Orior Developers Bhaskar Enclave II - Page 2 - Indian Real Estate Forum

a9saxena · 07-12-11

Dear Friends,

I bought two plots in bhaskar encl - 2. I have paid full amt due to the builder but don't know what to do further. should i register or sell. i don't intend waiting for next 5 - 7 yrs which is what most of the brokers also quoted when i called them. It seems there are no takers for this project at this point in time. Also with another recession round the corner I wonder how markets will react in Jaipur.

Anyone staying in Jaipur could guide us better on this.
Expert comments / suggestions welcome.

Amit

Veeru Dada · 21-02-12

Hi ! can anyone tell me the status of Bhaskar enclave 2. What is the prevaling rate? I might be visiting this site on sunday... so can any one tell me how to visit this place from the railway station or bus station.

Thanks in anticipation.

vkgupta4 · 21-02-12

There is not much appreciation happend on Tonk Road, Jaipur in last 4 years. All unapproved properties are still in the range of Rs 2200 to 2600 per Sq Yard.

There is plan of ring road which is going to connect all major roads of Jaipur. This project is planned to complete in 2014. (Lets hope !!).

I do not see much appreciation in Tonk Road project in next 5 years..Let us hope for the best.

Veeru Dada · 21-02-12

Quote:

Originally Posted by vkgupta4

There is not much appreciation happend on Tonk Road, Jaipur in last 4 years. All unapproved properties are still in the range of Rs 2200 to 2600 per Sq Yard.

There is plan of ring road which is going to connect all major roads of Jaipur. This project is planned to complete in 2014. (Lets hope !!).

I do not see much appreciation in Tonk Road project in next 5 years..Let us hope for the best.

thanks for the information. But bhaskar enclave 2 is completely legal as registries are being done. Few brokers have told me the rate to be Rs. 4000/sq yard. Is it true?

vkgupta4 · 22-02-12

JDA Organized camps to issue JDA Patta in Bhaskar Enclave. Property brokers are mentioning price of 4000/- Sq yard for the plot for which JDA Patta is issued.

Regrading Broker thing, I can bet if you contact a broker then he will not be able to provide you a deal for 4000/- per sq yard.

There are many projects just opposite to the shivdaspura station (near to rign road) where projects have plots for 3000/- to 3500/- per sq yard.

I can see a ray of hope if there is change of government. But then there is long way for election (sometime in end of 2013).

Veeru Dada · 23-02-12

Quote:

Originally Posted by vkgupta4

JDA Organized camps to issue JDA Patta in Bhaskar Enclave. Property brokers are mentioning price of 4000/- Sq yard for the plot for which JDA Patta is issued.

Regrading Broker thing, I can bet if you contact a broker then he will not be able to provide you a deal for 4000/- per sq yard.

There are many projects just opposite to the shivdaspura station (near to rign road) where projects have plots for 3000/- to 3500/- per sq yard.

I can see a ray of hope if there is change of government. But then there is long way for election (sometime in end of 2013).

What is patta? Is it same as registration.

vkgupta4 · 23-02-12

Patta is Lease. JDA Issues lease if the project fulfill all JDA requirement.

Veeru Dada · 15-04-12

I have heard that there is 100 ft road construction started which will pass at the back side of bhaskar enclave and running parallel to tonk road. Also the toll plaza is coming near to bhaskar enclave.
Is this true and will this increase the price of the area?

vkgupta4 · 20-04-12

Yes. There is a bypass road of 100 feet is planned and work is going on. This will definitely increase value of the property but very limited.

Jaipur Property market is very different than any other Metro city like Bangalore, Pune, Mumbai, NCR etc. There is not much service industries are there. As compared to other roads, Tonk road properties have less appreciation. Do not expect appreciation on this road until some big development like ring road completion or metro work happens.

I would say that it will take another 5 years for decent appreciation on Tonk road..

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07-12-11	#11
a9saxena New Member Join Date: Apr 2011 Posts: 18 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Dear Friends, I bought two plots in bhaskar encl - 2. I have paid full amt due to the builder but don't know what to do further. should i register or sell. i don't intend waiting for next 5 - 7 yrs which is what most of the brokers also quoted when i called them. It seems there are no takers for this project at this point in time. Also with another recession round the corner I wonder how markets will react in Jaipur. Anyone staying in Jaipur could guide us better on this. Expert comments / suggestions welcome. Amit

21-02-12	#12
Veeru Dada Member Join Date: Aug 2011 Posts: 362 Thanks: 33 Thanked 26 Times in 22 Posts	Hi ! can anyone tell me the status of Bhaskar enclave 2. What is the prevaling rate? I might be visiting this site on sunday... so can any one tell me how to visit this place from the railway station or bus station. Thanks in anticipation.

21-02-12	#13
vkgupta4 New Member Join Date: Dec 2011 Posts: 27 My Mood: Thanks: 1 Thanked 8 Times in 8 Posts	There is not much appreciation happend on Tonk Road, Jaipur in last 4 years. All unapproved properties are still in the range of Rs 2200 to 2600 per Sq Yard. There is plan of ring road which is going to connect all major roads of Jaipur. This project is planned to complete in 2014. (Lets hope !!). I do not see much appreciation in Tonk Road project in next 5 years..Let us hope for the best.

22-02-12	#15
vkgupta4 New Member Join Date: Dec 2011 Posts: 27 My Mood: Thanks: 1 Thanked 8 Times in 8 Posts	JDA Organized camps to issue JDA Patta in Bhaskar Enclave. Property brokers are mentioning price of 4000/- Sq yard for the plot for which JDA Patta is issued. Regrading Broker thing, I can bet if you contact a broker then he will not be able to provide you a deal for 4000/- per sq yard. There are many projects just opposite to the shivdaspura station (near to rign road) where projects have plots for 3000/- to 3500/- per sq yard. I can see a ray of hope if there is change of government. But then there is long way for election (sometime in end of 2013).

23-02-12	#17
vkgupta4 New Member Join Date: Dec 2011 Posts: 27 My Mood: Thanks: 1 Thanked 8 Times in 8 Posts	Patta is Lease. JDA Issues lease if the project fulfill all JDA requirement.

15-04-12	#18
Veeru Dada Member Join Date: Aug 2011 Posts: 362 Thanks: 33 Thanked 26 Times in 22 Posts	I have heard that there is 100 ft road construction started which will pass at the back side of bhaskar enclave and running parallel to tonk road. Also the toll plaza is coming near to bhaskar enclave. Is this true and will this increase the price of the area?

20-04-12	#19
vkgupta4 New Member Join Date: Dec 2011 Posts: 27 My Mood: Thanks: 1 Thanked 8 Times in 8 Posts	Yes. There is a bypass road of 100 feet is planned and work is going on. This will definitely increase value of the property but very limited. Jaipur Property market is very different than any other Metro city like Bangalore, Pune, Mumbai, NCR etc. There is not much service industries are there. As compared to other roads, Tonk road properties have less appreciation. Do not expect appreciation on this road until some big development like ring road completion or metro work happens. I would say that it will take another 5 years for decent appreciation on Tonk road..