HUDA PATAUDI SECTOR 1 PLOTS - Indian Real Estate Forum

vshinde98 · 14-04-11

HOW WOULD INVESTMENT IN HUDA PATAUDI SECTOR 1 BE FOR A 5 YEAR HORIZON ?

RATES HERE ARE AROUND 12K-15 K PSY.

ANYONE FAMILIAR WITH THE AREA AND UPCOMING DEVELOPMENTS PLEASE COMMENT.

Magadh_Pride · 14-04-11

is this for the allotment which happened couple of months back?

The reliance sez which was a major one is a flop now.... so what are the drivers for this region?

rockford · 14-04-11

I think the investment is good for 3-4 years horizon , because of

NPR progress
HUDA first sector in Pataudi and HUDA is planning to develop 9 sectors in pataudi .
Sector 1 is located exactly on newly developed Gurgaon - Jhajhar highway

Also current premium for these plots 10 -12K depend upon location of the project.

ThePunjabi · 15-04-11

I have been to Tulip Petal project which is on Pataudi road just before Pataudi.

If you look at the history and learn from it, real estate in remote and undeveloped areas took the biggest hit during 2008-09 recession. There were no takers for properties in areas like Dharuheda, Bhiwadi, Bahadurgarh, Sonepat/Kundli, DLF New Town Heights i.e. new and totally undeveloped sectors of Gurgaon. There were virtually no buyers in these areas at any price.

Markets are at a peak now. Chances of a 20% correction are higher than chances of another 20% increase from here. In case another recession came, these undeveloped sectors will take the biggest hit, again.

If you have to invest, then invest in the areas where there is some development visible even today.

Magadh_Pride · 15-04-11

Magadh agrees with Punjab

Your views are logical and more importantly have anecdotal evidence.

Quote:

Originally Posted by ThePunjabi

Markets are at a peak now. Chances of a 20% correction are higher than chances of another 20% increase from here. In case another recession came, these undeveloped sectors will take the biggest hit, again.
.

vickygoel · 10-10-11

It's a good news for the allottees of HUDA Pataudi Sector-1 Plots !!!!

guesswho · 10-10-11

What are the current plot rates in this area ?

vickygoel · 10-10-11

I have been quoted a premium of Rs 16k per sq yds for my 10 Marla plot.

nc_gupta · 10-10-11

This is good for parking black money, if you have one.

In reality, this area is bad for next 10 years or more.

I am surprised, why HUDA launches this at such low prices and suddenly they command huge premium.

vickygoel · 15-10-11

What do you think the price should be after 10 years in this area ?

14-04-11	#1
vshinde98 Senior Member Join Date: Sep 2010 Posts: 505 Likes Received: 33 Likes Given: 10	HUDA PATAUDI SECTOR 1 PLOTS HOW WOULD INVESTMENT IN HUDA PATAUDI SECTOR 1 BE FOR A 5 YEAR HORIZON ? RATES HERE ARE AROUND 12K-15 K PSY. ANYONE FAMILIAR WITH THE AREA AND UPCOMING DEVELOPMENTS PLEASE COMMENT.

10-10-11	#6
vickygoel New Member Join Date: Apr 2010 Posts: 15 Likes Received: 0 Likes Given: 0	Pataudi Haily Mandi Development Plan 2031 It's a good news for the allottees of HUDA Pataudi Sector-1 Plots !!!! Attached Images

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14-04-11	#2
Magadh_Pride Veteran Member Join Date: Dec 2010 Location: Singapore Posts: 2,181 Likes Received: 350 Likes Given: 252 My Mood:	is this for the allotment which happened couple of months back? The reliance sez which was a major one is a flop now.... so what are the drivers for this region?

14-04-11	#3
rockford Member Join Date: Dec 2010 Posts: 50 Likes Received: 2 Likes Given: 1	I think the investment is good for 3-4 years horizon , because of NPR progress HUDA first sector in Pataudi and HUDA is planning to develop 9 sectors in pataudi . Sector 1 is located exactly on newly developed Gurgaon - Jhajhar highway Also current premium for these plots 10 -12K depend upon location of the project.

15-04-11	#4
ThePunjabi Veteran Member Join Date: Mar 2011 Location: Delhi Posts: 1,135 Likes Received: 267 Likes Given: 129	I have been to Tulip Petal project which is on Pataudi road just before Pataudi. If you look at the history and learn from it, real estate in remote and undeveloped areas took the biggest hit during 2008-09 recession. There were no takers for properties in areas like Dharuheda, Bhiwadi, Bahadurgarh, Sonepat/Kundli, DLF New Town Heights i.e. new and totally undeveloped sectors of Gurgaon. There were virtually no buyers in these areas at any price. Markets are at a peak now. Chances of a 20% correction are higher than chances of another 20% increase from here. In case another recession came, these undeveloped sectors will take the biggest hit, again. If you have to invest, then invest in the areas where there is some development visible even today.

10-10-11	#7
guesswho Member Join Date: Sep 2010 Posts: 361 Likes Received: 3 Likes Given: 3 My Mood:	What are the current plot rates in this area ?

10-10-11	#9
nc_gupta Member Join Date: Jun 2011 Posts: 425 Likes Received: 62 Likes Given: 15 My Mood:	This is good for parking black money, if you have one. In reality, this area is bad for next 10 years or more. I am surprised, why HUDA launches this at such low prices and suddenly they command huge premium.

15-10-11	#10
vickygoel New Member Join Date: Apr 2010 Posts: 15 Likes Received: 0 Likes Given: 0	What do you think the price should be after 10 years in this area ?