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Old August 30 2012, 01:24 PM   #431
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Icon18 Vanalika investor (Unit in T10)

Hi,

I have invested in a unit in T10 (1730 sq ft) @3900 in Feb, 2012. I have paid three installment till now under CLP. Now, the broker is offerring a resale price of 4400-4500/- sq ft.

Is it a good price or shall I wait for a few more months and the resale price might increase. The broker told me that resale price will be the same for the next one-year and I shouldn't delay my decision further if I want to sell my unit at Vanalika. Has the resale price stabilized or are there chances of it increasing further and I should wait BUT that will also mean shelling more money for further installment (I haven't taken a loan as of yet but will need it from 5th installment onwards)..??

Also if anybody has any information on the excavation status of T10, I heard that excavation for T11 and T12 has started.


thanks

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Old August 30 2012, 01:30 PM   #432
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Quote:
Originally Posted by DReemz View Post
Hi,

I have invested in a unit in T10 (1730 sq ft) @3900 in Feb, 2012. I have paid three installment till now under CLP. Now, the broker is offerring a resale price of 4400-4500/- sq ft.

Is it a good price or shall I wait for a few more months and the resale price might increase. The broker told me that resale price will be the same for the next one-year and I shouldn't delay my decision further if I want to sell my unit at Vanalika. Has the resale price stabilized or are there chances of it increasing further and I should wait BUT that will also mean shelling more money for further installment (I haven't taken a loan as of yet but will need it from 5th installment onwards)..??

Also if anybody has any information on the excavation status of T10, I heard that excavation for T11 and T12 has started.


thanks
Broker is lying to you. Rates will increase but gradually.
If you can stay till possession you will get handsome returns.
Or you can sell Vanalika now and do profit booking. Gain of 600 Rs psf. And book some other property in launch / pre launch stage.

Calculate your ROI and take a goal based sell decision. That will make it objective and easy.
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Old August 30 2012, 02:15 PM   #433
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Quote:
Originally Posted by DReemz View Post
Hi,

I have invested in a unit in T10 (1730 sq ft) @3900 in Feb, 2012. I have paid three installment till now under CLP. Now, the broker is offerring a resale price of 4400-4500/- sq ft.

Is it a good price or shall I wait for a few more months and the resale price might increase. The broker told me that resale price will be the same for the next one-year and I shouldn't delay my decision further if I want to sell my unit at Vanalika. Has the resale price stabilized or are there chances of it increasing further and I should wait BUT that will also mean shelling more money for further installment (I haven't taken a loan as of yet but will need it from 5th installment onwards)..??

Also if anybody has any information on the excavation status of T10, I heard that excavation for T11 and T12 has started.


thanks
Ask the broker whether he has told the buyer about rate stagnation.
akash.g likes this.
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Old August 30 2012, 02:32 PM   #434
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Obviously bro.. Broker ne bataya hoga buyer ko.. Thats why he is offering 4500..
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Old August 30 2012, 10:17 PM   #435
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First floor flat in T-2 sold by someone known to me last week. Buyer paid 4600+50 comission on 30 days payment time. You still find desperate deals for flats on Amrapali side. Not so good locations are selling around 4400 but good locations are selling at 4600. There is more demand of bigger sizes. Out of 800 flats only 48 are of 2650 size and 48 flats are 3400 sqf size. Other 700 flats are 1405 and 1730 sqf.
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Old September 6 2012, 09:04 PM   #436
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T12 - Basement-1 upper slab
T11- Escavation started
T10- Escavation will start after T11
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Old September 12 2012, 10:29 AM   #437
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Willing to buy 1405 sq ft any body interested in selling their 'disputed park' facing flats.

Preference - Middle Floor
Lower the premium (read black component) higher the interest - Since, ours is an all tax paid amount

CLP preferred
Decent rate no such 4800-5500 sqft rates...
Genuine Sellers please PM me for it.

I understand that buying/selling is banned in this site but since so many sellers have expressed their will to sell flats in this post - I too am taking a chance....
Hope I don't get banned for this
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Old September 13 2012, 01:15 AM   #438
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My cousin is selling his 1405 sqf. He was offered 4700 Rs but he will not sell below 4800. Please tell if anyone is interested. Only pm please , do not write on open forum.
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Old September 13 2012, 01:38 AM   #439
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Quote:
Originally Posted by karannoberoii View Post
My cousin is selling his 1405 sqf. He was offered 4700 Rs but he will not sell below 4800. Please tell if anyone is interested. Only pm please , do not write on open forum.
r u guys serious ? y is it that everytime i visit indianrealestate forum i feel i am in a different world ? just yesterday i was in that sector and i cudnt find any reason for rates to increase so much ? just few months back they were abt 4000 rs per sq ft and now people here r quoting 4700 4600 and 4800 ? who is buying at these rates ? the person who is buying doesnt realise that he is buying at 10 lakhs+ more rates than what were prevelant just a couple of months back with no change in ground reality ? its not as if that during these months there has been an announcement of an airport or a taj mahal being built in sector 107. then y such huge jumps in price ? has anyone ever thought of reason ? with so many tal buildings all over 110+ sectors of noida who will live in all of these ? and then indirapuram and then NE .. my god so many flats.. flats everywhere.. and prices increasing as if some goldmine has been found in 1 month ? meanwhile people r still willing to sel it for 4500-4600 per sq ft as per different property sites (september 2012 postings). am sure if sum serious buyer bargains he/she will get it for much cheaper than 4500.. may b abt 4200 or even less..
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Old September 13 2012, 12:49 PM   #440
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Originally Posted by ruchika1 View Post
am sure if sum serious buyer bargains he/she will get it for much cheaper than 4500.. may b abt 4200 or even less..
I would really like to know the bargaining tactics of this serious buyer. Please do let me know.
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