Available apartments on sale in one
of the much hyped flagship real estate project of The Adani's in Gurgaon know
as "Oyster Grande" located in Sector-102, Dwarka Expressway, Gurgaon.
Property Details:-
|
|
|
Project
|
Oyster Grande
|
Size
|
1898 sqft
|
Bedrooms
|
3 BHK
|
Booking Price per sqft
(BSP)
|
Rs 5495 per sqft
|
Selling Price
|
Rs 5300 per sqft
|
Money Paid to Builder
|
68 Lakhs
|
Floor
|
1st
|
Total Floors
|
19
|
Project to be
completed as per Company
|
Oct-15
|
Project to be
completed as per actual assessment
|
Dec-17
|
Why
this property is Distress Sale?
As
it can be recalled that Adani & M2K launched this premium project at Rs
5495 sqft in October 2012. Thereafter Adani & M2K kept on increasing the
price of the project whereas the overall real estate scenario slid in negative
zone. Company kept on demanding money from the apartment owners as per the
schedule.
Now
most of the owners, who just invested in Adani's & M2K maiden Gurgaon's
real estate venture as investors and till now have invested more than 60% now
of the BSP of apartment. Many of the owners have taken loan on their apartment
and have been paying hefty installments of their loan amount. The burden of the
investment and loan installments have pushed many of the owners to succumb to
the downward trend of real estate market.
Why
to buy this Adani's Oyster Grande Apartment?
For
those who want to buy an apartment as an end user can definitely buy this
property as clearly it is coming at much lower price than that the property was
booked at. Besides this construction is being carried on and the buyer while
buying the property now will be saving the interest that he would have paid by
now if he had booked the property in Original Launch i.e October 2012.
Author of this article is a real estate consultant and manages a leading real estate portal www.easyghar.com. Author can be contacted at +91-9899740003 or pankaj@easyghar.com
