True Habitat Plots Resale, Sector 112 Gurgaon

Three different rates are published for True Habitat plots in Sector 112 Gurgaon, and they are nearly two times apart: Rs 1.20 lakh, Rs 1.60 lakh and Rs 2.30 lakh per square yard. A buyer cannot use any of them without knowing which is real.

The resale listings settle it, and they settle it at about Rs 1.6 lakh per square yard. Nine plots are on the market between Rs 1.90 crore and Rs 3.12 crore, on plot sizes of 120 to 179 square yards. Divide the ends:

The resale market is transacting in a band of roughly Rs 1.58 lakh to Rs 1.74 lakh per square yard. That brackets the Rs 1.60 lakh quote almost exactly, and it disposes of the other two. Rs 1.20 lakh is about 25 per cent below anything anyone is asking, and is most likely a launch-era or allotment rate carried forward. Rs 2.30 lakh is about 40 per cent above the market and does not correspond to a single listing on the board.

What would settle it beyond argument is a registered sale deed on a plot here from the last six months, with the area and the consideration on it. Stamp duty was paid on that number, which is what makes it different from every asking price above.

The band this page used to carry described a plot that does not exist

The figure previously published was Rs 1.1 crore to Rs 2.7 crore. At the rate the resale market is actually working to, Rs 1.1 crore buys about 69 square yards — and the smallest plot in this scheme is 120 square yards. The bottom of the old band was not a cheap plot, it was no plot. The top, Rs 2.7 crore, works out to roughly 169 square yards and is within the range, but a band whose floor is impossible is not a band worth keeping.

What the scheme is, and why DDJAY matters to you

True Habitat Luxe Residency 112 is a plotted development of about 7.68 acres in Sector 112, on the Old Delhi-Gurgaon Road side of the Dwarka Expressway corridor, registered under HARERA 49 of 2023. Plots run from 120 to 179 square yards, and it is licensed under the Deen Dayal Jan Awas Yojana.

That last point is not a formality and it is worth understanding before you buy, because DDJAY is a policy with conditions attached rather than a marketing label:

• Plot sizes are capped by the policy, which is why nothing here is larger than about 180 square yards. If you want 300 square yards, this scheme structurally cannot sell it to you.
• The permitted build is generous for the plot size — DDJAY plots are typically developed as stilt plus four floors, which is what makes a 120 square yard plot worth nearly two crore in the first place. Confirm the sanctioned building plan and the floors permitted on your specific plot in writing.
• The licence carries development obligations on the coloniser. Ask what external development charges and infrastructure development charges have been paid and what remains outstanding, because unpaid dues attach to the plot rather than to the seller.
• Floor-wise sale is common on these plots, which means your neighbours on the same plot may be four separate owners. Establish whether you are buying the whole plot or a floor on it — the words used in listings are often the same.

Where it sits

Sector 112 is on the Dwarka Expressway corridor at the Delhi end, with Old Delhi-Gurgaon Road alongside. The substantive point about this location is that it is one of the closest Gurugram sectors to Delhi, and since the Dwarka Expressway opened through to Dwarka the drive has changed rather than merely been promised to change. That is the reason a 120 square yard plot here clears at nearly two crore when the same area of land further down the corridor does not.

The counterweight is that the Dwarka Expressway sectors were sold on a story for more than a decade before the road existed, and the local infrastructure — internal sector roads, sewerage, the school and hospital catchment — has arrived unevenly behind it. Drive to the plot on a weekday at 9am rather than on a Sunday, and drive the last kilometre, not the expressway.

What you pay beyond the price

• Stamp duty and registration. Haryana charges 7 per cent for a male buyer inside municipal limits, 5 per cent for a female buyer and 6 per cent joint, plus a slab registration fee that reaches its Rs 50,000 cap from Rs 90 lakh, on the higher of the consideration and the collector rate. On Rs 1.90 crore that is up to about Rs 13.8 lakh, and buying in a woman's name saves roughly Rs 3.8 lakh.
• GST. Nil on the transfer of land.
• TDS. 1 per cent under Section 194-IA on a consideration above Rs 50 lakh.
• Construction. A plot is not a home. Building out stilt plus four floors to a lettable standard is a substantial second budget, and it is the cost most often left out of the comparison with a ready apartment.

Frequently asked questions

What is the resale rate per square yard for True Habitat plots in Sector 112?

About Rs 1.58 lakh to Rs 1.74 lakh per square yard, worked out from the nine plots currently listed between Rs 1.90 crore and Rs 3.12 crore on sizes of 120 to 179 square yards. That brackets the Rs 1.60 lakh figure some sources quote, and it rules out the Rs 1.20 lakh and Rs 2.30 lakh rates also published — one about 25 per cent below the market and the other about 40 per cent above it.

Why do published rates for this project differ so much?

Because they are measuring different things at different times. Rs 1.20 lakh per square yard is most likely a launch-era or allotment rate that listing pages have carried forward. Rs 2.30 lakh corresponds to no listing currently on the board. The resale asking prices are the only figures tied to specific plots of stated size, which is why they are the ones to work from — and a registered sale deed from the last six months would settle it beyond argument.

How big are the plots, and why is nothing larger available?

From 120 to 179 square yards, on a development of about 7.68 acres. Nothing larger exists because the scheme is licensed under the Deen Dayal Jan Awas Yojana, which caps plot sizes as a matter of policy. If you want 300 square yards, this scheme structurally cannot sell it to you and you are looking at the wrong product.

What does DDJAY mean for a buyer here?

Four things. Plot sizes are capped by policy. The permitted build is generous for the size — typically stilt plus four floors, which is what supports the price — so confirm the sanctioned plan for your plot in writing. The licence carries development obligations, so ask which external and infrastructure development charges are paid and which are outstanding, because unpaid dues attach to the plot rather than the seller. And floor-wise sale is common, so establish whether you are buying the whole plot or one floor on it.

Is Sector 112 a good location on the Dwarka Expressway?

It is among the closest Gurugram sectors to Delhi, with Old Delhi-Gurgaon Road alongside and the expressway now open through to Dwarka, and that connectivity is real rather than promised — which is why a 120 square yard plot here clears near two crore. What has arrived unevenly is the local infrastructure: internal roads, sewerage and the school and hospital catchment. Drive to the plot on a weekday morning and drive the last kilometre, not the expressway.

What should I check before buying a resale plot here?

The registered sale deed and the mutation entry in the seller's name. The HARERA registration, 49 of 2023, and the sanctioned layout with your plot demarcated on it. The sanctioned building plan and the floors permitted. External and infrastructure development charges paid and outstanding. Whether the sale is of the whole plot or a single floor. And a fresh encumbrance certificate.

Our view

This is one of the cleaner plotted propositions on the Dwarka Expressway, and the price on it can actually be established — which is rarer than it should be. Nine listings on a 7.68-acre scheme is enough to triangulate a rate, and the rate they give is about Rs 1.6 lakh per square yard. Work from that, ignore both the Rs 1.20 lakh and the Rs 2.30 lakh figures until somebody shows you a deed, and spend the saved effort on the DDJAY questions: how many floors are sanctioned, what charges are outstanding, and are you buying a plot or a floor.

In short: about Rs 1.6 lakh per square yard on the resale evidence, plots of 120 to 179 square yards, and a published rate spread of nearly two to one that the listings themselves resolve.

For plotted land further out where the price cannot be established as cleanly, see Supertech Hill Town in Sohna. For the apartment alternative on the other side of Gurugram, Pareena Micasa in Sector 68, and for a low-rise floor format, Adani Samsara Avasa in Sector 63.