Agree, KMP FNG.
Manesar is a better location than 37D right now.
Price is less in 37 D though - Edge tower specifications are premium and available for 2800 psf whereas for 2800 psf in Manesar you are getting poorer quality.
For a long term hold of over 15 years, you can go for 37D since price is less and so returns will be more when this area develops as much as the rest of Gurgaon.
Hero Honda chowk problems will definitely get solved sooner or later since it is too acute a problem right now to be ignored.
Expressway might get built in Haryana part without problems - most of the land is acquired and leveled and some kind of road commecting Basai Road to NH8 will definitely come, even if connection to Dwarka land up in problems.
Again, OK for 15 years buy and hold strategy only - no quick returns in 37D is possible.
NOIDA price has come down to 2800 psf levels now in 137 (blossom) and JP. But same problems there - no immediate returns possible because of drastic oversupply. OK for 15 year buy and hold in NOIDA, quick flipping makes no sense.
Sohna road prices are already up a lot. Returns seem capped.
Probably, from investment point of view, timing is now against flat bookings. 2009 was the right time. Now in 2010, it doesnt seem a great idea any more, since price and supply are not condusive.
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