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Astaire Gardens by BPTP in Sector 70A, Gurgaon

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Astaire Gardens by BPTP in Sector 70A, Gurgaon

Last updated: June 24 2019
257 | Posts
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  • #61

    #61

    Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

    Hi

    I have brought a 2 BHK in BPTP Pedestal @70A. can you give me some insight about this project
    i have taken this for investment purpose

    Thanks

    Comment

    • #62

      #62

      Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

      Originally posted by smahipal View Post
      Hi

      I have brought a 2 BHK in BPTP Pedestal @70A. can you give me some insight about this project
      i have taken this for investment purpose

      Thanks
      Review of bptp is very bad in this forum search by bptp in 'Search IREF' box, u will find lot of reviews.

      Comment

      • #63

        #63

        Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

        Hi.. As an investment what returns one can expect in 3 yrs for 2 bedroom unit?

        Any help would be appreciated...

        Comment

        • #64

          #64

          Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

          Originally posted by krishna99 View Post
          Stay off from this builder
          Known for delays and harrassing people. Visit bptp parkland you would know it. Our friend blessu can tell stories about this builder.

          http://www.indianrealestateforum.com...nts-16592.html
          Please read IREF rules | FAQ's

          Comment

          • #65

            #65

            Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

            Hi sumitleekha,
            I don't think you will be able to sell the property in 3 yrs. This offer of 15% advance rest on possession will cease as soon as you re-sell this prop.I think the possession will not be before 5 yrs.

            Also try to peel broker and builder for the HUGE High Tension Tower in front of the site. Please do visit the site if you have not done so.

            Comment

            • #66

              #66

              Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

              Thanks.. TezGGN.. what I meant was just before the possession I sell the property to end user or some other investor.. 5 or x years it doesn't matter - with subvention scheme more I think more delay better it is....Also I will check the site next week - especially HUGE High Tension Tower ....
              But Do u think its a good investment option with just ~15% investment upfront?

              Comment

              • #67

                #67

                Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

                and what is better - CLP or Subvention if I am planning to sell it before possession?

                Comment

                • #68

                  #68

                  Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

                  the basic idea is investment
                  i went to the site , things looks promising
                  1. Lots of construction going on
                  2. lots of customer trying to buy 182 yards 2 BHK floor
                  3. landscaping and planning looks fine to me


                  Problem:
                  1. Approach road to the project , although they say they will build up before delivery, i have one more reason to believe that they are selling villas for 9 cr in the same complex ,so i assume people who are buying it will not take without promise of good infrastructure or they will put pressure on builder to deliver it.

                  2. Builder reputation , it is BAD , we know that but every investor is fed up of their respective builder ,so i do not know where BPTP stands


                  Reason of buying

                  1. there is no property so near to Sohna road in this rate and it is just 3 KM from Sohna road /Golf course road junction. all projects near to that area are constructed and i believe people will start living there in 1 to 1.5 years
                  2. quality of life would be really good ,if this project goes as planned
                  3. Subvention scheme, i hope there is no hidden agenda , i checked with builder that Subvention scheme is valid until Sep-2013 and 1st transfer is free.

                  4. for investment, considering if builder builds it on fast pace to get rid of interest he is paying in subvention , i assume it will take min 2 years to hand over, so even if i try to sell it after 18 months ,i believe 12-14 lac premium should not be a problem.

                  Risk:

                  1. Property slump in gurgaon , which lots of people are fearing
                  2. Builder builds it too fast that property do not get any chance to appreciate till that time.


                  Question:
                  1. is my assumption about the premium is ok ?
                  2. is there any other factor ,which i shall consider or missed?

                  Comment

                  • #69

                    #69

                    Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

                    Sir.

                    A few points.

                    Unitech Anthea floors are situated at better location, sec.70 . they have 191 yds 2bhk units being traded at 65 lacs.

                    How do u feel that the units by BPTP (Some people call them 'chor' builder), would appreciate by 12 L over and above to 90L + which is there basic sale price.

                    I strongly doubt that they would fetch any premium.

                    Better to invest in Anthea floors since only 19L payment is gone and premium is about 8 to 10 Lacs. Once construction gets started, you can expect good appreciation.

                    I am invested in Anthea floor.

                    Comment

                    • #70

                      #70

                      Re : Astaire Gardens by BPTP in Sector 70A, Gurgaon

                      what's the difference between Pedestal and Astaire Gardens?? Pedestal are more expensive and small in size and recently launched, whereas Astaire Gardens was launched earlier and are much cheaper and location (70A) and specification (excluding lift) is same.
                      Why one should buy Pedestal and not Astaire Gardens?

                      Expert views?

                      Comment

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