Floor - Fourth
Ready to Move
Just one reaches to gateway to Gurugram he enters into the DLF empire of real estate and witnesses one of its iconic creations, called DLF-Phase 1. Plotted development, commercial space, markets, hospitals, world class educations schools & institutions, high rise buildings etc. are few illustrations that make it privileged class and mark of status symbol for residents & business community. It's very convenient place for people having connection with trade & services with DLF City. DLF-Phase 1 is a signature of world class real estate contribution of DLF.
It's well connected with NH-8, Sikanderpur, M. G. Road, IFFCO Road Metro rail stations. 80% Malls & commercial establishments are just other side of M. G. Road. Malls, cyber sites, call centres, MNC offices, banks etc. One can move forward in any direction and can reach to desired place in 5 to 15 minutes drive.
It's mostly plotted development added with high rise towers, totally safe and secured area. Apart from high rise, huge number of independent Floors are being raised by Builders looking to high demand. As a matter of fact that Flats in high rise have it's own intricacies, people aspiring for home have found independent Floors as best option. High rise builders have lost their credibility in many count. They are not transparent & fair in area, amenities, quality, fixtures, and timely completion & delivery of flats. They just recover cost based on loans from buyers & divert funds and delay the project, putting the buyers to undefined harassment, miseries and financial losses. Further, in high rise Flats one has a right of ownership, but with regard to land, no such ownership right.
Contrary to all above situations, Builders' independent Floors, build over 200 to 500 sq. yards, area wise are prudently defined and there is ownership right to floor and of proportionate land. Being small units builders concentrate on work, complete construction and offer possessions even before scheduled time. Buyers get better deal as he can keep watch on quality of construction. He can get his preferences & choices adjusted without any extra cost or with little more.
One more area that buyers keep in mind that of recurring expenditure. High rise Flats have high recurring expenditure, while Floors have least of it.
Keeping in view all above facts and circumstances, home buyers are preferring independent Floors than a flat in high rise.
Palm Floor developer M/s. Rosemary Hospitality Pvt. Ltd. is a renowned name in NCR who have expertise itself in Palm Floor development. They have track record of performance and timely completion & delivery. They have developed good deal of craftsmanship through their team of architects, engineers, ground technical staff. They have sound financial back up, so their projects continue without any financial stress. They accommodate their buyers by giving accord to their preferences & choices.
Hence, by all count Palm Floors are the best bet. Why can't look once to own it forever at most competitive & accurate terms.
Why to Choose Builder Floor...
High Rise caries very undefined character with regard to ownership of land, flat area, pricing, completion & delivery etc. Ownership of flat is there, but there is no right to proportionate land on which the high rise is built. So, one has to compromise with the right to land, first point. Secondly, there is sheer ambiguity with regard to measurement of flats. Buyers are charged for larger area than they actually get. It is totally undefined, undisclosed, quite mysterious and a sort of foul play on the part of developers. Flat size may be shown 2000 sq.fts., and one may be paying too for it, but he may be getting say around 1600 sq fts. One can understand the cost implication of such treacherous machinations. Pricing needs no comment. When the project is launched, to attract buyers, very rosy picture is depicted and host of quality, quantity, features, services are offered. It all evaporates, once an agreement is clinched. Just one becomes a handy tool of exploitation of builders. The ground realty is that one has to follow the payment schedule of builders and at the same time ensure repayment of EMI of availed loan. Being high rise, 3 years delivery time is given, but uncertainty prevails, as none of the builders adhere to promised possession date or work sincerely to finish high rise by given date. From present scenario, one can imagine the havoc, high rise builders, can play with home buyers. Thousands and thousands investors are trapped in and languishing for their home with untold/unheard miseries and financial disaster in NCR and all they are big and renowned Builders. They have been found indulged in diversion of fund that home buyers invested. Large number of projects in high rise segment have been held up due to dispute over land acquisition, master plan issues or hurdle in plan sanctioning by Authorities.
The story of floor builders is different. In Gurugram, large number of small players are active in floor building work. Builders acquire small plots of 240/300 sq. yards and build floors over it. They are just stilt plus 3/4. They are small projects, so hardly they face any financial crunch. They try to finish their project much before given date and hand over possession timely. Owners of the floors have shared right to land. There is no ambiguity over area, since deal is on floor basis. Prospective buyers easily look into the work progress and quality of construction and can point out in case of any deviation. These floors are raised in developed area and not like the high rise in undeveloped areas. Cost wise, floors are cheaper than flats in high rise. Builders’ floor built over 240 sq yards if costs around 1.4 crore, a flat of 2000 sq. fts may come for about 2 crore. Apart from such cost variation, floor shall have more space than the flat. Builders are cautious and careful to their reputation and being small player, they finish one project and try to start new one.
It is a record that floor builders have no failure, contrary to high rise. Such dwelling units have zero maintenance cost and they are more eco- friendly. They are easily available in developed areas, well connected to markets, health, education, rail, road services etc.
Such floors are popularly called Palm floors. Rosemary Hospitality Pvt. Ltd. is a leading developer of Palm Floors in Gurugram and his track record of performance is a testimony of buyer satisfaction.
For any home buyer safety of his home investment is the first priority. Why to wait for 3 year or take a chance to uncertainty, when Palm floors are available, cost wise prudent and surety of timely completion and possession.