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Preminum Ultra, Capital Group, Sector 70A, Gurgaon

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Preminum Ultra, Capital Group, Sector 70A, Gurgaon

Last updated: June 25 2015
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  • Preminum Ultra, Capital Group, Sector 70A, Gurgaon

    Just got the sms below...price seems to be high

    After a Grand Success of "CITY SCAPE"Capital Launches Premium Ultra Luxurious residential project in Sec70A
    Last edited June 4 2012, 08:05 AM. Reason: Deleted the Broker contact & email details
  • #2

    #2

    Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

    Talked to the broker...it seems that capital has bought m3m's Site and launching a project there...so it's old wine in new bottle...Not very interesting... The only factor that it sells could be that paras is selling at 6500.
    Also, sizes seem to be quite big...2bhk is around 1550 square ft

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    • #3

      #3

      Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

      why will naybody buy these projects at these prices..

      when Unitech projects are available at much cheaper prices at better locations

      Southpark - 5400
      Crestview - 5300/5400
      Vista - 4600/4700

      Is any body actually buying these 70 a projects at 6000+ prices

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      • #4

        #4

        Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

        SP/Vista are infact on the main road, at a much lower prices.

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        • #5

          #5

          Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

          True..am a big believer thats best location arpund spr is that of vista n south park...not a big fan of sunbreeze n crestview though

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          • #6

            #6

            Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

            There is a big disconnect in the prices between sohna road/Gxt and SPR (sector 69,70, 70A). Completed projects like Park View City 1/2, Orchid Petals, Vipul are commending prices of 8000+ despite having basic specifications, while in a new sectors adjacent to Gxt sohna road, prices are ~ 5,000/sq.ft. even as new sectors are supposed to have better infrastructure.

            There is no doubt that Unitech projects have best locations and site layouts but for various reason investor confidence in Unitech is low. Ultimately price differential will come down. Something with price range of 5,000 - 6,000 in these areas from a good builder is not not a bad choice if we do not benchmark them with vista/south park prices

            I can bet if a builder like DLF,Bestech, Godrej or Vipul comes up with a project bang on SPR, people may be willing to shell out even 6500-7000

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            • #7

              #7

              Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

              Capital New Project in sec.-70A

              I also received the same SMS regarding Capital launching new project in sec-70A 6050/sqft.

              Its very interesting and it'll appreciate fast bcoz in SPR except unitech no big banner is there and some how unitech is like hell now a days.

              SPR is already under construction, If people are buying on Dwarka X-press way 5500-6000 where as we all know that Dwarka X-press way will take another 7 to 8 years so in this scenario, Capital is very good option.

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              • #8

                #8

                Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

                It's better to take unitech in resale rather than some of these projects with new builder....one telecom issue is resolved for unitech, it's properties will command much higher prices which could be possible in a year or 2

                Property is only abt location , location and location when it's ready....so I would hope that unitech prop will be much higher once completed )))))

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                • #9

                  #9

                  Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

                  Even I have not heard much about the builder, but yes the brokers and banking upon and even assuring investors of the builder.

                  Don't know what exactly is the reality, not very sure how good the decision of investing into this property would be.

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                  • #10

                    #10

                    Re : Preminum Ultra, Capital Group, Sector 70A, Gurgaon

                    Very true... if someone has a holding capacity it is a good time to enter the unitech projects in SPR as the entry price is low and will be giving good returns..
                    we all are well aware of the crunch unitech is facing at present but once revived from it (dont know when) it will be benefitial for the investors...
                    One can see the demand in Fresco at present, ready to move options are commanding somewhere around 8500/sqft and under constructions towers are commanding between 6700 - 7000/sqft... people are holding their units in under construction towers as 95% payments are already been paid to the builder and no new demand is going to come soon..everybody knows once completed they will be at par with market price...
                    Just my POV...


                    Originally posted by reinvestor View Post
                    It's better to take unitech in resale rather than some of these projects with new builder....one telecom issue is resolved for unitech, it's properties will command much higher prices which could be possible in a year or 2

                    Property is only abt location , location and location when it's ready....so I would hope that unitech prop will be much higher once completed )))))

                    Comment

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