A spreadsheet with the calculations of the total price for various real estate properties in Gurgaon is given below. You can edit this spreadsheet if you have a google account (Click here for editing.)

If you need a user name and password to access this sheet, without having or creating a google account, please write to Qubrex@gmail.com and we will email this spreadsheet in Excel's xls format to you.

Resale prices are indicative. www.qubrex.com or 98 716 70006, 98 105 76028, 98 119 87371.

A spreadsheet with the rental rates for various real estate properties in Gurgaon is given below. You can edit this spreadsheet if you have a google account (Click here for editing.)

If you need a user name and password to access this sheet, without having or creating a google account, please write to Qubrex@gmail.com and we will email this spreadsheet in Excel's xls format to you.

For details please call Qubrex Properties www.qubrex.com at 98 716 70006, 98 105 76028, 98 119 87371.

I wanted to buy a builder floor in Ansals API developed Spanish Terrace - C2 Block Palam Vihar, Gurgaon.

Can anyone please tell me if there are any legal issues on the land purchased by Ansals? In 2005/2006 when the project was launched there were issue on this portal regarding the land not being acquired by right means and a case pending in courts.

Any inputs will be highly appreciated.

Regards,

Rahul

VIPUL FLOORS launched in Vipul World, Sohna Road

First it was Unitech that sold its Woodstock floors with private assurances that the registry of Builder Floors was going to open soon. And then, as per the script, HUDA and administration notified that the builder floors registry had opened via http://huda.nic.in/policy/policy1_13mar.pdf .

Even though since the March notification not a single registry of builder floor has happened in the state of Haryana ... not a single registry even after the passage of over 100 days since the Govt announced it with fanfare ... the gold rush for the floors has begun.

Using the Govt notification builders like BPTP (Elite Floors), Emaar MGF (Emerald Hills Floors), PAL (Neillia Floors), Era Landmarks (Divine Court Floors), and now Vipul have launched Builder Floors ... seems everyone is now launching Floors in the same compound (or near it) in which they had earlier launched apartments .... Builder floors and cheap housing is the magic mantra to get people to open their wallets wide open.

How this "recovery" of real estate has been perfectly scripted by the Govt and Builders .... even though till date not a single floor has been registered. Any ideas of what lies behind all this?

I am looking for ready to move 2 BHK options in Gurgaon in the price range of Rs 40-45L. The location should be near the corridor in Gurgaon which has local transportation available. Preferably in a gated community.

I visited Sushant Lok Phase II in Sec 57 recently, and visited some of the ready to move options available in Royale Residency by Ansals.

Under original allotment by the builder, these floors are available at decent prices.

Wanted to have feedback on this locality and if this might be a good decision. A 3 BHK (1200 sq ft) is available at 47-48L.

Any comments?

Thanks.

Your's Truly Sanjay, editor of this website, was on CNBC Awaaz on June 14, 2009 from 6-6:30 pm and 7-7:30 pm.

In addition to discussing the rising rates of property, Sanjay also answered viewers questions related to property all over India.

Click here to watch the show.

• Qubrex MD Sanjay Sharma on CNBC Awaaz June 14, 2009 Part 01
• Qubrex MD Sanjay Sharma on CNBC Awaaz June 14, 2009 Part 02
• Qubrex MD Sanjay Sharma on CNBC Awaaz June 14, 2009 Part 03
• Qubrex MD Sanjay Sharma on CNBC Awaaz June 14, 2009 Part 04
• Qubrex MD Sanjay Sharma on CNBC Awaaz June 14, 2009 Part 05

I need this information on urgent basis.

We are looking for a 2BHK apartment in Gurgaon and recently we have visited Ansal Valley View.

My Father-in-Law is a retired Ast. Commissioner of Police (Delhi)class-B rank, and we were told that we can buy a flat in BSF building as my FIL belongs to the security/armed forces.

I need to confirm it from other users. If anyone has bought any property in the same building, I wanted to know if it is legal for a civilian to buy in the same building.

Our budget is 30-40 Lakhs (with bank loan n max.white) for 2BHK, if any other option is available in this range then do let us know. I am tempted in BSF Towers due to the large flat size of aprox.1200 sq.ft.

Need your suggestions ASAP.

Recently I have brought an under construction flat in resale.

While going through the transfer set, there is mention of IRREVOCABLE LETTER OF AUTHORITY to be signed by the seller.

My broker and couple of others are not seem to be aware any such documents. Please mail me at shoyi AT hotmail.com, if you have a copy of such documents.

Thanks.

by Unregistered Visitors on Sun Jun 14, 2009 at 01:36:53 AM EST

There is no limit to foolishness! None of Gurgaon's flats at current rates provide any value for money!

For investors, it was a good time until 2006. For end users, buying these so called luxury or budget projects will end up as a life time of liability.  

At my 3 BHK apartment in Dwarka, which I had purchased in 2004 for around 28 lacs, I have already ran up huge bills in maintaining "live-able" conditions. Apart from flying doors and windows, we also enjoy water falls from other flats as well from the numerous drainage pipes that have been laid out in each balcony.  

The RWA are a bunch of lobbyists and crooks who have appointed their "chelas" and provided contracts for various tasks like garbage collection and disposal, electrical maintenance, plumbing, cable TV etc etc.

I have been trying to sell the place but I am not able to do that due to the broker/RWA nexus. Even though I am quoting a reasonable price for the flat, which is nowhere near the astronomic 70L to 1 Crore quoted by agents, I have not been able to close a deal.

One one occasion, when I had almost reached a deal with a gentleman, I was threatened by a bunch of real-estate brokers to call it off or face dire consequences. Net-net, I completely regret my decision of buying a flat, that too in this horrible crime-filled filthy suburb they call Dwarka.

The stock price went up, the QIP was very successful, the realty market is back on track..... hold on to the last one.

Its true that the economy may not face the worst in terms of slow GDP growth but has that so suddenly changed the fortunes of all realty companies.

This company seems to have tried its luck for all fund raising.... sold its non-residential inventory i.e. the hotel and commercial building, raised cash from QIP and restructured some of its debt but it still needs thousands of crores to stay solvent (in the range of 7-8k). It has also sold lots of new bookings at so called low rates - now what?

It can either sell its huge residential stock (take a walk around nirvana country) at more acceptable rates to the end users (no investor is willing at current rates) or find some other way to generate cash.... bingo!! catch hold of retail investors who will jump at 11-12% FD returns. Well FDs are almost INSECURE. The company may have launched secured NCDs instead even at a lower rate... Look how Tata Capital raised the money...
The bet is that this money thru FDs can help them survive and then the same flats which are not getting sold today can be sold at much higher rates in 2 years to repay the paltry 11-12% to the FD holders.

Great story!!!! But not worth my money ;-)

The Mumbai-based developer has approached the Board of Approval (BoA) regarding this, which will decide on the matter on June 17. This is the second realtor after DLF Ltd, which too sought cancellation of notified SEZs. Notification is the final clearance for a SEZ, after which it starts enjoying the direct and indirect tax benefits prescribed under the SEZ Act.

K Raheja has asked for denotification of its 13 hectares IT zone based in Navi Mumbai. In addition, the company also wants to surrender about half of the 20.65 hectares of another infotech SEZ in the same area. These are the only two notified SEZs for the Mumbai-based realtor.

When contacted, K Raheja officials declined to comment.

While asking the BoA to denotify the zones, the company has blamed the lack of demand for space for IT-related zones. It also said that prospective clients have halted their expansion plans indefinitely due to the ongoing economic slowdown. Both the zones were notified in mid-2007.

The company has told the BoA that both the plots are vacant, and no construction activity has taken place. Thus, no duty or tax benefits were availed by the company.

The BoA has taken up de-notification requests of five zones till now, all belonging to DLF. While one of the Delhi-based zones has been de-notified, the BoA has given in-principle approval to scrap four other notified zones, under the condition that DLF will have to pay back all the duty benefits it availed from the government.

All these notified SEZs, which the developers have surrendered, belong to the infotech sector.

Though there are no provisions related to de-notification in the SEZ Act, the law ministry has told the commerce ministry that since the board has power to notify zones, it also can also scrap it, if developers want to exit the zones.

DLF seeks permission for building commercial space

Even as DLF got conditional approval for scrapping four infotech zones, it has asked the BoA under the commerce ministry to build 2,28,000 sq feet of commercial space, service apartments and housing for employees in four SEZs at Gurgaon, Hyderabad and Chennai, which the company is developing. All this construction activity has been proposed in the non-processing area of the zones, where supporting infrastructure for units in the processing area is built.

What is the status of the Parsvnath City Township at Dharuhera?

I have paid the entire amount and have been waiting to get possession of the plot, and why is Parsvnath not executing the sale deed in my name when i am ready to pay the stamp duty and charges.

Whenever i have called Parsvnath office, they tell me that there are some delays with the authorities and it should be done in one/two weeks.

Are there any other people who are in this situation? Any help on this will be greatly appreciated.

Thanks.

Does anybody have any clue of the status of Vipul World Commercial on Sohna Road?

M/S Vipul is maintaining a stony silence about it and the only mark of its presence is a hole in the ground.

Are there others like me - dumb investors?

Can we rally together and get some answers out of this company that claims to "Create Happiness"!!!

Thanks.

I am an IT professional working in a MNC in Gurgaon. I want to buy an individual house in Gurgaon. I have selected a house at Laxman Vihar area in Gurgaon. The area is nearby sector 4, Gurgaon. The area in under a Nagar Nigam, which is a privately held society.

Since I am going to buy this property through home loan from a bank, I am doubtful that whether this area is authorized colony or not. I have seen people can register properties of this society with this Nagar Nigam. I am able to know that banks approve and provide home loan to buyers in this area.

Am I going to make a wrong decision by buying a property from a private society?

Is there any demolition going to happen in such societies by government in future and as a result I am going to loss this property?

What should I do? Should I buy a property in a freehold and registered area and not in Laxman Vihar?

Thanks.

What is the legality of Dharam Colony, Palam Vihar Extension.?

Is this an unauthorized colony, or does HUDA have any future plan there?

How safe is it to invest in Dharam Colony?

Thanks,

I am looking for a 2BHK flat in an around Gurgaon.

Since my budget is less, I am trying for some new areas near Gurgaon.

Can anyone tell me about the Dwarkadhish project in Dharuhera? Is it worth buying there? Builders are telling that it will be completed by 2010 end.

Please advise.

Thanks

Can anyone tell me if construction of highway has started in New Palm Vihar.

• Has Huda got High Court go ahead to start construction of the highway.

• Is Huda going to demolish the houses there which block the highway.

Thanks.

I am hoping someone in this group will be able to provide some insights into the following international schools:

GD Goenka

Pathways

If you can share your experiences about these schools that would be great. Here are a few things that you can write about that will help us decide:

a. Teachers at the school

b. Implementation of the PYP program - both my kids are in pyp.

c. Extra curricular activities - how do you like the program wrt this?

d. Commute from Gurgaon

e. Parents involvement in the program and school policies

f. Interaction with school management

g. Interaction with other parents in the school

h. How are the kids liking it?

I really appreciate if you can answer these queries.

Thanks

Are there owners of BPTP Freedom Parklife in Gurgaon who have taken possession in Towers G,H and J?

I am planning to shift myself and wanted some inputs and answers to some questions.

Please contact me at somesh.chandra@gmail.com

Thanks.

What happens when members discuss issues on Gurgaon's Top Community Portal - GurgaonScoop.com?? Things move !!

Thanks to one of our readers for bringing to our attention that the comments posted by a member of GurgaonScoop.com had made it to the cover story in Businessworld. The story was "Rise & Fall of Realty" and can be found here "Businessworld.in - Rise & Fall of Realty" (Quote on page 3)

The original articles posted by GurgaonScoop.com member are here

• Calling Aggrieved Customers in Raheja Atlantis of Super-Delayed Towers A & B
• Calling Aggrieved Customers in Raheja Atlantis of Super-Delayed Towers A & B

The real estate sector is amongst the largest revenue generators .... yet, it is the most unregulated sector as far as the customer is concerned. Funds raised for a particular project are diverted to complete other projects or square a maturing loan. Delivery schedules are seldom met and there is no way errant builders can be penalized.

The article on which the comments were quoted ...

The page on which the comments appeared ....

And here are the comments of Mr Garg ....