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Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

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Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

Last updated: July 24 2017
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  • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

    Abhay,

    It depends on the location actually. If the location is good, there is no reason why they wont be able exit. The reason for GCX studios failing was that they were overpriced. If we talk about Bani, It was overpriced, secondly I am not even sure whether Bani location had access roads existing when it was launched.

    For Conscient, lets try to analyze, if the location has dual access as claimed by the sales team, then 6900 the cost of flat 750 size turns out to be 54 lakhs BSP. Now do u think a flat of 54 lakhs in a good location inside a commercial complex, surrounded by premium residential projects ( lot of projects in sector 109) would be difficult to sell? I feel a lot of bachelors/single professionals would in interested in buying that.

    That is just my understanding, though I am not investing in this project as I dont have liquidity at this point of time but I do feel it is one of the best investment options available at present.

    If Vatika Vista floors of 800 sq feet can sell for 55 lakhs in New Gurgaon, I am sure Conscient 1BHK at 55 lakhs in Sector 109 is a steal

    Thanks





    Originally posted by abhay View Post
    manoj ji is it easy to resale small 1 bhk studio ?
    few months back banni camed in think on gcx around 10000
    anyone able to exit in that

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    • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

      Originally posted by manoj2066 View Post
      Abhay,

      It depends on the location actually. If the location is good, there is no reason why they wont be able exit. The reason for GCX studios failing was that they were overpriced. If we talk about Bani, It was overpriced, secondly I am not even sure whether Bani location had access roads existing when it was launched.

      For Conscient, lets try to analyze, if the location has dual access as claimed by the sales team, then 6900 the cost of flat 750 size turns out to be 54 lakhs BSP. Now do u think a flat of 54 lakhs in a good location inside a commercial complex, surrounded by premium residential projects ( lot of projects in sector 109) would be difficult to sell? I feel a lot of bachelors/single professionals would in interested in buying that.

      That is just my understanding, though I am not investing in this project as I dont have liquidity at this point of time but I do feel it is one of the best investment options available at present.

      If Vatika Vista floors of 800 sq feet can sell for 55 lakhs in New Gurgaon, I am sure Conscient 1BHK at 55 lakhs in Sector 109 is a steal

      Thanks
      Depends on the commercials around that 109 area and how successful they are to attract "real companies" .... Many people will be keen to rent these 1 BHKs for walking to work. That's how the ews and LIG plot owners behind the Cybercity are minting money ....

      But it's a BIG IF !!

      We know that there are heaps of commercials along Sohna road are available with either no tenants or under-rented with few takers

      Comment


      • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

        Originally posted by parveen2013 View Post
        I am planning to sell my unit in tower B 1890 been offered price of 7500 from broker...should I go ahead with this deal....
        Praveen -

        i think you no longer want to sell... as Manoj pointed out already, there is a lot of value unlocking left in this project - if you compare it to either Presidia at 10k or even to Pioneer Park with much lower specs at 8.5k... The prices ran up pretty fast from Last year May to December and are now consolidating before the next run. More likely once the superstructure is completed by July-August this year and internal work starts. So if you can wait for a few months it can yield better.

        I spoke to contact at Conscient for a friend who was wanted to buy. Acc to him the last deal for a park facing unit (2/3) was for 77-7800 range in march.

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        • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

          Hey guys, question...Is this a good property for living?

          Does anyone think this can touch 10000 by the time of possession?

          Comment


          • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

            This is an excellent property for end use, and have lot of potential as investment as well. Being cheapest in the area would attract lot of end users at the time of possesion which would bring only joys to investors (as it has done in last few quarters).

            Originally posted by rahul2002b View Post
            Hey guys, question...Is this a good property for living?

            Does anyone think this can touch 10000 by the time of possession?

            Comment


            • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

              Hi, I am also buying 1890 sq ft in this project for end use, unit no 2-3 are available at higher rate so finally decided to buy unit no 1 or 2 which is available at much lesser rate....one broker offered me 7700 for same...experts pls give your input is it a good deal....also is it a good project for end use planning to shift after 2 years....

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              • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

                Originally posted by vikash chand View Post
                Hi, I am also buying 1890 sq ft in this project for end use, unit no 2-3 are available at higher rate so finally decided to buy unit no 1 or 2 which is available at much lesser rate....one broker offered me 7700 for same...experts pls give your input is it a good deal....also is it a good project for end use planning to shift after 2 years....
                definitely a very good project at an excellent location for end use.

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                • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

                  This is indeed a good project and I can witness the end user demand coming up well. As far as location is concerned, this is the best available among all projects on GCx today! My decision to buy was only influenced by location and the decision became easier since the price point is much more realistic compared to other projects (when you compare based on construction status and specifications taken together)

                  I closed a deal for a unit no 3 of a lower floor in tower B in Feb 2013 for 7.5k (bsp) and already have got an offer from a broker this morning suggesting 8.1k (bsp)!!! Most unit holders are end users on this project and with limited inventory the prices will firm up in the times to come (given the pace of construction)

                  Comment


                  • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

                    Originally posted by vikash chand View Post
                    Hi, I am also buying 1890 sq ft in this project for end use, unit no 2-3 are available at higher rate so finally decided to buy unit no 1 or 2 which is available at much lesser rate....one broker offered me 7700 for same...experts pls give your input is it a good deal....also is it a good project for end use planning to shift after 2 years....
                    I think, You may be ref to units 1 and 4 as lower rate and not 1 and 2. What rates are you being quoted for units 1/4. 7500 is actually realistic as the units facing the Central Park are about 500 psf more

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                    • Re : Heritage One, Conscient Infrastructure, Sec 62, Gurgaon

                      Originally posted by specialist81 View Post
                      This is indeed a good project and I can witness the end user demand coming up well. As far as location is concerned, this is the best available among all projects on GCx today! My decision to buy was only influenced by location and the decision became easier since the price point is much more realistic compared to other projects (when you compare based on construction status and specifications taken together)

                      I closed a deal for a unit no 3 of a lower floor in tower B in Feb 2013 for 7.5k (bsp) and already have got an offer from a broker this morning suggesting 8.1k (bsp)!!! Most unit holders are end users on this project and with limited inventory the prices will firm up in the times to come (given the pace of construction)
                      It is a decent project for end use , no doubt, but why do you think it is best located project based on which parameters . If it is nearness to metro , nearness to GCx , nearness to existing well developed Business Hubs like GCR or sohna road . If you are talking about future then all sectors have their planned future commercial / retail so difficult to say that.

                      It is possibly a good value for money project no doubt .

                      Comment

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