Chandigarh and its suburbs are growing rapidily with so many projects launched daily, so much news flow and promotions that one left confused to shortlist the right investment or end user property, we'll try to have the updates with USP's and other details for community members to decide it yourself, the best options suited as per budgets and other priorities.

Disclaimer: We can be wrong in our assessment but try to accurate at best.
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  • Omaxe is coming with a new Commercial tower giving 12% assured returns till possession and 1 year after possession with Post dated cheques given in advance.
    Expected launch date: First week of july 2012
    Details: New Commercial tower (G+24) of 400-1000 Sq feet office at 5950/sq feet with pre-launch early bird discount to customer.
    3 payment plans:
     DP Booking 2.5 lacs and rest 100% in 45 Days with 12% assured return till possession+ 2years or if possession extends than returns will extend accordingly PDC will be given from the first day itself for all the months
     CLP Booking 2.5 lacs and 25% in 45 days and then linked with construction, no returns on it(expected possession 2-3 years)
     Combo: Booking 2.5 Lacs and 50% in 45 days and rest 50% within 1 year of first payment cheque, assured return of 12% after 1 year till possession+2 years on it as well.

    Retail space on 1-3 floors and swimming and health club with sports and recreation facilities and many others

    can look as an investment purpose as new Chandigarh is a low density plan and very few commercial spaces given in it
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  • DLF G+2 Independent floors launch soon in New Chandigarh

    Details:
    Company- DLF
    Location - New Chandigarh (Mullanpur)
    Stage- Pre-Launching expected launch in july 2012 first week
    Size- 1800 Sq feet
    Description: G+2 Floor (50-50% right of terrace for 2nd and 3rd floor), 3 BHK+ servant
    Aprx Price: 4200-5000/Sq feet
    Booking Amount: 6 lacs in Favor of “ DLF India Ltd. Collection Account” for allotment consideration

    limited 110 Flats on offer now, DLF with its last ime debacle of not able to allots to all the applicants in panchkula is trying its best to learn from it and not to repeat it again.
    Project details seems to good but un-necessary lifts given to 3 floors will increase the cost and maintenance charges as well. good for some premuims in long term scenario
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  • CnC Virtual space- Launched first time in North India the option of owning virtual space at world’s leading Multiplex Cinepolis at.
    A good concept for small investor with future investment insights and trends developing to suit the uncertainties around.
     A 7.02 Acre Project with State of the Art Bus Stand, Office spaces, Big retail Brands
     international model of owning virtual space being adopted 1st time in India
     Integrated project: Mall, 10 screen VIP Megaplex By “Cinepolis México & Entertainment Zone”
     Corporate office, Hotel “THE HYATT PALACE”
     AC ISBT, 1900 buses plying in single day with over 60,000 footfalls expected on first day
     3 FLOOR Multi-level fully Automated Car-Parking for 3500 vehicles

    VIRTUAL SPACE OF CINEPOLIS AT Rs 2800/SQ. FEET (Rs 2.8 LACS FOR 100 SQ.FT) for 90 years.

    About Cinepolis: Cinépolis - Wikipedia, the free encyclopedia

     Total Space 67,200 Sq Feet in Cinepolis with 10 Screens & 55 Shows in single day
     Variety of Ticket sizes available
     Assured return 11% from date of depositing 85% Amount till commercial operation date
     60% of Revenues Collection * over and above value escalation of transferable rights

    Payment Plan
    At the time of booking--------------------------------------------------------- 15%
    Within 30 days of booking----------------------------------------------------85%
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  • Thanks Chandigarh for valuable information. i would like to add in Mohali Junction Project, they have recently come up with limited Business Condo-suites in Hyatt building Rs 8750 per sq ft. that is also a good opportunity.

    Apart from Virtual Space in Cinepolis, they are offering virtual space of Big Bazar 4500 per sq ft with assured return of 11 % on 85% of the amount till Commercial operation date and Minimum Guarantee of Rs 38 will be given + guaranteed Buy Back 6000 per sq ft after 6 years and @7000 per sq ft after 9 years. every 3rd year there will be 15 % escalation in Minimum Guarantee.

    Payment Plan is the same as above

    Thanks & Regards
    Ravi
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  • I am little confused - Why you calling it "Vitual space"
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  • Originally Posted by chandigarh
    CnC Virtual space- Launched first time in North India the option of owning virtual space at world’s leading Multiplex Cinepolis at.
    A good concept for small investor with future investment insights and trends developing to suit the uncertainties around.
     A 7.02 Acre Project with State of the Art Bus Stand, Office spaces, Big retail Brands
     international model of owning virtual space being adopted 1st time in India
     Integrated project: Mall, 10 screen VIP Megaplex By “Cinepolis México & Entertainment Zone”
     Corporate office, Hotel “THE HYATT PALACE”
     AC ISBT, 1900 buses plying in single day with over 60,000 footfalls expected on first day
     3 FLOOR Multi-level fully Automated Car-Parking for 3500 vehicles

    VIRTUAL SPACE OF CINEPOLIS AT Rs 2800/SQ. FEET (Rs 2.8 LACS FOR 100 SQ.FT) for 90 years.

    About Cinepolis: Cinépolis - Wikipedia, the free encyclopedia

     Total Space 67,200 Sq Feet in Cinepolis with 10 Screens & 55 Shows in single day
     Variety of Ticket sizes available
     Assured return 11% from date of depositing 85% Amount till commercial operation date
     60% of Revenues Collection * over and above value escalation of transferable rights

    Payment Plan
    At the time of booking--------------------------------------------------------- 15%
    Within 30 days of booking----------------------------------------------------85%

    hi chandigarh.
    Welcome to the forum, its good to see real estate professionals joining the forum openly without any pseudo cover.
    In fact the forum actually requires people like u who have the ground perspective of many a projects. Hope u keep on contributing positively to the forum.
    As asked earlier also, can u elaborate on the concept of virtual space.
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  • Originally Posted by chandigarh
    CnC Virtual space- Launched first time in North India the option of owning virtual space at world’s leading Multiplex Cinepolis at.
    A good concept for small investor with future investment insights and trends developing to suit the uncertainties around.
     A 7.02 Acre Project with State of the Art Bus Stand, Office spaces, Big retail Brands
     international model of owning virtual space being adopted 1st time in India
     Integrated project: Mall, 10 screen VIP Megaplex By “Cinepolis México & Entertainment Zone”
     Corporate office, Hotel “THE HYATT PALACE”
     AC ISBT, 1900 buses plying in single day with over 60,000 footfalls expected on first day
     3 FLOOR Multi-level fully Automated Car-Parking for 3500 vehicles

    VIRTUAL SPACE OF CINEPOLIS AT Rs 2800/SQ. FEET (Rs 2.8 LACS FOR 100 SQ.FT) for 90 years.

    About Cinepolis: Cinépolis - Wikipedia, the free encyclopedia

     Total Space 67,200 Sq Feet in Cinepolis with 10 Screens & 55 Shows in single day
     Variety of Ticket sizes available
     Assured return 11% from date of depositing 85% Amount till commercial operation date
     60% of Revenues Collection * over and above value escalation of transferable rights

    Payment Plan
    At the time of booking--------------------------------------------------------- 15%
    Within 30 days of booking----------------------------------------------------85%




    thanks chandigarh ji
    i know when a small investor asks the guarantee of this assured investment he is made to feel like a fool by these posh brokers

    do you really think with hundrerds of projects coming up and every one giving assured returns.... with growth rate coming down is it possible........

    i think every sector of greater mohali will have its own multtiplex

    is there any broker who is giving assurance that if the company fails to give that assured return he will give it or do the buy back.
    i am trying to find one but cant find

    its like buying a shares of the company for a particular project
    they will distruibute the dividend after taking aout all the expenses


    everty thing is virtual, except your hard earned money which will become virtual as well....................

    please read the fine print before giving check
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  • Originally Posted by ATLGUY
    I am little confused - Why you calling it "Vitual space"

    Actually the space will be given on a share basis without demarcating the actual area in it. so if you take 100 Sq feet 2800/sq feet, you are having a share of 100 sq feet out of total 67200 sq feet area of Cinepolis where there are other owners owning other area in it, so the sharing of revenues from cinepolis sales will be shared accordingly.
    E.g. technically cinepolis gives 40%(audited statements as done for listed companies for dividends) of revenues to CnC which has share holders of space in it and got the returns as per their investement shares for 90+ years. it can be transfferable. Returns given by multiplxes in chandigarh are somewhere around 80-90/sq feet per month right now and delhi and other centres it's more.
    USP here is the 10 screens for first time with 3 and 4D screens as well with 55 shows every day commitement and agreement with punjab govt over 1900 buses plying every day and 60,000 minimum footfall from day one in this 7.02 acre project with 3 level multiparking for minimum 6500 vehicles, office spaces, hotels, big bazaar and other showrooms with prominent position of the project, only apprehension if delay in delivering the project as its already been delayed a lot. and cinepolis is no looking toi operate till next financial year but CnC is giving minimum returns till then.
    potential is huge as the time goes by and owner is paying todays price.
    must look in details offer
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  • Chandigarh - Thanks

    Few qq

    1) I remember CnC launching it 2 years back - What was the launch price that time and if i remember correctly - they did mention floor, location etc "

    2) How would one know what floor/what "say 600 sf" location he/she owns as it totally depends upon nature of business etc ?

    3) "Assured return 11% from date of depositing 85% Amount till commercial operation date" - How this is backed up by - Any guarantees ?

    Appreciate your response.
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  • For fellow members - This is what i received in Oct 2010 -
    Mohali Jucntion is same as this - ----Sorry too many project to get one confused

    It was lauched at 5000/sq ft
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  • See response against your queries

    Originally Posted by ATLGUY
    Chandigarh - Thanks



    Few qq

    1) I remember CnC launching it 2 years back - What was the launch price that time and if i remember correctly - they did mention floor, location etc "
    A: Thye launched office spaces at that time, its a new concept introduced and changed a bit recently and only limited to cinepolis multiplex space and not to the rest( others are different projects). no floors or area demarcated, only sq feet area virtually investor holds
    2) How would one know what floor/what "say 600 sf" location he/she owns as it totally depends upon nature of business etc ?
    A: only cinepolis area comes under this scheme as mentioned above
    3) "Assured return 11% from date of depositing 85% Amount till commercial operation date" - How this is backed up by - Any guarantees ?
    A:Agreement with along with Punjab govt. agreement copies given mentioning the gaurantees of services and footfalls etc. Rest only god knows if there is still any loose nuts in it, first look gives it a go ahead , please read the brochure for full details or mail us to send you the complete details
    Appreciate your response.


    Please read responses against your queries
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  • Originally Posted by rana91
    Please read responses against your queries


    With up-coming Chandigarh International Airport work already been started and International Flights are due for clearances soon. but most of the serious operation will in next 2-3 years time.
    Ministry of commerce and Industry along with Aviation Ministry has a plan to develope warehousing infrastructure around it. It'll be officially known very soon. Its a first demand in the list of requirements given by International flight cargos, other logistics companies and for businesses in India And abroad to make Chandigarh International airport their destinations for operations.

    Only official area demarcated near it is in Zirakpur Municipal Committee in Pabhatt Village. Already major players and Cnf agents holding on to the warehouses here and very little areas left to be developed here but still good options available here to buy as a warehousing plot and developed for the purpose well in time before the demands grows.
    A case scenario: Right now the price is 20-22000 per Sq yards here, Rental Projections are high but Area as per current rate is Rs 12/Sq feet per Month so a plot of 1800 sq yards will have 15000 sq feet of useable area per floor here with basement, ground and first floor makes it 45000 sq feet are to be leased out so a monthly rent of 5,40,000 is a good option. with construction cost to make this is somewhere around 1.25 crore.

    So advice is leave out residential and other plots and if looking for future growth and must required appreciation , then warehousing with in next 3 years is a best option.
    but suits mostly to people sitting on cash money, as 70-80% will go in that only due to very low registry amount fixed here. a mere 80 lacs for a plot of 1800 sq yards.
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