can you please confirm which Neemrana project by India Bulls you are referring to ?
Originally Posted by Masque
Actually different things are being told by different people. The things which I'm sure of are:
1. Indiabulls was simply waiting for Godrej launch. Once godrej officially launches in aug 1st week. Indiabulls will launch probably within 1 month.
2. Indiabulls securities and commodities is not doing good. Hence, they have asked those people to help in sales of real estate. Its is happening now also with neemrana project.
3. Real estate marketing guys would not open their mouth to public unless they have confirm info from their boses.
4. Indiabulls would surely involve brokers and underwriters.
It's a project which has been waited for very long by all investors. Hope to see breaking shackles soon.
Actually now the story will change. People will be invested in godrej. Indiabulls will come at higher price than godrej. Hence, there will be mixed sentiments in market. Earlier the sentiments were mostly favorable.
As these projects are being launched after a good gap of time and people who had made good money on DEW in last one year, this seems to be the next big oppurtunity for them as well as new investors. Hope this rise continues.
Actually IBREL property may turn out to be much better than Godrej's one for a few reasons (all already discussed in the thread though!)
1. the location of IBREL Juventus is better than Godrej Summit. Summit is surrounded by village/unauthorised colony and rail track while IBREL is on the highway (mean after the green belt)
2. The specifications for IBREL will be much better than Godrej's. Godrej summit was planned as an affordable project which inturn has been touted as "Affordable Luxury"! while IBREL Juventus has always been a luxury project more inline with enigma.
3. construction in most of the IBREL proeprties are also going on satisfactorily
While Godrej sells because of his name (and it will for sure), IBREL also has its merit on location/specs/execution.
From horses' mouth, IBREL plans to launch 8 projects till mar'13, 4 in Gurgaon including residential in Sector 104/106 and commercial in Sector 104/109....
1. IB City, Sonepat, Haryana – 150 Acres of integrated township with plotted
development, commercial and group housing
2. IB Enigma II, Sec 104, Gurgaon – Super premium residential complex with Villa’s and high rise towers spread over 34 acres
3. IB Imperial, Sec 106, Gurgaon – 54 Acres of Integrated township with high end residential apartments, villa’s, luxury retail and commercial
4. IB Commercial Centre, Sec 109, Gurgaon – Over 5 acres of commercial development on the Dwarka Expressway
5. IB Greens, Chennai – Premium residential township with high rise towers near the IT corridor spread over 32 acres
6. IB Mint, Sec 104, Gurgaon – Iconic Commercial tower on the Dwarka Expressway
7. IB Greens, Indore ‐ 15 Acres of Integrated township with high end residential apartments, retail and commercial in the heart of the city
8. IB Mega Mall, Agra & Kanpur – Destination mall/multiplex in the heart of the city
Price in softLaunch :- Rs 5600/- psft expected
InauguralDiscount in soft launch :- Rs 200/- psft
EffectiveRate :- Rs 5400/- psft
Expected formal launch price :- Rs 6000/-psft
Gain on formallaunch price :- about Rs 600/- psft (if one gets allotment in soft launchstage) ..... which is a gain of 20% on allotment stage itself
Launch (soft aswell as formal) :- Expected in next 25-30 days
LocationAdvantage :- On the front side of 150 metre wide Dwarka Expressway, in front of land parcel of Godrej / Puri / Emaarprojects. Opposite to Proposed Golf Course &Institutional/ Commercial area. Near to all proposed major amenities.
Nearbyprojects :- Emaar Palm Greens, Adani upcoming project in sector 102A,BPTP Amstoria, Ansal Highland Park, Ansal Estella (sec103), Godrej upcomingproject in Sector 104, Indiabulls Centrum Park, etc.