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

[kinjalchato]

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a mail from broker reproduced verbatim without any font change also . the saga continues , if you like it fine, if not ignore it.
-----------------------------------------------------
The Ireo Group is the well known real estate developer. The residential and commercial projects by Ireo are spread all over the India. The Ireo Group has achieved a new height of success with its excellence work, quality and commitment. Ireo Group worked on many residential and commercial projects in Delhi and NCR region.

As you know residential project of any city is answerable in changing the development and growth of that city. The residential properties include properties which are meant for residential project uses such as apartments, villas, independent floors and residential plots. These types of residential properties are being highly demanded in Gurgaon Real Estate. Ireo Developer has its important role towards building of residential properties in Gurgaon. A numbers of residential projects have been built up by Ireo Developer. These residential projects are prepared with a lot of facilities and have an ultra modern style of structural design. The villas, apartment and plots being built up by Ireo real estate developer are equipped with more and more facilities making it matchless from others residential project in Gurgaon.

Now again in Gurgaon, Ireo Builder Gurgaon launched its new residential project, Ireo Sector 67 – A is strategically located at Sector 67 A, Golf course extension road (southern peripheral road) Gurgaon. Nestled a midst lush landscapes Ireo Sector 67 A Residential Project have better location advantages like 20 minutes driving distance from Indira Gandhi International Airport and excellent connectivity to New Delhi through National Highway – 8. This integrated residential project is in the close proximity to the many companies, offices, malls, bank, schools and hospitals etc. which means your work, fun and entertainment will be within walking distance.

Really Ireo New Project Gurgaon comes as a new hope for customers who seek to separate from their limited way of life and help them enjoy a healthy and wealthy life. Spread across 40 acres of land, Ireo Sector 67 A Gurgaon is an essential part of a Sustainable Integrated Green Township that brings you a home with amenities you never expected. Ireo Apartments in Gurgaon offering luxurious residential 2/3/4 BHK apartments with lounge and servant room. All these living options have been designed by world class architects and designers to let you lead a wonderful kind of living at a price you never thought possible. In a location that's all set to be one of the most desirable addresses in the very near future.


Finally after all the speculation in the market I would hereby like to disclose the rate to all the Ireo Investors and End Users i.e Rs.8500/sqft.

[Varun_2011]

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Just thought of sharing the a mail i got from a broker for this project.

Sizes:-

1250sqft to 2200sqft Booking amt 10-15Lacs

VRV /VRF AC Units with Heating and Cooling
Modular Kitchen below the Counter with Chimney Hob
High Speed Elevators
100% Power Back-Up
Club: Multi-purpose / Party Room with Kitchen Facilities
Restaurant / Bar & Lounge / Gymnasium Badminton, Squash & Tennis Court
Kids Indoor and Outdoor
Community Space for Elderly Citizen’s
CCTV for Basements

He is mentioning the above specifications which includes VRV/VRF. I asked him particularly if he sure about VRV/VRF and he said that it is confirmed. He also informed that IREO will start accepting cheques in last week of Jan and launching price will be 9250 and pre-launch will be at 8750.

Thanks

[rs2507]

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Just thought of sharing the a mail i got from a broker for this project.

Sizes:-

1250sqft to 2200sqft Booking amt 10-15Lacs

VRV /VRF AC Units with Heating and Cooling
Modular Kitchen below the Counter with Chimney Hob
High Speed Elevators
100% Power Back-Up
Club: Multi-purpose / Party Room with Kitchen Facilities
Restaurant / Bar & Lounge / Gymnasium Badminton, Squash & Tennis Court
Kids Indoor and Outdoor
Community Space for Elderly Citizen’s
CCTV for Basements

He is mentioning the above specifications which includes VRV/VRF. I asked him particularly if he sure about VRV/VRF and he said that it is confirmed. He also informed that IREO will start accepting cheques in last week of Jan and launching price will be 9250 and pre-launch will be at 8750.

Thanks

This pre launch/ launch is most amazing...from talks of 6K year and half back to 9200...and still nothing is sure. This is appreciation for builder without doing anything.
Unbelievable...

[Varun_2011]

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[QUOTE=rs2507;701132]This pre launch/ launch is most amazing...from talks of 6K year and half back to 9200...and still nothing is sure. This is appreciation for builder without doing anything.
Unbelievable...[/QUOTE]"
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Actually this is crazy. I was very keen on investing in this project even when speculated rates were around 8000ish....but now it seems to crossing all imaginations.....planning to stay away from it...

This pre launch/ launch is most amazing...from talks of 6K year and half back to 9200...and still nothing is sure. This is appreciation for builder without doing anything.
Unbelievable...

[St_Anger]

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  string(637) "[QUOTE=rs2507;701132]This pre launch/ launch is most amazing...from talks of 6K year and half back to 9200...and still nothing is sure. This is appreciation for builder without doing anything.
Unbelievable...[/QUOTE]
 
 
sir it wasnt even 6k back then... i remember brokers quoting 5500 launch price with pre launch anywhere between 4700--5000....
 
This isnt just appreciation for the builder but an indicator of how overheated gurgaon RE market has become. Gurgaon market has starting competing with bombay and all the broker lobby can say is, "sir! le lejiye... next year tak double ho jaayega" .... ghanta! double ho jaayega!!! :D :D"
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This pre launch/ launch is most amazing...from talks of 6K year and half back to 9200...and still nothing is sure. This is appreciation for builder without doing anything.
Unbelievable...

sir it wasnt even 6k back then... i remember brokers quoting 5500 launch price with pre launch anywhere between 4700--5000....

This isnt just appreciation for the builder but an indicator of how overheated gurgaon RE market has become. Gurgaon market has starting competing with bombay and all the broker lobby can say is, "sir! le lejiye... next year tak double ho jaayega" .... ghanta! double ho jaayega!!!

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This isnt just appreciation for the builder but an indicator of how overheated gurgaon RE market has become. Gurgaon market has starting competing with bombay and all the broker lobby can say is, "sir! le lejiye... next year tak double ho jaayega" .... ghanta! double ho jaayega!!! :D :D[/QUOTE]
Perhaps you are right. Such a scenario makes RE highly speculative and a game of punters. I am searching to invest in a new launch, and you will not believe that I could not muster guts to even identify a decent one...forget investing.
So the best case scenario is bargain hunt in resale. It is getting scary day by day..."
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sir it wasnt even 6k back then... i remember brokers quoting 5500 launch price with pre launch anywhere between 4700--5000....

This isnt just appreciation for the builder but an indicator of how overheated gurgaon RE market has become. Gurgaon market has starting competing with bombay and all the broker lobby can say is, "sir! le lejiye... next year tak double ho jaayega" .... ghanta! double ho jaayega!!!

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So the best case scenario is bargain hunt in resale. It is getting scary day by day...

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So the best case scenario is bargain hunt in resale. It is getting scary day by day...[/QUOTE]
 
you are correct sir.. this market used to be one where almost any deal was a value deal. Now there're hardly any and those who shall blindly look at the past and assume that anything they touch will turn gold, will be in for a surprise.
Sh!t*y projects with four side village facing PLC are asking 6k psft..Those in areas which resemble amazonian rainforests today ask for 5k and this project which is in an, as yet improperly demarcated sector, kms away from GCx asking 9k... The pricing is just obnoxious...!!!! but then we cant blame the builders alone... we (investors) are the biggest reason for this unreasonable scenario!!"
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Perhaps you are right. Such a scenario makes RE highly speculative and a game of punters. I am searching to invest in a new launch, and you will not believe that I could not muster guts to even identify a decent one...forget investing.
So the best case scenario is bargain hunt in resale. It is getting scary day by day...

you are correct sir.. this market used to be one where almost any deal was a value deal. Now there're hardly any and those who shall blindly look at the past and assume that anything they touch will turn gold, will be in for a surprise.
Sh!t*y projects with four side village facing PLC are asking 6k psft..Those in areas which resemble amazonian rainforests today ask for 5k and this project which is in an, as yet improperly demarcated sector, kms away from GCx asking 9k... The pricing is just obnoxious...!!!! but then we cant blame the builders alone... we (investors) are the biggest reason for this unreasonable scenario!!

[rs2507]

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  string(1135) "[QUOTE=St_Anger;701228]you are correct sir.. this market used to be one where almost any deal was a value deal. Now there're hardly any and those who shall blindly look at the past and assume that anything they touch will turn gold, will be in for a surprise.
Sh!t*y projects with four side village facing PLC are asking 6k psft..Those in areas which resemble amazonian rainforests today ask for 5k and this project which is in an, as yet improperly demarcated sector, kms away from GCx asking 9k... The pricing is just obnoxious...!!!! but then we cant blame the builders alone... we (investors) are the biggest reason for this unreasonable scenario!![/QUOTE]
This is greed of the highest order. Earlier it used to be a builder,broker and investor nexus and everyone used to make money.
Now, if we take this as a classic case...what a smart move from the builder. Nothing is launched, no pressure from investors, he is sitting tight and his fortune has moved Lock, stock, and barrel...It will be a highly interesting case study (what else can we do, when no solution in sight....make it into a case study) as how investors behave :-)"
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you are correct sir.. this market used to be one where almost any deal was a value deal. Now there're hardly any and those who shall blindly look at the past and assume that anything they touch will turn gold, will be in for a surprise.
Sh!t*y projects with four side village facing PLC are asking 6k psft..Those in areas which resemble amazonian rainforests today ask for 5k and this project which is in an, as yet improperly demarcated sector, kms away from GCx asking 9k... The pricing is just obnoxious...!!!! but then we cant blame the builders alone... we (investors) are the biggest reason for this unreasonable scenario!!

This is greed of the highest order. Earlier it used to be a builder,broker and investor nexus and everyone used to make money.
Now, if we take this as a classic case...what a smart move from the builder. Nothing is launched, no pressure from investors, he is sitting tight and his fortune has moved Lock, stock, and barrel...It will be a highly interesting case study (what else can we do, when no solution in sight....make it into a case study) as how investors behave :-)

[kinjalchato]

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  string(887) "i agree with the sentiments expressed in this thread intotality. Builders everywhere are not leaving anything on table for anyone , and it is a recipe for disaster.
 
Marketforces will take care that this does not persist. 
 
as i had mentioned 10k club in RE appears to be the new  100 crore club of bollywood, NPR / SPR/ GCx / NH8 prelaunches touching 10k are absolutely obnoxius and the worst example is this project of ireo , especially the way they have handeled, constnatly teasing and fooling its customers ( investors ). 
 
I personally know of many who have junked this project for exact same reason after waiting, waiting and waiting.
 
I really hope that all these prelaunches across GCx/ npr/spr/ NH8 asking for 10k without even an iota of fundamentals flop misreably and some sanity prevails in this market based on some fundamentals.
 
stick to investing in bargain resale."
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i agree with the sentiments expressed in this thread intotality. Builders everywhere are not leaving anything on table for anyone , and it is a recipe for disaster.

Marketforces will take care that this does not persist.

as i had mentioned 10k club in RE appears to be the new 100 crore club of bollywood, NPR / SPR/ GCx / NH8 prelaunches touching 10k are absolutely obnoxius and the worst example is this project of ireo , especially the way they have handeled, constnatly teasing and fooling its customers ( investors ).

I personally know of many who have junked this project for exact same reason after waiting, waiting and waiting.

I really hope that all these prelaunches across GCx/ npr/spr/ NH8 asking for 10k without even an iota of fundamentals flop misreably and some sanity prevails in this market based on some fundamentals.

stick to investing in bargain resale.

[rs2507]

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To put things in perspective, can we all list the best bargain resale options and the reasons. Let us try and create a pool of ideas and info and see if we can invest and still avoid mad mad world of fresh launches.

If you all are game, we can start a new thread."
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Dear Friends,

To put things in perspective, can we all list the best bargain resale options and the reasons. Let us try and create a pool of ideas and info and see if we can invest and still avoid mad mad world of fresh launches.

If you all are game, we can start a new thread.