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Purvanchal Royal Park Vs ATS One Hamlet, Noida

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Purvanchal Royal Park Vs ATS One Hamlet, Noida

Last updated: May 14 2015
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  • Purvanchal Royal Park Vs ATS One Hamlet, Noida

    Hello Friends! I am a newbie here. I am interested in buying two flats in the same society and preferably on the same floor. Both flats are for end use, One for myself (with my wife and two kids), and one for my parents. I can wait 1.5yrs to 2 yrs for possession. Right now I am living in South Delhi in Alaknanda on rent, and I am buying against a property sold in my hometown. My budget is 2cr. My workplace is in Okhla right now. I will be able to to give a down payment immediately and the balance within 2-4 months. My prime concern is that the society should have a focus on 3 or 4 bed room flats only, and not too congested. It should have good amenities inside(clubhouse, gym etc.), and should be elderly people friendly. One important point is I have only white money, and no cash component, so I think flats on re-sale could be a problem.

    I visited 3c's LB and LP, ATS One Hamlet, Purvanchal royal park, Jaypee, and I have shortlisted the following:

    1. 2 1950 aqft flats in Purvanchal Royal Park
    2. One 2000 sq feet and one 1636 sq feet in ATS One Hamlet.

    I would like your opinions (pro's and con's) and comparisons on the same, and I am open to new suggestions as well. I am very confused but want to book ASAP maybe by this Sunday itself. This is the first time I am buying a property

    Thanks

    Raj
  • #2

    #2

    Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

    you have shortlisted 2 of the best under construction projects in Noida!

    Pros for Hamlet -
    - Better location and low density area though it does have Panache on the side
    - I would rate ATS an edge over Purvanchal in styling based on ATS Village Vs Silvercity. Their landscaping is far superior but Hamlet won't have much green area so that shouldnt matter much
    - Aspirational value

    Cons -
    - 1636 type C flats get limited or no sunlight and winter months can be bad especially for senior citizens
    - As of current rates, they are lot more expensive than royal park (5500 DP for ATS vs 3900 or 4000 for royal park)
    - All towers are 26 stories

    Pros for Royal park -
    - This is the only project they are working on and maybe 1 more in greater noida so all energies on this one and they may try to make it their best one
    - Big laser park coming in vicinity of 100acres or something like that
    - I think towers range from 18 floors to 24 (not sure..)

    Cons -
    - Sec 137 seems like a concrete jungle and will become very crowded down the road
    - no availability in current inventory

    I heard royal park will be launching new towers in few months at rate of 5000. At that rate, 2 flats of 1950 will cost you 2cr. Though it would be a steep jump of 25% in 6 months, if they finally sell them at 4500-4800, then you stand to save lot of money. you could also get 2 apts on same floor in royal park.

    In ATS, you will have to go for resale flats and rate of 1636 may be slightly lower (around 5300) and chances are you will not find 1636 and 2000 on same floor and building.

    It's a tough call on which one is better option so your call finally!



    Originally posted by rajbhatia View Post
    Hello Friends! I am a newbie here. I am interested in buying two flats in the same society and preferably on the same floor. Both flats are for end use, One for myself (with my wife and two kids), and one for my parents. I can wait 1.5yrs to 2 yrs for possession. Right now I am living in South Delhi in Alaknanda on rent, and I am buying against a property sold in my hometown. My budget is 2cr. My workplace is in Okhla right now. I will be able to to give a down payment immediately and the balance within 2-4 months. My prime concern is that the society should have a focus on 3 or 4 bed room flats only, and not too congested. It should have good amenities inside(clubhouse, gym etc.), and should be elderly people friendly. One important point is I have only white money, and no cash component, so I think flats on re-sale could be a problem.

    I visited 3c's LB and LP, ATS One Hamlet, Purvanchal royal park, Jaypee, and I have shortlisted the following:

    1. 2 1950 aqft flats in Purvanchal Royal Park
    2. One 2000 sq feet and one 1636 sq feet in ATS One Hamlet.

    I would like your opinions (pro's and con's) and comparisons on the same, and I am open to new suggestions as well. I am very confused but want to book ASAP maybe by this Sunday itself. This is the first time I am buying a property

    Thanks

    Raj

    Comment

    • #3

      #3

      Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

      Buy a Plot in Jaypee Greens Noida...and make a villa there

      Total will be less than 2 crores

      U will have the land...the teraace and its LIFETIME

      No MaINTENANACE ISSUES

      NO CONSTRUCTION HASSLES

      Donot buy flat in this budget

      Rest ur money....

      Comment

      • #4

        #4

        Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

        Before u start talking about security issues..blah blah blah......

        visit the plot sectors in noida and greater noida which are by private builders....and see the villas and kothis there

        Donot think every plot project is like malviya nagar !!!!

        Donot buy flats in this budget....

        Buy Flats in Noida are for 70-80 lakh budget maximum

        Comment

        • #5

          #5

          Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

          Thanks Zohaib..! I may have to Mortgage one property for my business at a later stage, and I want to cap the same, otherwise this had crossed my mind before.

          Comment

          • #6

            #6

            Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

            Honest Opinion:

            Noida expressway flat prices were ok till about 8-10 monhs.

            and that was the time to enter and buy .....even today..anyone with a budget of 70-80 lakhs buying here is fine.

            2 crores in Flat project....really not recommended...

            Its better to invest this money somewhere else and come back after 2 yeears when these projects withh be RTM....

            There is a massive inventory to be unloaded and around this region....and for sure RTM time..prices would be within easy reach.

            Even plot rates have gone up....but anyday..its FAR BETTER to put ur money in a end user favourable olot region today...than putting 2 crores in flat project.

            You will be blocking your 2 crores in UC property for good 2 years...
            Had they been RTM..and seeing ur need as end user...it would have still made some sense

            You will continue to pay rent...till any project is RTM.

            2 crore is a Huge amount and you should be very careful with it.

            Many permutation and combination are possible with it.

            If you are willing to go to sector 137...you can even have a look at plot options in greater noida pari chowk region..which is further 10 mins away on expressway and RTM in all possible aspects.

            For End use point of view...the best plot options for you, in ur budget would be:

            1. Jaypee Greens noida
            2. Noida authority plot sectors which offfer smaller sizes in RTM locations

            And if these are expensive for you

            - Pari chowk Greater Noida

            These are end user friendly areas and not in some jungle where even to buy Bread you have to drive Kms in your car

            All the best

            Comment

            • #7

              #7

              Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

              Also, Shrek,

              I have been to both PRP and Hamlet sites, I am impressed with the sample flat of PRP, which is well made and the layout is great as well.

              On the other hand ATS does not have a sample flat, so the sale guy took me to the construction site on the 1st floor of tower 7 to give me an idea of the flat. But, I felt that the size of a 2000sq ft flat was much smaller then 1950sq ft of PRP. The lobby width should have been around 21feet as per the floor plan, which was definitely not there, I do not think it was no more then 16-17 feet. Even the bedrooms I thought were appearing small, I could be wrong though? Has anyone felt the same? When i questioned the Sales guy he said, "Sir Jo saamne hai wahi hai"? Huh? I really feel next time I should be taking a roll of measuring tape with me to check for myself.

              What do you think?

              Comment

              • #8

                #8

                Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

                Bhatia jee....here is my opinion -

                1) Quality of life will be 1000% better in "good society" for parents and kids. defination of "good" is upto you ( pls don't ask me to define good :-) else yeh conversation shuru hone se pehle he khatam ho jayegey :-)

                2) If you book 2 flats in under construction property - the advantage is you will get the flats on the same floor ( as there are choices available when project is just launched or UC) and i am sure you want the same as there is no point having parents in another tower and you in another.

                3) If possible, buy "ONLY" in low density society ( try omaxe grand woods on express way) if it fits your budget and requirement - it is one of the last low density societies in noida for MIG category and it's also RTM.

                4) Another option ( if you want and have the money ) - buy one big flat ( around 3500-4000 sqft ) - Jaypee Kalypso/pavallion might do the trick.

                sense of security, peace of mind, healthy social environment with like minded people are PRICESLESS.

                PS - Zohaib .....man don't start the fight now ....it is just my opinion :-))))

                regards
                Sbajaj

                Comment

                • #9

                  #9

                  Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

                  agreed with sbajaj,

                  independent kothi type house or a flat is a personal choice. Even if somebody pay me the rent to live in his kothi I wont.....Each persons personal circumstances are different and decision is accordingly taken.

                  Only large business families shall continue to like living in kothis for another few decades..Rest all dink, disk type families alays prefer apartments and % of such people in coming years especially in NCR shall increase..

                  Comment

                  • #10

                    #10

                    Re : Purvanchal Royal Park Vs ATS One Hamlet, Noida

                    Originally posted by zohaib2012 View Post
                    Honest Opinion:

                    Noida expressway flat prices were ok till about 8-10 monhs.

                    and that was the time to enter and buy .....even today..anyone with a budget of 70-80 lakhs buying here is fine.

                    2 crores in Flat project....really not recommended...

                    Its better to invest this money somewhere else and come back after 2 yeears when these projects withh be RTM....

                    There is a massive inventory to be unloaded and around this region....and for sure RTM time..prices would be within easy reach.

                    Even plot rates have gone up....but anyday..its FAR BETTER to put ur money in a end user favourable olot region today...than putting 2 crores in flat project.

                    You will be blocking your 2 crores in UC property for good 2 years...
                    Had they been RTM..and seeing ur need as end user...it would have still made some sense

                    You will continue to pay rent...till any project is RTM.

                    2 crore is a Huge amount and you should be very careful with it.

                    Many permutation and combination are possible with it.

                    If you are willing to go to sector 137...you can even have a look at plot options in greater noida pari chowk region..which is further 10 mins away on expressway and RTM in all possible aspects.

                    For End use point of view...the best plot options for you, in ur budget would be:

                    1. Jaypee Greens noida
                    2. Noida authority plot sectors which offfer smaller sizes in RTM locations

                    And if these are expensive for you

                    - Pari chowk Greater Noida

                    These are end user friendly areas and not in some jungle where even to buy Bread you have to drive Kms in your car

                    All the best
                    will be surprised if heed is not paid to it

                    Comment

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