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Palace Garden, Hirco Group, Panvel, Mumbai

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Palace Garden, Hirco Group, Panvel, Mumbai

Last updated: July 11 2017
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  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

    Hey MAlkotia, real e, Bhushan, all disappeared,
    after listening MODI"s speech.....
    Come on dude.. some one talk...

    Ajit pawar, worst remarks will pull their pant in coming election.
    Hope HPG will benefit after BJP govt comes in power.
    Ur comments, plz.forum friends...

    Comment


    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

      Better to keep politics out of this forum, governments everywhere work for their own benefit first, if you think otherwise then you must be living on a different planet than me

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      • Re : Palace Garden, Hirco Group, Panvel, Mumbai

        Originally posted by savvy_v View Post
        Hey MAlkotia, real e, Bhushan, all disappeared,
        after listening MODI"s speech.....
        Come on dude.. some one talk...

        Ajit pawar, worst remarks will pull their pant in coming election.
        Hope HPG will benefit after BJP govt comes in power.
        Ur comments, plz.forum friends...
        HPG can only benefit if Hirco Plc takes over these projects instead of hiranandani family....

        Comment


        • Re : Palace Garden, Hirco Group, Panvel, Mumbai

          Originally posted by realebuyer View Post
          HPG can only benefit if Hirco Plc takes over these projects instead of hiranandani family....
          AGREE with u Real

          Few quick queries.
          1] Forum people have become IDLE now.????? dono.
          2] No one talks of the Phase -1 possession, probable date,and all.
          3] Probably phase one can boost the scenario of marketing for HPG, in order to attract buyers for phase-2.
          4] If the things delayed, is HPG going to cancel PROJECT Phase-2, or delay, or give any reasons.
          5] Whats role of Phase-2 investor's, end users. ? will they be given any option of safe leave out, or some element of breath-out in terms of any offer as due to delay..?
          6] Dono, Airport issue has some impact on Phase-2 INVESTMENT for Investor's. as I heard , People are happy with quality constructions by HPG, but are unsure when product will be ready.
          7] Whats currents scenario of HPG CLUB....?, Garden,and Commercial projects,a re there any takers, in view of early investment.
          8] CAn FDI in retail will boost economy in HPG commercial.
          9] LASTLY WHERE WE ARE HEADING??????? over 5-7 years.

          savvy_v

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          • Re : Palace Garden, Hirco Group, Panvel, Mumbai

            2] No one talks of the Phase -1 possession, probable date,and all.
            This project seems to be in Limbo


            4] If the things delayed, is HPG going to cancel PROJECT Phase-2, or delay, or give any reasons.
            I think they will give reasons........don't think that these guys are professional enough to tell the truth

            5] Whats role of Phase-2 investor's, end users. ? will they be given any option of safe leave out, or some element of breath-out in terms of any offer as due to delay..?
            They should be given an option to leave or exit.....not sure about the interest on the delay

            6] Dono, Airport issue has some impact on Phase-2 INVESTMENT for Investor's. as I heard , People are happy with quality constructions by HPG, but are unsure when product will be ready.
            How can you judge their construction quality unless they fully complete a building including internals

            7] Whats currents scenario of HPG CLUB....?, Garden,and Commercial projects,a re there any takers, in view of early investment.
            No takers for Commercial according to the annual statement.....HPG Club seems to be there on paper

            9] LASTLY WHERE WE ARE HEADING??????? over 5-7 years.
            Expect Phase I to complete by this time

            Comment


            • Re : Palace Garden, Hirco Group, Panvel, Mumbai

              High hopes.

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              • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                On a lighter side.......

                We already have old airport SANTA CRUZ
                THE NEW AIRPORT TO BE NAMED BANTA CRUZ

                Comment


                • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                  Hi,
                  nice one chris,about banta cruz.
                  LOOKS like savvy does not have the money invested in this project,or he is on the other planet.after all this someone only insane,will say,construction for phase 2 will start in sept 2013,when we all r given different dates.

                  Comment


                  • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                    Phase 2 will take 5-7 years to handover from the date of plinth....this is what I can guess ,with my past experience with real estate...in mumbai and also looking at phase one...!!!!!!

                    Comment


                    • Re : Palace Garden, Hirco Group, Panvel, Mumbai

                      Property rates nosedive in Navi Mumbai

                      Investors,politicians,builders and land traders who speculated on property and drove up rates in Navi Mumbai are in a bind because hopes are fast receding of the new airport coming up anytime soon.A major shake-up in the Navi Mumbai property market appears to have already commenced after chief minister Prithviraj Chavan announced that the government was in no position to fix a timeline for start of construction work.

                      A local source told TOI of a price correction that is based merely on the CMs statement.A builder in Ulwe (behind Seawoods ) suddenly dropped the rate for his land from Rs 60,000 a square metre to Rs 45,000 in the past two days, said the source.Earlier,buyers were queuing up for this land.Suddenly,the tables have been turned.They are expecting a further downward correction despite the builder reducing the rate to Rs 45,000.

                      Ulwe is considered a hot property destination because the planned Nhava-Sewri road-link is also expected to touch there.However,work on both the international airport and the link are not expected to start anytime soon.

                      Last week,TOI reported that Cidco,the nodal agency for the project,is yet to acquire 475 hectares of private land for the airport,which is to be spread over 2,072 hectares.Of the 475 hectares,about 291 are required for aeronautical purposes.The CM told the state assembly that work on the airport cannot start without completion of land acquisition.
                      Speculators are nervous.Many politicians,and builders fronting for them,bought large chunks of land in Navi Mumbai hoping the returns would be astronomical once the airport came up, said a local developer.But with national elections barely a year away,these political heavyweights may be forced to sell their holdings at cheaper rates to raise cash to fight the polls.

                      A source in the Navi Mumbai branch of Maharashtra Chamber of Housing Industry (MCHI) said,Its a setback for several developers.On Palm Beach Road,builders quoted Rs 18,000 to 22,000 a square foot (super-built-up ) for flats and said that the price would double when the airport came up.Today,there are no buyers.

                      Cidco tenders for commercial plots in Khargar reached up to Rs 1.25 lakh to Rs 1.41 lakh a square metre.These plots were barely half-an-acre to one acre in size.Tenders for residential plots (halfan-acre each) fetched bids of over Rs 2 lakh a sq m a year ago.

                      A successful bidder for a residential plot failed to pay Cidco because the price he quoted was too high and few clients showed interest in his project.Such high rates in a super-slow market were mainly in anticipation of the new airport, said the official.Land prices in Dronagiri touched Rs 35,000 to Rs 45,000 a sq m,although it has virtually no infrastructure.

                      Market sources said developers and hoteliers were eyeing investment in Navi Mumbai.Arvind Goel,president of MCHI,Navi Mumbai,said almost a dozen five-star hotels have come up in the region and another five to six are expected.People feel cheated,especially those who bought apartments here, he said.

                      Source : TOI

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