Hi

I want to buy a 250 sq. yard plot in BPTP sector - 85, Faridabad for personal use. Can any body tell me that how much time this area will take to develop so that I can build on it? I have also heard that EDC & IDC has been increased by Rs. 1100/- per sq. yard which was before Rs. 1470/- per sq. yard. So should I invest or not? Please suggest.


Thanks
Alok Chauhan
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  • Originally Posted by mkvmukesh
    Even I like pe but didn't get a registry case there if anyone has then I will be happy to taalk

    hi Mukesh

    Please PM me if you have any good deal in 50-52 in J block or 50 in PE block
    i am also searching for good option for long term in good and releasable block in BPTP
    Ajay
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  • Prices will not improve... 72 more sectors coming... half of which are residential. Prices will decrease further
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  • Originally Posted by vireshsangwan
    Prices will not improve... 72 more sectors coming... half of which are residential. Prices will decrease further


    i think that kitna kam ho sakta hai ?
    bhai free to nahi batnee wale .......................... as u see the rates in developed parts of faridabad is around 70000 to 100000 per sq yard so my thinking is if the property rates crash in whole delhi-ncr then G faridabad plots rates will not suffer more because development is coming here , four Bridges construction is in full swing , master road will give a great connectivity, possession in elite floors and GH societies is already giving a habitation and more than 10000 possession are coming in 2010. all basic infra like sewage , water and electricity ,tenders are out , five petrol pumps and two cng station are also coming so give some more time if u want to ur investments . there are no buyers in fresh bookings GAUR is paying about 15 % commission to brokers but fir bhi bechna mushkil hai. it is all about time.
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  • Originally Posted by mkvmukesh
    they may quote (55-65) as they like but seller easily agrees at this (insider info)

    Yogesh Bhai
    What you say are seller agree on 7-10% less price which are currently quoted in market
    and do PF block have any issue or concern

    Thanks
    Ajay
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  • Originally Posted by ajay1000
    Yogesh Bhai
    What you say are seller agree on 7-10% less price which are currently quoted in market
    and do PF block have any issue or concern

    Thanks
    Ajay


    yes 5-10 percent is not a big difference because of slow down in reality prices many people want to exit because real estate is giving negative returns from last 18 months in whole NCR but developing area is growing slowly .
    u can get a plot in about 14 to 17 thousand per sq yard in PE (sector 77) and PF block(sector 78) but the main concern is court case and of DD group and new age developers (bptp)
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  • Originally Posted by vireshsangwan
    Prices will not improve... 72 more sectors coming... half of which are residential. Prices will decrease further


    do u think that new sectors will offered below current market price of bptp plots . if yes than u are not right. the current market price of land in neharpar villages is about 2.5 crores per acre (upcoming sectors) means developer have to invest about 250 crore in land (100 acres) in which he get about 900 plots of 250 sq yard (55 % land can used) and 180 plots of 60 sq yard ews and he has to give 25% plots in no profit no loss category .
    bhai jaan plotted development in haryana is a mess there are more than 100 rules for plotted development so forget that some one can give u plot in less than 25000 plus other charges in new licensed colonies. current G faridabad ko 7 years lag gaye licence dene ke baad so how can u think for those sector where Govt is still thinking to draft the master plan of new greater faridabad current market condition is stopping huda to launch there plots schemes .
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  • Press Trust of India | Chandigarh December 9, 2013 Last Updated at 21:56 IST

    Haryana approves development plan for Faridabad-Ballabhgarh




    The Haryana Town and Country Planning Department today approved the Draft Development Plan for Faridabad-Ballabhgarh urban conglomerate for 2031.

    The plan for Faridabad-Ballabhgarh Complex has been drafted for a projected population of 41.44 lakh with an area of 34,368 hectares for urbanisation, a meeting, chaired by Haryana Chief Minister Bhupiner Singh Hooda, was told.

    Out of the total area, 14,418 hectares has been kept for residential purpose and 5,805 hectares for industries.

    Similarly, 1,882 hectares has been set aside for commercial purpose, 4,403 for transport and communication, 1,340 for public and semi-public uses, 427 for public utility, 5,532 for parks and green belts and 561 hectares for special zone, an official release said.

    Hooda was told that as per the present plan a total of 180 sectors has been envisaged and with a sector density of 300 Persons Per Hectare (PPH) in the urban areas, and four sectors have been proposed with 600 PPH and eight pockets of 25 hectares each in eight sectors to facilitate the provision of housing for low-income group with a density of 1,125 PPH.

    The Chief Minister was also told that there would be sufficient green buffers between industrial and residential areas. Apart from this, all the town level infrastructure facilities have been earmarked in the plan.

    The outer periphery roads have been proposed as 90 meter wide with 30 meter wide green belt on both sides. All the sector dividing roads in the newly-proposed urban area have been proposed as 60 meter width with 12 meter wide service roads on both sides.

    Similarly, some major roads have been proposed as 75 meter width with 30 meter wide green belt on both sides. A golf course would also be constructed on Delhi road.

    Hooda was told that several projects, including Eastern Peripheral Expressway, Orbital Rail Corridor, Dedicated Freight Corridor and Metro Rail, will boost development. An additional link has also been proposed to Noida which will be part of Faridabad-Noida-Ghaziabad connectivity.
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  • Originally Posted by yogesh98712
    yes 5-10 percent is not a big difference because of slow down in reality prices many people want to exit because real estate is giving negative returns from last 18 months in whole NCR but developing area is growing slowly .
    u can get a plot in about 14 to 17 thousand per sq yard in PE (sector 77) and PF block(sector 78) but the main concern is court case and of DD group and new age developers (bptp)


    Yogesh bhai Thanks for your reply , what is on going rate for J block can i get plot in AI : 50-52 out there,
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  • Originally Posted by ajay1000
    Yogesh bhai Thanks for your reply , what is on going rate for J block can i get plot in AI : 50-52 out there,


    not possible in J block u have to spend about 63-64 lacs means 50-51 lacs (minimum for south facing or T point plots) for BSP 10 lacs for development charges(EDC+IDC+STP ) about 1 lacs for transfer charges and another 3-4 lacs for registry (if demanded ) plus brokerage of minimum 50000 rs
    but u can try in some other blocks in phase 3 of PE and PF.
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  • Originally Posted by yogesh98712
    not possible in J block u have to spend about 63-64 lacs means 50-51 lacs (minimum for south facing or T point plots) for BSP 10 lacs for development charges(EDC+IDC+STP ) about 1 lacs for transfer charges and another 3-4 lacs for registry (if demanded ) plus brokerage of minimum 50000 rs
    but u can try in some other blocks in phase 3 of PE and PF.

    But you told that PE PF have court case so better to avoid right
    thanks for ur help yogesh bhai
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  • Hi Guys,

    Please advise if there are registered plots available for sale. also what is the current price trend for plots in each sector and loan that can be availed to buy them. Also considering present situation, how long will it take for the plots to be habitable... thanks.
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  • Originally Posted by riteshun
    Hi Guys,

    Please advise if there are registered plots available for sale. also what is the current price trend for plots in each sector and loan that can be availed to buy them. Also considering present situation, how long will it take for the plots to be habitable... thanks.


    Minimum 4 years to habitable
    in phase 1 many are registered
    J B A blocks are best many are registered
    in J block price is around 64 to 66 for good plots( as far as i know )
    B block 65 to 68 ( as far i know )
    all inclusive
    u can get loan
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  • Originally Posted by abhay
    Minimum 4 years to habitable
    in phase 1 many are registered
    J B A blocks are best many are registered
    in J block price is around 64 to 66 for good plots( as far as i know )
    B block 65 to 68 ( as far i know )
    all inclusive
    u can get loan



    Thanks for the information...
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  • Originally Posted by ajay1000
    But you told that PE PF have court case so better to avoid right
    thanks for ur help yogesh bhai


    case is going on but very low chances for bptp to loose this case as they have suffecient proof and now the licence has also transferred in the name of bptp company.
    if bptp loose company has to shift these plots holders in some other block and pf block(sector 78) is under the licence of new age india developer (bptp) u can try in some phase 3 blocks or can try in B block where u can find a plot in about 20000 per sq yard (bsp)
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  • Yogesh ji I think I hv met u in person I suppose u r yogesh gupta working as broker in bptp area.correct me if I m wrong
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