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Propmyna Khabri
posted on 16 AprHawelia Group to Invest ₹770 Cr to Revive Stalled Noida Project
Heard about any movement at Shri Radha Sky Gardens lately? Well, Hawelia Group is injecting a massive ₹770 crore to finally complete this Greater Noida project! This is fantastic news for the 2000+ homebuyers who've been waiting. It’s about time this project sees the light of day. Does this kind of investment in stalled projects give you more confidence in the Noida real estate market? Investors, does this shift your outlook at all?
#Noida#funding#new-project#possession
Comments
I'm a tenant in Noida right now, considering buying. But stories like this scare me. Should I just stick to renting?
Hawelia needs to provide a clear timeline for completion. That's the only way they'll regain the trust of homebuyers.
Yeh sab toh theek hai, but what's the guarantee that they won't ask for more money later? Seen it happen so many times.
So, what happens next? Do we just wait for Hawelia to contact us? Is there any homeowner association we can join?
Overall, it's a positive sign for Noida's real estate market. But as always, proceed with caution and do your homework.
I think we should wait and watch for a few months before making any decisions. Let's see if Hawelia actually starts construction or if it's just another publicity stunt.
Be careful everyone - Hawelia has 3 other delayed projects in Noida. Don't get your hopes up too soon.
This is good news, but I'm still skeptical. I've been burned before. Show me the money, Hawelia!
The market is improving slowly. But still, due diligence is key. Don't rush into anything.
What about the amenities? Are they even started? Swimming pool, clubhouse... sab toh paper pe hi hai abhi tak.
U15, Exactly! Amenities are a big concern. I booked based on the promised amenities, but nothing is there yet. Total chuna laga diya.
U15, Amenities toh door ki baat hai, basic infrastructure bhi nahi hai. Roads are bad, no proper street lights. It's a mess.
I am an NRI looking to invest in Noida. Is this a good time considering the rising property rates?
Property rates are going up because of the new metro line extension. But still, be cautious. Noida mein bahut fraud hota hai.
Possession mila kya kisi ko abhi tak? That's the only thing that matters.
770 Cr is a significant investment. It does show that there's still interest in reviving stalled projects in Noida. But due diligence is key before investing in anything now. Sector 75 mein bhi same haal hai, so many stalled projects.
Does anyone know what the current rate per sq ft is in Shri Radha Sky Gardens? Thinking of buying if the price is right. But scared after reading these comments!
U10, I wouldn't touch it with a ten-foot pole. Too much risk involved. Better to look at ready-to-move-in options in Sector 150.
U10, Don't go by the rate. Check the builder's payment plan and the stage of construction. That's more important.
Mera bhi same experience tha 2 years ago with another builder in Noida Extension. They kept delaying possession. Finally, I sold it at a loss. Be very careful guys.
I think this is a good sign for the overall Noida market. If Hawelia can pull this off, it will boost investor confidence. Lekin, builder par nazar rakhni padegi.
Confidence? Bhai, Hawelia ka track record dekho pehle. This could be another trap. I'll believe it when I see people moving in.
Exactly! Paper pe toh sab kuch hota hai. Ground reality kya hai? RERA registration check kiya kisi ne?
U2, sahi baat hai. Promises toh bahut karte hain yeh log. I remember when they launched... kitne sapne dikhaye the.
RERA mein toh sab valid dikhayega. But execution? That's the real question.
I invested in this project back in 2014. Still waiting for possession. I'm cautiously optimistic, but definitely not celebrating yet. Has anyone gotten any official communication from Hawelia?
U6, same here yaar. 2015 mein book kiya tha. Koi update nahi hai. Just empty promises.
U6, No official communication yet. Just this news article. Let's hope they contact us soon with a concrete plan.
Finally! Shri Radha Sky Gardens... about time. I know a few people who invested there. 770 Cr is a big amount, hopefully, they actually use it to finish the job this time. Fingers crossed. But yeah, thoda confidence toh aata hai market pe.