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What is the Deal Activity in Gurgaon?

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What is the Deal Activity in Gurgaon?

Last updated: June 22 2011
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  • What is the Deal Activity in Gurgaon?

    Please take part in this poll and let us see what people here have been doing to get an idea. You can select more than one option that suits you.
    57
    I made an original/resale flat/plot booking in 2009
    15.79%
    9
    I made an original/resale flat/plot booking in 2010
    28.07%
    16
    I made an original/resale flat/plot booking in Jan-March 2011
    14.04%
    8
    I made an original/resale flat/plot booking in April-June 2011
    17.54%
    10
    I was able to resell my flat/plot in 2009-2010
    3.51%
    2
    I was able to resell my flat/plot in Jan-March 2011
    8.77%
    5
    I was able to resell my flat/plot in April 2011
    0.00%
    0
    I was able to resell my flat/plot in May 2011
    3.51%
    2
    I was able to resell my flat/plot in June 2011
    3.51%
    2
    I have been trying to resell without success - post detail in thread
    5.26%
    3

    The poll is expired.

    Venky (Please read watch a or before posting)
  • #2

    #2

    Re : What is the Deal Activity in Gurgaon?

    Would really appreciate some feed back from those who made resales in 2011 - how easy was the process and did it take time and effort - in other words, was it difficult?
    Venky (Please read watch a or before posting)

    Comment

    • #3

      #3

      Re : What is the Deal Activity in Gurgaon?

      Has any body witnessed a lower resale rate than what was there 6 months back for any project

      Comment

      • #4

        #4

        Re : What is the Deal Activity in Gurgaon?

        Originally posted by amit001 View Post
        Has any body witnessed a lower resale rate than what was there 6 months back for any project
        amitjee!!!

        The answer is a yess!!! But not an emphatic yes.... Prices are more or less hovering around the same levels as 6 months ago..
        Deals I have seen

        1) ireo uptown before 5000 last month 5100 present 4800
        2) today canary before 3850 present 3725
        3) Vipul lavanya before 3200 present 2900
        4) palm studios before 5300 1 month back 4850-4900 now again 5100
        5) grand arch duplex couple of months back 6500 present 6200

        In between heard abt desperate deals for sunbreeze , park view city 2, etc at 15-20% discount but that was more due to investor desperation rather than mkt condition.
        sigpicWe are the ones who wanna choose..Always wanna play ..but we never wanna loose!!!

        Comment

        • #5

          #5

          Re : What is the Deal Activity in Gurgaon?

          Originally posted by amit001 View Post
          Has any body witnessed a lower resale rate than what was there 6 months back for any project
          yes Amit,
          Logix Blossom greens and Logix blossom county which started with a bang at 3100 AI is now avl at 2900AI after almost 40% construction. Logix is a better builder, am not talking about pathetic ones which some of which are hovering at 20% below launch price.

          Basically what i have observed is 80% of projects in pre-launch and launch are highly priced. Prices tend to correct within 9-12 months, then gradually stabilise and increase at 10-15% per annum from 2nd yr onwards.

          The other 20% projects play on investor sentiments.
          MM

          Comment

          • #6

            #6

            Re : What is the Deal Activity in Gurgaon?

            Munish bhai, did you buy in GGN also?

            Examples you give are from NOIDA - and everybody knows NOIDA is very different animal from GGN - like Zebra and Giraffe !!!!
            Venky (Please read watch a or before posting)

            Comment

            • #7

              #7

              Re : What is the Deal Activity in Gurgaon?

              amitjee!!!

              The answer is a yess!!! But not an emphatic yes.... Prices are more or less hovering around the same levels as 6 months ago..
              Deals I have seen

              1) ireo uptown before 5000 last month 5100 present 4800
              5) grand arch duplex couple of months back 6500 present 6200

              Dear St Anger,

              I have been keen on picking up something in Grand Arch, however the rates I have ben quoted upto now have been close to Rs 7000
              If possible, could you please foward me the contact details of the person who quoted this rate of 6200 area to you.
              Thanks a lot !

              Comment

              • #8

                #8

                Re : What is the Deal Activity in Gurgaon?

                Although we dont have too many responses, the results so far do seem to indicate a healthy level of resale activity in GGN.

                Markets in GGN seem healthy and very unlike the Mumbai and NOIDA scenario.

                Has anyone managed to resell a Dwarka expressway project?
                Venky (Please read watch a or before posting)

                Comment

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