Noida Extension Buyers Take on Builders

Home buyers who have invested in Noida Extension Real Estate projects are connecting online through discussion forums, facebook and other websites to vent out frustration against the builder lobby. Almost 100 people have signed up as members of a Facebook group that calls itself, 'Noida Extension Owners and Members Association'. The members include professionals from all walks of life.

NEOMA - Noida Extension Owners And Members Association is Noida extension owners and member association. The purpose and objective of NEOMA is to keep updated to all the Future residents of the Noida /Noida Ext. based on the users feedback. User can make their decision, owners can raise their voice in case of any issues.

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Supreme Court - Noida Extension News

Guyz look at Zee news. Noida extn ko rahat nahi....

नोएडा एक्सटेंशन को नंदीग्राम बनते नहीं देख सकते: SC

*नई दिल्ली। *सुप्रीम कोर्ट ने आज नोएडा एक्सटेंशन जमीन अधिग्रहण मामले में कहा
कि नोएडा एक्सटेंशन को दूसरा नंदीग्राम नहीं बनने दिया जाएगा। कोर्ट ने अपनी
टिप्पणी में कहा कि सरकार को जमीन अधिग्रहण को लेकर अपनी मानसिकता बदलनी होगी।

सुप्रीम कोर्ट ने उत्तर प्रदेश सरकार से पूछा कि खेती की जमीन अधिग्रहण करने से
पहले क्या इस बात की कोशिश की गई कि बंजर जमीन का अधिग्रहण पहले किया जाए। इस
दौरान कोर्ट में सरकार और किसानों के तरफ के पक्ष कोर्ट में मौजूद थे। सुप्रीम
कोर्ट ने इस मामले की जल्द सुनवाई करने से इंकार करते हुए कहा कि इसकी सुनवाई 5
जुलाई को होगी।Guyz look at Zee news. Noida extn ko rahat nahi....

नोएडा एक्सटेंशन को नंदीग्राम बनते नहीं देख सकते: SC

*नई दिल्ली। *सुप्रीम कोर्ट ने आज नोएडा एक्सटेंशन जमीन अधिग्रहण मामले में कहा
कि नोएडा एक्सटेंशन को दूसरा नंदीग्राम नहीं बनने दिया जाएगा। कोर्ट ने अपनी
टिप्पणी में कहा कि सरकार को जमीन अधिग्रहण को लेकर अपनी मानसिकता बदलनी होगी।

सुप्रीम कोर्ट ने उत्तर प्रदेश सरकार से पूछा कि खेती की जमीन अधिग्रहण करने से
पहले क्या इस बात की कोशिश की गई कि बंजर जमीन का अधिग्रहण पहले किया जाए। इस
दौरान कोर्ट में सरकार और किसानों के तरफ के पक्ष कोर्ट में मौजूद थे। सुप्रीम
कोर्ट ने इस मामले की जल्द सुनवाई करने से इंकार करते हुए कहा कि इसकी सुनवाई 5
जुलाई को होगी।Guyz look at Zee news. Noida extn ko rahat nahi....

नोएडा एक्सटेंशन को नंदीग्राम बनते नहीं देख सकते: SC

*नई दिल्ली। *सुप्रीम कोर्ट ने आज नोएडा एक्सटेंशन जमीन अधिग्रहण मामले में कहा
कि नोएडा एक्सटेंशन को दूसरा नंदीग्राम नहीं बनने दिया जाएगा। कोर्ट ने अपनी
टिप्पणी में कहा कि सरकार को जमीन अधिग्रहण को लेकर अपनी मानसिकता बदलनी होगी।

सुप्रीम कोर्ट ने उत्तर प्रदेश सरकार से पूछा कि खेती की जमीन अधिग्रहण करने से
पहले क्या इस बात की कोशिश की गई कि बंजर जमीन का अधिग्रहण पहले किया जाए। इस
दौरान कोर्ट में सरकार और किसानों के तरफ के पक्ष कोर्ट में मौजूद थे। सुप्रीम
कोर्ट ने इस मामले की जल्द सुनवाई करने से इंकार करते हुए कहा कि इसकी सुनवाई 5
जुलाई को होगी।
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  • नोएडा एक्सटेंशन पर माया सरकार को झटका, याचिका रद्द
    6 Jul 2011, 1416 hrs IST,नवभारतटाइम्स.कॉम

    Navbharat Times - 'नोएडा एक्स. में बन रहीं इमारतों को गिराना होगा' 6 Jul 2011, 1416 hrs IST,नवभारतटाइम्स.कॉम

    नई दिल्ली।। भूमि अधिग्रहण मामले में उत्तर प्रदेश की माया सरकार को एक और झटका लगा है। सुप्रीम कोर्ट ने नोएडा एक्सटेंशन पर इलाहबाद हाई कोर्ट के फैसले को चुनौती देने वाली ग्रेटर नोएडा अथॉरिटी और बिल्डरों की याचिका को रद्द कर दिया है। कोर्ट ने इलाहबाद हाई कोर्ट का फैसला बरकरार रखा है।

    कोर्ट ने अधिग्रहण की प्रक्रिया को अवैध बताते हुए शाहबेरी, सूरजपूर, गुलिस्तापुर और जलालपुर के किसानों को उनकी जमीन लौटाने का निर्देश दिया है। कोर्ट ने इन गांवों की जमीन पर बनाई गई निर्माणाधीन इमारतों को गिराने को भी कहा है।

    जस्टिस जी. एस. सिंघवी और ए. के. गांगुली की बेंच ने कहा कि ग्रेटर नोएडा विकास प्राधिकरण ने नियमों का पूरी तरह उल्लंघन कर बिल्डरों को जमीन दी है, जबकि भूमि का अधिग्रहण करने की वजह कुछ और बताई गई थी। बेंच ने यह भी कहा कि सरकार के भूमि को औद्योगिक से रिहायशी उपयोग में बदलने को मंजूरी देने से पहले ही प्राधिकरण ने उसे बिल्डरों को दे दिया था। गौरतलब है कि इन गांवों की 156 हेक्टेयर जमीन पर आम्रपाली, सुपरटेक, महागुन, अजनारा समेत 7 बिल्डरों के प्रोजेक्ट चल रहे हैं।

    कोर्ट ने ग्रेटर नोएडा अथॉरिटी पर 10 लाख रुपये का जुर्माना भी लगाया है। उधर, कोर्ट से फैसले से बेहद खुश किसानों ने कहा कि उन्हें न्याय मिल गया है। उन्होंने कहा कि सरकार अगर वहां इंडस्ट्री लगाने की बात भी करती है तब भी वह अपनी जमीन नहीं देंगे।

    गौरतलब है कि इलाहाबाद हाई कोर्ट ने ग्रेटर नोएडा के शाहबेरी, सूरजपुर और गुलिस्तानपुर, जलालपुर के जमीन अधिग्रहण को रद्द कर दिया था। इस फैसले को ग्रेटर नोएडा औद्योगिक विकास प्राधिकरण और बिल्डरों ने सुप्रीम कोर्ट में चुनौती दी है।

    सुप्रीम कोर्ट ने बुधवार को सुनवाई के दौरान अपनी मौखिक टिप्पणी में यूपी सरकार को उसकी भूमि अधिग्रहण पॉलिसी पर जमकर फटकार लगाई थी। कोर्ट ने कहा था खि आम लोगों के अधिकारों की रक्षा करनी चाहिए, लेकिन यह नहीं हो रहा। आप मल्टीप्लेक्स और मॉल के लिए जमीन का अधिग्रहण कर रहे हैं। यह नीति जनता के खिलाफ है।

    Originally Posted by stpdcomonman
    I also read the news. There is no mention of construction done till date to be demolished.
    CommentQuote
  • Originally Posted by pravinchaudhary
    sahi bole buffet sahab. bhag lo... are lekin ye batana bhool gaye, ki sirf greater faridabad me hi bhaagna. kyonki noida ke ready to move me bhi problems aayegi, court unhe girane ka order dega. rufsh to greater faridabad and and grab whaterver you can before the opportunity vanishes!

    run forest run!

    Well - greater faridabad was my pick in 2009 and 2010, I do have vested interest there - I never denied that - Yes the naharpar area is NOT livable till 2013 - I have mentioned this in nearly all of the related posts - But the question is how far is 2013 ???? the land acquisition for roads are complete and it is because of the CM of Haryana that EDC funds were diverted to his home town - well that happens -

    however this does not mean that the scheduled work will never happen - the urban development ministry is already on top of it - With this Noida Fiasco - what options are left ?? Gaziabad ? Raj Nagar ? Vashundhara ? Vaishali ? well all these area is under UP and has already got interest from people who want to live in UP

    Other options ? Gurgaon ? Manesar ? Bhiwadi ? Daruhera ? - well too expensive compared to the price what Noida XXX was last selling

    Now what ?

    Delhi ? Well always the first choice but where ? Dwarka ? Rohini ? too expensive - that leaves with the choice of unauthorised colonies or builder floors - again in most of cases here banks loans are not available and black money amount is huge ? how many of IT guys the major customer of Noida XXx has that kind of cash and risk appetite ?

    So what is left ? Soni pet and Faridabad ?

    No comment on Sonipet - but Faridabad still offers value for money - agreed that the roads are not as good as noida xxx gr noida but there are other points which offsets the road issue - the biggest is crime rate - UP is famous for ??????? well

    I would leave people to think once again about Noida EXX Gr Noida

    Rohit
    CommentQuote
  • Now its good that you have left decision upto junta. So i dont think you should be too happy about Noida EXTENSIOn fiasco.
    Regarding choices left. Choices are a plenty. Just broaden your horizon and you will still find that a lot of options still left in Noida sectors, Expressway and Greater Noida (not NE).
    RIP.
    CommentQuote
  • worst situation for NE...
    but here comes a question in my mind - SC has asked NA to give back the lands to the farmers of Shahberi village but as far as i know there are many farmers who have received compensation from NA and in big amounts and i believe they would have spent like crazy on Bolero, daru, kothi and ladki....assuming thay they will have no money to give it back to NA......so if they still want to continue with NA with their land with the same terms & conditions on which it was settled..then what would happen???
    Would NA agree to them for keeping their land with the builders in this case so that atleast some area from this disputed land could be declared clean....
    what's ur take guys??
    CommentQuote
  • cases were filled by farmers who didn't take money from govt. so I don't think that will be issue here. what will be interesting to see is authority's next step. if it declares whole area non-residential now , then farmers will be screwed too. they will have to either farm on this land or sell it as illegal plots. land value will be much less in both options. but one thing for sure, value for whole noida extension will definitely go down.
    Originally Posted by kumar13
    worst situation for NE...
    but here comes a question in my mind - SC has asked NA to give back the lands to the farmers of Shahberi village but as far as i know there are many farmers who have received compensation from NA and in big amounts and i believe they would have spent like crazy on Bolero, daru, kothi and ladki....assuming thay they will have no money to give it back to NA......so if they still want to continue with NA with their land with the same terms & conditions on which it was settled..then what would happen???
    Would NA agree to them for keeping their land with the builders in this case so that atleast some area from this disputed land could be declared clean....
    what's ur take guys??
    CommentQuote
  • Plz dont bash the poor farmers. understand their psyche, land is their mother and the only source of their living, this doesnt hold true for most of us here. For us land is an investment, place to stay and for some of us its small part of net worth, definitely not a source of our living and thats it.
    Yes there are some farmers who have other motives but not all of them.

    The issue is that in all this mayhem the guy who is suffering is the farmer, aam admi and to some extent builders.
    Authority, babu and bmw has already filled their pockets and washed off their hands.
    CommentQuote
  • After SC decision, I don't think there is going to be any type of residence in NE. If farmers or NA try to do something like this then some one else can file a petition and it would be difficult for farmers/NA to justify selling the land after the first decision of SC. Same goes for farmers selling directly to builders - NA is not allowed to approve that area residential so there won't be any utilities there.


    After this decision, investors/end-users should just get back their invested money and invest somewhere else safe. Builders have little negotiating power right now to hold-on to the booking amount.

    As far as other areas are concerned then people would go anywhere they see safety and good return. Lot of NE buyers would go to other sectors of Noida and Ghzbd, while few others would start looking in the Gurgaon area and in that too affordable investors would go and pick Bhiwadi.
    CommentQuote
  • Originally Posted by alokgarg
    cases were filled by farmers who didn't take money from govt. so I don't think that will be issue here. what will be interesting to see is authority's next step. if it declares whole area non-residential now , then farmers will be screwed too. they will have to either farm on this land or sell it as illegal plots. land value will be much less in both options. but one thing for sure, value for whole noida extension will definitely go down.

    but then its gonna be total chaos in this village where some land is clean and some land has to be given back to the farmers...and what if some piece of disputed land comes right in the center of any builder project whereas the adjacent piece of land from all sides is clean which also form a part of his project...what is the situation there?
    and i guess if NA will give it back to farmers then they will give it back completely to them..and declare it as a farm land for the next 100 years...which will bring tears in eyes of so called innocent farmers whoc took this gample to get some extra money but land in making loss for them when there is no sale of land...

    but i think it will be a lesson too for the rest of the farmers of NE, NEXP way, or Noida 7xx sector farmers to keep quite and not to create any problem for authority, builder and them as well if they ring the same bell for extra compensation...
    CommentQuote
  • Originally Posted by Munish Malhautra
    Plz dont bash the poor farmers. understand their psyche, land is their mother and the only source of their living, this doesnt hold true for most of us here. For us land is an investment, place to stay and for some of us its small part of net worth, definitely not a source of our living and thats it.
    Yes there are some farmers who have other motives but not all of them.

    The issue is that in all this mayhem the guy who is suffering is the farmer, aam admi and to some extent builders.
    Authority, babu and bmw has already filled their pockets and washed off their hands.


    MM - you are right. I am also with farmers ( not all of them are corrupt n greedy). There are bunch of naive people on IREF who are blaming farmers for no reason. If they have problem with farmers - How about this -

    Anyone who has any asset ( in any form g.old/shares/silver/diamonds .....anything ) - just sell it to me at 10% of it's market value ( I am not even forcing you - just asking you).

    and hey look at the brighter side - I will oblige you by not kicking/beating you and your family.

    Regards
    Sbajaj
    CommentQuote
  • The activity on Gzb forum has increased manifold after whats happened in NExtn. I am getting a lot of BUY calls since last month for a gzb flat that i hold.
    CommentQuote
  • Originally Posted by Munish Malhautra
    The activity on Gzb forum has increased manifold after whats happened in NExtn. I am getting a lot of BUY calls since last month for a gzb flat that i hold.


    MM - you are truly one weird investor :-)))) Fortunately this time it has worked in your favour.

    :-)))

    Regards
    Sbajaj
    CommentQuote
  • Well said & i quite agree to MM .


    Originally Posted by Munish Malhautra
    Plz dont bash the poor farmers. understand their psyche, land is their mother and the only source of their living, this doesnt hold true for most of us here. For us land is an investment, place to stay and for some of us its small part of net worth, definitely not a source of our living and thats it.
    Yes there are some farmers who have other motives but not all of them.

    The issue is that in all this mayhem the guy who is suffering is the farmer, aam admi and to some extent builders.
    Authority, babu and bmw has already filled their pockets and washed off their hands.
    CommentQuote
  • Originally Posted by rohit_warren
    Well - greater faridabad was my pick in 2009 and 2010, I do have vested interest there - I never denied that - Yes the naharpar area is NOT livable till 2013 - I have mentioned this in nearly all of the related posts - But the question is how far is 2013 ???? the land acquisition for roads are complete and it is because of the CM of Haryana that EDC funds were diverted to his home town - well that happens -

    however this does not mean that the scheduled work will never happen - the urban development ministry is already on top of it - With this Noida Fiasco - what options are left ?? Gaziabad ? Raj Nagar ? Vashundhara ? Vaishali ? well all these area is under UP and has already got interest from people who want to live in UP

    Other options ? Gurgaon ? Manesar ? Bhiwadi ? Daruhera ? - well too expensive compared to the price what Noida XXX was last selling

    Now what ?

    Delhi ? Well always the first choice but where ? Dwarka ? Rohini ? too expensive - that leaves with the choice of unauthorised colonies or builder floors - again in most of cases here banks loans are not available and black money amount is huge ? how many of IT guys the major customer of Noida XXx has that kind of cash and risk appetite ?

    So what is left ? Soni pet and Faridabad ?

    No comment on Sonipet - but Faridabad still offers value for money - agreed that the roads are not as good as noida xxx gr noida but there are other points which offsets the road issue - the biggest is crime rate - UP is famous for ??????? well

    I would leave people to think once again about Noida EXX Gr Noida

    Rohit


    Rohit bhayya kayon doosro ke aatke mai gala daal rahe ho. Still Faridabad is not good in front of undisputed areas of Noida / GZB. If you want to analyze then see Forums of GZB & FDB , you will feel the difference. Negligible replies / discussion in Faridabad forum shows lost of interest in Faridabad howerver in GZB forum lots of replay / discussion daily. As for rate appreciation Faridabad is still lowest in NCR, just read below news of GZB fully after following below 2 URLS and feel yourself what the appreciation means to and which area is better if to choose in FDB or GZB. Noida is definitely still best but as you say its problematic hence not include it. As for affordable areas RNE GZB was launched 3 years before however Neharpar FDB was launched 5 years before and at this time 1000 families living in RNE and 15000 new families are going to shift with in 1 year. Position of CR GZB is also 5 times better than NP area if not agree then just visit RNE & CR area of GZB which was launched later then NP and feel the actual difference.


    https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/ghaziabad-real-estate/16818-huge-rise-in-gzb-property-rates-90-m-plots-in-100-lac?t=19003

    https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/ghaziabad-real-estate/16641-big-land-deal-in-vasundhara-gzb-1-21-500-psm?t=18879


    वैशाली साल 2007 तक 90 मीटर के जिस प्लॉट की कीमत 10-12 लाख रुपये थी , अब वहां 90 मीटर के प्लॉट की कीमत 90 लाख रुपये से 1 करोड़ रुपये मांगी जा रही है। प्रॉपर्टी के रेट तय करने में सबसे अहम चीज लोकेशन है।

    वैशाली , कौशांबी में पेंटहाउस एक करोड़ रुपये के आसपास मिल रहे हैं। किसी भी सोसायटी में 3 बीएचके का किराया करीब 18 हजार रुपये महीने और 2000 रुपये मेंटिनेंस चार्ज अलग से है।

    वसुंधरा सेक्टर -13 में ग्रुप हाउसिंग के लिए अब तक की सबसे बड़ी लैंड डील की है। 3,150 वर्ग मीटर जमीन 1,21,500 रुपये प्रति वर्ग मीटर के हिसाब से 38 करोड़ 27 लाख 25 हजार रुपये में नीलाम की गई है। करीब 3 महीने पहले ही परिषद ने वसुंधरा सेक्टर -18 में 54 हजार रुपये प्रति वर्ग मीटर के रेट से जमीन की नीलामी की थी। सिर्फ 3 महीने में रेट में दोगुने से ज्यादा का अंतर आ गया। एसई आर . के . अग्रवाल के मुताबिक नीलामी में कुल 18 लोग शामिल हुए थे। इसमें दूसरी सबसे ऊंची बोली 1,11,000 रुपये थी।

    As per the above few clips from Newpaers, the Capital / Rent Value Rate appreciation in Trans Hindon Ghaziabad is at its PEAK. In Vaishali / Kaushambi locations 90 M plots are being SOLD at 1 Caror Amazing!!!!. Pentahouse has crosses 100 Lac price tag. In several location 2-3 times appreciation only in 4 yours which is highest in compare to any location of NCR. Rent & Capital value ratio is also highest in any location of NCR.

    REASON : GZB is most close to Center Delhi and CP/IG/ITO is only 10 KM far from GZB and 20 minutes far from Metro, all near 2-4 KM far areas of Delhi have land rates 2-3 Lac PSY , and builder floor rates 100-250 Lac, and GZB is only cheap location (compare to Delhi) for all such Delhi Areas like Vivek Vihar , Karkarduma , New Shahadra , Anand Vihar Colony , Preet Vihar , ............. at least 25 such locations. Next Imp thing more than 5,000 Acre total Industrial Townships (10 different in GZB & DELHI) , and NOIDA just Near by 4-6 KM, All Major DELHI transportation HUB just near by. And when we traveling by METRO then it doesn't make any major difference if we are covering 10 KM (for CP) or 38 KM (for GGN).

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  • Originally Posted by sbajaj
    MM - you are truly one weird investor :-)))) Fortunately this time it has worked in your favour.

    :-)))

    Regards
    Sbajaj


    bajaj sir that was my 1st property investment in 2003....am not still a richie rich like u....on the way though:D. age is hopefully still on my side.
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  • Guys,
    This is my first reply in this thread. I work in an IT company and also comes from farming background. So I try to sense the opinion of both (Home buyers and farmers).
    I think the GNA is first and last to be blamed for all this. I understand that many farmers might have enjoyed the money they got in compensation. But not all farmers are willing to sell there land. My dad is a farmer and he will never sell his land. So if the land is acquired forcefully then of course he has a right to appeal.
    I also understand the apathy of home buyers who have put their hard earned money in buying the apartment. The main problem in India is that real estate is opaque. We buyer just believe the authority. We just believe the builder and the broker.
    I sincerely hope that interest of both the farmers and home buyers are taken into consideration and some solution is reached.
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