Founded in 1986, Vatika Group is a diversified conglomerate based in Gurugram, operating across real estate, hospitality, education, and facility management, with a development footprint spanning Delhi NCR, Jaipur, and Mumbai. Sector 99 on Dwarka Expressway is not a speculative land-bank play for the group — it is an address where Vatika has made a sustained, multi-phase commitment that now includes Vatika Sovereign Park Phase 2, the active offering in the market today.
The group has delivered 36 million sq ft of residences and holds a portfolio of LEED-certified projects, a track record that shapes how buyers read Vatika's presence in any specific sector. Across its portfolio, 17 landmark projects have received LEED certification, of which 11 earned LEED Platinum and the rest received LEED Gold.
Vatika Sovereign Park is a joint venture between Vatika Limited and GIC, the sovereign wealth fund of Singapore. That institutional co-investor structure is unusual at the project level and signals the scale of conviction behind the development. The project spans over 10 acres of land in Sector 99.
The architectural design of the project was commissioned from Arcop, the Canadian firm. Landscape design is credited to M. Paul Friedberg of New York, with 80% of the site designated as open area with extensive landscaped greens. These are not typical project-marketing claims — Arcop has designed airports, universities, and urban master plans internationally, and Paul Friedberg's firm has shaped public spaces in multiple US cities.
Sovereign Park is configured as a low-density development, with only two apartments per floor — a deliberate product decision that Vatika has held across both Phase 1 and Phase 2. Phase 1 has received its Occupancy Certificate. Phase 2 is now launched, offering another opportunity to own a home in Sovereign Park at Sector 99.
Sovereign Park is positioned as the only project on NH 248BB (Dwarka Expressway) in Gurgaon offering a 360-degree view, with 40 acres of water bodies on one side and 100 acres of open views on the other. The water bodies on the opposite side are developed and maintained by the Haryana Government to maintain ecological balance — permanent open space that cannot be built upon, securing the long sight lines permanently.
The project includes a gym, swimming pool, yoga space, games area, restaurant, banquet lawn, convenience store, and water features. A half-Olympic-sized swimming pool and a separate children's pool are provided, alongside a tennis court, basketball court, and skating rink. The exclusive club includes a terrace garden for yoga with uninterrupted views of the 40-acre water bodies.
Dwarka Expressway is a 29.1 km, 16-lane access-controlled highway linking Dwarka in Delhi to NH-48 at Gurugram's Kherki Daula, built at a cost of around ₹8,662 crore. In March 2024, the Prime Minister inaugurated a major stretch of the expressway, marking a milestone as the Gurgaon section became operational. For Vatika Sovereign Park buyers, this is the front-door road.
From Sector 99, residents have direct access to NH-48, Dwarka Expressway, Pataudi Road, and Hero Honda Chowk, with a 25–30 minute drive to Indira Gandhi International Airport and seamless connectivity to Delhi. American Express and the upcoming Cyber City 2 are approximately 10 minutes away by car, while Delhi Public School and Vatika's own award-winning MatriKiran High School are within a short drive.
Flat rates in Dwarka Expressway, Gurgaon have changed by 75% in the last three years, 152.3% in the last five years, and 180% in the last ten years. Within Sector 99 specifically, the average weighted price for apartments stands at approximately ₹11,350 per sq ft, with a 7.1% movement in the last year. Vatika Sovereign Park recorded 9.5% year-on-year price appreciation, among the top-performing societies in Sector 99. In Q3 2025, average resale prices at Sovereign Park moved from ₹12,850 per sq ft to ₹12,900 per sq ft, reflecting steady secondary market demand even as Phase 2 primary inventory becomes available.
Healthcare options in proximity include the Signature Advanced Super Specialty Hospital and ESIC Hospital, while Ocus Medley and The Esplanade Mall are among the retail destinations nearby. An 80-acre HUDA park and recreational greens are proposed in the vicinity, which, if delivered, would further extend the open-space character that defines Sovereign Park's setting. Sectors around 99 to 113 have been repositioned as logistics and warehousing centers as the Dwarka Expressway matures, driving commercial employment along the corridor and supporting rental demand in the residential segment.
Sovereign Park does not sit in isolation within Vatika's Gurgaon map. Vatika's Sovereign Floors — independent luxury floors in Sectors 88A, 88B, 82A, and 83 — offer 3, 4, and 5 BHK stilt-plus-4 configurations with private terraces, exclusive lobbies, and elevators, positioned within INXT and INXT2, developments that include a 1 lakh sq ft exclusive club and green infrastructure. Vatika Towers, Vatika City Point, Vatika Triangle, First India Place, and One On One commercial assets are reported as 100% leased, with Vatika Atrium at 99% leased — a commercial occupancy profile that speaks to the brand's draw with corporate tenants and reinforces the employment ecosystem that supports residential demand in sectors like 99.
Vatika INXT 2 plots across Sectors 88A and 88B are now RERA approved, and Market Walk at Sector 82A is ready for fit-outs, indicating that the group's investment in Gurgaon's New Sectors belt continues to deepen across multiple product categories.
Phase 2 enters the market at a point when Phase 1 has received its Occupancy Certificate, which means a buyer can inspect a completed, inhabited building before committing. The project is cited for its 80% space efficiency despite the open green spaces and luxury amenities within the society — a metric that translates directly into usable floor area relative to the super-built-up figure. Combined with the sub-400-unit total count across both phases and the two-apartments-per-floor density, Sovereign Park sits at the quieter, more exclusive end of Dwarka Expressway's high-rise supply. For a buyer whose reference points are the group's own delivered projects and the institutional provenance of GIC's co-investment, Phase 2 represents a continuation of a known, visible, occupiable product rather than a promise to be evaluated at possession.