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Merlin by M3M Group in Sector 67, Gurgaon

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Merlin by M3M Group in Sector 67, Gurgaon

Last updated: January 28 2021
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  • Re : Merlin by M3M Group in Sector 67, Gurgaon

    They have told end 2015 actually. Is it ok to take 6 months delay, as buying at such higher rate probably be useless?
    DO the builder get the OC before the project is actually ready for handover?

    Regards

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    • Re : Merlin by M3M Group in Sector 67, Gurgaon

      What is the resale rate going and how much payment has been gone?

      Comment


      • Re : Merlin by M3M Group in Sector 67, Gurgaon

        90% will be gone in couple of months
        resale rate is 7000

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        • Re : Merlin by M3M Group in Sector 67, Gurgaon

          Originally posted by gmaheshwari View Post
          which unit will be better? 2047 sqft (3BHK) or 2338 sqft (3bhk+s) in terms of long term investment?

          Is 11.5' x 11' a small size room? or people want better room size in resale?

          please advise
          Any size will do it....the room sizes are approximately same....

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          • Re : Merlin by M3M Group in Sector 67, Gurgaon

            Whats up with this project ?
            Any news ?
            What about appreciation?

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            • Re : Merlin by M3M Group in Sector 67, Gurgaon

              Isn't this 'Basic' rate, in fresh or in resale, a misnomer as I am told there is no 'non-PLC' unit in this project ! There is a compulsory minimum PLC of rs475/- applicable to every single unit. Why not then add this amount to the basic ! In that case even the resale unit ( so called Rs6700/- basic) comes at approx Rs1.6- Rs1.7cr AI !

              Is my understanding correct ?

              Thanks

              Comment


              • Re : Merlin by M3M Group in Sector 67, Gurgaon

                Yes, thats the way it is in Gurgaon. Add atleast 15% to the basic rate to get the AI cost.

                Why they dont add PLC in basic is because i) Obviously builders want to advertise a low sounding BSP ii) Service Tax is higher on PLC so its better for buyers to not add it in Basic rate. iii) I think registration also happens on Basic rate (actually the higher out of Basic rate and Circle rate) so it helps save atleast a bit of the stamp duty to not add PLC to basic rate.

                Originally posted by AmitLamba View Post
                Isn't this 'Basic' rate, in fresh or in resale, a misnomer as I am told there is no 'non-PLC' unit in this project ! There is a compulsory minimum PLC of rs475/- applicable to every single unit. Why not then add this amount to the basic ! In that case even the resale unit ( so called Rs6700/- basic) comes at approx Rs1.6- Rs1.7cr AI !

                Is my understanding correct ?

                Thanks
                Last edited April 23 2014, 01:42 PM.

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                • Re : Merlin by M3M Group in Sector 67, Gurgaon

                  Thanks @sh-saxena....One SOS question. What do you think would be the approximate date of possession and expected price at that time. I am contemplating getting into their 25/75 offer provided (a) I have clarity on the above 2 questions and (b) rate offered by the builder makes sense.

                  Rushilji/KC ji....would love to hear your views as well . Please share.

                  Regards,

                  Comment


                  • Re : Merlin by M3M Group in Sector 67, Gurgaon

                    @rushiarora....need your expert advise sir ( this is what I have learnt from others in the forum and after personally going through your bullish mails on GCX!) What would you recommend ? Does it make sense to invest in this project in 25/75 scheme ? What do you think is the reasonable delivery timeline and what do you reckon should be the price at the time of possession ?

                    I know a lot of folks are watching this space ( seems more like a turnaround story of the company and hence one's willingness to take the punt on it's future prospects) very keenly and therefore I am requesting seniors/experts to voice their opinion. I request @Manojaa, @BlessU, @Abhay and others to please respond.

                    Thanks

                    P.S : I am a fence sitter but itching to jump in provided the terms of the deal are compelling.

                    Comment


                    • Re : Merlin by M3M Group in Sector 67, Gurgaon

                      @rushilarora....need your expert advise sir ( this is what I have learnt from others in the forum and after personally going through your bullish mails on GCX!) What would you recommend ? Does it make sense to invest in this project in 25/75 scheme ? What do you think is the reasonable delivery timeline and what do you reckon should be the price at the time of possession ?

                      I know a lot of folks are watching this space ( seems more like a turnaround story of the company and hence one's willingness to take the punt on it's future prospects) very keenly and therefore I am requesting seniors/experts to voice their opinion. I request @Manojaa, @BlessU, @Abhay and others to please respond.

                      Thanks

                      P.S : I am a fence sitter but itching to jump in provided the terms of the deal are compelling.

                      Comment

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