Hello !
I have 3 BHK in Omaxe Height, Faridabad . I wish 2 know senior members advise if it is better to hold this flat or sell it & invest in other projects. I am confused on this & will appreciate early response. :bab (26):
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  • Originally Posted by brandoo
    Ahsaan..... Builder will never hesitate in duping apartment buyers because of this very reason. People take it given that delay will happen and are pretty okay with 3-4 years of delay.


    You are doing a great job. I have been talking to people who have been quoting your name in the conversation. Nice initiative.
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  • Originally Posted by miketest
    Disagree with this post. Omaxe Heights is the only project still seeing resale transactions and prices are holding unlike other under construction projects where they are coming down. Have confirmed buyer for my flat on 6th floor in Trump (no PLC) for 54 lakhs. :) :)

    And Hi everybody.


    yes brother the minimum price of high floors is 50+ lacs and some owners are demanding more than 58-60 lacs and three bedroom is available in more than 70-75 lacs
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  • thanks for replies ....

    but it moved fast to 45lac than 50 + took more than a year +


    in financial terms its seen as negative appreciation as other builders like SRS even uppal jade is commanding higher premium than omaxe ( its noticable that SRS priced much lower earlier in comparison )
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  • Originally Posted by rabidgoat
    thanks for replies ....

    but it moved fast to 45lac than 50 + took more than a year +


    in financial terms its seen as negative appreciation as other builders like SRS even uppal jade is commanding higher premium than omaxe ( its noticable that SRS priced much lower earlier in comparison )


    Kya bhai. SRS and Uppal are not commanding higher premiums. Uppal is catching up and SRS is still behind.
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  • oh that means more deeper , despite of lot of claimed development , prices are not moving up ? does it mean that ?
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  • Originally Posted by miketest
    For Omaxe nope, holding on. For SRS and Uppal, prices are moving up as the master road is reaching them. That's why the price difference between them is getting reduced. I had said that once that ultimately all the projects in vicinity will have similar rates provided projects are similar in nature.


    thats what I alerted in my thread , OMA XE rates falling in term of near by projects ....

    as omaxe lac on connectivity issues and other problems
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  • till the time omaxe didn't solve connectivity issue the rates of other projects dominates it

    rest internal factors of omaxe are pulling rates down in omaxe , heard plaster of wall is so poor that only small clock etc can be hanged rest plaster will come out , seepage .....

    heard omaxe got some expensive security agency , residents shelling out money but for kind of security like bikes theft etc raised alarms

    fights among resident is everyday drama as per forum all reference from postings


    society building and its reputation maintenance are two different things , pomace seems fulling short on both parameters
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  • Originally Posted by miketest
    Kya bhai. SRS and Uppal are not commanding higher premiums. Uppal is catching up and SRS is still behind.


    SRS will always fetch lower premium compare to other GH in close proximity. It's due to....

    1) pathetic construction quality. Finished quality is poor. One of my known is utterly disappointed with the cheap quality materials used in his flat.

    2) less open space.

    Particularly SRS Residency will suffer in resale market, for "school building collapse" & cracks thereof.
    OH is still dominant in resale market, however with master road through Hari Nagar is taking shape other societies are also catching up fast.

    Btw, with return of Mike n Rohit, iref fbd has got a new life. I also now feeling urge to post here again on frequent basis ( was in hybernate mode, since departure of mike, rohit, NSS & Blessu). I must say Yogesh bhai & P Garg ji has saved the fort :)
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  • Originally Posted by sayan
    SRS will always fetch lower premium compare to other GH in close proximity. It's due to....

    1) pathetic construction quality. Finished quality is poor. One of my known is utterly disappointed with the cheap quality materials used in his flat.

    2) less open space.

    Particularly SRS Residency will suffer in resale market, for "school building collapse" & cracks thereof.
    OH is still dominant in resale market, however with master road through Hari Nagar is taking shape other societies are also catching up fast.

    Btw, with return of Mike n Rohit, iref fbd has got a new life. I also now feeling urge to post here again on frequent basis ( was in hybernate mode, since departure of mike, rohit, NSS & Blessu). I must say Yogesh bhai & P Garg ji has saved the fort :)


    I am not bothered about others ,but thread is focused on omaxe heights , I am amazed its still dominated .... but in poor connectivity , despite of being the first land of humans in alien place Gfbd.

    with high occupants, MLA several visits , pseudo activism of RWA , etc , but what is end result , NO MAster Road connection so far to Omaxe.

    in front of gate of omaxe , there is tower, kacha house , etc it will not go easily , and road might come in next year end or. after 5 years .... a decent road


    by than other issues lawlessness and inside issues will bloat out thus in long or soft run omaxe will not get anything
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  • a good project is how killed by government , officers , builders ,residents is best example of omaxe.

    let me tell u simple example , SRS residency no one can enter without entry but Omaxe any one can say minarva tower flat no xyZ mein Jana hai ..... this is level of security omaxians are paying and bearing with .

    token and other systems are in place but as I told society gentry is big question mark , with more n more villagers locals are dominating thus beating abusing guards and other staff often reported .


    I only write what is being highlighted by omaxe residents in earlier posts ... likewise this , it will only develop a high rise village , oh by the way i also heard cases of Moral Policing done by residents in the past ....
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  • sir there are several major serious issues society is facing ..... but take it positive as other societies learning from it
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  • Originally Posted by miketest
    You are doing a great job. I have been talking to people who have been quoting your name in the conversation. Nice initiative.


    Thanx buddy.B/w welcome back....
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  • Originally Posted by brandoo
    Thanx buddy.B/w welcome back....


    Pleasure and keep doing your gig. Its good, someone should put up resistance. success/failure does not matter.
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  • Originally Posted by rabidgoat
    mysterious deaths reported



    This is new.

    Tell us more about this.
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  • Originally Posted by ThePunjabi
    This is new.

    Tell us more about this.


    Hi
    Greetings

    https://www.youtube.com/watch?v=Qz0Rb9cgfAo
    Airhostess in Faridabad jumps to death - The Times of India

    This can happen anywhere

    Cheers
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