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Ridge Residency by Today Homes in Sector 135, Noida

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Ridge Residency by Today Homes in Sector 135, Noida

Last updated: 6 days ago
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  • Re : Ridge Residency by Today Homes in Sector 135, Noida

    Hi All,

    Does anyone have any update on Tower H, for the last 1 year haven't seen any progress. Have been told that the contractor has been changed, but nothing on ground seems to be happening. If there is a whatsapp group pls let me know too. Thanks

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    • Re : Ridge Residency by Today Homes in Sector 135, Noida

      Went to site yesterday. In M block, painting of doors was in progress and as per the Todays staff sitting there , they will start the actual possession next month.

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      • Re : Ridge Residency by Today Homes in Sector 135, Noida

        Originally posted by kirtirathor View Post
        Went to site yesterday. In M block, painting of doors was in progress and as per the Todays staff sitting there , they will start the actual possession next month.
        Pls post pics of M tower?
        Central park?
        Landscaping opp tower M.

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        • Re : Ridge Residency by Today Homes in Sector 135, Noida

          Birlasoft leases 3 lakh sq ft in Assotech’s project sec 135 .

          Comment


          • itsgauravm
            itsgauravm commented
            Editing a comment
            Thats correct, Movement in June to the new office by 2000 employees

          • itsgauravm
            itsgauravm commented
            Editing a comment
            Arjun, whats the kind of rent expected for 2 BR 1075 sqft flat?

        • Re : Ridge Residency by Today Homes in Sector 135, Noida

          NEW DELHI: Information technology company Birlasoft, part of the CK Birla Group, has leased an entire office building spread over 3 lakh sq ft at a mixed-use project of Assotech Realty in Noida, said two persons familiar with the development.

          The lease is for 9 years, with an option for the company to renew it every 3 years. The monthly lease rental for the deal is Rs 42 per sq ft.

          "Birlasoft is planning to consolidate and make this new building their corporate headquarter. They have 2-3 offices in Sector 63, Noida, at present, which will be shifted to this building," said one of the persons cited above.

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          • Re : Ridge Residency by Today Homes in Sector 135, Noida

            The office will have a capacity to seat around 3,000 employees," said another person cited above. ET's separate email queries to both Assotech Realty and transaction partner Cushman & Wakefield remained unanswered, while Birlasoft declined to comment. Located in Sector 135 on Noida Expressway, 1.8-million sq-ft Assotech Business Cresterra is an integrated business park comprising 75,000 sq ft of retail spaces, around 1.6 million sq ft of office spaces across six towers and 190-key serviced suites to be managed by Lemon Tree Hotels.
            Assotech Realty has completed the first phase of the project with a total salable area of 1.1 million sq ft, and has started construction of the second phase. Technology firms continued to be the leading driver of demand and contributed around 36% of the overall office leasing volume in Noida in the January to March quarter this year, according to property consultancy Colliers International.

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            • Re : Ridge Residency by Today Homes in Sector 135, Noida

              Anybody visited site recently and can provide the update on construction ?

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              • Re : Ridge Residency by Today Homes in Sector 135, Noida

                As per Assotech - BirlaSoft has leased one tower, and in addition (extra from announced 3 lakh sqft) they have given LOI for one more under construction tower. TRR all surrounded by corporate houses.

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                • Re : Ridge Residency by Today Homes in Sector 135, Noida

                  Went to site yesterday ...Builder has made some progress in the common area. between the towers....but general conditions are still pathetic....no U/G parking available for towers O & N ....lot of heavy movement.....trucks & JCB's near towers living areas...some families have moved in these towers......

                  Though work is going on at site ...but project completion is still at least 2 years away.....

                  Comment


                  • Re : Ridge Residency by Today Homes in Sector 135, Noida

                    Noida Authority asks Today Homes to give timeline for completion of Ridge Residency

                    This 13-acre project, comprising 18 towers with over 1,800 flats, was launched in 2009-10 and its completion was scheduled for 2013-14PTI | June 19, 2017, 18:15 IST

                    NEW DELHI: The Noida Development Authority today asked realty firm Today Homes and Infrastructure to submit within a week the timeline for completing its much- delayed housing project in Noida.

                    The Noida authority has been calling builders-buyers meeting for the last two months for stuck housing projects in the city of many developers, including Jaypee Group, Amrapali, among others, to understand the issues and facilitate early completion and registration of flats.

                    In one of such meetings, the authority today called Today Homes & Infrastructure Pvt Ltd to address the consumers' complaints related to housing project 'Ridge Residency' at Sector 135 in Noida.

                    This 13-acre project, comprising 18 towers with over 1,800 flats, was launched in 2009-10 and its completion was scheduled for 2013-14.

                    Buyers raised various issues regarding the project, including delay in possession, offering possession without occupancy certificate and non-completion of promised amenities like water and power connections, and sewage system.

                    Responding to the demand of the buyers, a senior Noida authority official directed the top management of Today Homes, led by the company's Managing Director GK Gambhir, to furnish within a week the exact timeline for completion of all 18 towers in the project.

                    The authority told Today Homes officials that giving possession without completion certificate is not permitted under the building bye-laws of Uttar Pradesh.

                    Gambhir assured the buyers that by next Monday an update will be shared with the residents about the proposed timeline to complete the project in a phased manner. The deadline will also be submitted to the Noida authority.

                    Vibhor Mathur, one of the buyers present at the meeting, said: "This is a satisfactory start. We thank the authority for taking up the initiative but considering how Today Homes has failed in its commitments in the past, we are sceptical whether the developer will honour its fresh commitment."

                    He said the authority should keep a tab on whether the builder is keeping its promises being made to buyers.

                    "Only when it gives us the new timeline and start acting on it, we will be able to say whether this meeting has been fruitful or not," he added.

                    Another lady, who asked not to be identified, said: "The builder has been defaulting on every account. We booked a flat in 2010 and yet to get the possession. For the first time since the launch of the project, the company MD has come before buyers."

                    The Delhi-NCR property market has been facing significant delays in completion of housing projects. MJH MSS RKL MKJ








                    http://realty.economictimes.indiatim...dency/59220148


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                    Comment


                    • Dkumar12
                      Dkumar12 commented
                      Editing a comment
                      Appreciate the efforts by Authority and it should happen in whole India..
                      All builders should be held accountable for delays in their projects..

                      Better late than never..

                    • noidabyr
                      noidabyr commented
                      Editing a comment
                      Did we get any update as expected in this post?
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