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DLF Regal Garden, DLF, Sec 90, Gurgaon

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DLF Regal Garden, DLF, Sec 90, Gurgaon

Last updated: May 23 2017
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  • DLF Regal Garden, DLF, Sec 90, Gurgaon

    I just noticed the DLF website for Regal Gardens project is saying "Nominations Open on receipt of 30% of total price"

    Anyone know what does it mean?
    Last edited December 29 2016, 07:24 PM.
  • #2

    #2

    Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

    I presume it means that u can sell ur property after making the 30% payment....

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    • #3

      #3

      Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

      If nomination opn means transfer can be done then......
      reducing the same from 1yr (as in nth) to 6 months def means they are trying desperately to get investors who would have stayed away from the project because of their old 1 yr lock in clause.

      Looks like a lot of inventory left with DLF and a case of trying to be competitive with others on this front

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      • #4

        #4

        Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

        Have never seen such desperate scouting for customers by dlf. There also used to be a time when their applications towards original booking used to get oversubscribed / used to get overwhelming response but now their forbidden acts have turned the table on them. After Belaire episode , everyone knows that this developer is fond of adopting to unfair trade practices and also in need of funds to pay off it's huge debt , decisions taken by it's ancillary co.;dlf property management who maintain dlf properties on purely profit basis business model has been facing heat from dlf residents located in phase V for taking decisions arbitarily.I am sure a person residing in dlf property only knows best what it takes to be a residing in dlf apartments.Quality of construction is such that there is no cement on the walls , curtain rods keep falling , the deveoper has used sub standard construction material.Even after writing to Rajiv Singh and his subordinates they have turned deaf ears and seems one day some one would drag dlf to the court on cheating , risking the lives of people and other relevant sections of the IPC.Who would willingly like to commit a mistake.As an end user , i feel except location , there's nothing great about dlf properties.I am eagerly waiting for the other niche elite developers to raise their flag as and when their projects become liveable on Golf Course Extension Road.

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        • #5

          #5

          Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

          Originally posted by vineetm View Post
          Have never seen such desperate scouting for customers by dlf. There also used to be a time when their applications towards original booking used to get oversubscribed / used to get overwhelming response but now their forbidden acts have turned the table on them. After Belaire episode , everyone knows that this developer is fond of adopting to unfair trade practices and also in need of funds to pay off it's huge debt , decisions taken by it's ancillary co.;dlf property management who maintain dlf properties on purely profit basis business model has been facing heat from dlf residents located in phase V for taking decisions arbitarily.I am sure a person residing in dlf property only knows best what it takes to be a residing in dlf apartments.Quality of construction is such that there is no cement on the walls , curtain rods keep falling , the deveoper has used sub standard construction material.Even after writing to Rajiv Singh and his subordinates they have turned deaf ears and seems one day some one would drag dlf to the court on cheating , risking the lives of people and other relevant sections of the IPC.Who would willingly like to commit a mistake.As an end user , i feel except location , there's nothing great about dlf properties.I am eagerly waiting for the other niche elite developers to raise their flag as and when their projects become liveable on Golf Course Extension Road.
          So finally DLF is rediscovering their real state (estate)...good to hear!!

          Comment

          • #6

            #6

            Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

            No wonder they are having a hard time selling these. For the location, they have simply priced these apartments, way tooo high. And gone are the days when their investors would blindly go and buy stuff at whatever prices they were offered.
            Smarter investors = hard times for developers
            Disclaimer: This is my understanding, plz do your own research and find out for yourself.

            Comment

            • #7

              #7

              Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

              For investment perspective DLF NH-8 80x and 90x is very good area.
              In future new Gurgaon NH-8 area will also be called as DLF Area because of DLF 450-acre township in new Gurgaon will be spread over sectors 82,86, 87, 90, 91 and 92 (new Gurgaon), and will comprise of group housing, commercial and plotted development.

              DLF to launch 450-acre township in Gurgaon; may invest Rs 8,000 cr - Economic Times

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              • #8

                #8

                Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

                i would suggest not to go with DLF and construction quality is poor now. they are just using their old brand name.you may want to research other developers.

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                • #9

                  #9

                  Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

                  Originally posted by sandynew View Post
                  For investment perspective DLF NH-8 80x and 90x is very good area.
                  In future new Gurgaon NH-8 area will also be called as DLF Area because of DLF 450-acre township in new Gurgaon will be spread over sectors 82,86, 87, 90, 91 and 92 (new Gurgaon), and will comprise of group housing, commercial and plotted development.

                  DLF to launch 450-acre township in Gurgaon; may invest Rs 8,000 cr - Economic Times
                  Dear sandy,

                  Where do you think DLF is going to get another 8000 Cr.....they can't pay their existing loans of 24000 Cr.....just got kicked out of SENSEX....which means selling stocks will also fetch lesser and lesser everyday.....do you really feel that someone can develop 6 sectors with buyer's/investors bank loan linked payments?

                  Comment

                  • #10

                    #10

                    Re : DLF Regal Garden, DLF, Sec 90, Gurgaon

                    Originally posted by pankajiaf View Post
                    Dear sandy,

                    Where do you think DLF is going to get another 8000 Cr.....they can't pay their existing loans of 24000 Cr.....just got kicked out of SENSEX....which means selling stocks will also fetch lesser and lesser everyday.....do you really feel that someone can develop 6 sectors with buyer's/investors bank loan linked payments?
                    First let me be very clear, I am no DLF fan. I have been hurt in the past at the hands of DLF and I am very wary of them now. Having said that, to address the point raised by you, that DLF cant come up with 8000 CR to develop New Gurgaon. You have to remember that there is an immense land bank available to DLF that can be sold off to raise money for various activities. Its only their want to keep acquiring new land, rather than focusing on finishing current projects, that has caused this problem. Don't forget they happen to be one of the oldest and biggest players over here. They might face some heavy music in the coming times, but they are not even close to packing up and leaving.

                    But I do agree the golden era for DLF, wherein ppl would blindly go and invest in whatever they came out with, is over. Customer is smart now, and knows how to spot a bad deal. There are mediums like IREF available to them to discuss a project in detail, from different POV's before investing his hard earned money.
                    Last edited April 24 2012, 01:02 AM.
                    Disclaimer: This is my understanding, plz do your own research and find out for yourself.

                    Comment

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