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The Corridors by IREO Developers in Sector 67A, Gurgaon

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The Corridors by IREO Developers in Sector 67A, Gurgaon

Last updated: January 12 2021
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  • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

    Originally posted by misrnis View Post
    Hey People - I am a newbie. Just dropped in to say that I visited IREO people yesterday and yes launch date for corridors would be Jan 2014.
    I wanted to book a unit but rate quoted was 9400 psf. Is there a way or do we have any reliable broker to get the unit atlower price?

    Thanks
    i am sure u'll get a unit in resale for as low as 50 or 100 rps premium on 8750

    Also yesterday i was in ireo for booking a commercial shop in grand arch and they informed that from 28th this month ireo is introducing height PLC in this project on the concept of Victory valley.I was worried and asked the RM regarding the booking made at 8750 and he confirmed that the PLC will be applicable for new booking at a revised rate only.

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    • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

      Relived !! I seriously don't mind waiting for a Jan 2014 launch ( hopefully elections would be done by them and money will be back in the market ) , as per calculations a Jan 2014 launch would assure 3rd instalment in July of next year by then two or three projects would be giving delivery on GRX and this place would had become more developed than today .
      ..altho I do wish they gives me interest on my money ...
      Do builder give interest on payment in such cases ? ..anyone any idea plz .

      Comment


      • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

        Originally posted by ANKITSANDHU View Post
        i am sure u'll get a unit in resale for as low as 50 or 100 rps premium on 8750

        Also yesterday i was in ireo for booking a commercial shop in grand arch and they informed that from 28th this month ireo is introducing height PLC in this project on the concept of Victory valley.I was worried and asked the RM regarding the booking made at 8750 and he confirmed that the PLC will be applicable for new booking at a revised rate only.
        Height PLC effective from today 175 4th floor on and 350 eighth floor on.
        I sell my Talent to your Reason...

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        • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

          Thanks Ankit and Lazybell.
          Unfortunately it seems all the bookings are done am not able to fetch any unit with premium less than Rs 200...moreover it seems transfer is also not possible at this stage.
          Also I was looking at few other projects by other builders and most of these offer at max approx. 400/600 flats.
          Corridors is coming up with 2000 flats...isnt that huge supply ?? Can demand ever match up ?

          Cheers
          Last edited July 8 2013, 07:34 PM.

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          • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

            Originally posted by misrnis View Post
            Thanks Ankit and Lazybell.
            Unfortunately it seems all the bookings are done am not able to fetch any unit with premium less than Rs 200...moreover it seems transfer is also not possible at this stage.
            Also I was looking at few other projects by other builders and most of these offer at max approx. 400/600 flats.
            Corridors is coming up with 2000 flats...isnt that huge supply ?? Can demand ever match up ?

            Cheers
            as I see it, once one decided to live in a GH, bigger projects will score better in terms of quality of life. More common space means more facilties like, longer walking tracks, bigger lawns, more kids to be friends with yours. like this project has huge 50000 sq ft club, a GH with 400/600 units just can't have that.

            400/600 actually offers nothing; neither companionship/facilities nor exclusivity. I would any day prefer being part of a huge gated community than a small one. the reason remains the same as in choosing bigger cities over smaller.

            when you see the size of the market, 2000 is just no inventory. Yes. in the short term it may have an impact and punters may not make much, but the investors certainly will.
            I sell my Talent to your Reason...

            Comment


            • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

              good point my friend.
              However I agree with you partially because these points will make this property "sellable" to end users who are planning to live there.
              But the premium these points can earn for you in as Investor , are they sufficient enough so as to cover the the already increased base rates currently being charged by IREO guys above market rates ?
              AFAIK, Emaar and M3M around are currently at rates ~7.5 k to 8k and they too ( though not confirmed) can deliver such exceptional quality apartments as IREO could.
              Most of these communities are coming with their parks/clubs etc. So basically not much to compromise if you go for these projects although not as popular/gated as IREO.

              Comment


              • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

                Originally posted by misrnis View Post
                good point my friend.
                However I agree with you partially because these points will make this property "sellable" to end users who are planning to live there.
                But the premium these points can earn for you in as Investor , are they sufficient enough so as to cover the the already increased base rates currently being charged by IREO guys above market rates ?
                AFAIK, Emaar and M3M around are currently at rates ~7.5 k to 8k and they too ( though not confirmed) can deliver such exceptional quality apartments as IREO could.
                Most of these communities are coming with their parks/clubs etc. So basically not much to compromise if you go for these projects although not as popular/gated as IREO.
                Promoter to end user, this is a project; rest are just intermediaries to make the two meet, and they get paid for intermediation. Point remains: you get paid for intermediation as much and only as much as your intermediation is worth; worth is decided by the rightness or wrongness of your decision as to whether the twain shall respect or bitch...

                It is the forecast of the pleasure and satisfaction of the end user that feeds or starves the chain, well fed when right and rightfully starved when wrong.

                The end user matters 100%, anyone who thinks it is 99% is a punter only; punters win some, lose more than some... :p
                I sell my Talent to your Reason...

                Comment


                • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

                  Sir how about scripting another Fountainhead and this time RE players as protagonist...

                  RE discussions off late have become too boring... I can see you have a flair to do something in this regard...
                  You definitely are a inspired member of Ayan Rand's fan club...


                  Originally posted by Lazybell View Post
                  Promoter to end user, this is a project; rest are just intermediaries to make the two meet, and they get paid for intermediation. Point remains: you get paid for intermediation as much and only as much as your intermediation is worth; worth is decided by the rightness or wrongness of your decision as to whether the twain shall respect or bitch...

                  It is the forecast of the pleasure and satisfaction of the end user that feeds or starves the chain, well fed when right and rightfully starved when wrong.

                  The end user matters 100%, anyone who thinks it is 99% is a punter only; punters win some, lose more than some... :p

                  Comment


                  • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

                    Haha..we were enjoying it. Anyways LazyBell your points were good. I liked them.
                    Thanks for warning us Rushil that we were going off topic..

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                    • Re : The Corridors by IREO Developers in Sector 67A, Gurgaon

                      Have a different point of view wrt to more the merrier ...

                      What difference would additional 1400 inhabitants would make over an average 600-700 that we see in GH today. In todays maddening work life balance, there is hardly anytime for oneself. In most of the metros, its difficult to have more than 3-4 families as friends and acquaintances.
                      To me even 600 is a huge number. Today everyone lives in a self created island with only immediate neighbors as your friends/acquaintances.
                      In a township where there are 5-8 towers, people generally interact mostly within same towers or max one or two families in other towers (that too due to kids extended friends that they play with in evening).

                      So 2000 people would only bring more stress on jogging tracks (howsoever long they may be), swimming pool (even if its olympic size) or the club (even if it beats the dining hall of Fantasea Land in Phuket)...

                      Today most exclusive thing that one can desire is "Privacy" . Thats the reason projects on Gwal Pahari are so expensive . They have the least density in their project and the biggest USP being less apartment per floor etc etc...

                      With 1.2 billion and growing population of India even rich are becoming a big population in themselves (see the growth of HNI's being the highest in India).

                      Today Brand Like Zara is counted as Affordable premium and see the rush any day there. So to Airport, Hotels,Restaurants (Premium and high end), everywhere there is enough crowd to keep you in que...

                      And its only going to get bigger... The Que.

                      Hence, I feel, the golden adage going forward in India is going to be "Lesser the Merrier".

                      As the definition of less and more in India is going to get redefined (or it has already got).

                      PS:- Just read a small clip on the left hand corner of a page no 10 of a news daily - " 35 died as a buss falls off a road in Himachal"... This news didn't even qualify for front page news. Why? Because just 35 people died. In Europe, National mourning for a day would have got declared".


                      RA.

                      Originally posted by Lazybell View Post
                      as I see it, once one decided to live in a GH, bigger projects will score better in terms of quality of life. More common space means more facilties like, longer walking tracks, bigger lawns, more kids to be friends with yours. like this project has huge 50000 sq ft club, a GH with 400/600 units just can't have that.

                      400/600 actually offers nothing; neither companionship/facilities nor exclusivity. I would any day prefer being part of a huge gated community than a small one. the reason remains the same as in choosing bigger cities over smaller.

                      when you see the size of the market, 2000 is just no inventory. Yes. in the short term it may have an impact and punters may not make much, but the investors certainly will.
                      Last edited July 10 2013, 11:14 AM.

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