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Skyon by Ireo Developers in Sector 60, Gurgaon

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Skyon by Ireo Developers in Sector 60, Gurgaon

Last updated: December 18 2020
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  • Skyon by Ireo Developers in Sector 60, Gurgaon

    Ireo Skyon is at a resale value of 9000 bsp at present, as vs other projects on GCX road, which are selling at 7000 to 8000. With a budget of 1.5 cr, would a 2 bhk at Skyon be a good investment, or is it an over hyped/ over priced project? Are points of contention, like the builder involved (Pratibha), the project not having even started as yet, Ireo being relatively new in the Indian market, to be considered?
    Last edited January 18 2016, 02:02 PM. Reason: Text Formatting
  • #2

    #2

    Re : Skyon by Ireo Developers in Sector 60, Gurgaon

    Hi,

    The skyon is the fastest moving project from Ireo. The price moves at about Rs 300 psf per month. I see it crossing 10500 in resale by the end of this year. The current company price has been recently hiked to 10400. The current resale price is around 9200, 9300 types. If you are getting @9000, it a slightly on the lower side. I bought a 2bhk on 31st may at 8700 psf.

    Thanks

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    • #3

      #3

      Re : Skyon by Ireo Developers in Sector 60, Gurgaon

      If the purpose is investment then I don't think it can give you the ROI which following projects on GCX can deliver :-
      1.) Palm Drive
      2.) Emerald Hills
      3.) Ireo Victory Valley
      4.) Uptown

      If purpose is end-use then sure it could be good option...
      Last edited August 1 2012, 12:57 AM.

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      • #4

        #4

        Re : Skyon by Ireo Developers in Sector 60, Gurgaon

        Hi Guys and please allow me entry into this exclusive world full of Gurus and Mahagyanis! Being a new member, I am not familiar with the correct use of the Forum for posts etc but am a quick learner. By the way I am one of the lucky ones to have bought 2 units in Tower B in Skyon at 6500. Am exiting 2x3BHK's in Victory Valley Tower B on higher floor-any help from Gurus about prevailing price etc. or anyone interested?

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        • #5

          #5

          Re : Skyon by Ireo Developers in Sector 60, Gurgaon

          i have invested in ireo all over and i am extremely impressed with the way things are moving in.all the projects in line.Skyon is gona be one of the best projects on ext road.if we look at the pattern of IREO pricing the company price and the secondary market goes hand in hand.
          Uptown / 8000 / 7500
          skyon / 10400 / 9400 approx for smaller sizes
          G.Arch /11500 / 10500 to 11000

          so over all the demand and supply is in right ratio.Investing in IREO is never late and one can enter at any stage coz its value for money and peace of mind.On the other hand Projects like Emmar Mgf and M3M are just Taking advantage of the bubble.Other wise i dont think its a good idea to invest in companies like one mentioned above

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          • #6

            #6

            Re : Skyon by Ireo Developers in Sector 60, Gurgaon

            Hi,

            The Victory Valley resale should be around 7800-8000 types.

            Thanks

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            • #7

              #7

              Re : Skyon by Ireo Developers in Sector 60, Gurgaon

              Thanks Manoj but I think I better wait till the latest increase from company takes effect in the secondary market as the next demand for payment would not be due before end September since Tower B outer 3 BHK apartments have only been constructed till 4th floor and work is going on for 5th floor walls.

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              • #8

                #8

                Re : Skyon by Ireo Developers in Sector 60, Gurgaon

                HI , I am planning to invest a flat on GCX, please help what is the min. budget required to invest in below mentioned projects say for 1500-1600 sqft flat and what is the payment to be given till now including builder + premium to be paid.


                1.) Palm Drive
                2.) Emerald Hills
                3.) Ireo Victory Valley
                4.) Uptown

                thanks..

                Comment

                • #9

                  #9

                  Re : Skyon by Ireo Developers in Sector 60, Gurgaon

                  Dear ALl,

                  i did have a word with Ireo executive and they said that they are still awaiting for Environment clearance. I am really worried now since there is no visibility on ground water usage notice as well

                  If any one have a visibility in this regard, please share.

                  thanks
                  Amit Garg

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                  • #10

                    #10

                    Re : Skyon by Ireo Developers in Sector 60, Gurgaon

                    Is someone having an idea on when is IREO expecting enviornment clearance for Skyon. I got to know from some channel partners that the approvals have been recieved but the CRM then said No. Is it just some rumour going around?

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