141,453+ 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 Greater Noida > Real Estate Yamuna Expressway > BAD News : HC Stay Orders at Yamuna Expressway 13,000 Authority Plots
Like Tree59Likes

Reply
 
LinkBack Thread Tools Search this Thread
Old October 24 2011, 12:52 PM   #21
Ex-Moderator
 
fritolay_ps's Avatar
 
Join Date: Mar 2010
Location: Singapore
Posts: 12,698
Likes Received: 1680
Likes Given: 765
My Mood: Amused
Default

Sir... you are already "smart" to understand situation

 
Old October 24 2011, 01:02 PM   #22
Veteran Member
 
Join Date: Jul 2011
Posts: 1,111
Likes Received: 126
Likes Given: 50
Default

Quote:
Originally Posted by fritolay_ps View Post
Sir... you are already "smart" to understand situation
Kahan sir, aapse bahut kuch seekh raha hoon.
 
Old October 24 2011, 02:36 PM   #23
Veteran Member
 
Magadh_Pride's Avatar
 
Join Date: Dec 2010
Posts: 2,847
Likes Received: 627
Likes Given: 417
My Mood: Angelic
Default We need a bitter pill to curb blind speculation....

While I agree to some extend about the Planning board waking up suddenly after 2 years, you also have to see the psyche of people who supposedly "invest" in such jungle areas....

... Do you really think anyone who applied for either YEIDA or pvt builder plots is an end user?

... Will any sensible person buy a plot even without seeing the site and knowing that nearest soul lives 25 kms away

... Who and why do people buy plots in such areas hyped by golf course and river and lakes and what not. Do they really want to build their "holiday homes" in a 100 yard plot?

... Why do people think YEIDA will develop when GNIDA has not

.... Where are jobs and commercial activity to drive all of this? F1? Night safari? Airport??

Come on guys, give us a break !

This is just speculative behavior and blind greed. No other reason can justify this. And its important to realise that if greed can take you up, it can also wipe out one's savings.

This is very different from RNE or NEx situation where real users with dreams in their eyes bought and and had reasons to believe they would live there....

It may seem harsh, but not too many tears will be shed for such "investors" even if such schemes are completely scrapped..
 
Old October 24 2011, 03:05 PM   #24
Member
 
sbsbpo's Avatar
 
Join Date: Apr 2011
Posts: 466
Likes Received: 31
Likes Given: 29
My Mood: Amazed
Default

> The plots were launched at a price of 4750 per sq metre. This was 25% of price of Greater Noida and less than 10% of Noida and less than 1% of Delhi's price. We have people across price bands who need a home.

> The country needs infrastructure. It takes the same time to reach YEA sectors (sports City) as it does to reach GN. One can get to DND in about 30 minutes.

> Top class universities are coming up (GBU, NIU etc).

> Its important for the country to leverage this important infrastructure to develop a urban community




Quote:
Originally Posted by Magadh_Pride View Post
While I agree to some extend about the Planning board waking up suddenly after 2 years, you also have to see the psyche of people who supposedly "invest" in such jungle areas....

... Do you really think anyone who applied for either YEIDA or pvt builder plots is an end user?

... Will any sensible person buy a plot even without seeing the site and knowing that nearest soul lives 25 kms away

... Who and why do people buy plots in such areas hyped by golf course and river and lakes and what not. Do they really want to build their "holiday homes" in a 100 yard plot?

... Why do people think YEIDA will develop when GNIDA has not

.... Where are jobs and commercial activity to drive all of this? F1? Night safari? Airport??

Come on guys, give us a break !

This is just speculative behavior and blind greed. No other reason can justify this. And its important to realise that if greed can take you up, it can also wipe out one's savings.

This is very different from RNE or NEx situation where real users with dreams in their eyes bought and and had reasons to believe they would live there....

It may seem harsh, but not too many tears will be shed for such "investors" even if such schemes are completely scrapped..
__________________
SBS
 
Old October 24 2011, 03:16 PM   #25
New Member
 
Join Date: Jul 2011
Posts: 38
Likes Received: 4
Likes Given: 2
Default

Quote:
Originally Posted by Magadh_Pride View Post
While I agree to some extend about the Planning board waking up suddenly after 2 years, you also have to see the psyche of people who supposedly "invest" in such jungle areas....

... Do you really think anyone who applied for either YEIDA or pvt builder plots is an end user?

... Will any sensible person buy a plot even without seeing the site and knowing that nearest soul lives 25 kms away

... Who and why do people buy plots in such areas hyped by golf course and river and lakes and what not. Do they really want to build their "holiday homes" in a 100 yard plot?

... Why do people think YEIDA will develop when GNIDA has not

.... Where are jobs and commercial activity to drive all of this? F1? Night safari? Airport??

Come on guys, give us a break !

This is just speculative behavior and blind greed. No other reason can justify this. And its important to realise that if greed can take you up, it can also wipe out one's savings.

This is very different from RNE or NEx situation where real users with dreams in their eyes bought and and had reasons to believe they would live there....

It may seem harsh, but not too many tears will be shed for such "investors" even if such schemes are completely scrapped..
It may seem harsh but totally disagree with your comments. So where would you suggest to invest with ur lesser greed?
 
Old October 24 2011, 03:45 PM   #26
Member
 
Join Date: Jul 2009
Posts: 53
Likes Received: 0
Likes Given: 0
Default

Magadh Sir,

Can you please throw some insight into where else to get a 153yards plot
within 30.0 Lakhs ?

Greed is one aspect, but I am unable to find anyother option to build
an independent house within my budget which is not in crores.

I think one simple logic is the further you go, the cheaper things may be
and yes, it can add to risk if the Govt. or the State Authorities screws it
up.

Not sure, how an investor is to be blamed here ?

tks,
-V


Quote:
Originally Posted by Magadh_Pride View Post
While I agree to some extend about the Planning board waking up suddenly after 2 years, you also have to see the psyche of people who supposedly "invest" in such jungle areas....

... Do you really think anyone who applied for either YEIDA or pvt builder plots is an end user?

... Will any sensible person buy a plot even without seeing the site and knowing that nearest soul lives 25 kms away

... Who and why do people buy plots in such areas hyped by golf course and river and lakes and what not. Do they really want to build their "holiday homes" in a 100 yard plot?

... Why do people think YEIDA will develop when GNIDA has not

.... Where are jobs and commercial activity to drive all of this? F1? Night safari? Airport??

Come on guys, give us a break !

This is just speculative behavior and blind greed. No other reason can justify this. And its important to realise that if greed can take you up, it can also wipe out one's savings.

This is very different from RNE or NEx situation where real users with dreams in their eyes bought and and had reasons to believe they would live there....

It may seem harsh, but not too many tears will be shed for such "investors" even if such schemes are completely scrapped..
 
Old October 24 2011, 03:47 PM   #27
Veteran Member
 
Magadh_Pride's Avatar
 
Join Date: Dec 2010
Posts: 2,847
Likes Received: 627
Likes Given: 417
My Mood: Angelic
Default

Can you please come up with some objective points or rebuttals for what I have posted?

Else, I why should anyone be shedding tears for so called "investors" with unlimited greed..bab20 45


Quote:
Originally Posted by Vinkum View Post
It may seem harsh but totally disagree with your comments. So where would you suggest to invest with ur lesser greed?
 
Old October 24 2011, 03:51 PM   #28
Veteran Member
 
Magadh_Pride's Avatar
 
Join Date: Dec 2010
Posts: 2,847
Likes Received: 627
Likes Given: 417
My Mood: Angelic
Default

I dont understand why people are "convinced" about YEIDA beating GNIDA in habitation, facilities and quality of life. Why would people pay upwards of 20k psm in YEway locations when developed sectors areas in GNIDA are available at 15-20 k psm !!

If this is not speculation and greed, then what is it??


Quote:
Originally Posted by vlsingr View Post
Magadh Sir,

Can you please throw some insight into where else to get a 153yards plot
within 30.0 Lakhs ?

Greed is one aspect, but I am unable to find anyother option to build
an independent house within my budget which is not in crores.

I think one simple logic is the further you go, the cheaper things may be
and yes, it can add to risk if the Govt. or the State Authorities screws it
up.

Not sure, how an investor is to be blamed here ?

tks,
-V
 
Old October 24 2011, 03:52 PM   #29
Veteran Member
 
Magadh_Pride's Avatar
 
Join Date: Dec 2010
Posts: 2,847
Likes Received: 627
Likes Given: 417
My Mood: Angelic
Default Disclaimer

Before you start attacking me, I am no GNIDA broker please

Just trying to have a healthy discussion with people who can bring forward sensible points to have one !
 
Old October 24 2011, 04:15 PM   #30
Member
 
Join Date: Jul 2009
Posts: 53
Likes Received: 0
Likes Given: 0
Default

Agreed Magadh, if this really is the case.

Please quote few Pvt. Builder sectors in GNIDA, with plots available at
14K per sq. yard in all check payment.

I would be happy to opt for the same .

-V

Quote:
Originally Posted by Magadh_Pride View Post
I dont understand why people are "convinced" about YEIDA beating GNIDA in habitation, facilities and quality of life. Why would people pay upwards of 20k psm in YEway locations when developed sectors areas in GNIDA are available at 15-20 k psm !!

If this is not speculation and greed, then what is it??
 
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
Yamuna Expressway Industrial Development Authority industrial plots Scheme
New scheme for residential plots from Yamuna Expressway authority?
2 BAD NEWS - HC Orders CBI Inquiry Against Noida Authority , Put Stay at HUGE 802 Acres Land in Noida
Yamuna Expressway: Allotment of Authority Plots Cancelled
Yamuna Expressway Authority plots vs Jaypee plots


Tags
realty, township, trouble, yamuna
".Yamuna Expressway.", ".Uttar Pradesh."India