PALM HILLS by EMMAR MGF in Sec 77 - Indian Real Estate Forum

geebee · 24-02-10

Hi,

I have heard that EMMAR MGF is about to launch 3 and 4 BHK apartments (PALM HILLS) in Sec 77.

We already have lot of projects like MAPSKO, ORRIS, VATIKA in that area and not much has happended in the last 2 years.

What is your opinion about this project?

Geebee

sakiv.dhiman · 24-02-10

Builder has good reputation.
Sector 77 is a good location. Exent Connectivity being adjacent to NH-8. proposed dwarka express way and KMP( Kundli-Manesar-Palwal). Adjacent to proposed Metro,proposed ISBT, haldiram and McDonald.

So out of MAPSKO, ORRIS, VATIKA and Emmar. I personally prefer 1) Emmar 2) Vatika.

harkeshsuri · 02-03-10

Looking at the location and how other projects are progressing, Its not worth investing in Sec-77 as of now, If you have horizon of more then 5 year then go for it.

abhi · 06-04-10

Have a look at their Subvention Plan.

It seems; you have to pay Rs. 12 Lacs upfront and bank does rest of the payment to the builder.

So no EMI's till December, 2011 (1.9 years).

After 1.9 years, one can exit and make some money, hoping that the property
appreciate by even Rs.500 per sq ft.

So, on an investment of Rs. 12 Lacs once can make rs 10 Lacs or more in 1.9years.

Btw, what is the status of Emaar MGF other projects? Do they deliver on time?

24-02-10	#1
geebee New Member Join Date: Jun 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	PALM HILLS by EMMAR MGF in Sec 77 Hi, I have heard that EMMAR MGF is about to launch 3 and 4 BHK apartments (PALM HILLS) in Sec 77. We already have lot of projects like MAPSKO, ORRIS, VATIKA in that area and not much has happended in the last 2 years. What is your opinion about this project? Geebee

24-02-10	#2
sakiv.dhiman New Member Join Date: Jan 2010 Posts: 11 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Builder has good reputation. Sector 77 is a good location. Exent Connectivity being adjacent to NH-8. proposed dwarka express way and KMP( Kundli-Manesar-Palwal). Adjacent to proposed Metro,proposed ISBT, haldiram and McDonald. So out of MAPSKO, ORRIS, VATIKA and Emmar. I personally prefer 1) Emmar 2) Vatika. Last edited by sakiv.dhiman; 24-02-10 at 10:48 PM.

02-03-10	#3
harkeshsuri New Member Join Date: Mar 2010 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Emar MGF Looking at the location and how other projects are progressing, Its not worth investing in Sec-77 as of now, If you have horizon of more then 5 year then go for it.

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