Conscient Heritage One Gurgaon Project

One is one of the popular Residential Developments in Sector – 62 of Gurgaon. It is among the well known Projects of Conscient Group. The landscape is beautiful with spacious Houses.

Heritage One is a new offering on the Golf Course Extension Road, located in Sector 62, just next to the Heritage School, that is why it's called Heritage One, Gurgaon. The Site is very well located as far as the location goes. Considering that Golf Course Extension Road is poised to be the next big destination in Gurgaon (read article about Golf Course Extn. Road). The site is located in the vicinity of the Ireo City & The Pioneer Park on the Golf Course Extn. Road
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  • Hi

    Any idea why only HDFC Ltd has approved this project???.

    I am very close to a buying decision, but at fag end learnt that this project is not approved by any other bankers. Is this a concern, does anyone see an issue with other bankers not opting to fund this project?
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  • SBI and some other banks are also funding it now, u can check with them. For a more info u can check with CRM but during my last meeting with them, they did mention SBI, Indiabulls and Bank of Maharashtra.

    Thanks
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  • Originally Posted by manoj2066
    Magadh,

    Wanted to correct ur statement, they are adding a floor every 20 days flat. In other words 3 floors in sixty days, so that means an installment every 60 days. The next would be due for tower B & C on 05 April and the letters would be sent out by 19/20 March.

    Thanks



    would you know whom the construction contract has been awarded or do they do the same by themselves. It is a very good pace .
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  • Originally Posted by manoj2066
    SBI and some other banks are also funding it now, u can check with them. For a more info u can check with CRM but during my last meeting with them, they did mention SBI, Indiabulls and Bank of Maharashtra.

    Thanks


    Axis Bank as well
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  • Conscient is doing the construction themselves.


    Originally Posted by kinjalchato
    would you know whom the construction contract has been awarded or do they do the same by themselves. It is a very good pace .
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  • Thank you memebers...i am getting my loan approved from HDFC
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  • Originally Posted by "specialist81
    Thank you memebers...i am getting my loan approved from HDFC


    I just got mine approved from them as well. Pretty much hassle free... Happy to help if you have any questions as I went thru the process last recently

    Another good thing I learnt is that they are ok to approve the loan for the entire value (100%) on the ATS - for this project!
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  • Hey Magadh,

    I would advise you shift ur home loan to SBI as there is a huge difference in the interest charged by pvt banks and SBI.

    Since SBI is funding the project it would make sense to transfer ur loan.

    They might take more time initially but the savings are significant.



    Thanks
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  • Bro- I had applied to both HDFC and SBI and wanted to go to SBI, but the loan was not still approved on time. I found the HDFC more proactive (from an NRI viewpoint) and that they have a local foreign helped coordinate things easily

    I negotiated a good rate based on my existing loan repayment records and the credit score - so the difference was not much with SBI...

    Will keep a track and possibly bridge over to SBI shudder it get more attractive :)

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  • I am also very happy with the way HDFC is dealing with my case. They do understand the business they are in and are fast and efficient with standardized procedures
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  • Hi Manoj, magadh

    Can you help me with information on heritage one. I don't have coloured money is it still possible that the builder has some inventory ?

    Thank you so much
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  • Hi,


    The builder only had top floor units available, One of the channel partners had a first floor unit available in Tower B, I think the unit no was B-101.

    However both these kinds of unit are very difficult to sell in the gurgaon market. If the builder has not been able to sell it, you would find it much more difficult to sell them on ur own.

    Secondly the company price is always about 10-15 lakhs more than the market price, so no point buying directly from the company.

    You should rather look for a all white resale deal. Nowadays a lot of all white deals are happening. Look around am sure u wud find something.

    All the best.
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  • Originally Posted by "ZeusJunior
    Hi Manoj, magadh

    Can you help me with information on heritage one. I don't have coloured money is it still possible that the builder has some inventory ?

    Thank you so much


    I was in the same shoes as you... With no unaccounted money- but was able to find a seller who was ready to accept all cheque payment.

    Also if you search you will be able to find many bookings for 5000+ rates which means the premium is anyways lower than the other projects in this area which were launched for 3000-4000 SPF rates.

    Let us know on the forum how your search progresses.

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  • Hi...i was evaluating a ground / first floor in this project.

    Any specific reason for lack of liquidity and difficulty to sell the lowest floors? How much should be the price differential for lower floors vis-a-vis middle floor
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  • Originally Posted by "specialist81
    Hi...i was evaluating a ground / first floor in this project.

    Any specific reason for lack of liquidity and difficulty to sell the lowest floors? How much should be the price differential for lower floors vis-a-vis middle floor


    Ground floors (just like the topmost floor) may not be the first choice of many buyers if you are an investor.. If you are looking for self-use, of course it's a personal choice and you don't need to think twice - it's a good project.

    As an investor, Another thing you may want to keep in mind is that central court facing units 3/4 in tower b/c are the ones most in demand so it may be worth paying a little premium for getting something which has a higher liquidity.

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