Hello
I am starting this new tread since a number of projects in CR are approaching the final 6 months of completion. Mahagaun recently paid penalty cheques to all the owners in Mascot for any delay .

Dumping ground issue is out of Dundaheda now and this has come in several news papers now .
NH 24 widening is sanctioned and tender is floated.Does any one have any thing to add .

I am an owner in Mahagun mascot project and am an end user. Would like to see a useful flow in information in this thread for the benefit of all .

Happy threading :)
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  • thanks @gm_diwedi for your comment. I will probably go for it...

    for 2775 sq ft (4BHK + SR) mahagun is asking for 3090/sq ft + parking (3.5 Lacs, 2 cars B2B) + IFMS (15/psft) + PLC (50 park face + 15 for each floor below 15th) ....I think I should be able to negotiate it further by say 3-4 % ..is it fair price ?
    Total = 92,30000 + IFMS + Registry (hoping to negotiate it further 3-4%)

    This price includes fully furnished apartment (complete woodwork, designer POP, glass shower cubicals, split ACs , modular kitchen etc)

    Since you live there I'm hoping you have better prospective on price trends and quality....

    thanks 4 ur help & time.
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  • Above price calculation is done for 11th floor -- EAST facing -- Park facing apartment..
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  • Originally Posted by raghu2011
    thanks @gm_diwedi for your comment. I will probably go for it...

    for 2775 sq ft (4BHK + SR) mahagun is asking for 3090/sq ft + parking (3.5 Lacs, 2 cars B2B) + IFMS (15/psft) + PLC (50 park face + 15 for each floor below 15th) ....I think I should be able to negotiate it further by say 3-4 % ..is it fair price ?
    Total = 92,30000 + IFMS + Registry (hoping to negotiate it further 3-4%)

    This price includes fully furnished apartment (complete woodwork, designer POP, glass shower cubicals, split ACs , modular kitchen etc)

    Since you live there I'm hoping you have better prospective on price trends and quality....

    thanks 4 ur help & time.


    about a carore for CR....what this world has come to.
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  • Originally Posted by Jai_Singh
    about a carore for CR....what this world has come to.


    This will certainly boost confidence of people who have already invested in CR.

    It also shows CR has emerged as a hotspot in NCR RE.
    As per my info there are penthouses and duplex available in CR which will be put to sale by builders later when price will climb to certain level.
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  • Originally Posted by Jai_Singh
    about a carore for CR....what this world has come to.


    lOl ..same was my reaction. but good to see people getting their faith back in CR. good for those who had invested here and been in serious tension for a while :)
    good luck with all.
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  • Mahagun Builder and Mahesh

    Following post was posted at IREF only last week about Mahagun by vijay dhiman. Original Thread by Mahesh is:

    https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/ghaziabad-real-estate/19946-mahagun-robbed-my-entire-life-savings-in-its-crossing-ghaziabad-project/page13?t=22063&page=13

    Hope all are aware of Mahagun. I would never go to such builder.

    Sumit
    _______________________________

    Finally Mr Mahesh has won his battle. Congratulation Mr Mahesh.

    क्रासिंग रिपब्लिक के एक शापिंग प्लॉजा को ढहाने के आदेश

    खरीदार को रिएल्टी प्रोजेक्ट की खूबियां ब्रोशर में दिखाकर फ्लैट की बिक्री कर मनमर्जी से नक्शे में बदलाव करने वाले बिल्डर के खिलाफ उपभोक्ता फोरम ने निर्माण ढहाने के आदेश दिए हैं। फोरम ने बिल्डर को शापिंग प्लाजा 30 दिन के अंदर ध्वस्त कर हटाने के आदेश दिए हैं। साथ ही परिवादी को मानसिक क्षतिपूर्ति के लिए 25 हजार रुपये देने का आदेश भी दिया है। दिल्ली के वसुंधरा एंक्लेव में रहने वाले महेश नारायणन ने वर्ष 2007 में महागुन इंडिया प्राइवेट लिमिटेड द्वारा क्रासिंग रिपलब्लिक में तैयार हुए एमजी मैस्कट प्रोजेक्ट के मिलानो टावर में दिसंबर 2007 में एक फ्लैट लिया था। फ्लैट खरीदते समय बिल्डर ने जो ब्रोशर दिखाया उसमें मिलानो टावर के सामने एक मंजिला कंवीनिएंट शॉप एवं पब्लिक प्लाजा होना भी दिखाया था।


    लेकिन कुछ समय बाद बिल्डर ने शापिंग प्लाजा को दो मंजिला बढ़ा दिया। इससे परिवादी ने उसके फ्लैट में सूर्य की रोशनी, हवा में बाधा तथा प्राइवेसी का भी हनन होने का हवाला दिया। इस संबंध में परिवादी ने जब बिल्डर से शिकायत की तो उसका निराकरण नहीं किया गया। इसलिए परिवादी ने फोरम में शिकायत करते हुए पैरवी की। फोरम में वाद चलने के दौरान बिल्डर ने परिवादी को रुपया ब्याज सहित लौटाने का ऑफर दिया, लेकिन खरीदार ने इसे नहीं माना। मामले में फैसला सुनाते हुए फोरम के चेयरमैन एके श्रीवास्तव तथा सदस्या प्रीति त्रिपाठी ने पब्लिक प्लाजा को तीस दिन के ध्वस्त करने के आदेश दिए हैं।


    सुप्रीम कोर्ट के आदेश का हवाला फोरम ने अपने आदेश में सुप्रीम कोर्ट के भी एक आदेश का हवाला दिया है। सर्वोच्च नयायालय ने गाजियाबाद विकास प्राधिकरण बनाम बलवीर सिंह एआईआर 2004 सुप्रीम कोर्ट 2141 में यह व्यवस्था दी है कि अगर ब्रोशर में बताई गई तिथि तक उपभोक्ता को संपत्ति का कब्जा नहीं दिया जाता है तो विलंब के संबंध में उपभोक्ता को क्षतिपूर्ति, किराया व अन्य मद में दी जानी चाहिए। यानि ब्रोशर से अलग कार्य करने पर गलत माना जाएगा।



    http://www.livehindustan.com/news/de...catiopnvalue=2
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  • Question here is not a crore rupees but 3090 (may be 2950 with discount) inclusive of everything except parking, PLC for a east/park facing flat with all woodwork and some luxury features like small terrace, split acs, designer false cielings, modular kitchen etc

    My question is is the price per sqft looking at specifications justified for CR....

    It's coming to 90+ lacs because it's 2775 sq ft ...so it's the size which is jacking $$$$ here .....

    Guys help.......
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  • Originally Posted by raghu2011
    Question here is not a crore rupees but 3090 (may be 2950 with discount) inclusive of everything except parking, PLC for a east/park facing flat with all woodwork and some luxury features like small terrace, split acs, designer false cielings, modular kitchen etc

    My question is is the price per sqft looking at specifications justified for CR....

    It's coming to 90+ lacs because it's 2775 sq ft ...so it's the size which is jacking $$$$ here .....

    Guys help.......



    Go Ahead, Buy it and invite us for a Bash...If u will.;)
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  • Originally Posted by raghu2011
    there are 200 sq yard villa available for 90-95 lacs with no loan facility in CR society...buy two and join them ...one of the guy has done it and looks amazing.....

    Can you please share details of villas e.g. rate (psf), no of rooms, duplex/simplex, other charges etc.
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  • Crossing Republik - Latest Updates

    Originally Posted by Never2Late
    Can you please share details of villas e.g. rate (psf), no of rooms, duplex/simplex, other charges etc.


    As per my understanding, these Villas do not have the approvals as yet which is the reason why no bank loans on them. Please do due dilligence before committing
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  • IMO, the rate are on higher side given that prevailing rates are in 2500-2650 for RTM and that there'll be few takers (ppl who can afford :B) for such majestic property. A hard bargain :bab (20): can definitely get you a sweeter deal at 75-80L!

    Most properties there have been offering semi-woodwork, semi-modular kitchen, split ACs in all bedrooms, LCD, Geyser, electric/fan fittings - so from that perspective - they aren't offering much more than other builders. Terrace is definitely a luxury - is that too counted in the space mentioned?



    Originally Posted by raghu2011
    Question here is not a crore rupees but 3090 (may be 2950 with discount) inclusive of everything except parking, PLC for a east/park facing flat with all woodwork and some luxury features like small terrace, split acs, designer false cielings, modular kitchen etc

    My question is is the price per sqft looking at specifications justified for CR....

    It's coming to 90+ lacs because it's 2775 sq ft ...so it's the size which is jacking $$$$ here .....

    Guys help.......
    CommentQuote
  • Hi,

    If you plan for an investment, I have some reservation. CR is no longer meant for investor... its End user Gentry here now... You should not expect sudden hike in rates ...

    Btw, if you would like to finalize the same.. I have a broker friend reference for you .. just pm me
    Thanks.
    GD


    Originally Posted by raghu2011
    thanks @gm_diwedi for your comment. I will probably go for it...

    for 2775 sq ft (4BHK + SR) mahagun is asking for 3090/sq ft + parking (3.5 Lacs, 2 cars B2B) + IFMS (15/psft) + PLC (50 park face + 15 for each floor below 15th) ....I think I should be able to negotiate it further by say 3-4 % ..is it fair price ?
    Total = 92,30000 + IFMS + Registry (hoping to negotiate it further 3-4%)

    This price includes fully furnished apartment (complete woodwork, designer POP, glass shower cubicals, split ACs , modular kitchen etc)

    Since you live there I'm hoping you have better prospective on price trends and quality....

    thanks 4 ur help & time.
    CommentQuote
  • I don't agree on this.

    Mahagun Has very few inventory left... I had tried to do the same 2 years back.. and I found that they are in no-hurry to sell the Majestic flats. I think they wants the value of their offering.

    Originally Posted by mayank10
    IMO, the rate are on higher side given that prevailing rates are in 2500-2650 for RTM and that there'll be few takers (ppl who can afford :B) for such majestic property. A hard bargain :bab (20): can definitely get you a sweeter deal at 75-80L!

    Most properties there have been offering semi-woodwork, semi-modular kitchen, split ACs in all bedrooms, LCD, Geyser, electric/fan fittings - so from that perspective - they aren't offering much more than other builders. Terrace is definitely a luxury - is that too counted in the space mentioned?
    CommentQuote
  • Originally Posted by chikoo
    As per my understanding, these Villas do not have the approvals as yet which is the reason why no bank loans on them. Please do due dilligence before committing


    They are illegal too..as they were not in the plan... If any Main CR resident file a case .. builder will be in great mess..... builder will be in great mess...
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  • Originally Posted by Jai_Singh
    about a carore for CR....what this world has come to.


    Its because of size of the flat ... rate wise it is still around 3000 .. whether you take 1 bhk, 2 bhk or so...
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