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Lotus Zing by The 3C Company in Sector 168, Noida

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Lotus Zing by The 3C Company in Sector 168, Noida

Last updated: February 28 2019
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  • Re : Lotus Zing by The 3C Company in Sector 168, Noida

    You can see Zing flats listed on magicbricks starting @4500/-, why someone pays so much extra? I don't even see any progress in the project since more than 1.5 yrs.

    Comment


    • Re : Lotus Zing by The 3C Company in Sector 168, Noida

      Originally posted by VishuB View Post
      You can see Zing flats listed on magicbricks starting @4500/-, why someone pays so much extra? I don't even see any progress in the project since more than 1.5 yrs.
      Zing deserve that price or not that is debatable, but fact is it not selling lower then 4800/- (very high floor) and Avg is 5000/-
      It has do with almost nil extra changes.
      Make few calls and you will know.

      Comment


      • Re : Lotus Zing by The 3C Company in Sector 168, Noida

        Do not spread wrong information, The truth is deals are available at much lower rates then quoted here.


        Originally posted by Redhat View Post
        Zing deserve that price or not that is debatable, but fact is it not selling lower then 4800/- (very high floor) and Avg is 5000/-
        It has do with almost nil extra changes.
        Make few calls and you will know.

        Comment


        • Re : Lotus Zing by The 3C Company in Sector 168, Noida

          Originally posted by nkg_8 View Post
          Do not spread wrong information, The truth is deals are available at much lower rates then quoted here.


          The issue on must understand is:

          1. Online quoted deals on websites are MOSTLY Baits to get Info of Buyers ..and get them interested to contact dealers...Something like UPTO 80% Off type Ads one sees everywhere.

          2. Investors who Wish to exit WILL give reasonable discounts if they are LURED by Buyer....Eg: No involvement of loan....Max Black Component....Full Payment in 2-3 days
          etc etc etc

          3. Every society has Good Units as well as Bad Units..and majority Average Units.
          The rates I quoted were KNOWN TRANSACTION Deals for Good Units
          (East facing, park facing, expressway facing, 3 side open, Middle floors, Corner Units, etc)
          These are Prime Units and hold better resale rates and demand.

          4. There are LOTS OF UNITS posted Online at cheap rates....but if you check with Builder...you will come to know that there are Late payments, Interests, etc etc
          Also many projects where Bank loan is involved and Seller will ask buyer to pay him good % upfront so he can foreclose his loan, etc etc etc

          5. In Sector137...Gulshan Vivante, Ajnrara, Purvanchal have Much better demand and resale rates

          In sector 168...Lotus zing is the only in demand project

          In sector 143...Gulshan Ikebana is in demand


          Jaypee AT THE MOMENT is having poor demand and poor resale rates....BUT IF ...They pick up construction work at war footing and start delivering Facilties and Flats fast...then they will see a Jump in resale rates and demand also.

          The Question in jaypee is "IF"......Now its upto buyer to decide whether he can risk the "IF" factor or not


          TO SUM IT.....Its a Buyers market....and a Lot of good projects are laid down or will be laid out for them to choose from

          PS: In Oct 2012..when I told Buyers to EXIT Noida....LZ Known transaction rates were 4800-4900 BSP...Once again GOOD UNITS

          Now after 2.5 Years....its around 5300-5400 BSP ....Again GOOD UNITS

          The returns to Investors in this phase have been NEGLIGIBLE....But thats a Good thing for End users

          Also to add......

          Irrespective of whether Metro comes OR Not...whether Metro is a Election Gimmick OR Not.......As an INVESTOR.....Just Putting up of Metro Boards near the project is a HUGE PLUS as far as "MARKET SENTIMENT" is concerned

          Sector 137, 143, 168 Will All get a "POSTIVE" Push in "market sentiment" direction WHEN METRO BOARDS are put up and Some activity starts

          Comment


          • Re : Lotus Zing by The 3C Company in Sector 168, Noida

            Your posts are always confusing for me Zohaib... Please clear your stand

            1. Sometimes you say quoted deals are higher, real price is actual offers. Sometime you say quoted deals are to get Info of Buyers.

            2. Your second points looks more valid in sellers market but in current situation buyer the the one who can force his condition to pay in 60/90 days full white as per his convenience. As per my view It is a buyer market.

            3. I agree here but if deal is availabe for the same floor 3000(Basic) for non park facing one would agree to pay (3000 + PLC) + 50/100 Rs extra for park facing on the same floor but not 500 RS extra for park facing.

            4. How you could be sure that only deals which are available cheap has late payments issues and the deals which are quoting more price has no late payment issues. Even if that is there I hope this can be covered in "ägreement to sell" to safeguard buyer from such situation.

            5. Do you see this as an opportunity for long term investor, or will you suggest to wait for another 6 months to 1 year.



            Originally posted by zohaib2012 View Post
            The issue on must understand is:

            1. Online quoted deals on websites are MOSTLY Baits to get Info of Buyers ..and get them interested to contact dealers...Something like UPTO 80% Off type Ads one sees everywhere.

            2. Investors who Wish to exit WILL give reasonable discounts if they are LURED by Buyer....Eg: No involvement of loan....Max Black Component....Full Payment in 2-3 days
            etc etc etc

            3. Every society has Good Units as well as Bad Units..and majority Average Units.
            The rates I quoted were KNOWN TRANSACTION Deals for Good Units
            (East facing, park facing, expressway facing, 3 side open, Middle floors, Corner Units, etc)
            These are Prime Units and hold better resale rates and demand.

            4. There are LOTS OF UNITS posted Online at cheap rates....but if you check with Builder...you will come to know that there are Late payments, Interests, etc etc
            Also many projects where Bank loan is involved and Seller will ask buyer to pay him good % upfront so he can foreclose his loan, etc etc etc

            5. In Sector137...Gulshan Vivante, Ajnrara, Purvanchal have Much better demand and resale rates

            In sector 168...Lotus zing is the only in demand project

            In sector 143...Gulshan Ikebana is in demand


            Jaypee AT THE MOMENT is having poor demand and poor resale rates....BUT IF ...They pick up construction work at war footing and start delivering Facilties and Flats fast...then they will see a Jump in resale rates and demand also.

            The Question in jaypee is "IF"......Now its upto buyer to decide whether he can risk the "IF" factor or not


            TO SUM IT.....Its a Buyers market....and a Lot of good projects are laid down or will be laid out for them to choose from

            PS: In Oct 2012..when I told Buyers to EXIT Noida....LZ Known transaction rates were 4800-4900 BSP...Once again GOOD UNITS

            Now after 2.5 Years....its around 5300-5400 BSP ....Again GOOD UNITS

            The returns to Investors in this phase have been NEGLIGIBLE....But thats a Good thing for End users

            Also to add......

            Irrespective of whether Metro comes OR Not...whether Metro is a Election Gimmick OR Not.......As an INVESTOR.....Just Putting up of Metro Boards near the project is a HUGE PLUS as far as "MARKET SENTIMENT" is concerned

            Sector 137, 143, 168 Will All get a "POSTIVE" Push in "market sentiment" direction WHEN METRO BOARDS are put up and Some activity starts

            Comment


            • Re : Lotus Zing by The 3C Company in Sector 168, Noida

              Hi Zohaib,

              Regarding point 5 in ur post, could you pls let me know how you arrived at the conclusion that so & so projects are in demand for those sectors.
              By the no of deals going on or the project/builder is good or any other info that u have.

              m new here, so pardon my ignorance..

              Cheers!!
              Originally posted by zohaib2012 View Post
              The issue on must understand is:

              1. Online quoted deals on websites are MOSTLY Baits to get Info of Buyers ..and get them interested to contact dealers...Something like UPTO 80% Off type Ads one sees everywhere.

              2. Investors who Wish to exit WILL give reasonable discounts if they are LURED by Buyer....Eg: No involvement of loan....Max Black Component....Full Payment in 2-3 days
              etc etc etc

              3. Every society has Good Units as well as Bad Units..and majority Average Units.
              The rates I quoted were KNOWN TRANSACTION Deals for Good Units
              (East facing, park facing, expressway facing, 3 side open, Middle floors, Corner Units, etc)
              These are Prime Units and hold better resale rates and demand.

              4. There are LOTS OF UNITS posted Online at cheap rates....but if you check with Builder...you will come to know that there are Late payments, Interests, etc etc
              Also many projects where Bank loan is involved and Seller will ask buyer to pay him good % upfront so he can foreclose his loan, etc etc etc

              5. In Sector137...Gulshan Vivante, Ajnrara, Purvanchal have Much better demand and resale rates

              In sector 168...Lotus zing is the only in demand project

              In sector 143...Gulshan Ikebana is in demand


              Jaypee AT THE MOMENT is having poor demand and poor resale rates....BUT IF ...They pick up construction work at war footing and start delivering Facilties and Flats fast...then they will see a Jump in resale rates and demand also.

              The Question in jaypee is "IF"......Now its upto buyer to decide whether he can risk the "IF" factor or not


              TO SUM IT.....Its a Buyers market....and a Lot of good projects are laid down or will be laid out for them to choose from

              PS: In Oct 2012..when I told Buyers to EXIT Noida....LZ Known transaction rates were 4800-4900 BSP...Once again GOOD UNITS

              Now after 2.5 Years....its around 5300-5400 BSP ....Again GOOD UNITS

              The returns to Investors in this phase have been NEGLIGIBLE....But thats a Good thing for End users

              Also to add......

              Irrespective of whether Metro comes OR Not...whether Metro is a Election Gimmick OR Not.......As an INVESTOR.....Just Putting up of Metro Boards near the project is a HUGE PLUS as far as "MARKET SENTIMENT" is concerned

              Sector 137, 143, 168 Will All get a "POSTIVE" Push in "market sentiment" direction WHEN METRO BOARDS are put up and Some activity starts

              Comment


              • Re : Lotus Zing by The 3C Company in Sector 168, Noida

                Zohaib bhai as an aside just want to understand the logic of launching H&S F-Premier in Yamuna expressway with expected possession of June 2019 at 4990 psf . Can you explain the logic ?

                Comment


                • Re : Lotus Zing by The 3C Company in Sector 168, Noida

                  Originally posted by jollygood View Post
                  Zohaib bhai as an aside just want to understand the logic of launching H&S F-Premier in Yamuna expressway with expected possession of June 2019 at 4990 psf . Can you explain the logic ?
                  Very cheap. Considering Airport, night safari, bird sanctuary, F1 are there. Beside the IPL cricket stadium

                  Only the fools will buy RTM at same or lower prices in main Noida. ...

                  Comment


                  • Re : Lotus Zing by The 3C Company in Sector 168, Noida

                    Are you being sarcastic or being daft...

                    Comment


                    • Re : Lotus Zing by The 3C Company in Sector 168, Noida

                      If I get 5300-5400 BSP for good units for LP (yes with 400-500 extra charges as well), still I would not look at Zing at 5k BSP(although you are quoting way high) with 100 as extra charges. And I can get reasonable units of LP at 5400 BSP


                      Besides you yourself say a lot of things about density. What is LP density and LZ density.
                      LP is 100 flats/acre, Zing is 150. That's a huge difference , Zing cant be compared with LB and LP. Not to talk LB/LP are in more advanced state than Zing . 110 is more habitable than 168.


                      And BTW nobody is buying Zing.


                      Originally posted by zohaib2012 View Post
                      The issue on must understand is:

                      1. Online quoted deals on websites are MOSTLY Baits to get Info of Buyers ..and get them interested to contact dealers...Something like UPTO 80% Off type Ads one sees everywhere.

                      2. Investors who Wish to exit WILL give reasonable discounts if they are LURED by Buyer....Eg: No involvement of loan....Max Black Component....Full Payment in 2-3 days
                      etc etc etc

                      3. Every society has Good Units as well as Bad Units..and majority Average Units.
                      The rates I quoted were KNOWN TRANSACTION Deals for Good Units
                      (East facing, park facing, expressway facing, 3 side open, Middle floors, Corner Units, etc)
                      These are Prime Units and hold better resale rates and demand.

                      4. There are LOTS OF UNITS posted Online at cheap rates....but if you check with Builder...you will come to know that there are Late payments, Interests, etc etc
                      Also many projects where Bank loan is involved and Seller will ask buyer to pay him good % upfront so he can foreclose his loan, etc etc etc

                      5. In Sector137...Gulshan Vivante, Ajnrara, Purvanchal have Much better demand and resale rates

                      In sector 168...Lotus zing is the only in demand project

                      In sector 143...Gulshan Ikebana is in demand


                      Jaypee AT THE MOMENT is having poor demand and poor resale rates....BUT IF ...They pick up construction work at war footing and start delivering Facilties and Flats fast...then they will see a Jump in resale rates and demand also.

                      The Question in jaypee is "IF"......Now its upto buyer to decide whether he can risk the "IF" factor or not


                      TO SUM IT.....Its a Buyers market....and a Lot of good projects are laid down or will be laid out for them to choose from

                      PS: In Oct 2012..when I told Buyers to EXIT Noida....LZ Known transaction rates were 4800-4900 BSP...Once again GOOD UNITS

                      Now after 2.5 Years....its around 5300-5400 BSP ....Again GOOD UNITS

                      The returns to Investors in this phase have been NEGLIGIBLE....But thats a Good thing for End users

                      Also to add......

                      Irrespective of whether Metro comes OR Not...whether Metro is a Election Gimmick OR Not.......As an INVESTOR.....Just Putting up of Metro Boards near the project is a HUGE PLUS as far as "MARKET SENTIMENT" is concerned

                      Sector 137, 143, 168 Will All get a "POSTIVE" Push in "market sentiment" direction WHEN METRO BOARDS are put up and Some activity starts
                      Last edited April 25 2015, 10:50 AM.

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