Plumeria Garden Estate in Geater Noida - Indian Real Estate Forum

Pritpal · 17-02-10

Hi,

I have a flat in Plumeria in sector Omicron - 3. Purchased at Rs 1900 sqft 4 years back.

It is still at 2200-2300 / sqft.

I am seriously considering whether i should continue with this investment or put my money somewhere else - maybe Noida Expressway /Manesar which seem to be showing better promise currently.

Any views on this would be greatly appreciated.

Venkytalks · 17-02-10

rate is quite high. Rates will stay like this for a loooooooong time. NOIDA itself is available now for 2200 in booking.

If investment, Manesar is also not a good option - oversupply. NOIDA expressway is also in oversupply, no chance for appreciation.

I would keep the flat you already have and forget about it for 5 years. By then price will increase and you will get a better sense of where Greater NOIDA is going.

Keeping quiet is the best option.

How mush rent are you earning?

17-02-10	#1
Pritpal New Member Join Date: Feb 2010 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	Plumeria Garden Estate in Geater Noida Hi, I have a flat in Plumeria in sector Omicron - 3. Purchased at Rs 1900 sqft 4 years back. It is still at 2200-2300 / sqft. I am seriously considering whether i should continue with this investment or put my money somewhere else - maybe Noida Expressway /Manesar which seem to be showing better promise currently. Any views on this would be greatly appreciated.

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17-02-10	#2
Venkytalks Veteran Member Join Date: Sep 2009 Posts: 2,655 Thanks: 26 Thanked 176 Times in 92 Posts	rate is quite high. Rates will stay like this for a loooooooong time. NOIDA itself is available now for 2200 in booking. If investment, Manesar is also not a good option - oversupply. NOIDA expressway is also in oversupply, no chance for appreciation. I would keep the flat you already have and forget about it for 5 years. By then price will increase and you will get a better sense of where Greater NOIDA is going. Keeping quiet is the best option. How mush rent are you earning?