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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Faridabad > Piyush Height, Sector 89, Greater Faridabad
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Old December 1 2009, 08:07 PM   #1
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Icon18 Piyush Height, Sector 89, Greater Faridabad

Hello All,

My broker has sent me the COST SHEET OF PIYUSH HEIGHTS SEC 89, 2 BR 1164 SQFT FARIDABAD

THE PROPERTY IS AVAILABLE IN RESALE
PROJECT IS UNDER CONSTRUCTION

The approx asked price is about 22 lakhs.

Please suggest if this is a feasible buy.

 
Old January 5 2010, 02:01 PM   #2
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This is a good opportunity for you to buy a flat in Sec-89 Piyush Heights, Fardibad, coz. all the flats have already been booked and the booking is closed now.. I would like to tell you that this project is so late but is the best amongst all the similar projects in Sec-89. Construction is on full swing and they would be giving possession in 2010 - Oct.. Earlier there was no premium on this but currently there is a premium of about 2-3 lacks which is expected to be near about 10-lacks in next few months coz. the highway is passing nearby, badarpur flyover is almost done, road widining work will be started soon.. Sec-89 in Faridabad is going to rock in 2010....There is a good potential in this area and it will be developed as a high profile residency in very near future.
 
Old January 3 2011, 05:55 AM   #3
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Do you have any update on the possession of Piyush Heights in Faridabad?
 
Old January 3 2011, 06:28 AM   #4
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Sector 89 is highly dependent on FNG Expressway and there are contradictory reports about that road.

All projects of Sector 89 which includes Ferrous Floors as well facing the same fate, so once sector road's work starts in Sector 89 even if FNG expressway does not happen the premiums would rise.

I feel even sector 89 would become livable in less than 18 months.
As the builders are offering possession families have started moving in as most of them are end users and with rising interest rates servicing emi as well as rent becomes real pain for most of the people who are in job.
We Indians are known to compromise with any situation thus once Ferrous, SRS, RPS, Piyush or any of these offer possession believe me the population will start flowing in with a steady pace.
So, if you are looking for something for your end use and ready to adjust for atleast one year in terms of some amenities you would not regret your decision of moving to Greater Faridabad as the savings would not less than 10 lakhs in any comparable projects in G Noida, Manesar or some remote area of Sonepat.

Rohit
 
Old January 4 2011, 06:17 AM   #5
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If someone have patience of at least 2-3 years then greater Faridabad would work for them. But as Rohit said - it is not a bad investment at all looking at how cheap the rates are.

Some of the projects close to possession are BPTP princess park, Omaxe Height, RPS Savana, Piyush Heights, Puri Prayanam etc. Pick where ever you are getting a good deal and stick with it and things would work out fine after couple of years.

Good Luck!
 
Old February 26 2011, 07:27 PM   #6
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Why is this thread so quiet. Is the Piyush Heights project going alright? Heard it has appreciated a little in the last couple of months. Any information or thoughts would be highly appreciated since I own a 3 BHK apartment there.
 
Old February 27 2011, 05:30 PM   #7
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Yes, everything is going fine with Piyush Heights and few of the towers are close to possession within next 4-6 months. Piyush heights have appreciated in this belt, like all other projects that are close to possession. Stick with it for now...
 
Old February 27 2011, 05:40 PM   #8
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Quote:
Originally Posted by amit1980 View Post
Why is this thread so quiet. Is the Piyush Heights project going alright? Heard it has appreciated a little in the last couple of months. Any information or thoughts would be highly appreciated since I own a 3 BHK apartment there.
No news is a good news things are moving in right direction at a right pace - I was in that area yesterday morning and all iz well

rohit
 
Old February 27 2011, 07:14 PM   #9
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Is anyone aware if it is easy to sell Piyush Heights apartment and at what price. When I saw these apartments 5 months back it appeared to me that the towers are extremely close to eachother and it might get claustrophic I am therefore thinking if I can sell this apartment and buy somewhere else
 
Old March 1 2011, 07:41 AM   #10
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Try some RE websites where you can put an ad for your property. You should be able to get a decent premium as it is close to possession.
 
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