Originally Posted by dsp23dsp

Hi All,
Can you please let me whats' the current market prices running in this area (like Sector 30G), as planning for one at Arihant Anaya or something similar in that area, say like amenities/facilities.

Also what's the current status of International Airport in that area.

Thnx in advance.

Originally Posted by geeee

i don't know on what basis you state that the prices have been escalated by the builders. In fact i think most builders who bought land in kharghar around 2007 are barely making money. Plots in kharghar were sold for as high as 1 lakh per square meter. The usualy fsi is about 1.5. If i got the numbers right, just the cost of land for those plots is about 6200 psf add to that 1000 psf (minimum) for construction. The cost for the builder is in the region of 7500 psf. The current prices in kharghar are generally around 4000-4500 psf (maybe upto 5000 psf for certain projects). At those rates the plots purchased at 1 lakh per square meter will never make money. And even if you consider those as aberrations (those were commercial plots), i think even the residential plots were sold around 30k-60k per square meter. Just the cost of land and the cost of construction for the builders for plots purchased around 2007 should be about 3000 psf add to that the cost of capital (whatever the builders borrowing cost was ~14% maybe) and other expenses. After you factor all those, the profits aren't that huge. In my opinion its unlikely prices in kharghar can fall much lower than where they are currently (if they do fall).

Originally Posted by smarty0074

well i think it should not be less than 3.5k to 4k psf

Originally Posted by NMD123

if you search and put effort really you will get in 3000-3100 range, i like best project as simran sapphire which is around 3000 psf, sector 34 corner building with all amenities

Originally Posted by rajeshswaminathan

hi anyone heard abt this builder cald galaxy group..they are constructing a building in sec 10 kharghar with all amenities minus the pool ..can anyone give me the prevailing rate there?i am getting a quote of 4200 psf.is it worth investing in that place if i get a decent bargain

Originally Posted by udi1005

Sector 10 is one of the happening sector in Kharghar because of it's proximity to the station & other big on going projects in that area. The rates currently quoted by builders in a near completion project is around 5k. Nebula is offering only 2 & 3 bhk apartments in the tower. The crowd in sector 10 will be a upper middle class crowd. If you can negotiate further, it will be a very good investment.