Let me explain.
For any price to hold its sanctity, strong buying has to be demonstrated at the current prices in the projects like Grand Arch, Raisina, Skyon, Presidia and Araya.... Secondly for any project in sectors 66,67 and 67a, to cross 10 k barrier, all the above mentioned projects should cross 13k barrier in resale. With a very high comp of cash required in resale and if still trading is happening at that level, then the price expected of of 67a would be justified.
So any body investing in 67a should look out for following triggers to plan his or her exit strategy. Also one needs to keep in mind inventory of 2k units in this project, so exiting in less then 18 months with decent profit will only remain a pipe dream.
For investors to get min 1k return in resale of 67a, following should happen before:-
1. GA resale at 13k plus
2. Raisina possession in of all the towers. And min 100 families will start living here.
3. IVV should cross 10k in resale
4.possession of uptown and resale at 9500 plus
5. New launches on SPR 8k plus to put pressure backwards.
6. Market should absorb the impact of 1.5 L new homes getting delivered this year in NCR.
Most of these triggers will define the premium and ease and timely exit from this project. So it's not an investment for less than 2 years.
Only advantage I see in this project is the small ticket size which will keep the pressure of high cash flow at such high prices in check.
No one project in this world ticks all the boxes for every one. So every one willl have their own logic to book it or let it go.
At the end what matters is everyone's wish should come true. So cheers to the spirit of.....
To each it's own....
RA
Originally posted by Cheeky AlAn
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