This project was sold as Pre Launch at the rate of 8000 per square yard 5 years back, and ATS has a mega city project there which has been delayed for many reasons.
I have been told that now ATS is coming up with a Hotel there. However I was thinking if there are other co investprs who have invested there and as to what they think of the future of the location (Derabassi) and how is the Punjab market doing.
what will be the realistoc prices for resale when launched etc.
I have heard they are planning to launch this around Diwali.
No idea about rates etc. post-launch and I think no point in thinking about it since a launch has been promised many, many, many times in recent years. This time was slightly different since all investors were sent in a letter about the progress on the project, but the proof is in the pudding.
In general, I haven't heard great things about Dera Bassi - but I have little first-hand knowledge about the Punjab market (have first-hand knowledge about ATS, though)
I belive Villa's have been launched at 125 Lacs (One Crore 25 Lacs)
Plot cost needs to be worked backwords from it
Contact there marketing office for more details
It is good to see the activity on the project :-)