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Reviews & Opinions of " BPTP The Resort, Faridabad "

Query and Opinions Archives of year 2008 Posted on Indiaspaces.com.

bullets reg Resort construction update (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Brijendra Trivedi
Russia , 12/14/2008
Query: Dear Jitendra ,Pls give some construction update of BPTP resorts project.
Reply: i dont have an update. Let me find out.
bullets BPTP (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : SUNIL BASRA
U.S.A , 12/12/2008
Query: Please advise if bptp plot or princess park flat is better choise. How much is the cost for both types, and what is the procedurte to buy thru you. thanks
Reply: buy somethinng you could enduse or use bank leverage. For procedures someone would call from our office.
bullets Cancellation possible? (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Abhishek Jain
India , 12/10/2008
Query: Hi, I booked a flat in this project in August 08 before the news of real estate going down came. I paid 6 lakhs as booking amount. I applied for a home loan from HDFC and it was approved. Now the documentation was under process and when I checked with HDFC and BPTP on the status, I came to know that HDFC has held the disbursement of loan to BPTP temporarily. It seems that it is on account of current market situation and liquidity crisis. I am not sure what should I do. If HDFC releases the loan, and BPTP is not able to complete the project, I will end up paying EMIs but nothing in hand. Is it possible to cancel the booking now and get the 6 lakhs back?
Reply: I dont think cancellation is a possibility. There is no harm, you can still talk to bpt. why did you take so long for disbursement from bank even otherwise. It does not take 4 months for loan disbursements, till few weeks back my client received disbursement from bank (HDFC itself). bank problem also should resolve soon.
bullets Queries regarding BPTP Parklands Resorts,Fbd (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Prince Harjai
India , 11/20/2008
Query: Hi, I have bought a 2BHK flat in Bptp resort. 1) Is there any appreciation in price after a year? 2) Where do you real estate industry now, since i have read it in newspaper articles and also on internet that real estates will be hitting the bottom lowest prices in the coming years and will see more than 50% depreciation in prices.Kindly provide your thoughts as we have put our blood and sweat in buying properties and news like these worry us to the core! Will appreciate your answer. Thanks Prince
Reply: there is no appreciation so far. Infact company itself has not revised price list till date. As regards fall, it happens generally where there has been a steep rise like bptp plots or omaxe heights flats. In case of others, liquidity could be an issue but i dont foresee a fall unless someone is upto panic selling.
bullets na (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Satya Sisodia
Canada , 8/21/2008
Query: Hi! Could you please advice me about the prospects of booking in The Resort. I am looking for an investment for about 36 months minimum. Do you see good appreciation possibility this project could fetch on possession? In fact, I am little apprehensive since I herad that property is cooling in India due to bank interest rates going up and DDA coming up with some more convenient optionswhich might pull the prices down by atleast 10%. Your opinion and advice will definitely clear the confusion.
Reply: No. of DDA units are very limited and not everyone has an access to it. Market may slow donw partly but where prices are relatively low i dont see much concern. go for a bptp floor or resale like princess park.
bullets na (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Aman S
U.S.A , 8/18/2008
Query: Your comments are always a big help for investors. Could you please suggest whether BPTP The Resort is good enough to invest in. What stage is the project in? what is the tentative timeline for possession? Your help is surely appreciated.
Reply: grandeura is better than this. Resort possession would take 30-36 months. It is at initial stage only.
bullets Home Loan Rates (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Atul Gupta
U.S.A , 7/19/2008
Query: Hi Jeetu, If I book a flat in BPTP Resorts then EMI will start after 2 years but what about the inetrest rate on the home loan taken from bank at the time of booking? Will it be the interest Rate prevaling after 2 years or interest rate at the time of booking and getting home loan.
Reply: interest rates are floating and keep revising quarterly. Presently you are not liable for emi or interest. it matters only post possession which would be the interest rate prevailing then. You can forclose the loan if not keen to continue loan.
bullets Price (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : harnoor channi
India , 6/24/2008
Query: Hi....what price are you offering for 1500sqft flats in BPTP Resort?
Reply: 2250 less 3 percent.
bullets Query (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Harshvir Singh
United Kingdom , 5/27/2008
Query: Thanks for the prompt reply. Actually I wanted to know the appreciation in the rate of the unit. Currently the basic sale price is 2250, so what is the appreciation in the rate one can expect after two years in if a person books that in finance option.
Reply: expected 2800-3000 psf.
bullets Query (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Rohit Sethi
India , 5/25/2008
Query: Hi, There are few queries: firstly, If i go for a 1875 sq ft house in resort now, will the EMI after 2 years will be effective from the current date or 2 years from the date it was launched?Secondly, which is better & cost effective- RPS Savana(2 years no EMI) or Resort or Jade?
Reply: between the two rps savana looks better. Resort has better specs though and bptp is working hard on pushing all premium projects to sec 75. But on as is to whereis basis rps looks better. If finance scheme is not a consideration bptp grandeura looks better.
bullets want to buy flat (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Suhayl Hasan
India , 5/12/2008
Query: Is The Resort, BPTP approved by Faridabad authoritie Is the land under full possession of BPTP and no litigiation is going on Why BPTP is asking buyers to sign indemnity bond alongwith sale deed
Reply: everything safe and legal else bank like hdfc would not have tied up. There is no sale deed at this point but what you could be talking about is builder buyer agreement. Indemnity bond is part of their documentation and frankly i see no concern areas in the same.
bullets where to buy (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : amit saxena
India , 3/24/2008
Query: hi, I am confused which is a better location for end user - Gurgaon or Faridabad. How is Bhiwadi from investment point of view(long term) like Piyush, M-Tech.
Reply: i am not bullish about either names you have zeroed down for bhiwadi. Both faridabad and gurgaon are equally good options. choice has depend on your work place and preferences.
bullets Last Date of the Project (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Ram Dulare Kashyap
India , 2/12/2008
Query: I wanted to know the last date of the project for 2 BHK set
Reply: booking is still on. there is no last day. once sold out, it is over.
bullets Investment Purpose (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Ashish Kumar
India , 2/4/2008
Query: Today i heard about some project where in one have to pay 10% booking amount the the property and rest in emis starting from the time of possession on radio. It seems a good property investment thing to me which can be planned as Propsal 3 BR Flat - 40 Lakh 10% booking amount - 4 Lakh Likely possession - after 3 yrs Expected price after considering the site is on NH24 (the Hapur stretch from Delhi), Delhi metro station is planned in front of project, lots of development are going on the same highway including Crossing Republic City, Indrapuram 2 - Atleast 60 Lakhs Finances 4 Lakh @ 16 % for 3 yrs - EMI around 12-13 Thousand Profit If one sells the Flat after possession, then too he/she can easily book a profit of 10 Lakh+ within 3-4 yrs. What is your take on this ? Anyone invested/experienced in such schemes around or outside delhi ? Cheers
Reply: Scheme is good from ROI purposes but why go so far. Better to buy in a city where liquidity is easy. BPTP resort faridabad is same scheme. I recommend that instead.
bullets flat (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : arun anand
India , 1/24/2008
Query: How do project compare with other projects at faridabad
Reply: good for those who are looking for an investment in 2 year scenario with limited investment say 4-5 lacs as it has a spl scheme of no emi or interest for next 2 years. This is a unique scheme so far so does not compare with other projects.
bullets KLG Greens (BPTP The Resort, Faridabad)    Contact for More Details   See More Projects
Posted by : Mohit Mathur
Other , 1/20/2008
Query: Hi Jitender, How is the KLG Greens Project at Faridabad, they are offering at 1800psf. What is your opinion about the builder and project? Would you please suggest other builders offering project appx at same price?
Reply: Not handling KLJ. Not even much track record either. In resale triveni galaxy at 1400 psf is the lowest bet. Or rather conmsider bptp resort which is though ta 2250 but you pay only 15 percent and then for next 2 years no emi or interest.