neromancer

Guys

how is the future of kharghar sector 10 as it is the only sector being developed near to station and highway.....

also these days we are getting carpet area much less than saleable area....we get only 400 sq ft carpet in 640 saleable.....should we go forward with the deals???

geeee

as far as I know, nothing special is coming up in sec-10. sec-7 is the best and sec-21 and surrounding sec's are going to develop a lot in the near future. but, if sec-10 is what suits u since its close to the highway and station then, go with that.

smarty0074

Gee just a quick question , how about sector 35 ? would it be worth investing there 4000 psf ?

jia001

I think 4000 is too much. 3000-3400 is the right price. The prices are at their peak, Either invest with 10 years in mind, or wait and take a risk of 5-10% appreciation/depreciation.
I believe there will not be many buyers till October.

geeee

If I'm not wrong, Sec-35 is the one where the CISF thing is. That area is a bit secluded and I do think it will develop in the future but, it could take about 5 years before enough people actually come to live there and there is some activity. Also, it's the furthest away from the station and at the moment connectivity (public transport) isn't that great. So, whether ur investing or planning to stay urself u need to keep that in mind. 4000 is the going rate for that area I think however, if ur investing I don't think u'll see much appreciation atleast for the next 5 years (the real issue I think won't be the market price but actually finding buyers, there is a lot of supply coming up in that area and not as much demand at the moment). For investment and staying urself, u'll be much better off paying 500 psf more (maybe less) and finding something close to sec 21.

donkeykong

Guys,

Sector 35 is an excellent bet right now. 2 reasons, there is golf course coming up and there is central park which is very very clost to sector 35. 4000 is the running rate and if you get an opportunity jump on it.
I can guarantee that this is going to up to about 5000 - 6000 per sqft in the next 2 years

geeee

the central park is between sec-21 on one end and sec-35 on the other. The golf course is between sec-6 (&21) and the Tata Hospital (sec-35 maybe). As I said Sec-35 is pretty much inhabitable at the moment. It's like staying in a village. As per me the difference between Sec-21 and Sec-35 (price wise) isn't too much. The advantage with Sec-21 is that you have shops etc close by (Reliance Fresh, Spinach and a few malls), quite a few schools as well. There are already quite a few people staying in the area. There are more buses from there and autos are available as well. So, if you are going to stay there you can move in almost immediately, if you are investing, it'll be easy to sell. What the price will be 2 years from now, well that's anybody's guess and I'd rather not speculate on that.

donkeykong

The difference betwee Sector 21 and Sector 35 is hardly a couple of miles. Living near a station is like living in the most crapiest area of town. You dont want a view of the sabji mandi's from you balcony. What you want is fresh air when you open your freaking balcony. Of what I hear Sector 21 is not bad but a lot of investors are moving away from Sector 21 towards 35, I know about 20 people who bought flats in Sect 35 about 6-8 months back at an asking rate of 3200, and now in it's shot up to 4000. Sect 21 has remained constant. If you talk to some of the top realtors of the area the first thing they would recommend is sector 35. It's a fine bet and I am not speculating anything, it's a fact that Sector 35 has gone up significantly in the last 6-8 months, if this continues to happen its very likely that it may reach 5000-6000 in 2 years. That's a given.

geeee

well in that case u probably haven't been to sector 35. all u'll see from ur balcony is brick kilns and the area is next to small industrial units so I doubt u'll get any of that fresh air when you open your freaking balcony. also, sec-21 is by no means next to the station, and as far as I can recollect, a view of the sabji mandi is not something that I have come across next to any station in New Bombay (that's more of a mumbai thing). it's true that the prices are at about 4k and were at 3.2k (in 08) but, there is nothing special happening in sec-35 which would make it a preferred destination over sec-21 so even if prices go to 5-6k as you say, I'm sure sec 21 would command the same or more. (also the prices in sec-21 were sub 4k as well in 08 and they have increased since).

PS: I personally have no interest in either of those two sectors.

MPrabhakar

I found a few interesting projects in sector 35. Looking at this thread, I found there was argument between sector 21 vs sector 35.. I don't want to compare but since I have never been to Sector 35 before, can anyone give me a literary glimpse of that area, I would really appreciate.