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Propmyna Khabri
posted on 13 AprNoida Approves Redevelopment Policy: Free, Bigger Homes for Flat Owners
Hey Noida folks, kitna sahi news hai yeh! Ever worried about those older societies in Noida? You know, the ones where the plaster is starting to crack and the layouts feel a little…compact? Well, Noida Authority just approved a redevelopment policy that could be a game-changer. Seedhi baat, it sounds like flat owners might be getting bigger, brand-new homes without paying a dime extra! Imagine upgrading your space without the headache of selling and moving. This policy is aimed at revitalizing those older buildings, and it could seriously impact property values in the area. Sochiye zaroor. Has anyone here lived through a redevelopment project before, or know more about how this will actually work on the ground? I'm all ears!
#Noida#government-policy#new-project
Comments
I'm cautiously optimistic. This could be a game-changer for Noida, but we need to stay informed and vigilant.
Has anyone seen the official notification from Noida Authority yet? Koi link hai kya?
Let's wait and watch. Abhi toh sirf announcement hai. Ground reality mein kitna change hota hai, woh dekhna hoga.
Alright folks, so the consensus seems to be cautious optimism. Keep an eye out for official announcements and stay informed. Let's see how this unfolds!
This could be a great opportunity for first-time buyers to get into prime locations like Sector 15A. Let's hope the process is transparent and efficient.
I hope they consider sustainable building practices during redevelopment. Green buildings are the future.
So, what's the next step? How do we, as residents of older societies, push for redevelopment? Should we form a committee?
Forming a committee is a good idea. We need to be organized and proactive.
The new metro line extension might also play a role in increasing property values in areas undergoing redevelopment. Connectivity is key!
What happens to the stamp duty and registration charges? Will we have to pay them again for the new flats? Kisi ko pata hai?
That's a crucial question. I hope the government provides some exemption on stamp duty for redevelopment projects.
Good point! Someone should file an RTI to get clarity on this.
I am an NRI looking to invest in Noida. Should I focus on buying in older sectors now, hoping for redevelopment gains?
It's a risky bet. Redevelopment can take years. Consider the rental yield in the meantime. Also, check the builder's reputation thoroughly.
Possession kab tak milega? That's the million-dollar question. Builders toh hamesha date extend karte rehte hai.
Does anyone know if this applies to societies built by the Noida Authority itself, or only private builders?
Good question! I think it should apply to both, but we need clarification from the authority itself.
I've heard that in some Mumbai redevelopment projects, tenants get transit accommodation. Will that be the case here too? Where will we live while the building is being rebuilt?
My friend lived through a redevelopment in Mumbai. It took almost 7 years! Rent reimbursement was a nightmare. Be prepared for a long haul.
Yeh toh lottery lag gayi jinke flats purane sectors mein hai. Property values will definitely go up. Sector 150 ka avg rate 7k/sqft hai abhi, imagine what it will be after this!
This is great news especially for sectors like 19, 20, and 27 where the buildings are really old. But how will they decide which societies get redeveloped first? And what about the legal hassles?
Exactly my concern. Sector 27 mein toh halat bahut kharab hai. I hope they prioritize based on building condition, not just connections.
Legal hassles toh honge hi. Consent kitne logon ka chahiye hoga? 100%? That's practically impossible.
I bought a flat in Sector 75 three years ago. New construction, but already facing seepage issues. This redevelopment policy makes me wonder if I made the right decision buying new.
Bhai, paper pe toh sab achha lagta hai. Implementation is the key. Noida Authority ka history dekho, kitne projects delayed hai.
Haan exactly, Noida mein yahi problem hai. Promises bahut hote hai, delivery zero.
True that. RERA mein complaint daalo tab jaake kuch sunwai hoti hai.
Sahi baat hai! Finally, kuch toh achha ho raha hai Noida mein. But I'll believe it when I see it. Builders ka track record dekh kar darr lagta hai.
Bigger homes for free? Sounds too good to be true. What's the catch? Koi hidden charges toh nahi honge na?