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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

    thank u rushil ji.. for some great insight into this new project..

    im also of the same opinion that too much hype is being created.. 8k at that location and without the specs and models being shown is a big risk..

    however i believe there wont be 3-4 times the cheques to the number of flats, even if there is.. this rotation and leveraging is going to get very tough in the next few years..

    my advice is be careful on taking up loans or have the capacity to hold on for 3-5 yrs
    Last edited December 31 2015, 11:29 AM. Reason: Text formatting.

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

      Originally posted by rushilarora View Post
      I would like to share few facts that I know as of today . 67a hype is now getting into second gear and in next 15 days every broker in town who is enrolled with IREO will go all out to get cheques from you.

      Its is going to be another classic case of Rumour+Hype+Misguided Investors/Endusers desperation,that will eventually make it go much beyon the reach of Many.

      So for the benefit of every one please read these details carefully and take a informed decision.

      1. Its not a small project 40 acres in size and its not coming cheap. Minimum 8k for the appart.

      2.IREO hasnt started collecting cheques and they wont event take the cheques before the launch. Hence the cheques wont be banked before first ot second week of March.

      3. There is nothing like priority allotment. Ireo is going to allocate units based on the past performance of the brokers so its very important to select your broker very wisely.

      4. My guesstimate is that not more than 500 units will be allocated at first price. I am sure number of cheques for these 500 units will be 3-4 times.

      5. Even though the price is high,yet due to small sizes of 1200 and 1500 sqft, cost of ownership of IREO would still be managable hence huge demand for the same.

      6. For those who are more worried about getting the brokerage pass back, please be cautious of the fact many brokers will commit 2% passback but on the day of allotment they wont give your cheques. Only those who want confirm unit would see their cheque moving.

      7.Its advisable that anyone who is seriously considering investing in thir project and wants allotment at first price, must visit IREO sales gallery in advance and talk out to the Sales team there. Booking directly through them might get you allotment.

      8. Investment in this project should not be for a short term gain. Past performance of IREO projects does not guarantee future returns. So atleast have a two years outlook for the project to make any meaningfull gains. This project is not for short term or 200-300 Rs gain.

      9. A visit to the location is also important before making a decision.

      10. Last not the least, do not fall pray to unnecessary hype that is getting created..Best way to kill the hype is to adhere to point no 7 and 8. Unfortunately most of us have got used to believing too much on whats written on net and have stopped doing our own home work. This is only added to the strength of the brokers who can manipulate us easily.

      For NRI's my advise is to send some one from the family to the sales office and simultaneously speak to NRI customer care offices in the respective countries.

      Lets try and share only relevant infor on IREF so that this thread also dosent fally pray to rumour mongers.

      All the best

      RA
      I agree with Rushil, it is better to check with Ireo sales team,

      As per information received , Ireo is not going to allocate more than 5 units to each channel partner and many of them have collected 100 or more checks, so brokers will sell the unit to key clients and the ones who are ready to forego the 2-3% commission..

      quite a hype already for this project..

      Comment


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

        So if one don't get a unit in Pre-launch then he will have to wait for the official launch of the project. My point is at what premium over pre-launch price will IREO launch.

        Comment


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

          i think the previous point raised to go together and bargain is still unanswered.. if anyone interested then we fix up a time and can go together to the IREO sales office and check with the sales team.

          Comment


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

            Gap will certainly be more than the broker commission...

            Originally posted by Varun_2011 View Post
            So if one don't get a unit in Pre-launch then he will have to wait for the official launch of the project. My point is at what premium over pre-launch price will IREO launch.
            I sell my Talent to your Reason...

            Comment


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

              Originally posted by meebojain View Post
              i think the previous point raised to go together and bargain is still unanswered.. if anyone interested then we fix up a time and can go together to the IREO sales office and check with the sales team.
              lets go together on saturday

              Comment


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

                RA, agree with all your points except one.

                Looking at the previous history of 3 years of Gurgaon RE, brokers have been doing a very good job and giving real good returns to investors. Although, no one can guarantee a good return, but as per history any good project launched at a good location has always given real good returns and in the back of my mind, I feel that this will also give pretty good returns even in short term.

                The main factor would be the development of public infrastructure in this area which has been missing from SPR and sector 71 and sector 72.

                Moreover, the possession is highly expected to start in Esencia in Q1, 2013 and Palm Drive, Park view spa next, BPTP Park Prime in Q2, 2013 and finally IREO Uptown Q3, 2013.

                I feel even a 1 year horizon will give pretty good returns looking at this area.

                Originally posted by rushilarora View Post
                8. Investment in this project should not be for a short term gain. Past performance of IREO projects does not guarantee future returns. So atleast have a two years outlook for the project to make any meaningfull gains. This project is not for short term or 200-300 Rs gain.

                Comment


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

                  Recd the following mail today:

                  Dear Sir/Madam,
                  It was really pleasant talking with you onphone.Please find below the details of Upcoming project of Ireo in Sector 67A, Gurgaon.
                  About Company:-
                  Ireo is the first and the largest Private Equity Fund dedicated to the Indian real estate sector with a fund size of US $2 billion and the backing of global blue chip investors and financial institutions. It is no surprise then, that we have emerged as a major pan-India developer equipped with financial strength to fully leverage available opportunities in this sector.

                  Since establishing our presence in 2004, we have evolved into a fully integrated real estate organization that is both the financer and developer of its projects. The company has a pan-India footprint of projects in prime locations across NCR (including Gurgaon), Haryana, Punjab, Tamil Nadu and Maharashtra under various stages of development and implementation.

                  Combining the best of Indian and International resources, our team consists of accomplished Indian and expatriate professionals from diverse backgrounds to lead initiatives and to deliver best in class products and services to our customers.
                  Please Visit Ireo: The Big Multiplier | Builders Gurgaon Builders Real Estate Developer in Gurgaon NCR Haryana Punjab Tamil Nadu Maharashtra India for more details
                  About Project:
                  The 40 acres upcoming group housing is located in Sector 67A, Gurgaonon Golf Course Extension Road which is everybody’s dream who wish to own a house in Gurgaon. The project offers a charming blend of Contemporary Indian living and ultra modern amenities to ensure warm and Open living. They have ultraluxurious apartments ranging from 2, 3,4 BHK & Penthouses which come loaded with ultra modern amenities. The amenities include Swimming Pool,Power Back Up,Club Houses, Gym, Play area, Health Club, Sauna, Jacuzzi, Manicured & paved walkways, Kid’s Play Area, Skating Rink, Lawn tennis court, Badminton court, Pool Tables, & Creche Adequate community spaces and obviously all condominiums will be Vaastu Compliant.
                  The project has excellent connectivity and is easily approachablefrom Golf Course Extension Road, NH-8 and Sohna Road. The project has 2, 3 & 4 bedroom sizes startingfrom 1400 to 2500 sq ft.
                  Highlights
                  * One of the finest locations on Golf Course Extension Road
                  * Proximity to IREO City of 750 Acres
                  * Just 2 km from Upcoming Golf Course in Ireo City
                  * Ultra - Luxurious Specifications with Split Air conditioners, Italian marble, Wooden Flooring in bedrooms, Modular Wardrobes tentatively
                  * Soft Launch Offer – 7950 Tentatively
                  Launch 9000 Tentatively
                  * Payment plan – 10 Lacs Booking Amount and within 45 days 20%. Rest Construction Linked
                  * Cheque in Favor of “IREO _________”
                  * Allotment on realization of cheque
                  * Developer has received all the licensing & clearances. Floor plans & master plan of project is also there
                  * Construction Contractor would be tentatively L&T, Shapoorji Paloonji, Pratibha. This would be finalized after launch
                  * Approximately only1700 apartments in 40 acres plot
                  Type
                  Tentative Sizes
                  (in sq ft)
                  Basic Sales Price
                  Booking Amount

                  2 BHK+U
                  1400 sq ft
                  7950
                  10 Lac
                  3 BHK
                  1700 sq ft
                  7950
                  10 Lac
                  3BHK+ Serv
                  2003 sq ft
                  7950
                  10 Lac

                  4 BHK+S
                  2500 sq ft
                  7950
                  10 Lac
                  Amenities:
                  • Tennis courts
                  • Community centre
                  • Landscaped greens
                  • Convenience shopping
                  • Ample parking
                  • Gated community
                  • Multi-tier security
                  • Kid's Play areas
                  • Access from 60 mfr. & 24 mfc wide roads
                  • Basketball court
                  • Badminton Court
                  • Nursery School
                  • 2 Club Houses
                    • Lap pool, Kids Pool with Shower & Changing room
                    • Multipurpose Hall
                    • Gym
                    • Indoor Games
                    • Cafeteria
                    • Lounge
                    • Crèche
                  Only 300 Units up for Grabsat the first rate!! RUSH!! Get your cheque logged in at initial rate
                  For any other clarifications that you may have, please feel free to contact. We will be more than pleased to provide you the details of your queries.

                  Assuring you of our best services at all times and looking forward to a long term mutually beneficial relationship with you.

                  Warm Regards,

                  Looks interesting??

                  Comment


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

                    Originally posted by arjun1 View Post
                    Recd the following mail today:

                    Dear Sir/Madam,
                    It was really pleasant talking with you onphone.Please find below the details of Upcoming project of Ireo in Sector 67A, Gurgaon.
                    About Company:-
                    Ireo is the first and the largest Private Equity Fund dedicated to the Indian real estate sector with a fund size of US $2 billion and the backing of global blue chip investors and financial institutions. It is no surprise then, that we have emerged as a major pan-India developer equipped with financial strength to fully leverage available opportunities in this sector.

                    Since establishing our presence in 2004, we have evolved into a fully integrated real estate organization that is both the financer and developer of its projects. The company has a pan-India footprint of projects in prime locations across NCR (including Gurgaon), Haryana, Punjab, Tamil Nadu and Maharashtra under various stages of development and implementation.

                    Combining the best of Indian and International resources, our team consists of accomplished Indian and expatriate professionals from diverse backgrounds to lead initiatives and to deliver best in class products and services to our customers.
                    Please Visit Ireo: The Big Multiplier | Builders Gurgaon Builders Real Estate Developer in Gurgaon NCR Haryana Punjab Tamil Nadu Maharashtra India for more details
                    About Project:
                    The 40 acres upcoming group housing is located in Sector 67A, Gurgaonon Golf Course Extension Road which is everybody’s dream who wish to own a house in Gurgaon. The project offers a charming blend of Contemporary Indian living and ultra modern amenities to ensure warm and Open living. They have ultraluxurious apartments ranging from 2, 3,4 BHK & Penthouses which come loaded with ultra modern amenities. The amenities include Swimming Pool,Power Back Up,Club Houses, Gym, Play area, Health Club, Sauna, Jacuzzi, Manicured & paved walkways, Kid’s Play Area, Skating Rink, Lawn tennis court, Badminton court, Pool Tables, & Creche Adequate community spaces and obviously all condominiums will be Vaastu Compliant.
                    The project has excellent connectivity and is easily approachablefrom Golf Course Extension Road, NH-8 and Sohna Road. The project has 2, 3 & 4 bedroom sizes startingfrom 1400 to 2500 sq ft.
                    Highlights
                    * One of the finest locations on Golf Course Extension Road
                    * Proximity to IREO City of 750 Acres
                    * Just 2 km from Upcoming Golf Course in Ireo City
                    * Ultra - Luxurious Specifications with Split Air conditioners, Italian marble, Wooden Flooring in bedrooms, Modular Wardrobes tentatively
                    * Soft Launch Offer – 7950 Tentatively
                    Launch 9000 Tentatively
                    * Payment plan – 10 Lacs Booking Amount and within 45 days 20%. Rest Construction Linked
                    * Cheque in Favor of “IREO _________”
                    * Allotment on realization of cheque
                    * Developer has received all the licensing & clearances. Floor plans & master plan of project is also there
                    * Construction Contractor would be tentatively L&T, Shapoorji Paloonji, Pratibha. This would be finalized after launch
                    * Approximately only1700 apartments in 40 acres plot
                    Type
                    Tentative Sizes
                    (in sq ft)
                    Basic Sales Price
                    Booking Amount

                    2 BHK+U
                    1400 sq ft
                    7950
                    10 Lac
                    3 BHK
                    1700 sq ft
                    7950
                    10 Lac
                    3BHK+ Serv
                    2003 sq ft
                    7950
                    10 Lac

                    4 BHK+S
                    2500 sq ft
                    7950
                    10 Lac
                    Amenities:
                    • Tennis courts
                    • Community centre
                    • Landscaped greens
                    • Convenience shopping
                    • Ample parking
                    • Gated community
                    • Multi-tier security
                    • Kid's Play areas
                    • Access from 60 mfr. & 24 mfc wide roads
                    • Basketball court
                    • Badminton Court
                    • Nursery School
                    • 2 Club Houses
                      • Lap pool, Kids Pool with Shower & Changing room
                      • Multipurpose Hall
                      • Gym
                      • Indoor Games
                      • Cafeteria
                      • Lounge
                      • Crèche
                    Only 300 Units up for Grabsat the first rate!! RUSH!! Get your cheque logged in at initial rate
                    For any other clarifications that you may have, please feel free to contact. We will be more than pleased to provide you the details of your queries.

                    Assuring you of our best services at all times and looking forward to a long term mutually beneficial relationship with you.

                    Warm Regards,

                    Looks interesting??

                    u receive mail from broker or company ?

                    Comment


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

                      Originally posted by sunnyms View Post
                      u receive mail from broker or company ?
                      Broker

                      Comment

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