Is it the right time to buy the property in Mayur Vihar / Vasundhra Enclave - Indian Real Estate Forum

sandeep2010 · 19-03-10

The property prices in Mayur Vihar & its adjoining colony Vasundhra Enclave are on steady rise .I feel it may be due to better Metro connectivity and infrastructure development for Commonwealth games village

The 3 BHK costs around 90-100 L in Vasundhra Enclave & 1.3-1.5 Cr in Mayur Vihar

Is it right time to buy the house for self use

Venkytalks · 20-03-10

No.

Price is too high. Worth it only if you work nearby.

nibha · 12-04-10

No Doubt that Mayur VIhar Phase-1 has come up in big as on of best liveable location in Delhi.
But the price that u will be paying ia only for location as most the flats are around 20yrs old.
U may get a much better product in Noida's new projects provided u r willing to wait.

Quote:

Originally Posted by sandeep2010

The property prices in Mayur Vihar & its adjoining colony Vasundhra Enclave are on steady rise .I feel it may be due to better Metro connectivity and infrastructure development for Commonwealth games village

The 3 BHK costs around 90-100 L in Vasundhra Enclave & 1.3-1.5 Cr in Mayur Vihar

Is it right time to buy the house for self use

Venkytalks · 12-04-10

Quote:

Originally Posted by nibha

No Doubt that Mayur VIhar Phase-1 has come up in big as on of best liveable location in Delhi.
But the price that u will be paying ia only for location as most the flats are around 20yrs old.
U may get a much better product in Noida's new projects provided u r willing to wait.

Totally agree with this view

coke_indian · 12-04-10

Moreover, I have heard(Just heard) that DDA draws are going to be launched in and nearby Vasundhra Enclave? Any news if anyone is aware of ?

umesh_jain · 14-04-10

Hi Sandeep,

Whats your opinion about Mayur Vihar? I think you might have checked Mayur Vihar flats, which are the good ones. I think parking of vehicles is a big issue in older societies?
I have checked about these too. In my opinion Kirti, Medha, Manu, Eastend are good. Please share your views.

Thanks

nibha · 14-04-10

Don't missout on Parwana, Kala and Manas as they have less congested road in front of them ...

Quote:

Originally Posted by umesh_jain

Hi Sandeep,

Whats your opinion about Mayur Vihar? I think you might have checked Mayur Vihar flats, which are the good ones. I think parking of vehicles is a big issue in older societies?
I have checked about these too. In my opinion Kirti, Medha, Manu, Eastend are good. Please share your views.

Thanks

luckysir · 13-07-10

Nibha,
Mayur Vihar is Delhi, and Noida is UP. Premium is not decided by you or me. Its a collective process of many people over years.
MayurVihar will always command premium over Noida, and GK2 will always command premium over Mayur Vihar.

Guys, Beware of wrong advise.

nibha · 14-07-10

Well lucky Ji
Advise is just Advise ...
Never right or wrong , its just the prespective that changes from person to person ...
Give me one good reason why GK2 will always command permium over Mayur vihar phase -1 to be very specific ..

Quote:

Originally Posted by luckysir

Nibha,
Mayur Vihar is Delhi, and Noida is UP. Premium is not decided by you or me. Its a collective process of many people over years.
MayurVihar will always command premium over Noida, and GK2 will always command premium over Mayur Vihar.

Guys, Beware of wrong advise.

Munish Malhautra · 14-07-10

Quote:

Originally Posted by nibha

Well lucky Ji
Advise is just Advise ...
Never right or wrong , its just the prespective that changes from person to person ...
Give me one good reason why GK2 will always command permium over Mayur vihar phase -1 to be very specific ..

Hello,
as per my opinion, GK2 will command more premium than Mayur Vihar-1 for the following reasons-

-Its presence in South Delhi is the most preferred location due to its advantage vis a viz East Delhi which is upcoming
-Posh localities , malls, easy access to other locations, it is the biggest retail hub of Delhi after CP.
-South Delhi(GK) residential prices are are fixedat from 13K and go upto 20K residential(this is after 2 yrs simultaneous correction), East Delhi prices are at 4K to 7K(these are also after correction).

19-03-10	#1
sandeep2010 New Member Join Date: Mar 2010 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	Is it the right time to buy the property in Mayur Vihar / Vasundhra Enclave The property prices in Mayur Vihar & its adjoining colony Vasundhra Enclave are on steady rise .I feel it may be due to better Metro connectivity and infrastructure development for Commonwealth games village The 3 BHK costs around 90-100 L in Vasundhra Enclave & 1.3-1.5 Cr in Mayur Vihar Is it right time to buy the house for self use

12-04-10	#5
coke_indian Member Join Date: Feb 2010 Posts: 278 My Mood: Thanks: 0 Thanked 1 Time in 1 Post	Moreover, I have heard(Just heard) that DDA draws are going to be launched in and nearby Vasundhra Enclave? Any news if anyone is aware of ? Last edited by coke_indian; 12-04-10 at 11:38 PM. Reason: sss

14-04-10	#6
umesh_jain New Member Join Date: Aug 2009 Posts: 35 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Whats your opinion? Hi Sandeep, Whats your opinion about Mayur Vihar? I think you might have checked Mayur Vihar flats, which are the good ones. I think parking of vehicles is a big issue in older societies? I have checked about these too. In my opinion Kirti, Medha, Manu, Eastend are good. Please share your views. Thanks

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20-03-10	#2
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,655 Thanks: 26 Thanked 176 Times in 92 Posts	No. Price is too high. Worth it only if you work nearby.

13-07-10	#8
luckysir Member Join Date: Jun 2010 Posts: 150 Thanks: 0 Thanked 1 Time in 1 Post	Nibha, Mayur Vihar is Delhi, and Noida is UP. Premium is not decided by you or me. Its a collective process of many people over years. MayurVihar will always command premium over Noida, and GK2 will always command premium over Mayur Vihar. Guys, Beware of wrong advise.