140,171+ Members
   Get Started   Latest Posts Search Today's Posts Mark Forums Read
IREF® Real Estate in India - Property Discussion
IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Noida > Distress sales in depressed market - Noida
Like Tree22Likes

Reply
 
LinkBack Thread Tools Search this Thread
Old August 7 2013, 07:16 PM   #1
New Member
 
Join Date: Jun 2013
Posts: 28
Likes Received: 6
Likes Given: 29
Default Distress sales in depressed market - Noida

Picked up one distress sale yesterday in gurgaon and this link was instrumental for this deal.

http://www.indianrealestateforum.com...ket-62106.html

How is the distress sale market in Noida ?

If anyone knows about any distress sale in depressed market then please post here.

Thanks



Moderator's Note

No Buying/Selling Solicitations
IREF is a NOT meant for buying or selling real estate. Advertisements, solicitations for real estate services or business are strictly prohibited in threads/posts or Private Message Boards.


Links/Solicitation
Advertising goods or services related or unrelated to Real Estate, posting of affiliate or referral links, or any other form of solicitation is NOT permitted (this includes member profiles or any other publicly viewable area). Links on first post (or first couple if you're being slick) to your own site: If it's a competing website, not okay. If it's a blog entry you're referring to, that's alright. Bottom line - Don't come here to pimp your site – come here to be a member. Links to your own site, in general: Sorry. Not Allowed.

 
Old August 7 2013, 07:32 PM   #2
Member
 
zohaib2012's Avatar
 
Join Date: Aug 2010
Posts: 6,345
Likes Received: 1575
Likes Given: 1
My Mood: Cool
Default

Arrey sahab yeh kaunsa thread start kar diya yahan par....Noida forum main ''Rates down'' sunkey log 440 V ka current maarney lagtey hain. Duniya idhar ki udhar ho jaye par Noida ke rates kabhi kam nahin ho saktey (Iref pe) Yahaan log Jaypee aur 3C ke bhakt hain. BBA pe likh ke diya hai Noida builders ne...ki rates can only Go Up
 
Old August 7 2013, 07:43 PM   #3
Member
 
Join Date: Mar 2012
Posts: 208
Likes Received: 25
Likes Given: 28
Default

I don't know whether you can call it distress sale or not but underwriters in noida are selling lot of 3c and JP flats on special payment plan ( 50:50 and subvention schemes ). sector 7X builders also have lot of such offers.
 
Old August 7 2013, 08:57 PM   #4
Member
 
Join Date: Jun 2010
Posts: 138
Likes Received: 6
Likes Given: 20
Default one distres ssale

Price / Sq-ft : Rs. 7,071

Address: JP WISH TOWN 128,Sector-128
view all amenities
Bedroom(s): 3
Bathroom(s): 4
Balconies: 2
Covered Area: 2970 Sq-ft
3 BHK flat
 
Old August 7 2013, 09:34 PM   #5
Member
 
Join Date: May 2011
Posts: 177
Likes Received: 15
Likes Given: 10
Default

Quote:
Originally Posted by searchison View Post
Price / Sq-ft : Rs. 7,071

Address: JP WISH TOWN 128,Sector-128
view all amenities
Bedroom(s): 3
Bathroom(s): 4
Balconies: 2
Covered Area: 2970 Sq-ft
3 BHK flat
Which project in 128, pls give tower unit and floor details
 
Old August 7 2013, 09:52 PM   #6
Veteran Member
 
dineshsays's Avatar
 
Join Date: May 2012
Location: 'Wish'-town
Posts: 4,402
Likes Received: 1837
Likes Given: 697
My Mood: Relaxed
Default

Quote:
Originally Posted by bhuwan View Post
Which project in 128, pls give tower unit and floor details
This sounds like Kalypso Court 3 bhk + large terrace. If you are getting at this rate - it really is a good price (obviously depending on the unit) - I'd say its almost a steal. I got a call for my Kalypso unit offering 8500 (literally a few minutes back) (without any negotiation) - so this sounds too good to be true.

Please check this is not a cancelled unit as well
Attached Images
 
 
Old August 7 2013, 09:55 PM   #7
Senior Member
 
Join Date: Apr 2012
Posts: 590
Likes Received: 84
Likes Given: 43
Default

Because 3C and JP both have unlimited supply , JP even more so. 1 maango 4 milenge .

And both in 3C and JP there are tons of investors who want to exit.

Quote:
Originally Posted by sumit202020 View Post
I don't know whether you can call it distress sale or not but underwriters in noida are selling lot of 3c and JP flats on special payment plan ( 50:50 and subvention schemes ). sector 7X builders also have lot of such offers.
 
Old August 7 2013, 09:58 PM   #8
Senior Member
 
Join Date: Apr 2012
Posts: 590
Likes Received: 84
Likes Given: 43
Default

You get 4BHK in the same size in ATS OH, obviously at higher price but also a lot early possession..


Also, JP would increase super area by 10%, ATS might be a little more generous by increasing it by 5-6%.
So, you gain 4% there as well.

3BHK in 3200 sq feet in JP is a bad bad deal .

Quote:
Originally Posted by searchison View Post
Price / Sq-ft : Rs. 7,071

Address: JP WISH TOWN 128,Sector-128
view all amenities
Bedroom(s): 3
Bathroom(s): 4
Balconies: 2
Covered Area: 2970 Sq-ft
3 BHK flat
 
Old August 7 2013, 10:05 PM   #9
Member
 
Join Date: Jun 2010
Posts: 138
Likes Received: 6
Likes Given: 20
Default

Quote:
Originally Posted by bhuwan View Post
Which project in 128, pls give tower unit and floor details
Yes its Kalypso Court 3 bhk + large terrace
 
Old August 7 2013, 10:12 PM   #10
Veteran Member
 
dineshsays's Avatar
 
Join Date: May 2012
Location: 'Wish'-town
Posts: 4,402
Likes Received: 1837
Likes Given: 697
My Mood: Relaxed
Default

Quote:
Originally Posted by searchison View Post
Yes its Kalypso Court 3 bhk + large terrace
I'd say definitely find about this - the large terrace has a great view of the eWay on one side and the GC on the other - and top notch specs. Possession by 2014.

Mention the unit etc and I can help suggest if it is a good unit, just check at the outset it is not a cancelled unit or anything like that.

The actual plan is a little better than the one I posted (just not available in the public domain).

The 4 bhk in Kalypso is at 3300-3500 sq ft area - again a very airy, very nice plan

7100 is a great great price to enter

See the attached picture - the units above the bridges are the 2900 sq ft units
Attached Images
 
 
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
Distress sales in depressed market of Gurgaon
Amrapali Inventories Availaible Best Prices-Super Distress Sales By Channel Partner
No Distress Sales in NCR Real Estate
Distress Sales in Chennai-
Did you smell the rat? List of distress asset in Noida


Tags
depressed, distress, market, noida, sale, sales
".Noida.", ".Uttar Pradesh."India