So much said & so may threads about Noida extension & its problems, Lets Analyze things with simple logic ....

Criteria 1

a.Authority Announces Draw for Plot/Flat.. End user Get Lucky in Draw

b.Authority Announces Draw for Plot/Flat.. Investor Get Lucky.. Sell it to End user

Cost of 2BHK: 20 Lakhs

Who Get Money: Farmers, Authority & Investors
Who Pays: End User

Criteria 2

Authority Auction Group Housing… Builder Get Plot… Sell it to directly or through dealer to End User.

Cost of 2BHK: 23 Lakhs


Who Get Money: Farmers, Authority , Builders, Proepry Dealers/Investor
Who Pays: End User

Criteria 3

Authority forcibly acquire land from farmers… Politicians& bureaucrats get cut from Builder & Builder Get Plot… Sell it to directly or through dealer to End User.

Cost of 2BHK: 26 Lakhs

Who Get Money: Farmers, Authority , Politicians bureaucrats , Builders, Property Dealers/Investor
Who Pays: End User

Criteria 4
Farmers agitate, Get Media Focus, goes to court, Court quashes land acquisition.. Farmers Demand More Money for there land.. Authority or Builders Pay them

Cost of 2BHK: 30 Lakhs

Who Get Money: Farmers, Authority , Builders, Media, Lawyers, Judges , Big Farmers, Farmer Leaders Property Dealers/Investor
Who Pays: End User


So the Crux is Noida Ext. is a Lucrative Cake: everyone wants a piece of it !!!
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