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ATS Kocoon, ATS, Sector 109, Gurgaon

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ATS Kocoon, ATS, Sector 109, Gurgaon

Last updated: May 27 2019
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  • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

    Originally posted by rmnoida View Post
    BasheerKhan,

    You missed the point - May be I was not explicit or may be I used the wrong word of "loan" which might have given that indication.

    ATS has not taken the loan from HDFC Bank .. But the arm of HDFC (HDFC Real Estate Portfolio Management Services) who invests in properties where they see the credibility of builders and potential to make money. They do their own research as well to understand the market and invest in properties where they see more potential of making money than just getting the 14-15% of interest rate from the builder.

    In terms of timeframe, nobody can predict how much time will it take - Everybody has some gut feel in mind. However, what I can say is that HDFC Real Estate PMS has to return money to its investor in next 4-5 years and they would like to provide decent profit on this investment. So, in my view, HDFC Real State PMS will exit by 2016 or earlier. If they do not see making decent money out of this investment, they will not invest in this venture.

    Just a data point for you to consider ..
    Very good point sirji..HUDA and india bulls claims that the project will be on time and 5 kms litigation shall be resolved by the time the rest of the road is made i.e. next year.So worst come to worst scenario the DEW will be there in next 2 to 3 years ...that is the time of delivery of these projects...Wait for next month there is new verdict expected from High court,,

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    • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

      Inspired by amit001's visit, I decided to recce of the area this afternoon. I live in Gurgaon near Sohna road and with my limited navigation skills I made right to the point where Chintel,Raheja and Shoba et al. have presence. My observations are :-
      1. Surrounding area is no better than rest of the Gurgaon not developed by a private builder - read T3 city look. For those who have driven beyond Rajiv chowk towards Hero Honda on Nh8 know what I'm talking about.
      2. Sales person at Raheja tells me that the folks effected by the acquisition were offered land in Sec. 110A but 110A folks have filed a suit against this.
      3. Of course everyone is hopeful that this will be resolved eventually. Time is the question.
      4. I'm no expert in RE but I feel that this area has tremendous potential especially compared to NH8 projects. Airport,Gurgaon Railway station, existing SEZ on old Gurgaon road, other work places in GGN etc. are close distances.
      5. I don't understand and agree to "nearness to Delhi" factor. It assumes everyone to reside in GGN and Noida is small time businessman having setup in Delhi and all work folks are LDC/UDC working for Central govt !! I live in GGN, my kids attend school here, I have hospitals here and I actually work here which makes me trek to Delhi only for social visit purposes. And this is precisely the reason why GGN prices have gone up - high paying jobs which makes half decent apt. command 40K rent 15 kms. from Delhi border (I'm referring to Sohna road). And this precisely the reason why Greater Noida has sucked and will continue to suck for next decade unless it gets jobs locally and not remain as distant Delhi suburb.
      6. With so many builders jumping in, I expect to see serious oversupply in secondary market down the line. Short term investors may make a note of this !
      7. Raheja Atharva already has its tower up along with a sample flat. They expect to deliver 2013 beginning. And that I think is a problem. I don't consider this area to be habitable during next 5 years. Except for larger units they are all sold out.
      8. There's a provision for commercial space, schools and hospital in the vicinity. 5-7 Yrs some thing should start to materialize.

      In short - the area has serious potential for folks with 5-7+ yrs. horizon. As far as ATS itself is concerned I'm struggling with the following:-
      1. Chintel is available in resale for under 4k then why ATS ?
      2. How much loading is there for ATS flats ?
      3. I still cant get over lifts sharing wall with apartments in ATS

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      • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

        Expectations ( whether realistic or not, god only knows & time will tell ) , if's , buts, that is the whole story, D e way seems to be hinging upon .

        As i said many times before it is a big gamble, as of now . Aab kuuch log insist that they want to put their Draupadi on gamble, that is entirely their wish .
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        • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

          Originally posted by piyush123 View Post
          I contacted ATS marketing team and they told they are not taking any furhter booking . rest all bookings to be done on 25th Nov.
          can any one else confirm this
          Yes, I have heard the response from contacting old customer, has lead to huge sale in one day.

          ATS is a better brand than UNITECH. This is not about the size of teh company, it is about branding in minds of existing cistomer base.

          Rahul....I am thinking of posting somthing to share real information that will change some opinions or get lot of reaction from certain bloggers....simple...fact ..industry data on ATS project returns..... ? shall I ....?

          I just need few minutes to collate it.
          Nothing Surprises Me

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          • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

            Great, vb . A big Broker has given me some data . I hope u r not producing the same . Anyways, would wait for yours first .
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            • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

              Originally posted by BasheerKhan View Post
              Builder has already made money , bahot hai yaha pe jo sirf ye soch ke invest kar rahe hain ki 10 NRIs ne bhi invest kiya hai toh hum bhi paisa laga dete hain. Laughable approach to RE. Investor should be worried and end user should worry about DEW litigation.
              That is for you to decide how you interpret the data .. I am giving you a data point.

              One thing is for sure that HDFC Real Estate PMS will not invest in builder who will make quick money and exit and keeping their customer hanging in the air.

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              • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

                Originally posted by vb2309 View Post
                Yes, I have heard the response from contacting old customer, has lead to huge sale in one day.

                ATS is a better brand than UNITECH. This is not about the size of teh company, it is about branding in minds of existing cistomer base.

                Rahul....I am thinking of posting somthing to share real information that will change some opinions or get lot of reaction from certain bloggers....simple...fact ..industry data on ATS project returns..... ? shall I ....?

                I just need few minutes to collate it.
                VB ,

                These brokers may never understand why common customers of ATS like us will fight so passionately for a project...
                But we are pained when a credible builders is not given his due respect, we are pained when people just for saying negative say negative.
                The true evaluation of an organization or a company is done by the its customers who are using its product..When these customers come back to it again and again it says a lot..No one here can dispute or has disputed that 60% of ATS inventory has already been sold in a DP scheme..ATS never marketed or used brokers for tis...They even refused to offer this after a certain date..The date was been set up before..I could not get a deal as I missed the deadline..I had to buy from my friend...Today also ATS is not offering .... People in GGn market cannot understand his as the whole RE here was hyped by the brokers (DLF projects e.t.c.)..Some of the builders here only deal through brokers....ATS is different..

                And most importantly Sector 109 is a sector of Shobha villas, ATS koccon , e.t.c. .The sector is already termed as the luxury sector...Wait for 6 months..the prices will be 30% higher..I can bet on it....

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                • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

                  Originally posted by sikkaji View Post
                  Inspired by amit001's visit, I decided to recce of the area this afternoon. I live in Gurgaon near Sohna road and with my limited navigation skills I made right to the point where Chintel,Raheja and Shoba et al. have presence. My observations are :-
                  1. Surrounding area is no better than rest of the Gurgaon not developed by a private builder - read T3 city look. For those who have driven beyond Rajiv chowk towards Hero Honda on Nh8 know what I'm talking about.
                  2. Sales person at Raheja tells me that the folks effected by the acquisition were offered land in Sec. 110A but 110A folks have filed a suit against this.
                  3. Of course everyone is hopeful that this will be resolved eventually. Time is the question.
                  4. I'm no expert in RE but I feel that this area has tremendous potential especially compared to NH8 projects. Airport,Gurgaon Railway station, existing SEZ on old Gurgaon road, other work places in GGN etc. are close distances.
                  5. I don't understand and agree to "nearness to Delhi" factor. It assumes everyone to reside in GGN and Noida is small time businessman having setup in Delhi and all work folks are LDC/UDC working for Central govt !! I live in GGN, my kids attend school here, I have hospitals here and I actually work here which makes me trek to Delhi only for social visit purposes. And this is precisely the reason why GGN prices have gone up - high paying jobs which makes half decent apt. command 40K rent 15 kms. from Delhi border (I'm referring to Sohna road). And this precisely the reason why Greater Noida has sucked and will continue to suck for next decade unless it gets jobs locally and not remain as distant Delhi suburb.
                  6. With so many builders jumping in, I expect to see serious oversupply in secondary market down the line. Short term investors may make a note of this !
                  7. Raheja Atharva already has its tower up along with a sample flat. They expect to deliver 2013 beginning. And that I think is a problem. I don't consider this area to be habitable during next 5 years. Except for larger units they are all sold out.
                  8. There's a provision for commercial space, schools and hospital in the vicinity. 5-7 Yrs some thing should start to materialize.

                  In short - the area has serious potential for folks with 5-7+ yrs. horizon. As far as ATS itself is concerned I'm struggling with the following:-
                  1. Chintel is available in resale for under 4k then why ATS ?
                  2. How much loading is there for ATS flats ?
                  3. I still cant get over lifts sharing wall with apartments in ATS
                  Thanks for the insight mate. My bet on the area is for long term. But short term returns are also welcome for feel-good factor

                  Buying Chintels in resale is a good bet specially at <3900 levels. Current progress of Chintels is very good and is on positive track but they still have to deliver their first residential product. People have already seen previous ATS products and can expect same, if not better, quality.

                  Comment


                  • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

                    Originally posted by vb2309 View Post
                    Yes, I have heard the response from contacting old customer, has lead to huge sale in one day.

                    ATS is a better brand than UNITECH. This is not about the size of teh company, it is about branding in minds of existing cistomer base.

                    Rahul....I am thinking of posting somthing to share real information that will change some opinions or get lot of reaction from certain bloggers....simple...fact ..industry data on ATS project returns..... ? shall I ....?

                    I just need few minutes to collate it.
                    I have no doubts in it in any case...even ATS also does not need this..Today also if some one ask for a DP deal even at 4000 ATS will say no...come at the time of launch...

                    Comment


                    • Re : ATS Kocoon, ATS, Sector 109, Gurgaon

                      rahul Bhaiya, aap ko tao abhi 4 din bhi nahi haun ATS kharreda huain, aap kaha ke loyal customer baan gaye aur itni pain ka reason Doctor se check karwao, koi kush khabri naa ho !!!!!!!!!!!!!!!!!!!!!
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