Dear frnds,

I found India Inc. is going down. Rupee depreciating against foreign currencies (good for only NRI including me) and interest rates are increasing. Inflation rate is too high. I think best to keep your hard earned money in your account and wait for some time.
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  • Originally Posted by zohaib2012
    END USERS PLANNING TO ENTER NOIDA NOW:

    Put your money in a good interest yielding Liquid investment like FD, etc and wait.....

    The Prices ON PAPER will rise everywhere...and you will be hit by a tsunami of garbage paid articles in Print media....but Donot worry.....
    These are all desperate attempts to sell....

    Wait till More supply is offloaded in market...and there is No shortage of it in Noida region....infact the supply to be offloaded is HISTORICAL

    Jaypee wishtown ALONE has More inventory that All Existing Residential Units in ENTIRE Noida today !!!!!!!

    So with every project nearing completion......Huge supply will come.....Huge choice will come......and you would be able to judge the quality Yourself....by actually seeing the RTM unit and project
    You would be able to judge if all the Builder Hype has been delivered or not.....Thats most important for END USER

    Home Loan rates are Also going to come down further in next 1-2 years

    You would be able to Judge that if the new sector , region is Actually worth living or not.....

    You would be able to see yourself what is the meaning of SUPER HIGH density..and whether its acceptable to you or not

    Noida Under construction was WORTH entry at 2500-3500 psf price tag......

    At todays rate..making an entry is not advisable.....too many ifs and buts involved

    I dont see any reason why one should take this risk today at these rates....when you know after 2 years....you will get a very good picture

    4500 psf today and paying 6000psf after 2 years.....wont make much of difference....if u start calculating the effect of low home loan rates...interest generated by ur ready cash...and most importantly...No headache

    Choice is urs.....

    The quote thrown around like a toy everywhere....that One should Buy a property whenever he can afford it....holds value in RTM property......or Plots.....

    Not UC property ..spl..the types in market these days

    The property UC in Noida is One of its kind in entire NCR and involves mostly new builders...

    Multistorey project of such density with multi level basements, etc is very different from making builder flats...or small societies with stilt parkings..

    The multistoreys IF NOT BUILT PROPERLY will be a Nightmare to live in.....with seepage, leakages, Lift probelms...etc etc


    Agree totally with this.

    For end user, above is the best advice possible
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  • Probable next tag line of Noida builders when the sales will get affected further due to recession....

    "Noida - isse sasta aur isse achha kahin nahin..."
    CommentQuote
  • Originally Posted by LChand
    Probable next tag line of Noida builders when the sales will get affected further due to recession....

    "Noida - isse sasta aur isse achha kahin nahin..."


    I feel Noida price are not too much hyped. Chances of price correction is not that much since in Gzb and Faridabad locations, prices are 3000 psf which are not having even 25% of Noida's infrastructure.
    CommentQuote
  • Originally Posted by zohaib2012
    END USERS PLANNING TO ENTER NOIDA NOW:

    Put your money in a good interest yielding Liquid investment like FD, etc and wait.....

    The Prices ON PAPER will rise everywhere...and you will be hit by a tsunami of garbage paid articles in Print media....but Donot worry.....
    These are all desperate attempts to sell....

    Wait till More supply is offloaded in market...and there is No shortage of it in Noida region....infact the supply to be offloaded is HISTORICAL

    Jaypee wishtown ALONE has More inventory that All Existing Residential Units in ENTIRE Noida today !!!!!!!

    So with every project nearing completion......Huge supply will come.....Huge choice will come......and you would be able to judge the quality Yourself....by actually seeing the RTM unit and project
    You would be able to judge if all the Builder Hype has been delivered or not.....Thats most important for END USER

    Home Loan rates are Also going to come down further in next 1-2 years

    You would be able to Judge that if the new sector , region is Actually worth living or not.....

    You would be able to see yourself what is the meaning of SUPER HIGH density..and whether its acceptable to you or not

    Noida Under construction was WORTH entry at 2500-3500 psf price tag......

    At todays rate..making an entry is not advisable.....too many ifs and buts involved

    I dont see any reason why one should take this risk today at these rates....when you know after 2 years....you will get a very good picture

    4500 psf today and paying 6000psf after 2 years.....wont make much of difference....if u start calculating the effect of low home loan rates...interest generated by ur ready cash...and most importantly...No headache

    Choice is urs.....

    The quote thrown around like a toy everywhere....that One should Buy a property whenever he can afford it....holds value in RTM property......or Plots.....

    Not UC property ..spl..the types in market these days

    The property UC in Noida is One of its kind in entire NCR and involves mostly new builders...

    Multistorey project of such density with multi level basements, etc is very different from making builder flats...or small societies with stilt parkings..

    The multistoreys IF NOT BUILT PROPERLY will be a Nightmare to live in.....with seepage, leakages, Lift probelms...etc etc


    Nothing is available in livable location in Gurgaon less than Rs 9000-10,000 psf in gurgaon and in booking nothing is avilable less than Rs 7,500 psf in normal under construction projects.

    I don't find it intersting that at N-Expwy prices of existing 4,500 psf will not be more than 6,000 psf after 2 years.

    If you remove JP wishtown from N-Expwy than there is no development and potential of whole N-Expwy or Noida region, so it is also not intersting to say that JP wishtown has more flats than whole of Noida. Don't forget project like wishton, Noida is an exceptionally excellent project not in NCR but in India.
    CommentQuote
  • Originally Posted by LIONTALKS
    Nothing is available in livable location in Gurgaon less than Rs 9000-10,000 psf in gurgaon and in booking nothing is avilable less than Rs 7,500 psf in normal under construction projects.

    I don't find it intersting that at N-Expwy prices of existing 4,500 psf will not be more than 6,000 psf after 2 years.

    If you remove JP wishtown from N-Expwy than there is no development and potential of whole N-Expwy or Noida region, so it is also not intersting to say that JP wishtown has more flats than whole of Noida. Don't forget project like wishton, Noida is an exceptionally excellent project not in NCR but in India.


    I agree with u. Wish town will be delayed but for end user it will be an excellent place to live.
    CommentQuote
  • CommentQuote
  • Has India Plunged Into Recession? Availability of RTM units in 2012-2013

    We don't really know the full nature or impact of this time around Recession or Global financial crisis. Regarding availabiltiy of RTM units in Noida, I don't think that is any finished project that can be delivered in 2012. As and when these units do get delivered over the period of next two years (2013 to 2014), the prices of good finished units will rise compared to others. Till such time one can either choose to invest at 4500 in year 2012 or 6000 in year 2013 or so. Alternatively, one can put their money in FD and be a cash rich king, till such time one has decidesd to invest in real estate. It is one's personal decision and the outcome will vary.
    CommentQuote
  • Originally Posted by zohaib2012
    END USERS PLANNING TO ENTER NOIDA NOW:

    Put your money in a good interest yielding Liquid investment like FD, etc and wait.....

    The Prices ON PAPER will rise everywhere...and you will be hit by a tsunami of garbage paid articles in Print media....but Donot worry.....
    These are all desperate attempts to sell....

    Wait till More supply is offloaded in market...and there is No shortage of it in Noida region....infact the supply to be offloaded is HISTORICAL

    Jaypee wishtown ALONE has More inventory that All Existing Residential Units in ENTIRE Noida today !!!!!!!

    So with every project nearing completion......Huge supply will come.....Huge choice will come......and you would be able to judge the quality Yourself....by actually seeing the RTM unit and project
    You would be able to judge if all the Builder Hype has been delivered or not.....Thats most important for END USER

    Home Loan rates are Also going to come down further in next 1-2 years

    You would be able to Judge that if the new sector , region is Actually worth living or not.....

    You would be able to see yourself what is the meaning of SUPER HIGH density..and whether its acceptable to you or not

    Noida Under construction was WORTH entry at 2500-3500 psf price tag......

    At todays rate..making an entry is not advisable.....too many ifs and buts involved

    I dont see any reason why one should take this risk today at these rates....when you know after 2 years....you will get a very good picture

    4500 psf today and paying 6000psf after 2 years.....wont make much of difference....if u start calculating the effect of low home loan rates...interest generated by ur ready cash...and most importantly...No headache

    Choice is urs.....

    The quote thrown around like a toy everywhere....that One should Buy a property whenever he can afford it....holds value in RTM property......or Plots.....

    Not UC property ..spl..the types in market these days

    The property UC in Noida is One of its kind in entire NCR and involves mostly new builders...

    Multistorey project of such density with multi level basements, etc is very different from making builder flats...or small societies with stilt parkings..

    The multistoreys IF NOT BUILT PROPERLY will be a Nightmare to live in.....with seepage, leakages, Lift probelms...etc etc

    One of the best and apt posts on IREF....

    Zohaib, you've summed it up quite nicely...
    CommentQuote