Noida has Expanded - Cheaper Accomodation? - Page 3 - Indian Real Estate Forum

alokgarg · 02-09-10

this blog just re-posts stories from another news source verbatim. compare it with TOI story. 100% copy. I think it is some kind of automated system.

Quote:

Originally Posted by 83rakeshk

Hi ,
i v checked other threads also and 1% is meaningless in case of project upto 10-15 hectares only township will get benefited , but my personal understanding suggests its 3.75 from present 2.75 more than 33%
also check below thread , this noida authority and developers are just making money , what are technical constraints in the same , i doubt they v gone thorugh tht
even this is risky for the end user and price escalation in coming 4-5 yrs is just dream now

http://blog.propertynice.com/far-rai...aller-greener/

alien · 02-09-10

The HT article does not say anything about non-green buildings. If non-green buildings FAR is increased from 2.5 to 3 (as per TOI article) then green building FAR could go 3.75. There is no use of announcing 1% free increase for green buildings i.e. add 50 flats in 5000 flat complex is negligible.

alokgarg · 02-09-10

is there some place where we can find original noida authority declarations. i think TOI report is wrong (maybe I want it to be wrong

). in HT article (online here at http://www.hindustantimes.com/Laying...e1-594444.aspx) ceo is saying they are giving this increased FAR for free. why will they give 36% (in case it is creased from 2.75 to 3.75) more FAR free. i think 1 % is free to increase the profitability of green builders (think of it like tax breaks govt gives to non-polluting and R&D industry). if a builder can build 50 more flats without giving anything to authority on existing infra, it will add purely to his profits(he will only spend on construction cost of those flats).

Quote:

Originally Posted by alien

The HT article does not say anything about non-green buildings. If non-green buildings FAR is increased from 2.5 to 3 (as per TOI article) then green building FAR could go 3.75. There is no use of announcing 1% free increase for green buildings i.e. add 50 flats in 5000 flat complex is negligible.

charming_arpit · 02-09-10

Yes Alok, you are correct. This seems more like an incentive on creating Green Projects in Noida to keep Noida green and environment friendly. I think TOI has done a big blunder in publishing incorrect information in this article.

IN HT, the title of the news says it all. "Laying Foundation for Green Noida".

Quote:

Originally Posted by alokgarg

is there some place where we can find original noida authority declarations. i think TOI report is wrong (maybe I want it to be wrong

). in HT article (online here at http://www.hindustantimes.com/Laying...e1-594444.aspx) ceo is saying they are giving this increased FAR for free. why will they give 36% (in case it is creased from 2.75 to 3.75) more FAR free. i think 1 % is free to increase the profitability of green builders (think of it like tax breaks govt gives to non-polluting and R&D industry). if a builder can build 50 more flats without giving anything to authority on existing infra, it will add purely to his profits(he will only spend on construction cost of those flats).

alokgarg · 02-09-10

but we should still confirm it from more authoritative source. i think both HT and TOI are wrong so many times, that we can't trust one over another.

Quote:

Originally Posted by charming_arpit

Yes Alok, you are correct. This seems more like an incentive on creating Green Projects in Noida to keep Noida green and environment friendly. I think TOI has done a big blunder in publishing incorrect information in this article.

IN HT, the title of the news says it all. "Laying Foundation for Green Noida".

luckysir · 02-09-10

Today's Zee News property ( 7:30PM) discussed about increase in FAR in Noida/ They clearly said that FAR is increased from 2.5 to 3, and 2.75 to 3.75 for green projects. May be that guy is also commenting after readting TOI....
But what will happen if this is true. I know Supertech is going to take full advantage of this news and would change its layout plans etc. I am not sure about famous 3C and LB ....Those bldrs who have already laid down pillers based on certain height of floors, would they increase no. of floors or would use green cover to take advantage ?? This is going to be a true test of bldr integrity//

Find time to read impact of FAR in this article...

www.townplanning.kerala.gov.in/pages/pdf/FAR.pdf

nibha · 02-09-10

What is the history of FAR for group hosing in noida...
How it has increased and by how much ,
If we assume the increase of 1 i,e from 2.75 to 3.75 , then its more than 36% ...
Does any one know what was the FAR before 2.75 ...
How its has moved since the inception of noida

alokgarg · 02-09-10

is there a way to confirm this from noida authority.

Quote:

Originally Posted by luckysir

Today's Zee News property ( 7:30PM) discussed about increase in FAR in Noida/ They clearly said that FAR is increased from 2.5 to 3, and 2.75 to 3.75 for green projects. May be that guy is also commenting after readting TOI....
But what will happen if this is true. I know Supertech is going to take full advantage of this news and would change its layout plans etc. I am not sure about famous 3C and LB ....Those bldrs who have already laid down pillers based on certain height of floors, would they increase no. of floors or would use green cover to take advantage ?? This is going to be a true test of bldr integrity//

Find time to read impact of FAR in this article...

www.townplanning.kerala.gov.in/pages/pdf/FAR.pdf

anuj_ra · 02-09-10

The prices will definitely needs correction, Today Maharashtra Govt also announces increase in FAR & new Master Plan of Delhi is coming. Lots of development...at least planning is goin on.

skumar3517 · 03-09-10

Quote:

Originally Posted by madgeek

Noida has expanded. What will be the impact on the RE scene here. Cheaper houses? More congestion?

MISCONCEPT

If F.A.R. is increased, prices of Flats will come down.

Land Price will increase ofcourse.

02-09-10	#27
nibha Senior Member Join Date: Mar 2010 Posts: 600 My Mood: Thanks: 0 Thanked 3 Times in 3 Posts	What is the history of FAR for group hosing in noida... How it has increased and by how much , If we assume the increase of 1 i,e from 2.75 to 3.75 , then its more than 36% ... Does any one know what was the FAR before 2.75 ... How its has moved since the inception of noida Last edited by nibha; 02-09-10 at 11:03 PM.

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02-09-10	#22
alien Member Join Date: Feb 2010 Posts: 314 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	The HT article does not say anything about non-green buildings. If non-green buildings FAR is increased from 2.5 to 3 (as per TOI article) then green building FAR could go 3.75. There is no use of announcing 1% free increase for green buildings i.e. add 50 flats in 5000 flat complex is negligible.

02-09-10	#26
luckysir Member Join Date: Jun 2010 Posts: 150 Thanks: 0 Thanked 1 Time in 1 Post	Today's Zee News property ( 7:30PM) discussed about increase in FAR in Noida/ They clearly said that FAR is increased from 2.5 to 3, and 2.75 to 3.75 for green projects. May be that guy is also commenting after readting TOI.... But what will happen if this is true. I know Supertech is going to take full advantage of this news and would change its layout plans etc. I am not sure about famous 3C and LB ....Those bldrs who have already laid down pillers based on certain height of floors, would they increase no. of floors or would use green cover to take advantage ?? This is going to be a true test of bldr integrity// Find time to read impact of FAR in this article... www.townplanning.kerala.gov.in/pages/pdf/FAR.pdf

02-09-10	#29
anuj_ra BANNED Join Date: Aug 2010 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	The prices will definitely needs correction, Today Maharashtra Govt also announces increase in FAR & new Master Plan of Delhi is coming. Lots of development...at least planning is goin on.