Hi All,

I have created a community for Jaypee Kensington Boulevard flat owners on Indian real estate forum. Please join this community if you have purchased a flat in Jaypee Kensington Boulevard, Sec 131, Noida.

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  • Originally Posted by Thor_samir
    Bro 4500 AI means approx 4000BSP. I don't think there are units available at this price. 4500-4600 BSP is the prevailing market rate.



    What is Prevailing market Trend ???

    Glimpses already seen in past 1 month....

    By Diwali....You will see more

    By 2014 Mid....A lot more :)


    All inclusive rates in projects which are nearing possession in 12 - 15 months are around 4800 psf all inclusive...

    KBA is not an exclusive Premium project...Its very similar to projects all around 137 area...I call it Khichdi projects...1,2,3,4 bhk ...All in one !!!!

    4600 All incl...Very much the price one should Aim for IF AT ALL he wants this project.


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  • Originally Posted by zohaib2012

    What is Prevailing market Trend ???

    Glimpses already seen in past 1 month....

    By Diwali....You will see more

    By 2014 Mid....A lot more :)


    All inclusive rates in projects which are nearing possession in 12 - 15 months are around 4800 psf all inclusive...

    KBA is not an exclusive Premium project...Its very similar to projects all around 137 area...I call it Khichdi projects...1,2,3,4 bhk ...All in one !!!!

    4600 All incl...Very much the price one should Aim for IF AT ALL he wants this project.




    Buying the Trend:

    Going to the theory of Zohaib (I have great respect for him) may I suggest all the owners in KBA (and possibly elsewhere) to get rid of their respective units and jump back in mid-2014. All would be making handsome profits and also earn some interest on the money accrued from the sales by putting it safely in an FD for one year.

    Sell at 4600 AI today, you would get it back at 4200 AI next year. The delivery of the project is three years away anyways. Cool, isn't it?
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  • Once a person ownes a Real estate under construction what could be the circumstances he would be selling his unit.
    If he is a investor/end user-
    1. Desperate for money, he will sell of within a limited time frame at a reasonable offer.
    2. Having deep pockets, paid off maximum (>60%) of the actual price. If he is not in a hurry to sell, he will offload his investment only at a sizable targetted profit amount. He can wait and tide over bad market phase.

    I understand builders & developers might be streached and can reduce rates of their inventories but to assume secondary market sellers will respond in the same way may not be correct.
    remember secondary maket consists of investors and end uses from a very wide spectrum of professions in india and abroad.
    There is a definite possiblity some secondary market sellers get impatient / desperate and offload at reduced prices. Availablity of such units will be function ( controlled ) of time. Ex depending of the total size of builder project there will be x (3-5) units available for sale at any point of time at reduced prices and all buyers competing to buy them.
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  • Originally Posted by zohaib2012

    What is Prevailing market Trend ???

    Glimpses already seen in past 1 month....

    By Diwali....You will see more

    By 2014 Mid....A lot more :)


    All inclusive rates in projects which are nearing possession in 12 - 15 months are around 4800 psf all inclusive...

    KBA is not an exclusive Premium project...Its very similar to projects all around 137 area...I call it Khichdi projects...1,2,3,4 bhk ...All in one !!!!

    4600 All incl...Very much the price one should Aim for IF AT ALL he wants this project.




    I guess you are not in tune with the market that exists currently...4600 all inclusive for KBA.....hehehe in your dreams man.... i rated you much more than this but it seems you have lost your edge and are living in past tense.....no offense.
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  • I had meet couple of broker in tower19 unit 4 no offer is less then 4800
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  • Even a car salesman takes few days and weeks to give you best rates.

    This is resale property.....Takes time..

    No Hurry....Rates are Not going anywhere...i said this 6 months back...it was clear then....and its clearer Now....

    You have all the time to negotiate.


    @Capslock....Real Estate is neither Gold or Stocks..which can be sold in a few moments.
    Untill Unless a Property is SOLD....it hasnt given you returns.
    Paper prices...website prices...broker prices...on email...phone...etc are useless...Actual rates are different for a Buyer...and different for a seller.
    A Broker may offer you the moon on phone....he knows 90% of you guys are calling in..mailing him...to TRACK the market.

    He is not a fool to throw away his cards like that....to casual visits..calls...emails..etc etc

    Jab bayaney ka cash saamney hota hai...Post dated cheque table pe hota hai......with all docs in place....wahaan se negotiations START hoti hain.

    Noida ke saath problem yeh hai....ki There is simply too much supply....Its Absurd.....No builder will reduce his prices...with 70-80% project sold out...he his already achieved his target....he doesnt care about the rest 20-30%......

    Investor when making an exit.....will have competition.....and that will spoil the show....

    Dont worry about Builder...he has sitting pretty...

    Untill Unless a property doesnt give you 15% returns p.a....its considered average investment
    10% return p.a ...Is considered a Loss.

    Like there is a time to ENTER...there is always a time to EXIT.

    Broker made when selling fresh....and he will make when selling in resale....phansega Investor
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  • Why price of penthouse r more by 500psf. But bigger the propert prices should be less
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  • Originally Posted by zohaib2012
    Even a car salesman takes few days and weeks to give you best rates.

    This is resale property.....Takes time..

    No Hurry....Rates are Not going anywhere...i said this 6 months back...it was clear then....and its clearer Now....

    You have all the time to negotiate.


    @Capslock....Real Estate is neither Gold or Stocks..which can be sold in a few moments.
    Untill Unless a Property is SOLD....it hasnt given you returns.
    Paper prices...website prices...broker prices...on email...phone...etc are useless...Actual rates are different for a Buyer...and different for a seller.
    A Broker may offer you the moon on phone....he knows 90% of you guys are calling in..mailing him...to TRACK the market.

    He is not a fool to throw away his cards like that....to casual visits..calls...emails..etc etc

    Jab bayaney ka cash saamney hota hai...Post dated cheque table pe hota hai......with all docs in place....wahaan se negotiations START hoti hain.

    Noida ke saath problem yeh hai....ki There is simply too much supply....Its Absurd.....No builder will reduce his prices...with 70-80% project sold out...he his already achieved his target....he doesnt care about the rest 20-30%......

    Investor when making an exit.....will have competition.....and that will spoil the show....

    Dont worry about Builder...he has sitting pretty...

    Untill Unless a property doesnt give you 15% returns p.a....its considered average investment
    10% return p.a ...Is considered a Loss.

    Like there is a time to ENTER...there is always a time to EXIT.

    Broker made when selling fresh....and he will make when selling in resale....phansega Investor


    There are three type of people who buy property:

    - End users/first time property buyers(maximum number)
    - Long term investors with deep pockets
    - Short term investors

    Short term investors are at most risk if rates don't increase according to their plans.

    Now if Noida market has more number of short term investors(which I don't think) and they are forced to do panic selling then rates may show some slowdown in specific projects/areas.

    But thinking that whole of Noida prices are going to crash because of panic sales is plain stupidity.
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  • Originally Posted by zohaib2012

    Untill Unless a property doesnt give you 15% returns p.a....its considered average investment
    10% return p.a ...Is considered a Loss.

    Like there is a time to ENTER...there is always a time to EXIT.

    Broker made when selling fresh....and he will make when selling in resale....phansega Investor


    My property is giving me approx. 25% returns p.a from last two years and that too in noida and it is flat which are in abundance in noida.

    Sick of hearing about this oversupply theory.

    Another thread is their of "Tables started turning" which never made any sense.
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  • NOT ONLY YOUR PROPERTY...but every property in NCR has given this return...even in bhiwadi..kundli..greater noida....even yamuna expressway..No big deal !!!!

    Bakki Over supply theory will make sense...dont worry

    Let these concrete jungles of NCR be ready.....then see how buyers behave

    They wont even look at Brochures or 3D Models...


    When people will see how 120 flats per acre projects look like.....they will know
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  • Zohaib is absolutely right.

    Yaar purchase ki baat karte ho, rent market ka pata hai kya bura haal hai.
    1 dost ki 200sqm ki kothi heart of sec-50 mein 6 mahine se khali padi hai
    Kirayedaar hi nahi mil raha isko...aur ye to tab haal hai jab ye bhai market rate se 10% kam kiraye pe dene ko razi hai.
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  • Originally Posted by Titlee
    Zohaib is absolutely right.

    Yaar purchase ki baat karte ho, rent market ka pata hai kya bura haal hai.
    1 dost ki 200sqm ki kothi heart of sec-50 mein 6 mahine se khali padi hai
    Kirayedaar hi nahi mil raha isko...aur ye to tab haal hai jab ye bhai market rate se 10% kam kiraye pe dene ko razi hai.



    Why are you comparing apples to oranges??? Discussion is about ongoing rates and you started talking about rental rates.

    Secondly we are not talking about any kothi here....its comparatively easier to get a tenant for a flat in the range of 1000-2000sq ft flat than a tenant for a big kothi.

    Don't mix up issues bro.
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  • Sirji ye aap sochte honge.

    Kothi ho ya flat, baat Noida mein bik rahi property ki hi chal rahi hai.

    Ab aisa to hai nahi ki kothi free mein bik rahi hai aur flat ka rate hi bad raha hai..

    Desh ki Econmy ka to vaise bhi bathha hi betha hua hai.

    2-3 saal ke baad to mast haal ho jayega Noida ka.



    Originally Posted by confusedUser
    Why are you comparing apples to oranges??? Discussion is about ongoing rates and you started talking about rental rates.

    Secondly we are not talking about any kothi here....its comparatively easier to get a tenant for a flat in the range of 1000-2000sq ft flat than a tenant for a big kothi.

    Don't mix up issues bro.
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  • 10th ke aaspass peeche wala unit chalega kya is rate mein?

    Originally Posted by akash.g
    Please find me a deal in kube at 4800 bsp. Lower floor, park facimg..
    If not, then quit talking B.S. .
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  • Titlee ji, please dilwa do. Waise i know every unit in the market. No one was ready to sell..

    Have been trying for the past 1 month. And then THEY say its the Buyer's Market.
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