Quote:
Originally Posted by sanjeevchaudhri
Yes, it is possible to give a flat of 550 sq ft in Rs 9 lakh provided the land on which it is being built has been procured cheaply.
The GHP plots in Sector 1,4 and 12 Greater Noida have been provided Rs 10000 per sq mt to these builders (Amrapali, Gaur, Supertech etc.)
Please see attached ad from Gaur where they have also highlighted the location advantage of Sector 4 Greater Noida.
I believe Sector 4 G Noida is much better location then JP Aman, Sector 151 or the recently launched projects in Sector 137.
Also, please note that distance of Sector 4, Greater Noida is only 7 kms from Noida city center Metro station and hardly 1-2 km from Sector 121 Noida where Ajanar 121 is located and sold out and is available at Rs 3400 all inclusive. Compare this to Rs 1826 per sq st all inclusive for flat in Sector 4 Greater Noida, nearly 50% cheap.
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Hi Sanjeev,
New projects launched in Greater Noida sec 1,4 etc looks good since they are cheaper but we need some more time to decide if they are really better investment opportunity than other Noida projects.
If we say that after launching these GN projects, sec 120/121/75/76 have become lighter then it applies on Gaur as well since they are also having their project in 120 and why wud they themselves launch a project which may kill the attractiveness of their other project ?
I think being cheaper is other thing and being good investment opp is another. Location of these projects is
not so nice as per my understanding if u compare them with 120.121/119/75/76.
I am yet to validate them against expressway projects.
But yes, being cheaper would help these GN 1, 4 projects in increasing their sellability.
Request not to get biased towards any project, every pros brings some cons.
Ragards !