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basantp · 13-04-10

As per my information it will take at least 6 months for activities to start on ground.

Pre-construction activities (sequentially, i suppose) are:

= Sign lease agreement with NOIDA & take land possession
= Obtain NOIDA approval for lay out & building plans, internal development plans
= Obtain Environment Clearance
= Get the project approved by banks
= Market at lease 60-70% of apartments & sign builder-buyer agreement

Gardenia has one more project-Glory in NOIDA. Bookings were made in August-October last year. Many HCL guys have booked there. Gardenia could make the project bankable just last week. No work has yet started on ground. This gives a fair indication of things to come on Golf project which has area of 150 acres.

Let us keep hopes live..........!

13-04-10	#27
basantp New Member Join Date: Mar 2010 Posts: 48 Thanks: 0 Thanked 0 Times in 0 Posts	As per my information it will take at least 6 months for activities to start on ground. Pre-construction activities (sequentially, i suppose) are: = Sign lease agreement with NOIDA & take land possession = Obtain NOIDA approval for lay out & building plans, internal development plans = Obtain Environment Clearance = Get the project approved by banks = Market at lease 60-70% of apartments & sign builder-buyer agreement Gardenia has one more project-Glory in NOIDA. Bookings were made in August-October last year. Many HCL guys have booked there. Gardenia could make the project bankable just last week. No work has yet started on ground. This gives a fair indication of things to come on Golf project which has area of 150 acres. Let us keep hopes live..........!