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Plot no GH04- Noida Sector 110

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Plot no GH04- Noida Sector 110

Last updated: February 22 2014
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  • Plot no GH04- Noida Sector 110

    Can someone confirm which project is impacted.. I am aware only for 3C Lotus in sector 110 and Shramik Kunj
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  • #2

    #2

    Re : Plot no GH04- Noida Sector 110

    Originally posted by fritolay_ps View Post
    Can someone confirm which project is impacted.. I am aware only for 3C Lotus in sector 110 and Shramik Kunj
    I am not sure which project is this one but I have a very fundamental question....

    How a builder can mortgage an under construction house when he had already sold the inventories to others (or the other way). Once the under construction house is sold, technically builder is no longer the owner (legally might be until the registration is done). It is like mortgaging Taj Mahal!!

    What will happen to the ownership of the actual buyers? Who will have precedence in claim?

    Legal experts can share some light please. I hope our legal experts are not expert only on NE case

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    • #3

      #3

      Re : Plot no GH04- Noida Sector 110

      Can someone clarify which projects this auction belongs to as the notice says

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      • #4

        #4

        Re : Plot no GH04- Noida Sector 110

        Location

        I managed to find location

        Wikimapia - Let's describe the whole world!


        Location is just next to Community Health Center (near Qabristan)..You can see two tower which is GH-04 plot (Yellow one in map). But not know the builder name.. Those who have been in sector 110, can comment on this location
        Attached Files
        Last edited July 6 2011, 09:47 AM.

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        • #5

          #5

          Re : Plot no GH04- Noida Sector 110

          There are two towers unfinished near dadri road...they are being mentioned here most probably....


          Originally posted by fritolay_ps View Post
          I managed to find location

          Wikimapia - Let's describe the whole world!


          Location is just next to Community Health Center (near Qabristan)..You can see two tower which is GH-04 plot (Yellow one in map). But not know the builder name.. Those who have been in sector 110, can comment on this location

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          • #6

            #6

            Re : Plot no GH04- Noida Sector 110

            Originally posted by deeps79 View Post
            There are two towers unfinished near dadri road...they are being mentioned here most probably....
            yes, definitely. the name of the builder was mentioned on this forum somewhere. But the million dollar question is, who is going to pay 46 Crores for this mess? The plot size is less than 1.4 acres, is surrounded by a lot of garbage and also meat shops. If one buys it at 46 crore, he has to spend at least 10 crore to finish the project. So total cost 56 crore. Now FAR is 86000. so break even price for buyer = 56cr/86k = 6500/sqft!!!

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            • #7

              #7

              Re : Plot no GH04- Noida Sector 110

              Yes, you seem to be right, there are 2 unfinished towers at the site.

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              • #8

                #8

                Re : Plot no GH04- Noida Sector 110

                BL Gupta is a famous construction contractor. Is it same? Found out this website....

                B. L. Gupta Construction (P) Ltd.

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                • #9

                  #9

                  Re : Plot no GH04- Noida Sector 110

                  Is this project is BLGC Euphoria in Sector 110?

                  :: B. L. GUPTA CONSTRUCTION (P) LTD.

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                  • #10

                    #10

                    Re : Plot no GH04- Noida Sector 110

                    Yes, thats the one.

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