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Information Required | Ramprashtha

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Information Required | Ramprashtha

Last updated: September 4 2012
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  • #11

    #11

    Re : Information Required | Ramprashtha

    Originally posted by Designer View Post
    Hi Guys,

    I would be grateful if someone provide a link or image showing layout plan of RAMPRASTHA CITY including all schemes such as SKYZ, Edge Towers ,The View and Atrium ..

    Technically speaking I am looking for Masterplan of RAMPRASTHA CITY to know abt the location of all ongoing and future schemes.
    Their master layout of entire 450 acre can be only accessed at their Sec 44 office.

    There are Villas - next to Skyz and Edge , Plots, Hospital, Vasant Valley school ( Vasant Kunj - Delhi ), Commercial , Retail mall & Police station.

    Also there are few future residential project land for residential.

    The exact location of Edge & Skyz ca be seen thru wikimapia. Its the D shape block, next to Dwarka Expressway. Skyz and EDGE are opposite to each other

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    • #12

      #12

      Re : Information Required | Ramprashtha

      Even i was planning to book one unit in Skyz but confused on few points, can you plz clarify;
      1) Number of apartments.
      2) Size of this project. I would only prefer low density project.
      3) How far is it from railway track. Big question mark ?????
      4) On what feature they call this project luxury. They are just providing basic specs + AC so how can they call it luxury?

      Seriously this is funny that the builder has not posted any master plan of township, had they done it would have been much easier for investors for sure....

      Cheers,
      Rahul.

      Comment

      • #13

        #13

        Re : Information Required | Ramprashtha

        Originally posted by rahul88 View Post
        Even i was planning to book one unit in Skyz but confused on few points, can you plz clarify;
        1) Number of apartments.
        2) Size of this project. I would only prefer low density project.
        3) How far is it from railway track. Big question mark ?????
        4) On what feature they call this project luxury. They are just providing basic specs + AC so how can they call it luxury?

        Seriously this is funny that the builder has not posted any master plan of township, had they done it would have been much easier for investors for sure....

        Cheers,
        Rahul.
        Sorry i cant help you on it as i am only invested in Edge.

        I invested when Edge was at 2400.

        Can't think of investing at todays rate as for me entry level is very crucial.

        Comment

        • #14

          #14

          Re : Information Required | Ramprashtha

          Rampratha investment

          Originally posted by rahul88 View Post
          Even i was planning to book one unit in Skyz but confused on few points, can you plz clarify;
          1) Number of apartments.
          2) Size of this project. I would only prefer low density project.
          3) How far is it from railway track. Big question mark ?????
          4) On what feature they call this project luxury. They are just providing basic specs + AC so how can they call it luxury?

          Seriously this is funny that the builder has not posted any master plan of township, had they done it would have been much easier for investors for sure....

          Cheers,
          Rahul.
          Hi
          Greetings

          Just to make you aware resale is also not allowed for now.. this gives no exit in case of better opportunity or distress. Better shop around at the current prices

          Cheers

          Comment

          • #15

            #15

            Re : Information Required | Ramprashtha

            Distress sales are allowed, on a case by case basis, but profit booking wont be possible till they officially announce resale.

            Comment

            • #16

              #16

              Re : Information Required | Ramprashtha

              Is there a 1year lockin or resale is totally not allowed. Its big point of concern considering the fact the entry is price if quite high for this sector 37D.

              My another concern is that the bigger projects townships (450acres) have high risk if they don't turn up good. Since a lot depends on single entity i.e. builder only whereas in other areas there are many developers and potential appreciation is much faster.

              Comment

              • #17

                #17

                Re : Information Required | Ramprashtha

                Looking for an investment with Peace of Mind

                Originally posted by rahul88 View Post
                Is there a 1year lockin or resale is totally not allowed. Its big point of concern considering the fact the entry is price if quite high for this sector 37D.

                My another concern is that the bigger projects townships (450acres) have high risk if they don't turn up good. Since a lot depends on single entity i.e. builder only whereas in other areas there are many developers and potential appreciation is much faster.
                Hi
                Greetings

                Ramaprastha is a very genuine and reputed builder and has won continuous renditions and accolades for their past performance. So no doubt about the builders integrity or ethical offering.

                Having said that most builders have earned a very very -ve trust equity with small unit purchasers who have no might or wherewithal but to get frustrated. Just to quote a typical example of a leading builder and his nefarious intentions driven by the lust of supernormal profits by hoodwinking a small investor Mr disturbious.
                Builder "A", whose director is Mr Desi launches a project and gets subscription for Rs100 per unit, sells the project to "B" in a JV 49% in 2 Years for 150 per unit. "B" sells it over to FDI multinational, big dollar man Mr Khalifa al burj al falanah al mastana "C" in yet another year for Rs250 per unit. Lured by the profit Mr desi , director of company A sells his stuff to C as well Rs300 per unit making 3 times his expected profit.

                In the mean time a small investor Disturbious keeps counting his money as he bought at 100 and keeps bloating like a rainforest toad and becoming pink like candy floss

                Now after 4-5 years "C" for xyz reasons sends a letter (immaculately drafted by a team of senior lawyer, retired and paid bureaucrats, judges) to all small harmless insignificant buyers stating that "as per terms and conditions of BBA unfortunately you, Mr Disturbious small investor, cannot be alloted any unit but will be happy to pay you your principal for Rs100 per unit with 6% pa simple rate of interest".

                Now Mr Desi Director company "A" is no where in the picture and pleads innocence and the Director/owner of C who is a big FDI with operations in 10 countries is not approachable..

                Imagine yourself in this situation.. If you thinks this cannot happen you are a dreamer and living in eutopia. Also image that Mr Disturbious was an in..der

                Check link Homes from Hell for other things to be careful about..
                https://spreadsheets.google.com/ccc?...CKjfg6cD#gid=2

                Cheers
                Last edited July 8 2011, 01:29 PM.

                Comment

                • #18

                  #18

                  Re : Information Required | Ramprashtha

                  No i am not pointing towards one builder, but please understand i was putting my point in general way. Developing a complete township required lot of initiative.

                  Btw if Ramprastha is such reputed builder then how come this project is still available in original booking for past 1year at same price. They are unable to dump their inventories.

                  Comment

                  • #19

                    #19

                    Re : Information Required | Ramprashtha

                    Originally posted by manu813 View Post
                    India Property Invests Rs 120 Crore In Ramprastha's Gurgaon Project


                    Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group's housing project Skyz in Gurgaon for Rs 120 crore.
                    The project, being developed on 13 acres in Sector 37D on the Dwarka Expressway in Gurgaon, is part of the company's integrated township Ramprastha City. The company's chief executive officer Nikhil Jain confirmed the deal.

                    About half of the Skyz project, which will have close to 700 luxury apartments, has been already sold by Ramprastha . The money raised from India Property Fund, which is managed by nonresident investor Purnendu Chatterjee's TCG Real Estate and US-based Vornado Realty Trust, will primarily be used for development of Skyz. "Some part of it will also go for other group housing projects in Ramprastha City," said Jain.

                    DTZ was the transaction advisor for the deal. The 450-acre integrated township will include grouphousing , plots, commercial, institutional space, retail, hospitals and an SEZ as well and the company is targeting revenues of over . 8,000 crore from it over the next 6-7 years. In the last two years, investing at the project level has been the preferred route for most PE funds in the real estate space.

                    Source: Economic Times By Ravi Teja Sharma India Property invests Rs 120 crore in Ramprastha's Gurgaon project
                    It incraeses the credibiity of Skyz

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                    • #20

                      #20

                      Re : Information Required | Ramprashtha

                      Originally posted by durb100us View Post
                      Their master layout of entire 450 acre can be only accessed at their Sec 44 office.

                      There are Villas - next to Skyz and Edge , Plots, Hospital, Vasant Valley school ( Vasant Kunj - Delhi ), Commercial , Retail mall & Police station.

                      Also there are few future residential project land for residential.

                      The exact location of Edge & Skyz ca be seen thru wikimapia. Its the D shape block, next to Dwarka Expressway. Skyz and EDGE are opposite to each other
                      When I spoke to the company, it said the map will keep on changing as it is a very big project.

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