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Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

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Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

Last updated: January 18 2017
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  • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

    Originally posted by fdinvestor View Post
    That’s a sensible decision Ritu. Congrats if you have done the deal. You are investing as an end user so all that make sense.

    The pessimistic outlook re Unitech is mostly driven by what comes in the media. Relatively speaking, Unitech is in a difficult situation but we need to look at the big picture. Almost all infrastructure companies are facing problems due to policy paralysis of GoI. To get better understanding of Unitech situation, you have to look at overall balance sheet. Debt itself is not necessarily is a sign of eminent failure of the company. Looking at total assets and liability situation, Unitech is OKAY. Situation will improve only after election which is likely to have a positive outcome.

    I don’t want to start a political discussion but BJP has better plans for infrastructure investment so I am hoping that Modi will make a cut this time which will have positive impact on the likes of Unitech.

    Finally, we should all take media reports with a pinch of salt. Apart from a small minority, they are all terribly unprofessional, biased, sensationalist, privately run organisations after a quick buck.
    Really !!! Is that your honest opinion about Unitech and that its just a bunch of biased media people who are showing Unitech in a bad light . What about hundreds , if not thousands , of end users - myself included - who have put in their hard earned money since years and are still not getting our homes which were promised years back ? Sir , with due respect , Unitech is truly in a bad financial situation or else why would they not complete projects where the structure of the buildings are ready since years ( Escape , Fresco , Harmony , etc ) and hand over these apartments ? The truth is that they have no money to complete these projects . And for some reason if they do have the money but are choosing to just park our hard earned money ( having collected 95% of the payment due for these apts ) somewhere else and earn interest on it , then it just shows what a corrupt and bad company it is and that no one - end user or investor - should put their money in their projects . And pls dont forget all investors at the end rely on selling to an end user to make money . Once the word truly gets around about their true reputation , then just like Rituji , there will be no end users for their projects as well meaning all investors will also stand to lose their money . Think about it ...

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    • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

      I agree 100%. Unitech is definitely doing something weird here. Our money isn't going where it's supposed to. Why else would they have not finished construction on all these pending projects.
      it's not just Unitech. People have had similar problems with other big builders like BPTP and Jaypee as well. These "reputed" builders are taking advantage of their investors.

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      • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

        i also saw unitech's woodstock floors ...because i was looking floor there too. to my surprise the construction quality is also very poor there. Someone told me that floors take very less time to build but unitech took some 6-7 yrs to build these woodstock floors in nirvana 1 and that too with this bad quality. I agree with mehta ji...dont know where are they putting people's hard earned money.

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        • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

          How come u know... It is for Sec 70 24 acres in which Anthea Falls

          Originally posted by shane13 View Post
          This notice is for Southpark

          Sent from my Galaxy Note II

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          • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

            Originally posted by mgogia2 View Post
            How come u know... It is for Sec 70 24 acres in which Anthea Falls
            Because I have checked the EC letter from the number mentioned in the notice (2014/21). It clearly mentions residential 'towers' in the details and not floors (attached for your reference).

            Moreover, the notice coincided with commencement at USP site whereas, work at Anthea started much before
            Attached Files

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            • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

              There seems to be a flurry of emails from brokers inquiring ... if someone was interested in selling their unit at Anthea..

              Can someone please confirm the prevalent premium on 239 sq yd... 1st & 2nd floor ?

              Also, anyone recently visited the site.. any update on construction will be appreciated.. Thanks

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              • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                Originally posted by Views123 View Post
                There seems to be a flurry of emails from brokers inquiring ... if someone was interested in selling their unit at Anthea..

                Can someone please confirm the prevalent premium on 239 sq yd... 1st & 2nd floor ?

                Also, anyone recently visited the site.. any update on construction will be appreciated.. Thanks
                I talked to a broker over the weekend. He told me that the premium is around 8-10 lacs.

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                • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                  This morning i called Unitech to get an update on the construction status. I was told by a senior manager that the construction has already started and they have plans to complete the project by end of 2015.
                  Last edited February 10 2014, 08:49 PM.

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                  • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                    Originally posted by buzzamits View Post
                    This morning i called Unitech to get an update on the construction status. I was told by a senior manager that the construction has already started and they have plans to complete the project by end of 2015.
                    highly suspicious. Some people havent even received a demand yet

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                    • Re : Unitech Anthea Floors by Unitech Developers in Sector 70, Gurgaon

                      Hi any news or update on anthea ???? I got a mail dat const for south park started, i think dat means dey will delay anthea start further due to lack of funds .....

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