Are you looking for a smart property investment in Gujarat? Shilp North Sky stands out as one of the best residential projects in GIFT City. This premium housing project by Shilp Group offers modern homes with world-class facilities. Let’s explore why this project deserves your attention.
About Shilp North Sky
Shilp North Sky is a large residential development in GIFT City, Gandhinagar. The project spreads across 1.7 acres of prime land. It features three tall towers, each rising 25 floors high. The project promises to deliver 646 quality apartments to homebuyers.
The developer, Shilp Group, has built a strong reputation in Gujarat’s real estate market. They focus on quality construction and timely delivery. This project reflects their commitment to creating homes that match modern lifestyle needs.
Prime Location Advantages
GIFT City – A Growing Business Hub
GIFT City stands for Gujarat International Finance Tec-City. It has become India’s first international financial services center. The area attracts major banks, financial companies, and multinational corporations. This makes it a hotspot for job opportunities.
Living in Gift City Residential Projects means staying close to your workplace. You save time on daily travel. The area has excellent connectivity to Ahmedabad and Gandhinagar. Major roads and highways link the location to key city areas.
Nearby Facilities
The project enjoys proximity to essential services. Schools, hospitals, shopping centers, and entertainment zones are within easy reach. The Ahmedabad airport is just a short drive away. This connectivity adds value to your investment.
Project Specifications
Tower and Unit Details
The development includes three residential towers. Each tower rises to 25 floors, offering stunning city views. The total project houses 646 apartments designed for different family sizes.
Apartment Options
Shilp Group offers variety in home configurations:
2 BHK Apartments: Perfect for small families or young professionals. These units provide comfortable living spaces without excess.
3 BHK Apartments: Ideal for medium-sized families. These homes offer extra room for growing families or home offices.
4 BHK Apartments: Designed for large families who need spacious living areas. These premium units provide luxury and comfort.
Size and Pricing
The apartments range from 1325 square feet to 3900 square feet. This variety ensures every buyer finds a home matching their needs. The price range starts from ₹1.38 crores and goes up to ₹3.9 crores. These prices reflect the premium location and quality construction.
Why Invest in Shilp North Sky?
Established Developer
Shilp Group brings years of experience to this project. They have delivered multiple successful projects across Gujarat. Their track record shows commitment to quality and customer satisfaction.
Legal Compliance
The project has RERA registration number PR/GJ/GANDHINAGAR/GANDHINAGAR/Others/MAA11559/060423. This registration protects buyer interests. It ensures transparency in all transactions. You can verify project details and track progress through RERA portal.
Expected Possession
The developer plans to hand over the apartments by March 2026. This timeline shows the project is progressing well. Buyers can plan their move accordingly. The clear possession date reduces uncertainty in property purchase.
Modern Amenities
The project will include facilities that enhance daily living. Expect a well-equipped gymnasium for fitness enthusiasts. A swimming pool provides relaxation options. Children’s play areas keep young ones entertained.
The complex will have landscaped gardens for morning walks. Security systems ensure resident safety round the clock. Dedicated parking spaces solve vehicle storage needs. Power backup systems keep homes running during outages.
Smart Home Features
Modern homes need modern solutions. The apartments come with contemporary fittings and fixtures. Quality flooring adds elegance to rooms. Large windows bring natural light inside. Proper ventilation ensures fresh air circulation.
Investment Potential
Capital Appreciation
GIFT City property values show consistent growth. The area’s development attracts more businesses yearly. This growth drives housing demand higher. Buying now means entering the market at good rates.
The government supports GIFT City’s expansion plans. Infrastructure improvements continue steadily. These factors contribute to long-term value appreciation. Your investment today can yield significant returns tomorrow.
Rental Income Opportunity
GIFT City houses thousands of professionals. Many seek quality rental accommodations. Your apartment can generate steady rental income. Corporate employees prefer well-maintained complexes with good facilities.
The proximity to business centers makes these homes attractive. Renters value short commutes to work. This demand keeps rental yields competitive.
Comparison with Other Projects
While several Gift City Residential Projects exist, Shilp North Sky offers distinct advantages. The project size provides better amenities compared to smaller developments. The developer’s reputation adds credibility. The configuration variety suits different buyer segments.
The pricing remains competitive for the location. When compared to similar projects, the value proposition looks strong. The expected possession timeline is realistic and achievable.
Financing Options
Most major banks provide home loans for RERA-registered projects. You can finance up to 80% of the property value. Interest rates remain favorable in current markets. Compare different lenders to find the best deal.
Check for special schemes or discounts. Some banks offer lower rates for women borrowers. Developers sometimes tie up with specific banks for better terms. Explore all options before finalizing your loan.
Documentation Process
Buying property requires proper documentation. Ensure you receive the sale agreement. Verify all terms and conditions carefully. Check for hidden charges or unclear clauses.
The builder should provide:
- Allotment letter
- Payment schedule
- RERA registration details
- Completion certificate (upon possession)
Keep copies of all payment receipts. Maintain a file with all project-related documents. This organization helps during loan processing and registration.
Future Development Plans
GIFT City continues to expand rapidly. More companies announce their entry regularly. The government invests in better infrastructure. Metro connectivity plans are underway.
These developments will boost property values further. Early investors benefit most from such growth. The area will see improved social infrastructure. Schools, hospitals, and shopping centers will grow in number.
Things to Consider
Construction Progress
Visit the site to check construction status. See the quality of work firsthand. Talk to the site engineers about timelines. Regular site visits help you stay informed.
Builder Reputation
Research Shilp Group’s previous projects. Read reviews from existing customers. Check online forums for feedback. A good reputation indicates reliable service.
Market Conditions
Study the local real estate market trends. Understand price movements in the area. Consult property experts for insights. Make informed decisions based on data.
Personal Financial Planning
Calculate your budget carefully. Consider all costs including registration and taxes. Plan for maintenance expenses post-possession. Ensure the investment fits your financial goals.
Final Thoughts
Shilp North Sky presents a compelling investment opportunity. The project combines location advantages with quality construction. GIFT City’s growth trajectory supports long-term appreciation. The variety in apartment sizes caters to diverse needs.
The developer’s credibility adds confidence to the purchase. Legal compliance through RERA registration protects your interests. The expected possession date provides planning certainty.
Whether you seek a dream home or an investment property, this project deserves consideration. The amenities promise comfortable living. The location offers convenience and connectivity.
However, conduct thorough research before deciding. Visit the site personally. Compare with other options in your budget. Consult real estate advisors if needed. Make a choice that aligns with your goals.
The real estate market rewards early movers. GIFT City’s transformation creates unique opportunities. Shilp North Sky positions you to benefit from this growth. Consider this project seriously if you’re exploring Gift City Residential Projects.
Your home is more than just a property. It’s where you build memories. It’s your financial security. Choose wisely, and this investment could serve you well for years to come.