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

    Any idea what is the existing rate for phase 2 towers?

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

      Originally posted by deeprupani View Post
      Any idea what is the existing rate for phase 2 towers?
      as discussed with an agent, company rate is 5800 and resale rate is 4800..

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

        Going by the feedback of 1st phase buyers 4800 looks to be worth. Any other opinion?

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

          Originally posted by deeprupani View Post
          Going by the feedback of 1st phase buyers 4800 looks to be worth. Any other opinion?
          I think ppl will make mind after seeing it with their own eyes now...should not be big wait for that..!!

          If it is really good then 4800 barrier can easily be broken....wait n watch

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

            Agreed,

            If for ready to move in OMAXE sec 93 is being quoted 6000 + It will be much higher then 48K.

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

              Originally posted by deeprupani View Post
              Agreed,

              If for ready to move in OMAXE sec 93 is being quoted 6000 + It will be much higher then 48K.
              Omaxe 93B is a one go project as far as I remember, i.e. all the towers are ready for possesion in that project. However that is not the case with LB, LP.

              Maybe when LB LP are fully developed with clubs etc, it might be 8K aram se.

              BTW guys what do you feel, post elections if BMW sarkar does not return to power, projects across noida might stop for a while.

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

                Omaxe 6k+ is all incl. LB 4800 is BSP only.

                Omaxe is a low density project. Posh-ness can be added to the flat, but density can not be removed.

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

                  Originally posted by fatichar View Post
                  Omaxe 6k+ is all incl. LB 4800 is BSP only.

                  Omaxe is a low density project. Posh-ness can be added to the flat, but density can not be removed.
                  Quite right but how to account for FAR IN price valuation.

                  A society with 1.5 FAR is more valuable than one with 2.75 FAR. But is there any methodology to estimate the price difference between the two cases

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

                    No. It depends on individual choice.

                    For the mathematically inclined,

                    you can calculate the share of land cost in the flat value. That would make the difference.

                    e.g.

                    For Omaxe, i think FAR = 1.5. so a flat of 1000 sqft owns 666 sqft of land.

                    For LB, FAR = 2.75. so a flat of 1000 sqft owns 363 sqft of land.

                    Assuming the land prices to be the same in both areas,

                    Omaxe flat has about 300 sqft extra land. = 30% of flat area.

                    So add 30% of land rate to the price of 2.75 FAR society, to get the price of low FAR society.

                    So here,

                    if LB is at 5200 psf all incl.

                    land price = 10000 psf.

                    weighed land price = 3000 psf.

                    price of omaxe should be 5200 + 3000 = 8200 psf.

                    Now obviously market wont pay such a premium for low density. If it did, many builder's would still be making projects with low FAR. That's why I wrote initially that it depends on individual choice. That decides the actual rate. As most people prefer cheaper flats to openness, the premium for openness would be lower than the share of land price.

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

                      Pravin bhai...why you waste your super talented mind on internet...?

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