abhi

How is the Emaar MGF project, Palm Drive? Is it worth buying a property there?

I heard rates have shot up by almost 35% in Gurgaon Realty.

Would this be a good investment?

vikramwix

It's indeed a good investment. Go for it I would say. The prices are surely going to up further in this area.

Thanks

gaurav1979gupta

Folks

some hard facts about EMAAR MGF

1. There first project Palm Groove or something like never got completed till last year November

2. Common Wealth Games projected to be bailed out by DDA by paying 700 crore directly to subcontractor and got completed .

3.They lanuched Emaar Floor in Sector 65 .Go check the pace of the consturction at that time .I am sure either there will be no construction or very minimal construction

4. they have around 12000 acres of lands .97.3 % of this land is Agriculture land .Emaar MGF does not have money to even get this land converted to some worth while use (such as residential or commercial )

BlessU

Hi
Greetings

Kyon Cheetu Ji
kyon itni tezzi macha rahe ho.. Kya hua??
lena hai ya bechna hai??

Cheers

__________________
IREF Rules - Please Read Me!

imsaurabh

hahahahaha
Well said...On each refresh of my browser...I get an update on PALM DRIVE thread..

I think the rates are hovering around 6K...

BlessU

Hi
Greetings

Pure ki registry karwani hai kya?? take over??
just like I have complete excel on Dwarka expressway https://docs.google.com/spreadsheet/...MRE5hVEE#gid=1

So Lena hai ya bechna hai??

Sure someone will help you..

Cheers

aimforthesky

Not sure about sky terrace, but palm terraces is around 5800-5900 psft
u might get some non park facing non PLC for around 5700

sonmur

Hi Guys..

My husband and i are planning to buy an apartment. We really liked the location and the plan of "premier terraces". The brokers we spoke to are offering it at 5800 bsp/sq ft for the 1950 flat which falls in our budget. Is this the prevailing market price?

Can someone please suggest whether this would be a good decision? We wwant to buy it for our own use. Also by when can we expect possession since all these builders are infamous for delaying their projects.

Plz help!

sh-saxena

What is the possession date Emmar is saying for Premier Terraces/Sky Terraces currently.
The problem I found with Emmar is that they create the structure very fast and collect 90% payments and then sit for years on the project. Otherwise they have good specs/floor plans/location for Premier/Sky Terraces. I had really liked Sky Terraces but didnt go for it because of the uncertainties around Emmar's delivery.
Some 6 months back, i was quoted 5400 for Premier Terraces, so it may have escalated to 5800 levels now. Also check on , they have some lower quotes 5600-5700 also available.

rushilarora

You may also look at Ireo Uptown. Rate is more or less closer to what you are getting in palm . You can try for 2000 sq ft appt. Uptown is a safer bet and you may get the position as well in next 18 months.

You may have to wait for a long time to get the possession in Emmar... So tread cautiously with Emmar before taking a decision.