What all banks are offering loan on this property? Kindly let me know the floating interest rate as well?

A Good builder...Fairly Good location....Poor layout

I can tell you that in coming 12 months Greater Noida authority has plans to sell / start developing the commercial plots very close to this project

for those who dont know:

The land around Largest roundabout of greater noida is commercial (near unitech heights and one way from PRC to Grand venice)

The Land across the Yamuna expressway just opposite this project is also Commercial.

So commercial development of this area in Greater noida is on TOP OF CARDS of greater noida authority, and thats good for this sector

Also due to many projects clubbed together...for sure..this sector will be inhabited fast and will be very lively.

But VERY POOR Site Plan by Purvanchal.

I have a simple question..gurgaon is booming because of corporate crowd and people who like to settle there..noifa still is a home to middle class peole plus policies of up govt may not take noida on path as gugaon rose...so what is that greater noida looking at...good corporates or just open spaces...

PRC or any project will ulitimately be known only if better part of the society wants to reside there...if people with avg and modest income like to stay then returns will also be commensurate...so it all boils down to up politics and quest to attract corporates to greater noida region...this will not only require superior infrastructure but also vision on part of up politicians...look at the state of metro and airport..only air..gurgaon is ready with its own metro while up is still fighting over caste politics...

Visited PRC site today. Uploading few pics.

Few more.

What is the significance of high density ..we are not in america...with india poised to become most populuos nation open spaces will diminish in metro's....I have seen dlf high rises which are also as dense...what is imp is a good constr quality good gentry and maintenance of the society...rest all will follow

High Rises Factors, which CANNOT be ignored by End Users

1. Construction Quality: Unlike Low rises, high rises need far more superior construction and execution. With high speed lifts, fire fighting, etc etc. Experienced and reputed contractors are a Must.

Remember this will be first time in NCR that such density will be seen

DLF DOESNT HAVE Such High density societies. PLs donot confuse with height of a building with density.

With high density, load on infrastructure is Immense

2. MAINTENANCE - Mark my words...any High density society if goes to RWA will fall apart and become a hell hole for residents. Such buildings require lot of expertise, planning and management. Also a Builder will keep on putting a few thousands or even lakhs for maintenance without bothering much as his name will be at stake, but an RWA will not be able to do that.

PRC with the Clause of NO-RWA Is a Sure shot win win for end users.

ATS, Jaypee, and Now purvanchal donot allow RWAs to take over maintenance.

You are free to form an RWA and give builder suggestion etc or take up the role of monitoring upkeep of soecity.

Such a policy has been a great advantage to buyers in ATS, Jaypee where Maintenance is Super


3. GENTRY - 2 bhk and small 3 bhk are a NO NO. Most of such flats are picked up small time investors who are biggest defaulters in bill payments, plus such flats have mostly tenants, which is another Negative for any society. Any society with majority tenants will have major issues.

ATS, Purvanchal have always attracted End users in a big way and thats why their societies have very good gentry


4. DENSITY - To say that India is poised to be populous etc etc is completely wrong.
Noida has High density because of Greed of U.P politcians and the authority.
It has nothing to do with demand.

F.A.R is increased in regions like mumbai where there is no land but demand is high.

Noida is the ONLY region in NCR with such ridiculous F.A.R

Gurgaon inspite of much higher demand and much brand value and less availability of land, has less F.A.R.

Ghaziabad, faridabad also have less F.A.R

Greater noida 70% is Vacant, there is absolutely no need to increase F.A.R

By doing so they have killed the goose.

luckily for greater noida main..only a limited sectors will be effected.

Noida extension, noida 7X etc will end up as concrete jungles

Noida region will witnesss the Ills of high density in next 3-5 years in a Huge way

Electricity load shedding will be Huge, Societies will run on D.Gs and residents will pay Rs.15-20 per Unit on power back up.

Traffic situation along the service lanes of Noida will be messed up.

Such Density will create major issues and it was not needed in noida..at least for next 100 years !!!

Good appreciation above by "groundfact" . What do you think the rates of PRC will be when phase I will be nearing possession in sep 2016 considering todays rates are around 3200....

writing from my tab so will write less as it is difficult to type:

1.pls donot defame noida
2. gurgoan is out of reach of most of us ..even for IT guys earning more than 12 lks per year..
3.noida FAR is an issue but infra is at par to world class cities...even tokyo and Manhattan has FAR mora than 15
4. i stay in noida since 20+ years... gone days of electricity cuts... noida is not ghaziad or indirapuram

though ur post is quite logical and i second to that...but teer ka nishaana galat hai.....

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PRC is 2700 flats in 22 acres...

Thanks for the close pics aap4you, looks like are in hurry for sample flats :)

PRC brochure looks cool...will the bldgs as depicted in pics look the same...