Members!!!!

I have been looking to invest in a 2-3 Bhk since a couple of months now and more or less zero-ing on ireo sector 67a project ( although uptown, palm studio and victory valley are still on my radar) ... I request all knowledgable members ( especially the seniors and brokers in disguise of members) to comment upon the pros and cons of the project.

Also, I'd request other members planning to go for the project to get in touch with me, so that, we can look for a deal as a group rather than as multiple single parties .

As a start to the thread, let me list out a few pros and cons.

PROS

- New launch. Very little upfront payment.
- Specifications, better than basic, which are becoming a hallmark of ireo.
- location ( as per first information) looks to be good. Behind sector 67 or say
behind victory valley and PVSN
- other projects of the builder getting handsome appreciation and excellent
speed of all projects as of now ( cash crunch doesn't seem to be affecting the
So called FDI funded , politically funded as per grapevine, builder at all.

CONS

- yet undemarcated sector. Not in master plan 2021.
- builder, although very promising, hasn't delivered anything as yet
- specifications will be more along the lines of uptown ( which is available in
resale at 4800-4900 levels and has better location) and not very luxurious
Like grand arch,victory valley or skyon.
- although pricing is very speculative as of now but if it ends up 5k or more
Will be a disappointment ( like unitech south park).


I hope to hear from the other guys soon ....
;)





MODERATOR's NOTE - This thread was started about 18 months back, when this project was rumored to be getting launched . Due to delay in the launch this thread went into hibernation for some time and it is now alive . Newbies/First time users, please note & do not get misguided by the last year's launch price that stands mentioned . A duplicate thread { which stands closed now } has some updated information . Refer http://www.indianrealestateforum.com...7-a-46911.html .
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  • Amenities, features and specifications look impressive.

    All the best to the investors/end users of this project.

    RA

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  • yes, launched. i was worried about layouts and specs, quite good.
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  • Originally Posted by gauravkh
    yes, launched. i was worried about layouts and specs, quite good.


    Any knows the launch price? I am hearing 9450.
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  • Full Page advertisement ( fron and second page ) of the project . Overall a good project except for the density .

    Interesting to note that they have a new location map which shows that skyon or ireo plots is not part of Ireo city , is it an error

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  • Apart from the huge size of the project which necessitates a large club and 2 pools, specs seem more like Uptown rather than GA/Skyon/IVV.

    As in Uptown, layouts are efficient - a decent looking 3BHK in 1852 sqft.

    But surprised to see Split ACs and not VRV.

    The project layout does seem congested but overall, it looks impressive :)

    What is the launch price and PLCs ?
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  • VRV is there for cluster D only, rest cluster A,B,C with split AC's.
    Density for sure will be a concern, this doesn't go with the Open Living concept of Ireo.

    Originally Posted by sh-saxena
    Apart from the huge size of the project which necessitates a large club and 2 pools, specs seem more like Uptown rather than GA/Skyon/IVV.
    As in Uptown, layouts are efficient - a decent looking 3BHK in 1852 sqft.
    But surprised to see Split ACs and not VRV.
    The project layout does seem congested but overall, it looks impressive :)
    What is the launch price and PLCs ?
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  • layout looks good
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  • It states under the adv ..licence was given on 21.02.13 & building plans approval was given on 23.07.13 for 1780 units , implying lesser no of units than preciously circulated !

    The delay in the launch it seems was only because the delay in getting the building plans passed ..thereby confirming the genunity of the RM , as she had stated the same 3 -4 months ago at the time of second installment .

    According to the operator on their toll free number , the launch is at 9850
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  • they told me its 10050/-
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  • Originally Posted by Varun83
    they told me its 10050/-


    ....9850 for 2 BHK , 10050 for 3Bhk , and for cluster D separate rates
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  • does this rate includes parking...
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  • 2 bhk - 9850/-
    3 bhk - 10050/-
    4 bhk - 10400/-
    as per ireo office
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  • Payment plan also looks generous as the 3rd installment is at excavation and i think will take at least 8 to 10 months


    1 AT THE TIME OF BOOKING 10% BSP
    2 WITHIN 45 DAYS OF BOOKING 10% BSP
    3 COMMENCEMENT OF EXCAVATION 10 % BSP + 25% PLC + 50 % DC
    4 CASTING OF LOWER BASEMENT ROOF SLAB 10 % BSP + 25% PLC + 50 % DC
    5 CASTING OF 2ND FLOOR ROOF SLAB 10 % BSP + 25% PLC
    6 CASTING OF 5TH FLOOR ROOF SLAB 10 % BSP + 25% PLC
    7 CASTING OF 8TH FLOOR ROOF SLAB 10 % BSP + 50 % CLUB MEMBERSHIP
    8 CASTING OF 11TH FLOOR ROOF SLAB 10 % BSP
    9 CASTING OF TOP FLOOR ROOF SLAB 10 % BSP
    10 ON COMPLETION OF STONE/TILE FLOORING IN APARTMENT 5 % BSP + 50 % CLUB MEMBERSHIP
    11 *ON OFFER OF POSSESSION 5 % BSP + 100% IBRF + 100% IFMS
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  • Originally Posted by Ankit13
    Payment plan also looks generous as the 3rd installment is at excavation and i think will take at least 8 to 10 months


    1 AT THE TIME OF BOOKING 10% BSP
    2 WITHIN 45 DAYS OF BOOKING 10% BSP
    3 COMMENCEMENT OF EXCAVATION 10 % BSP + 25% PLC + 50 % DC
    4 CASTING OF LOWER BASEMENT ROOF SLAB 10 % BSP + 25% PLC + 50 % DC
    5 CASTING OF 2ND FLOOR ROOF SLAB 10 % BSP + 25% PLC
    6 CASTING OF 5TH FLOOR ROOF SLAB 10 % BSP + 25% PLC
    7 CASTING OF 8TH FLOOR ROOF SLAB 10 % BSP + 50 % CLUB MEMBERSHIP
    8 CASTING OF 11TH FLOOR ROOF SLAB 10 % BSP
    9 CASTING OF TOP FLOOR ROOF SLAB 10 % BSP
    10 ON COMPLETION OF STONE/TILE FLOORING IN APARTMENT 5 % BSP + 50 % CLUB MEMBERSHIP
    11 *ON OFFER OF POSSESSION 5 % BSP + 100% IBRF + 100% IFMS


    Nope it is not generous, it says commencement not completion of excavation. That is their prerogative entirely .

    Others are as bad as his earlier plans, 90% by just raising the structure.
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  • Originally Posted by kams..
    2 bhk - 9850/-
    3 bhk - 10050/-
    4 bhk - 10400/-
    as per ireo office


    Is this include Car parking? Or it is separate
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