have u checked directly with Gardenia about possession of land? According to them, they already have done everything with Noida authority. Different Dealers say different things. One dealer saying construction will start end of May. I hope he is right. Rest God knows. According to you, no time frame is fixed ?
As per my information it will take at least 6 months for activities to start on ground.
Pre-construction activities (sequentially, i suppose) are:
= Sign lease agreement with NOIDA & take land possession
= Obtain NOIDA approval for lay out & building plans, internal development plans
= Obtain Environment Clearance
= Get the project approved by banks
= Market at lease 60-70% of apartments & sign builder-buyer agreement
Gardenia has one more project-Glory in NOIDA. Bookings were made in August-October last year. Many HCL guys have booked there. Gardenia could make the project bankable just last week. No work has yet started on ground. This gives a fair indication of things to come on Golf project which has area of 150 acres.
hi noidahome, thanks for your great info...i have paid 1lac token under const linked plan...what u think. should i take back if construction does not start by may end...bcaz they are asking 10-15% in next one month. y to block the money if the reviews are not that good.