Real Estate Consultants & Developers who
sold the projects located in Noida Extention can have a breath of fresh air. As
after the Allahabad High Court's order to remove the long lasted ban on
construction of property in Noida extention area has revived new life into
under construction projects based at the locality.
Mamata, who reserved a apartment in the
Panchsheel Greens project, is awaiting the NCR Planning Board (NCRPB) to accept
Master Plan 2021 of Greater Noida, so that perform on real estate tasks in
Noida Extension can continue soon. Like Mamata, many middle-income customers,
who reserved residential apartments Noida Extension, are under the problem of mortgage
financial loans and would be encouraged to the walls if they do not obtain
ownership of their apartments in the next 2-3 years. The NCRPB now maintains
the centre level after the Allahabad High Court ignored the evaluation
applications of the farm owners and the Noida and Greater Noida government
bodies.
The prices of homes in Noida Extension have
also improved, as the contractors had to pay improved prices of settlement to
the farm owners in range with the Allahabad great Court verdict. Aarti Agarwal,
who is one of the small time real estate consultants, has reserved an apartment
in Antriksh Golf Link in Sector-1 of Noida Extension, says: “There has been a
concern level on our assets with the agitations and Court situations over area
purchase slowing down all perform. The concern over realization tasks in Noida Extension
has hit our financial programs horribly.”
Sanjiv Chaudhary, a customer at World Towne
(a personal project in Sector 1 of Noida Extension), says: “For the large band
of real estate tasks in this area, there seems to be no end to the concern over
the destiny of these tasks. It was a desire getaway for individuals looking for
personal alternatives in the cost-effective real estate section. With
contractors providing profitable provides to woo customers, individuals were
delighted at what they thought was a safe real estate and financial commitment
choice.”
Rama Raman, the chairman and boss of the Greater
Noida Business Growth Power (GNIDA), says: “We are very optimistic about the
leads of Noida Extension. In a lately conference of the NCRPB, the board
recommended certain changes to be included in the program. All the
documentation in range with the route of the NCRPB has been sent to the Planning
Board and we are looking forward to an official acceptance. There are signs
that the problem will be settled on a good observe.”
Rakesh Yadav, a member of Real Estate
Consultants Guild, says: “With the decision now only hinging upon the NCRPB’s
acceptance, contractors and customers are anticipating the problem to be
settled soon. House buyers are expecting as many of them spent their
lifesavings here while others had taken mortgage financial loans on a very
great rate. We are anticipating obtaining the discounted soon.”
Anil Sharma, the chairman and MD of Amrapali
Team and vice-president of CREDAI, Delhi NCR, says: “In conditions of
cost-effective real estate, Noida Extension is one of the greatest locations
across the nation. City facilities like the Community Link, roads, sectors,
medical canters and organizations will add value to the qualities here. The Master
Plan 2011 published by the GNIDA for this position envisions multi-sector
growth for the area.”
Pankaj Bharadwaj, the head of Internet
Marketing at Jaypee Boutique, NCR, says: “We are satisfied that the Allahabad
high Court has upheld its purchase of Oct 2011. We wish that the lawsuit around
this problem will end and designers can continue perform on their tasks. The
home buyers have patiently waited a lengthy time and we understand their issue.
The designers are now looking forward to the cut from the NCRPB before performs
can begin here. We have been informed by govt bodies that the discounted may
come by mid-June.”
Anuj Chaudhary, the Director of Panchsheel
Buildtech, says that the wait in the decision-making procedure is definitely
restricting the emotions of the customers and revenue of tasks in the position.
“It also makes a feeling of uncertainty amongst the customers as they have
spent a lot of their money here,” Chaudhary says.
Manoj Gaur, the MD of Gaursons Indian Ltd,
says: “We are all expecting for the Noida Extension problem to get settled as
beginning as possible. The real estate consultants are working really hard to
bring in new customers. The govt bodies worried should also keep in thoughts
the suffering of common individuals who are keeping the impact as a result of
wait in the real estate tasks. The postponement of events is only including to
the situation and anxiety.”
Afsal Khan, the Head-Sales of Jaypee Greens Boutique,
says: “The wait has projected misunderstandings in the thoughts of customers
and designers as well. With the price of feedback components going up greatly,
it’s almost difficult for the designers to continue perform positioning on to
the previously expenditures. We, as designers, are expecting for the acceptance
to come soon so that we can continue perform without any further escalation in
feedback expenditures.”
Ashok Gupta, the MD of Ajnara Indian Ltd,
says that the problem is waiting before the NCRPB and the govt. “The designers
are willing to continue perform as soon as the acceptance is in.”
Chandni Bubber, Sr. Manager Marketing &
Sales of Helios Developers says that the govt bodies worried should act quickly
to eliminate the concerns of the customers. We ask for the govt to facilitate
the procedure and keep NCRPB conference as soon possible. “Delay in the problem
will only cause to Greater failures for the typical man,” said Ms Bubber.
Sanjay Rastogi, the home of Saviour Designer Pvt
Ltd, says: “We must realize that in the Noida Extension imbroglio, the patients
are not just the designers but the common man as well. People spent in the
position after determining that all it allows from the govt bodies worried were
in position. But the area purchase frustration found everyone sleeping. Now,
home buyers are hurting with a twice benefit — shelling out EMIs and lease at
the same time out of their incomes. The problem should be settled instantly so
that the common man can take in simple.”