:bab (59): I have confirmed news that Vipul is coming out with new residential project in sec 81/ 82 in coming days . Do anyone has any information about sizes , price & exact location !

Also I need members advise on short term investment in Vipul in comparision with Bestech .:bab (4):
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  • On sunday, i had gone to the site with a friend, who is interested in buying a 3bhk in this project. A broker accompanied us and he has few units up for sale. My friend was quoted 4200-4400 bsp (negotiable) .. is this a reasonable price? i have explored bestech ananda/ dlf NTH and could have helped him with those projects. i found VL's price to be a bit on lower side and asked my friend to go for it..on second thoughts - i dont want him to put his hard earned money in a project having some serious issues...can senior members and people having stake in VL share few pros and cons (esp cons)...personally, i liked the project and didn't find any cons
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  • Originally Posted by tyler_durden
    On sunday, i had gone to the site with a friend, who is interested in buying a 3bhk in this project. A broker accompanied us and he has few units up for sale. My friend was quoted 4200-4400 bsp (negotiable) .. is this a reasonable price? i have explored bestech ananda/ dlf NTH and could have helped him with those projects. i found VL's price to be a bit on lower side and asked my friend to go for it..on second thoughts - i dont want him to put his hard earned money in a project having some serious issues...can senior members and people having stake in VL share few pros and cons (esp cons)...personally, i liked the project and didn't find any cons


    I can tell the rate the broker quoted is good and one should immediately grab this project on such an attractive rates. I know for a reason as I hold a stack in this project and manage a facebook group with 85+ owners of this project. Many peoples bought this project at 4400-4500 prices ranges in resale market 4-6 months ago and currently due to overall slowdown I can see prices getting corrected. Although I don't think it should be further down and if one gets at these 4200-4400 range should grab immediately.

    Overall this project is good and we have a meeting on 26th of this month with CEO and hopefully she will offer possession or any other good news. Certainly this projects rates are bound to hike once possession is offered. So this is the right time to take stake in this project.
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  • Dheer, Need your view on the living conditions in that area. If possession is offerred by Oct'14, then how families would be surviving there. There are no markets, no schools, no hospitals. Even the Toll rates have been increased to Rs. 60. I see a lot of issues before any family can move there.

    Please share your views on the same.
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  • Originally Posted by jollyboy
    Dheer, Need your view on the living conditions in that area. If possession is offerred by Oct'14, then how families would be surviving there. There are no markets, no schools, no hospitals. Even the Toll rates have been increased to Rs. 60. I see a lot of issues before any family can move there.

    Please share your views on the same.


    I would say please visit the site and you will have an idea that you can find bunch of shops operating already on the state highway side which is very close to this project. Everything is already available in these shops. On top Vatika has already launched its market in sector 82 so I don't think getting daily material is an issue there.

    About schools I have heard buses are already carrying children from sector 86-92 to existing Gurgaon so I'm sure that would be not a tough job.

    Please refer to some previous posts on this thread or DLF NTH thread and you would know families are already shifted in these areas. So I think if many are surviving then I don't see any problem staying here.
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  • Any idea about the hospitals in that area?

    Originally Posted by Dheer
    I would say please visit the site and you will have an idea that you can find bunch of shops operating already on the state highway side which is very close to this project. Everything is already available in these shops. On top Vatika has already launched its market in sector 82 so I don't think getting daily material is an issue there.

    About schools I have heard buses are already carrying children from sector 86-92 to existing Gurgaon so I'm sure that would be not a tough job.

    Please refer to some previous posts on this thread or DLF NTH thread and you would know families are already shifted in these areas. So I think if many are surviving then I don't see any problem staying here.
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  • Originally Posted by Dheer
    I can tell the rate the broker quoted is good and one should immediately grab this project on such an attractive rates. I know for a reason as I hold a stack in this project and manage a facebook group with 85+ owners of this project. Many peoples bought this project at 4400-4500 prices ranges in resale market 4-6 months ago and currently due to overall slowdown I can see prices getting corrected. Although I don't think it should be further down and if one gets at these 4200-4400 range should grab immediately.

    Overall this project is good and we have a meeting on 26th of this month with CEO and hopefully she will offer possession or any other good news. Certainly this projects rates are bound to hike once possession is offered. So this is the right time to take stake in this project.


    no doubt the project is good and the prices will go up a bit post possession but possession wont happen before december..thats what the site manager told us...also some of the towers looked cramped..if i remember correctly then tower 5,6 and 7 are more airy...
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  • Just got email from Vipul, there is no increase in floor area of most flats only plan 1410 increased to 1421 an increase of 11 SFT less than 1%
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  • Visited VL on last weekend. Park was looking greener :)

    Saw actual flats in T8. Site manager informed that possession will be offered for T8 by end of June. Rest will follow....
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  • Originally Posted by Dheer
    I can tell the rate the broker quoted is good and one should immediately grab this project on such an attractive rates. I know for a reason as I hold a stack in this project and manage a facebook group with 85+ owners of this project. Many peoples bought this project at 4400-4500 prices ranges in resale market 4-6 months ago and currently due to overall slowdown I can see prices getting corrected. Although I don't think it should be further down and if one gets at these 4200-4400 range should grab immediately.

    Overall this project is good and we have a meeting on 26th of this month with CEO and hopefully she will offer possession or any other good news. Certainly this projects rates are bound to hike once possession is offered. So this is the right time to take stake in this project.


    Hi Guys - were there any substantial updates from the meeting? Will be great if someone can share, thanks
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  • Came across this document on Commonfloor regarding docs required from builder before society handover:

    Keep a Check on These When Builder Hands Over Your Housing Society | CommonFloor Groups Blog
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  • Possession offered in Tower 8 yesterday, pending the OC. Possession of rest of the towers in phased manner as and when fire NOC is received.
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  • Originally Posted by nks.nishant
    Possession offered in Tower 8 yesterday, pending the OC. Possession of rest of the towers in phased manner as and when fire NOC is received.


    congrats
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  • Letter received by Vipul Lavanya Owners:


    Dear Sir/Madam,

    We are pleased to announce that your home at ‘Vipul Lavanya’ is ready for possession. It, being a proud moment for you, does mark an achievement for us. Together we shared a dream, which has now been realized in the form of a living environment.

    The Company in terms of the provisions of Flat Buyer’s Agreement had proposed to handover the possession (Refer Clause No. 08) within the time frame as mentioned therein. We are happy to mention here that the project is now ready and we are in a position to start handing over physical possession of the Residential Unit to you for use and occupation.

    You are requested to undertake the following steps and enable us to handover possession of the aforesaid Residential Unit.

    FORMALITIES FOR TAKING POSESSION

    1. You would be required to pay money towards Balance of Flat Cost (including area revision, if any), IFMS, Electricity charges, Club Charges, Misc. Charges for registration, Maintenance Charges, etc.

    2. NOC (No Objection Certificate) from the Financial Institution/Bank for handing over the possession to you (Only in case wherein there is an existing lien on the Residential Unit in favour of the Financial Institution/Bank).

    3. Four recent passport size colored photographs of all allottee(s).

    4. Two copies of Maintenance Agreement are enclosed with this communication. You are requested to sign in ALL PAGES of both the copies of Maintenance Agreement and send them back (both copies) to the company prior to approaching us for taking possession.

    Kindly remit an amount of Rs.xxxxxx/- (as specified in the statement of account) together with the formalities as detailed above within the time line given. Any delay of payment beyond 30th July 2014 will attract holding charges which in terms of Clause No. 9 of the Flat Buyer’s Agreement.



    To complete the above documents, you are requested to please visit our office at Gurgaon after confirming the date from Mr. Rajeev Srivastava (Ext. No. 302) and Ms. Garima Singh (Ext. No. 520). You may also meet in person or speak to Mr. Rajeev Srivastava (Ext. No. 302) and Ms. Garima Singh (Ext. No. 520) in case you have any query or clarification with regard to the process of handing over the possession of the said Residential Unit. In case you are not in position to visit personally, you may authorize somebody by way of a Power of Attorney.



    After completing the above formalities, you are requested to contact Mr. Vinod Kaushik (Mobile No. 9811793507) for taking the Physical Posession of the said Unit.



    We would like to thank you for your trust you reposed in us and wish that new house brings you joy and prosperity.



    In case, you need any further clarification, kindly do let us know,



    Thanking you,



    Yours faithfully,

    For Vipul Limited
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  • Maintenance charges Rs.2.5/- per sq ft per month. it works out to 3825 rupees for 1530 sq ft flat. Is it reasonable?
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  • Thanks saurabhmnnit. Could you please share the other charges that are being levied at possession apart from the last payment .


    Originally Posted by saurabhmnnit
    Letter received by Vipul Lavanya Owners:


    Dear Sir/Madam,

    We are pleased to announce that your home at ‘Vipul Lavanya’ is ready for possession. It, being a proud moment for you, does mark an achievement for us. Together we shared a dream, which has now been realized in the form of a living environment.

    The Company in terms of the provisions of Flat Buyer’s Agreement had proposed to handover the possession (Refer Clause No. 08) within the time frame as mentioned therein. We are happy to mention here that the project is now ready and we are in a position to start handing over physical possession of the Residential Unit to you for use and occupation.

    You are requested to undertake the following steps and enable us to handover possession of the aforesaid Residential Unit.

    FORMALITIES FOR TAKING POSESSION

    1. You would be required to pay money towards Balance of Flat Cost (including area revision, if any), IFMS, Electricity charges, Club Charges, Misc. Charges for registration, Maintenance Charges, etc.

    2. NOC (No Objection Certificate) from the Financial Institution/Bank for handing over the possession to you (Only in case wherein there is an existing lien on the Residential Unit in favour of the Financial Institution/Bank).

    3. Four recent passport size colored photographs of all allottee(s).

    4. Two copies of Maintenance Agreement are enclosed with this communication. You are requested to sign in ALL PAGES of both the copies of Maintenance Agreement and send them back (both copies) to the company prior to approaching us for taking possession.

    Kindly remit an amount of Rs.xxxxxx/- (as specified in the statement of account) together with the formalities as detailed above within the time line given. Any delay of payment beyond 30th July 2014 will attract holding charges which in terms of Clause No. 9 of the Flat Buyer’s Agreement.



    To complete the above documents, you are requested to please visit our office at Gurgaon after confirming the date from Mr. Rajeev Srivastava (Ext. No. 302) and Ms. Garima Singh (Ext. No. 520). You may also meet in person or speak to Mr. Rajeev Srivastava (Ext. No. 302) and Ms. Garima Singh (Ext. No. 520) in case you have any query or clarification with regard to the process of handing over the possession of the said Residential Unit. In case you are not in position to visit personally, you may authorize somebody by way of a Power of Attorney.



    After completing the above formalities, you are requested to contact Mr. Vinod Kaushik (Mobile No. 9811793507) for taking the Physical Posession of the said Unit.



    We would like to thank you for your trust you reposed in us and wish that new house brings you joy and prosperity.



    In case, you need any further clarification, kindly do let us know,



    Thanking you,



    Yours faithfully,

    For Vipul Limited
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