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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

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

    Originally posted by rovingeye View Post
    Capacity will surely go down - if you're dependent on financing.
    Sir - isnt it fair to say that 90% of the Users of LB/LP (or in general, the segment we are discussing currently) would be dependent on financing?

    How many people (barring professional investors) would you know who would buy an LB/LP cashdown with their own money, without being dependent on financing

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

      Originally posted by rovingeye View Post
      Capacity will surely go down - if you're dependent on financing.
      How? during recession, interest rates tend to go south. but salaries do not get cut for most people. so how does buying capacity go down?

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

        Originally posted by samirpanache View Post
        Tis could only be done by a person who is either out of the project ... because somebody who has invested good amount in the project, after doing a lot of Recee of the area would tend to support it... Thats his self interest.... Pray that the final product is the best in its segment
        Kyon bhai! if someone comes to know some negative point after purchase, should he not point out? will pointing out a flaw correct the prices? What self interest does it serve to ignore whatever bad the builder does?

        Last week LChand mentioned here that 3C will not pay penalty unless asked for by the buyer. Many got shocked due to this. Did they start selling their flats at 10% discount? No. They got aware and a were saved from being robbed of a few thousand rupees.

        Visit thread http://www.indianrealestateforum.com...ida-13044.html . Here all buyers always discuss the +ves and -ves of the project. When some -ve is of real concern, we take that up with the builder as well. Some times it makes a difference. That is in the self interest, not emotionally defending the project/builder.

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

          Originally posted by fatichar View Post
          How? during recession, interest rates tend to go south. but salaries do not get cut for most people. so how does buying capacity go down?
          Fatichar Bhai - to this point, I'd agree with RovingEye (even his initials are RE, proves that he loves Real Estate in his own little way ).

          In recessionary situations, although salaries of most people does not go down but it is a fact that available liquidity does get sucked out of the system (classic happening in a recession) AND if you factor inflation (without a corresponding RISE in wages) - your net buying capacity does have an impact.

          Finally, in these times - a classic problem is of reduced spending, one tends to save up for a rainy day - chances reduce that you will initiate a fresh loan to buy a property. But you may initiate a purchase if you have a pile of cash and you see a discounted property
          Last edited by dineshsays; July 17 2012, 06:23 PM.

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

            That's precisely my point - for the people who joined the bandwagon without any intention of living in these houses (read:small time investors), they are just rent seekers who have probably taken the homes out of reach from their rightful owners. And the rightful owner is someone who can afford the homes without piling on excessive debt burden on himself - recession or not. And if a recession shakes away these small time punters, then so be it. The guy who can afford the house will buy it - with or without financing.

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

              Originally posted by fatichar View Post
              How? during recession, interest rates tend to go south. but salaries do not get cut for most people. so how does buying capacity go down?
              I think he meant - in the worst case scenario - if a guy loses his job, he would be more interested in preserving capital, rather than making a big ticket spend.

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

                Originally posted by rovingeye View Post
                I'll tell you one thing you all "poor investors and end users" should keep in mind - just because a better alternative does not exist, does not make another product good. The logic that JP is worse than LB does not make LB a great property. If you remember that, investing might become more fruitful.

                Loh bata diya.
                Buddy Rovingeye,
                You need to understand that which market you are buying/selling in and what are the incomes of majority of people there.
                A builders project specifications foccuses on this.............else we would have seen a Dlf magnolia project selling here ( 23k psqft) instead of our 3c projects as Niche Projects...........
                A project like Omaxe Forest Spa not having 100% takers even after 5 years of launch..........irrerspective of the builders reputation/delay in project and rates still so affordable .........
                On a final note this isnt gurgaon so lets ease off our expectations.....................

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

                  Originally posted by rovingeye View Post
                  That's precisely my point - for the people who joined the bandwagon without any intention of living in these houses (read:small time investors), they are just rent seekers who have probably taken the homes out of reach from their rightful owners. And the rightful owner is someone who can afford the homes without piling on excessive debt burden on himself - recession or not. And if a recession shakes away these small time punters, then so be it. The guy who can afford the house will buy it - with or without financing.
                  Sir,
                  if you go into financing industry principles, they are:-
                  a. Basic principle is only those people get financed who have money i.e. shown money in their books of accounts or earn good salary
                  b. Those who have money need more money as basically -the greed to be precise increases more, and they want more assets.
                  c. People with money want more tax breaks so they get into financing to get more tax-breaks.

                  So to conclude that people with meagre/micro resources only run for financing is a fallacy and should be reasesed.

                  Comment


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

                    Fatichar...

                    This comment was in context to rumor circulation without checking the authenticity

                    Read Again



                    Originally posted by fatichar View Post
                    Kyon bhai! if someone comes to know some negative point after purchase, should he not point out? will pointing out a flaw correct the prices? What self interest does it serve to ignore whatever bad the builder does?

                    Last week LChand mentioned here that 3C will not pay penalty unless asked for by the buyer. Many got shocked due to this. Did they start selling their flats at 10% discount? No. They got aware and a were saved from being robbed of a few thousand rupees.

                    Visit thread http://www.indianrealestateforum.com...ida-13044.html . Here all buyers always discuss the +ves and -ves of the project. When some -ve is of real concern, we take that up with the builder as well. Some times it makes a difference. That is in the self interest, not emotionally defending the project/builder.

                    Comment


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

                      I think possession will not start anytime soon.

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