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Should I Buy In TDI Kundli a 3 BHK in D block? | 6 comments (6 topical, 0 hidden)
Status of Kundli (none / 0) (#3)
by PS on Tue May 20, 2008 at 12:12:14 PM EST
I visited Kundli on Sunday (11, May, 2008) to check the progress of construction on the site of Tulip Grand where I have flats. I met 4 dealers on the way back to Delhi.

Following are my observations:

  1. TDI (builder) has jacked the prices with the help of some well known dealers to around 20K psy for plots in A, B, C blocks but as per dealers very few deals are happening at that price.

  2. There are no buyers for most of the flats. Flats in Ansals sunshine country are selling at a premium of Rs. 50K to 1 lakh for Rs 1350 psf bookings.

  3. Construction of two IT parks by DLF and Anant Raj is progressing at fast pace at around 1.5 KM away from TDI. So that may be a positive in next 2-3 years.

  4. Construction of Ansal plaza (mall) at the proposed crossing of KMP expressway and National highway is at advanced stage. Looks like project will be ready for handover within 2008 itself.

  5. Work on KMP expressway is on standstill. There is no progress since my last 2 visits in August, 2007 and January, 2008.

  6. Although flats are being constructed at fast speed there is no sign of infrastructure like sewer network, electric grid etc. Further there is no public transport to various places in Delhi from Kundli as on today.

The area as it stands today is not good enough from the point of view of the end users of a flat. Though speculators can make some money in plots but that too is not going to be easy.



which is the best investment? (none / 0) (#5)
by Unregistered Visitors on Sat Jun 14, 2008 at 10:26:32 AM EST
What do you think would be the best opportunity to invest in sonepat or kundli as on today.

Thanks

Kunal


[ Parent ]


TDI - Kundli (none / 0) (#4)
by sush on Fri May 23, 2008 at 03:10:20 AM EST
Thanks for the update. It's been a while i visited Kundli - Your info is really helpful.

Just to add - only 2 weeks back one of my friend sold 2 plots in Kundli via some dealer in CP. The prices he got was -

A Block - 20,200 per sqyard - size 500 sqyd
F Block - 15,125 per sqyard - size 250 sqyd

I don't know what has changed in Kundli but prices are going up steadily ( It has already gone up by 50% in the last 4 months).

And only today i saw an entry on magicbrick.com where one "DOUGHNUT" is asking Rs.21,500 per sqyard for a 250 sqyrad plot in F block.

:-)))  ... what can i say

Regards
Sush


[ Parent ]



Should I Buy In TDI Kundli a 3 BHK in D block? | 6 comments (6 topical, 0 hidden)
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