sanjaykumar

Vikram,

To my knowledge, Initially (2-3 years ago), Satya group has owned that land (on by pass) but they were not able to sell that due to some reason (I believe, price was very high at that time). Just 1 year back, Global spaces has taken over the ownership from Satya on the same land. And, it has offered to potential customers on market price. I also heard that they were able to sell many plots.

Krazy Yuppie

In Hisar only HUDA plots have future.Keep away from builders.They are really flop in Hisar.

Krazy Yuppie

What are current rates of HUDA plots of 160,250 and 350 sq yd in sectors 9/11 and 1/4 at Hisar

Rohit.Seth

In Hisar there are a couple of private builders and all are doing pretty good, of-course the HUDA plots are more considered but even colonies launched by private builders are appreciated and trusted by the locals. Global Spaces in the last 9 months have successfully sold approx 40% of their township, lot of investors, end users and brokers have benefited in real estate with Global Spaces.

Rohit.Seth

I have been made to understand that HUDA plots in sectors 1, 4 3 & 5 have announced enhancement of 2500 per sq yards. I think plots rates are between 18000 - 22000 in these sectors depending on plots size and location.

Regards

Krazy Yuppie

What are current rates of plots in Global spaces bypass road Hisar.
Builder having some unsold inventory or these are resale rates

pavasbh

Hi Krazy,

You are right, in areas like Hisar and Hansi, one should only evaluate plots from HUDA if their whole sole purpose is investment. Projects from other builders have no future.

You can also evaluate Hansi plots offered by HUDA for investment purpose.

But, first clear me your purpose- Investment or end user.

Krazy Yuppie

My purpose is dual.I am interested as an investor as well as end user.HUDA plots in Hansi are not worth,location wise as well as appreciation potential.

Rohit.Seth

There is a bit of stagnancy in real estate in the entire Hisar at the moment and according to experts this would go on till August end. The prices have not fallen but there is a bit of stand still. Also i have been told that there has been an enhancement of 2500/- per sq yards in some sectors. There are also rumors that CM would be announcing a new bigger bus terminal at the by pass by August 10th...........

regards

Krazy Yuppie

Announcement of new bus terminal is not going to increase the HUDA plot rates.Enhancement in Sector 1,4 will marginally affect rates.There is urgent need of price correction in Hisar plot rates.