Solaris Apartment Sec75 - Indian Real Estate Forum

skoda0505 · 29-09-11

Guys, does anyone have any idea about the project "Solaris Apartment" in Sec 75 Noida. From what I know, this is a co-operative and the land is sub-leased from the Gardenia FSI.

Googled and found out that Eleven group is associated with it.

Any inputs anyone ?

sanbar · 29-09-11

check How safe is APNI Sahkari Awas Samiti (Cooperative Group Housing Society)

Munish Malhautra · 29-09-11

This land is still not registered and transferred to gardenia. hence it is not advisable to go for it right now, unless u are willing to take risk. we all know that land will get registered some day but when is the question? this is definitely a good proposition compared to builder flats as u save almost 20-25%.

ashish.chawl · 01-10-11

I have registered in the solaris apartments just a couple of days back. APNI sehkari awas samiti is claiming that it will get the registry done in the month of october (on basis of Gardenia's commitment to them) and they will only start work after getting the registry done. So, in case if registry is not done, you can take your money back, and they will also willingly give back the money- they claim that you don't need to get a buyer yourself and they will take care of your share.
Even the loan process will not start before the registry is done, so no burden of loan emi also.
My suggestion is, if you can wait for 3-4 years for posession, then I guess it's a good decesion to go for it, else there are other projects in 7X sectors which have made good progress and can deliver in 2 years.

jaideepsr · 01-10-11

Hi Munish,

Is it also possible to make a cooperative society for buying a small 5% plot from farmers or buying a very small plot from authority itself... How does the registry happens for such plot...

By small or very small means around 500-1000 SQ meter...

Will the FAR for Big Group housing plots and such plots would be same or different???

jaideep

Quote:

Originally Posted by Munish Malhautra

This land is still not registered and transferred to gardenia. hence it is not advisable to go for it right now, unless u are willing to take risk. we all know that land will get registered some day but when is the question? this is definitely a good proposition compared to builder flats as u save almost 20-25%.

Munish Malhautra · 08-10-11

Quote:

Originally Posted by jaideepsr

Hi Munish,

Is it also possible to make a cooperative society for buying a small 5% plot from farmers or buying a very small plot from authority itself... How does the registry happens for such plot...

By small or very small means around 500-1000 SQ meter...

Will the FAR for Big Group housing plots and such plots would be same or different???

jaideep

Yes it is possible to make a co-operative society Jaideep. FAR can be increased by a few % by paying extra. I will be meeting a gentleman on 14th oct and will let u know.

kapildangey · 03-01-12

Quote:

Originally Posted by ashish.chawl

I have registered in the solaris apartments just a couple of days back. APNI sehkari awas samiti is claiming that it will get the registry done in the month of october (on basis of Gardenia's commitment to them) and they will only start work after getting the registry done. So, in case if registry is not done, you can take your money back, and they will also willingly give back the money- they claim that you don't need to get a buyer yourself and they will take care of your share.
Even the loan process will not start before the registry is done, so no burden of loan emi also.
My suggestion is, if you can wait for 3-4 years for posession, then I guess it's a good decesion to go for it, else there are other projects in 7X sectors which have made good progress and can deliver in 2 years.

Thats correct ashish ...i also bought a flat in this society with the same information that you have given. This society is selling the flat at very low rates. In my knowledge the registry of the land is done and construction on the site has begun.

trialsurvey · 03-01-12

Quote:

Originally Posted by kapildangey

Thats correct ashish ...i also bought a flat in this society with the same information that you have given. This society is selling the flat at very low rates. In my knowledge the registry of the land is done and construction on the site has begun.

hi kapil .. plz pm me the number of the builder or broker through whom you registered .. thanks

dhanam · 03-01-12

Hi
As per my information still some portion of land is not registered and construction work still not started.Pl. check with them once again.

sk9977 · 10-01-12

complete project is sold out builder is not accepting further bookings..however land/plot is not registered yet even in the name of Gardenia-Max-aims....

29-09-11	#1
skoda0505 Member Join Date: Apr 2011 Posts: 138 Likes Received: 5 Likes Given: 1 My Mood:	Solaris Apartment Sec75 Guys, does anyone have any idea about the project "Solaris Apartment" in Sec 75 Noida. From what I know, this is a co-operative and the land is sub-leased from the Gardenia FSI. Googled and found out that Eleven group is associated with it. Any inputs anyone ?

29-09-11	#3
Munish Malhautra Veteran Member Join Date: May 2010 Location: India Posts: 2,934 Likes Received: 142 Likes Given: 5 My Mood:	This land is still not registered and transferred to gardenia. hence it is not advisable to go for it right now, unless u are willing to take risk. we all know that land will get registered some day but when is the question? this is definitely a good proposition compared to builder flats as u save almost 20-25%. __________________ MM

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29-09-11	#2
sanbar New Member Join Date: Jun 2011 Posts: 17 Likes Received: 1 Likes Given: 0 My Mood:	check How safe is APNI Sahkari Awas Samiti (Cooperative Group Housing Society)

01-10-11	#4
ashish.chawl New Member Join Date: Sep 2011 Posts: 2 Likes Received: 0 Likes Given: 0	I have registered in the solaris apartments just a couple of days back. APNI sehkari awas samiti is claiming that it will get the registry done in the month of october (on basis of Gardenia's commitment to them) and they will only start work after getting the registry done. So, in case if registry is not done, you can take your money back, and they will also willingly give back the money- they claim that you don't need to get a buyer yourself and they will take care of your share. Even the loan process will not start before the registry is done, so no burden of loan emi also. My suggestion is, if you can wait for 3-4 years for posession, then I guess it's a good decesion to go for it, else there are other projects in 7X sectors which have made good progress and can deliver in 2 years.

03-01-12	#9
dhanam Member Join Date: Jul 2010 Posts: 446 Likes Received: 15 Likes Given: 18	Hi As per my information still some portion of land is not registered and construction work still not started.Pl. check with them once again.

10-01-12	#10
sk9977 New Member Join Date: Apr 2010 Posts: 10 Likes Received: 0 Likes Given: 0	complete project is sold out builder is not accepting further bookings..however land/plot is not registered yet even in the name of Gardenia-Max-aims....