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can anybody tell me about tdi city kundli project


By nsc, Section Member Diaries
Posted on Fri Aug 18, 2006 at 12:02:40 PM EST

Hi, I am Harjeet , I want to know is it the right time to sell a property in TDI CITY KUNDLI
I am having a 350 sq.yds corner plot & on 18 mt. wide road in J-Block.

As, I came to know that the company is planning to give possession to A,B,C block in OCT 2006.

MY TEL:9212165697

< Gold Souk Road leading upto Sector-56 | Functioning of guest-houses in residential multi-story complexes >

BEWARE- CRASH IN PROPERTY PRICES IN NCR (New Farid (none / 0) (#15)
by Unregistered Visitors on Tue Sep 11, 2007 at 02:58:13 AM EST

BEWARE- CRASH IN PROPERTY PRICES IN NCR (New Faridabad- Nehar Par & Kundli)
Property prices in nearly all areas have shown a downward trend. It has literally crashed in areas with no infrastructure even if they lie in the NCR. Let us compare the two areas in NCR which showed great promise till quite recent times.

New Faridabad (Nehar Par) - Even after the passage of nearly two years after it was launched there is hardly any worthwhile construction going on here. Only the flats of BPTP have commenced construction. All of the rest are sitting pretty on the booking deposits of the hapless customers. Some of the builders such as Triveni, PAL etc. have earned, correctly or not, a reputation of being complete fraudsters. Only BPTP could get the license to sell plots. Rest all such as Triveni, PAL, DD are shamelessly sitting on the booking deposits with no prospects of any plots.
Fall in flat rates-
1.    Resale premium of Rs.50-100 psf (per sq feet), down from the high of Rs400-500 psf, on average booking price of Rs.1400 ( reputed builders ie BPTP, Omaxe, RPS etc).
2.    Discount! Of Rs.50-100 psf on dubious builders i.e. Triveni, PAL etc.
Most of the other flats are selling at rate-to-rate prices.
A fall of 20% in plot rates-
Rates of plots in BPTP have crashed the Rs.10000/ per sq yd barrier. They are now available for Rs9800-9900 psy (per sq yard) in some locations. This is down Rs2000/ psy from the high of Rs.12000/ psy in the beginning.

Kundli- this was touted the next Gurgaon. Many reputed builders planned townships there. Ansals, Omaxe, Parsvnath, TDI and lesser ones such as Mapsko, AJS etc have all their presence there. Though construction is going on but the rates have literally crashed here. In TDI after having touched a peak of Rs12000 psy in case of earlier allotments (allotment rate-Rs.7750), the plots in group J,K,L etc. are up for sale at  around Rs7000 psy (discounts of Rs500-700 psf). Possession of plots in the groups A,B,C,D were planned for mid 2006 but have not been given till now. Rates are down more than 30% from their peak.
Same is the case in other builders:
Ansals- Rs10000-12000 psy
Omaxe- Rs7500-9000 psy
Mapsko- Rs.6500-7500 psy
AJS - no rate! No buyers!
The KMP expressway is primarily meant for the trucks. Since there is no other infrastructure in Kundli, it not going to benefit the housing sector much. No one in his right mind is going to drive 60 kms to Manesar and then 15 kms to reach Gurgaon on this paid expressway. Only new industrial units are going to benefit in the initial stages.
All these rates have been confirmed first hand. Initially the dealers with try to fool you, as usual, by quoting higher rates. You only have to bargain hard for some time to get to the real rates.
All the heavenly dreams shown to the buyers have proved to be false. All the financers have fled the area after earning huge initial profits. These rates are bound to come down by 15-30% quite soon.



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Flat in TDI Kundli (none / 0) (#6)
by Unregistered Visitors on Tue Dec 26, 2006 at 06:07:54 PM EST

Hello

I am planning to buy a 180 sq.yards flat(3BHK) in TDI Kundli ,the quoted price is 32 lacs to be paid in installments . Please give me an idea whether the price is genuine and whether TDI has a valid license from the Haryana Government?



[ Reply to This ]


TDI has valid license (none / 0) (#7)
by Unregistered Visitors on Wed Dec 27, 2006 at 01:40:59 PM EST

You can check that at their office in Delhi.They already alloted plots and now next is flats.


[ Parent | Reply to This ]




Tdi kundli (none / 0) (#5)
by Unregistered Visitors on Wed Oct 04, 2006 at 07:06:19 AM EST

Short term prospectus have satrted looking up after initial slow down by company. Long term prospects for the whole region are very positive. Advised to hold on till2010


[ Reply to This ]



I think it is the time to sell (none / 0) (#1)
by Unregistered Visitors on Sun Aug 20, 2006 at 02:27:28 PM EST

your investments in Kundli and Greater Faridabad, if you are short term investor.

If you can hold on to your investments for 3 or more years and have money to pay all the installments during those years then it is a different story. I believe long term investors are going to make good money in these investments.



[ Reply to This ]


Current Rates (none / 0) (#2)
by Unregistered Visitors on Tue Aug 22, 2006 at 07:44:25 PM EST

Do any body know what's the current rates for TDI Kundli?


[ Parent | Reply to This ]


Current Rates (none / 0) (#3)
by Unregistered Visitors on Wed Aug 30, 2006 at 12:34:40 PM EST

Current premium for 7750 booking is around Rs. 2000-2500 ..



[ Parent | Reply to This ]





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