Announcement

Collapse
No announcement yet.

Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

Collapse
X
Collapse

Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

Last updated: May 28 2011
31 | Posts
  • Time
  • Show
Clear All
new posts
  • #11

    #11

    Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

    Originally posted by saihtul View Post
    I have seen society flats in Dwarka..size and layout is bad...small rooms not enough provision for sunlight and natural air...apart from this, issue can be of availability and quality of water...it is salted. All metallic sanitary items get rusted in 4-5 years....I know some of my friends are repenting ....and planning to sell and go to big, airy and well planned apartment....Age of apartment is also their concern....
    Facade, age of buildings, extra amenities are definitely better in private homes being offered by private builders, but come at a price, with even higher maintenance cost. For all other reasons as mentioned above, Delhi would be preferred over other NCR.

    Salty water is an issue in certain sectors, but Societies have installed RO/Softening plants, and I know a lot of buildings in GGN and a lot more in Noida having similar issue.

    The new CGHS in DWK will have better construction quality, as they were built after 2004...

    Comment

    • #12

      #12

      Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

      Fresh lot of dwarka DDA flats should see some impact with the release of CGHS inventory. I don't see any near future impact on eway projects because of 1. significant diff in cost and 2. difference is posession time.

      Comment

      • #13

        #13

        Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

        Price difference is for -

        Ready to move in & the difference in the infrastructure .

        Possession time - We r talking about end users who have booked on the D e way, since they could not find anything better .
        Please read IREF rules | FAQ's

        Comment

        • #14

          #14

          Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

          Currently, It would not be wise to compare Dwarka with Dwarka Expressway.
          Dwarka being in delhi will always have an upper edge.Price difference is huge.Dwarka Expressway is anywhere 3500-4500Rs per sq ft, Dwarka has a price tag of around 7000Rs per sq ft.

          The CGHS flats which have been cleared recently are already owned.Where is the supply? These are not new projects.Owners of these flats who were living in the rented apartments will move to their dream homes.
          This might impact the rent, which I am not sure will actually happen.
          DEway has a huge potential and would enjoy the advantage of proximity to Dwarka.

          Those who have invested on DEway, enjoy your investment.

          Happy Investing !!

          Pankaj

          Comment

          • #15

            #15

            Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

            Quite strange, when people were comparing Gcx./Sohna road to the non existent D e way, none of these guys commented .

            Talk of double standards .
            Please read IREF rules | FAQ's

            Comment

            • #16

              #16

              Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

              Originally posted by PankajSingh View Post
              Currently, It would not be wise to compare Dwarka with Dwarka Expressway.
              Dwarka being in delhi will always have an upper edge.Price difference is huge.Dwarka Expressway is anywhere 3500-4500Rs per sq ft, Dwarka has a price tag of around 7000Rs per sq ft.

              The CGHS flats which have been cleared recently are already owned.Where is the supply? These are not new projects.Owners of these flats who were living in the rented apartments will move to their dream homes.
              This might impact the rent, which I am not sure will actually happen.
              DEway has a huge potential and would enjoy the advantage of proximity to Dwarka.

              Those who have invested on DEway, enjoy your investment.


              Happy Investing !!

              Pankaj

              Agreed, this will not increase supply but put more load on dwarka infrastructure (Dwarka still thirsty and still face proper commutation).

              Comment

              • #17

                #17

                Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

                Originally posted by PankajSingh View Post
                Currently, It would not be wise to compare Dwarka with Dwarka Expressway.
                Dwarka being in delhi will always have an upper edge.Price difference is huge.Dwarka Expressway is anywhere 3500-4500Rs per sq ft, Dwarka has a price tag of around 7000Rs per sq ft.

                The CGHS flats which have been cleared recently are already owned.Where is the supply? These are not new projects.Owners of these flats who were living in the rented apartments will move to their dream homes.
                This might impact the rent, which I am not sure will actually happen.
                DEway has a huge potential and would enjoy the advantage of proximity to Dwarka.

                Those who have invested on DEway, enjoy your investment.

                Happy Investing !!

                Pankaj
                Pankaj... A lot of people are not aware of exactly what is this CGHS Scam all about. Briefly, as I put... a lot of members in these CGHS are bogus members, and a lot of investors who along with builders and RCS officials hold/held membership in these CGHS....

                As a result, a lot of inventory is still with the builder, and because of the dispute, there has been no resale activity of these flats for last five years, and a plenty of these will be available for resale in coming months...

                Comment

                • #18

                  #18

                  Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

                  Quite true, people should ascertain facts before imaginary tale telling .

                  Originally posted by mkg007 View Post
                  Pankaj... A lot of people are not aware of exactly what is this CGHS Scam all about. Briefly, as I put... a lot of members in these CGHS are bogus members, and a lot of investors who along with builders and RCS officials hold/held membership in these CGHS....

                  As a result, a lot of inventory is still with the builder, and because of the dispute, there has been no resale activity of these flats for last five years, and a plenty of these will be available for resale in coming months...
                  Please read IREF rules | FAQ's

                  Comment

                  • #19

                    #19

                    Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

                    Both Delhi and Gurgaon are accessible.

                    Originally posted by agrim75
                    there is no comparison between dwarka and gurgaon, delhi is delhi any day.More over targetgroup is totally different.In dwarka one can buy who is having huge amount of cash.If there is any option of buying 1 cr apartment with similar colored money dwarka has edge over gurgaon even though there are many problems in dwarka societies.In gurgaon if u just come out of your society you land in actual gaon and it is no more better than a hell.Dwarka has power,roads,schools,market,metro,close to airport,better bus servive now,connected to any part of delhi and gurgaon.
                    Absolutely right!! I am sure even now people who live in Dwarka but work in gurgaon do not want to shift to Gurgaon

                    Comment

                    • #20

                      #20

                      Re : Dwarka disputed CGHS have been cleared, will it affect real estate projects in GGN?

                      You are taking about 80% increase in the cost if. If someone has this much money to spend at one shot and is looking for end use now, he will go for dwarka anyday, no doubt about it.

                      Eway is for those who are not looking for end use in short term, are inclined to pay in installments and want to have a property close to delhi for less budget. Different segment of people.

                      If this inventory will have any impact, it should be visible on premium of dwarka dda flats in few months.

                      Originally posted by MANOJa View Post
                      Price difference is for -

                      Ready to move in & the difference in the infrastructure .

                      Possession time - We r talking about end users who have booked on the D e way, since they could not find anything better .

                      Comment

                      Have any questions or thoughts about this?
                      Working...
                      X