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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

    Originally posted by Mefrommumbai View Post
    Slab 29 demand letter for Mellona received
    for Aura as well...

    Comment


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

      Hi the phase ii will start only in june 2013,do not really know whether it is good news or bad,lets wait n watch.

      Comment


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

        Hello all
        i am a new member to this forum, although i have been following the forum for a year now. I bought minerva at 3800psf in july 2011 and only went for a site visit last week, it looks very promising, if you can hold it up for 8 - 10 years or more....i think its a game changer...good luck to all who have been invested in here.
        Regards
        mani

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

          Got exicted after reading ur message,have they started any other construction,eg golf or hospital or school etc.

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

            Originally posted by vinchi View Post
            Hi the phase ii will start only in june 2013,do not really know whether it is good news or bad,lets wait n watch.
            Hi Vinchi...and my seniors colleauges on this FORUM

            Seasons Greetings!!!!.
            Well I have been follower of IREF specially HPG.
            Please refer; 03/12/08; first post
            QUOTE" Hiranandani Panvel will be launching by next week at the rate of Rs 3600 psf on [super]builtup area." Un QUOTE.

            • Do u think Land,as well as appreciation has has occurred in HPG,in a 2-4 years time?
            • In a present situation what will be currents scenario over 5 years from now.
            • As of now, COMMERCIAL, GOLF, HOSPITAL whats current scenario?
            • Please see this LINK: Wikimapia - Let's describe the whole world!
            • The RAILWAY STATION WILL BE NAMED as RELIANCE ESTATE.....
            • Prposed railway station is marked on wilki ,Just opposite to RELIANCE COLONY.
            • Therefore going to CITY, PANVEL ---> NMIA {NAVI MUMBAI INTERNATIONAL AIRPORT} would be easier
            • The existing NH-4 which is 4 lane will be widened to 6 lanes till CHOWK PHATA
            • LATEST NEWS on NMIA: .Land compensation boost for new airport - The Times of India
            Any new INFO I will post u later...
            Have a nice day...
            savvy_v

            Comment


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

              Hi Vinchi....how do you know that Phase 2 construction will only start in June 2013? Have you had confirmation from HIRCO management OR is this your assumption?

              Look forward to receiving your clarification.

              Thanks,

              Comment


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

                site visit November 2012

                hello friends;


                i was told that phase 2 shall start after the existing towers are complete mostly.. i was told by the sales lady who gave me the site visit 2 weeks ago. if i am understanding correct from her, commercial will be completed sooner in phase one and some big names have already signed contracts to lease space but she wont give me details due to some confidentiality clause., but will be announced next year before they move in.
                1 bedrooms are almost done, so that the workers working in the commercial can have a place to stay, so good for the owners of 1bhk, they start getting rent soon.
                1200 people is the occupancy for all the towers and 12,000 in commercial.. so hopefully 10% would wanna stay in ur tower (although the % may be skewed as it down not include kids & other assumptions) but just to give u a ball park no.
                phase 2 construction starting 2 - 3 qtr next year sounds right as i was told this by her; if all continues to go well.

                no hospital and no golf as of now, but i was told there were plans...as space is about 600 acres; more than double; than that of of powai.,,.. so tremendous scope for expansion...i was told a mall, school, and hospital will be present only to name a few..

                railway station across the street from the sites office; currently used for freight movement from pune to mumbai..but will open up to passengers as the project evolves.

                some other builders have plans to develop in areas beyond hpg,.. like raheja and a couple others of which i cant remember names of now....


                we also sipped some tea and cofee as we spoke about probable appreciation given historic track records and planned developments...

                for u investor freaks like me...she and i came to conclusion of aprox..increase in 10 yrs from now., and that should be very conservatively speaking if they keep their construction rate at this pace and a consistent rate of the project enhancement coupled with planned developments like airport and etc.... ...we should be looking at no less that 15,000 psf on or before FY2022

                then i will go back to this post with a big smile as im sure it would have exceeded our forecasts ++++...

                good luck and stay invested
                mani

                Comment


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

                  Originally posted by Manman View Post
                  hello friends;


                  i was told that phase 2 shall start after the existing towers are complete mostly.. i was told by the sales lady who gave me the site visit 2 weeks ago. if i am understanding correct from her, commercial will be completed sooner in phase one and some big names have already signed contracts to lease space but she wont give me details due to some confidentiality clause., but will be announced next year before they move in.
                  1 bedrooms are almost done, so that the workers working in the commercial can have a place to stay, so good for the owners of 1bhk, they start getting rent soon.
                  1200 people is the occupancy for all the towers and 12,000 in commercial.. so hopefully 10% would wanna stay in ur tower (although the % may be skewed as it down not include kids & other assumptions) but just to give u a ball park no.
                  phase 2 construction starting 2 - 3 qtr next year sounds right as i was told this by her; if all continues to go well.

                  no hospital and no golf as of now, but i was told there were plans...as space is about 600 acres; more than double; than that of of powai.,,.. so tremendous scope for expansion...i was told a mall, school, and hospital will be present only to name a few..

                  railway station across the street from the sites office; currently used for freight movement from pune to mumbai..but will open up to passengers as the project evolves.

                  some other builders have plans to develop in areas beyond hpg,.. like raheja and a couple others of which i cant remember names of now....


                  we also sipped some tea and cofee as we spoke about probable appreciation given historic track records and planned developments...

                  for u investor freaks like me...she and i came to conclusion of aprox..increase in 10 yrs from now., and that should be very conservatively speaking if they keep their construction rate at this pace and a consistent rate of the project enhancement coupled with planned developments like airport and etc.... ...we should be looking at no less that 15,000 psf on or before FY2022

                  then i will go back to this post with a big smile as im sure it would have exceeded our forecasts ++++...

                  good luck and stay invested
                  mani
                  MONEY Fantastic Update...
                  Keep it up.
                  Savvy_v

                  Comment


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

                    Hi Kalbinder,
                    No assumption,its from hirco office,that i got to know about phase 2.
                    My sprits are high after reading MANMANS post,we all hope the best,tere mu mei ghee shakker.
                    thanks to savvy 2 for the reply to my Q?

                    Comment


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

                      Hi, I am new to this forum. Anyone here has booked a flat at Artemis (earlier Amalfi). Any idea when they will ask for plinth payment? I am told sometime in Jan 2013?

                      Thank you

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