Apartments in Noida Extension are currently priced in the range of Rs 2, , per square feet. Even though Greater Noida Industrial Development Authority GNIDA has instructed builders to take care of existing buyers and not to harass them, many builders have indirectly stated in newspapers that they would hike prices for existing buyers with the excuse that the cost of materials and labour have been increased.
The Noida Extension dream went sour when courts quashed land acquisition in Shahberi and Patwari villages, where 26, flats had been booked. Says Pankaj Kapoor, MD at property research firm Lisas Foras, " The developers are bound to indulge in such practices of cancelling allotted flats or forcing old buyers to may the new rates. Page : 1 2 Single Page Format. They do not represent the views or opinions of The Indian Express Group or its staff.
Comments are automatically posted live; however, indianexpress. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory. While work resumed after Unlock, the cities could not get back the entire workforce engaged earlier.
As opposed to the pre-pandemic strength of around four lakh, the cities together barely have around 1 lakh workers. Facebook Twitter Linkedin EMail. Start a Conversation. Spotlight Blockchain a game changer for seed funding? Shifting: There are three things you must consider before shifting—cost, location and possession date.
The apartment to which the builder shifts you may be bigger but it will come at an extra cost though at the same rate. Typically the per sq. For instance, Giri got his sq. For the sq. People can look at other alternate options if they do not want to stay in Noida Extension anymore.
Places like Greater Noida and neighbouring Ghaziabad offer good options in the same range. In fact, with a few other court cases still going on in the Noida Extension area, many think it is advisable to move out of the region completely.
There are other cases filed by other villagers that are still pending before the courts. Another thing you should look at is whether the possession date will get delayed. If the builder shifts you to a newer project than the one you were originally booked for, your possession date will get pushed that much further. The last word: If you are being shifted by your developer or even if you are a new homebuyer, stay away from Noida Extension as of now or do your due diligence before finalizing a deal.
Never miss a story! Stay connected and informed with Mint. Download our App Now!! It'll just take a moment. Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image. You are now subscribed to our newsletters. Subscribe to Mint Newsletters.
0コメント