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Old 31-01-12   #41
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Im also an IREO Uptown investor. Im happy with the way construction is progressing, IREO is prompt to revert to queries/issues, site visits are organised professionally when asked, updates are shared on monthly basis, which is more than you can say about many builders.
As for price, its growing slowly and steadily even in this somewhat stagnant phase, which I feel is the right way to grow. My view is that it will reach 7500-7800 by possession time which will still be a good price for end users for a ready luxury property at GCX (probably will be one of the first ones to get ready).

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Originally Posted by ashishag View Post
Friends , Pl give us some reason why Ireo Uptown is still undervalued . Construction is on full swing. Expected possession by March-May'13. Luxury still Resale in 6200-6500 range..

Till possession what kind of appreciation we can expect?
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Old 31-01-12   #42
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Uptown is not undervalued at the moment. Infact it is fairly valued in context of rates prevailing of the projects on SPR and Dew. It has had a good appreciation in last 6 months (from 5300 to 6200), and it is under consolidation phase right now.
As rightly pointed out by Sh-Saxena, it will gradually go to 6800 level till possession. Good project for those who are looking for early possession for end use.


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Originally Posted by ashishag View Post
Friends , Pl give us some reason why Ireo Uptown is still undervalued . Construction is on full swing. Expected possession by March-May'13. Luxury still Resale in 6200-6500 range..

Till possession what kind of appreciation we can expect?
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Old 01-02-12   #43
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Hi Everyone - I have closely analysed the two projects and have my observations as below.Please feel free to discuss, argue, debate or dismiss these.
1.Based on location - Uptown has a marginal advantage,though I feel with the 60 mtr road being completed PVSN's location has come out much better then say abt Dec2010.
2.In terms of Floor Plans PVSN wins hands down, Roomsizes. space planning on paper looks better.Though actual product is yet to be seen.
3. 4 apartments per floor in PVSN vs 6 in Uptown
4. Cheaper then Uptown by atleast 500 p.sq.ft thus better VFM.Possession claimed by this year end though mid 2013 is being realistic
5. Better outdoors in Uptown handsdown on paper
6 Builder reputation PVSN as IREOs delivery is unknown
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Old 13-03-12   #44
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Hello Manoj,
Please throw some more light on this issue and also share the latest status on the IT issue of IREO.

thnx

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Originally Posted by MANOJa View Post
Bestech project looks to be the safe . The most visible issue being that of a big village in close vicinity .

Ireo could be great, but the files on it's Mauritius connection r still not closed & if this issue balloons up, Ireo could be in a big mess .

Last edited by jollyboy; 13-03-12 at 04:55 PM.
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