Has anyone has infomrtaion about the Ekta Group - Tripolis Project in Goregaon West.

Any information on this project (location / rate / quality)
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    Originally Posted by LookingforInv
    Has anyone has infomrtaion about the Ekta Group - Tripolis Project in Goregaon West.

    Any information on this project (location / rate / quality)


    Ekta group seems to be decent. We have bought one flat from them in Lake Homes (Chandivli) and have booked another one in their township in Virar.
    Apart from delays in the Virar project we have no complaints.

    The Tripolis project is in a quiet part of Goregaon West - HDIL have sold a part of their land to Kalpataru (not yet lauched) and Ekta.
    The project is pre-launch - for Rs 10,700 per square feet + 45 floor rise.
    They say that the actual launch is expected to be at the rate of approx Rs 11,500. They want 50% to be paid upfront, which I think is too much.

    I'm waiting for Kalpataru to get back with what percentage they want upfront and then decide.

    Hope this helps.
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  • prime location

    The location of Ektas project looks good so is their quality.

    This project will fetch you good returns if you are an investor also if you want to stay its coming up in a nice manner.

    Invest if you want.
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  • Wouldn't Oberoi Realty's Exquisite / Esquire project in Goregaon E be a better deal then?
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  • Originally Posted by amitmk
    Wouldn't Oberoi Realty's Exquisite / Esquire project in Goregaon E be a better deal then?


    Depends:

    What is Oberoi's rate at Goregaon(E)?
    Do they offer smaller flats - eg 2 BHK? I think they only offer large 3 BHK which are > 2.3 Cr

    For me - I'm interested in a pre-launch/just launched project so as to be able to spread my investment over a period of > 2 years.

    Having said all that, I do prefer Goregaon(E) - ie the area near Oberoi mall more than Goregaon(W) where the Ekta project is.

    Regards
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  • U said Ekta is asking for 50% upfront payment. Thats why I suggested Oberoi which may be 20% at time of booking and then in slabs.

    And u r right abt them maybe not having a 2bhk.

    Rates at Exquisite I found out are ~13500 psf + FR for flats till 20/25th floor and abv that its 15500 + FR. Some flats abv 25th floor are avail from the builder and the ones below that are resale flats from investors.

    Esquire is the newer phase which is going at a lower rate. Donno much more.
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  • Does anyone know the current rates for ekta tripolis?
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  • Does anyone aware of the current rate of Ekta Tripolis. And whats the config the flats??? Also Kalpaturu also doing pre-launch so I guess the rates must be at par.
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  • Seems like they have launched ? Did anyone visit the site
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  • The booking of “Ekta Tripolis” has started with an invitation price of Rs.12699/- with Rs.90/- as Floor Rise till Level 25. The Floor Rise Freeze at Level 25 and one can book up to level 34 with the same floor rise as applicable on Level 25. Presently, Tower 1 and 2 are launched. SAMPLE FLAT is ready of 3 BHK Configuration.

    Tower and Areas
    Ekta Tripolis has 3 Towers of 36 Floors. The project has 3 different corners with 2 flats on each corner.
    Bedrooms
    Chargeable Area
    Carpet Area
    2 BHK Gracia
    1188 sq.ft
    743 sq.ft
    3 BHK Eleganz
    1395 sq.ft
    873 sq.ft.
    3 BHK Grande
    1656 sq.ft
    1035 sq.ft
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  • 12699 psf is invitation price?? :bab (59):

    I wonder whom they invited at that price?
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  • i know the answer ;) the ones who thought L&T was within their reach lol
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  • New Tower Launch - “Ekta Tripolis” --Invitation

    I got an email from "Mumbai Property Exchange.com" below are the details.

    Invite you to a New Tower Launch - “Ekta Tripolis” a Premium Residential Apartment Project in Road No.2 Siddhartha Nagar, Goregaon West, Mumbai. Timing from 10 AM to 7 PM tomorrow 3rd February 2013.

    Rates and Floor Rise

    The booking of “Ekta Tripolis” has started with an invitation price of Rs.12699/- with Rs.90/- as Floor Rise till Level 25. The Floor Rise Freeze at Level 25 and one can book up to level 34 with the same floor rise as applicable on Level 25. Presently, Tower 1 and 2 are launched. SAMPLE FLAT is ready of 3 BHK Configuration.

    Approvals

    The project has IOD and CC in place and you just need to pay the 20% of self-contribution and balance 80% can be availed from leading banks in the country. Bank Approvals from ICICI, HDFC and Axis Bank already in place. Tomorrow at the site office, you can speak to the Bankers from ICICI, HDFC and Axis as well who can advise you further. This project is passed as per the New Development Control Rules (DCR).

    Tower and Areas

    Ekta Tripolis has 3 Towers of 36 Floors. The project has 3 different corners with 2 flats on each corner.

    Bedrooms
    Chargeable Area
    Carpet Area
    2 BHK Gracia
    1188 sq.ft
    743 sq.ft
    3 BHK Eleganz
    1395 sq.ft
    873 sq.ft.
    3 BHK Grande
    1656 sq.ft
    1035 sq.ft

    4 Levels of Podium – So the first floor starts from 5th floor of an average building.

    Floor Rise

    Floor Rise – Rs.90/- From 2nd habitable floor. 25th to 34th the floor rise is applicable upto level 25 only.
    4 Levels of Podium – So the first floor starts from 5th floor of an average building.

    Possession and Payment Plan

    Possession – Year 2016 – 4 years - Approximate payment schedule below.
    Payment Plan
    1st Year
    2nd Year
    3rd Year
    4th Year & Possession
    4 Years
    50%
    20%
    20%
    10%
    For Investors/Exit Period/Infrastructure Impact.

    The Lock in Period of 2 years and 2 subsequent Transfers are free. This gives an investor an easy exit option without hitting on the returns. Price expected in 2016 is at least 18000 to 21000 sq.ft depending on market conditions, demand and supply. A new bridge 400 Meters from the project is planned which will be ready in a few years for East West Connectivity to the Highway.

    The Total Payment Due now is 30%, In case of Home Loan clients; they can give 20% payment along with a sanction letter. The Sales team will be able to help you further in this regard.

    Best of Luck for those who are planning to buy.
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  • I am noticing an interetsing trend. At these price levels for undercinstruction, one can get a ready possesion apartment. 12700 + 90*20 = 14500 for 20th floor flat, which is the going rate in goregaon in any case today.

    The point these guys are cashing on is that one doesnt need to pay the entire amount upfront. So for end users who dont find it afforable to buy a 1.5 cr 2 bhk today, can hope that they can afford it 4 years down the line as salary goes up and more savings happen. Thats the strategy they are aiming at. The same applies to L&T in powai.

    Seems legitimate business strategy to me. what say guys?

    Originally Posted by Metallica
    i know the answer ;) the ones who thought L&T was within their reach lol
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  • Virtual video for Ekta Group - Tripolis Goregaon West

    Ekta Tripolis - Virtual Tour - YouTube
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  • This project is in vicinity of imperial heights I believe.
    This isn't the first Pre launch. Eka has accepted money from investors in actual Pre launch about year or 1.5 years back.

    I am also sure they would have ad dons like parking charges .
    Who says prices are softening.....
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