Noida Calling Yet Again....

3 plots on offer, one each in 143 (50 acres) , 143B(19 acres) and 144 (25 acres). Scheme opens 9/8, closes 30/8.

Are these the leftover plots from the last scheme or new ones?
Read more
Reply
5 Replies
Sort by :Filter by :
  • Has anyone noticed that reserve price has gone up from 20,400 to 22,400 ...
    No dobut , new project will be more expensive than existing once ...
    Originally Posted by saurabh_realty
    Noida Calling Yet Again....

    3 plots on offer, one each in 143 (50 acres) , 143B(19 acres) and 144 (25 acres). Scheme opens 9/8, closes 30/8.

    Are these the leftover plots from the last scheme or new ones?
    CommentQuote
  • i guess this might translate to 100-200 RS increase in psqf price ...
    What do u think...

    Originally Posted by nibha
    Has anyone noticed that reserve price has gone up from 20,400 to 22,400 ...
    No dobut , new project will be more expensive than existing once ...
    CommentQuote
  • Originally Posted by nibha
    Has anyone noticed that reserve price has gone up from 20,400 to 22,400 ...
    No dobut , new project will be more expensive than existing once ...

    this is the same price from the last draw 143 and 168... remeber u started the thread the price was the same... but seems prices have slipped... 3C 3000 all inclusive in 163
    CommentQuote
  • Originally Posted by nibha
    i guess this might translate to 100-200 RS increase in psqf price ...
    What do u think...


    1 acre = 4046.85 sq mtr
    Given FAR of 2.75 builder can build 4046.85 x 2.75 = 11128.83 sq mtr
    11128.83 sq mtr = 110789.73 sq feet

    Assuming average flat size of 1000 sq feet 110789.73 sq ft/1000 = 110 flats per acre (which is the average nowadays).

    Now assuming that NA does manage to sell the flats at the increased cost of Rs 22400/sq mtr, the cost increment per acre: Rs 2000 x 11128.83 sq mtr = Rs 22257660. Therefore cost increment per sq ft = Rs 22257660/110789 = Rs 200.90 /sq ft.

    So Nibha you are probably right about the cost increment/sq ft to the builder. Now if Logix bought BG plot in Sec 143 at the same price of Rs 22400 /sq mtr and is selling it cheaper than BC and others - then either they will cut quality or they have huge margins in other projects. God knows what's the truth in here.
    CommentQuote
  • Originally Posted by vishal1880
    this is the same price from the last draw 143 and 168... remeber u started the thread the price was the same... but seems prices have slipped... 3C 3000 all inclusive in 163


    Arre bhai 3C has only erected its board in Sec 168 and nothing much is clear about the sector right now, hence it deserves a price discount.

    Or all of us current investors are living in a fool's paradise. When will this supply from Behenji stop!!!?
    CommentQuote