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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Greater Noida > New Group housings (Supertech,Mahagun etc) in sect-1,4 GN, discuss Pros, cons here
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Old March 11 2010, 10:10 PM   #1
 
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Question New Group housings (Supertech,Mahagun etc) in sect-1,4 GN, discuss Pros, cons here

Hi Friends,
As you must be knowing sector 1,4 of Gr.Noida is adjacent to 119,121 sect of Noida and in midway of Crossing republic way to noida. You must also be knowing that due to GN, builders got land there in quite cheap rates. This is probabbly the biggest reason why Supertech Eco Village ("Roti kapda aur eco village": 50 acre) is offering 2260 per sq ft {=1950+60(Floor PLC 6th floor as average)+ 75(park+road+corner plc)+ 125(1.25c distributed over 1000sqft for cupboards+full modular kitchen)+50 (50K covered parking: corporate offer) } rate inclusive of all EEC,IFMS,EDC,FFC . Damn cheap. Similarly Mahagun, Gaur City(lots of acres in even lesser rates and its selling plots to further small builders) ,Panchsheel hynus(8.5 acre adjacent to supertech) are coming there with same rates over there.
So, I invite brainstormers of this forum ( I insist searchingproperty, sanjeevchoudhry,venkytalks to write too) to discuss pros conns of that location. As per, I dont know anything about it so far.Just have some points in mind:

- Sect-1,4 GN means the authority will be Gr Noida authority instead of noida authority.So does it means no strictness on green area norms etc like indirapuram (Gzbd authority)
- How is the electricity pattern (summer, winters) in GN? As same will be there at that location.
- Any other reasons why flats are being offered so cheap there?
- It will be on halfway of Crossing-republic road connecting noida. So very soon croosings traffic will jam those roads (especially hindon bridge if constructed) like what happen in indirapuram.- seeing the way to that location and sorrounded villages, I dont think it will be livable area for atleast 5yrs.

Please discuss here friends....
 
Old March 11 2010, 10:22 PM   #2
 
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1 Add Gaurs also to the List..

2.
Pros: Cost effective , Better than Crossings (A huge setback for Crossings .....)

Feature wise the Flat Sizes and design are similar to most Projects ..


CONS: What I see that there will be bridge on Hindon connecting to Noida..... This Bridge will surely be used by Crossing guys too as they will avoid NH24..

So there will be heavy Load on the connecting Road as its the only point of contact to enter Noida....

Rest is same like other projects .. waiting time of 3 yrs for area to be livable
 
Old March 13 2010, 09:29 PM   #3
 
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this area is about 8kms from sai baba mandir as measured by car. Sanjeevchaudhry, venky, searchingpropoerty .. please share your expert comments too..
 
Old March 25 2010, 09:13 PM   #4
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Land allotted to them under flexi plans by authority means they have just putted 10%(stake) as earnest money in the land compare to 50% which was in 2006-08.So right now their aim is to sell and only sell ,and if that goes down project will be scrapped or delivered late.

So builders have lesser stake right now ,so the risk is high in those flats....So beware....and have patience and look for the projects in which construction is going on at full swing and bank loan available on down payments right now....
 
Old March 25 2010, 09:26 PM   #5
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Quote:
Originally Posted by amagarwal View Post
Hi Friends,
As you must be knowing sector 1,4 of Gr.Noida is adjacent to 119,121 sect of Noida and in midway of Crossing republic way to noida. You must also be knowing that due to GN, builders got land there in quite cheap rates. This is probabbly the biggest reason why Supertech Eco Village ("Roti kapda aur eco village": 50 acre) is offering 2260 per sq ft {=1950+60(Floor PLC 6th floor as average)+ 75(park+road+corner plc)+ 125(1.25c distributed over 1000sqft for cupboards+full modular kitchen)+50 (50K covered parking: corporate offer) } rate inclusive of all EEC,IFMS,EDC,FFC . Damn cheap. Similarly Mahagun, Gaur City(lots of acres in even lesser rates and its selling plots to further small builders) ,Panchsheel hynus(8.5 acre adjacent to supertech) are coming there with same rates over there.
So, I invite brainstormers of this forum ( I insist searchingproperty, sanjeevchoudhry,venkytalks to write too) to discuss pros conns of that location. As per, I dont know anything about it so far.Just have some points in mind:

- Sect-1,4 GN means the authority will be Gr Noida authority instead of noida authority.So does it means no strictness on green area norms etc like indirapuram (Gzbd authority)
- How is the electricity pattern (summer, winters) in GN? As same will be there at that location.
- Any other reasons why flats are being offered so cheap there?
- It will be on halfway of Crossing-republic road connecting noida. So very soon croosings traffic will jam those roads (especially hindon bridge if constructed) like what happen in indirapuram.- seeing the way to that location and sorrounded villages, I dont think it will be livable area for atleast 5yrs.

Please discuss here friends....
Hi,

First the Bridge is ready and the roads will take almos 2-3 months.

Power situation in Gr Noida Sucks.... have heard the outage is around 14 hours every day but am sure all projects will have power back up for sure.

Gaur might take ages to make the place liveable but if you compare the area to 121.. 117... i see the area to be cheaper at almost the same location (its only a bridge away from 121) the price is HALF of what it is across the road.... its like Ashram and Noida (infact closer)

If I had to recommend I would say Noida Ext is better than 121, 117,119
 
Old March 26 2010, 12:59 AM   #6
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Few points I have observed during my visit to the site:

1. As some of the members have pointed out that the heavy traffic from crossings/Ghaziabad will be a big cons for Noida extn, this problem is also applicable for the projects in sec 121, 120 and 119 as well as for crossings residents.

2. From Sai baba mandir to home 121 is 3.7 kms and from home 121 to Gaur City, it is only 2.3 kms. So, distance wise, it hardly matters whether you go for sec 121/119/120 or,Noida extention.

3. Price is very less in Noida Extn. So here it is a clear winner.

4. One can think of going for ready to move flats in crossings which is close to Noida extn and at almost same price, if one can compromises on GDA over Greater Noida Authority, dumping ground issue, STP etc.

5. Possession of the flats in Noida extn will be fully dependent on how they will be sold. If the projects will be sold, then I don't think there will be any delay in their completion,unless the builder knowingly uses these funds somewhere else.

6. Looking into the response which Gaur and Supertech has got in their initial phases, they should not delay their possession of Phase I. But, never know.

7. As far as staying in that area is concerned after possession if one gets after say 3 years, I don't think there will be any problem. Bcoz, crossings will be habitated in 1 year which is approximately 1 km away towards ghaziabad. And sector 121, 119,120 will be habitated in next 2 yrs which is aroung 2 kms towards Noida from this area. So, in my opinion, there should not be any problem for families staying in Noida extention after 3 yrs.

8. For investors, I think there will not be any immediate gain. They have to wait for at least 3 years for any appreciation. But, looking into the price in which flats are available now in Noida Extn, it will be appreciated after 3 yrs if the builders maintain good construction quality.

9. Noida extn is in a strategic location, which is well connected to NH 24, adjacent to FNG, well connected to Dadri Road & expressway. Over and above it is close to crossings/Ghaziabad and Noida. Most imporatantly, it is near to existing metro station. I think this is enough for making this site a better location.

10. I personally see one major problem for this location. If the water level of Hindon river rises, then it will definitely effect this area.

Note: I am a new member. These are my personal observations. Seniors' comments are most welcome.
 
Old March 26 2010, 02:33 AM   #7
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Quote:
Originally Posted by panigrahy View Post
Few points I have observed during my visit to the site:

1. As some of the members have pointed out that the heavy traffic from crossings/Ghaziabad will be a big cons for Noida extn, this problem is also applicable for the projects in sec 121, 120 and 119 as well as for crossings residents.

2. From Sai baba mandir to home 121 is 3.7 kms and from home 121 to Gaur City, it is only 2.3 kms. So, distance wise, it hardly matters whether you go for sec 121/119/120 or,Noida extention.

3. Price is very less in Noida Extn. So here it is a clear winner.

4. One can think of going for ready to move flats in crossings which is close to Noida extn and at almost same price, if one can compromises on GDA over Greater Noida Authority, dumping ground issue, STP etc.

5. Possession of the flats in Noida extn will be fully dependent on how they will be sold. If the projects will be sold, then I don't think there will be any delay in their completion,unless the builder knowingly uses these funds somewhere else.

6. Looking into the response which Gaur and Supertech has got in their initial phases, they should not delay their possession of Phase I. But, never know.

7. As far as staying in that area is concerned after possession if one gets after say 3 years, I don't think there will be any problem. Bcoz, crossings will be habitated in 1 year which is approximately 1 km away towards ghaziabad. And sector 121, 119,120 will be habitated in next 2 yrs which is aroung 2 kms towards Noida from this area. So, in my opinion, there should not be any problem for families staying in Noida extention after 3 yrs.

8. For investors, I think there will not be any immediate gain. They have to wait for at least 3 years for any appreciation. But, looking into the price in which flats are available now in Noida Extn, it will be appreciated after 3 yrs if the builders maintain good construction quality.

9. Noida extn is in a strategic location, which is well connected to NH 24, adjacent to FNG, well connected to Dadri Road & expressway. Over and above it is close to crossings/Ghaziabad and Noida. Most imporatantly, it is near to existing metro station. I think this is enough for making this site a better location.

10. I personally see one major problem for this location. If the water level of Hindon river rises, then it will definitely effect this area.

Note: I am a new member. These are my personal observations. Seniors' comments are most welcome.
Excellent points panigrahy !!
 
Old March 26 2010, 03:08 PM   #8
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Excellent points pani I agree with most of those
 
Old March 26 2010, 11:09 PM   #9
 
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very rightly elaborated Panigrahy.. just want to add my comment on your 3 points:

comment on your Point 1: yes... so this traffic jam drawback is also applicable for 121,119 sectors. Also you must be knowing, the empty land between noida extn and 119,121 will also open soon.. so more projects there in future...

comment on your Point 2: As measured by my car, its 7.2 km to first chowk of noida-extn from sai baba. After that, 5th avenue of gaur city is 2.5 kms more inside. so its approx 4.5-5 km far from 119.

comment on your Point 9: Metro is nowhere near noida extn (and city center is 10-11 km far). the only DPR report to extend metro is towards gr. noida from city center through 101.... (see other thread of metro)


Quote:
Originally Posted by panigrahy View Post
Few points I have observed during my visit to the site:

1. As some of the members have pointed out that the heavy traffic from crossings/Ghaziabad will be a big cons for Noida extn, this problem is also applicable for the projects in sec 121, 120 and 119 as well as for crossings residents.

2. From Sai baba mandir to home 121 is 3.7 kms and from home 121 to Gaur City, it is only 2.3 kms. So, distance wise, it hardly matters whether you go for sec 121/119/120 or,Noida extention.

3. Price is very less in Noida Extn. So here it is a clear winner.

4. One can think of going for ready to move flats in crossings which is close to Noida extn and at almost same price, if one can compromises on GDA over Greater Noida Authority, dumping ground issue, STP etc.

5. Possession of the flats in Noida extn will be fully dependent on how they will be sold. If the projects will be sold, then I don't think there will be any delay in their completion,unless the builder knowingly uses these funds somewhere else.

6. Looking into the response which Gaur and Supertech has got in their initial phases, they should not delay their possession of Phase I. But, never know.

7. As far as staying in that area is concerned after possession if one gets after say 3 years, I don't think there will be any problem. Bcoz, crossings will be habitated in 1 year which is approximately 1 km away towards ghaziabad. And sector 121, 119,120 will be habitated in next 2 yrs which is aroung 2 kms towards Noida from this area. So, in my opinion, there should not be any problem for families staying in Noida extention after 3 yrs.

8. For investors, I think there will not be any immediate gain. They have to wait for at least 3 years for any appreciation. But, looking into the price in which flats are available now in Noida Extn, it will be appreciated after 3 yrs if the builders maintain good construction quality.

9. Noida extn is in a strategic location, which is well connected to NH 24, adjacent to FNG, well connected to Dadri Road & expressway. Over and above it is close to crossings/Ghaziabad and Noida. Most imporatantly, it is near to existing metro station. I think this is enough for making this site a better location.

10. I personally see one major problem for this location. If the water level of Hindon river rises, then it will definitely effect this area.

Note: I am a new member. These are my personal observations. Seniors' comments are most welcome.
 
Old March 27 2010, 01:32 AM   #10
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comment on your Point 1: yes... so this traffic jam drawback is also applicable for 121,119 sectors. Also you must be knowing, the empty land between noida extn and 119,121 will also open soon.. so more projects there in future...

As per government rules no group housing can come near to river on both side so chances of coming any project between Sector 121 and Gaur city is very less(I don't know exact location distance from both side that's why using word very less instead of impossible)

comment on your Point 2: As measured by my car, its 7.2 km to first chowk of noida-extn from sai baba. After that, 5th avenue of gaur city is 2.5 kms more inside. so its approx 4.5-5 km far from 119.

this is interesting to know that Gaur City will be around 3 Km wide(2.5 Km 5th avenue and atleast 500 meter after that) so that means width of Gaur City should only be 150 meter (3000*150= 4.5 lakh sq meter however they are having 4 lakh sq meter) but they are having 4 group housing(GC1,GC2,GC3 and GC4) in a row as per their master plan so it is little bit strange.
I don't know your source of information but given the above facts, 5th Avenue is not 2.5 Km from corner. I will share the exact distance with all as my friends are having all measurement with them from GaurSons.
 
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