Announcement

Collapse
No announcement yet.

Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

Collapse
X
Collapse

Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

Last updated: September 14 2017
45 | Posts
  • Time
  • Show
Clear All
new posts
  • #11

    #11

    Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

    Originally posted by jatinderchd View Post
    Diwine world is not in GMADA sectors, 17K psy is not a good investment if you can get at same rate in a GMADA sector(Sec 115/124).

    You will get the same area better location possessionable villa in 60L in the same sector. Why to wait for unknown time for the villa which will be offerred in some date in future !!
    Are you sure divine is not in sec 115 ? They hav been showing sec 115 in their map. Their location is just behind ansal. I was seriously considering Exit frm shiwalik valley plot and entering divine at cheaper rate. I feel rate can be broken till 16k on seat. I m looking for end user prospectice. What say'

    Comment

    • #12

      #12

      Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

      Better you prefer JTPL in Sec 115, GMADA Approved project and developer is now start offering possession. Plots are in the range of 15K to 20K depends upon location

      Originally posted by Eshtyle_Raja View Post
      Are you sure divine is not in sec 115 ? They hav been showing sec 115 in their map. Their location is just behind ansal. I was seriously considering Exit frm shiwalik valley plot and entering divine at cheaper rate. I feel rate can be broken till 16k on seat. I m looking for end user prospectice. What say'

      Comment

      • #13

        #13

        Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

        Originally posted by Eshtyle_Raja View Post
        Are you sure divine is not in sec 115 ? They hav been showing sec 115 in their map. Their location is just behind ansal. I was seriously considering Exit frm shiwalik valley plot and entering divine at cheaper rate. I feel rate can be broken till 16k on seat. I m looking for end user prospectice. What say'
        Someone in the group pointed out some day that diwine plots are not in sector 115, please check the previous threads, I might be wrong !! BTW, for end user purpose, Shivalik/Gillco is a better bet within sec 115, IMO !!

        Comment

        • #14

          #14

          Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

          Originally posted by yash251 View Post
          Better you prefer JTPL in Sec 115, GMADA Approved project and developer is now start offering possession. Plots are in the range of 15K to 20K depends upon location
          I am looking for plot less than 18K. I am already having 125 sqyd @18K in Shiwalik Valley (which I want to exit if I get same option with less price within sector 115). I am not sure if JTPL has 125 Sqyd and less than 18K. If you know any contact, please share.

          Originally posted by jatinderchd View Post
          Someone in the group pointed out some day that diwine plots are not in sector 115, please check the previous threads, I might be wrong !! BTW, for end user purpose, Shivalik/Gillco is a better bet within sec 115, IMO !!
          Here is their project layout

          http://property..com/microsite/buy/o...ite%20Plan.pdf

          I know Shivalik/Gillco is better bet, I am looking for a cheaper and safe option within sector 115 for end use. That would make my EMI burden somewhat light. If not, I would stay with Shivalik Valley plot.

          Comment

          • #15

            #15

            Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

            Some help please

            I was just wondering what a 500 yd plot in Ansal would cost? A friend is selling one for which I think possession has already been given. He's selling below apparent market rate, with his only condition being full payment at one go.

            Comment

            • #16

              #16

              Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

              Originally posted by SatinderChd View Post
              I was just wondering what a 500 yd plot in Ansal would cost? A friend is selling one for which I think possession has already been given. He's selling below apparent market rate, with his only condition being full payment at one go.
              He is smart to exit the market at the right time. Everyone will see the advantage of his smart move later on in the year when all the sales come to a grinding halt and there will be desperation all around. He will then have cash in his hands to buy a similar plot at a much lower rate again.

              Comment

              • #17

                #17

                Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

                Haha. Thanks for the thoughts Indigill. In any case, at what price do you see a deal happening? 16k, 15k, 14k?

                Comment

                • #18

                  #18

                  Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

                  Originally posted by SatinderChd View Post
                  Haha. Thanks for the thoughts Indigill. In any case, at what price do you see a deal happening? 16k, 15k, 14k?
                  Its very hard to pin point the fall as it is to pin point a rise. Personally I definitely see a fall of at least 20% extending to may be 25-30%. Some people will hold on irrespective as they know market will rise eventually, some might get desperate and sell at lower price to wash their hands completely which could be 15-16K mark.

                  In any case there will be money to be made for people who invest different to the market.

                  Comment

                  • #19

                    #19

                    Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

                    I don’t see any fall in Mohali’s new properties prices though its increasing w/ steady rate.

                    Let’s take a live example of IREO/Pearls:

                    Project launched:

                    Initial price: 23 K psy after 6 months they increased to 25 K and again after 6 months it went up to 27 and now its 30K

                    One gentleman bought 7 plots (size of 250 sq yard) and paid only 1st installment which was 10 lac=so total money spent 70 lacs
                    2nd installment was due but he didn’t pay that and company is not charging interest b’coz he has understanding w/ manager and they are so called friends.
                    Manager can’t hold for long so now the guy has started selling his 5 plots for the premium b/w 1000-3000 RS…means total price 25-26 K (still 5000 RS less as per current rate offered by company...other names for it .....Fall or 10-15% decrease)
                    Lets say average premium he is getting is 2000 RS = 5 plots * 250 plots size * 2000 premium=2500000 so he is making that much amount of money..still he owns 2 plots
                    And 3rd guy who is agent and their friend helping them in all these matters is also sharing his commission w/ him..so u add that component also.

                    Same story is true for rest builders.

                    Now where FALL is(I wont call that Fall even): Core/Old sectors of CHD/Mohali/PKL….which were anyways overpriced 2 -3 crores so now if they are selling the same for 10-25 lacs less …that’s not a fall..they didn’t pay that much money its just because of RE boom it went up

                    My definition of real RE fall is: When decrease in RE prices reaches highest level and still there are no buyers or very few..and thats what happened in US back in 2008..imagine if all these builders slash their prices by 20-25% rates which means DLF/IREO or Pearls will start selling their 25000 psy plots by 17 -18 K..ppl will run to buy…

                    I still believe new sectors of Mohali are not overpriced…25K plus minus 2K is OK..we shd avoid anything which is more than 30K..for investment.
                    See the price and premium of Aero/Ecocity projects …its crazy and still ppl are buying it...

                    Story of Tier 1 cities is different….

                    thanks,
                    Ricky
                    Last edited April 5 2012, 11:43 PM.

                    Comment

                    • #20

                      #20

                      Re : Which road is better to investment---Kharar-Chandigarh or Kharar-Landran???

                      Originally posted by Rickyy View Post
                      I don’t see any fall in Mohali’s new properties prices though its increasing w/ steady rate.

                      Let’s take a live example of IREO/Pearls:

                      Project launched:

                      Initial price: 23 K psy after 6 months they increased to 25 K and again after 6 months it went up to 27 and now its 30K

                      One gentleman bought 7 plots (size of 250 sq yard) and paid only 1st installment which was 10 lac=so total money spent 70 lacs
                      2nd installment was due but he didn’t pay that and company is not charging interest b’coz he has understanding w/ manager and they are so called friends.
                      Manager can’t hold for long so now the guy has started selling his 5 plots for the premium b/w 1000-3000 RS…means total price 25-26 K (still 5000 RS less as per current rate offered by company)
                      Lets say average premium he is getting is 2000 RS = 5 plots * 250 plots size * 2000 premium=2500000 so he is making that much amount of money..still he owns 2 plots
                      And 3rd guy who is agent and their friend helping them in all these matters is also sharing his commission w/ him..so u add that component also.

                      Same story is true for rest builders.

                      Now where FALL is(I wont call that Fall even): Core/Old sectors of CHD/Mohali/PKL….which were anyways overpriced 2 -3 crores so now if they are selling the same for 10-25 lacs less …that’s not a fall..they didn’t pay that much money its just because of RE boom it went up

                      My definition of real RE fall is: when RE prices fall up to that extent that still it doesn’t get any buyers or very few..and thats what happened in US back in 2008..imagine if all these builders slash their prices by 20-25% rates which means DLF/IREO or Pearls will start selling their 25000 psy plots by 17 -18 K..ppl will run to buy…

                      I still believe new sectors of Mohali are not overpriced…25K plus minus 2K is OK..we shd avoid anything which is more than 30K..for investment.
                      See the price and premium of Aero/Ecocity projects …its crazy and still ppl are buying it...

                      Story of Tier 1 cities is different….

                      thanks,
                      Ricky
                      Rightly said

                      Comment

                      Tags: None
                      Have any questions or thoughts about this?
                      Working...
                      X