Astrum Alta Casa Review

Q: Hi, hi i want to invest in faridabad with a budget around 25 to 30 what you think is the best builder and area where i can get good return in few years... thanks.

Neelima, Faridabad

23rd September 2014

Residential Project Review in Astrum Alta Casa, Sector-49, Faridabad

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Replies (5)

On last question sudhir,
What are the other additional charges? Why it is right time to buy?

Ranjeet, Faridabad

23rd September 2014

Comment

Well Ranjeet,
As the residential sectors like 48 and 49 which are fully inhabited. Since the prices are at their lowest levels, this is the best time to buy in real estate. There has been speculation of a price rise after the elections are done and a stable government is in center.

Additional charges such as power backup 5KVA - Rs. 25000/KVA, IFMS - Rs. 50/sq-ft, EDC - Rs. 475/sq-ft., EEC - 75/sq-ft. Preferred location charges like Green Views PLC - Rs. 100/sq-ft., Floor PLC - upto 5th floor - 100/sq-ft and Corner PLC - Rs. 50/sq-ft.

Sudhir Mishra, Faridabad

23rd September 2014

Thanks for the information Sudhir,
Can you tell me about the project connectivity? How much they are charging for club membership and covered car parking?

Ranjeet, Faridabad

23rd September 2014

Comment

@Ranjeet,
Faridabad being south of Delhi is Equidistant from Gurgaon, Noida and South Delhi . Alta Casa being west of Faridabad on Faridabad Pali road, is 20 km (20 min drive) from Gurgaon and at the entrance of Faridabad city. The distance from south Delhi is also approx 20 Km (20 min drive). There are two more projects in the same vicinity. one of such projects being Delhi police colony which has started taking shape.

For club membership and covered car parking you have to pay Rs. 1 lacs each.

Sudhir Mishra, Faridabad

23rd September 2014

@Sudhir,
Which local body has approved this project and funding banks providing housing loan? When is the expected date of possession?

Ranjeet, Faridabad

23rd September 2014

Comment

Well Ranjeet,
HUDA has approved this project and all the necessary approvals are in place. Axis bank is the leading banks offering housing loan for this project.

It is expected that the date of possession will be April'2017.

Sudhir Mishra, Faridabad

23rd September 2014

Hi Sudhi,
I am planning to buy a 2BHK of this project. CanHow is the project locality and what is the current residential value is going on in the locality?

Ranjeet, Faridabad

23rd September 2014

Comment

@Ranjeet,
Adjacent to Delhi and Gurgaon one has the advantage of Delhi Metro( under construction) and recently built 4 Lane express highway to Gurgaon. The enhanced connectivity has interested the developers and industrialists to seed their plans and the region is going to be a developed Industrial hub. It is just 20 mins drive from South Delhi & Gurgaon, best colleges and schools are in the vicinity.

The current residential property rate in the locality is between Rs. 3850-4300/sq-ft. depends on the locality and the amenities provided by the developer in the project.

Sudhir Mishra, Faridabad

23rd September 2014

Hi,
Alta Casa in Sector 49 Faridabad is a residential project to be launched soon by the FDI backed Astrum Value Homes in association with SRC Group. Aesthetically designed township sprawled over 13.25 acres of group housing the project has 672 residential housing units. Sizes of the units varies from 1099-1820 sq-ft to 2174 sq ft. 2BHK from 1099-1239 sq-ft., 3BHK in 1652 sq-ft. and 4 BHK in 1820 sq-ft..

Sudhir Mishra, Faridabad

23rd September 2014

Comment