Sector 104, Gurugram

Hero Homes Gurgaon vs Puri Emerald Bay

We do not pick one. Below is what each states about itself, what we could check against a public record, and, named rather than left blank, what neither of us can answer.

Hero Homes Gurgaon

Hero Homes

₹1.59 Cr

The full report on this one →

Puri Emerald Bay

Puri Constructions

₹2.17 Cr

The full report on this one →

Why these two are on one page. A comparison only exists here where a buyer could genuinely be choosing between the two: both in Sector 104; both quoted on super area, so the rates compare directly; both sell a 3 BHK; their asking ranges overlap — ₹1.59 Cr–₹2.45 Cr and ₹2.17 Cr–₹3.79 Cr. All four are facts the projects state about themselves — we did not score their similarity.

What each one costs

The money, side by side

Every figure below is published by the project or computed the same way its own page computes it. Nothing is averaged, and a disagreement between sources renders as a range.

	Hero Homes Gurgaon	Puri Emerald Bay
Asking rate	₹14,483 per super sq ft ≈ ₹22,282 per carpet one listing	₹14,911 per super sq ft ≈ ₹22,940 per carpet one listing
Both quoted on the same area basis — that is one of the reasons these two are on a page together.
All-in, per carpet sq ft	₹29,601a modelled rate card	₹30,345a modelled rate card
The quoted rate plus development charges, GST, stamp duty and registration, divided back over carpet area. Same calculation as each project’s own page — statutory rates are published, development charges are marked where we had to model them.
Ticket, as published	₹1.59 Cr – ₹2.45 Cr	₹2.17 Cr – ₹3.79 Cr
These overlap. That is the test that put the two on one page: a budget that reaches one reaches the other.
A 3 BHK here	₹2.45 Cr 1,689 sq ft super ≈ 1,098 sq ft carpet	₹3.79 Cr 2,450 sq ft super ≈ 1,592 sq ft carpet 1 listed
The configuration both projects list most of, priced as each publishes it. Nothing is converted or estimated by us.
Against comparable homes	₹2,527 below the median of 41 comparable homes our cohort	₹2,093 below the median of 104 comparable homes our cohort
Not against each other — against every home we hold on the same area basis, price tier and lifecycle.

What the public record holds

Registration and delivery

	Hero Homes Gurgaon	Puri Emerald Bay
Registration	RERA-GRG-1417-2023hrera register	RERA-GRG-259-2019hrera register
A registration we cannot confidently attach is a limit of our matching and says nothing about the project. We say which it is.
Registered until	30/09/2027registration up-to	28/02/2020 past its end date, and HRERA does not flag it lapsed — the register disagrees with itself contradiction on record
Stage and possession	Underconstruction possession stated as 2026-08 as listed	Ready To Move possession stated as 2018-12 as listed
What the developer told the regulator	not on record	70% of 499 units booked filed 2019-11-30 form rep-i
Form REP-I is the developer’s own declaration to Haryana RERA. Where only one of the two has filed, that asymmetry is the finding. It is no mark against the other.

The building and the developer

What stands behind each one

	Hero Homes Gurgaon	Puri Emerald Bay
Developer	Hero Homes 4 projects we track, 3 town-planning licences tcp rolls	Puri Constructions 5 projects we track our corpus
Size	1,039 homes across 7 towers as listed	not on record
Amenities	5 countedas listed	24 counted 19 of them premium as listed
A count of what is listed. It says nothing about what any of it is worth.
Nearest metro	7.8 kmstraight-line	13.7 kmnamed station
Resale outlook	Slower to resell how contested selling it again would be our index	Hard to resell how contested selling it again would be our index
Our own index, filed nowhere: built from liquidity, pipeline, price position and location, and validated against resale listings.

The short version

Where they genuinely differ

Each line names the figure it came from. None of them is advice.

✓
They ask within 3.0% of each other per square foot — ₹14,483 and ₹14,911. Whatever separates these two, it is not the rate
both projects’ published rates
✓
Once charges and duty are added the gap becomes ₹744 a carpet square foot, against ₹428 on the quoted rate
published statutory rates, applied to both
⚠
Puri Emerald Bay is ready to move into; Hero Homes Gurgaon is not. That is a difference in what you are buying — a home, or a contract to be given one
listed construction status
✓
Puri Emerald Bay has filed how much of it was sold — 70% of 499 units when it last filed, in 2019-11. The other has not filed a figure we could read
Form REP-I
✓
Hero Homes Gurgaon is 5.9 km closer to a metro station (7.8 km against 13.7 km)
mapped station locations
⚠
Puri Emerald Bay lists 24 amenities against 5 at Hero Homes Gurgaon. It is a count of what is advertised, and nobody audits it
developer listings
⚠
Our resale index reads Hero Homes Gurgaon as slower to resell and Puri Emerald Bay as hard to resell. It is our own index rather than a filed figure, and it describes how contested selling again would be, and says nothing about what the home will be worth
our resale index

Not compared

Where the record is incomplete

These fields are missing for one or both projects, so no comparison is drawn. Named here rather than left blank, where an absence would read as a finding.

On Hero Homes Gurgaon

What residents of this locality complain about

not on record

On Puri Emerald Bay

What residents of this locality complain about

not on record

A town-planning licence record we could match to this developer

not on record

The part you were expecting

We are not going to pick one

There is no winner on this page, and there will not be one. Two homes differ on price, on stage, on who built them and on how hard each would be to sell again, and which of those matters is a question about you rather than about the buildings. A site that ranks two homes is selling one of them. The most useful thing we can do is put the record of both in front of you and be clear about where it runs out.

Deciding between more than two? The Property File keeps your own shortlist, your own notes from each visit, and the all-in cost of each — and it does not pick a winner either.

Hero Homes Gurgaon vs Puri Emerald Bay

The money, side by side

Registration and delivery

What stands behind each one

Where they genuinely differ

Where the record is incomplete

We are not going to pick one

Both reports, and the sector behind them

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