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Old 08-02-10   #1
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Default Gaur Grandeaur Sec 119 Ph II

Hi Fellow members,

I've recently booked a flat in Gaurs Sec 119, Phase II.
Chose it over others because of the following
Optimal space utilization.
Good price 2775 for 7th Floor.
Reputation of the builder
Anticipation that possesion will be earlier than the other builders in the vicinity

I am in double thoughts if I've made the right decision.
I searched the forum but could not find any reports against the builder. It is my first RE purchase. What do you think is it a wise decision? Could I have got a better deal elsewhere?
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Old 09-02-10   #2
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Once u made a Decision.. Stop worrying. U have made good choice & right pricing. Now hope for the best ( possession in Time & Good Construction Quality)
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Old 09-02-10   #3
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I know - did a lot of research before making the call, this seemed to be the best bet....btw does someone have a proposed plan of he FNG ??? I mean where it starts, where it will merge into the noida-gnoida ex-way etc?
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Old 09-02-10   #4
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I am also planning to book into Gaur grandeur Phase-II but I have following concerns:-
- It has time bound plan instead of linked with construction
- Builder is not marketing it in public. He is selling at very slow pace. In ~2 months, he has sold only ~20-25% (this is what he told) so if he does not sell at least 75%, would he start construction? I am not getting confident if he would give timely delivery.
Why he is not doing marketing (thru newspaper, internet etc)

Also, it would be G+20 so high loading.

I have to choose between Ajnara Phase-I (possession Dec'11) vs Gaur Phase II (Apr'12). Please suggest which is a better option. Ajnara is around 6 lacs more in 3 bedroom flat and location wise, I think Gaur is better because 6-7 projects are getting built there.

Please suggest. I have to decide in a day or two.
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Old 09-02-10   #5
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Did you looked at option of new Sector-76 launch by Amrapali (Silicon city). It seems to be much closer to the developed sector like 50 but with a slight premium price over Grandeur.
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Old 09-02-10   #6
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Quote:
Originally Posted by parasjain View Post
I am also planning to book into Gaur grandeur Phase-II but I have following concerns:-
- It has time bound plan instead of linked with construction
- Builder is not marketing it in public. He is selling at very slow pace. In ~2 months, he has sold only ~20-25% (this is what he told) so if he does not sell at least 75%, would he start construction? I am not getting confident if he would give timely delivery.
Why he is not doing marketing (thru newspaper, internet etc)

Also, it would be G+20 so high loading.

I have to choose between Ajnara Phase-I (possession Dec'11) vs Gaur Phase II (Apr'12). Please suggest which is a better option. Ajnara is around 6 lacs more in 3 bedroom flat and location wise, I think Gaur is better because 6-7 projects are getting built there.

Please suggest. I have to decide in a day or two.
My opinon might be a little biased here - but here are my 2 cents
a - Yes there is only a DP/Flexi/Installment plan, no CLP, there is an element of risk here.
b - Total no of floors are G+20, which is true for almost all the new launches, but the earlier number of towers were 14(Ph 1).
c - I am not sure if the number of flats sold till date are only 25%. When I tried getting a booking in G- 58 block, I had a tough time finding one suiting my needs. btw - are the bookings open for G block or rest of the blocks as well?
d - Gaurs is not very well known for it's flashy ads or aggressive marketing, when the phase I was also launched, they did not have much of marketing that time.
e - Since this is Ph II, folks in Phase I will start getting posession by Dec 2010 or by mid next year - so I expect most of the initial problems associated with a project to be sorted out by the time posession for Ph II is handed over.
f - Since there are other projects in the same sector (Amrapali, Eldeco, Gaur and 1 more) and all of them are in fairly advanced stages of construction expectation is that this sector will have the other noida authority ameneties (Shops etc if any earlier than the other sectors) which is a good thing if you are planning to sell it off when you are handed over the posession.

I ruled out exp-way projects because I felt that it wasn't suitable option for me, I'd rather stay out Amrapali projects after coming to know about their construction quality, so the only option left out was Sec 121, Sec 119, Sec 120.

Sec 75-76 will take a long time to develop & deliver and they will again be G+20-25 so that too wasn't an option for me.
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Old 10-02-10   #7
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I think you have nothing to worry. To me he looks much better that others.
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Old 11-02-10   #8
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Rajeev,

In which plan you booked the apt? Also is 2775 is all inclusive?

Thanks
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Old 12-02-10   #9
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Booked in Flexi Plan, yes 2775 is all inclusive (Incl the PLC of 7th floor).
Only extra is IFMS of 20 Rs.
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Old 12-02-10   #10
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Default Status of Various Sec 119 Projects

Took this from another thread by sanjeevchaudhari
Benefits of this sector - ]http://www.indianrealestateforum.com/p-amrapali-platinum-post45337/postcount54.html[/URL]


Sector119.jpg
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