desi_guru

Hi All,

For the last few days I have been looking for investing in property. My main purpose is just investment. I am looking at Delhi/NCR region. My budget is around 25 Lac and have looked at few projects.

I found that 153 Sq Yard residential plot on Yamuna Expressway is witehin my budget. I have following queries:

1. Do member on this forum have any idea about how good this project is?
2. Are there any members on this forum who have invested in this project?
3. What are the land rates offered to you for this project?
4. How does the project look from investment purpose? (2 years down the line)
5. Can someone suggest me an alternative within the budget of 25 lac and good returns?

Thanks very much

visharor

The time horizon for Yamuna ex.way should be minimum 5 years, as per my understanding.

nitinmails

Dear desi Guru

Can you please advise with any contact number or website where we can find further information about these plots.

What rate they are offering for these plots

Cheers

pravinchaudhary

search for Jaypee sports city. Plot rates are around 20k/sq yd.

desi_guru

Hi,

I have an agent who offered me plots at Rs. 15000 p/sq yard on a down payment scheme. If you think we can make a deal with agent and might get offered at cheaper rates.

As per JayPee and other websites on Internet they have to build the racing track near that area by 2011 and they are planning on developing a cricket stadium as well.

I visited Noida yesterday and met an agent who said it might take 15-20 years for Yamuna Expressway to get developed taking examply from Greater Noida as it is still very quite. I hope JayPee Dev proves the agent wrong and price appreciates quickly.

pravinchaudhary

this rate would be basic rate. add other charges nearly 2000/sqyd.

alokgarg

I think agent is correct. generally population and development spreads radially from urban center, which in case of NCR is delhi. so development will come to noida, greater noida, and then sports city in this order only.

simsim

size 153 corner plot is available for close to 31 lacs all linclusive but to be honest i feel prices r on higher side

if one search in greater noida people can get much better deal

cheers

desi_guru

Can you suggest me a genuine dealer in Noida or Greater Noida?

simsim

well i am against investing in plots in that area for that amount but if u want to go for plots i would suggest u to go for greater noida plots or ready to move in flats near pari chowk which i feel is much better option in greater noida as there r enough inventories available at 2000-3000

please visit nri city(greater noida) before taking any decision

cheers