K
Karthik Naidu
posted on 11 MayNoida Extension infra projects: The price hike is already done.
Since last year, I've been selling our big house since kids have moved out. Looking for a manageable 2BHK in Noida Extension, maybe Block H. Everyone glorifies Jewar Airport and FNG Expressway for price appreciation, but honestly, I think it's all speculation right now. Builders like Gaursons and ATS already quoting high. Is the promised completion timeline even realistic for these projects? Matlab, are we just buying into future promises that might get delayed for years? Change my mind.
#noida-extension#jewar-airport#fng-expressway#property-appreciation#project-delays
Comments
Ultimately, it's a gamble. Infra will come, but when and at what cost to our peace of mind? Due diligence is key.
The current market conditions are crazy. RERA data shows that property registrations have picked up, but new launches are also priced at a premium. I saw a project near the FNG corridor quoting upwards of Rs 6500-7000/sqft for a basic 2BHK. Builders are leveraging the 'future potential' argument heavily. It's a seller's market, unfortunately for us buyers.
Sab sahi keh rahe ho. As a first-time buyer, I'm just trying to find a decent 2BHK within my budget, but Noida Extension mein toh sab out of reach lag raha hai. Kya koi affordable options bhi bache hain ya sab high-end ho gaya hai? Has anyone found any good deals recently?
U7 is right, you won't find 'deals' as such, but if you look in projects a bit off the main arterial roads, maybe towards Alpha I Greater Noida side, you might get slightly better rates. But even there, prices have gone up.
Good deals are rare now. You might have to look slightly further from main roads.
Bhai, I understand your skepticism, but I think the infrastructure push is real, and the prices reflect that. My cousin bought a plot near Jewar Airport site two years back, and uska valuation double ho gaya hai. FNG Expressway will connect so many areas, it's a game-changer. Yes, builders will quote high, but demand is also there. It's not *just* speculation, there's tangible development happening.
FNG ka toh pata nahi, but Jewar ka Phase 1 2024 end tak bola hai, but looks unlikely. Builder ka track record dekho.
Exactly my point, U3! I booked a flat in Ajayabpur with a well-known builder a few years ago, banking on the FNG connectivity, and they've already pushed possession twice. Ab toh lagta hai aur 2 saal lagenge. These infra projects are great on paper, but builder delays make them a nightmare for first-time buyers. We pay EMIs for a dream that keeps getting deferred.
Haan, demand toh hai, but what about the actual completion dates? Jewar Airport ka phase 1 kab tak ready hoga, aur FNG Expressway ka kya status hai? Builders toh promise karte hain, but ground reality kya hai? Kisi ko koi solid info hai kya?
Totally agree with you, yaar. Builders like Gaursons have been quoting sky-high prices in areas like Alpha II for months now, even before any real progress on these projects. It feels like they've already factored in all the future potential, leaving no room for actual appreciation for us buyers. Matlab, humein toh bas hype ka paisa dena pad raha hai.