ATS or PURI or Mahindra or India Bulls..

If you want to make money the purchase price has to be realistic which are not as of now ppl who purchased Unitech grande in Noida 7500/- were never able t make money....

dwarka exp way situtation is worse than that..only the kids can see some gains at the prices which are being quoted here...

forget that you will see prices around 9000/- sq ft even after four five years..

Disclaimer: I am invested in ATS in Noida and Indirapuram projects...

Quoting future prices may be speculation, we may see 9000 in 5 years or we may not....if Dwarka Expressway Way was to come up in next 4 years, logic says that in next 5 years given the projects in 109 it may be a prime area and the ATS ptroject will service the Affordable Luxury Segment buyer thus given the 'Value Of Money' changes the prices may be well in range of 8000 per sq foot to 9,000 per sq foot in next 5 years (end of 2016).

The above is also based on a conservative estimate as many bloggers believe that proximity to Dwarka (5 to 10 minutes) and Dwarka prices already high will positively impact this area and this project as Dwarka does not have many good semi luxury projects coming up or in right now.

This POV is a mix of my POV and POV of other bloggers looking at the quality projects coming up or already announced in 109.

Anyways...time will tell.

From your below post can we take that according to you a price point below Rs.4000 per square foot DP in ATS 109 is the point of entry/investment?

I also agree that one needs to be very clear as to how much time would it take to achieve the targeted ROI.

Cheers,
Vb2309

dear vb.ji,

To forecast 8-9K on this stretch in 5 yr timespan is "conservative" thinking only. dway or no dway, its a fact prices are moving northwards since last 1.5 yrs with little progress...

Imagine what happens when litigations go-off.
In NE/NA cases also Allahabad high court dismissed litigations & approved higher compensation for farmers.
In YEA cases finally, highest authority of law "Supreme Court" by its verdict proved National Infra is of utmost priority.

why do you think -should we ignore above facts........and dont move at-all.

In any case there is Optimistic forecast in mid-term..... prices have to go up with new landbill & scarcity of land itself at stonethrow from IGIA/ DEL in future.

Thanks for adding the recognition and factual representation of the judgements of the honourable court with a view on National Infrastructure.

If DEW comes up in 4 years, all good projects would touch the above price point of 9000 given the factors listed:
1. Sector 109 turning out t be a prime location.
2. proximity to Delhi (Dwarka) and very good connectivity to IGI Airport
3. Habitation and occupancy of the apartment
4. Change in value of money (inflation) in next 5 years

I am glad that I entered this project at a low price point.

Regards,
Vb

Bhalla Sir,

Very useful information. However, I was just doing some math, ATS inventory has 2 towers with 4 apartments each on each floor and one tower with 2 apartment ment in each floor. Total of 10 apartments on each floor.

So, ATS inventory is ~230 apartments (G+22). Chintel will also have the same inventory of 230 apartments.

Also, ATS mentioned that they will not be selling upto 6th floor right now .. That takes away 70 apartments from their inventory. - Leaving 160 apartments for sale.

Do you know if they have started selling the lower floors ?
If they are keeping it for launch, do you know if they have sold the remaining 160 apartments.

Vb bhai and Nipsy Bhai....<<<<<<<
In fact DEW litigation has illegal settlers Vs Govt. Authorities..The issue is not reclaiming of land but more compensation..NE dispute was that the Govt. took the land on wrong pretext and later sold it to builders at higher price..even then High court took this decision..DEW case is much better in favour of the authorities...Bhalla sahib should put more light as he is of this area..:)

thanks buddy

ATS is likely to launch the Project on 25.11.10. Down payment price will be not less than Rs 4300/- per sqft.

Thanks for sharing, what is the source if this good information?

Wow!! A new figure now. And what is the news for CLP plan?
Why people should believe you, what is the source?

HDFC fund to invest 2 bln rupees in Delhi property project - sources

By Indulal PM

MUMBAI (Reuters) - A fund managed by Housing Development Finance Corp. will invest about 2 billion rupees ($41 million) in one of the projects of New Delhi-based real estate developer ATS Infrastructure Ltd, two sources with direct knowledge of the matter told Reuters.

The investments from HDFC would be for the developer's Gurgaon project near the national capital, said the sources, who declined to be named as the talks were private.

ATS did not return e-mail seeking comments, while HDFC did not comment.ATS is building two large residential projects in Gurgaon with an investment of over 5.4 billion rupees. The company plans to complete the projects in three years, said the sources.

HDFC group has significant exposure to India's real estate sector with a $800 million dedicated real estate fund. In addition, its portfolio management services and a fund managed by HDFC Bank invest in property projects.

Private equity investment in Indian property is down slightly during the first nine months this year, to about $784 million, from $817 million at the same time last year, data from VCCircle.com, an industry tracker, showed.

Domestic fund houses including Kotak Real Estate Fund, IndiaReit and ASK Investments are all in the process of raising funds totalling about $1 billion, fund officials have told Reuters.

(Reporting by Indulal PM; Editing by Subhadip Sircar)

good post, attaching links



Thanks Tinesha,
Good information, HDFC investment shows the high credibility of the builder and the projects sound financials.

HDFC fund to invest 2 bln rupees in Delhi property project - sources | Reuters

http://www.moneycontrol.com/news/wire-news/hdfc-fund-to-invest-2-bln-rupeesdelhi-property-project-sources_608853.html

HDFC fund to invest 2 bln rupees in Delhi property project - sources - Yahoo!

Dear Pals
I am one among you, interested in investing in ATS Cocoon (Sector 109 GGN).
The likely date of launch and DP pricing is quite reliable. Not in a position to reveal the source at this stage but the facts may be before you all shortly through the authorized channels of ATS.

Most people interested to invest at this point are waiting for CLP option. Do you have any confirmed or unconfirmed news about that?

Yes pal NK Singhla, I have just personally confirmed...your information is completely correct 100 per cent.

Regards,
vb2309