Haven't seen a thread on this project in this forum hence starting one.

Anyone heard of it yet? I got mailer from 2 days back about this. this has studio+2bhk aprtments, bsp is 2850. Location doesn't look impressive as its behind BG coming from eway. But one good thing is typeA aprtmnts have 2 aprtments/floor and its G+14.
Have few Q's:
BOP is said to be mkting partner..Wht's that? Logix is way behind 3c in terms of mkting, so are they hiring professionals to do this on their behalf?
CP Kukreja is architect n engineers .. Any info on their reputation pls?
Who are the builders/contractors for this?
Couldn't find expected delivery date in the site.
Sector 141 is just opp this prj, anyone has first hand idea of that sector? Is it a village?

I'll call logix office tmrw morning to inquire about these but any details by members of this forum is welcome.

~ajay



Moderator's Note - Please note that this Project is also being concurrently discussed at http://www.indianrealestateforum.com...tml#post280494 . Please refer to this link for additional information/ views/ comments .
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  • Yes returns have not been great ie why oppourtunity is there..akhilesh jas se aayein hai ..tab se noida thanda hua hai..no big hikes....

    Originally Posted by cajatinjinda
    Dear All,

    I have purchased my Unit at BSP of Rs. 3350. Till now i have paid interest of Rs. 1.5 Lacs to bank.

    As on on today I am getting BSP of Rs. 3600 only. So effectively, only Rs. 1 Lac
    350)*990 - 1.5 Lacs) is earned after almost one year. It would have been better, if i had invested my funds in loan 1 % per month. That would hv given me more return then this property.

    Regards
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  • By possesion what r the rates you guys expect in zest.....a very optimistics view....
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  • 5500 + extra
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  • Can someone tell me about loading in this project I own a 1bhk here...thanks
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  • Originally Posted by Gabarsingh
    By possesion what r the rates you guys expect in zest.....a very optimistics view....


    30-35 lakh rupees..Nobody will pay more than this for 1bhk.
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  • Originally Posted by libra21
    30-35 lakh rupees..Nobody will pay more than this for 1bhk.



    30-35 Lakh!!! Is it possible in 2 years for STUDIO appaertment?? 6300+ AI !! ??
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  • Originally Posted by Gabarsingh
    zest prices have upswing....4300bsp is a new height...after a long time..prices r rising as soon as festival season is coming....



    Prithvi brokers called up for property and on asking need one Studio in zest they replied available @3650 bsp and deal can happen at 3600 as well so lot of gap exist in 4300 and 3600 , even my gut feeling is 4300 is unrealistic as of now but in june 14 if all goes well with real state market this rate seems possible .
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  • thanks libra......if ones get than 30-35 lakhs means @6500-7500 persqft ..then zest shud be sensible investment even if one keeps for longer terms...libra21 - r u a local noida person...

    Originally Posted by libra21
    30-35 lakh rupees..Nobody will pay more than this for 1bhk.
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  • Originally Posted by sharmapunit3
    Sharmaje, they are selling their earlier bought units, they were the underwriter of this project so they bought most of the units at the starting price. I would suggest the buyers to negotiate hard so the BOP price is close to the resale price.


    Just to clarify.BOP and other brokers do two kind of deals one is direct deals and the other resale.Direct deals are all white deals and you buy directly from Logix while they do the legwork.Cheque is drawn on Logix only.BOP get a commission on these deals.Discounts offered are because of poor market conditions.

    Second is the resale deals which have a cash component and these units BOP have purchased from Logix earlier maybe a year back.Holding for a longer period will not be profitable as the interest components go up.
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  • Originally Posted by Akv1986
    30-35 Lakh!!! Is it possible in 2 years for STUDIO appaertment?? 6300+ AI !! ??


    In October, 2007, I sold a Noida authority 1BHK LIG flat in sector-71 for 22 Lacs. That flat was on 1st floor and had some seepage from bathroom above. Construction quality of Noida authority flats is mostly deplorable.

    So, 30 Lacs for a 1BHK in Zest is not impossible on possession, particularly for flats on lower floors where lift ratio won't be a concern. That is assuming real estate market will not totally crash in next 2-3 years and builder will deliver decent quality.

    Disclaimer: I don't have any investment in this project.
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  • Hi if 30 lkhs happens should be a gud investment as currently prices are around 22.75 lakhs(all incluive) for covered car parking units units....
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  • Originally Posted by Gabarsingh
    thanks libra......if ones get than 30-35 lakhs means @6500-7500 persqft ..then zest shud be sensible investment even if one keeps for longer terms...libra21 - r u a local noida person...


    No. I stay in New Delhi :)
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  • Sharad mein no movement but seems there are buyer around....lets see how the rates goes in navratras....
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  • Gabbar Singh ji. Aap Zest ke rates badhwa kar hi dam loge.
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  • Today I got a call from BOP regarding logix projects on EW. When I asked about the possession date , got answere that, For County--1 Year , Greens--1.5 Years , ZEST-2.5 Years.
    Strange .... BOP ki last 6 months se possession dates hi change nai ho rahi hai...:-)
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