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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Mumbai > PARADISE CITY BY HDIL AT PALGHAR
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Old December 13 2010, 01:52 PM   #1
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Default PARADISE CITY BY HDIL AT PALGHAR

Booking has started on 10th Dec 2010 for 1st Phase of Paradise City a project of HDIL at Palghar West. It is a project of 20000 flats consisting of 1BHK and 2BHK. I heard from some people who had been to the project site on the opening day of the booking that there was phenomenal rush and demand for booking of the low cost flats.
Anybody who has booked any flat or can shed some light on the project would be highly appreciated.

 
Old December 13 2010, 02:25 PM   #2
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Quote:
Originally Posted by murlidar View Post
Booking has started on 10th Dec 2010 for 1st Phase of Paradise City a project of HDIL at Palghar West. It is a project of 20000 flats consisting of 1BHK and 2BHK. I heard from some people who had been to the project site on the opening day of the booking that there was phenomenal rush and demand for booking of the low cost flats.
Anybody who has booked any flat or can shed some light on the project would be highly appreciated.
What psf rate are they quoting?
 
Old December 13 2010, 02:38 PM   #3
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The rate is around Rs.1885/= per square feet. See page five of Economic Times Mumbai version online at e-paper Sign-in
of 13-12-2010. The price of 1BHK starts from 7.43 to 10.20Lacs. and 2BHK from 12.33 to 12.61 lacs.
 
Old December 14 2010, 02:38 PM   #4
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Anybody can share their experiences on HDIL Paradise City at Palghar? I have come across several reports on the internet on other forums about fantastic demand for this project at Palghar. I am enclosing a link to one such forum where aperson has quoted his personal experience Moneycontrol.com >> Messageboard >> Stocks >> HDIL >> Paradise City at mega township at Palghar of 20000 flats.
 
Old December 15 2010, 03:47 PM   #5
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Icon21 No response to call

looks like all apts are sold and HDIL guys are busy enjoying!!!
 
Old December 15 2010, 04:38 PM   #6
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Believe me,They have no time to attend to calls as the people are standing in que to book flats. Seems the first phase will get sold out by the end of this week.

I had personally gone to the Palghar site to check out the place and was amazed at the response. I personally ended up booking a flat. The complex consists of 20000 flats and is likely to become a landmark due to it being on the West and close to the railway station. It is only a matter of time before railway service from churghgate to Dahanu will start.

The 2BHK flats were sold out on the first day itself by 12 pm. Seems that Low cost housing has still tremendous demand. Unlike the hype of the navi mumbai airport driving up prices in and around panvel, the prices here seem reasonable (1885/=persqfeet).
 
Old December 15 2010, 07:16 PM   #7
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Congrats! for your boooking. Can you share more info like
1. Area of 1 BHk (their website does not mention this)
2. Payment plan/schedule
3. Floors in each building
4. possession date
5. Initial payment required
etc.

Also as per map on their website is seems to be very big area i guess distance between one to to other will be 2 kms( just my guess from map); so which side is the pahse one near to station or the other side.

Any other info that you think is helpful
 
Old December 15 2010, 08:11 PM   #8
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1) Area of 1RK is 315.
2) Area of 1BHK varies from 390, 430, 490, 495, 540
3) Area of 2BHK 655, 670

No of floors is ground + four.

Payment is approximately 7% on booking, 13 % after 45 days and remaining in eight instalments of 10% each depending on construction activity.

Possession date is approximately 15 months.

On their website the area of the fist phase is marked in yellow rectangle and only a part of the entire project is shown. The full area is shown as a miniature in green at the bottom next to the railway line. Welcome to HDIL Creating Value
 
Old December 16 2010, 11:30 AM   #9
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Quote:
Originally Posted by murlidar View Post
1) Area of 1RK is 315.
2) Area of 1BHK varies from 390, 430, 490, 495, 540
3) Area of 2BHK 655, 670

No of floors is ground + four.

Payment is approximately 7% on booking, 13 % after 45 days and remaining in eight instalments of 10% each depending on construction activity.

Possession date is approximately 15 months.

On their website the area of the fist phase is marked in yellow rectangle and only a part of the entire project is shown. The full area is shown as a miniature in green at the bottom next to the railway line. Welcome to HDIL Creating Value
Thanks for all the info. Planning to visit them this weekned.
Do they have any facilities from Mumbai/Borivali etc?
 
Old December 16 2010, 11:55 AM   #10
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Not from Borivali, Not that I know of, ( I had gone by car took 100 minutes from Dahisar east toll booth) but on my visit to the site, I noticed their Paradise City bus going up and down to the Palghar station during the train/shuttle timing. This according to their advertisement is going to be a permanent feature.

Please visit the sample flats at the site and let me know your opinion / experience after your visit.
 
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