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New Projects - Pre-launch / Soft Launch
April 19 2011 , 12:38 AM   #1
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New Projects - Pre-launch / Soft Launch

Hi All,

I am looking to buy a flat in gurgaon for my personal use. Please suggest some good options in 70 L.

Any one has info on any new launches or soft launches?
April 20 2011 , 08:51 AM   #2
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Any updates?

Guys,

Can you update about any prelaunch/softlaunch?

Thanks.
April 20 2011 , 10:32 AM   #3
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Quote:
Originally Posted by preeti_77
Hi All,

I am looking to buy a flat in gurgaon for my personal use. Please suggest some good options in 70 L.

Any one has info on any new launches or soft launches?

Preeti you can consider Emaar Palm Gardens as the best choice. It is one of the best location in good price. The project itself has good Central Greens and golf putting & chipping range.
April 22 2011 , 12:11 AM   #4
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As per my understanding, Palm Gardens is available only in resale, or is fresh booking available?

what is the resale price ?
April 22 2011 , 12:15 AM   #5
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Quote:
Originally Posted by preeti_77
As per my understanding, Palm Gardens is available only in resale, or is fresh booking available?

what is the resale price ?
Palm garden is still available in fresh booking.
April 22 2011 , 12:42 AM   #6
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What is the BSP?
April 22 2011 , 08:02 AM   #7
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palm garden SEc 83 is available in fresh booking at 4250 bsp and 4350( luxury specs) with sizes 1720/1850/1900

its palm hill Sec 77 which is avilable in resale at 3600-3700 for 1450 size. few appt of 1950 size still available in original booking...


Quote:
Originally Posted by preeti_77
As per my understanding, Palm Gardens is available only in resale, or is fresh booking available?

what is the resale price ?
April 24 2011 , 04:04 PM   #8
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Any idea which sector is this ?


Lemon Tree, Warburg to invest Rs 1,400 cr on hsg projectsPress Trust of India / New Delhi April 24, 2011, 12:26 IST

Hospitality firm Lemon Tree Hotels is foraying into real estate with plans to invest over Rs 1,400 crore to launch housing projects in India in partnership with US-based investment firm Warburg Pincus.

The Capital-based firm has formed a 51:49 joint venture -- Oceanus Real Estate Pvt Ltd -- with Warburg Pincus for the housing projects.

Besides diversification into housing, the hospitality chain has put in place a blueprint to expand in its core business within India and explore neighboring markets like Nepal and Sri Lanka. "The joint venture with Warburg Pincus will develop at least three to four affordable housing projects in Gurgaon," Lemon Tree Hotels Chairman and Managing Director Patu Keswani told PTI.

Out of a total planned investment of Rs 1,400 crore by 2015, the JV will invest Rs 700 crore while Warburg Pincus alone will put another Rs 700 crore separately, he said.

Keswani said the residential apartments would be sold under the 'Lemon Tree' brand in the range of Rs 20 lakh to Rs one crore per unit.

"We have already identified a couple of sites in Gurgaon and will begin construction soon and start selling by December this year," he said.
May 1 2011 , 10:34 PM   #9

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tinesha/All ,

Any new launches coming up ?

R u aware of the status of some rumored DLF launches in Manesar & Sector 82/84 ? Any news or just rumors or nothing on them ?

May 3 2011 , 06:57 AM   #10
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I am not aware of any new launch as of today but will update as soon I know... See below news..

Adani Realty forays into Delhi-NCR, inks JV with M2K

3 May, 2011, 02.59AM IST, Kailash Babar,ET Bureau

MUMBAI: Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi, marking Adani's foray into the Delhi-NCR.

The real estate arm of the ports-to-edible oil Adani group will develop two projects on separate parcels of land. The projects will cost 1,500 crore and both developers will share costs and revenues equally. Towards the cost of land, Adani Realty has paid 100 crore to M2K. Another 100 crore will be paid in phases.

"The land parcels are spread over 18 acres and 23 acres along the Dwarka-Manesar expressway. These are estimated to provide us 3 million square feet of saleable space," said Tarvinder Singh, chief executive officer of Adani Realty.

Singh expects to launch the projects early in 2012 and complete them in four years.

Half the inventory in the two projects will be for premium home buyers, while the rest will target middle income consumers. Several real estate firms have announced their projects along the upcoming Dwarka-Manesar expressway, which will link Manesar, a new industrial belt outside Gurgaon, to Delhi and the international airport.

"At present, the location lacks social infrastructure. But the expressway will improve connectivity to the airport; property rates will move up," said Anand Narayan, national director, Knight Frank India.
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