Hi

I was looking for an apartment in Noida and I came across Today Homes' Ridge Residency in sector 135. I see there has been no mention of this builder or this project in the forum. Does anyone know about this builder and this project? Any input would be appreciated.

The other project that I have shortlisted is Gardenia in sector 46, but I see from the discussion on this forum that there may be some issues with the school along the project site. Otherwise, what is the rate you guys have booked the apartment there for?

Thanks


Moderators Note - Please note that there is another thread running on the same Project . Do have a look http://www.indianrealestateforum.com...html#post85926.
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  • As they say Devil is in the detail..

    People are confused between Phase1 and Phase 2...Phase one is more expensive

    3850 rate by builder is a partial DP plan for Phase 2 project...


    The project Phase 1 is all sold out the market rate is 4600-4800 AI. If a seller wants to sell in desperate condition its his will.

    Baki there are others who go to every thread and spread rumours about the market crashing.....

    See their posts that they are posting in other threads....
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  • Originally Posted by rahul2011
    As they say Devil is in the detail..

    People are confused between Phase1 and Phase 2...Phase one is more expensive

    3850 rate by builder is a partial DP plan for Phase 2 project...


    The project Phase 1 is all sold out the market rate is 4600-4800 AI. If a seller wants to sell in desperate condition its his will.

    Baki there are others who go to every thread and spread rumours about the market crashing.....

    See their posts that they are posting in other threads....



    Rahul bhai, sabko pata lag chuka hai that you are invested in this project. Thats why you are trying to justify a higher price since last 2-3 days. Anyways aapke bolne se ya kisi or ke bolne se prices change nahi honge :D
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  • Higher price???? all we are talking about 3-4 laks difference....

    I am only justifying the value of this project, its location, and its future potential...I do not not care who wants to sell at what price....
    I won't advocate to sell at the moment at all....
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  • there is no use to quote any price untill actual transactions happens within a range . . .prices are in range of 4400 to 4600 for phase 1 towers, depending upon seller's greed and urgency . . . buyer's greed and urgency . . . . today scenario is different , just let this society get functional...prices would be diffrent . . . not only in TRR but in all projects in this region
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  • Any one visited the site recently ??? ...any updates on the project ???? any pictures ????
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  • My relative booked in p tower last year jan 2011 and within 2 month they had made 40% payment. But since then no further demand/progress is appearing. can anybody please update the current status?
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  • Real Estate Regulator

    The Union Cabinet approved the bill to set up a regulator for the real estate sector with provisions for jail term for the developer for putting out misleading advertisements about projects.
    Here are 10 things you need to know about the bill:
    1.The Real Estate (Regulation and Development), Bill 2013, seeks to make it mandatory for developers to launch projects only after acquiring all the statutory clearances from relevant authorities.
    2.It also has provisions under which all relevant clearances for real estate projects would have to be submitted to the regulator and also displayed on a website before starting the construction.
    3.The proposed legislation has certain tough provisions to deter builders from putting out misleading advertisements related to the projects carrying photographs of actual site. Failure to do so for the first time would attract a penalty which may be up to 10 percent of the project cost and a repeat offence could land the developer in jail. Moreover, any false advertising implies that buyers will get full refund of the money deposited with interest.
    4. The bill also seeks to make it mandatory for a developer to maintain a separate bank account for every project to ensure that the money raised for a particular project is not diverted elsewhere. According to a CNBC-TV18 report, developers have to keep aside 70 percent of the buyers’ funds in a separate bank account to ensure timely completion of projects. The buyers are entitled to full refund with interest in case of delay in projects.
    5. The proposed legislation provides for clear definition of the ‘carpet area’ and would prohibit private developers from selling houses or flats on the basis of ambiguous ‘super area’.
    6. Under the proposed new law, builders will be able to sell property only after getting all necessary clearances. Registrations of projects with the regulatory authority is a must. This means developers cannot offer any pre-launch sales without the regulatory approvals. Moreover the authority must approve or reject projects within 15 days.
    7. Developers will also be barred from collecting any money from buyers before completing all necessary permits to start construction on the project.
    8. Builders cannot take more than 10 percent of the advance from buyers without a written agreement.
    9. The bill also seeks setting up of a real estate appellate tribunal for adjudicating disputes. The tribunal will be headed either by a sitting or a retired judge.
    10. It also suggests setting up of a national advisory council to be headed by housing minister Ajay Maken to suggest ways to advise the regulator on crucial matters.

    Source ; FirstPost
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  • Any latest news on Possession of Phase 1 towers?
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  • On last staurday there was a meeting at TRR Office at noida . Some 15 flat owners gathered to talk with TRR Management.

    TRR informed that some phase one towers will be handed over in Nov-December 2013. Other will be handed over subsequently.

    Phase -2 has a completion date of 2015.
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  • what is current resale price for phase 1 ?
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  • see hindustan times paper of today on 11/06/2013 page no. 19 in the middle. Noida authority wants suggession from general public feedback on the decision taken by their board on 27th may 2013 for increase in far by .5 along 500 metre of noida to greater noida metro corridor .we have 15 days upto 26/06/2013 we can submit our complaint to authority.
    I think we all should stand up against the wrong decision taken by the board and should write dis satisfaction over the decision taken by noida board.
    Friend i am attaching, my objection/ complaint submitted at Noida Authority office of Architectural and Planning section. Over the phone, it was told to me that you have to write your complaint in the register at Noida Authority by Chief of Deptt. Mr. Pujari, when i met him in his office they told me to write over the plain paper and submit it to Mr. Sareen. I raised my objection to him regarding increasing in FAR by 3.5 as it will increase time of completion of society also, as builder will take more time to do extra job. Also i told him as of now builder is no more incharge of that society or group housing, we already paid 95 % of payment and we customers are the incharge of that society. Noida Authority should consult us before taking any major decision on our soceity, if you ask any one who has sold his all legal rights in the society by selling more than 90% of inventory, NOIDA AUTHORITY IS doing very wrong thing for the innocent customers who has spend their life savings for building their home. Noida AUTHORITY SHOULD TAKE OPENION OF ALL THE CUSTOMERS OF SOCIETY WHOSE FAR WILL THEY INCREASE. Friend this is the time to raise agaisnt these greedy people, if wecontinues keep on thinking that others will do the job for you is wrong and your next generation will not forgive you. We need number and more objection at Noida Authority office. I came to know that mine is first objection submitted at their office and they assure me that they will calll me for discussion to listen my objection. It is better to do some thing now other wise court decison is a long time consuming process. we should raise and submit over objection and keep on informing your friends whoever have got flat close to greater noida metro. More the objection is, more difficult for the noida authoriy to implement as we have receiving copy with us. SEE THE ATTACHEMENT cHIEF ARCHITECTURAL AND PLANNING PHONE NO. IS 01202421753
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  • Hi Senior Members,

    This is my first post on this thread, rather I should say this site. Thanks for contributing such usefull info. Browsed thru several pages of this thread, went backwards upto page 70. I wish to find some answers and may be could benefit from your experiences. I am showing interest in the flats. Obviously I could'nt get satisfactory response from Today's office :-

    1 The brouchure of Ridge residency. The super area for 1225 sqft flat. When I added all the rooms dimension. It gives a total carpet area of 770sqft. This means 37% loading. Please Correct me If I am wrong.

    2 While browsing thru the thread pages, I found someone offering to sell unit size 1390 sqft. But in brouchure I could'nt find this size unit, rather found 1500 sqft. What does this mean ?. Means some guy purchased 1390sqft unit, 2-3 years ago and the same unit size has increased to 1500 sqft. Can I assume that builder has increased carpet area also in the proportion of super area. Is it possible.

    3 I enquired with Today's regarding carpet area, but they are not interested to listen and wish to talk only on super area. They said that even in agreement to sale , allotment letter etc. they will mention only super area. But as a enduser, I am more interested in carpet area. Is it a market norm, not to mention carpet area in documents. ?

    Thanks in advance for clarifying my concerns.

    Best Regards,
    Rajesh
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  • Originally Posted by rajesh20476
    Hi Senior Members,

    This is my first post on this thread, rather I should say this site. Thanks for contributing such usefull info. Browsed thru several pages of this thread, went backwards upto page 70. I wish to find some answers and may be could benefit from your experiences. I am showing interest in the flats. Obviously I could'nt get satisfactory response from Today's office :-

    1 The brouchure of Ridge residency. The super area for 1225 sqft flat. When I added all the rooms dimension. It gives a total carpet area of 770sqft. This means 37% loading. Please Correct me If I am wrong.

    2 While browsing thru the thread pages, I found someone offering to sell unit size 1390 sqft. But in brouchure I could'nt find this size unit, rather found 1500 sqft. What does this mean ?. Means some guy purchased 1390sqft unit, 2-3 years ago and the same unit size has increased to 1500 sqft. Can I assume that builder has increased carpet area also in the proportion of super area. Is it possible.

    3 I enquired with Today's regarding carpet area, but they are not interested to listen and wish to talk only on super area. They said that even in agreement to sale , allotment letter etc. they will mention only super area. But as a enduser, I am more interested in carpet area. Is it a market norm, not to mention carpet area in documents. ?

    Thanks in advance for clarifying my concerns.

    Best Regards,
    Rajesh

    i can reply to second question:
    they earlier have 3 bhk in 1390 size, now 3 bhk is 1500 sqft with some small changes in layout..i have 99% gut feeling, at the time of possession they will increase 1390 sqft layout to 1500 sqft super area..there are so many issues of carpet area changes..everything is smaller than what has been shown while booking..
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  • sab chor hain bhai when it comes to carpet area
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  • Dear Members, Can you pls. help me find answers to the queries posted by me, yesterday.

    Thanks a ton.
    Rajesh
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