Hey Chintan, thanks for your honest view on the Uplands and beyond 5 projects.
From their most recent press release –
Uplands – Total units available for sale 282, Units booked till data 94. Exactly a third (Pre launch) Based on the pictures posted in their quarterly presentation, I don’t think even the gold course is ready yet let alone a model villa. And the targeted completion date is 2020. So I would assume super early days, in spite of having nothing to show far, no golf course, model villa, I’m quite surprised with the response they have received. Did you get a chance to visit Uplands personally? Your views / scuttle but with the on site staff about response etc. will be greatly appreciated.
Beyond 5 – Again, super early stage of the project apparently (would appreciate it, if you can update us on this if you have visited the location) Totally agree with you (I have the same point of view) don’t understand why people would want to buy so far away from the city. But keep in mind this is just a weekend home, a get away from the noise & pollution of the city, so not too sure how relevant things like no grocery stores etc is, as it is meant just for the weekends.
Since you are in Ahemdabad, as and when you get the time could you maybe visit these locations, speak with the actual on site construction supervisors to get their views on is construction delays if any, the customer profile (who are these people that are buying these villas) so that we can get a more qualitative understanding of Arvind infra’s biggest projects?
It would be a great help if anyone from Ahemdabad could do this.
Thanks
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