Basics
- Date added: Added 5 months ago
- Category: Commercial
- Status: Under Construction
Description
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Description:
AIPL Joy District is a high-street retail + entertainment + commercial destination by AIPL (Advance India Projects Ltd.), located in Sector 88, Gurgaon, along the Dwarka Expressway corridor. The project is conceived as a mixed retail & leisure hub combining shopping, F&B, multiplex, and experiential zones. Spread across ~10.43 acres, Joy District offers ~1,190 units in various formats and configurations.
Key Features & Highlights
Feature Details Plot / Site Layout Two-sided open corner, maximizing frontage and visibility. Development Type G + 3 (i.e. three floors above ground) with transit-oriented design. Retail / Floors Mix Ground & First Floors: High-end retail & double-height shops. Second Floor: Retail + rooftop restaurants/al fresco dining.
Third Floor: Multiplex, entertainment, food courts, rooftop F&B zones.
Entertainment & F&B Multiplex (6 screens or more), large F&B zones & al fresco dining Atrium / Water Features The project is said to include a grand entrance lobby, fountains, landscaped open areas, and water bodies to enhance the ambience. Connectivity & Access Positioned on a 150 m wide multi-utility corridor (Dwarka Expressway), well connected to ISBT, proposed metro, SPR, NH-8, and Golf Course Extension Road via flyovers Location & Connectivity
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Very strategic along Dwarka Expressway / multi-utility corridor, giving strong visibility from a major transit axis.
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Close proximity to the future metro station and ISBT (interstate bus terminal).
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Good linkages to SPR (Southern Peripheral Road), NH-8, Golf Course Extension Road via cloverleaf/flyover interchanges.
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Surrounded by existing & upcoming residential projects, which ensures an inbuilt catchment for footfall.
Investment & Pricing
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Units / Inventory: ≈1,190 units in different formats (retail, F&B, entertainment).
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Size Range: Shops / retail units range (approx) from 370 – 1,000 sq ft (especially double height, premium units) .
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Indicative Pricing: Ground Floor: ~₹45,000 / sq ft & above
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First Floor: ~₹23,500 / sq ft onwards
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Second Floor: ~₹17,000 / sq ft onwards
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Third Floor / Multiplex / Entertainment: ~₹19,000 / sq ft onwards
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Some listings show starting shop price ~₹99 lakh onwards
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Possession / Timeline: Under construction; possession expected in ~2+ years (e.g. June 2028 is cited)
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RERA / Approval: Registered under RERA as GGM/780/512/2024/07
Why It Makes Sense / Selling Propositions
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High Visibility & Frontage: The two-sided open corner site and large frontage allow maximum brand visibility from multiple angles.
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Mixed Experience Model: Retail + dining + multiplex + entertainment — designed to attract footfall across day & evening, making it a destination rather than just a shopping strip.
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Strong Catchment Base: Surrounded by many residential developments nearby; leverages captive demand.
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Strategic Connectivity: Good access to major roads, highways, proposed metro & bus infrastructure ensures ease of access.
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Ambience & Design Focus: Inclusion of fountains, landscaped open areas, grand lobbies / atriums add experiential appeal and premium positioning.
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Future Growth Leverage: As the Dwarka Expressway and adjacent infrastructure evolve, land / commercial values are expected to appreciate.
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