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Old 20-05-10   #29
ravikishan is offline ravikishan
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well was surpised to read a post from one of the members that rate reduced from 4750 to 4510 .dont know of this .can anayone confirm this.well i also attended their presentation they did mention this about toll naka shifting.maybe pankaj was not informed.the big positive for this project would definately be the toll naka shifting (though i doubt it why would the govt do that and loose revenue).anyway lets hope they finally get moving .after all though we may be happy at appreciation in value we have to remember that our investments 20 pct made are also at a cost.and when the project finally gets completed maybe in 2012 the way they are going.our cost of acquisition would also be up.please remember 50-60 pct of the bookings are investors and when the project gets finished lot of them would be wanting to liquidate thereby putting pressure on the rates.not being negative but realistic.
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