Gardenia Golf City, Noida - Page 3 - Indian Real Estate Forum

trialsurvey · 10-04-10

be prepared for delays in this .. over-ambitious project !

Basant · 10-04-10

Quote:

Originally Posted by trialsurvey

be prepared for delays in this .. over-ambitious project !

Why you say so? Do you have any information about this project that we do not know?

Phase-I is just 600-700 apartments. Why should they be delayed? Pls. share....

dharm105 · 10-04-10

Hi All,

Does anyone know what is offical website of Gardenia ? What is their balnce sheet for last couple of years? Have they completed any projects successfully in past ?

As for as I know, they are executing few projects.

Who is MD of this group ?

talk2lucky · 12-04-10

as i have heard from dealers and gardenia office - the construction will start at end of may latest. Again, this is what they are saying.

basantp · 12-04-10

Quote:

Originally Posted by talk2lucky

as i have heard from dealers and gardenia office - the construction will start at end of may latest. Again, this is what they are saying.

Looks impossible. One dealer has confided to me that Gardenia is yet to deposit 10% land cost with NOIDA Authority, sign the lease agreement and take over possession of land.

I do not think any work on ground is possible without possession of land.

talk2lucky · 13-04-10

have u checked directly with Gardenia about possession of land? According to them, they already have done everything with Noida authority. Different Dealers say different things. One dealer saying construction will start end of May. I hope he is right. Rest God knows. According to you, no time frame is fixed ?

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..........!

talk2lucky · 15-04-10

hi noidahome, thanks for your great info...i have paid 1lac token under const linked plan...what u think. should i take back if construction does not start by may end...bcaz they are asking 10-15% in next one month. y to block the money if the reviews are not that good.

Basant · 15-04-10

See my post at http://www.indianrealestateforum.com...stcount60.html

Looks Gardenia is doing well without much marketing hullagulla. No need to go for cancellation. These days all projects require such clearances / approvals and hence, nothing abnormal.

Location is excellent.

talk2lucky · 15-04-10

yes basant, i also got this inform from office of gardenia. okey, let's wait and c end of may. no doubt, location is excellent.

10-04-10	#23
dharm105 New Member Join Date: Jan 2010 Posts: 1 Likes Received: 0 Likes Given: 0	Gardenia Official Website Hi All, Does anyone know what is offical website of Gardenia ? What is their balnce sheet for last couple of years? Have they completed any projects successfully in past ? As for as I know, they are executing few projects. Who is MD of this group ?

12-04-10	#24
talk2lucky New Member Join Date: Mar 2010 Posts: 12 Likes Received: 0 Likes Given: 0	construction start. as i have heard from dealers and gardenia office - the construction will start at end of may latest. Again, this is what they are saying.

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10-04-10	#21
trialsurvey Veteran Member Join Date: Oct 2009 Posts: 4,762 Likes Received: 669 Likes Given: 989 My Mood:	be prepared for delays in this .. over-ambitious project !

13-04-10	#26
talk2lucky New Member Join Date: Mar 2010 Posts: 12 Likes Received: 0 Likes Given: 0	have u checked directly with Gardenia about possession of land? According to them, they already have done everything with Noida authority. Different Dealers say different things. One dealer saying construction will start end of May. I hope he is right. Rest God knows. According to you, no time frame is fixed ?

13-04-10	#27
basantp New Member Join Date: Mar 2010 Posts: 48 Likes Received: 0 Likes Given: 0	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..........!

15-04-10	#28
talk2lucky New Member Join Date: Mar 2010 Posts: 12 Likes Received: 0 Likes Given: 0	hi noidahome, thanks for your great info...i have paid 1lac token under const linked plan...what u think. should i take back if construction does not start by may end...bcaz they are asking 10-15% in next one month. y to block the money if the reviews are not that good.

15-04-10	#29
Basant Senior Member Join Date: Feb 2010 Posts: 680 Likes Received: 28 Likes Given: 5	See my post at http://www.indianrealestateforum.com...stcount60.html Looks Gardenia is doing well without much marketing hullagulla. No need to go for cancellation. These days all projects require such clearances / approvals and hence, nothing abnormal. Location is excellent.