Agastya07

Then it is risky to invest in Omex. Theu started selling in prelaunch in middle of 2010. More than 1.5 years and still no official launch.

jptiwary3663

Today for the first time I came across this thread and was amused to find that all have anxious questions without any answer. So I thought of providing one. I reside in Lucknow Gomtinagar area. My neighbour has booked a plot in Omaxe city during prelaunch. He has invested Rs. 6 lacs/- in partnership with some others through a broker. He has just enquired and told me that the scheme will be launched in April 2012. The rates will be just double. Only a few days back DLF launched plot scheme for Rs. 13500/- per sqyd. and scheme is still open for public. Hope Omaxe launch will also be on same price as both are on Raebareilly road. Omaxe is nearer to Lucknow than DLF.

rajeev9871925

please confirm the location of DLF plot scheme.
I have booked a plot of 375 Sq yard in mid 2010 in Acer scheme what is the procedure to sell/ transfer after completion of two years which is going to over in june 2012

jptiwary3663

It is located on Lucknow- Raibarrielly Highway at 20 kms. from heart of Lucknow and 60 kms. from Raibarrielly on the right side while moving from Lko to Rably.
The highway is 2 lane, 4 lane work on. It is 3 kms. from SGPGI and 8 kms. from Shaheed Expressway passing throgh Brindavan area. Even Brindavan area will take years to get fully occupied. DLF is not a good option. The dist. is too much.
Omaxe is better. Ansal is OK as area occupied is huge 6000 acre and would take time. 10 years have passed since launch , still not well constructed, not to speak of occupation. Omaxe plots will command good rates. Wait till then, You can sell to Omaxe or to outsiders which will be more profitable.

Agastya07

Could you please confirm the status of Omaxe Hi-tech township? Is it officially launched or not yet?. On Omaxe web site Nothing is mentioned about this project.

jptiwary3663

My neighbour who bought 360 yards in Nov. 2010 for Rs. 12.5 lacs/- confirmed me today that he has been assured by the concerned persons that launch will be in April 2012.
Probably Emmar MGF will also launch simultaneously.

Agastya07

Original booking or through acre scheme? What I heard it was through acre scheme. Do you have any experience with Omaxe in acre scheme? Do they honor what they promised?

Agastya07

As on todays to me it looks risky. Better to wait for an official launch.

jitendrasingh

Google group for DLF Garden City, Lucknow

Hi All

Requet everyone who holds a plot in DLF Garden city Lucknow to join this group on Google groups. This'll help us to stay in touch and keep ourselves updated on all the latest happenings related to our property.
dlf-garden-city-lucknow


Thanks,
Jitendra

jptiwary3663

DLF Plots : Let me correct my-self. It is 4 kms. from SGPGI and not 3kms. No dev. there. You made a bad investment at 13500/sqyd. Emmar MGF even at 1500/- is far superior choice. And Sushant Golf City with 18000/sqyd. current open rate is far - far superior choice. Your money is blocked for atleast 10 years in DLF. It will see hardly any dev. till then as lot of vacant area to be developed in Awas Vikas Brindavan yojna. Here land is available from 600 to 1500/sqft (13500/sqyd.) DLF is fooling outsiders.
Omaxe Plots : My negibhour who is deeply in this investment business informed me that his 2 year period will be over in Nov. 2012 as he bought in Nov. 2010.
He can sell only to Omaxe at 5500/ sqyd. ( Buying price was 3472/sqyd.) Otherwise he has to get it registered in his name. He plans to register as he hopes the rates to be 3 times higher with a logic that if DLF is charging so much in a barren area, then Omaxe well within city area has to be higher than that.