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Noida RE - Next 18 Months

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Noida RE - Next 18 Months

Last updated: June 9 2014
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  • Noida RE - Next 18 Months

    Noida RE is at a Turning point, and those who choose to keep their eyes wide open...Know this.

    Considering that Eventually in Flats AN END USER has to buy, the upcoming 18-20 months will be "END USER" driven

    In Plots RE...which is TRUE Real Estate, a region may be under Investors for DECADES before End users start coming in

    But NOT in Flat Market....From Pre Launch to 2-3 months Prior Possession, Investor Plan an Exit.

    By the time the Project is RTM and Registries start...nearly 70% Investors plan to be out

    Now Since End users will come into picture....some factors which are most important to them will come into play

    1. BUDGET: Noida is Primarily Budget Segment, MIG Segment. Period. Hardly 5-10% projects come under HIG or Premium Segment. Unlike Gurgaon where majority is HIG Segment. With Majority projects being 1,2,small 3 bhk High Density Units, it makes it ideal for MIG segment
    In MIG Segment, Budget is NO.1 Criteria for purchase

    No end user will exceed his budget, even if that means going a few kms here and there. That's where Noida Properties will take a Hit.
    With Improving connectivity between Noida and Noida extn, Gnoida, even Ghaziabad. Buyers will consider many other options.

    From Pathways school to Sector 50...which was once a tiresome 20-25 min drive , is now a mere 5-7 min drive.

    Gnoida authority has Finalised the Bridge across Noida extn from sector 1 to sector 78, will be a reality soon. That's also confirmed.

    That would mean...that from Noida extn to Noida expressway will be a mere 10-12 min drive (approx. 8-10 kms)

    Even Main Gnoida with its Low density rtm units, value for money, more open, etc will be on radar of Some buyers, spl those who work on Noida expressway

    Buyer will be Spoilt for options.....spl the budget buyers...

    This means EXCLUSIVITY of Noida Properties is Now Over and Out.


    2. OVERSUPPLY....Never seen before in History of RE in NCR. Within a Radius of 10 Kms nearly 5 lakh flats to be delivered within next 5 years

    Worst....Nearly 70-80% will be Of same category..MIG

    This has a DIRECT impact on Resale Value


    3. HOME LOAN RATES TO COME DOWN....BJP has made it clear that they WILL bring the Home loan rates down...for those who don't have much idea....in 2002-2003...Home loan rates under BJP regime were down to almost 8%

    So Buying a Flat now...at higher Loan rates..simply doesn't make sense...that too in a region where max. appreciation expected is 10% per annum.


    4. SP GOVT. POOR GOVERNANCE.....Doesn't matter who is PM...CM is ASY...and they have now simply decided to just loot as much as possible as they have 2.5 yrs more left in power. Its Guaranteed that they will not come back to power...so its the last chance for them to loot....and that's what they intend to do.
    Announcements of Projects are USELESS....its actually COMPLETING THEM.....
    Buyers too have now started to realise that Weekly statements made by CEO Raman about multi million projects but ZERO work on ground.....is pure Bullshittt


    5.MIG BRAND.....Noida was slowly coming out of the U.P Tag....but it fell back into the ditch in 2010....and Instead of becoming a Well Laid out, Open, green, suburb where people live in open , spacious houses.....HAS DUE TO GREED of U.P govt. and Babus.....will turn into Biggest Concrete Jungle of NCR...with small congested houses.
    Its against the very basic Logic of Suburbs.
    People from Delhi Dda and congested societies will see the societies and think "Thank god we are living in far open colonies"

    And its already happening....I know many buyers who were shown appts in Lotus Bourlevard project and they said..."Kahaan concrete jungle main phansa rahey ho"

    No one even bothered to look at brochure, 3d movie or model.....all wanted SITE VISIT
    and once standing next to 100 flats per tower buildings lined up next to each other....they didn't bother about "Green concept" or some "Putting golfs".....they asked about...Ventiallation, privacy, sunlight

    6. QUALITY....With High denmsity and worst builders , corrupt U.P babus...Quality HAS BEEN COMPROMISED.....These buildings will age 3-4 times than existing ones.
    2 lifts for 100 flats simply doesn't make sense
    3500 parking for 3000 flats
    5 pools for 4000 families is ridiculous
    9 feet ceilings
    40% loading....
    unneseccary space wasted in balconies
    Thin Walls
    etc etc etc etc etc etc

    Further ensures that as and when a society Gets inhabited...it will face more and more issues........

    7. LOAD ON INFRA....Immense load on Infra.......The way things are going and now with upcoming HTMS on Noida expressway....Illegal Cuts will be blocked...and service lanes will be full of traffic....
    Lot of issues with ground water and electricity

    Authority should have made it MANDOTRY for all builders to have rain water harvesting etc etc etc...solar lights for common,,,etc etc etc


    Considering above Facts....Anyone sitting on cash....its a good chance to put your money in FD or any safe investment of your choice...and wait for inventories to flood the market.
    which will start from this Diwali.....and then also wait for loan rates to come down.

    Next many months will be End user driven...so don't be hasty....watch the market and use your cash in hand wisely
  • #2

    #2

    Re : Noida RE - Next 18 Months

    Zohaib bhai jo already invested hain wo kya kare?

    Comment

    • #3

      #3

      Re : Noida RE - Next 18 Months

      See..u MUST understand...what i am trying to say.

      I myself asked people to buy in noida in 2010-11...as then rates were fine to enter...if u entered at 2700-3500 levels as end user....u got best deal

      If u entered as investor...it shud givr u at least double returnnin 4-5 yrs...else its not a good investment

      Like there is time to enter...there is time to exit

      3000 psf ij 2010
      6000 psf in 2015

      Is a very average return considering the risks taken

      I mentioned in 2011 itself that resale rates of MIG flats (2 bhk, small 3bhk) will be around 5500 ...and thats what is market now

      If u entered at 3000 levels...in 2009-2011...and u r pure investor....EXIT....

      And reinvest somewhere else

      short term gains in RE is now over

      If u have to reinvest in RE...then keep 7-10 yr.margin

      Comment

      • #4

        #4

        Re : Noida RE - Next 18 Months

        Hi Zohaib & other members,

        I am an end user and I have to buy 2 bhk or small 3 bhk in 60-70 lac within next one month in Noida.
        I want to buy RTM but if possession is within next few months, I can go with that also.
        Please suggest some areas and projects.. I am using the buying guide u shared in 2011 to narrow down projects.
        Mostly projects have structure completed but don't know when it it will be finished. Amrapali has got many RTMs. should I buy in it ?

        Comment

        • #5

          #5

          Re : Noida RE - Next 18 Months

          zohaib sahab,
          i feel next 18 months would be good for expressway.
          plenty of projects are going to be rtm.
          DLF mall of india should be ready and waves mall would also get into pipeline along with unitechs hopefully GIP2.
          JAYPEE hospital should have started firing all cylinders by than.
          infrastructure is quite decent in noida and as such noida has many exbeaurecrats and present beauracrats who have invested for enduse.
          IT MAY NOT BE SURPRISING IF YOU GET THE YAMUNA RIVERFRONT KIND OF DEVELOPMENT WHICH CAN BE A GREAT BONANZA.
          INFOSYS HAS ALREADY COME IN AND HOPEFULLY FEW MORE WOULD BE FOLLOWING .
          THIS MAY BRING IN MORE HOTELS, COMMERCIALS,.
          AKY GOVERNMENT IS IN TROUBLE ,EITHER THEY PERFORM OR WOULD HAVE GOT KICKED OUT IN NEXT 6 MONTHS AFTER THE CHANGE OF UP GOVERNOR.

          Comment

          • #6

            #6

            Re : Noida RE - Next 18 Months

            1. Sector 18 is already an established commercial hotspot. Even if dlf or gip2 were not coming, it still would be no.1 commercial belt east of NCR.

            2. Jaypee hospital definitely is best in noida but its an advantage for end user...not investor...its like saying that opening of pathways school, genesis school will benefit RE.
            Secondly....from 7X to jaypee is more or less same time as from sector 143.
            And when New hindon bridge will connect noida extn to 7x...even gzb and noida extn will be within 30 min drive

            3. Infosys will not be first company on noida expresssway. unitech Sez is operational, have you seen a jump in sector 168 projects because of it ????

            MNC presence is good...but OVERSUPPLY of appts that too of same category neutralises everything


            PS...somehow my posts are not getting added to latest posts....dont know why
            Admin pls note

            Comment

            • #7

              #7

              Re : Noida RE - Next 18 Months

              Also i have first hand info...that SP leaders have decided to go go and loot for next 2.5 yrs

              Development inkey bas ka nahin hai under ASY....

              This govt. Has 3-4 CMs...and all goons.

              Sirf MSY hota to bhi expextion thee..
              .ab nahin

              mSY has no interest at all as his dream of PM is shattered

              Comment

              • #8

                #8

                Re : Noida RE - Next 18 Months

                There is no oversupply of high end GC apartments 2500 sqft plus

                By dis logic they will do better Dan most of noida property

                Comment

                • #9

                  #9

                  Re : Noida RE - Next 18 Months

                  Originally posted by zohaib2012 View Post
                  Noida ely[/I]
                  Aapke soanchne ka style pasand aaya.

                  Comment

                  • #10

                    #10

                    Re : Noida RE - Next 18 Months

                    hai guys,
                    regarding small size apartments, many builders are helping out the buyers to merge two apartments and giving them bi size apartments.
                    i know this is happening in amrapali sapphire and nri residency in a big way.
                    people are ready to pay premium for the adjacent apartments .
                    regarding congestion , i think only half of the apartments are going to be occupied and rest would be kept locked.
                    people buy these apartments for the reason that some day after retirement they would come and stay and i guess its all for psychological comforts.
                    some are working abroad and some in other cities.
                    THERE ARE MANY PERSONS WHO JUST DO NOT WANT TO GIVE THEIR APARTMENTS ON RENT BUS TALA LAGADIYA JAB KABHI AYENGE TO RAH LENGE ATTITUDE.
                    I KNOW PERSONALLY SO MANY IN MY FAMILY AND IN MY COMPLEX.
                    ZOHAIB SAHAB , YAMUNA FRONT KE CHANCES HAIN B COZ RECENTLY TEAM FROM DELHI HAS VISITED SABARMATI RIVER FRONT FOR KIND OF STUDY TOUR.

                    Comment

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