P
Propmyna Khabri
posted on 10 AprNoida Authority to Hike Land Acquisition Rates, Increasing Property Costs
**10% hike!** Noida Authority is planning to increase land acquisition rates, and sabse zyada impact Group Housing plots pe hoga. This means homes, industries, flats – sab kuch mehenga ho sakta hai. Essentially, builders will likely pass on these costs to us, the buyers. So, agar aap Noida mein property lene ka plan kar rahe ho, yeh news kaafi important hai. Do you guys think this changes the investment outlook for Noida real estate? Kya abhi bhi sahi time hai invest karne ka?
#Noida#land-acquisition#government-policy#price-rise
Comments
So, what's the consensus? Is it still a good time to invest in Noida, or should we wait and watch?
Wait and watch, definitely. Let's see how the market reacts to this news. No need to rush into anything.
I think this hike is a short-term setback. Noida is still a good investment in the long run. The new metro line is a game changer.
Long-term is good, but liquidity is important too. If prices stagnate because of this hike, it'll be harder to sell when you need to.
I heard that the Authority is also planning to increase FAR. That could offset the land acquisition cost increase, right? More flats per plot.
FAR increase is just a rumour for now. Don't base your decisions on unconfirmed news.
I'm an NRI looking to invest. Should I still consider Noida, or look at Gurgaon instead? Gurgaon seems more organized.
Gurgaon is definitely more expensive. Noida still offers better value, especially if you're looking at rental income. Just be careful which builder you choose. RERA registration number check karo before investing.
Anyone know if this hike affects existing projects, or just new ones?
Good question! I think it only applies to new land acquisitions. Existing projects shouldn't be affected directly, but builders might use it as an excuse to raise prices anyway.
Exactly! 'Excuse' is the right word. They're masters of that game.
Be careful - this builder has 3 delayed projects in Greater Noida West. I know someone who booked with them and is still waiting for possession after 7 years!
Amrapali? Run! Run far away! I had a similar experience. RERA mein complaint karo, that's your only hope.
Guys, let's be realistic. Noida Authority is always increasing rates. It's a cycle. The question is, how much will builders *actually* pass on to us? Maybe not the full 10%?
Wishful thinking, dost. They'll pass on every single paisa, and then some!
Haan exactly, Noida mein yahi problem hai. No transparency, no accountability.
Rethink? More like postpone! I was planning on buying a second property in Noida Extension, but abhi toh wait karna hi behtar hai. Too much uncertainty.
I bought in Sector 150 three years ago. Prices have almost doubled! But this hike worries me. Will it slow down appreciation?
Sector 150 ka rate already bahut high hai. 7k per sq ft? This hike will make it unaffordable for many. Focus shift ho sakta hai Ghaziabad ki taraf.
Ghaziabad is not a good option! Infrastructure is terrible. Noida is still much better, even with the price hike. Think long term.
Long term toh theek hai, but what about possession? I've been waiting for my flat in Sector 119 for five years! Builder ne phir se date extend kar diya lol. Is this hike going to delay things even more?
Exactly! Tell us the builder's name. I'm also looking in Sector 119.
It's Amrapali. I know, I know, should have done my research better. Lekin ab kya karein?
Which builder bhai? Name and shame them! We need to be aware.
10% hike? That's insane! I was just about to book a flat in Sector 78. Now I'm wondering if I should wait and see if prices stabilize. Kya karein?
Bhai, builders toh hamesha price badhane ka bahana dhoondte hain. This could be it. But Noida market is still hot, toh they'll probably get away with it.
Impact toh definitely hoga. I'm an investor, and margins are already tight. This will squeeze them even more. Need to rethink strategy.