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3C Lotus Boulevard by The 3C Company in Sector 100, Noida

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3C Lotus Boulevard by The 3C Company in Sector 100, Noida

Last updated: August 2 2018
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  • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

    I agree with Zohaib - one should wait for RTM for NOIDA for end users.

    There is no doubt on this. This is a clear black and white decision - there is no advantage to buying in NOIDA at these kinds of prices - better to wait for more advanced stages of delivery/ready to register.
    Venky (Please read watch a or before posting)

    Comment


    • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

      Originally posted by zohaib2012 View Post
      Mr.Rajat....of course u cannot compare...but to answer your queries regd my change in stance....its very simple....here we go:

      1. If you go through my posts even 2 years back i always maintained that Noida region is MIG Friendly and offers VFM projects for MIG segment.
      Then the price range was 2500-3500 psf...which was justifying the High density and congestion.

      2. I always maintained that Noida is High density and one should be aware of it...and NOT Expect an ATS village at 50% Discount

      3. The rates from 2009 to 2011 (mid) moved in a steady manner..but not abruptly.....that was the right graph....But THE MOMENT Noida extension issue happened...within 5-6 months prices were raised by 1000 psf ....It had NOTHING to do with Inflation, cost of construction, etc...It was Pure Planned move to help Builder-Broker-Investor Nexus

      4. Price increase should have some justification...some positive...Noida had NONE...MNCs gave a COLD SHOULDER to the region....Farmers issues....Metro Cancellled...Noida and Greater Noida authority Losing Crores....No industry in the region.....Absoltely NO POSITIVE...This is the WEAK POINT OF THE REGION........and it will lead to problems.


      5. The infra of Noida is going from bad to worse....industries leaving...MNCs have given cold shoulder (20% space being leased out is more of a neagtive than positive).....and CONTINUING BULLSHIT attitude of Authority are MAJOR PROBLEMS...MAJOR....

      6. People who Invested at 2500-3500 psf range or even 4000 psf...have got Value for money.....PAYING NOW AT 5000 PSF FOR THIS REGION...WHERE NOTHING IS CERTAIN AND SO MANY PROBLEMS...IS NOT AT ALL RECOMMENDED.

      7. I always maintained that PLOTS are best for this region....and even today It holds true....Buying a Expensive Flat in this region is NOT RECOMMENDED.....You will Lose in the long run....
      If you are so much in love in this region and want to buy a luxury flat to live in.....BUY A PLOT...OR FLATS IN GURGAON.....SELL THEM WHEN THESE Projects in Noida are RTM.....THEN BUY

      8. Even before elections I was telling that BMW has screwed this region beyond repair.....everyone knows it.....

      9. I NEVER EVER SUGGESTED ANYONE TO INVEST in Noida...I always maintained....Noida is Not an Investors market.....Even in past 2-3 years..this region has given very average returns compared to some sectors of Ghaziabad, plot sectors of Greater Noida and even Dwarka expressway

      9. I STILL MAINTAIN That Noida expressway is one of the best MIG Destinations for End use....2500-3500 PSF RATE was justified to enter the risks of Under construction....But NOW....NO WAY.....

      10. End users should wait for these RTM projects to be ready...and then buy if they like what they see.


      My investors were not seeing any movement in prices for nearly 5-6 months.....I made them exit....invested somehwere else...got a whoooping return...within 40 days....they are now in a posiition to re enter noida and buy a bigger unit than they were holding before....its their choice

      No need to get emotional with your purchase...

      Buying a flat for End use MAY NOT be a One step process....

      Buy..sell...Buy..sell...Buy...sell.....Maybe you would end up with a Penthouse after 4 years...when infact you started with a 3 bhk !!!!!

      I have seen this many many times....


      ASK ANY BUSINESSMAN....ANY ONE....AND HE WILL TELL YOU THE GRAVITY OF DEMAND AND SUPPLY EQUATION

      In Noida RE....Its HEAVILY TILTED in favour of supply...

      Inflated prices will not be able to sustain....

      70% buyers in noida are investors...and in flats..investors have to exit....else paying maintenance...etc etc.....will push them back.

      THEY WILL EXIT.....they have No choice......

      I donot see a RTM flat in a MIG Project on Noida expressway going more than 6-6.5k psf....

      Thats 2-3 years from now....

      5000 psf today and 6500 psf after 2-3 years....whats the Big difference....Just save your money....Loan rates are going to come down as well....

      All points valid and taken..but I have a small problem. Maybe you can help me resolve it. I buy a 2000 sq. ft. house at 6.5K 2 years down the line from someone who purchased at 4.5 K say today. That gives him a margin of 2K in 2 years. In totality, I pay him 40lacs extra.

      Now, why would I not like to be the person who can make 40 lacs on an investment of 70 lacs(CLP payment) by that time. Maybe, I have diversified investements in Noida. Gurgaon, Delhi etc along with Gold. But, I don't see that even 25 lacs(lower margin) return too bad in 2 year period from 1 set of investment. If I take it as a pure investment, I do not have time to move my money everyday and need a place to park it. Remember, I am not a full time invester. For me, this would be extra income & not primary...

      Also, I am a telecom professional and Noida happens to be one of the hub besides Gurgaon, Delhi, mumbai, hyderabad, bangalore, pune etc. I don't know where I will be or even if I will be living in India but for sure even if I am in India, I won;t mind living in Noida in a nice decent sized flat with my wife as it is close to my ancestral house in Delhi where I can access my parents with ease. Remember, this is not my story alone. All my friends have put their money in Noida and they have same opinion. Its an open world today. Nobody really knows where they will end up. All of us can be end users or all of us be investors and also there is a probability, all of us may end up being end users without actually living in the houses. So, there are too many things that need to be factored in here. Its just not as simple..

      Comment


      • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

        Rajat bhai... Zohaib is relating his above post for common man not for extra ordinary telecom professionals....

        Comment


        • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

          Rajat....I have a simple thing to say....

          If Noida suits you to Live...VERY GOOD....No problem in that....everyone has choices....needs and requirements....

          But DONOT ENTER NOW....specially if you are END USER.....as you dont know what you will get !!!!!

          One should Enter UC property if its price is LOW....not when its inflated

          It was fine to enter Noida at 2500-3500 psf levels.....price justified the risks associated with region.

          I suggest you.....PUT YOUR MONEY IN ANY STABLE, SECURE, LIQUID Investment as per your choice.....and WAIT.

          Noida is not running away.....neither its delhi where there are only handful projects offering you ONCE IN A LIFETIME oppurtunity to grab.....

          You money can be safe anywhere....enjoying minimum 10% gains (FDs offer that)....and you can comfortably sit and observe noida market....

          Prices in RE NEVER jump overnight...the process is gradual....

          Once projects are RTM......VISIT THE PROJECTS...SEE THE QUALITY....JUDGE YOURSELF AND IF YOU LIKE WHAT YOU SEE....BUY

          Example...

          LB...One of the few projects in Noida nearing possesssion....Very good location....One of most talked about Builder.....is there LIMITED supply..Hard to find units....Prices way above builder rates..........NO....!!!!!!

          Where are the buyers..????

          Answer....Demand and Supply MISMATCH

          Now imagine what can happen when you will have Dozens of choices

          Comment


          • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

            Originally posted by zohaib2012 View Post
            Mr.Rajat....of course u cannot compare...but to answer your queries regd my change in stance....its very simple....here we go:

            1. If you go through my posts even 2 years back i always maintained that Noida region is MIG Friendly and offers VFM projects for MIG segment.
            Then the price range was 2500-3500 psf...which was justifying the High density and congestion.

            2. I always maintained that Noida is High density and one should be aware of it...and NOT Expect an ATS village at 50% Discount

            3. The rates from 2009 to 2011 (mid) moved in a steady manner..but not abruptly.....that was the right graph....But THE MOMENT Noida extension issue happened...within 5-6 months prices were raised by 1000 psf ....It had NOTHING to do with Inflation, cost of construction, etc...It was Pure Planned move to help Builder-Broker-Investor Nexus

            4. Price increase should have some justification...some positive...Noida had NONE...MNCs gave a COLD SHOULDER to the region....Farmers issues....Metro Cancellled...Noida and Greater Noida authority Losing Crores....No industry in the region.....Absoltely NO POSITIVE...This is the WEAK POINT OF THE REGION........and it will lead to problems.


            5. The infra of Noida is going from bad to worse....industries leaving...MNCs have given cold shoulder (20% space being leased out is more of a neagtive than positive).....and CONTINUING BULLSHIT attitude of Authority are MAJOR PROBLEMS...MAJOR....

            6. People who Invested at 2500-3500 psf range or even 4000 psf...have got Value for money.....PAYING NOW AT 5000 PSF FOR THIS REGION...WHERE NOTHING IS CERTAIN AND SO MANY PROBLEMS...IS NOT AT ALL RECOMMENDED.

            7. I always maintained that PLOTS are best for this region....and even today It holds true....Buying a Expensive Flat in this region is NOT RECOMMENDED.....You will Lose in the long run....
            If you are so much in love in this region and want to buy a luxury flat to live in.....BUY A PLOT...OR FLATS IN GURGAON.....SELL THEM WHEN THESE Projects in Noida are RTM.....THEN BUY

            8. Even before elections I was telling that BMW has screwed this region beyond repair.....everyone knows it.....

            9. I NEVER EVER SUGGESTED ANYONE TO INVEST in Noida...I always maintained....Noida is Not an Investors market.....Even in past 2-3 years..this region has given very average returns compared to some sectors of Ghaziabad, plot sectors of Greater Noida and even Dwarka expressway

            9. I STILL MAINTAIN That Noida expressway is one of the best MIG Destinations for End use....2500-3500 PSF RATE was justified to enter the risks of Under construction....But NOW....NO WAY.....

            10. End users should wait for these RTM projects to be ready...and then buy if they like what they see.


            My investors were not seeing any movement in prices for nearly 5-6 months.....I made them exit....invested somehwere else...got a whoooping return...within 40 days....they are now in a posiition to re enter noida and buy a bigger unit than they were holding before....its their choice

            No need to get emotional with your purchase...

            Buying a flat for End use MAY NOT be a One step process....

            Buy..sell...Buy..sell...Buy...sell.....Maybe you would end up with a Penthouse after 4 years...when infact you started with a 3 bhk !!!!!

            I have seen this many many times....


            ASK ANY BUSINESSMAN....ANY ONE....AND HE WILL TELL YOU THE GRAVITY OF DEMAND AND SUPPLY EQUATION

            In Noida RE....Its HEAVILY TILTED in favour of supply...

            Inflated prices will not be able to sustain....

            70% buyers in noida are investors...and in flats..investors have to exit....else paying maintenance...etc etc.....will push them back.

            THEY WILL EXIT.....they have No choice......

            I donot see a RTM flat in a MIG Project on Noida expressway going more than 6-6.5k psf....

            Thats 2-3 years from now....

            5000 psf today and 6500 psf after 2-3 years....whats the Big difference....Just save your money....Loan rates are going to come down as well....
            Zohaib,
            the analysis is good but practically bit far from reality...................why i said so ?......................simply because new projects are not getting launched.........old ones are getting delayed varying from minimum 1 year - 4 years...............so new supply is nearly stagnant...........the end user is getting screwedup.............builder is getting too...........but if you would see the supply for ready to move it would always be scattered..............never atone with the actual requirement at any time........variance can be there of demand and supply in time intervals............but never so bleak too..............so it would never be so bad..............and people wiht 5 year horizon would never suffer.............i can gaurantee...............
            The actual concern is which builder is going to pay money and installments for 10 years regularly and the group housing not suffer...............even after possession and registry............the authority is not going to have a soft heart for those apartments where builder has defaulted.
            Please share your inputs

            Comment


            • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

              LB , LP, LZ have no EIA

              Dear all

              pls be noted that PCB and EIA are totally different . LP rcvd comments in a EIA meeting, but not any formal approval. i can challenge if someone can post a copy of EIA for LP. issue is these are mega projects, more than 2000 apts. EIA will not be a joke to obtain.

              Comment


              • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

                Please visit meeting 30 notes, have a look at the following image..extracted from meeting notes... do you think, it means; LB is granted the clearance...?

                Originally posted by teen_patti View Post
                Dear all

                pls be noted that PCB and EIA are totally different . LP rcvd comments in a EIA meeting, but not any formal approval. i can challenge if someone can post a copy of EIA for LP. issue is these are mega projects, more than 2000 apts. EIA will not be a joke to obtain.
                Attached Files

                Comment


                • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

                  this confuses me further...as the image says plot area = 121000 sqm and built up area = 444458 sqm...
                  so what is the FAR?
                  is it FAR = built-up area/plot area = 444458/121000 = 3.67?
                  Zohaib sir; FAR calculation is OK?

                  Comment


                  • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

                    I agree that Noida is not so promising as Gurgaon and can never match Gurgaon becos of its MNC presence. We know there are obvious reasons and let it be. There is no industries or Major attraction in this region. But guys LB is not going to dustbin or scrapped, i know there will be delay but its a game of politics and it can change any moment.

                    Comment


                    • Re : 3C Lotus Boulevard by The 3C Company in Sector 100, Noida

                      Originally posted by Rajat__B View Post
                      All points valid and taken..but I have a small problem. Maybe you can help me resolve it. I buy a 2000 sq. ft. house at 6.5K 2 years down the line from someone who purchased at 4.5 K say today. That gives him a margin of 2K in 2 years. In totality, I pay him 40lacs extra.

                      Now, why would I not like to be the person who can make 40 lacs on an investment of 70 lacs(CLP payment) by that time. Maybe, I have diversified investements in Noida. Gurgaon, Delhi etc along with Gold. But, I don't see that even 25 lacs(lower margin) return too bad in 2 year period from 1 set of investment. If I take it as a pure investment, I do not have time to move my money everyday and need a place to park it. Remember, I am not a full time invester. For me, this would be extra income & not primary...

                      Also, I am a telecom professional and Noida happens to be one of the hub besides Gurgaon, Delhi, mumbai, hyderabad, bangalore, pune etc. I don't know where I will be or even if I will be living in India but for sure even if I am in India, I won;t mind living in Noida in a nice decent sized flat with my wife as it is close to my ancestral house in Delhi where I can access my parents with ease. Remember, this is not my story alone. All my friends have put their money in Noida and they have same opinion. Its an open world today. Nobody really knows where they will end up. All of us can be end users or all of us be investors and also there is a probability, all of us may end up being end users without actually living in the houses. So, there are too many things that need to be factored in here. Its just not as simple..
                      Chances are high that 2 years later also price will be 4500 only.

                      Again, 2 years later you might find these risks have materialised:

                      1. Builder might have run away
                      2. Builder bankrupt and project stalled
                      3. Project not completed or still needs 2-3 more years
                      4. Project is poor quality
                      5. Project is in court
                      6. Project has no sewage/water/electricity
                      7. Project complete but club house pool and other amenities not existing
                      8. Project complete and RWA hijacked by corrupt and useless people

                      Isnt it better for end use to avoid all of these? If prices were low, these were acceptable risks.

                      When prices are high, these risks are not worth it - RTM is better
                      Venky (Please read watch a or before posting)

                      Comment

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