Dear all,

As per newspaper reports, Metro will be coming to Bodaki which is near to Sector Pi-2. Does this mean that Unitech properties - Cascades, Habitat, Verve & Horizons will see appreciation?

Right now that area seems to be under-developed. Kindly advice as I m looking to buy a flat in Unitech project.
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  • In my honest opinion it will be too soon to say anything on this.. also Metro in GN is still atleast 5 years away minimum... by that time the appreciation of property will already by good :)
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  • Buying a flat because of metro doesn't make a sense. Look for area, where you can imagine people staying after 1-2 years. Appreciation in any area depends of no of factors. When supply is more than demand, then it won't look feasible. So I will suggest you to look for areas which are going to fill fast. From my POV, sector zeta may be the place which is going to livabale fast because there are 7-8 projects are in launch stage and 2-3 projects are already RTM and also they are on 130m road.
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  • If budget allows, better look for societies where occupancy is good. Good location flat in better occupied society is always better from appreciation as well as end use perspective.
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  • I got a society plot here , since metro news ..from 17 k ..the price has gone up to 32k ..
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  • Originally Posted by Norway
    I got a society plot here , since metro news ..from 17 k ..the price has gone up to 32k ..

    Oh kaha kaha liya hua hai aapne?
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  • Originally Posted by amitsri
    Dear all,

    As per newspaper reports, Metro will be coming to Bodaki which is near to Sector Pi-2. Does this mean that Unitech properties - Cascades, Habitat, Verve & Horizons will see appreciation?

    Right now that area seems to be under-developed. Kindly advice as I m looking to buy a flat in Unitech project.


    Unitech Verve has good location but possession has not started in Verve.
    in other projects Unitech has started offering possession.

    "Unitech Cascade" looks Good finishing wise.
    Landscaping/Green area of Unitech projects are unbeatable

    proposed metro would 1 km away from from "Unitech Verve" and 2 kms away from "Habitat"and "Cascade".
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  • Originally Posted by cookie
    Oh kaha kaha liya hua hai aapne?


    Cookie Ji , do you see the price touching 40 k soon ! I hear the metro file is with the CM ..will be signed in April ! One more boost is expect if so ....
    What's ur opinion...much appreciated :)
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  • Originally Posted by Norway
    Cookie Ji , do you see the price touching 40 k soon ! I hear the metro file is with the CM ..will be signed in April ! One more boost is expect if so ....
    What's ur opinion...much appreciated :)

    if what you are saying is true, Prices will certainly shoot up at least by 30-40 percent.
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  • Originally Posted by cookie
    if what you are saying is true, Prices will certainly shoot up at least by 30-40 percent.


    another rumor going around in the market is that rs 5500 crs are being tfr to dmrc in apr 13.............. cant confirm its veracity.

    regards
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  • Originally Posted by sids69
    another rumor going around in the market is that rs 5500 crs are being tfr to dmrc in apr 13.............. cant confirm its veracity.

    regards

    Botanical garden-Kalindi kunj metro anyhow has to come. Land has already been take from Botanical garden for metro staion at existing metro and boundary wall has been erected.
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  • Originally Posted by cookie
    Botanical garden-Kalindi kunj metro anyhow has to come. Land has already been take from Botanical garden for metro staion at existing metro and boundary wall has been erected.


    Suna to sec 62 metro tak bhi tha. But no news after that on the same. This metro can come and go anytime in news. Lets see whena ctual work start on this.
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  • Originally Posted by sids69
    another rumor going around in the market is that rs 5500 crs are being tfr to dmrc in apr 13.............. cant confirm its veracity.

    regards

    ....good news if true !
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  • Originally Posted by Norway
    ....good news if true !


    Why dont they distribute this 5500 Cr between 4 or 5 who have posted on this thread. I dont need metro...we will buy helicopters and 1 helipad in Bodaki and another in sec 37:bab (59):
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  • A couple of slides from Amitabh Kant's recent presentation on the Delhi-Mumbai industrial corridor highlights what's in store for the Uttar Pradesh region of the NCR:



    As per the latest DMIC status report:

    Quote:
    The Government of Uttar Pradesh has given the approval on the following Delineation of Dadri Noida Ghaziabad Investment Region (DNGIR); Approval of Site and way forward for Multi Modal Logistics Hub, Dadri; Approval of Site and way forward for Boraki Railway Station; Inclusion of High speed Seamless Connectivity between Delhi-Greater Noida and Faridabad; Approval to take up Pre Feasibility Study for : (1) Greater Noida Hi Tech Township, (2) Solid waste management of Noida and Greater Noida and (3) Reuse of waste water in Noida and Greater Noida.

    A meeting on deliberating upon the proposed institutional structure for DNGIR SPV was held between the representatives of Delhi Mumbai Industrial Corridor
    Development Corporation Limited, Department of Industrial Promotion and Policy, Greater Noida Industrial Development Authority and Uttar Pradesh State Industrial Development Corporation. Based on the discussion, suitable changes have been made in the Share Holder Agreement and State Support Agreement and the same has been forwarded to the Government of Uttar Pradesh. The approval on the same is awaited.

    The preparation of Concept Master Plan and feasibility studies of the early bird projects is in progress. In the meeting held under the Chairmanship of secretary, DIPP on 11th January 2013 with the representatives of the State Government to review the progress of the project and to discuss the institutional structure and Share Holder Agreement/State Support agreements, it was decided that Institutional Structure and State Support Agreement shall be finalised at the earliest. The delineated map of the IR has been submitted to GNIDA for inclusion in the UP sub-region of NCR.
    An article from last year:

    Centre, UP to develop 200-sq km industrial township

    Quote:
    The state government has begun work to build an industrial township in 200 sq km in the Noida-Dadri-Ghaziabad belt. Part of the proposed Delhi-Mumbai industrial corridor (DMIC), the township will be spread from Bodaki in Greater Noida to Chola in Bulandshahar. Thriving on Railways’ proposed western freight corridor, the township will attract an investment of Rs. 75,000 crore and create 12 lakh jobs.

    The Greater Noida industrial development authority (GNIDA) and the Uttar Pradesh state industrial development corporation (UPSIDC) will acquire land to build infrastructure as well as for the industries to set up base here. The centre will provide Rs. 3,000 crore and Japanese assistance, while the state will provide land.

    The Noida-Dadri-Ghaziabad township — where food, electronics, auto, IT and other industries will set up their units — will be built on the lines of industrial townships which have come up in developed countries such as China,” said Greater Noida chief executive officer (CEO) Rama Raman.

    He said the project got delayed because of the “indifference” shown by the previous state government. “Now we will do surveys, prepare a master plan. We intend to finish the project in the next five years,” he said. The UPSIDC has already acquired 2,500 acres of land at Chola in Bulandshahar. “Currently, trucks from our region take 12-13 days to reach Mumbai. Even trains take 7-8 days. Once this corridor becomes operational, high-speed and heavy-duty trains will do the job in 12 hours flat,” Raman said.

    “The DMIC project will attract huge foreign investments and set up world class infrastructure. Employment potential, industrial output exports from the region will go up massively,” he said. Uttar Pradesh chief minister on Saturday cleared the DMIC project and termed it an important industrial development project, assured full cooperation in its implementation and asked the industry department to expedite the process of execution.

    Initial infra projects:
    For the township, the Greater Noida administration has decided to upgrade Bodadi railway station, extend Metro rail from Noida to Greater Noida, develop a Dadri-Tughlakhabad-Ballabgarh railway station, a Noida-Greater Noida-Faridabad expressway, an auto mart, a power plant and a logistic park.
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  • Pray God that it materialize.
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