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Q: Hi Ranganathan_ananth, chetan.fernandes86 & prasant_saxena, ya i talked to ashok patel, he told me price of 21000 per sq yard.. I saw the price of 24.76 lacs on abodesindia.com posted by parshwanath people only. Well any one think that price is worth buying ? Any of you brought property in parshwanath atlantis park ? I fear that property construction material is under quality and possibly no specific works like anti termite treatment, waterproofing, precast tiling/asphalt road, etc

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Replies (12)
1
Lets get connected on facebook and raise our voice against the low quality product sold by the developers to us even if we had paid them full amount. - https://www.facebook.com/pages/Parshwanath-Atlantis-Park-Sughad-Ahmedabad/180791018738747
Yogendra Oza


2
Dear Friends, If you are planning to invest money or going to stay over there with your family, I am sure that you will waste your money. This is my first ever home bought through my hard earned income and after taking the possession, I believe that I was cheated by the company. They have diluted the Parshwanath Brand. The total cost of acquiring the property was Rs.2950000 and what I got? "Babaji ka thullu". I believe that if I have spend this much amount in areas like Ranip?Vadaj, I may have got better things. There are variations in what is mentioned on the site as well as what is mentioned in brochure. Walls are leaking and many issues. They are cheating the customers by showing sample house. DON't BUY and I am frustrated at the level that I am going to file a case in consumer court within a month.
Yogendra Oza


3
Vishal, u hv taken a gud decision by skipping Parshwanath....

By the way, which country r u in?
Sushant


4
Advice to those who wanna get home loan and buy under construction property. Beware that you have to cough up preEMI amount as interest until project is finished ( and bank pay your loan amount to builder ). In easy words " the far completion date, the more you have to cough up as "preEMI interest" at high interest rates ( 11% ).
vishal mori


5
Sushant, i agree with you about investment heaven cities you have mentioned. My preference is residence and not investment. I have booked new flat in new ranip ( after GST Crossing, New railway crossing bridge is coming at GST Crossing ). I felt that area is better residential than sugad village area. Price at new ranip is around 22500/sq yard. Which is not bad compared to parswanath's non negotiable price of 21000. For investment i hold 1 flat in gandhinagar which will take 2 years for completion.
vishal mori


6
Hi Vishal, I booked one unit in 2010 @15,500/- per sq yard in PETALS. But they r delaying the project like hell.... Pls check properly before investing in this project considering what u said as they r using sub standard materials.
Sushant


Besides, I don't think Ahmedabad is the right place to INVEST as hardly the property price grows. Its better to explore and invest places like Delhi NCR or Bangalore where it fetches good return.....
Sushant, Apartment Resident, Bhubaneswar
22nd May 2012


7
Good to know that you are a civil engineer. We will be waiting for construction and quality updates of the project from you.
ranganathan_ananth


8
Hi everyone, Rate per sqft for an 1 BHK is Rs.2000 and for a 2 BHK it is Rs.2100.
rohit_marathi


9
Hi, I have not booked yet. I am thinking to buy in parshwanath atlantis park only after i visit project myself. I am not in india and my in laws saw that property. Can any of you let me know negotiated final price. I talked to mr Ashok Patel in their head office and he insisted on 21000 per sq yard. That reflects 2 lacs above price posted by parshwanath on abodesindia.com. I am civil engg and from my past flat buying experience i can be sure that construction extra features like waterproofing, anti-termite treatment, quality drainage system, etc can increase life of property by > 5 years.
vishal mori


10
Hello Vishal, You said that you have brought Swagat Afford, did you also booked a flat in Parshwanath Atlantis Park. Actually we were planning for group buying and thanks for providing the information about the construction quality etc.
ranganathan_ananth


11
Thanks for the information about the quality of construction if it help people who are planning to buy a flat there. Have you booked a flat in the project?
Chandan Thanki


12
The price posted by parshwanath is on 10 april 2012.
vishal mori


13

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