Suppose land aquisition problem is resolved in some time say 1 to 2 months will U make any fresh buy in NE considering following points.

1. Bank financing is going to be the most tough for this region.

2. people may like to wait for price reduction due to less buyers & more supply.

3. Over delay in these projects will be very common.

If fresh bookings are not done what will be the future of this region even after the land issue resolves.

Comments are welcome.
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  • if land issue is properly resolved, NE will bounce back again....no doubt
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  • Originally Posted by mohanpruthi
    Suppose land aquisition problem is resolved in some time say 1 to 2 months will U make any fresh buy in NE considering following points.

    1. Bank financing is going to be the most tough for this region.

    2. people may like to wait for price reduction due to less buyers & more supply.

    3. Over delay in these projects will be very common.

    If fresh bookings are not done what will be the future of this region even after the land issue resolves.

    Comments are welcome.


    1. Bank finance would be easy as it would be UNDISPUTED CLEAN Land. No farmers would be able to raise voice once this dispute is over.

    2. Prices would jump after land is clean as BUILDERS would need to pay some more to farmers.

    3. I guess it is going to be 2-3 months before works start again, so 2-3 months hardly matters.
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  • Best option is to buy from buyers directly who in panic mode in month or so would like to exit.

    Most would end up selling to builders/brokers,who would end up making profit and selling back to same fools at higher prices.
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  • There can be two categories of buyers at the moment
    a. The completely novice and ignorant buyers, who are not in touch with the reality but loaded with cash, mostly NRIs.

    b. The well connected, well informed investors .... who has a very clear indication of the direction that NE is moving now. These investors will negotiate harder in pretext of current situation and will make a killing once things settles.

    Rest > Wait and watch
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  • I personally feel that if NE crisis is resolved, then area should witness prompt appreciation in price. My opinion is based on following facts.

    1. There is only one solution to the problem i.e. more compensation to farmers and that too some sigificance compensation. Higher compensation may happen through two ways (1) Authority/Govt. increasing compensation amount or offering some bailout package (2) Builders paying farmers unofficially.

    So builders' project cost will increase considerably. Few builders have already suffered losses and cost of raw material has also increased due to inflation. Only way left for builders to maximise their profit is to sell remaining flats at higher price.
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  • नोएडा, ग्रेटर नोएडा से गायब फ्लैट खरीदने वालों की भीड़
    25 Jul 2011, 0907 hrs IST,इकनॉमिक टाइम्स

    ?????, ?????? ????? ?? ???? ????? ?????? ????? ?? ????- Navbharat Times

    रवि तेजा शर्मा
    नोएडा।। नोएडा और ग्रेटर नोएडा के रियल्टरों के लिए हाल तक सप्ताह के आखिरी दिन काफी व्यस्तता भरे होते थे। मकान खरीदने की इच्छा रखने वालों की भीड़ रियल एस्टेट कंपनियों की प्रॉजेक्ट साइट पर शनिवार और रविवार को जुटती थी। हालांकि, इस बार का सप्ताहांत काफी अलग था और इन साइटों पर वीरानगी छाई थी।

    एक प्रॉपर्टी ब्रोकिंग फर्म के कर्मचारी अमित जादव ने बताया, 'अब खरीदार नहीं आ रहे हैं।' अमित जैसे कर्मचारी हाल के दिनों तक परियोजना स्थलों के आसपास मंडराते रहते थे और साइट की ओर आने वाली हर कार के पीछे लपकते थे, लेकिन अब उनके पर्चे और बिजनेस कार्ड लेने वाला कोई नहीं है।

    नोएडा एक्सटेंशन की जमीन को डिनोटिफाई करने के इलाहाबाद हाईकोर्ट के आदेश और जमीन बेचने वाले किसानों द्वारा ज्यादा मुआवजे की मांग करने के बाद पूरे क्षेत्र में मकानों की बिक्री लगभग 60 फीसदी घट गई है।

    नोएडा और नोएडा एक्सटेंशन में मकानों की बिक्री करने वाली फर्म इनवेस्टर्स क्लीनिक के डायरेक्टर सनी कत्याल ने कहा, 'सेंटीमेंट्स को चोट पहुंची है। खरीदार जोखिम नहीं ले रहे।'

    नोएडा एक्सटेंशन में प्रोजेक्ट बनाने वाले ज्यादातर बिल्डरों की नोएडा में भी मौजूदगी है। दोनों जगहों पर जमीन अधिग्रहण की समान नीति होने की वजह से भी खरीदार भ्रम की स्थिति में हैं।

    बेटर ऑप्शन प्रॉपमार्ट के मैनेजिंग डायरेक्टर अमित मावी ने कहा, 'हमें अभी भी नोएडा से कुछ कॉल मिल रही हैं, लेकिन इनमें से अधिकतर यह जानने के लिए होती हैं कि वहां क्या हो रहा है। लोग अब फैसला लेने में जल्दी नहीं कर रहे।'

    नोएडा में लगभग 1.5 लाख फ्लैट निर्माणाधीन हैं और नोएडा एक्सटेंशन में लगभग एक लाख फ्लैट बेचे जा चुके हैं। ग्रेटर नोएडा में ताज एक्सप्रेसवे के निकट भी बिक्री घट गई है। यहां किसान पिछले चार महीनों से ज्यादा मुआवजे के लिए प्रदर्शन कर रहे हैं।

    संजय कुमार जैसे खरीदार असमंजस में हैं। कुमार ने नोएडा एक्सटेंशन में एक फ्लैट खरीदा था, लेकिन उन्हें इस बात का जरा भी अंदाजा नहीं था कि वह किस भंवर में फंसने जा रहे हैं। कुमार ने अपनी जीवन भर की कमाई के साथ ही कुछ लोगों से उधार लेकर बिल्डर को चार लाख रुपए दिए थे, लेकिन बैंक से लोन की मंजूरी मिलने से पहले ही नोएडा एक्सटेंशन की समस्या शुरू हो गई।

    शनिवार को नोएडा में प्रदर्शन करने वाले खरीदारों और उनके परिवारों के साथ कुमार भी शामिल हुए थे। वे नारे लगा रहे थे, 'रिफंड कोई हल नहीं है, हम अपना घर चाहते हैं।' नोएडा एक्सटेंशन फ्लैट बायर्स वेलफेयर एसोसिएशन के प्रेसिडेंट आर पी त्यागी ने अपनी मांगों का एक ज्ञापन नोएडा के सिटी मजिस्ट्रेट को दिया।
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  • प्रॉपर्टी में इनवेस्ट करें पर संभलकर
    25 Jul 2011, 0400 hrs IST,नवभारत टाइम्स

    ????????? ??? ??????? ???? ?? ??????- Navbharat Times

    नोएडा।। नोएडा एक्सटेंशन से शुरू हुए बवाल के बाद अब नए डिवेलप हो रहे सेक्टरों में भी टेंशन बढ़ने लगी है। खुद को ठगा महसूस कर रहे इनवेस्टर अब नए विकल्प तलाश कर रहे हैं। ऐसे में प्रॉपर्टी डीलर इनवेस्टरों को नए-नए ऑप्शन देकर दिल्ली और एनसीआर की प्रॉपर्टी खरीदने के ऑफर दे रहे हैं। इनमें, गुड़गांव, फरीदाबाद, हापुड़, गाजियाबाद और बुलंदशहर जैसे शहर शामिल हैं।

    निवेश करते वक्त दें ध्यान
    अगर आप नोएडा या ग्रेटर नोएडा में प्रॉपर्टी खरीदना या इनवेस्ट करना चाहते हैं तो सतर्क होकर पैसा प्रॉपर्टी में लगाएं। कहीं ऐसा न हो कि आपकी गाढ़ी कमाई एक झटके में डूब जाए। ठगों के निशाने पर फिलहाल ऐसे इनवेस्टर हैं जो या तो एनआरआई हैं या प्रॉफिट के लिए इनवेस्ट करते हैं। नोएडा एक्सटेंशन से मिली हजारों इनवेस्टरों को निराशा के बाद प्रॉपर्टी डीलर उन्हें लुभाने के लिए तरह-तरह के हथकंडे इस्तेमाल करने में जुटे हैं।

    धोखाधड़ी से कैसे बचें
    नोएडा या ग्रेटर नोएडा मेें प्रॉपर्टी खरीदने से पहले उसके बारे में अच्छी तरह पड़ताल कर लें। किसी भी जमीन के कागजों की जांच अथॉरिटी या संबंधित एरिया की तहसील में कराई जा सकती है। अनजान शख्स या किसी विज्ञापन के झांसे में न आएं। न ही जल्दबाजी में किसी सस्ती प्रॉपर्टी के झांसे में आकर प्रॉपर्टी की डील करें। जिन लोगों के साथ डील कर रहे हैं, उनकी मार्केट वैल्यू जरूर आंक लें। इसके अलावा जमीन के मालिक से सीधे डील करने का प्रयास करें। नोएडा, ग्रेटर नोएडा और यमुना अथॉरिटी की वेबसाइट पर जाकर भी प्रॉपर्टी के बारे में पता लगाया जा सकता है। प्रॉपर्टी मालिक से कोड और अकाउंट नंबर लेकर पूरी तरह जांच पड़ताल कराई जा सकती है।

    ऐसे की जा रही है ठगी
    प्रॉपर्टी का फर्जीवाड़ा करने वाले ठगों ने कई तरह के लुभावने विकल्प तैयार कर लिए हैं। वे एक ही जमीन को कई लोगों को बेचने का प्लान तैयार कर चुके हैं। पहले भी एक ही प्रॉपर्टी को बेचने के कई मामले सामने आ चुके हैं। इसके अलावा दूसरे की प्रॉपर्टी का फर्जी मालिक बनकर भी एडवांस वसूलने और बाद में रजिस्ट्री न कराने के मामले सामने आए हैं। इतना ही नहीं किसी दूसरे की प्रॉपर्टी के फर्जी डॉक्युमेंट तैयार कर ग्राहक को फंसा लिया जाता है। ऐसी जमीन खरीदकर इनवेस्टर भी कानून के शिकंजे में फंस सकता है। प्रॉपर्टी का असली मालिक फर्जीवाड़ा करने वाले के साथ - साथ खरीदार के खिलाफ भी कंप्लेंट दर्ज करा देते हैं। ठगी करने वाले सरकारी जमीन अपनी बताकर बेच देते हंै। इस तरह के मामलों में लेखपालों के खिलाफ भी रिपोर्ट दर्ज कराने के मामले सामने आते हैं। ठग रजिस्ट्री कराने से पहले बयाने के तौर पर एडवांस लेकर हड़प जाते हैं और फिर रजिस्ट्री नहीं कराई जाती।
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  • Originally Posted by stpdcomonman
    I personally feel that if NE crisis is resolved, then area should witness prompt appreciation in price. My opinion is based on following facts.

    1. There is only one solution to the problem i.e. more compensation to farmers and that too some sigificance compensation. Higher compensation may happen through two ways (1) Authority/Govt. increasing compensation amount or offering some bailout package (2) Builders paying farmers unofficially.

    So builders' project cost will increase considerably. Few builders have already suffered losses and cost of raw material has also increased due to inflation. Only way left for builders to maximise their profit is to sell remaining flats at higher price.


    Agree to your views provided the ENTIRE NE issues are resolved. If the issues are resolved in pockets then development will be unplanned/hapazard and there will not be significant appreciation.

    In long term (5+ years) price will definitely increase from current level.... however, whether that appreciation beats inflation+interest is something to see.

    Irrespective of appreciation, the main issue will be LIVABILITY of the area. If that area is not developed as a complete new city .... the pockets will not be something most of us looking for. .... to me that's the RISK current NE issues has.
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  • Agreed. I dont think NE crisis will be resolved in parts and if crisis is solved in parts then it will deal a heavy blow to development work in the NE area. Further, it will become "gale ki haddi" for those whose projects will be safe coz in such a scenario they can neither get their money or drop the project nor they will see appreciation in the price because of lack of development. After all, who would like to live in a societies which are scattered in farmland, or empty land and surrounded by villages.

    Appreciation will happen only if crisis in entire NE is resolved or if not in entire NE then atleast vast majority of the area becomes crisis free.

    Originally Posted by ondabhai
    Agree to your views provided the ENTIRE NE issues are resolved. If the issues are resolved in pockets then development will be unplanned/hapazard and there will not be significant appreciation.

    In long term (5+ years) price will definitely increase from current level.... however, whether that appreciation beats inflation+interest is something to see.

    Irrespective of appreciation, the main issue will be LIVABILITY of the area. If that area is not developed as a complete new city .... the pockets will not be something most of us looking for. .... to me that's the RISK current NE issues has.
    CommentQuote
  • Originally Posted by stpdcomonman
    I personally feel that if NE crisis is resolved, then area should witness prompt appreciation in price. My opinion is based on following facts.

    1. There is only one solution to the problem i.e. more compensation to farmers and that too some sigificance compensation. Higher compensation may happen through two ways (1) Authority/Govt. increasing compensation amount or offering some bailout package (2) Builders paying farmers unofficially.

    So builders' project cost will increase considerably. Few builders have already suffered losses and cost of raw material has also increased due to inflation. Only way left for builders to maximise their profit is to sell remaining flats at higher price.


    I agreed but apart of one bold line because If builders paying them un officially risk factor would be always there on Land. Money never sleeps, similarly hunger of money also never sleeps. You never know know when will they knock at your door for more hunger.

    Its better to re solve in legal manner so that Buyers can enjoy his entire life with no dispute in future.

    But There is a similar way if Builders paying authority unofficially and further Authority will settle/negotiate the matter in legal ways inc. money.
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  • I dont think builders are so fool that they will pay the money without consolidating their legal position. I had read in some newspaper that builders are knocking doors of farmers with a contract under which they will pay farmers extra money provided they sign the contract and withdraw all petitions and surrender their legal rights in respect of land to move court in the future.

    To me, builders paying authority and then authority paying farmers seems more complicated. Because authority can not be functioned arbitrarily. Authority will have to show source of money in their accounts and there will be numerous other official formalities also.

    Further, GNA simply can not pay farmers extra money. They will have to make changes in policies first, issue notification etc and I feel that what GNA fears is that if they increase the acquisition rate, they will have to follow it in future also and in other parts of greater noida also and it will deal a heavy blow to development fund.

    If situation would be as simple as being presented like authority acquired land at cheap price and sold it to builders at 10 times more price then authority would have no problem in increasing the acqusitiion rate twice or thrice. But ground reality is different.
    Originally Posted by StudRawk
    I agreed but apart of one bold line because If builders paying them un officially risk factor would be always there on Land. Money never sleeps, similarly hunger of money also never sleeps. You never know know when will they knock at your door for more hunger.

    Its better to re solve in legal manner so that Buyers can enjoy his entire life with no dispute in future.

    But There is a similar way if Builders paying authority unofficially and further Authority will settle/negotiate the matter in legal ways inc. money.
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  • Fresh booking depends upon how dispute will be solved, at this time can not say clearly because no body know what will be exactly the solution and how it will effect the area. Indian psychology is very strange, all person was fall in love with TATA NANO when it launched and advance booking even crossed for next 1 years after launched. But after just 4 TATA NANO cars catches fire on road then see what happen, BRAND TATA NANO got effected a lot after that forever. Persons still purchasing TATA NANO but neighbor now say that because Sharma ji income is less hence purchasing TATA NANO.

    I will say just one thing, BRAND NAME of NE / GN / NOIDA hurts a lot due to this episode, and that is bad sign. Simply analyze that why issues are only here hence something wrong otherwise in any other area of NCR (FDB , GGN , GZB , Manesar , Bhiwari...) no such aggressive former protest with even 2% of intensity. Noida already do not have that number of Jobs as per the new
    upcoming Flat supply (not even 10% of that number of Flats) , Now how new MNC companies will be convinced to come here and open more offices. Metro work also effected a lot in Noida / GN due to this and I don't think any person of N-Eway / GN can manage his IT jobs in Gurgaon without Metro. For Indian psychology BRAND matters a lot (BATA , N.okia , DHONI , RELIANCE , TATA other than Nano...) and if it hurts then it takes years to recover sometimes.
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  • But dont forget we Indians act like a "Bhed":D. Bus ek news aa jaye ki NE crisis solve ho gaya aur Metro station key liye engineers survey karne aaye the. Sabhi log bhedo ki tarah garden niche karke ek doosre ko follow karte hue lambe line me chalte dikhayi denge flat book karwane NE me. :D


    Originally Posted by saurabh2011
    Fresh booking depends upon how dispute will be solved, at this time can not say clearly because no body know what will be exactly the solution and how it will effect the area. Indian psychology is very strange, all person was fall in love with TATA NANO when it launched and advance booking even crossed for next 1 years after launched. But after just 4 TATA NANO cars catches fire on road then see what happen, BRAND TATA NANO got effected a lot after that forever. Persons still purchasing TATA NANO but neighbor now say that because Sharma ji income is less hence purchasing TATA NANO.

    I will say just one thing, BRAND NAME of NE / GN / NOIDA hurts a lot due to this episode, and that is bad sign. Simply analyze that why issues are only here hence something wrong otherwise in any other area of NCR (FDB , GGN , GZB , Manesar , Bhiwari...) no such aggressive former protest with even 2% of intensity. Noida already do not have that number of Jobs as per the new
    upcoming Flat supply (not even 10% of that number of Flats) , Now how new MNC companies will be convinced to come here and open more offices. Metro work also effected a lot in Noida / GN due to this and I don't think any person of N-Eway / GN can manage his IT jobs in Gurgaon without Metro. For Indian psychology BRAND matters a lot (BATA , N.okia , DHONI , RELIANCE , TATA other than Nano...) and if it hurts then it takes years to recover sometimes.
    CommentQuote
  • Originally Posted by stpdcomonman
    Agreed. I dont think NE crisis will be resolved in parts and if crisis is solved in parts then it will deal a heavy blow to development work in the NE area. Further, it will become "gale ki haddi" for those whose projects will be safe coz in such a scenario they can neither get their money or drop the project nor they will see appreciation in the price because of lack of development. After all, who would like to live in a societies which are scattered in farmland, or empty land and surrounded by villages.

    Appreciation will happen only if crisis in entire NE is resolved or if not in entire NE then atleast vast majority of the area becomes crisis free.


    I would say Stellar Jeevan is still a good bet .. as this project doesnt figure anywhere in the list of projects likely to be impacted by the next court verdict ..
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  • Brother,

    I too have booking in Stellar Jeevan but there will be no gain even if Stellar survies and other projects are scarped. Would u luv to live in a society which is surrounded by empty land or farmland or half-built structures. If all projects are scarpped, GNA will do its best to ensure that area does not see any development.

    Further, land of Stellar Jeevan is spread over two villeages i.e. Bisrekh n amnabaad. Bisrekh is already in litigation though I never heard neame of amnabaad. But still our well being depends on solution for whole NE crisis.


    Originally Posted by trialsurvey
    I would say Stellar Jeevan is still a good bet .. as this project doesnt figure anywhere in the list of projects likely to be impacted by the next court verdict ..
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