A lot of companies are advertising for property citing nearness to Dwarka expressway corridor.

Shilas, Indiabulls Centrum Park and Ramprastha Edge Tower come to mind.

Does anybody have news on when this construction will start and when it is likely to finish? Has the contract been awarded and to whom?
Date of completion and start of operation will be vital news for evaluating the pricing of flats sold in this corridor.

Last I heard was that a few houses in Palam Vihar were slated for demolition for this expressway in May June 09 or thereabouts.
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  • Do not know what people expect from RE.. It has been squeezed , no point in putting money in RE asset class for 3 years : u will not get even FD returns ; peole with cash in bank will be treated like king : it is just a dull market now ; wait for 2 years and it will be massacre .. There is still some juice left in investors . I personally know 25 plus investors who had over leveraged and did invest in 2013 inspite of me clearly saying that not a right time : are bleeding now..

    Lots of cancellation will happen , if some one has patience wait for 2 years keep accommodating money and then buy ; buy now of u want for end use and really love unit and project..

    Wait my friends wait..

    Massacre is about to begin...

    Same thing is being accomodated in stocks : peole are running after them ; another doom time is coming ..
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  • I had brought a unit in dec 2011 and in one of the most sought project in GCX now want to swap it with 3 Bhk ; not even a single buyer is there .. everyone assume that seller must be in distress ..
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  • Since there is a mad scramble to get homes and all homes are sold out (according to you), then I am sure transfers would be happening, resales would be happening. I am talking about actual transfers/registries happening? Dónt be so naive. I am sure you got my drift.



    Originally Posted by Khalsa
    JethroNull sir,
    It's paid business article so there are spining and twisting of words to sound good.
    Regarding to find out transfer and new sales in Raheja office why when project is sold out already.We are talking about is project in sec109.
    So what new sales or transfer you are looking sir.
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  • Absolutely and the builders still have the balls to put such crap articles on front pages of our "esteemed" newspaper.

    Those heady days of RE are gone. Lets keep the expectations real.


    Originally Posted by doobti
    I had brought a unit in dec 2011 and in one of the most sought project in GCX now want to swap it with 3 Bhk ; not even a single buyer is there .. everyone assume that seller must be in distress ..
    CommentQuote
  • Originally Posted by doobti
    Do not know what people expect from RE.. It has been squeezed , no point in putting money in RE asset class for 3 years : u will not get even FD returns ; peole with cash in bank will be treated like king : it is just a dull market now ; wait for 2 years and it will be massacre .. There is still some juice left in investors . I personally know 25 plus investors who had over leveraged and did invest in 2013 inspite of me clearly saying that not a right time : are bleeding now..

    Lots of cancellation will happen , if some one has patience wait for 2 years keep accommodating money and then buy ; buy now of u want for end use and really love unit and project..

    Wait my friends wait..

    Massacre is about to begin...

    Same thing is being accomodated in stocks : peole are running after them ; another doom time is coming ..

    :) some "ordinary" people believe that they have a magic wand and they can time everything.. it just shows that people are quite naive.. if everyone becomes really as smart as they believe themselves to be.. then everyone will be Warren Buffet..
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  • Originally Posted by JethroNull
    Since there is a mad scramble to get homes and all homes are sold out (according to you), then I am sure transfers would be happening, resales would be happening. I am talking about actual transfers/registries happening? Dónt be so naive. I am sure you got my drift.


    Listen sir,
    I am not naive and I understand your drift very well.
    I am talking about Raheja project in sec 109 only is sold out. You think Raheja cares if any new transfers or new sales.Pl don't broad brush that I mentioned there is mad scramble to get homes.
    Everybody knows RE market is very slow right now and how long it will go nobody's knows.
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  • @jethonull- don't be to negative on dew, think positive.

    Market will soon turn positive.. Days and time are not same always.. Some positive already started with dew clearance.. Wait and watch some investors are tired of long wait but time will change soon in 6month to a year
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  • I really did not get point ki u r criticizing or accepting my statement.. Just a simple question u have 1 cr and want to do investment; will u do in RE now? If yes where .. Please suggest . I might be wrong but will give a perception and can investment my fund more maturely
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  • I am not negative on RE including DEW, it is a cycle but the time frame you are mentioning, a'int gonna happen.

    I think some realism is extremely important. Something fundamental is changing in RE in my humble opinion and is imperative that over-exuberance is challenged through arguments and facts.

    Keep them coming. :)


    Originally Posted by samsekh
    @jethonull- don't be to negative on dew, think positive.

    Market will soon turn positive.. Days and time are not same always.. Some positive already started with dew clearance.. Wait and watch some investors are tired of long wait but time will change soon in 6month to a year
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  • Leave all this, let do some simple maths.

    Since there are people who absolutely vouch for DEW, could somebody tell me the launch price, launch date and current market rates (both sale and rental) of this Raheja development on DEW.



    Originally Posted by samsekh
    @jethonull- don't be to negative on dew, think positive.

    Market will soon turn positive.. Days and time are not same always.. Some positive already started with dew clearance.. Wait and watch some investors are tired of long wait but time will change soon in 6month to a year
    CommentQuote
  • You are still skirting the issue, Khalsa Ji.

    Assuming that the project is sold out and there is good demand for the project, how many sales/registries/transfers have happened? Wouldn't that give us a great idea on the ground reality?

    Khalsa Ji, investors in Gurgaon have vanished and there have been a lot of casualties. They will not come back in a hurry. End-users will be smart now and will not let the prices rise. When not even a single micro-market in Delhi/NCR (or for that matter MMR, Pune, Bangalore) is performing, why should DEW be any different.

    Anyways, I am out of this. Good luck!




    Originally Posted by Khalsa
    Listen sir,
    I am not naive and I understand your drift very well.
    I am talking about Raheja project in sec 109 only is sold out. You think Raheja cares if any new transfers or new sales.Pl don't broad brush that I mentioned there is mad scramble to get homes.
    Everybody knows RE market is very slow right now and how long it will go nobody's knows.
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  • Guys,

    So is it right time to buy in DEW or not for end use , how much appreciation can one expect YoY ?
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  • For end use, it is subjective; to each his own. I do not think new gurgaon or DEW is suitable for end use currently but there are people living there.

    For investment, be very careful of UC properties and also keep a time frame of more than 5 years atleast and pray to god that you have picked a decent builder/project and unit in the project.

    Prices will at best be subdued for the next few years atleast.

    Also, do an asset allocation for yourself. It shouldn't be either 0 or 100% in RE.


    Originally Posted by nitintandon8
    Guys,

    So is it right time to buy in DEW or not for end use , how much appreciation can one expect YoY ?
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  • Originally Posted by JethroNull
    You are still skirting the issue, Khalsa Ji.

    Assuming that the project is sold out and there is good demand for the project, how many sales/registries/transfers have happened? Wouldn't that give us a great idea on the ground reality?

    Khalsa Ji, investors in Gurgaon have vanished and there have been a lot of casualties. They will not come back in a hurry. End-users will be smart now and will not let the prices rise. When not even a single micro-market in Delhi/NCR (or for that matter MMR, Pune, Bangalore) is performing, why should DEW be any different.

    Anyways, I am out of this. Good luck!


    "why should DEW be any different""
    Just wait for this Expressway to be fully complete Connectivity wise From Its Both Ends.
    And Just wait for the day when Traffic will run from Manesar to Dwarka VIA this Expressway,,,,You will Get Your Answer !!!!!!!!!!
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  • Originally Posted by JethroNull
    You are still skirting the issue, Khalsa Ji.

    Assuming that the project is sold out and there is good demand for the project, how many sales/registries/transfers have happened? Wouldn't that give us a great idea on the ground reality?

    Khalsa Ji, investors in Gurgaon have vanished and there have been a lot of casualties. They will not come back in a hurry. End-users will be smart now and will not let the prices rise. When not even a single micro-market in Delhi/NCR (or for that matter MMR, Pune, Bangalore) is performing, why should DEW be any different.

    Anyways, I am out of this. Good luck!


    Sir,
    You are still ......
    I have not mentioned any think about market and investor registration ,sales ,vanish etc..etc.
    My view was on news paper article to Rohit,I never counter or revert your post.
    Raheja, is giving possession of his project on Dew to 1000 customers, so what is wrong in it it's good news for Dew.why it is hard for you to accept then ,you say I am not anti Dew.
    But you jumping in and started spin and ranting other unnesasarry point and dragging the discussion to other level.
    Ok I am also out of this........
    Thanks
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