3C Lotus Panache, Noida

Anyone booked with the 3C Lotus Panache in Noida so far?
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  • 10.3%

    cheers!

    Originally Posted by vineetchhabra
    Hi, can someone tell how much tax (TDS) would be deducted from the credit note amount?

    Thanks,
    Vineet
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  • just curious, with over 4000 flats isnt this the highest density project in noida
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  • Anyone has an idea , how much area would be taken up by lotus valley school which is inside the boundary ...
    Originally Posted by kamals
    just curious, with over 4000 flats isnt this the highest density project in noida
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  • High density is a cause of worry. Crowd crowd everywhere...
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  • Putting green and opti Golf!!

    Guys, does any one know what does "putting green" means? and where would this "opti Golf" facility be in the project?
    Also if anyone knows about this inner shutter service, like the one at ATS Green, would we have a dedicated bus service for movement within the project site.

    P.S: i hope putting green does not mean 3C would be putting greenery in these areas.
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  • Even Supertech Emerald Court in Sector 93 has a battery shuttle service inside the project. It is an open car kind of vehicle for movement inside the project.
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  • The grass of the putting green (more commonly just green) is cut very short so that a ball can roll long distances. The most common types of greens for cold winter, but warmer (not extremely warm i.e Southern United States) are bent grass greens. These are considered the best greens because of their ability to be cut to extremely low heights, and their ability to be grown from seed. Bent grass does not have grain, which makes it superior as a putting surface; however, bent grass often gets infested with poa annua, which is a costly and time consuming weed.

    Wikipaedia answer.
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  • Golf Golf!!

    what i meant was to ask if putting green is used for opti golf or are they not related? if putting green is not for opti golf then where would the opti golf facility be?

    P.S: does any1 know the membership charges for Noida golf club and how to be a part of it?

    Originally Posted by sanjaysood
    The grass of the putting green (more commonly just green) is cut very short so that a ball can roll long distances. The most common types of greens for cold winter, but warmer (not extremely warm i.e Southern United States) are bent grass greens. These are considered the best greens because of their ability to be cut to extremely low heights, and their ability to be grown from seed. Bent grass does not have grain, which makes it superior as a putting surface; however, bent grass often gets infested with poa annua, which is a costly and time consuming weed.

    Wikipaedia answer.
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  • Originally Posted by sanjaysood
    Those who booked in LB a year ago, are commanding a premium of Rs.5 to 6 lakhs if they want to sell now for a flat of 1330 sq ft. Now thats value addition.

    Sanjay


    IMHO, this value addition is more due to macro level dynamics than due to anything else. Of course, I will give due credit to the risk taken by 3C to increase the price by c 20% within such a short span of time. Not sure if any builder can repeat that in the foreseeable future. It is anyone's guess how much the prices will increase by within the next year or two. Having said that, the risk with investments like LB/LP is minimal if good quality is delivered within the promised time lines and of course, upside is maximal if prices spiral upwards.
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  • Any builder will take the risk of increasing the price only when he is sure that demand is increasing. No doubt, a large number of projects are coming up in Noida, but scenario is such that demand is increasing too. Many persons are booking these homes as these societies offer large number of in-house facilities. Eight years ago when I bought a house in Sector 82, the distance from New Delhi appeared very long, but now the development is spreading much further right upto Sector 143 which is another 4-5 KMs from 82 via e-way.

    Despite there being so many projects, I think almost all are selling good numbers. There is hardly any project where prices have not increased. It is all due to increase in demand, i believe.


    I feel that any value addition, be it macro level dynamics or otherwise, is a welcome sign for end users as well as investors.
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  • Originally Posted by sanjaysood
    Any builder will take the risk of increasing the price only when he is sure that demand is increasing. No doubt, a large number of projects are coming up in Noida, but scenario is such that demand is increasing too. Many persons are booking these homes as these societies offer large number of in-house facilities. Eight years ago when I bought a house in Sector 82, the distance from New Delhi appeared very long, but now the development is spreading much further right upto Sector 143 which is another 4-5 KMs from 82 via e-way.

    Despite there being so many projects, I think almost all are selling good numbers. There is hardly any project where prices have not increased. It is all due to increase in demand, i believe.

    I feel that any value addition, be it macro level dynamics or otherwise, is a welcome sign for end users as well as investors.


    The clue is in your response Sanjay - "Eight years ago....". No doubt that with a 8 years time horizon, the prices would go upwards. Although I am not sure if there are any projects, where prices have increased. Paras Tierea is a case in point, wherein I got an e:mail from Investors Clinic with further reduced prices. Like for like, it was 25-30% cheaper vs LP in 1st/2nd week of May, and now the price seems to have been reduced by another 5-10% since then, as per that e:mail.

    No doubt, there is much more demand in NCR and Noida belt presents a more affordable alternative than elsewhere in oreder to live as close as possible to Delhi. However, rising prices are a combination of factors, including money supply (read this as easier access to credit) and mass delusion of crowds (when human mind swings between the emotions of fear and greed)

    Coming to builders confidence in increasing prices, it is nothing more than a calculated risk that businesses are willing to take (some more than others). Going forward, unless there is a cartel, I personally don't see builders being able to take price rises in the Noida region in the foreseeable future.

    PS: I respect your views and it is not about my point vs yours. If we had a crystal ball, most of the world would be $ multimillionaires today. So, I hope that it is all taken in good spirit.
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  • Vin

    It was 2002 i got allotment and possession in 2005 for Sector-82. During last five years, rentals have more than doubled, prices four fold. What I am trying to suggest is, at that time also people said where are u buying a house so far away. On e-way there was Lotus Valley School Mayoor Intl. School and a couple of office complexes. Now if you drive same e-way, Lotus Valley can be seen only if you see carefully with so many high rise office complex nearby. By 2007, Sector 82 had become a fully developed/inhabited sector. This is what is going to happen in next half decade to even sectors like 137.


    Regarding downward prices in Paras Tierra, as you have mentioned, pls confirm and reconfirm. To my knowledge, the price earlier was 2700 psf (all inclusive) which is now quoted at 2950 and availability only on floors 10 upwards.


    Dealers would always project higher demand to sell, actual picture remains quite cohesive. Even then, demand is definitely picking up.

    Absolutely no question of taking your comments otherwise. It is only through these discussions we learn a lot and get to know newer things day by day.


    Thanx for the input dear.
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  • Originally Posted by sanjaysood
    It was 2002 i got allotment and possession in 2005 for Sector-82. During last five years, rentals have more than doubled, prices four fold.

    That was RE boom time, prices/rentals doubled at most places in NCR like Indirapuram too. But with so much supply in Noida, its foolish to expect the same in next 5-6 years horizon but at the same time prices won't come down due to rising land/construction cost and persistent demand.
    Originally Posted by sanjaysood

    What I am trying to suggest is, at that time also people said where are u buying a house so far away. On e-way there was Lotus Valley School Mayoor Intl. School and a couple of office complexes. Now if you drive same e-way, Lotus Valley can be seen only if you see carefully with so many high rise office complex nearby.
    True, that will continue till land is available. E-way has immense all round infrastructure potential on both sides particularly suited for commercial, institutional developments.
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  • Thanks Sanjay. Appreciate your response to my query

    Originally Posted by sanjaysood
    Hi Vineet



    It should be 10.22%.

    Sanjay
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  • NA-GNA & NH8 Expressway similarity

    Hi all,
    I think Expressway projects will give same response like NH-8 DLF Gurgaon projects, as u know this was the same situation in gurgaon in 2000

    1. Both are adjacent to Delhi one is from Ashram & another one is from Airport.
    2. In NH8 , DLF & Unitech were major player , here is also JP & Unitech Grande are key builder.
    3. Sky Scraper building in noida (25 to 30 floors) will even beat NH8.
    4. Within 5 yr Noida express way projects will be best location in whole Delhi /NCR.
    5. Even JP alone will provide residence to 1 lack people.
    6. NRI is showing intrest in JP same like DLF.
    7. Lots of projects like 3C , 137 projects will give strength to expressway projects.
    8. Metro construction will be turning point ( but still in cold baggage ).

    Comments are invited ---------------------------
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