Is it worth to buy flat in neharpar projects ? - Page 3 - Indian Real Estate Forum

tej_yd · 14-09-10

Quote:

Originally Posted by bhuvnesh Kumar

Here .Are you talking about Sec 77 to 80 means farmers land's area at neharpar

HAS any1 listen about ansal project at naharpr. price is 3000 /sqft. for min. 1802 sqft area with 3bhk

vkbans · 15-09-10

Quote:

Originally Posted by bhuvnesh Kumar

Here .Are you talking about Sec 77 to 80 means farmers land's area at neharpar

Yes, master road for sector 75 to 89 in Faridabad Neharpar area, same can be verified at huda official web site if required

vkbans · 15-09-10

Quote:

Originally Posted by tej_yd

HAS any1 listen about ansal project at naharpr. price is 3000 /sqft. for min. 1802 sqft area with 3bhk

there is one project Ansal Crown Heights in Sec-80, Faridabad (http://crowngroup.org/inside/project..._overview.html)

There is one upcoming Group housing project "Canal Heights" by Ansal Buildwell, however details are not available (http://www.ansalabl.com/gh_canel.asp)
Not sure which one you are talking about

nagar.ravi · 01-11-10

Quote:

Originally Posted by chandra2034

Is Rs. 1400 all inclusive rate for near complete flats in this area ? Seems attractive for long term investment or end user with low budget.
What is current rate going on in near completion projects ?

no...Rs 1400 is basic sell price..there isplc+edc/idc+car parking+club+ifms etc additional. still its cheaper.

djvjain · 29-11-10

I don't think that it makes sense to purchase any flat in Greater Fraidabad area. Lot of investors/end-users I know have exited the projects because of delivery and external development issues.

Current prices at Omaxe height, BPTP park Granduera are lower than what they were at the time of launch during 2005/2006. It might take close to 10 years for greater Fbd to be livable as they won't have sewer, water and power lines for atleast next 3-4 years.

Be really cautious before investing in that area.

s bhardwaj · 20-12-10

Dear Listians
Just read the valuable comments and i agree that as of now road connectivity is poor inthe area. But will it rea lly take 8-10 yrs? I doubt. With Badarpur flyover coming up, the connectivity to Delhi has already eased.
With all this back ground i myself would like to ask the members whether it will be a wise decision to invest in a 2 bhk prperty in the area. i am looking for long term investment both from rental as well as appreciation point of view. OR should i opt for a 1 bhk flat in gurgaon or noida.

nkg_8 · 20-12-10

I feel prices in that area are reasonable and prices has to increase upwards if development happens. Nobody can predict the actual date when all issues will be resolved regarding basic infra...

The price you will be paying for a nearly completion flat will be much lower than they deserve after developments. If an investor enters at this point of time, he has to wait patiently for developments but he has chances to gain handsome ROI & low risk of downfall from here.

FNG could be the one of the +point of this are but still no confirmation on FNG.

In my opinion a very good (Low risk Investment) if you are OK to hold this.

Quote:

Originally Posted by s bhardwaj

Dear Listians
Just read the valuable comments and i agree that as of now road connectivity is poor inthe area. But will it rea lly take 8-10 yrs? I doubt. With Badarpur flyover coming up, the connectivity to Delhi has already eased.
With all this back ground i myself would like to ask the members whether it will be a wise decision to invest in a 2 bhk prperty in the area. i am looking for long term investment both from rental as well as appreciation point of view. OR should i opt for a 1 bhk flat in gurgaon or noida.

djvjain · 21-12-10

Hi Guys,

The situation of Neharpar is not very bright but it all depends on how far long you want to hold. I agree that the prices of already constructed or soon to receive possession properties are cheap, but you also have to keep in the mind the external infrastructure. There are no roads in the sector so far and won't be for next 3-4 years. Once you have the possession of the apartment, the additional costs like safe drinking water, 24 Hrs diesel charges for power-back etc should also be kept in mind.

Opening of Badarpur flyer is not going to be such a big impact for the nehar par area, just because it is quite far from the border. Nothing is sure about FNG from the Faridabad side, so this 3on't be boosting the appreciation either.

Few projects that are already delievered or close to BPTp Park Ganderua, BPTP Princess Park, Omaxe Heights etc.

Good Luck!

s bhardwaj · 22-12-10

I agree with ur comments. But again i was not looking for a near completion or ready to move in projects. Rather projects which are abt to start and will take atleast 02-03 yrs for completion. This much time is probably good enough for other things to settle down.
Also as there are a lot of projects on the verge of comletion, many families will move in there in an yr or so. this will also help in further stabilising the situation.
I agree the projects which will be on Tegaon road will be better connected and will see earlier developement rather than ones which need to pass through kheri.
Further to this what abt investment in a 1 bhk in gurgaon or noida.
My only attraction for faridabad is affordability.

djvjain · 24-12-10

Hi S-Bahrdawaj,

If you really wanna opt for an area of nehar par, then may be going for floors is a better idea. Floors are always cheaper, you can get registry/loan done and can be developed easily by the developer w/o much hassle. If you still wanna stick around with Fairdabad then look for a 2 BhK ready to move in floor in Green field/ Spring Field for about 25 Lacks (could get cheaper if you are ready to run around).

I personally think that Noida would appreciate better than greater Faridabad because of obvious reasons. Look into something like Lotus Zing for 1 BhK if you are interested in the Noida Expressway area. Need to spend more money if you are thinking about buying in more established sectors.

22-12-10	#29
s bhardwaj New Member Join Date: Dec 2010 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	Is it worth to buy a flat in neharpar projects I agree with ur comments. But again i was not looking for a near completion or ready to move in projects. Rather projects which are abt to start and will take atleast 02-03 yrs for completion. This much time is probably good enough for other things to settle down. Also as there are a lot of projects on the verge of comletion, many families will move in there in an yr or so. this will also help in further stabilising the situation. I agree the projects which will be on Tegaon road will be better connected and will see earlier developement rather than ones which need to pass through kheri. Further to this what abt investment in a 1 bhk in gurgaon or noida. My only attraction for faridabad is affordability.

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29-11-10	#25
djvjain Veteran Member Join Date: Nov 2010 Posts: 1,264 Thanks: 63 Thanked 52 Times in 44 Posts	I don't think that it makes sense to purchase any flat in Greater Fraidabad area. Lot of investors/end-users I know have exited the projects because of delivery and external development issues. Current prices at Omaxe height, BPTP park Granduera are lower than what they were at the time of launch during 2005/2006. It might take close to 10 years for greater Fbd to be livable as they won't have sewer, water and power lines for atleast next 3-4 years. Be really cautious before investing in that area.

20-12-10	#26
s bhardwaj New Member Join Date: Dec 2010 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	Dear Listians Just read the valuable comments and i agree that as of now road connectivity is poor inthe area. But will it rea lly take 8-10 yrs? I doubt. With Badarpur flyover coming up, the connectivity to Delhi has already eased. With all this back ground i myself would like to ask the members whether it will be a wise decision to invest in a 2 bhk prperty in the area. i am looking for long term investment both from rental as well as appreciation point of view. OR should i opt for a 1 bhk flat in gurgaon or noida.

21-12-10	#28
djvjain Veteran Member Join Date: Nov 2010 Posts: 1,264 Thanks: 63 Thanked 52 Times in 44 Posts	Hi Guys, The situation of Neharpar is not very bright but it all depends on how far long you want to hold. I agree that the prices of already constructed or soon to receive possession properties are cheap, but you also have to keep in the mind the external infrastructure. There are no roads in the sector so far and won't be for next 3-4 years. Once you have the possession of the apartment, the additional costs like safe drinking water, 24 Hrs diesel charges for power-back etc should also be kept in mind. Opening of Badarpur flyer is not going to be such a big impact for the nehar par area, just because it is quite far from the border. Nothing is sure about FNG from the Faridabad side, so this 3on't be boosting the appreciation either. Few projects that are already delievered or close to BPTp Park Ganderua, BPTP Princess Park, Omaxe Heights etc. Good Luck!

24-12-10	#30
djvjain Veteran Member Join Date: Nov 2010 Posts: 1,264 Thanks: 63 Thanked 52 Times in 44 Posts	Hi S-Bahrdawaj, If you really wanna opt for an area of nehar par, then may be going for floors is a better idea. Floors are always cheaper, you can get registry/loan done and can be developed easily by the developer w/o much hassle. If you still wanna stick around with Fairdabad then look for a 2 BhK ready to move in floor in Green field/ Spring Field for about 25 Lacks (could get cheaper if you are ready to run around). I personally think that Noida would appreciate better than greater Faridabad because of obvious reasons. Look into something like Lotus Zing for 1 BhK if you are interested in the Noida Expressway area. Need to spend more money if you are thinking about buying in more established sectors.