144,405+ Members
   Get Started   Latest Posts Search Today's Posts Mark Forums Read
IREF® Real Estate in India - Property Discussion
IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Noida > Noida expressway - Future trends of rates per Sq/ft.
View Poll Results: In year 2016 , the rates would be in thwe range of
5000 to 6000 Sq/ft 41 14.86%
6000 to 7000 Sq/ft 56 20.29%
7000 to 8000 Sq/ft 64 23.19%
8000 to 9000 Sq/ft 115 41.67%
Voters: 276. You may not vote on this poll

Like Tree60Likes

Reply
 
LinkBack Thread Tools Search this Thread
Old August 24 2012, 12:10 PM   #11
Veteran Member
 
Cookie's Avatar
 
Join Date: Dec 2010
Location: Planet Earth
Posts: 17,265
Likes Received: 2759
Likes Given: 2691
My Mood: Amused
Default

Quote:
Originally Posted by dceite View Post
Noida is not a end user market. Its an investor driven market. Here, UC is more important than RTM.

Hence opening of NE even with huge delay will have adverse affect on NEy.
Oh Then now there is no way comparison at all..
since Noida Expressway has gone far far ahead already
__________________
Thanks
 
Old August 24 2012, 12:16 PM   #12
Senior Member
 
Join Date: Nov 2009
Location: India
Posts: 915
Likes Received: 217
Likes Given: 129
My Mood: Cool
Default

Quote:
Originally Posted by cookie View Post
Oh Then now there is no way comparison at all..
since Noida Expressway has gone far far ahead already
You didn't understand my point.

Property A in NE 3000 psqft with 5 years possession, more closer to Noida city and Metro is more lucrative investment for someone compared to property B in Ney 6000 psqft with 1 year possession.

I hope you understand now.
 
Old August 24 2012, 12:18 PM   #13
New Member
 
Join Date: Jul 2012
Posts: 22
Likes Received: 1
Likes Given: 0
Default

Considering the current situation in Noida, either there is a slowdown or ample suppy of houses nothing is driving the prices down and this will stay imo, but today most of the builders if they are going to launch new tower they are saying they will do it at around 5500 psf so it means the definitely at the end in next 2 years the price will be 6000 PSF atleast in NEy. NE opens up then also I do not see that the price stagnation will affect a lot as once the projects in 137 are ready in next two years then the RTM prices do not appreciate a lot. Eventually it will be based on builder quality and amenities around which will result in appreciation for RTM. So in NEy there is a good chance that by 2016 137 would be at around 7000 psf or higher.
 
Old August 24 2012, 12:21 PM   #14
Veteran Member
 
Cookie's Avatar
 
Join Date: Dec 2010
Location: Planet Earth
Posts: 17,265
Likes Received: 2759
Likes Given: 2691
My Mood: Amused
Default

Quote:
Originally Posted by dceite View Post
You didn't understand my point.

Property A in NE 3000 psqft with 5 years possession, more closer to Noida city and Metro is more lucrative investment for someone compared to property B in Ney 6000 psqft with 1 year possession.

I hope you understand now.
RNE wale Bhai
Expressway investors are already making money and exiting..Its what I meant in my previous post..

Future main kya hoga... SC court knows..
By the way Metro Expressway par bhi proposed hai...

Even though I would say there is no comparison between NE and Eway..
Invest In and rahulchawla5 like this.
 
Old August 24 2012, 12:22 PM   #15
Member
 
dpkmjn2012's Avatar
 
Join Date: Dec 2011
Location: Delhi
Posts: 453
Likes Received: 78
Likes Given: 93
My Mood: Cynical
Default

I am not sure that how many would agree, but I got the same feeling at NH of Noida with regards to Gurgaon NH and though I feel that rates are on higher side (In Gurgaon) there also but why the same could be the case with Noida Eway, in fact many good colleges and schools, even few corporate are already nearby.

one only invest with regards to future which is always debatable but at least assumptions must be have some basis to support one’s decision – Rest is Destiny, Economical / Political changes
 
Old August 24 2012, 12:22 PM   #16
Member
 
Join Date: Aug 2011
Posts: 309
Likes Received: 66
Likes Given: 21
Default

In 2016 the price for RTM will Rs. 10000 sq. ft. while Under Construction will be Rs. 6000-8000 sq. ft.

Reason:
Noida circle rate is now minimum 55000 sq. mt. which means minimum registry value will be Rs. 5112 sq. ft. so Builder will sale more than that actually builder will cost is now for upcoming land Rs.4800 sq. ft. so no builder is able to sell less than 6000 sq. ft.

It's only my POV.....
rakesh_sahu and luvguru like this.
__________________
Future Belongs to Those, Who Believes in the Beauty of Their Dreams.
 
Old August 24 2012, 12:24 PM   #17
Member
 
dpkmjn2012's Avatar
 
Join Date: Dec 2011
Location: Delhi
Posts: 453
Likes Received: 78
Likes Given: 93
My Mood: Cynical
Default

Good catch/Sensible Assumption . . .
 
Old August 24 2012, 01:48 PM   #18
Member
 
Join Date: Nov 2010
Posts: 298
Likes Received: 26
Likes Given: 9
Default

Question has a basic Flaw...... NExpressway is a 23 long stretch:

Jaypee/Unitech GC properties would be around 10-12k
107/110 and nearby properties would be around 7-9k
137/143 would be around 6-8k...
Jaypee Aman and nearby properties will be 4-5k
 
Old August 24 2012, 02:03 PM   #19
Member
 
Join Date: Jun 2012
Posts: 197
Likes Received: 46
Likes Given: 18
My Mood: Cool
Wink

Quote:
Originally Posted by cookie View Post
RNE wale Bhai
Expressway investors are already making money and exiting..Its what I meant in my previous post..

Future main kya hoga... SC court knows..
By the way Metro Expressway par bhi proposed hai...

Even though I would say there is no comparison between NE and Eway..
Agree with Cookie there is no comparison with NoidaExt and NoidaExpressway...

Noida Expressway is gold mine...

Noida Extension will take time to resolve if it is and that too there would be traffic issues there when people start living there 7 years from now only if it resolved. Also metro is proposed on Noida Expressway also....

Its like comparing USA developed with Bangladesh under developed.

Even from my point of Greater Noida sector CHIV is much better than Noida Ext, CHIV has a better connectivity than NE and so open spaces greenery...
 
Old August 24 2012, 03:40 PM   #20
Member
 
dpkmjn2012's Avatar
 
Join Date: Dec 2011
Location: Delhi
Posts: 453
Likes Received: 78
Likes Given: 93
My Mood: Cynical
Icon15

Quote:
Originally Posted by jaideepsr View Post
Question has a basic Flaw...... NExpressway is a 23 long stretch:

Jaypee/Unitech GC properties would be around 10-12k
107/110 and nearby properties would be around 7-9k
137/143 would be around 6-8k...
Jaypee Aman and nearby properties will be 4-5k

All know that its 23 + stretch . . .range from 4 k to 12 k is not practical bro....

Anyways thanks for the reply


Many have opted from 6000 to 7000 and I share the same view . . . anything plus would be a BONUS
 
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
Future of Sector-137,143,168 Expressway Noida
Haldwani: Current and Future Trends
Future of Property Price Trends in Noida?
Noida expressway's projects Future


Tags
expressway, future, noida, noida expressway, rates, sq or ft, trends
".Noida.", ".Uttar Pradesh."India