alokgarg

totally agree with you on this point. but Delhi as has its own very large problem which has been highlighted well by Zohaib. but still a sense of security and just a tag of living in Delhi matters to a lots of people and prices in delhi are very high. if all people start to think rationally and start to pick their home based on what facilities they will be getting, Noida will win handsdown in whole NCR. but people want to live in Delhi or near Delhi. even in noida sectors closer to delhi are more costly. i tried to look for house in mayur vihar before booking in noida. badly constucted 1200 sf 2bhk DDA flat for 60 lacs. my thinking why spend so much money and still live in a place like that with broken roads, no parking, no open spaces.

zohaib2012

What you are seeing on Noida expresswa today is the work of 7 years..which included 1-2 years of recession in real estate..so imagine what will happen in next 5-6 years. 20 years you are reaching Yamuna expressway or probably beyond..at the pace work going on today.


Noida expressways Big projects are on their way now...plus the eixts you see on expressway are not confirmed..with metro coming in, loads of construction going on...by the time projects launched this year are complete..thats is 3-4 years from now...You will see major changes.

Jaypee is doing a lot of development also...hospital will be ready in 2-3 years...and IT Parks have just started.

Also dont forget about Greater Noida..the city is coming up quietly and in a very impressive way. Major development coming along there also....Scope of development in this area is Noida expressway itself and also Greater Noida...Noida is saturated already and thats why regions like noida expressway are very good...but to believe that closer to Noida sector 18 will be best..is going the wrong way.

The most well equipped hospital of noida is fortis which is far from sect 18.
Malls are having similar brands..so no big deal...a good mall even in greater noida with good brands..will tempt the Noida expressway residents to shop there to avoid the mad ruch in noida sect 18.
Top school of noida are on noida expressway...More coming.
Large IT parks again on noida expressway...more and more will come..

So basically Top offices, schools, good hospitals, metro will be available on expressway within 4-5 years. When most of these residential areas will be complete

so as of today...its Not possible to pin point on the Best sector of noida expressway

ATS Village in considered the best on noida expressway today...believe me...its just a matter of time that people will have not 1 but maybe 4,5 projects much better than it...thereby reducing its resale price.

New projects on this expressway will Not be ready before 3-4 years (Complete)...and that time...the face of expressway would be changing...with IT parks, metro and maybe even FNG...

alokgarg

so whats the guarantee that there will not be another recession. someone made a very good point about metro, that metro hasn't started construction anywhere in NCR where people are not living already. so why will they start constructing in expressway sectors in beyond understanding. one report that people always point on metro website is a feasibility study of a LRT corridor(note even proper metro) to greater noida(there are feasibilty studies for a lot of cities). but there is a long path from feasibility study to running metro. UP govt has to pay a lot of money. Delhi metro demands a minimum revenue guarantee from state govt. haryana govt provided such guarantee for gurgoan metro. after all agreements are in place, land will be acquired.then construction will start. do you really think all this process will be completed in 3-4 year. it will take at least 3 years to construct metro after the agreement is signed between govt and delhi metro.

another point is nearby leaving population is required for a successful mall. lets take example of greater noida where lots of people are living right now. i think ansal plaza at pari chowk is very well located. my cousin brother purchased a shop there and i went for its opening on a Saturday afternoon. mall was completely empty. not more then 50 visitors in whole mall. half the shops don't have any occupiers. compare this to TGIP in noida on Saturdays. you cant find parking or sitting in restaurants. sometime their corridor looks like mumbai railway stations.

zohaib2012

I completely disagree...Kindly check the buyers of Real estate in Delhi...they are all dealing in Solid Black money.....thats the difference...
In NCR Cities like Gurgaon and Noida, mostly MNC executives, young corporates are buyers..because they are taking loans and paying mostly in white. For a person who has made enough Black money..Delhi is best...

A Good builder will not take 50 Lakhs cash from you and give you an appartment...but thats what happens in Delhi.

Thats the difference....regd the Security matter..pls note that Delhi is Not Singapore and Crime rate is highest in India. Delhi Police has been awarded as One of the Most corrupt police. In DDA Appartmets there are Daily cases of chain snatching, car thefts and robberies...its common...everyone knows about it.

You can never compare a city like Delhi to any other..and no one is doing that....Capital is Capital...but thats about it.
Its NOT safer than Noida or Gurgaon.

How many People do you know have taken loans to buy a flat in Mayur vihar or patparganj today ?????

Kindly do a proper research on the real estate market in delhi...nearly all dealings are Solid Black money..where people buy DDA appts by paying heavy cash....and then the balance black money is either used to encroach or put italian marble. Best way to use the Black money.

In Terms of standard of living its far far behind.

South Delhi DDA Flats get 30 mins water a day..and who ever has a larger Pump will suck the water
All areas have encroachments
No gated communities and even if there are..its manned by cheap guard...you can easily make your way into the society
People in south delhi go to ambience mall in gurgaon and people around friends colony come over to GIP.

They are working in Noida, Gurgaon
The children study here
Shopping is done here

People who live in delhi are NOT living because they feel "safe" there...but because either that property was bought by their parents and they are fine there...or they have a lot of black money..which they pumped into it.

If its about safety then no one would come to gurgaon and noida to visit malls and pubs till midnight..or send their children to school here.

Delhi is Delhi...Capital will always be Capital
But when it comes to standards of living...its not even close to suburbs like Noida or Gurgaon

I dont care if someone has a house in GK...When you have to post placards like "donot park in front of gate warna gaadi ki hawa nikal dee jaygee"...get up early in the morning to start water pumps....have to ask my guests to park their cars in some dark spot...cannot leave children out to play after sunset...and have to deal with encraochment on daily basis...and not to forget the pollution.

Suburbs have much better options which delhi doesnt have....
thats why appartment complexes are selling like hot cakes in suburbs

Regd prices according to proximity to delhi

Please Note...the Best projects of Gurgaon are on Golf course road..not next to delhi border...the best project of Noida...ATS Village is on noida expressway.....

Gone are days when cities like gurgaon or noida had to rely on this sole factor...proximity to delhi...now these cities have so much to offer..that they have their own locations to talk about

zohaib2012

Metro coming is a diff. ball game...Lets say it NEVER Comes..then ...why do you think ATS is going at 5000 psf today..because of Metro...???..No
Noida expressway region has its own advantages which everyone realises that...Top Offices, schools are already there and that just 4,5 years of construction

Ansal Plaza..greater noida..thats another story...bad leasing by builder...shops sold to investors who dont want to lease out to brands at the present market rate.
Have you seen a mall called "Senior Mall" near noida metro station..on paper its a great location...but its a mess...builder issues..
There is another mall by parasvnath inside sector 18 which is a mess again...Mall running is all about Leasing, very much like IT Parks
Ansal commited a blunder in that mall...by selling eveythig to investors..
Thats why there are Lease only models in Malls now...the area is leased out first and then sold...

The question is..how you can justify a sector as best located on Noida expressway when most of the development work has just started.

I would say..assume metro doesnt come at all...but that doesnt mean this area will flop out..Other projects are supporting it..

TO judge a prime sector..it will take at least 3,4 years..in my opinion...any sector which is away from villages..close to IT areas and master greens will be a good location. irrespective whether its 2 kms from noida amity or 5 kms from it.

MANOJa

Nice counter arguments . Zohaib , u seem to be a prolific writer. I will not comment on the contents, because i belong to Delhi & own a house in South Delhi & i do not agree to most of, what u have written.

skyhello

So whats the best option if you want to invest in Noida.
See, I recently bought a 2BHK in ABW Manesar. Gurgaon was really out of my reach, this project is at least on the main road though far...

But I always liked Noida I believe this place is much better planned.It is one of those things which is good to have though you know from investment perspective gurgaon is better. Now, since Gurgaon is already in, I am looking for an Option in Noida (at a good location, good builder, good price)...

Since all these projects take 3-4 yrs I think I can manage both at the same time considering the down payment is less and the EMI load will not start immediately and will be spread across over 2-3 yrs...

TAggarwal

Have a look at NeoTown . Reputed builder , sold more than 1000 out of 1400 flats..

madgeek

[QUOTE=alokgarg;104265]so whats the guarantee that there will not be another recession.

There will be one. Next year. Be prepared.

It is being driven by Greater Noida it is being paid for by the respective authorities as there is no decent public transport for getting people out of GNoida.

luckysir

I compared Delhi with Noida on following criteria..
1. Security.....Delhi is for chain snatching, Noida is for LOOT at gunpoint.
If u say Delhi police is worse than UP police, people will laugh at you. If you say LAW is better in Noida, then Delhi , Pls rethink. Hope you dont get chance to deal with Noida police...otherwise you wont say this. Delhi is far far better managed that NOIDA..dont compare with Singapore Pls.
2. Water quality: Any day better in Delhi than Noida. Noida has horrible water quality...If drinking water is not improtant criteria, what can be ..swimming pool & zakuzi ???
3. Electricity: MayurVihar/Patparganj: Average cut is 2 or 3 times a month that too for not more than 1 hour. Noida power cuts are known to everyone. No need to debate here...U may have powerbackup, but it costs.
4. Proximity to Railway stations/bus stands/airport: No need to debate here too. I heard 10 years back about airport in GNoida..
5. Air quality: Noida is a industrail town. All polulled industries have moved from Delhi/ Delhi has an edge over air pollution . Air maters or
6. Low rise: Delhi has low rise apartments. Noida is becoming high rise. Very soon it will be more conjested than Delhi/ Time will tell. Everyone want to live in low rise even in Noida. Thats why PLC is higher for lower floors than higher floors.
7. Most of the Delhi apartments are twoside open. i.e. only two apartments on 1 floor. Advantages: You get sunlight both in morning and in eveing and even during day time. In all e-way flats, either you get morning sun or afternoon sun, not both for most of the flats. Its 4 or 6 or even 8 flats on one floor.
Air flow is better in low rise flats. Air flow is better in flats which are 1 o2 two per floor. Vastu and health pointof view, its not appreciated. U have to give premiun to purchase flat which have only two flats in 1 floor.

Like this list is long.....It really matters whats yr criteria for buying a flat ..

I bought flat in Delhi coz these things matter to me. U look for flat in Noida because you have different criterias which dont mater to me. But Pls stop singing advantages of Noida on BWM's tune. If one can afford only Maruti 800, he shouldnot curse Mercedes for poor average and high price.