Orris Spring Homes, Sector 85 - Page 2 - Indian Real Estate Forum

rd_bmw · 01-08-12

Have not heard any negative about the builder so far....but yes...it is also true that the builder has not delivered yet any residential project.

Considering that the new launches are at sky rocketing prices...God knows where Gurgaon in heading!!!!

4500-4800(5000- discount) for a new launch ..in Q1 2013 should not be a bad bet...considering that the resale of other projects in Orris would be around 4200-4500 ...currently it is 3700-4000 ..

My PoV...feel free to disagree :-)

good luck!

karan.singh · 01-08-12

HI All

I gave cheques for 2 units in this project....here is the strange thing

Builder is not even willing to give stamp and sign on photocopy of cheque as recieving. Had loads of argument but the sales person was adamant that no one in gurgaon pre-launch does that....

I am all in for this project as

1) I consider Orris repo pretty decent
2) Carnation and other project is shaping nicely
3) builder has huge land bank in GGN and Noida...
4) Location ...kinda excellent as close to Deway,NH8 and future commercials...
5) Decent payment plan (with 10L I am already through with 15 %) , as per builder next demand wouldn't be before Feb 13....

But I am really concerned with them not giving any receiving...Although I did visit builder office...spoke to different people and brokers..all say they are not giving any recieving

Fellow's please lemme know what you think

sachingahl · 01-08-12

Today I booked a 2bhk in spring homes.............seems to be decent option as it is on 135 mtr road....No payment to be made till next 7 months...i was told by broker that launch is expected at 6000 psf approx.........lets see???

ramram06 · 02-08-12

Hi ,

Builder is following same theory as in Greenopolis project.........by 3C .

This is the new trend of gurgaon realestate market .
Marketing like ---L&T will construct the project ,green building concept.....etc.......

Investor enjoying this concept..........but end user will be in silent mode only.

karan.singh · 02-08-12

Quote:

Originally Posted by sachingahl

Today I booked a 2bhk in spring homes.............seems to be decent option as it is on 135 mtr road....No payment to be made till next 7 months...i was told by broker that launch is expected at 6000 psf approx.........lets see???

Sachin , did you get any receiving for them....?

sachingahl · 04-08-12

I din not get a proper receipt for the project..........but company gave me a receipt for the cheque- meaning that they have received the cheque

rpsingh1 · 08-08-12

I booked one 2bhk at 5000 INR. Any idea about the recent prices.

Could any body have blind guesss the resalte in Feb 13.

Cheers!!

manu · 08-08-12

People bought in Gurgaon because South Delhi was expensive.
Then the shift came to areas near Manesar(or new Gurgaon) as the main gurgaon became too expensive.

At these rates; this area just looses the advantage of its basic USP.

In the present uncertain environment; flipping of properties on booking amounts is becoming extremely difficult.

kmanojporwal · 08-08-12

Quote:

Originally Posted by rpsingh1

I booked one 2bhk at 5000 INR. Any idea about the recent prices.

Could any body have blind guesss the resalte in Feb 13.

Cheers!!

Hey RP,

Can you share what % broker discount did you finally get on this one and was this reflected on BSP or were you given a credit note... Thanks.

tejinder · 09-08-12

Is this a decent option as an investor; senior members can pl suggest as to what %age return can one expect with 10 L booking and exit planned before the next payment. Is it possible to make an exit from this project with some profit.

08-08-12	#17
rpsingh1 Member Join Date: Jul 2012 Posts: 167 Likes Received: 10 Likes Given: 50 My Mood:	Any Update on recent prices I booked one 2bhk at 5000 INR. Any idea about the recent prices. Could any body have blind guesss the resalte in Feb 13. Cheers!!

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01-08-12	#11
rd_bmw Member Join Date: Apr 2011 Posts: 261 Likes Received: 28 Likes Given: 42 My Mood:	Have not heard any negative about the builder so far....but yes...it is also true that the builder has not delivered yet any residential project. Considering that the new launches are at sky rocketing prices...God knows where Gurgaon in heading!!!! 4500-4800(5000- discount) for a new launch ..in Q1 2013 should not be a bad bet...considering that the resale of other projects in Orris would be around 4200-4500 ...currently it is 3700-4000 .. My PoV...feel free to disagree :-) good luck!

01-08-12	#12
karan.singh Senior Member Join Date: Feb 2011 Posts: 652 Likes Received: 179 Likes Given: 69 My Mood:	HI All I gave cheques for 2 units in this project....here is the strange thing Builder is not even willing to give stamp and sign on photocopy of cheque as recieving. Had loads of argument but the sales person was adamant that no one in gurgaon pre-launch does that.... I am all in for this project as 1) I consider Orris repo pretty decent 2) Carnation and other project is shaping nicely 3) builder has huge land bank in GGN and Noida... 4) Location ...kinda excellent as close to Deway,NH8 and future commercials... 5) Decent payment plan (with 10L I am already through with 15 %) , as per builder next demand wouldn't be before Feb 13.... But I am really concerned with them not giving any receiving...Although I did visit builder office...spoke to different people and brokers..all say they are not giving any recieving Fellow's please lemme know what you think

01-08-12	#13
sachingahl Member Join Date: May 2012 Posts: 112 Likes Received: 13 Likes Given: 7	Today I booked a 2bhk in spring homes.............seems to be decent option as it is on 135 mtr road....No payment to be made till next 7 months...i was told by broker that launch is expected at 6000 psf approx.........lets see???

02-08-12	#14
ramram06 New Member Join Date: Aug 2011 Location: Jaipur Posts: 49 Likes Received: 3 Likes Given: 5	Hi , Builder is following same theory as in Greenopolis project.........by 3C . This is the new trend of gurgaon realestate market . Marketing like ---L&T will construct the project ,green building concept.....etc....... Investor enjoying this concept..........but end user will be in silent mode only.

04-08-12	#16
sachingahl Member Join Date: May 2012 Posts: 112 Likes Received: 13 Likes Given: 7	I din not get a proper receipt for the project..........but company gave me a receipt for the cheque- meaning that they have received the cheque

08-08-12	#18
manu Disabled Join Date: Feb 2009 Posts: 597 Likes Received: 162 Likes Given: 7	People bought in Gurgaon because South Delhi was expensive. Then the shift came to areas near Manesar(or new Gurgaon) as the main gurgaon became too expensive. At these rates; this area just looses the advantage of its basic USP. In the present uncertain environment; flipping of properties on booking amounts is becoming extremely difficult.

09-08-12	#20
tejinder Member Join Date: Oct 2010 Posts: 60 Likes Received: 7 Likes Given: 21	Is this a decent option as an investor; senior members can pl suggest as to what %age return can one expect with 10 L booking and exit planned before the next payment. Is it possible to make an exit from this project with some profit.