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Delta Garden Delta Realty Mira Road Mumbai

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Delta Garden Delta Realty Mira Road Mumbai

Last updated: April 28 2016
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  • Delta Garden Delta Realty Mira Road Mumbai

    Hey everyone,

    I am new to this forum. Also, I think this forum is doing a good job in helping others.

    I would like your suggestions , recommendation ect for one of the project I am planning to invest in.

    Delta Garden realty project in mira road.

    Price: 8500 psf
    Completion date: Dec 2017
    Phase 1 completed, Pre-launch for Phase 2
    I am looking for 2 bhk (~1100 )

    I have few questions like,

    - how is the builder?
    - How is the location
    - Any one booked in this project or already invested in Phase 1?
    - worth the investment looking at the time frame?

    Any suggestions are welcome.
    Last edited April 12 2015, 08:48 PM.
  • #2

    #2

    Re : Delta Garden Delta Realty Mira Road Mumbai

    I had called them about a year back.. Phase1 is not completed but it is alloted to their own members and wasn't sold in open market.. And they hadn't opened bookings for phase2.. I couldn't wait long so didn't book.. Project does look good.. Construction has been going on at decent pace.. Location in terms of connectivity is also nice.. However, the area is not very developed in terms of other facilities.. Though you should get everything in 1km radius.. Having said all that, 8500rs in this market seems high to me..
    Last edited April 13 2015, 03:05 PM.

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    • #3

      #3

      Re : Delta Garden Delta Realty Mira Road Mumbai

      Thanks for replying.

      I did see similar projects in the same area e.g. dravesh Horizon. The builder is expecting 8900 + floor rise.

      I forgot to mention the price I mentioned is for the 10th floor. i.e. it includes floor rise. per you analysis what should be decent price in the current market condition for this project?

      so any other suggestions or any other project in the same area?
      Last edited April 14 2015, 06:56 AM.

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      • #4

        #4

        Re : Delta Garden Delta Realty Mira Road Mumbai

        This area has been plagued with slow moving or stalled projects.. Like DB Ozone, Man Opus, etc. I would rather not risk investing in an under construction project in this market..

        Even Darvesh Horizon ads were there since very long, its only recently I have seen construction activity going on.. So you will have to ensure the project n builder does not have any issues so that it gets completed..

        Did you check Sanghvi Eco-city? Though a little inside, but it seems almost at completion stage for phase1.. However, I think it has been at that stage from quite sometime..

        Pls do proper research and due diligence before investing in under construction..
        Last edited April 14 2015, 11:24 AM.

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        • #5

          #5

          Re : Delta Garden Delta Realty Mira Road Mumbai

          The rates in mira road near highway are arnd 7k-7.5k.. So, given the location of these projects, I feel 7.5k-8k at the most is fine.. One more project nearing completion though at compromised location is kakkad paradise.. Abt 4mnths back, the rate there was 6k.. However, it is average quality project n a poor location..

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          • #6

            #6

            Re : Delta Garden Delta Realty Mira Road Mumbai

            there are 3 projects in this area and cheapest is delta realty:

            1. ANA Realty ~9100/-
            2.Darvesh Group: Opening doors to better life. ~8900/-
            3. ..:: Delta Realty ::.. ~8500

            i can see the same rates across...

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            • #7

              #7

              Re : Delta Garden Delta Realty Mira Road Mumbai

              For under construction and that too Phase 2.

              Pre-launch rate is definitely on higher side. Should not be more than 7K.

              Due to location near highway and not in interior Mira Rd he is asking more. So some premium has to be given for that..
              Last edited April 27 2016, 11:35 PM. Reason: Text formatting.

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              • #8

                #8

                Re : Delta Garden Delta Realty Mira Road Mumbai

                I was able to talk to builder and he is may give some discount. How about ~8200/?

                i was not able to find the rate of 7K in that area. infact similar projects are asking more in the same area. Any more suggestion or ideas?

                any one checked with Sanghvi Eco-city? how much they asking?

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                • #9

                  #9

                  Re : Delta Garden Delta Realty Mira Road Mumbai

                  For sanghvi eco-city, i would advise to go thru magicbricks, 99acres, etc. You will b able to find investor flats at cheaper rate than what builder would offer.. I remember a broker offering investor flat at 7200rs there in December..

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                  • #10

                    #10

                    Re : Delta Garden Delta Realty Mira Road Mumbai

                    Originally posted by rsvishalrs View Post
                    I was able to talk to builder and he is may give some discount. How about ~8200/?

                    i was not able to find the rate of 7K in that area. infact similar projects are asking more in the same area. Any more suggestion or ideas?

                    any one checked with Sanghvi Eco-city? how much they asking?
                    I still feel 8200rs is also quite high.. Is phase 2 still in prelaunch? Or they have started construction?

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