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Indiabulls Greens by Indiabulls in Panvel, Mumbai

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Indiabulls Greens by Indiabulls in Panvel, Mumbai

Last updated: 2 days ago
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  • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

    Originally posted by chinmoy_pan View Post
    I have gone through the rates difference. recently inquired with HPG for 02 BHK Apartment. RAte 4350/- for super built up Area 1289 Sft and Carpet Area of 905 sft. However if you see the costing should be around 56L but the Builder is saying with all the other charges total cost of the Flat at 10th Floor would be RS 80 Lakhs. EVen if you remove around 3-4 Lakhs for Registration still difference of 20 lakhs is too much. If you divide the total cost to Super built up area the per SFT rate should be 6206/-

    IB is not charging any hidden cost and hence the SFT rate is high. I do not see any surprise if the quoted rate is around 6500/-for IB since the location is 05 kms towards the city.
    I'm surpised that Hiranandani Palace Garden has hidden costs to the tune of 20 Lakhs !!! At this time, IB Greens can command a premium over HPG due to it's proximity to Panvel. But when HPG is ready, it will definitely catch up with IB Greens rate.

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    • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

      HPG is dedicating only 8-10 Acres of Plot Area for the residential township for Phase 1 Project and nearly 10 -12 Acres of Plaot area for Pahse 2 Project. They are going to develop the rest area as commercial Hubs and Offices. The Project will look too crowded and will never be the likes of Powai or Thane which is the general perception of the people. On the other hand IB Greens being the 1st prestigious Project of IBREL in Mumbai (of course other than the High priced Luxury apartments at Parel) would have a lot of stake involved for the Developer. I do not think that from 05 years down the line IBG will be anything less than HPG. The location advantage of having proximity to Panvel and Airport would always give an edge to IBG as far as pricing is concerned. HPG Pricing of today is mostly because of the premium it has been able to command over the past few Mega Township Projects say Thane or Powai which would not compare well to HPG Township considering that the residential Project area is too small.... Anyway fingers crossed . This will be known only after 05 years down the line.

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      • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

        Originally posted by chinmoy_pan View Post
        HPG is dedicating only 8-10 Acres of Plot Area for the residential township for Phase 1 Project and nearly 10 -12 Acres of Plaot area for Pahse 2 Project......
        Two Comments:
        IB
        IB is also too crowded, if you see phase 1, particularly SECTOR 4 is over crowded. Many huge towers of 36 floors lined up as a circle. I wonder who approved this plan??? If you have a so called garden facing flat, by paying extra Rs. 100, ultimately you are seeing another flat and also not having enough sunlight or open space unlike the other sided flats. Their earlier plan when we made bookings was very spacious and only buildings of 15 floors.
        HPG
        One should remember it is on LEASE HOLD for 99 years, and you are not the real owner of your flat. Also it is too far from the city. The so called hidden charges also I was not aware....
        Last edited by indiabulls; November 15 2012, 12:48 AM.

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        • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

          IB has raised 5% payment Invoice making it 75% cumulative billing for Building 1-E. Not sure if it has reached that many floors. Anyone in the forum who can help with latest pics of this tower. Feedback of other investors regarding the progress is most welcome.

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          • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

            Building 6G Phase-1

            Is there anybody on this forum from Building 6G Phase-1. What is the status of construction and demand from IB. I am from the same building but opted for ADF.

            Regards,

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            • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

              Any update on Phase 2 Clearance. We are stuck up with payments in phase 2

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              • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

                IB have attached the Architect's certificate intimating commencement of floor slab #21 along with invoice - so building expectedly should be above 20th slab - trust you would have received the certificate also -

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                • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

                  Originally posted by rupaknura View Post
                  IB have attached the Architect's certificate intimating commencement of floor slab #21 along with invoice - so building expectedly should be above 20th slab - trust you would have received the certificate also -
                  This update relates to which building??

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                  • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

                    Originally posted by SKS12345 View Post
                    This update relates to which building??
                    the building in question is 1E - had received the architect certificate for the 18th floor commencement also

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                    • Re : Indiabulls Greens by Indiabulls in Panvel, Mumbai

                      Originally posted by rupaknura View Post
                      the building in question is 1E - had received the architect certificate for the 18th floor commencement also
                      Than you! Any update on building 6G?

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