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DLF


DLF is to Gurgaon as Coca Cola is to colas. One frontier is DLF5 with some 350 acres around the golf course with a plan of two 27 hole golf courses and a city competing with Vasant Vihar. The other frontier is 2000 acres of Garden City right opposite the famous Haldiram's across the NH8 in sectors 81 to 95. New launches by DLF in the Garden City are almost half the price in DLF5.

Sobha


Sobha is a Bangalore based group, they offer really good quality that is suitably vouched for by Narayanamurthy chairman Infosys. In Gurgaon they have a single 150 acre project in sector 109 at Dwarka Expressway called the international city. Clearly with options ranging from 4 Crores to 9 Crores, Sobha is the best Villa option in Gurgaon

Ireo


Ireo or Indian Real Estate Opportunity is a $2 billion fund. They have 700 acres of integrated land bank in sector 58 to 61. Ireo aspires to built a Ireo City with features like sky walks, well designed high street retail. Ireo is still to deliver with their first project The Grand Arch slipping on target. We have only seen price increase circulars that please the early stage investors. We hope for no more such circulars in the near future.

Tata Housing


It is a company one can trust, it is for this reason that their new project called the Gurgaon Gateway in sector 112 near Dwarka was sold in a lottery. Just about any broker and his uncle and even his dog was pushing it. In the end it is overpriced. They have been struggling with the Tata Primanti in Sector 71 which is not biting the price increase to 10,000 rpsqft. The Raisina in sector 59 built well but gasping for connectivity.

The 3C


The 3C Company, started some 10 years ago with commercial space in Noida. The passion was green architecture and Leeds certification. The next fray was to build many condominium along the Noida to Greater Noida Expressway. Today they have have 45 million square feet space in their ambit. 3C launched a 37.5 acre green project called Greenopolis in Sector 89 in New Gurgaon, this project has 10 acres still to be launched. Modest on prices, still offer good value for money

M3M


M3M has 2000 acres of approved land in Gurgaon. Most of the land parcels are approved by town planning. They have been understated in their sales and some of their projects are well under construction from the best construction companies. They are Zero debt and passionate about the specs and design. We see value in the M3M eScala on the modest price range and M3M Golf Estate in the upper price bracket

Assotech


25 year old emanating from Noida, has a pan India presence now. They have delivered 7 million square feet and 8 million are work in progress. They have sold a project called Blith on sector 99 Dwarka Expressway. Their new project in New Gurgaon can be picked up at early minimum prices right now

Lotus Greens


Coming from the legacy of 3C, I find that this company is responsible and fair. I can see that they can look beyond balance sheets.

 

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