I heard IndiaBull is launching project in sec104 at approx 4000.
Is this rate justified looking at this sector location.
There is no commercial belt planned in this sector.
There is no public utility belt planned in this sector.
Moreover, there is railway track just touching the back of this sector.
Guys, share your thoughts on this....
I am sure some of u guys whould be talking to the broker on this projects... have someone analyzed the location of this project and its rate's justification.
Builder is good but price is bit on higher side .if you see then ATS ,Godrej and some other renowned builders are coming to sec 104.I think sec 104 is at good location its on DEW also nearer to GGN as compared to sec109.
If this is the same mumbai based Indiabulls company, then it is recommended that you read the horror stories about it from its huge projects in Mumbai and nearby areas.
And dont get fooled by "high risks and high rewards" theory because in case of Indiabulls "High Risk" is for the buyer and all the "rewards" are for the indiabulls campany.
Probably a visit to the mumbai forum on IREF will help many people in knowing how the sales, legal and customer care of this company behaves. Make an informed decision.