Monday, September 6, 2010

Welcome September

Wow!! I got back from the Eden Heights site and I have to admit that i was pleasantly surprised with the way the structures have come up... here are some updates

GOOD STUFF--Brick work going on at all the towers( Tower A - 4bhk ...looks like most of the brick work is done - in other towers the brick work is ranging from 4th floor to the top floor)

CONFUSED ABOUT--. I am still a little confused of the layout of the club house. The gentleman on the site mentioned that the layout model was the most updated but i am not sure....something i will confirm with GPL folks and update here.

CLARITY NEEDED-- . Still no clarity around how GPL plans to use the place where the sample flat is located...i am hearing mixed stuff sometimes i hear its reserved for a couple of very exclusive bunglows. I am also hearing that there could be another mint like tower and i am also hear that there is no plan for that land..it'll be empty. (i like the 1st and the 3rd option - no more mint tower)

4. MATTER OF FACT -- The approach is still from badshahpur village which sticks out like a sore thumb...and i didn't see any work on the SOUTHERN PERIPHERY ROAD...(i don't mean to say there was no work going towards the construction of the road...what i mean is that it not visible from the approach to GPL..)

5. CLARITY NEEDED --- In the scale model of GPL EDEN HEIGHTS shows a 24 meter wide road out side the complex...but what confuses me is that TULIP has apartments coming on both sides of the existing road a few 100 meters prior to GPL and if you drive past the two buildings of Tulip across the current road - you'll wonder how can a 24 meter road be built there...SO THIS IS SOMETHING WE NEED TO FIGURE....

There are still a rare few apartments available from the builder in 2150sqft but all 2,4 and 2190 are sold out. The resale for 2150 is 3200 and 2190 3400 - the word is that the builder plans to jack up the rates further...which should not be surprizing considering the rates in the neighborhood..

hope y'all are doing well.. thanks for keeping the forum very active and informative!!

Thursday, June 17, 2010

June 10 - Eden Heights progress report

Hi ya'll - its been a while. And a lot has happened since my last post and the blog adorns a new look too. Some may like some may not...so pls leave your comments!!!

First off, thanks for all the folks who contacted me via email or by phone and complimented on this blog..your compliments are much appreciated and I am very happy to hear that what we have been able to create with this blog is a genuine community of end users at eden heights. I also got a chance to speak with several of you expressing interest in my own property which i didn't want to part with at this point.

Ajay , Chetan - thanks for your email last night. Well, i feel the eden heights project is doing fairly ok, yes there is delay (builder claims 4-5 months, but i feel its more like a year considering i bought in 2007 with a 3 year window to possession) none-the-less the progress is good. Some of the pointers below will help you make up your mind

The progress report

1. Southern Periphery - YAY! finally the southern periphery road has gotten a go ahead and work has been allocated so hopefully we'll see a brand new road there by mid of 2011. Mohit Bansal very accurately posted the link which i too wanted to post. http://www.indianexpress.com/news/haryana-gives-road-project-to-unitech-dlf/634308/1

2. Tower B and C are constructed till 8th floor (a little behind other towers). Tower I is at 12th floor as of today. All other building structures are completed

3. Brick work and electrical work has begun in most of the buildings.

4. The other bit of news i gather is that GPL folks have some sample designs of villas (remember they originally wanted to make villas at the entrance)which they plan to build at the entrance..I still dont have the layout plans but will try to get those. this is also good news though

5. From a payment perspective - if you were go to by the construction link plan..many folks are sitting at a 95% payment structure..i know quite a few of you have paid upwards of 12 installments and some hovering around 8-9 too. GPL folks are now going less aggressive in seeking for payments.


I haven't gotten a chance to meet with Sandeep or his dad in a long time and it's partly because i haven't tried too hard but I ABSOLUTELY will be meeting them in the next few weeks to get some more insights into the project and share with ya'll. I also plan to visit the site next weekend ( 26th june and hope to share some pics then)

BTW - a very warm welcome to the MINT TOWER users to this site. i am glad you are finding the forum useful to interact.

Lastly, since we have a lot of folks interested in GPL, i am trying to talk to GPL folks to see if folks referring this website can get some discount (this is purely in the interest of genuine users and I am not a broker and seek no benefit from this)

Thanks for your patience and keeping this forum active...QUESTIONS/COMMENTS?????

Vik..

Thursday, April 15, 2010

Aggressive Payment plan, delay in schedule, flats for sale

Friends I apologize for no update in a while...i have been out a lot and tehrefore not getting a chance to vist the site nor the builder. So i am hearing a few things

a. Aggressive payment plans -- what the builder is doing is sending letters based on per tower completion of work per tower and if you visit the site you'll notice that some towers are moving very aggressively compared to others

2. Delay - I visited the site about a month back..work is going well but i am concerned about the delay in possession. Technically the possession should be oct 2010 (given that they launched the project in oct 2007)..but I am not sure we should expect it before oct 2011. i.e i am still not sure what will come up where the current show-house is...earlier it was the villas and now..??

3. Those interested in buying flats ..i know of a couple of folks who may be seling...(i am not sure yet but I may also consider too as I am looking at buying another which is ready to move in near my kids school) -- pls let me know via email if someone is interested...vix_bh@yahoo.com

4. good news is that the southern periphery road work is soon begining which will finally connect golf course extn to haldirams

Photos to come

vik

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

Sunday, October 4, 2009

Back!!! visit to the Eden heights site and pictures

hola!!! Neighbors,

Long time, no excuses for being away. Call it the FY'10 planning blues or simply being distracted with other things - including baby managements (guess you guys know I have 2 toddlers - one is 2.5 yrs and the other turning 1 next month). We'll i'll not bore you to death with my personal details so getting to the point

> Wow!! there seems to be a lot of renewed interest in real-estate market and in sec 69-70 too. there is
-- Unitec Sunbreeze (sec 69/ 2800PSFT approx)
-- Unitec Vista (sec 70/ 2750 PSFT approx)
-- Tulip Whites (sec 70 - not sure whats the rate)
-- DLF Corporte greenes - Sec 74
-- Tulip orange - Sec 69
-- The land next to eden heights is reserved for Tata housing..but their plans are not yet on the horizon

> there is a tremendous activity on the golf course extention road.
-- pioneer park
-- MGF emrald
-- IREO
-- Palm drive sec 66 is coming up really well but need about 2+ cr to get that.

ok. here are the pics

Tower A - 4bkh - almost done upto 3rd floor
Tower B and C - Basement raft work is going on
Tower D and E - 4th floor is under progress
Tower F and G - 4th floor is under progress
Tower H - Ground floor is under progress
Tower I - basement raft still un progress


i have tried to identify the towers so you guys see it clearly.



ONE concern I have

the gap between towers is not more than 2-3 feet..which seems so small and almost scary. I am sure the civil guys have done some research - but it looks ugly and one can jump from one balcony to another if you have one of the 2150 sqft apartments. i'll speak GPL folks and get their reasoning.

Bottomline - work is going on but not at a pace i'd have liked - nonetheless there is progess. MINT Towers are almost sold out so good thing is that GPL folk have cash flow.

What other things have you heard??...here is the latest link to the pics

http://picasaweb.google.co.in/vikrant.bhatnagar/EdenHeightsOCTOBER2009#