Hi All,

I am living in US and want to know about Amrapali Sapphire Phase II project which is in sector 45 Noida. I have heard that the phase-I of this project is sold out and the phase II has already 90% sold. Has anyone booked anything there ? If yes please share your thoughts. I am planning to buy a 3bhk (3b3T-1640 Sq Ft) and want to get some reviews from you experts. I am interested in this project because i think the sector 45 location is very nice, please correct me if i am wrong. I can not personally visit the site so your feedback is very important to me.

How is the quality of work of Amrapali projectcs? has anyone had any personal experience with them? How safe is it to invest in this project?

Any feedback is greatly appreciated.

Thanks,
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  • Originally Posted by VIKS1710
    Ankur, PAN for Sapphire is AAHCA6215D. Go to this link https://onlineservices.tin.egov-nsdl.com/etaxnew/PopServlet?rKey=-772187884 and deposit 1% of the demand amount for all payments made after 1st June'2013. Get the online Challan and issue the same to Amrapali. They will then adjust the outstanding.
    You dont have to Pay any fine..just ensure that you put the current date in the online form where it asks you Date of TDS Deduction.



    Thank you sir. Shall do as advised. regards ankur:):):)
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  • guys whats the current price for phase 1 towers?
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  • dear ashman sahab,

    sapphire is a big project.

    resale rates are variable.

    if you are getting village facing higher floor units you can get for lesser price.

    rates on lower floor park facing units are high and also depends who is the seller whether it is end user or investor.

    if you want to buy ,buy a good unit and it will be worth.

    if you are a seller , than wait till the project is completed b coz amrapali is giving its best shot here.location is the recipe of this project.
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  • I will be end user.. with 70L budget for 3bhk for a good unit. Just doing RnD as of now. Do you think at this price something good will be available here in first phase? I want almost RTM
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  • dear ashman ,

    i think , it will be difficult but you can try for some desperate seller.

    my sincere advise , do not compromise on a good unit b coz it will be great discomfort later on.
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  • Originally Posted by ashmaan
    I will be end user.. with 70L budget for 3bhk for a good unit. Just doing RnD as of now. Do you think at this price something good will be available here in first phase? I want almost RTM


    If you are an end user today when every tdh has stretched himself to become an investor, just have patience, game has just started now. Don't fall for investor-broker trap, they will keep crying hoarse. There is a long way to go and many will come on streets, you will find many desperate sellers in future.
    You will surely get your price, just keep patience for few months more.

    Sent from my A210 using Tapatalk HD
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  • This quote reminds me of year 2009...., I left DLF IKON at Gurgaon at a price point of 4500/- sq ft with an anticipation that prices will further come down...., and you can cross check the pricing at 99 acres for that project...,

    anyway's an end-user should just look at a good unit within a price band.., (100-200 sq ft price diff should not be considered for a unit joe gharwalon koe pasand aa jaye... ) any price movement for end-users is on paper only.........

    and investors pls hold till the elections of few major states are over..., time it in between the state and general elections, one will have better ROI, irrespective of the price points....


    Originally Posted by ashish18
    If you are an end user today when every tdh has stretched himself to become an investor, just have patience, game has just started now. Don't fall for investor-broker trap, they will keep crying hoarse. There is a long way to go and many will come on streets, you will find many desperate sellers in future.
    You will surely get your price, just keep patience for few months more.

    Sent from my A210 using Tapatalk HD
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  • Apart from phase 1 , the towers X,Y,Z and W has been coloured from outside. What impression are they trying to give. It is heard that W tower is full of bureaucrats. Is this the reason for faster progress ??
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  • hello KUMAR SAHAB,

    beurecrats are there all over in phase -2.

    they are probably doing that b coz they said that possession will be offered in dec in phase 2.

    regarding towers wxyz being done , the reason is ,this area of phase 2 can be lived inspite of construction going on in the inside.

    looks like that is the plan, i have a feeling that phase 2 will be coming out well planned and systematically by rectifying the mistakes of phase 1.

    what i am trying to say is they are better planned in phase 1, otherwise both the phases will be hopefully good.

    aur waise bhi baad main milna is better b coz it will be more liveble by than.

    do you have any latest pictures buddy.
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  • Good observation raibahadurji. I also feel that they may rectify the mistakes of Phase-1 in phase-2. I personally visited phase -1 tower B recently where people have started living. The staircase and lift lobby is pathetic and too cramped. It gives a nauseatic feeling. The balcony is so small in all 3 BHK flats that you can use it only for either standing or for drying clothes. Very very small. The drawing(living) room in 1390 3BHK is too small. Difficult to manage stting as well as dining space. Tower B is mostly PSUs and people living there are retired from job.

    But I doubt they will give possession of WXYZ towers in December 2013. Next year diwali may be a possibility. Coulouring from outside doesnot mean completion. Flooring, internal wiring, fittings and fixtures take hell lot of time.

    Can anybody give the internal progress of these towers WXYZ ?
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  • Originally Posted by dabbu73
    This quote reminds me of year 2009...., I left DLF IKON at Gurgaon at a price point of 4500/- sq ft with an anticipation that prices will further come down...., and you can cross check the pricing at 99 acres for that project...,

    anyway's an end-user should just look at a good unit within a price band.., (100-200 sq ft price diff should not be considered for a unit joe gharwalon koe pasand aa jaye... ) any price movement for end-users is on paper only.........

    and investors pls hold till the elections of few major states are over..., time it in between the state and general elections, one will have better ROI, irrespective of the price points....


    Please check the prices after 5 years indexed to inflation.

    Sent from my A210 using Tapatalk HD
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  • i didn't like the height of stairs, it was touching my head.
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  • I am really weak at the inflation indexes etc..., but the present price band out there is 13K to 14.5 k per sq ft...., that means minimum 3X multiple in 5 years or rather more than 50% CAGR...

    Originally Posted by ashish18
    Please check the prices after 5 years indexed to inflation.

    Sent from my A210 using Tapatalk HD
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  • Originally Posted by dabbu73
    I am really weak at the inflation indexes etc..., but the present price band out there is 13K to 14.5 k per sq ft...., that means minimum 3X multiple in 5 years or rather more than 50% CAGR...


    Hmm.. weak at ??

    3x in 5 years doesn't mean 50% CAGR, it means 25% CAGR using your price band of 13-14.5K psf, At real transaction prices of 10-11K, the CAGR will come down much further.
    Anyway you are taking trough to peak values - so you are getting this handsome 25% CAGR. Add next 5 years and it will come down to 15-16% CAGR, When you are talking of values from trough. Calculate the figures for someone like you who bought it in 2011 or 2012 ? you are going to have much much diminished returns.
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  • Hi All,

    Glad to see this discussion in depth regarding Amrapali Sapphire.

    I am an end user of V-402 and would like to know if there is any expected date of last 10% demand being raised.
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