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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Greater Noida > Greater Noida Sector 1/2/3 are now on target
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Old May 15 2011, 07:52 PM   #21
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Builder plot is also part of residential category… In Greater Noida.. .you would see mix use of each sector (builder plot & authority schemes) for residential purpose… Most of greater noida sectors are either 100% used for residential purpose from authority’s schemes (XU, Omicron etc ) OR 80:20 ratio of residential schemes & builder plot.

But you can not see any sector which is 100% used for builder plots.. In sector 1/4/16B in Greater Noida (Noida ext).. authority had given approx 80% plots to builders and rest of land is either reserved for village abadi OR other common uses (electricity, road etc).

So that is the issue in Noida ext.. in which authority had sold all land to builders…

Like in sector 2…. Apart from village abadi (Patwari village)… 70% land is for sector 2 plot scheme (RPS0109 scheme) and two plots (15% approx land) were sold to builders (one project is Eross sampoornam and other plot to different builder) so no issue in sector 2.

 
Old May 15 2011, 07:54 PM   #22
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These master plans are just changed as per the whims and fancies of BMW , hence nothing can be said with surity about them AFAIK these master plans i.e of 2031 are still in draft status and yet to be approved , correct me if I am wrong................
 
Old July 20 2012, 03:06 PM   #23
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yes so many new projects launching in recent times !
 
Old July 20 2012, 11:45 PM   #24
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comment i posted in Noida thread (reposting here for knowledge of Noida extn users)

_____________________

heres my reading from the market..have been interacting to some developers in Noida Extn these days for a short small term investment...so am bit in a recci mode...

1. Developers have already raised the priced by 200-300 bucks on an average...prices quoted are in the range of 2500-2700 ps ft..

2. there seems to be a consensus in the market that the approvals shd come sooner than later,,eyes set on the 25th NCR PB meeting...In all likelihood it shd be cleared..

3. FAR TO BE INCREASED TO 3.5 across NOIDA AND GREATER NOIDA..HELL!!! Comforting part is it wont apply to many existing under constrn projects in Noida as they are being forced to obtain the layout approvals for once and all...So on account of this the land prices of GH has also gone up by sweet 20% on an average with almost no land parcel available for developers...NOIDA land is ALREADY EXHAUSTED...IT has become goldmine!

4. We are trying to cut a deal with one of the developers in Noida Extn purely from the investment perspective with a horizon of abt a years time..bit of gamble but surely seems worth it as markets clearly picking up pace in Extn which is visible the moment you enter it...

5. IMO, Sec 117-121 will be hit the hardest in pricing as the NExtn will almost still be 25-30% cheaper to these sectors and with hardly 4-5 kms from these sectors, investors/end users would prefer NEXtn market than others.

6. It wont impact the Noida Expressway prices in particular because of the locational advantage and these properties already getting dearer with limited availabilty...surely it will impact to a certain extent the new launches in Sec 143-150. Sec 78-79 will remain mostly unaffected.

7. Noida Extn will become the hub of the affordable housing as was envisages while being planned during BMW govt. it will mostly house 1-2 bhks with few 3 bhks. LUXURY is a suicide in Noida Extn.

Will have further updates once we cut a deal over the coming weekend!
 
Old July 21 2012, 01:01 AM   #25
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Quote:
Originally Posted by prakashjh24 View Post
comment i posted in Noida thread (reposting here for knowledge of Noida extn users)

_____________________

heres my reading from the market..have been interacting to some developers in Noida Extn these days for a short small term investment...so am bit in a recci mode...

1. Developers have already raised the priced by 200-300 bucks on an average...prices quoted are in the range of 2500-2700 ps ft..

2. there seems to be a consensus in the market that the approvals shd come sooner than later,,eyes set on the 25th NCR PB meeting...In all likelihood it shd be cleared..

3. FAR TO BE INCREASED TO 3.5 across NOIDA AND GREATER NOIDA..HELL!!! Comforting part is it wont apply to many existing under constrn projects in Noida as they are being forced to obtain the layout approvals for once and all...So on account of this the land prices of GH has also gone up by sweet 20% on an average with almost no land parcel available for developers...NOIDA land is ALREADY EXHAUSTED...IT has become goldmine!

4. We are trying to cut a deal with one of the developers in Noida Extn purely from the investment perspective with a horizon of abt a years time..bit of gamble but surely seems worth it as markets clearly picking up pace in Extn which is visible the moment you enter it...

5. IMO, Sec 117-121 will be hit the hardest in pricing as the NExtn will almost still be 25-30% cheaper to these sectors and with hardly 4-5 kms from these sectors, investors/end users would prefer NEXtn market than others.

6. It wont impact the Noida Expressway prices in particular because of the locational advantage and these properties already getting dearer with limited availabilty...surely it will impact to a certain extent the new launches in Sec 143-150. Sec 78-79 will remain mostly unaffected.

7. Noida Extn will become the hub of the affordable housing as was envisages while being planned during BMW govt. it will mostly house 1-2 bhks with few 3 bhks. LUXURY is a suicide in Noida Extn.

Will have further updates once we cut a deal over the coming weekend!



Bhai r u sure NE has maximum 1 or 2 bhk flats? I know most of the builders r focussed

on large size flats e.g. In arihant arden 2bhk flats is 450 while it has 1000 3bhk flats and 20 flats of 4bhk.

Average size of flat is more than 1250 sqf. So pls check ur statement.
 
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