Thursday, November 26, 2009

1500 and 2190 going for 3000 PSFT

greetings for the year ending season!!!

The good news is that there is sudden uptick in demand and the new sectors are seeing it too. Let me focus on Eden Heights progress

1. Flats sized 1500 and 2190 are now being sold for 3000 psft (YAY!! finally some reason to cheer).
2. Flat 2150 - is being offered at 2800 psft.
3. Launch of penthouses on the top-floor- the design work is not finalized yet but the size is going to be a ballpark 3500Sqft and these apartments will be priced differently.
4. Possession is expected before the close of 2011 (delayed --- 2 more years..a little disappointing considering that i made the booking in Nov 07 - 4 YEARSS as opposed to promised 3 years at the time of booking...while this is expected in India but I hope its no longer than that!!)
5. I visited the site a few weeks back and the quality of work being done seems good - which is encouraging.

I am still n ot sure of what GPL groups strategy is with the land they had initially kept for villas - I wont be surprized that if market is upbeat then we might seem those villas being offered.

Hope you guys have a great rest of the year.

Vik