Just saw the confirmed news on Zee TV that the Allahabad HC has STAYED ON CONSTRUCTION in Sector 1, Greater Noida (This is the Noida Extension Area). Many builders projects, including Supertech Eco Village 1 are under construction here. Thousands of buyers will be effected.

This has given way to a new dimension to the fight for land. I would rather say it is virtuyally a Doomsday for the NOIDA investors.
It is just a beginning, and many fresh Stay Orders will start pouring in. Investors should just keep away from Noida. NO NOIDA SECTORS (NEW, including 7.x and 100.x, gnida and YEA) ARE IMMUNE NOW! JUST KEEP AWAY FROM THEM.

IT IS MY ESTIMATE THAT IT WILL BE YEARS BEFORE THE SITUATION CAN BE RESOLVED. IT MAY TAKE EASILY 10-15 YEARS FOR THE LEGAL BATTLES TO END AND CONSTRUCTION COST WILL GO MANYFOLDS BY THEN - AND BUILDERS MAY NOT SUSTAIN THE PROJECTS FOR THAT LONG AT ANY COST.

For those people who have taken loan (for officially announced litigated properties UNDER STAY), the best will be to talk and start NEGOTIATING with the banks. For others, try to hold the further payments to the builder whose properties are in litigation and awaiting "DATES OF HEARING" (All dates of hearings are important now, because there are now much greater chances that with the hearing dates, HC will put stay order on construction on these properties).
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  • All in the well!!!
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  • There is still time! you can start even now!
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  • Protests at noida 7X sectors

    Just read news reports in HT. yesterday protest was a damp squib!!. Farmers of 7X sectors just have "one demand"- they should be given their plots under 5% abadi". Noida authority has given plots only to those farmers who did no unauthorized constuction on their land(around 30%) rest 70% farmers are still awaiting for their plots. This case is entirely different from NE where farmers had not even accepted the money being offered by GNIDA. So please stop spreading unnecassary panic and also BMW can't afford any other mess in NOIDA so all those who have bought flats in 7X relax there is no need to listen to rumors and get panicky.

    :)
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  • Dear Investors,

    There is a program organized by on 22nd JULY (i.e. today) AT 7 PM by AAJ TAK
    at GOLF HOMES, SITE OFFICE

    And there is a meeting on Sunday 24th July at 2 pm GOLE CHAKKAR. The Investors are gathering in huge numbers. But we need more and more people to join.

    Please circulate this information. We need support. This issue is spreading like fire and in today's papers it states that its reaching Greater Noida and Noida too. Please we need support! We all need to be together before the our dreams are ruined, shattered and smashed!!!

    My sincere request to people whose projects are not under dispute right now to also come forward for support. We cant see entire Noida doomed!!

    Please put this information on yahoo groups also. We need to be united like farmers. This is the last chance to save our dream home. After 26th, we can fight for refund if required but this is last time we can save our home!! Please be there! Lets at least give it a last shot!
    Thanks....
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