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Logix Group | Safe or Not

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Logix Group | Safe or Not

Last updated: July 11 2011
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  • Logix Group | Safe or Not

    Hi,

    Just checked the below link and get to know even Logix is not safe. Please let me know if anyone have any idea on this.

    BSP land allotments in Noida caused Rs 40,000 crore loss: BJP - The Economic Times
  • #2

    #2

    Re : Logix Group | Safe or Not

    Originally posted by rkapur View Post
    Hi,

    Just checked the below link and get to know even Logix is not safe. Please let me know if anyone have any idea on this.

    BSP land allotments in Noida caused Rs 40,000 crore loss: BJP - The Economic Times

    lolx , ab toh barat mai sari partiyaan ayengi jab tak election nahi ho jate hain. Jahe Congress ho ya BJP, SP ka ana bacha hai

    Above link only shows name of the Brand but not name of the project but Logix most of projects are on NE but still it is not an issue


    StuD \m/
    If You Guys Are Going To Be Throwing Beer Bottles At Us At Least Make Sure They Are Full

    Comment

    • #3

      #3

      Re : Logix Group | Safe or Not

      Logix Projects are on Noida Expressway and coming Logix name means even expressway is not safe.

      Do any one have any idea on this

      Comment

      • #4

        #4

        Re : Logix Group | Safe or Not

        These are allegations only that is also by political parties only ... earlier there were news when SP did these allegation then 3C, Supertech and Amrapali names also have come ..... if BMW goes out of Power then may be Logix also have to pay out to new Govt just like any other benefited builder ..

        As fas as expressway Land aquition the above artilcle said nothing ... so as no worries so far for expressway or land alloted to Logix ..



        Originally posted by rkapur View Post
        Logix Projects are on Noida Expressway and coming Logix name means even expressway is not safe.

        Do any one have any idea on this

        Comment

        • #5

          #5

          Re : Logix Group | Safe or Not

          Originally posted by nsharma View Post
          These are allegations only that is also by political parties only ... earlier there were news when SP did these allegation then 3C, Supertech and Amrapali names also have come ..... if BMW goes out of Power then may be Logix also have to pay out to new Govt just like any other benefited builder ..

          As fas as expressway Land aquition the above artilcle said nothing ... so as no worries so far for expressway or land alloted to Logix ..

          True, Election time is near now, Its natural After rahul baba others party will also get activate.

          NEW is safe so now Logix. Many other posts already gave lot of Egs.



          StuD \m/
          Last edited July 10 2011, 12:55 AM.
          If You Guys Are Going To Be Throwing Beer Bottles At Us At Least Make Sure They Are Full

          Comment

          • #6

            #6

            Re : Logix Group | Safe or Not

            Originally posted by StudRawk View Post
            True, Election time is near now, Its natural After rahul baba others party will also get activate.

            NE is safe so now Logix. Many other posts already gave lot of Egs.



            StuD \m/
            End user is looking for the safest investment. For all the projects in Noida (either in 7x,10x or expressway), there is some doubt in the buyer's mind due to the SC decision. In reality, no one is sure about the clear picture. So everything is safe as of now. Not sure about the same in coming few weeks...Wait and watch is the stratergy that most of the buyers should opt....
            Nitin

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            • #7

              #7

              Re : Logix Group | Safe or Not

              Also notice the time period they are talking about - it is 2010-11. Expressway projects were handed over before that. It might be the Logix mall/hotel in Sec-34 they are talking about..

              Comment

              • #8

                #8

                Re : Logix Group | Safe or Not

                I was surprised by not seeing 3c's name because they got the best land location in Noida in last few years. I don't think there is any trouble on N expressway as these land deals were settled long time ago. If BMW loses then it will problem for some builders close to her like Jaypee as they received most of the land for pennies.

                Comment

                • #9

                  #9

                  Re : Logix Group | Safe or Not

                  Originally posted by djvjain View Post
                  I don't think there is any trouble on N expressway as these land deals were settled long time ago.
                  Do we have any source for this information ? If land is free from dispute in expressway then should one think of buying there without any fear in mind ?

                  I am asking this question as many people are not aware of the land acquisition in Noida expressway (i.e. under which clause it was acquired)... Your comments on this can help some buyers to take the decision..

                  Thanks.
                  Last edited July 10 2011, 02:18 AM.
                  Nitin

                  Comment

                  • #10

                    #10

                    Re : Logix Group | Safe or Not

                    I read a thread last month in which someone filed an RTI to know more about the land on expressway. It was said that the land along the expressway was acquired at the time when the construction of the expressway started, which was about 10 years ago. Lets see if other buyers have any info on it, but in my opinion it is safe.

                    Comment

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