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3C LP (Panache) Prices Crashing !!

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3C LP (Panache) Prices Crashing !!

Last updated: July 16 2013
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  • 3C LP (Panache) Prices Crashing !!

    Is 3Cs losing its sheen? I got a call from a broker who was quoting Rs. 200 less for the same appartment which he was quoting 2 weeks ago. Earlier he was quoting 5,100 for a flat in Panache Island b/w 6 - 11 floor, now for the same flat he is saying can get the deal around 4900....is it true?
    The reason quoted by the broker was that people have started realising that 4,000 flats living in Panache would be too congested so are moving out and the investors are also liquidating.

    Thoughts?
  • #2

    #2

    Re : 3C LP (Panache) Prices Crashing !!

    Devil uncle , you have given a ray of hope to many people. Just need to wait and let the crash come in full swing. 200 Rs crash each week would mean after 25 weeks we can have it cheaper by 5000 Rs meaning people will give it away for free. Good idea and kudos for the excellent topic chosen. LIVE INDIA News channel will be happy to broadcast such news - panache crashing !

    Comment

    • #3

      #3

      Re : 3C LP (Panache) Prices Crashing !!

      Smanium, going by your logic, during the 26th week 3Cs will be paying you 200psf to buy their property

      200 Rs crash each week would mean after 25 weeks we can have it cheaper by 5000 Rs meaning people will give it away for free.

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      • #4

        #4

        Re : 3C LP (Panache) Prices Crashing !!

        Ha ha...let's wait few weeks more then !

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        • #5

          #5

          Re : 3C LP (Panache) Prices Crashing !!

          These are temporary changes and any seller needing money immediately might lower by 200 Rs but 200 RS LOWER DOES NOT MEAN CRASH OR 3C LOOSING ITS SHEEN !

          Even lotus 300 is down but these are temporary phases.

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          • #6

            #6

            Re : 3C LP (Panache) Prices Crashing !!

            Yeah I waiting too... since I backed out of paras deal due to negative sentiments in the market. I believe at least next 2 months rates are not gonna increase rather we could see some decrease.
            Thanks

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            • #7

              #7

              Re : 3C LP (Panache) Prices Crashing !!

              Originally posted by Smanium View Post
              These are temporary changes and any seller needing money immediately might lower by 200 Rs but 200 RS LOWER DOES NOT MEAN CRASH OR 3C LOOSING ITS SHEEN !

              Even lotus 300 is down but these are temporary phases.
              What is the resale rate in lotus 300?

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              • #8

                #8

                Re : 3C LP (Panache) Prices Crashing !!

                I am also curious to know....
                If thou wilt make a happy man, add not unto his riches but take away from his desires

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                • #9

                  #9

                  Re : 3C LP (Panache) Prices Crashing !!

                  Since demand is low and very few transactions happening I can't say precisely but I heard premium came down drastically for small sizes . I think it is a great product and will appreciate well closer to possession. At present it seems people are preferring Ats or Prateek rather than lotus 300 but it will also pickup soon as luxury flats are in demand in Noida

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                  • #10

                    #10

                    Re : 3C LP (Panache) Prices Crashing !!

                    People booked at below 3000 in Panache. If they exit at 4900; will you say its prices are crashing? If one starts getting any flat in Panache at 4500; it means prices are going down. Few transactions don't mean that overall project is loosing its shine. Investors who wish to shift their investments from one to better will sell at below market prices; yeh toh chalta rehta hai; and buyer in this case should find lucky to close such deals. BTW, the offered unit is in Phase 1?

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