Ramprastha Edge Towers: Any info? - Indian Real Estate Forum

Venkytalks · 18-09-09

Anyone has any information about this developer and their Gurgaon project Ramprastha City in Sector 37? Any specific info on Edge Tower, Atrium and View would be appreciated.

Venkytalks · 01-10-09

If you have booked in Ramprastha Gurgaon, join the google group of the same name

Venkytalks · 28-11-09

The site is groups.google.com called ramprasthagurgaon

sethikanwar · 28-12-09

Any information on the crescent park project from SARE which is on rh ramprastha land...I have already booked a flat there and wanted to know what is happening now

Venkytalks · 29-01-10

Apparently those flats have sold out. Expect constructions to start in next 6 months

Quote:

Originally Posted by sethikanwar

Any information on the crescent park project from SARE which is on rh ramprastha land...I have already booked a flat there and wanted to know what is happening now

nkg_8 · 31-01-10

I can see they have now Launched Crescent ParC Phase- II. Can you please suggest if the location for Phase 2 & builder is good.

Venkytalks · 01-02-10

I would recommend buying in resale. There is a 15% price rise in Pataudi Road and there should be people wanting to sell their Phase 1 booking.

Avoid all new launches until the economy direction becomes clearer.

SARE is well funded and should be alright.

nkg_8 · 01-02-10

Thanks Venkytalks...

I can understand that it will be cheaper & good decision buying in resale only if you are looking for small size. As they launched only 950 (2BHK) & 1150 (3BHK) in First Phase. They have four High rise tower in their project & only 1 tower is open in 2nd phase of booking. They will launch rest of three later with higher price. In Phase 2 of the project I can choose good option available for 3 BHK (1516sqft) which is not possible in resale.
I am looking this option for both purpose (Own Use & Investment) depending on my job location after 3-4 years.
As you mentioned that Sare is well funded & should be alright then i would prefer to have a fresh booking & go for 3BHK higher size, which I believe is still cheap if you compare with other projects in sector 92.

Venkytalks · 07-02-10

I think you can definitely go for it. Price is very low for excellent location with good long term potential

nkg_8 · 08-02-10

Thanks Venky...

Already booked a 3BHK in S+14. I found many reasons to buy in this project.

1. Risk is limited (10% of BSP) before starting construction which
is 25-30% in other projects
2. This is the first project of Sare in Gurgaon, so I hope they will
put their best efforts to prove it a real success.
3. As per news, they are planning to launch IPO very soon, so they have to keep customer satisfaction at higher level.
4. There is lot of scope of price appriciation by Sare as they are
releasing only few of the units at a time.
5. My calculation
Overall Cost = Builder reputation + Location premium + Cuntruction
Cost + Land Cost
This project is less risky for long term as we are paying very less
against Location premium & Builder reputation.
6. It is true that Building construction will not make any difference
till the time infrastructure will be developed in that area. So some
delay in approvals is acceptable to me, if they are not asking further
installments.

18-09-09	#1
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,578 Thanks: 21 Thanked 133 Times in 62 Posts Rep Power: 1	Ramprastha Edge Towers: Any info? Anyone has any information about this developer and their Gurgaon project Ramprastha City in Sector 37? Any specific info on Edge Tower, Atrium and View would be appreciated.

28-12-09	#4
sethikanwar New Member Join Date: Dec 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	Crescent park Sector 92 Any information on the crescent park project from SARE which is on rh ramprastha land...I have already booked a flat there and wanted to know what is happening now

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01-10-09	#2
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,578 Thanks: 21 Thanked 133 Times in 62 Posts Rep Power: 1	If you have booked in Ramprastha Gurgaon, join the google group of the same name

28-11-09	#3
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,578 Thanks: 21 Thanked 133 Times in 62 Posts Rep Power: 1	The site is groups.google.com called ramprasthagurgaon

31-01-10	#6
nkg_8 Senior Member Join Date: Dec 2009 Posts: 636 My Mood: Thanks: 6 Thanked 18 Times in 14 Posts Rep Power: 1	I can see they have now Launched Crescent ParC Phase- II. Can you please suggest if the location for Phase 2 & builder is good.

01-02-10	#7
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,578 Thanks: 21 Thanked 133 Times in 62 Posts Rep Power: 1	I would recommend buying in resale. There is a 15% price rise in Pataudi Road and there should be people wanting to sell their Phase 1 booking. Avoid all new launches until the economy direction becomes clearer. SARE is well funded and should be alright.

07-02-10	#9
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,578 Thanks: 21 Thanked 133 Times in 62 Posts Rep Power: 1	I think you can definitely go for it. Price is very low for excellent location with good long term potential

08-02-10	#10
nkg_8 Senior Member Join Date: Dec 2009 Posts: 636 My Mood: Thanks: 6 Thanked 18 Times in 14 Posts Rep Power: 1	Thanks Venky... Already booked a 3BHK in S+14. I found many reasons to buy in this project. 1. Risk is limited (10% of BSP) before starting construction which is 25-30% in other projects 2. This is the first project of Sare in Gurgaon, so I hope they will put their best efforts to prove it a real success. 3. As per news, they are planning to launch IPO very soon, so they have to keep customer satisfaction at higher level. 4. There is lot of scope of price appriciation by Sare as they are releasing only few of the units at a time. 5. My calculation Overall Cost = Builder reputation + Location premium + Cuntruction Cost + Land Cost This project is less risky for long term as we are paying very less against Location premium & Builder reputation. 6. It is true that Building construction will not make any difference till the time infrastructure will be developed in that area. So some delay in approvals is acceptable to me, if they are not asking further installments.