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Purvanchal Royal City by Purvanchal Group in Greater Noida

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Purvanchal Royal City by Purvanchal Group in Greater Noida

Last updated: December 30 2018
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  • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

    prc

    If everything goes smooth then Metro work may not be started before 2014

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    • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

      How many booking of PRC has been done so far ?

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      • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

        Originally posted by sudhir240962 View Post
        How many booking of PRC has been done so far ?
        Not sure about the approx. number but someone who has recently book, can tell us the receipt number, normally it goes as per the number of bookings.

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        • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

          Sector 7x / 137 Projects impacted by 20% FAR increase

          The Noida Authority announced an increase in floor area ratio allowed for land within 500 metres of the Metro corridor.
          "We have increased the FAR by 0.5 for building within 500 metres of the Metro line. This will increase value of land near the Metro line. The increased revenue will aid development work, including proposed Metro lines in the area," a senior official said.

          Actual thread where is entire discussion going on - https://www.indianrealestateforum.co...crease?t=58320

          Luckily we are safe but unfortunately it's affecting whole lot of end user's on Expressway, pretty sad, it's all about damn bad politics and poor execution from authority.

          I don't have positive hope from metro news now, they are rather paid ones.

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          • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

            Many projects will be impacted, for existing users it will be bad but some people will also get opportunity to invest in new flats.

            Its very risky to buy a flat thinking that metro will reach there.

            I am not very hopeful about Metro, reason being will it be profitable even if it is ready after 4-5 years? I dont think so.

            Delhi metro even though it has been running in such high density areas for so long will still take many years to reach break even.

            I dont see how metro will generate revenue in Noida/Greater Noida. Everybody talk about metro from perspective of real estate. For a moment if we think from "need" perspective then I dont see any reason why Metro is needed as we have well constructed expressways.

            This is my own view, but to me it seems like a gimmick and will be laid to rest just like Jewar Airport.

            I would be more than happy if i am proven wrong as my property will appreciate but a metro doesn't seem logical at this moment.
            Last edited January 7 2016, 12:29 PM. Reason: Text formatting.

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            • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

              Originally posted by lokiez View Post
              Many projects will be impacted, for existing users it will be bad but some people will also get opportutnity to invest in new flats.

              Its very risky to buy a flat thinking that metro will reach there.
              I am not very hopeful about Metro, reason being will it be profitable even if it is ready after 4-5 years? I dont think so.
              Delhi metro even though it has been running in such high density areas for so long will still take many years to reach break even.
              I dont see how metro will generate revenue in Noida/Greater Noida. Everybody talk about metro from perspective of real estate. For a moment if we think from "need" perspective then I dont see any reason why Metro is needed as we have well constructed expressways.

              This is my own view, but to me it seems like a gimmick and will be laid to rest just like Jewar Airport.

              I would be more than happy if i am proven wrong as my property will appreciate but a metro doesn't seem logical at this moment.
              Surly metro impacts the entire expressway region only 'if it comes', people travel all across the NCR and expressway alone can't serve the sole purpose.

              Anyway as a end user, it doesn't impact much but surly disappoints to the investors because now we see more units coming in even the existing inventory is still not sold out, means getting better deal now with higher density and that's a worry factor.

              All and all, UC is always risky, you never know what comes during 4-5 years down the line.

              Anyway PRC has got the brochure, it's looking freaking awesome if you don't have then do and get from them

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              • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

                @arif: I got it last week. Brochure looks great!!

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                • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

                  is it available online? can someone upload
                  Originally posted by lokiez View Post
                  @arif: I got it last week. Brochure looks great!!

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                  • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

                    Originally posted by nilabh9 View Post
                    is it available online? can someone upload
                    No, it's not.

                    If you aren't around then call them up to provide you the PDF version.

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                    • Re : Purvanchal Royal City by Purvanchal Group in Greater Noida

                      They told me that they are sending to all the people who have booked the flat.

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