3C Lotus Panache - Noida - Page 5 - Indian Real Estate Forum

deeps79 · 10-02-10

Kaps
Just have the information abt 1579 unit..
On weekend 3-4 brokers told me that more than 90% has been booked and more towers will be launched this week

Kaps_real1 · 10-02-10

Thats cool, if its correct.

Because the smallest flats are booked earliest.1122 went away like a whisker in 1-2 weeks of launch. I booked a 1409 personally.

I am expecting 3C to start working in next 1-2 months. I have read in this forum, builders do not construction work until they sell 60% of project or more.

miser_me · 10-02-10

7th tower booking opened yesterday..
But the price has been increased to 3050 psf
The towers which were open for booking earlier have the inaugral discount of 150 (i.e 2975 psf) for only a few more days

deeps79 · 11-02-10

3c will start work once all the approvals are in place. Panache is PE funded by Red Fort capital (50%).....so initial investment from builder side is not a problem in the project

deeps79 · 13-02-10

Met 3C people today.
Updates :-
1) As per them they have released 1000 flats approx (including new towers)...around 75% have been booked till now....

2) Allotment letter will be distpatched from March mid onwards.... approx 3 week of march

3) They are in discussion with banks for loans.....They are expecting all banks who passed LB will surely pass LP plus couple of new banks....

4) Demand for 3bhk flats is max

blueskyliner · 14-02-10

Do they have bigger size apartments? Their website shows the biggest fllor plan of apprx. 1500 sqft only.

capreal26 · 14-02-10

Yes, there are 1916/29, 2323 and 2500 odd sft sizes available too. Last 2 in the Panache Island part of the property. The middle 5 towers you see in the layout.

blueskyliner · 14-02-10

Capreal, can you provide me the floor plan and the rate at which you booked? Also is the project banakable? if yes what banks are willing to give the loan on this property?

capreal26 · 14-02-10

you can get floor plans from lotuspanache.in (or get the hardcopy brochure from 3C guys - very nice one! or pm me your email, i'll send you the pdf's). I booked at the original price 2975. Saw that they reduced the inaugural discount to 75/- so price now has become 3050. But I guess you can still negotiate the discount (lots of inventory since its a large project).
However, Broker discount has gone down to 4% now (some of the earlier towers went at 5-7%). Checked this with 3 brokers - allcheck, unicon and IC (will be disappointed if I hear 4%+ is being offered now - 3C guys said they would cancel the booking and ban the broker if they see anyone offering more than that to the buyers for new towers being released). Moreover, brokers tell me that corporate deals (likes of GAIL, ONGC, etc) are going on with Panache and Logix - so you can try something there if you are eligible.

Bankability - dont think any banks have approved the project so far. 3C says same bankers who approved LB should come into play here too. Baaki aage dekhte hain kya hota hai..

eai_ny · 16-02-10

It seems that I missed all the fun....

Could anyone tell, what are the towers that has 1579 sq. ft. flats available (preference is North East, or East facing). If I go by the trend ..... only handfull might be left (and none with my preference) at this time for the towers that were released for booking up until now.

I am a late starter and it would be more helpful if someone could suggest a good 1579 flat in the upcoming towers given my preference.

....or I might just wait and try my luck somewhere else in another development.

Many thanks.

13-02-10	#45
deeps79 Member Join Date: Jun 2009 Posts: 285 My Mood: Thanks: 2 Thanked 14 Times in 4 Posts	Met 3C people today. Updates :- 1) As per them they have released 1000 flats approx (including new towers)...around 75% have been booked till now.... 2) Allotment letter will be distpatched from March mid onwards.... approx 3 week of march 3) They are in discussion with banks for loans.....They are expecting all banks who passed LB will surely pass LP plus couple of new banks.... 4) Demand for 3bhk flats is max Last edited by deeps79; 13-02-10 at 12:36 AM.

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10-02-10	#41
deeps79 Member Join Date: Jun 2009 Posts: 285 My Mood: Thanks: 2 Thanked 14 Times in 4 Posts	Kaps Just have the information abt 1579 unit.. On weekend 3-4 brokers told me that more than 90% has been booked and more towers will be launched this week

10-02-10	#42
Kaps_real1 Member Join Date: Jan 2010 Location: Noida Posts: 132 My Mood: Thanks: 70 Thanked 5 Times in 3 Posts	Thats cool, if its correct. Because the smallest flats are booked earliest.1122 went away like a whisker in 1-2 weeks of launch. I booked a 1409 personally. I am expecting 3C to start working in next 1-2 months. I have read in this forum, builders do not construction work until they sell 60% of project or more.

10-02-10	#43
miser_me New Member Join Date: Oct 2009 Posts: 8 Thanks: 0 Thanked 0 Times in 0 Posts	7th tower booking opened yesterday.. But the price has been increased to 3050 psf The towers which were open for booking earlier have the inaugral discount of 150 (i.e 2975 psf) for only a few more days

11-02-10	#44
deeps79 Member Join Date: Jun 2009 Posts: 285 My Mood: Thanks: 2 Thanked 14 Times in 4 Posts	3c will start work once all the approvals are in place. Panache is PE funded by Red Fort capital (50%).....so initial investment from builder side is not a problem in the project

14-02-10	#46
blueskyliner Member Join Date: Jan 2010 Posts: 101 Thanks: 0 Thanked 0 Times in 0 Posts	Do they have bigger size apartments? Their website shows the biggest fllor plan of apprx. 1500 sqft only.

14-02-10	#47
capreal26 Member Join Date: Jan 2010 Posts: 289 My Mood: Thanks: 0 Thanked 4 Times in 4 Posts	Yes, there are 1916/29, 2323 and 2500 odd sft sizes available too. Last 2 in the Panache Island part of the property. The middle 5 towers you see in the layout.

16-02-10	#50
eai_ny New Member Join Date: Feb 2010 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	It seems that I missed all the fun.... Could anyone tell, what are the towers that has 1579 sq. ft. flats available (preference is North East, or East facing). If I go by the trend ..... only handfull might be left (and none with my preference) at this time for the towers that were released for booking up until now. I am a late starter and it would be more helpful if someone could suggest a good 1579 flat in the upcoming towers given my preference. ....or I might just wait and try my luck somewhere else in another development. Many thanks.