Tashee project at sec 111, 0km from DelhI Border - Page 5 - Indian Real Estate Forum

MANOJa · 11-08-10

durb100us

Be warned. From 2835 to 3400 in a few weeks .U r expecting too much

Quote:

Originally Posted by durb100us

Mr. Chopra,

The broker discount have not been finalized as yet, but it will be minimum 3%.

For me it's wait-n-watch game now. I along with my group have booked 12 flats in total.

The no of units have been increased in 3BHK.

Have heard that prices by month end will be Rs 3400/ .... keeping my fingers crossed.

Any news regarding Besstech Sec 81 ??

RBBR_711 · 12-08-10

durb100us, u are taking too much risk... And u booked 2 and 10 more y your colleagues ?? All the best !

At the same time if someone says that dwarka expressway will be build in
2020 then that too is too much pessimism...As NPR (Dwarka Expresswa) and SPR (Golf course road Extension) are the main road projects of HUDA in pipeline.

chopra · 13-08-10

Quote:

Originally Posted by Venkytalks

This is an interesting location, but I tend to agree with Gaurav.

All the malls, IT offices and posh projects are in DLF and south Gurgaon.

Palam Vihar, Udyog Vihar and Najafgarh road are more downmarket.

Returns will be after many years like all other Dwarka expressway projects (Ramprastha, Atharva, India bulls etc)

OK for long term hold, not OK for quick re-sale.

Total dependence on the expressway for appreciation

Hi Venky / any other member

what is your opinion about which project will appreciate maximum ( in terms of percentage growth ) of the the following 3 if we plan to sell them after 10 years-

1.Tashee or Indiabulls Centrum park purchased at 2800 psft
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft

Please share ur views with reasons

Thanks

RBBR_711 · 13-08-10

Hello Chopra Jee, As per my opinion

After 10 years :
-----------------
1.Tashee or Indiabulls Centrum park purchased at 2800 psft
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft

After 1-2 year:
----------------
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft
1.Tashee or Indiabulls Centrum park purchased at 2800 psft

After 5 Years:
-----------------
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft
1.Tashee or Indiabulls Centrum park purchased at 2800 psft

But after 10 year all will return you around 20%-30% per annum return which u can get in stock as well.

chopra · 13-08-10

Thanks RBBR Jee

I tend to agree with you that Sohna Road is best for short to medium term investment and Dwarka express is best for long term investment. But why you think Dwarka Express projects will beat Tulips in long run ?

RBBR_711 · 13-08-10

Proposed plan of dwarka expressway is to have a much wider road, Metro will there by then, Dwarka's posh area must have been developed by then...
In GGN, Sohana Road , there will be a situation like present peak time rush with cars, crowd and no place to drive/walk...

amty_gr · 13-08-10

I Agree with that one but can someone tell me what is the status of the construction of the dwarka expressway?

Venkytalks · 13-08-10

In 10 years, Orris will be best, because its the cheapest at 2300 i.e 2800 all inclusive.

You can probably get better price than 2800 in IB also - around 2800 all inclusive perhaps. So it will be quite close to Orris price and deliver similar returns. Not worth it because Orris is better located and cheaper.

Orris also wins in 5 year returns, because of the lower price. % years in enough to see good development here

Tulip White in resale will probably cost more than 3100, closer to 3600 - 3800 psf all inclusive. Still, it is definitely best in 1 year returns or for own living (other 2 are in difficult to live places).

Quote:

Originally Posted by RBBR_711

Hello Chopra Jee, As per my opinion

After 10 years :
-----------------
1.Tashee or Indiabulls Centrum park purchased at 2800 psft
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft

After 1-2 year:
----------------
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft
1.Tashee or Indiabulls Centrum park purchased at 2800 psft

After 5 Years:
-----------------
2.Tulip white purchased at 3100 psft in resale
3.Orris Aster purchased at 2372 psft
1.Tashee or Indiabulls Centrum park purchased at 2800 psft

But after 10 year all will return you around 20%-30% per annum return which u can get in stock as well.

chopra · 13-08-10

Quote:

Originally Posted by Venkytalks

In 10 years, Orris will be best, because its the cheapest at 2300 i.e 2800 all inclusive.

You can probably get better price than 2800 in IB also - around 2800 all inclusive perhaps. So it will be quite close to Orris price and deliver similar returns. Not worth it because Orris is better located and cheaper.

IB is not available in resale because they have 1 year lock in period and current BSP for IB is Rs 2900.Please let me know if any of your source is quoting around Rs 2800 psft all inclusive.

Orris also wins in 5 year returns, because of the lower price. % years in enough to see good development here

Tulip White in resale will probably cost more than 3100, closer to 3600 - 3800 psf all inclusive.
Prices quoted by me for all above projects ( ncludingTulip white) are BSPs.
Still, it is definitely best in 1 year returns or for own living (other 2 are in difficult to live places).

So your opinion is ?
For 10 year investment--
1. orris aster
2.Indiabulls
3.Tulip White

For 5 year investment--
1.Orris Aster
2.Indiabulls
3.Tulip white

For 1-4 year investment--
1.Tulip White
2.Orris Ater
3.Indiabulls

Could you please explain why you think percentage growth will be more in Orris Aster than both IB and TW in 5 and 10 years time (if I got you right )

Thanks for the response

chandra2034 · 13-08-10

Hi Guys,

In Feb 2009 when I was looking fro property, IndiaBull was launched at 1900 BSP and direct discount was close to 4% offered by company AGM.
Even he contatced me 3-4 times by email but I was not sure.
I did not book because location was not good and somehow I do not trust this IndiaBull compay. They are very smart and in Sec 103 everything was proposed.

Builder increased price from 1900 to 2900 in a 1.5 years. How much construction completed ? Sometime I think I should have bought that and I would have been in good profit.

But now I feel Gurgaon RE has become like hot stock market, very risky and very volatile. It's all in big bubble. Builder launching project without any approval and keep holding money for long time.

Lot of project launched before a year have not started construction but still increased price by 30-40%.

13-08-10	#44
RBBR_711 Member Join Date: Jul 2010 Posts: 98 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Hello Chopra Jee, As per my opinion After 10 years : ----------------- 1.Tashee or Indiabulls Centrum park purchased at 2800 psft 2.Tulip white purchased at 3100 psft in resale 3.Orris Aster purchased at 2372 psft After 1-2 year: ---------------- 2.Tulip white purchased at 3100 psft in resale 3.Orris Aster purchased at 2372 psft 1.Tashee or Indiabulls Centrum park purchased at 2800 psft After 5 Years: ----------------- 2.Tulip white purchased at 3100 psft in resale 3.Orris Aster purchased at 2372 psft 1.Tashee or Indiabulls Centrum park purchased at 2800 psft But after 10 year all will return you around 20%-30% per annum return which u can get in stock as well. Last edited by RBBR_711; 13-08-10 at 10:10 AM.

13-08-10	#45
chopra Member Join Date: Jul 2010 Posts: 176 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Thanks Thanks RBBR Jee I tend to agree with you that Sohna Road is best for short to medium term investment and Dwarka express is best for long term investment. But why you think Dwarka Express projects will beat Tulips in long run ?

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
DLF Capital Greens -Delhi - A Transparent Project?	udayan.giri	DLF	11	02-01-12 01:41 PM
Project Features, USP , Wish List for New project	search2010	Noida	25	27-06-11 02:18 PM
Shalimar City Near Delhi Border	abhinav05252	Ghaziabad	3	15-07-10 10:49 AM
25l, 2bhk, delhi ncr	sumit_singh	Delhi	0	19-05-10 12:06 AM
DLF Capital Greens -Delhi - Suprisingly AffordableRs 4500/sqft in Heart of Delhi	gurgaon_bloke	Delhi	6	01-06-09 02:05 PM

12-08-10	#42
RBBR_711 Member Join Date: Jul 2010 Posts: 98 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	durb100us, u are taking too much risk... And u booked 2 and 10 more y your colleagues ?? All the best ! At the same time if someone says that dwarka expressway will be build in 2020 then that too is too much pessimism...As NPR (Dwarka Expresswa) and SPR (Golf course road Extension) are the main road projects of HUDA in pipeline.

13-08-10	#47
amty_gr Member Join Date: Jul 2009 Posts: 67 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	I Agree with that one but can someone tell me what is the status of the construction of the dwarka expressway?

13-08-10	#50
chandra2034 Senior Member Join Date: Nov 2009 Posts: 719 Thanks: 38 Thanked 43 Times in 31 Posts	Hi Guys, In Feb 2009 when I was looking fro property, IndiaBull was launched at 1900 BSP and direct discount was close to 4% offered by company AGM. Even he contatced me 3-4 times by email but I was not sure. I did not book because location was not good and somehow I do not trust this IndiaBull compay. They are very smart and in Sec 103 everything was proposed. Builder increased price from 1900 to 2900 in a 1.5 years. How much construction completed ? Sometime I think I should have bought that and I would have been in good profit. But now I feel Gurgaon RE has become like hot stock market, very risky and very volatile. It's all in big bubble. Builder launching project without any approval and keep holding money for long time. Lot of project launched before a year have not started construction but still increased price by 30-40%.