means the Ireo new project is coming in 67 a will be around 15000 ?? not 8000 ??

67A is not in Ireo city, I am talking about the new projects which will come in Ireo city

I may be wrong here, but could anyone confirm if 3bhk units of D2, 23 and 26 are non-green facing?

I couldn't locate floor plans for towers D1, 6, 7 and 27 on the website, any clue?

Bang on Kinjal / Rushil...

Of the 3 projects, IVV would be the first choice for most end users

IVV vs. Skyon is a trade off between size and location.

Ask any end user whether he would prefer a 2400 sq ft apt in sec 67(IVV) or a 2000 sq ft apt in Ireo City(Skyon) for almost the same value(I haven't done the exact calculations but looking at the price difference between the two projects, I am assuming that there won't be a major difference in the value of a 2400 sq ft apt in IVV and a 2000 sq ft apt in Skyon).

Its a tough choice but I am guessing most end users would go for size over location.

As an invester, 67A project would be my preferred choice only if I have limited resources(capable of paying 3-4 installments only) or plan to exit rather early.

As an end user I would give 67A a complete miss right now. There is nothing special in the project either in terms of concept or location. I would be paying the premium only for the 'Brand'.

Just ask yourself a couple of questions:

- 'Whether you would invest in this project if the 'IREO' tag is removed from it?!'
- 'Whether you would have invested in this project a couple of years ago when IREO wasn't as big as it is right now'

If you are still confused, check out the first few posts of this thread. Maybe that will help.

The point I am trying to make is that the actual product should have the maximum weightage in a purchase decision. In the case of 67A, sadly brand has overtaken product.

Having said all this, I might be forced to swallow my words when GA is delivered!

P.S. - If I am looking at these 3 projects , I would also give Merlin a lot of thought as it is certainly one of the best VFM project and therefore sometime down the line, this project is capable of attracting a lot of end users....

7950 looks good

Is the court stay issue on the sector 67A sorted now?

amit ji can u tell me what court issue for sector 67 was going
i really don't know

As i have highlighted in my previous posts it is essential to get clarity on these issues :

1. Has the court direction of maintenance of status quo on the new sectors 63a , 67a as was first proposed in masterplan 2025 and was later had been stayed by the Punjab High court, has been vacated or not.

2. Has the Licence been issued to 67a project, there is no independently verifiable information.

Please keep in mind while doing the due diligence .

What price can we expect for short term ( 6 months) for Uptown & IVV from current price of 8200 & 8500 respectively.

I am owning a 1132 UT , will it be a good thought to switch over to 1435 IVV.

Pl suggest.

IVV is a top level project, if you look at some previous posts on IVV thread, it was mentioned in the 100 top architectural projects of the world in 2012.

If it is for investment purpose, then it makes sense to move to IVV. But if it is for occupying the flat, then it would be good if you shift in Uptown as IVV will take another 3-4 years to complete.

Thanks Jollyboy.

My purpose is purely investment for short term.

I have a time frame of 6 months. in coming 6 months i see UT at 9000 level ( maximum). and for switching over to IVV it will take approx 3 lakhs ( brokerage + transfer charges). considering all these, please advise weather it is right time to move from UT ( bought 6000/-)

I don't think it will be a good decision to shift for a short term scenario.

IVV is just started whereas possession is expected in Uptown in the next 7-8 months. I think if your horizon is 6 months only, then stick with Uptown which will give better returns compared to IVV.

The scenario is only valid if you are going to sell your unit and use the money for some other purpose like studies or marriage.

If you are going to re-invest then you better look at IREO city projects like Skyon which will have less investment intially and will def. give good returns.

Thanks for information.

Can u pl share outflow for 2 BHK Skyon project.

Theres not much point doing this switch if your view is only short term (6-9 months).
I see UT price going up to 9000 by 3rd qtr next year. IVV and Skyon, both will surely go up by 1000 Rs in next 3 qtrs too.
Do the math taking into note the brokerage/transfer charges and you may find that its not much use doing this for short term holding.
But yes, if you switch to IVV or Skyon and can hold it for 2+ years, then your capital appreciation would be much more than UT.

Hi,

Just a few clarifications , IVV will take max 2 years to complete, as per the contract it is to be delivered in next 11/2 year .

For a 6 months horizon, stick to Uptown , as with new floors being added at a higher rate , it can only pick up and it is not very neat to enter to back to back transactions like the one mentioned by you, resulting into brokerage expenses twice , capital gain tax issue if you do not do black , managing high cash components and the risks associated with it.

If horizon is more than 2 years makes sense to switch over to IVV , especially if end use is also an objective.