Another new project in Noida :

sunshinehelios.com

Website is excellent, no idea about ground reality..Even could not find the builder details..But the concept and amenities are excellent..

Has anyone got any clue about builder and any completed project by him.

Surprisingly no broker is also talking about this project.
Read more
Reply
4609 Replies
Sort by :Filter by :
  • Originally Posted by khalnayak
    I know it is bit hard to believe, but it was. Towards the end of '08, during the global financial crisis, there was a huge panic in the marketplace and a lot of new/under construction projects were selling for less than Rs. 3k.

    End of 2008 means around 4 years before, not 3 :)

    Normally 3 BHK in Pune are at least 1400 sqft. Using 2700 as rate, it comes to 37L+.
    CommentQuote
  • Originally Posted by khalnayak
    Is this reg their new project? How credible is this info as I thought the details were not yet finalized?

    Don't know. Just reacted to a post.
    CommentQuote
  • Originally Posted by ashish199
    Bhai bottomline yeh hai ki...Salary hike in IT sector is not able to beat inflation.It appears glory days of IT has gone...people have started to talk about survival rather than growth...kukurmutte jaise badte engg. colleges kahin toh apne avshesh chodenge. :P


    If IT (salaries) can't keep up w/ the inflation then Imagine other sectors :)

    Non-IT folks in India generally blame IT for such high RE prices and one can argue that they aren't completely wrong; esp when we look at the RE price hikes in the IT hub cities/areas.
    CommentQuote
  • Originally Posted by khalnayak
    If IT (salaries) can't keep up w/ the inflation then Imagine other sectors :)

    Non-IT folks in India generally blame IT for such high RE prices and one can argue that they aren't completely wrong; esp when we look at the RE price hikes in the IT hub cities/areas.

    RE price hike is blamed on IT only in a few cities like Pune, Gurgaon, Noida and Bangalore.

    1. Mumbai: Even 1 BHK in a decent area is out of budget for most IT folks. The prices are high due to other industries, not IT.

    2. Smaller cities: govt pay has increased a lot. it is now competitive with IT. This in increased the spending of govt employees, which in turn made the businessmen richer. No role of IT. These have given better returns than IT cities.
    CommentQuote
  • Anybody have idea about the rate of registartion charges in Noida?
    CommentQuote
  • Originally Posted by fatichar
    RE price hike is blamed on IT only in a few cities like Pune, Gurgaon, Noida and Bangalore.

    1. Mumbai: Even 1 BHK in a decent area is out of budget for most IT folks. The prices are high due to other industries, not IT.

    2. Smaller cities: govt pay has increased a lot. it is now competitive with IT. This in increased the spending of govt employees, which in turn made the businessmen richer. No role of IT. These have given better returns than IT cities.


    black money only reason of RE out of budget..curb black money, rate will be automatically in reach of IT/ non-IT people..
    CommentQuote
  • Most People keep blaming black money, but are ready to buy/sell in black :(

    Event Ram dev baba and BJP talk only about black money in swiss banks, not the one in India.

    Once an RE deal is finalized, the seller must be asked to give an ad in the newspapers, that such property is being sold for this much price. If anyone offers more than say 10% of that price, the previous deal should be cancelled. This will discourage people from putting low value on paper.
    CommentQuote
  • Originally Posted by fatichar
    Most People keep blaming black money, but are ready to buy/sell in black :(

    Event Ram dev baba and BJP talk only about black money in swiss banks, not the one in India.

    Once an RE deal is finalized, the seller must be asked to give an ad in the newspapers, that such property is being sold for this much price. If anyone offers more than say 10% of that price, the previous deal should be cancelled. This will discourage people from putting low value on paper.


    a good idea but is it practical........?

    a more simpler method would b that the govt registrar should b abreast with the market pulse nad keep the circle rates in tandem with the market value. it is not difficult to do but it will never be done under the garb of loop hole filled budget housing schemes for the poor etc.

    the reality is that the govt does not want to do so because most of the political ldrs are invested heavily in real estae through benami front companies, employees etc. u have two hevy weights in ur city itself.

    these days brokers have devised a new technique to lure us by making calims like so and so pol ldr has brought --- acres in lal dora land of rohini/ ....... ldr has purchased ....... acres of land near dehardun cantonment..... etc .....and hvy infrastructure devp is planned in the area.... as a result the property prices are going 2 c a quantum jump

    yeh india hai yahan pa gandhi ( pun intended) ko hi poojte hain...... desh jaye bhad mein. in sabne apne parivaron ke liye foreign mein bhi benami property kharidi hui hai aur inke bachhon ko asani se bahar ki citizen ship bhi mil jati hai ( inke karan aur hain aur veh yahan par nahin bataonga...... future mein ham aur hamare bache hi yahan ke halaton ko bhogtenege.

    jaada heavy ho gaya.......

    regards
    sids
    CommentQuote
  • Keeping circle rates on par with market rates is required, but still loopholes exist:

    1. Rates depend on exact location also. A flat in sec 50 near market is 2000 psf costlier than one near nalla.

    2. Rates vary based on specifications. two flats in same society may have different specs.

    3. Sometimes rates shoot up in 1-2 months, much before circle rates can be revised.

    What can be done is frequent revisions of circle rates, say every 6 months. But if govt starts a weekly/monthly paper in every city/district, which will list properties to be sold, true value can not be hidden. The extra revenue generation would be in billions.
    CommentQuote
  • Originally Posted by fatichar
    Keeping circle rates on par with market rates is required, but still loopholes exist:

    1. Rates depend on exact location also. A flat in sec 50 near market is 2000 psf costlier than one near nalla.

    2. Rates vary based on specifications. two flats in same society may have different specs.

    3. Sometimes rates shoot up in 1-2 months, much before circle rates can be revised.

    What can be done is frequent revisions of circle rates, say every 6 months. But if govt starts a weekly/monthly paper in every city/district, which will list properties to be sold, true value can not be hidden. The extra revenue generation would be in billions.


    Praveen Bhai
    Do you have any idea about the rate of registartion charges in Noida?
    CommentQuote
  • Originally Posted by RIKESH
    Praveen Bhai
    Do you have any idea about the rate of registartion charges in Noida?

    No. I have heard that its 7% for males, incl stamp duty. 5% for females.
    CommentQuote
  • # of posts

    Pravin,

    I just noticed it. Your average is almost ~10 posts / day. :)
    CommentQuote
  • Visited site today progress is ok but lot of work still pending. My pov possession cannot be offered till dec. 2013.
    CommentQuote
  • Originally Posted by Pathan
    Visited site today progress is ok but lot of work still pending. My pov possession cannot be offered till dec. 2013.

    thanks! Could you tell in a bit more detail?
    CommentQuote
  • fLoor tiles reached just 5th floor , external plaster not completed yet,stair case work n lobby work, wood work, pop, external internal paint, sanitary electricity fittings , kitchen slabs and lots of finishing work not even started which would take almosta year to complete for 400 flats.
    CommentQuote