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Because as I see it, DP will be fruitful only if it is kept till construction is complete or even later. Exit from DP in a short time frame is very difficult because payment is not spread out for a potential resale buyer. Based on your past experience with ATS, how much appreciation do you foresee in next 4-5 years and how much time on average have they taken in completing their prior projects?[/QUOTE] Right now, yes I plan long term. Because people don't know much about ATS in Gurgaon. As the projects will near completion, the difference will start to emerge(hopefully positive) This is from my past experience. For example ATS village commands 3000psf higher than its neighbours(sharing boundary wall) This was no so during the initial launch... all were at par Even ATS paradiso, Gr. Noida is 500-1000psf higher than its contemporaries. Also true for ATS Advantage, indrapuram. They completed their initial projects on time. ATS paradiso phase 2 was delayed by almost 2 years because of recession. But they gave penalty and did not compromise on quality. It seems ATS Hamlet might be 6-8 months late. Hoping the GGN project will be completed in time or +-6months But the bottomline is that you get a quality product and it stands out. I would advise people not knowing much about ATS, but wanting to invest to visit their projects in Noida to get a first hand feel of the builder quality. I am personally biased towards ATS, because of good past experience and I also live in an ATS society." 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Originally posted by ggnkaaadmi
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Beowulf, are you planning to hold this investment for long term? Because as I see it, DP will be fruitful only if it is kept till construction is complete or even later. Exit from DP in a short time frame is very difficult because payment is not spread out for a potential resale buyer. Based on your past experience with ATS, how much appreciation do you foresee in next 4-5 years and how much time on average have they taken in completing their prior projects?
This is from my past experience. For example ATS village commands 3000psf higher than its neighbours(sharing boundary wall) This was no so during the initial launch... all were at par
Even ATS paradiso, Gr. Noida is 500-1000psf higher than its contemporaries. Also true for ATS Advantage, indrapuram.
They completed their initial projects on time. ATS paradiso phase 2 was delayed by almost 2 years because of recession. But they gave penalty and did not compromise on quality.
It seems ATS Hamlet might be 6-8 months late.
Hoping the GGN project will be completed in time or +-6months
But the bottomline is that you get a quality product and it stands out.
I would advise people not knowing much about ATS, but wanting to invest to visit their projects in Noida to get a first hand feel of the builder quality.
I am personally biased towards ATS, because of good past experience and I also live in an ATS society.
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