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Wave Estates, Sector 85, Mohali

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Wave Estates, Sector 85, Mohali

Last updated: September 4 2017
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  • Re : Wave Estates, Sector 85, Mohali

    Originally posted by Harsimran View Post
    Thanks rohit ji
    I am not bothered about appreciation as I don't plan to sell it
    I am more concerned about development
    I think all these projects mgf views, falcon views and wave are really good
    I think they will reach about 5000 psf by the end of this year
    since we are all buyers in each of these projects we will all love, if prices moves to 5000 psf, however my concern remain:
    1. for prices to move up, we need end users, job creation etc. in chandigarh area focus only on real estate, end user, IT professional etc not coming up fast enough.
    2. much more supply than buyers. all these projects are in range of 1 cr or above and that reduces no of buyers.
    3. most of speculator like owning plots and hence more interest or speculation on plots.
    my optimism is based on :
    1. location, contractor, project layout etc pretty good esp in falcon and wave
    2. mohali airport will become international for sure in next 2-3 yrs as contracts given out.
    3. aerocity possession will happen in 6-9 months and 200 ft road conencting mohali to zirakput patiala road will be liv leading to growth in area
    4. there are hardly any ready to move in good quality apartment in tricity except Uppal marble arch in manimajra(12000 psf). so, if these guys complete the project in time and give facilties as expected, they will get premium as people will spend money for facilities they want. my sense is in 5 yrs, below will be aspirational projects in tricity:
    - uppal marble arch( already there)
    - JLPL falcon view ( unmatched becasue of location, facility, area etc)
    - Wave ( excelllent layout, good quality)
    - Suncity prikrama, panchkula( good location, within developed sector, direct view of hills, 3 sides open and only quality project in zirakpur, panchkula area)

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    • Re : Wave Estates, Sector 85, Mohali

      Well said RohitJI. I always appreciate your views.

      Job creation is a problem. Rather it is on negative side. Infosys moved out of Mohali. Punjab Govt. has been trying out for IT but not successful. Which corporate will buy land at market rate when they get free (well almost) land in other states. So this IT CITY etc. will never be a reality.

      Mohali has been and will remain a catchment area for CHD Spill Over. Nothing more than that will happen.

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      • Re : Wave Estates, Sector 85, Mohali

        HI Rohitji,

        YOu mentioned aerocity will happen in next 6-9 months. Any specific input you want to highlight for this.

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        • Re : Wave Estates, Sector 85, Mohali

          Aerocity near possession ...Right time to Buy..Development at final stage

          https://picasaweb.google.com/1030863...ywE&feat=email

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          • Re : Wave Estates, Sector 85, Mohali

            Originally posted by aerocity66 View Post
            Aerocity near possession ...Right time to Buy..Development at final stage

            https://picasaweb.google.com/1030863...ywE&feat=email
            Bhaji photos say last updated 11 months back

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            • Re : Wave Estates, Sector 85, Mohali

              which one is aerocity. One is of IISER, one of SCO housing JLPL in sec 82. One looks like of bridge. Which one is of aerocity.

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              • Re : Wave Estates, Sector 85, Mohali

                Wave floors

                Got an e mail for wave floors
                Starting 40 lacs
                Any comments

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                • Re : Wave Estates, Sector 85, Mohali

                  Size?

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                  • Re : Wave Estates, Sector 85, Mohali

                    Floors

                    200 gaj
                    It's in sec 99
                    Near ews area

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                    • Re : Wave Estates, Sector 85, Mohali

                      Floors?

                      Considering the price, it seems it is a budget housing scheme, also I think it a construction linked scheme of 2 years. I have no idea about the location inside 99 sector, do you think it is a safe investment bet?

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