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Studio Apts in GGN? Analysis please?

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Studio Apts in GGN? Analysis please?

Last updated: October 4 2012
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  • #21

    #21

    Re : Studio Apts in GGN? Analysis please?

    Serviced apts are a different matter - they will cost 3 times as much as a studio and are meant for short term lease and as Munish points out, they are for corporate lease outs and are operated commercially.

    Even then around 4500 psf for a 400-500 sf serviced studio would be doable.

    6000 for an 800 sf studio is not doable except as commercial realty

    I was interested in a more basic kind of studio mainly as a rental apt for bachelors - there are enough people earning 25-40,000 who might be interested.

    Unfortunately, seems like they have all booked their own apts and are paying EMI instead of rent!

    There are many such options in NOIDA, none in GGN which is strange. Everyone seems to believe in renting bigger flat and sharing with 3-4 guys instead.

    Ishan, thanks for the input, will look into it. But what do you think of their prospects - would appreciate your thoughts?
    Venky (Please read watch a or before posting)

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    • #22

      #22

      Re : Studio Apts in GGN? Analysis please?

      Originally posted by MANOJa View Post
      This pricing of 6-7 K for studio apartments is beyond my understanding . Maybe, i am out of sync here .

      How would one recover the interest on the investments, unless, as AmitMM jokingly suggested of their use as "like the US drive ways motels of the hourly rental kind!!!!" .
      Manoj jiand venky sir , as i agree the pricing is a absurd , but then again service apartments are commercial FSi and studio appt are residential FSI ....... Baani 7400-7600 the pricing is absurd very true , but if skyon in the exact same location can sell at 7700 with residential FSI then why not BAANI service appartments with commercial FSI at this price ??? I dont think any major return would be there on baani service apartments till the time they are leased out (which should be at a good 13-14 % returns per annum after leasing) , but after that it should be a smooth ride , on prism suites from my understanding the pricing is decent and still has upside left but the developer is new and his credentials may be questionable . ABout vigneshwara one i have no clue

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      • #23

        #23

        Re : Studio Apts in GGN? Analysis please?

        can some one give comparison between studio & 2 bhk in gurgaon
        Garg

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        • #24

          #24

          Re : Studio Apts in GGN? Analysis please?

          R there any options of Studio apartments within the range of 4 K in GGN ?

          Originally posted by ISHANb View Post
          Manoj jiand venky sir , as i agree the pricing is a absurd , but then again service apartments are commercial FSi and studio appt are residential FSI ....... Baani 7400-7600 the pricing is absurd very true , but if skyon in the exact same location can sell at 7700 with residential FSI then why not BAANI service appartments with commercial FSI at this price ??? I dont think any major return would be there on baani service apartments till the time they are leased out (which should be at a good 13-14 % returns per annum after leasing) , but after that it should be a smooth ride , on prism suites from my understanding the pricing is decent and still has upside left but the developer is new and his credentials may be questionable . ABout vigneshwara one i have no clue
          Please read IREF rules | FAQ's

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          • #25

            #25

            Re : Studio Apts in GGN? Analysis please?

            1bhk appts

            Originally posted by MANOJa View Post
            R there any options of Studio apartments within the range of 4 K in GGN ?
            No in GGN, Yes in Noida

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            • #26

              #26

              Re : Studio Apts in GGN? Analysis please?

              Originally posted by MANOJa View Post
              R there any options of Studio apartments within the range of 4 K in GGN ?
              well not aware of it ...... but have you checked vigneshwara sector 74 i guess ........

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              • #27

                #27

                Re : Studio Apts in GGN? Analysis please?

                Not heard too many good things on Vigneshwara & really not much aware on this builder.

                Originally posted by ISHANb View Post
                well not aware of it ...... but have you checked vigneshwara sector 74 i guess ........
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                • #28

                  #28

                  Re : Studio Apts in GGN? Analysis please?

                  This is a duplicate thread & is being closed .



                  For further information & discussion on this topic/project, please visit:



                  https://www.indianrealestateforum.co...urgaon?t=21814


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