?

Commercial Colony (Managed Serviced Apartment) is registered under RERA with number RERA-GRG-1692-2024 under HRERA Gurugram.

What configurations are available at Commercial Colony (Managed Serviced Apartment)?

Please contact the developer for current configuration and unit details.

What is the price range for Commercial Colony (Managed Serviced Apartment)?

Please contact the developer or visit the project website for current pricing information.

When is the expected possession date for Commercial Colony (Managed Serviced Apartment)?

Please contact the developer for the latest possession timeline.

What amenities does Commercial Colony (Managed Serviced Apartment) offer?

Please contact the developer for details about available amenities.

Who is the developer of Commercial Colony (Managed Serviced Apartment)?

Commercial Colony (Managed Serviced Apartment) is developed by IREO Pvt Ltd, with registered office at Bay I, Ireo Campus, Archview Drive Ireo City, Golf Course Extension Road, Gurugram, Haryana 122101.

Where is Commercial Colony (Managed Serviced Apartment) located?

Commercial Colony (Managed Serviced Apartment) is located in Sector 59, Gurugram, Sohna district.

How large is the Commercial Colony (Managed Serviced Apartment) project?

Commercial Colony (Managed Serviced Apartment) spans 2.236 acres.

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