Gurus,

I have zeroed on Vatika Next Bellevue Residence 240 Sq yard Simplex Villas . Is it good investment 1.2cr - 1.3 cr range. As I checked Nirvana country 2 simplex villa for which asking is from 1.95 cr - 2 cr ..

I am aware of Vatika's pathetic crm department and late delivery practise but I previously hold one of Vatika's property which gave me exceptional returns and construction quality was not bad.

I have time frame of 5 years for this investment and I am targeting 2.5 cr target for this villa investment once property is ready and people starts moving in nearby properties.

Please, let me know your views on this as I have to take decision soon.

Thanks in Advance
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  • Hello,

    I have received 40% one shot demand stating internal plaster of my villa.
    with this clearance, 70% payment will be over. some of the Q's if fellow investor/resident can share some input, if aware would be great

    1. when is the likely date of possession?
    2. how does vatika adjust the penalty for delayed possession?
    3. Will they get OC as they have not in quite a few projects ?
    4. Does it have HUDA electricity/power and water?
    5. What about connectivity with main Road - Dwarka express way as there are farms on the edge with no access ?
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  • Originally Posted by manu813
    Thanks for the update. There is surely land issues which vatika doesn't agree to. Let us see how long we have to wait. Govt need to come with some regulations to rein in these builders.


    Hi Manu Bhai,

    I am in New York at the moment and will be here till next week end ... I have sent you a separate message as well. Let me know if it will be possible to catch up and discuss this Vatika Villa thing etc.

    Regards
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  • Originally Posted by saibal
    Hi Manu Bhai,

    I am in New York at the moment and will be here till next week end ... I have sent you a separate message as well. Let me know if it will be possible to catch up and discuss this Vatika Villa thing etc.

    Regards


    It was nice talking to you Saibal bhai after long time.
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  • Originally Posted by manu813
    It was nice talking to you Saibal bhai after long time.


    Yes same here Manu bro ... I and Chattri bhai are planning to go to the Villa Site around first or 2nd week of May to see where things stand ...
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  • Originally Posted by saibal
    Yes same here Manu bro ... I and Chattri bhai are planning to go to the Villa Site around first or 2nd week of May to see where things stand ...


    Great. Hope you see some development on the site.
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  • Hello all and wish you very happy sunday.

    I can see from the photographs that site activity has picked up pace. Would think signature one to be delivered by end of year or maximum early next year.
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  • Nice pics but seems still a year more of waiting before we get hope of possession.
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  • Yeah possesion looks like far away especially for the units for which work has not started at all.
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  • Some pics from whatsup group...
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  • Some more pictures of Signature 2 : 240 ( Simplex ) & 360 ( Duplex ) ... https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75648

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75649

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75650

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75651

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75652

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75653

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75654

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=75655
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  • Thanks saibal; brother. Looks like things are taking shape finally. What is your assessment.
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  • Dear Manu Bro ... My assessment is as good as yours ... However what I understand is that Vatika is likely to finish & handover the existing Signature 2 Villas by Diwali 2016. So far as other Villa's are concerned ( construction yet to start ) as per Vatika ... work will start in another 2 months ( ? ) where they don't have any land issue.

    Anyway there is some movement happening for sure at the site which looks promising that's all I can say ... However there are pockets where land issue still remain it seems. Find attached some latest pictures from Vatika website for 240 SQYD - Simplex Villa's
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  • Watch this link ... Very interesting.

    Is the real estate regulation act getting diluted even before it gets implemented by the states? Will the regulator be able to protect home buyers' interest and bring in transparency and uniformity in this otherwise unregulated sector? We take a look

    Is The Real Estate Regulator Law Getting Diluted?
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  • Is Vatika INXT Signature 2 next to S1 block?
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  • Hello all

    any latest photos….understand that possession is by end of year. also if there is any other news please share.

    Looking forward to updates.
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