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string(1175) "[QUOTE=Genreal;206208]The most competitive price available for Merlin is INR 5,850/sft. Without saying much, it would be pertinent to highlights that at M3M's flagship project - Golf Estate, the company quoted BSP is 10,100 INR/sft but resales are languishing at sub-8,000 INR/sft with hardly any takers.
The luxury market is anyway heading for a correction...[/QUOTE]
The phase of the golf estate that company is selling at 10,100 is a completely different phase than the ones avlble at 8k range . They started booking the phase m3m is selling started at 9100 only .
And the ones avlble at around 8k is the phase whose booking was started at 5100(only 10 odd units at that price) and max was sold at 5600 , then the phase was sold till 8100 per sq ft . so you can calculate the gains .
And what are you talking about that luxury segment is headed for correction , in the last two-three months only PV spa in sec 47 has increase 300-400 , Park place,belaire have rose 500-600 per sq ft , palm springs has increase 800-1000 bucks , MGF vilas 300-400 and so on , so i dont see any signs of correction in the luxury segment which you pointed out in particular !!"
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Originally posted by Genreal
View Post
The most competitive price available for Merlin is INR 5,850/sft. Without saying much, it would be pertinent to highlights that at M3M's flagship project - Golf Estate, the company quoted BSP is 10,100 INR/sft but resales are languishing at sub-8,000 INR/sft with hardly any takers.
The luxury market is anyway heading for a correction...
The luxury market is anyway heading for a correction...
The phase of the golf estate that company is selling at 10,100 is a completely different phase than the ones avlble at 8k range . They started booking the phase m3m is selling started at 9100 only .
And the ones avlble at around 8k is the phase whose booking was started at 5100(only 10 odd units at that price) and max was sold at 5600 , then the phase was sold till 8100 per sq ft . so you can calculate the gains .
And what are you talking about that luxury segment is headed for correction , in the last two-three months only PV spa in sec 47 has increase 300-400 , Park place,belaire have rose 500-600 per sq ft , palm springs has increase 800-1000 bucks , MGF vilas 300-400 and so on , so i dont see any signs of correction in the luxury segment which you pointed out in particular !!
is after 15% payment.Net rate after all discounts comes to around 5650/sq ft and not 5850/sq ft.
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