construction site update

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I drove by the site at Eden Gardens very recently and it's all quiet. There is progress around the area and many sites are progressing, which should be good for DSC. But, I have bought into Eden thinking the location and plan look great, I just hope they can get their act together and actually start something....anyone know when they plan to start building?

I am hopeful but this project is unusually slow even for Dubai/ Any more insight ?

Thanks

Bad luck my friend, bad timing!
Next year will be even worst

G,

Your post is pretty much useless, care to explain what you mean? worst?

Does anyone have further info on Eden Gardens? Thinking of holding on this project due to the great location, site plan and outlook on Dubai Sports City, but concerned about further delay's....

Thanks

Everything depends on your investment strategy.

If you are thinking long term, then I guess you should be patient. Yes, delays do hurt.

For what price did you buy, if you intend renting and the rent covers the EMI, then I would not be worried.

As I said earlier on Lokandvalas are good developers and it could be worth the wait. I'm sure the delay is from some local regulations and not due to financial constraints. Lokandvalas are cash rich and there is no way the project will be scrapped.

Regards

Roshan

Thanks for your reply, much appreciated. I'm comfortable with the price at about 1150/sqft for a 1 bed and 1300/sqft for a studio. Rent will cover even with conservative numbers....

Like you said, have to be patient, but wish it was not so delayed. I'd really like my money serving me better elsewhere but cest la vie...I still really like the Dubai Sports City plan and am optimistic, I also didn't realize Lokhandwala was such a large builder in India. Make me feel better.

I see from the media the cricket stadium will be full of action next year.

Thanks