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

madgeek · 02-09-10

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

alokgarg · 02-09-10

so whats the new value. existing value was 2.75 . I am dreading the prospect of builders increasing number of flats in towers in undergoing projects.

Quote:

Originally Posted by madgeek

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

leechawla · 02-09-10

Quote:

Originally Posted by alokgarg

so whats the new value. existing value was 2.75 . I am dreading the prospect of builders increasing number of flats in towers in undergoing projects.

It can not be good. Expect more towers in your project

Can we in any way tackle this?

alokgarg · 02-09-10

http://timesofindia.indiatimes.com/c...ow/6477421.cms .
far increased to 3 for all buildings and 3.75 for green buildings. i have booked in lotus panache and it is a green building. can 3C increase number of flats at this stage.

leechawla · 02-09-10

Quote:

Originally Posted by alokgarg

http://timesofindia.indiatimes.com/c...ow/6477421.cms .
far increased to 3 for all buildings and 3.75 for green buildings. i have booked in lotus panache and it is a green building. can 3C increase number of flats at this stage.

Yes, going by the way the are moving, its very likely they will.

I was told Supertech is still building towers in the Emrald court project because the FAR increased before they were issued completion certificate.

nibha · 02-09-10

It would be very unprofessional of 3C/Logix to increase the
Number of towers / floors ...
Lets see kya hota hai

MANOJa · 02-09-10

The builder would try on every legal or illegal possibility to increase the towers or floors

alokgarg · 02-09-10

i think we will have to be very vigilant and be ready for court action if they do so.

Quote:

Originally Posted by nibha

It would be very unprofessional of 3C/Logix to increase the
Number of towers / floors ...
Lets see kya hota hai

leechawla · 02-09-10

Quote:

Originally Posted by alokgarg

i think we will have to be very vigilant and be ready for court action if they do so.

Or bulk cancellations.

alokgarg · 02-09-10

that's is the last option if everything else fails. but do we have any other means before that.

Quote:

Originally Posted by leechawla

Or bulk cancellations.

02-09-10	#1
madgeek Member Join Date: Apr 2010 Posts: 179 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Noida has Expanded - Cheaper Accomodation? Noida has expanded. What will be the impact on the RE scene here. Cheaper houses? More congestion?

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Have the circle rates increased in Noida?	ManishAgarwal	Noida	5	28-06-10 05:25 PM
Upcoming Housing Socities in NOIDA/GR NOIDA and NOIDA EXT	mudit.bhandari	Noida	0	31-05-10 01:21 PM
HAS FAR been increased from 2.75	nibha	Noida	2	22-05-10 03:10 AM
Is Stamp Duty getting increased by 3% post Jan 1st?	neeraj_bitm	Pune	13	06-03-10 12:18 PM

02-09-10	#4
alokgarg BANNED Join Date: Aug 2010 Posts: 1,456 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 0	http://timesofindia.indiatimes.com/c...ow/6477421.cms . far increased to 3 for all buildings and 3.75 for green buildings. i have booked in lotus panache and it is a green building. can 3C increase number of flats at this stage.

02-09-10	#6
nibha Senior Member Join Date: Mar 2010 Posts: 600 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	It would be very unprofessional of 3C/Logix to increase the Number of towers / floors ... Lets see kya hota hai

02-09-10	#7
MANOJa Veteran Member Join Date: Jul 2010 Location: Shimla Posts: 12,325 My Mood: Thanks: 210 Thanked 225 Times in 181 Posts Rep Power: 1	The builder would try on every legal or illegal possibility to increase the towers or floors