coke_indian

Hi,

I have visited their office some times, observed their body language, nothing specific found.

Few months before, We booked Gardenia at a rate under Corporate which as per my bestest knowledge, was the Cheapest deal for Gardenia at that time.

After wards, we sensed some negative vibes about this, we investigated and found this negativity had a lot of weight. we cancelled our bookings. (I agree, we should have done the R&D earlier)

What happened in next one week ? Rates of Gardenia under Corporate came down.(Apprx 100 rupees).

Now in last week, Gardenia has again lowered down the rates.(I informed about these rates on this forum as well.)

As far as I know, market is not very much positive for Gardenia. This is due to higher rates of flats, bigger land with average reputation of builder which questions the ability of builder to complete the project on time(14000 flats !), big stadiums, 5 star hotels, schools, hospitals within the premises and new+more reputed builder's project+cheaper projects launched in Greater Noida(Noida ext).

Now it is heard that Gardenia is further giving the land to other contractors to develop. All this puts a question mark on clarity of project.

Though location of gardenia Golf City is a plus point.