is there any risk in buying in ILD- spire greeens sec-37c

Rajan Mittal, Apartment Resident, Gurgaon

23rd June 2013

Investment Advice in ILD Spire Green, Sector-37 C, Gurgaon

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Replies (4)

affordable housing is a distant dream for Gurgaon.no good builder is selling less than 4000 per sq ft plus other charges & hidden agenda and delays.Quality of construction is big question mark.

Baawla Chhora, Gurgaon

20th April 2014

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Thanks for ur responses.. @Rajan, which is the project in Sec 37? And I understand you are looking for affordable rates but what budget approx are u looking at?

Ranjeet, Faridabad

2nd July 2013

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30 - 40 laks is budget i am looking at and should be a registered property so that loan is available , can you please help

Rajan Mittal, Apartment Resident, Gurgaon

2nd July 2013

Hi Mr Mittal and Mr. Singh, i heard that possession of ILD- spire greens will be only in 2016. Still there is long time. Then why are u telling that there is long delay.. And are there any previous projects of the same developer which are having any issues?

Ranjeet, Faridabad

27th June 2013

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Hi Mr. Ranjeet, The project started in 2010, so its a long delay. Yes there is a project by spire in sec-68 where the construction was started by builder without approvals and now the project is at stand still for last 2 years

Pardeep Singh,

28th June 2013

Dear Mr. Ranjeet and Mr. Singh , thanks for your inputs your answers have given me a enough clue to take a decision , can you please further advice what about affordablle housing project in Sec-37 which is being developed by Aex Builder.

Rajan Mittal, Apartment Resident, Gurgaon

28th June 2013

Dear Rajan,
This is the project which is bueing build by Apex builders and the project is being supported by Huda. The construction work has just started and loan is available only on Rs. 12 lakh and the price varies in range of 30-32 lakh for 2bhk 800sqft apartment. Let me know your requirement. Pardeep Singh

Pardeep Singh,

2nd July 2013

Dear Rajan, Definitely there is a risk as the builder has delayed the construction and even one of their projects there is stay from department due to approvals not taken. Builder reputation is not upto the mark to invest or buy ILD - Spire greens. Let me know your requirement and budget to help me support you in taking the right decision.

Pardeep Singh,

24th June 2013

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