Paras Arcade 114
Description
Paras Arcade 114 represents a strategic commercial evolution in the heart of the Gurgaon-Delhi border, designed for businesses and investors looking for freehold ownership and high-visibility retail. Developed by Paras Buildtech, this Shop-cum-Office (SCO) project is situated in Sector 114, near Dwarka Expressway, Gurgaon, a locality specifically designated as a grand commercial hub. Unlike typical malls where ownership is leased or shared, this project offers the unique advantage of owning the plot and the building, providing long-term asset security. At PropertyVeda, we analyze this not just as a retail space, but as a high-appreciation land asset located right next to the capital, making it suitable for seasoned investors and business owners seeking complete control over their workspace and rentals.
The planning of Paras Arcade 114 revolves around the Shop-cum-Office concept, which allows owners to build Basement + Ground + 4 floors. The layout ensures maximum frontage for every plot, providing excellent visibility for brands. The internal corridors and pedestrian pathways are designed to handle high footfall comfortably, ensuring that the commercial environment remains breathable and organized. For investors, the flexibility to design interiors according to specific tenant needs—whether a cafe, a boutique, or a corporate office—adds immense value compared to rigid mall structures.
From a functional lifestyle and amenities perspective, the project integrates modern infrastructure with critical safety features. It moves beyond the chaos of unorganized markets by offering ample surface parking, well-maintained hardscapes, and designated utility areas. The project ensures 24/7 power backup and security surveillance, creating a safe environment for late-night dining or corporate operations. It combines the open-air charm of a high street with the disciplined maintenance of a grade-A commercial complex. This balance is crucial for attracting premium tenants who require reliable infrastructure to run their operations smoothly.
The location advantage acts as the primary driver for this project’s potential. Situated just off the Dwarka Expressway and bordering New Delhi, it captures the catchment area of both Dwarka’s residential sectors and New Gurgaon’s luxury belts. Connectivity is seamless via the expressway, ensuring a quick commute from key zones like the IGI Airport and the diplomatic enclave. To provide a balanced perspective, the area is becoming a dense commercial cluster with nearby developments like M3M SCO 114 and Whiteland The Elite targeting a similar segment. However, properties in Sector 114 benefit from being the very first sector entering Gurgaon from Delhi, giving them a distinct competitive edge in terms of accessibility.
Frequently Asked Questions (FAQs)
Q1. What are the reviews of Paras Arcade 114?
Reviews for Paras Arcade 114 are generally positive, primarily driven by its strategic positioning as an SCO (Shop-cum-Office) development on the Delhi-Gurgaon border. Investors appreciate the freehold ownership model, which is a significant upgrade from lease-only mall spaces. Market analysts at PropertyVeda view it as a high-potential asset due to the “0 km from Delhi” factor. However, as with any commercial project, occupancy will depend on the pace of infrastructure completion in Sector 114.
Q2. What is the contact number of Paras Arcade 114?
For specific inventory queries, resale options, or to schedule a site visit to understand the plot demarcations, it is best to speak with a verified consultant. You can reach out to our team directly for the latest availability and price sheets. For checking recent details, availability, site visit, push for you can call us at 9560493384.
Q3. What is the pincode of Paras Arcade 114?
The project is located in Sector 114, Gurgaon, which falls under the pincode 122017. This sector is situated right at the junction of the Delhi-Haryana border, adjacent to Dwarka, making it geographically distinct from the deeper sectors of New Gurgaon.
Q4. What are the maintenance charges of Paras Arcade 114?
One of the biggest advantages of SCO plots like Paras Arcade 114 is the relatively low maintenance cost compared to air-conditioned malls. While exact figures are determined by the association upon possession, charges are typically levied on the plot area rather than super area. This ensures that investors save significantly on monthly outgoings, boosting net rental yields.
Q5. Which is the nearest metro station to Paras Arcade 114?
The project enjoys excellent metro connectivity from the Delhi side. The Dwarka Sector 21 Metro Station (Blue Line and Airport Express Line) is approximately 5 to 7 minutes away by drive. Additionally, the India International Convention Centre (IICC) metro station is also in close proximity, further enhancing public transport access for employees and footfall for retail businesses.
Q6. What is the launch date of Paras Arcade 114?
Paras Buildtech launched this SCO project around mid-2022. Since then, the development has progressed steadily, coinciding with the operational milestones of the Dwarka Expressway. Understanding the launch timeline helps in assessing the appreciation the project has already garnered versus its future potential.
Q7. How much is the land area for Paras Arcade 114?
The project spans approximately 3.25 acres of prime commercial land. This density is optimal for an SCO market, ensuring enough critical mass to attract shoppers while maintaining exclusivity. The plot sizes generally range from roughly 104 sq. yards to 143 sq. yards, offering meaningful floor plates for retail and office setups.
Q8. What is the location of Paras Arcade 114?
The project is located in Sector 114, Gurgaon, directly off the Dwarka Expressway. Its USP is being situated at “0 km from Delhi,” meaning it is the first commercial sector one encounters when entering Gurgaon from Dwarka. This location captures the dense catchment of Dwarka residents and the upcoming luxury population of the expressway sectors.
Q9. What is the starting price of Paras Arcade 114?
Prices in SCO markets vary significantly based on plot location (road facing vs. internal) and current market premiums. As this is a niche commercial investment, rates are quoted per square yard.
Q10. What is the construction status of Paras Arcade 114?
The project is in an advanced stage of development. The internal infrastructure, roads, and plot demarcations are largely executed, and the project is nearing possession readiness. Since SCOs rely on buyers constructing their own floors (Basement + Ground + 4), the developer’s role is to complete the horizontal infrastructure, which is nearly done.