studio appts in gr noida - Page 3 - Indian Real Estate Forum

varunlal2011 · 05-08-11

REPEAT POST

What is the construction update for this project? I have heard that ARN is going to stop this project. I do not know the reason. Any update from ARN globus residency investors ?

Agastya07 · 05-09-11

Quote:

Originally Posted by varunlal2011

REPEAT POST

What is the construction update for this project? I have heard that ARN is going to stop this project. I do not know the reason. Any update from ARN globus residency investors ?

This project now stopped and they are returnning the money of investors.

rameshkr10 · 18-09-11

Quote:

Originally Posted by sps1972

Does anyone has any idea about Vardhaman Studio Apartments at Knowledge park III, reputation of this builder and 12% assured return they are providing upto possession and thereafter for 3 years. They claim to have tie up with Ginger group of hotels. They have now increased the rates from 3100/-per sq.ft. to 3400-3600 psf. They are also offering commercial/ IT space with 12 % assured return for 9 years.

Further, it was informed that Vardhaman has taken over a commercial project named ANG (i think) near Pari Chowk and are offering space of 350 sq ft. at the rate of 6750/- psf (at 2nd and 3rd floor) with 9 years assured return of 12 %. Does any one has any idea ??

Thanks

SPS1972, Have you invested in Vardhman studio apartment projects? I have 2 investments in their i-valley projects. one in studio apartment and another one in office space. They have been regular in giving the monthly checks. But now as the project is approaching completion, they are changing the lease terms. They are proposing to change the lease period from 3 years earlier to now 30 years. I am bit skeptical to commit for such a long period..

garg46 · 20-12-11

Globus Residency... Builder ARN infrastructure has arranged a meeting with the investors on Dec 24, 2011. All the investors must come for the meeting. Or they should send their representative/ friends.

vbinda · 26-01-12

How abt supertech's safari studio in up country?

gharondabhai · 27-01-12

Studio apartment works when there are many and many floating executives coming to GN. Floating means, they are coming for a short duration only, from 1 week to max 2-3months. These people prefer own accommodation over hotel rooms. That happens only when there are executive level business activities happening in GN and surrounding areas.

Currently those kind of population is almost non existent .. Kab JOBS ayenge aur kab yeh sab bachelors/executives ayenge!! Students got other options

livingnspace · 29-01-12

Quote:

Originally Posted by gharondabhai

Studio apartment works when there are many and many floating executives coming to GN. Floating means, they are coming for a short duration only, from 1 week to max 2-3months. These people prefer own accommodation over hotel rooms. That happens only when there are executive level business activities happening in GN and surrounding areas.

Currently those kind of population is almost non existent .. Kab JOBS ayenge aur kab yeh sab bachelors/executives ayenge!! Students got other options

Thanks Alot Gharonda Bhai fully agreed

on the view it has to be leased and Please please please all investors read the original leases before you buy anything

Companies are saying that they will lease it out but think about the feasibility as Ondabhai has shown in his eg

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05-08-11	#21
varunlal2011 New Member Join Date: Jul 2011 Posts: 43 Thanks: 1 Thanked 0 Times in 0 Posts	REPEAT POST What is the construction update for this project? I have heard that ARN is going to stop this project. I do not know the reason. Any update from ARN globus residency investors ?

20-12-11	#24
garg46 New Member Join Date: Dec 2011 Posts: 10 Thanks: 0 Thanked 0 Times in 0 Posts	Globus Residency... Builder ARN infrastructure has arranged a meeting with the investors on Dec 24, 2011. All the investors must come for the meeting. Or they should send their representative/ friends.

26-01-12	#25
vbinda Member Join Date: Jan 2012 Posts: 175 Thanks: 6 Thanked 11 Times in 10 Posts	How abt supertech's safari studio in up country?

27-01-12	#26
gharondabhai Veteran Member Join Date: Nov 2010 Posts: 2,270 My Mood: Thanks: 72 Thanked 274 Times in 173 Posts	Studio apartment works when there are many and many floating executives coming to GN. Floating means, they are coming for a short duration only, from 1 week to max 2-3months. These people prefer own accommodation over hotel rooms. That happens only when there are executive level business activities happening in GN and surrounding areas. Currently those kind of population is almost non existent .. Kab JOBS ayenge aur kab yeh sab bachelors/executives ayenge!! Students got other options