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Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

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Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

Last updated: May 1 2014
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  • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

    Originally posted by ncr2012 View Post
    नोएडा अथॉरिटी के चेयरमैन, सीईओ को हटाने का आदेश दिया
    Thursday, 08 November 2012 16:41
    ABP News (Star)

    इलाहाबाद/नोएडा: इलाहाबाद हाईकोर्ट ने मनमाने तरीके से ज़मीन आवंटन के आरोप में नोएडा अथॉरिटी के चेयरमैन और सीईओ को हटाने का आदेश दिया है.

    गुरुवार को अदालत ने चेयरमैन और सीईओ को हटाने के साथ ही गड़बड़ी की जांच सीबीआई से कराने का भी आदेश दिया.

    हाईकोर्ट ने कहा कि चेयरमैन राकेश बहादुर और सीईओ संजीव शरण को तत्काल प्रभाव से हटाया जाए और उनकी तैनाती पश्चिमी उत्तर प्रदेश में कहीं भी नहीं की जाए.

    हाईकोर्ट ने ये भी आदेश दिया कि नोएडा अथॉरिटी में साल 2001 से लेकर अब तक ज़मीन आवंटन की गड़बड़ियों के जो भी मामले हैं उनकी सीबीआई से जांच कराई जाए.

    हाईकोर्ट ने यह फैसला माधव निर्माण समाज समिति की याचिका पर सुनाया है.
    --------------------------------------------

    NOIDA: In a major setback to housing projects being developed in Noida, the Allahabad high court on Wednesday passed a judgment imposing stay on 802 acres of land bringing relief to farmers.

    The court also cracked down on the district administration for not complying with the earlier order of categorizing registered and unregistered land in the region. Projects in the areas between Sectors 74 and 79 and Sectors 112 and 119 in Noida are likely to be hampered by the judgment. Thousands of housing units are being developed by at least half a dozen developers in the region.

    The court also ordered the administration not to permit anyone to change the nature of the land and also directed it not to interfere in the peaceful possession of land by farmers. The court passed the order while hearing a bunch of petitions filed by villagers of Noida who claimed that their lands were wrongly possessed by the administration in 1982. The court asked the district magistrate to appear before it on the next date of hearing.

    Speaking to TOI, S D Kautilya, counsel for the petitioners said, "The court has restrained the administration from proceeding in the case. The next date, however, is yet to be fixed and till that time the court has put a stay on 802 acres of land in Noida."

    Explaining the background of the case, Kautilya said, "The case refers to a land deal in which the administration had by mistake acquired the land of farmers who had not sold it. Though the HC had, on October 21, last year directed the then district magistrate to look into the issues of the farmers and solve it within 15 days, the matter could not be resolved."

    The village headman of Sorkha, Naresh Yadav, said that the administration had later filed a false affidavit that the farmers had not turned up for hearing on the fixed date. The court then quashed the petitions after which the farmers approached the court with fresh ones seeking status quo on the said land.

    "The Authority has sold land to builders at Rs 12,000 per sqm, but they have only paid 10% as first part of instalments. If the Authority wants to settle our demands, it can return the instalment amount to the builders and allot the plots to Noida farmers," Yadav said.

    How this news is going to effect Kundli area?
    Zero effect on Sonipat..

    Did NE issue has effect on Sonipat? NO
    Thanks

    Comment


    • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

      Originally posted by cookie View Post
      Zero effect on Sonipat..

      Did NE issue has effect on Sonipat? NO
      Agree but inspite of zero litigation in this area why people have less interest in this area in compair to Noida./NE

      Comment


      • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

        Originally posted by ncr2012 View Post
        Agree but inspite of zero litigation in this area why people have less interest in this area in compair to Noida./NE
        Just because It doesn't enjoy NCR infra like Others NCR cities.
        Thanks

        Comment


        • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

          Originally posted by cookie View Post
          Zero effect on Sonipat..

          Did NE issue has effect on Sonipat? NO
          Imapct is straight on Sonepat. All investor will head towards safe/clear titles locations including Sonepat. Check out links for more details:-

          1) This link has full coverage in pdf for the. Very interesting please open and review.

          https://www.indianrealestateforum.co...621#post116621

          2) This link has screen shot of the news

          http://www.indianrealestateforum.com...7-post455.html

          Comment


          • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

            How many Builders have moved from NE to Sonipat?
            How many projects have been launched by Builders in Sonipat after NE issue?

            We all know Zero..

            Buyer are still investing in NE.
            Thanks

            Comment


            • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

              Originally posted by cookie View Post
              Just because It doesn't enjoy NCR infra like Others NCR cities.
              Yes not only becaus of poor infra. but people has faith in noida builders that they must resolve the problem as done in NE but in kundli the development is very slow and without commitment . If u talk about the progress of development it is only 2 to 3% in last two years. KMP & RGEC has poor progress KGP yet not started and no agency is ready to take its tender,NO job avenews here.SO inspite of dispute people still daring to invest in Noida / NE.
              Last edited November 9 2012, 09:35 PM.

              Comment


              • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                Originally posted by washinton View Post
                Imapct is straight on Sonepat. All investor will head towards safe/clear titles locations including Sonepat. Check out links for more details:-

                1) This link has full coverage in pdf for the. Very interesting please open and review.

                https://www.indianrealestateforum.co...621#post116621

                2) This link has screen shot of the news

                http://www.indianrealestateforum.com...7-post455.html
                That was the news of JUNE 2012.
                Can u pl explain any positive result of this news. Is any new project launched like NE/Noida?
                Is any new builder dares to move here?
                Is any new investor found investing here?
                Even only one or two ads of property dealers of kundli can be found in News papers they also dont want to waste there money in giving ads for kundli.

                Comment


                • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                  Interesting debate going on here. First Both Noida Extn and Kundli have different set of investors due to its location.

                  Secondly, nearly all projects in Kundli are sold out as against Noida Extn where there is more supply than demand.

                  Thirdly, rates in Kundli have increased more than any other part of NCR in last 2 years.

                  KMP expressway, no doubt is a disappointment being overdelayed by 3 years.

                  Comment


                  • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                    Originally posted by ncr2012 View Post
                    That was the news of JUNE 2012.
                    Can u pl explain any positive result of this news. Is any new project launched like NE/Noida?
                    Is any new builder dares to move here?
                    Is any new investor found investing here?
                    Even only one or two ads of property dealers of kundli can be found in News papers they also dont want to waste there money in giving ads for kundli.
                    Kundli does not need advertisement as all projects are sold out. Need to advertise happen in projects which are unsold. I hope that make sense.

                    Comment


                    • Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                      Originally posted by ncr2012 View Post
                      Yes not only becaus of poor infra. but people has faith in noida builders that they must resolve the problem as done in NE but in kundli the development is very slow and without commitment . If u talk about the progress of development it is only 2 to 3% in last two years. KMP & RGEC has poor progress KGP yet not started and no agency is ready to take its tender,NO job avenews here.SO inspite of dispute people still daring to invest in Noida / NE.
                      Delhi Infra also includes Telecommunications and Banking services too which other NCR Cities enjoy but not Sonipat.
                      Thanks

                      Comment

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