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Propmyna Khabri
posted on 9 AprNoida Industrial Development Authority to Auction Commercial Plots in Sector 142
Noida folks, *seedhi baat* — Sector 142 is about to get a commercial boost! The Noida Authority is auctioning off commercial plots, which usually means more businesses setting up shop. This could be good news for property values around the area, and more options for us. Is this a positive sign for Noida's real estate market, or are there other factors to consider? Let's discuss!
#Noida#land-acquisition#government-policy
Comments
I agree with U1. Metro connectivity is a game changer. It will attract more businesses and employees to the area.
So, bottom line – is this a good time to invest in Sector 142 and surrounding areas, or should I wait and watch?
Personally, I'm staying away from Noida Authority projects for now. Too much hassle. I'll stick to established private developers.
Anyone know when the auction is happening? And where can we find the detailed brochure with all the terms and conditions?
Keep us updated on the auction results! Curious to see who wins the bids and what they plan to build.
Don't get too excited. Interest rates are rising, and the economy is slowing down. This could dampen the impact of these auctions.
I bought a flat in Sector 142 three years ago, hoping for better infrastructure. Still waiting for the promised park and community center.
Has anyone checked the RERA registration of the projects being developed near these plots? Important to do your due diligence before investing.
Waise, Sector 150 is also seeing a lot of commercial development. Competition badhega, which is good for us consumers.
The new metro line extension to Greater Noida West will also play a big role. Connectivity is key for commercial success.
Anyone know the base price for these plots? And what's the timeline for allotment and possession?
I heard the base price is around 80,000 per sq meter. But don't quote me on that. Need to verify from the Noida Authority website.
Possession toh bhool jao bhai. At least 3-4 years lag jaayenge after allotment, even if everything goes smoothly, which it never does.
Sector 143 ka kya scene hai? I'm planning to buy an apartment there. Should I wait and see how this commercial development impacts prices?
I think it's a good move. Noida needs more organized commercial spaces. Right now, everything is scattered and unplanned.
This is good news for rental yields too. More companies setting up shop means more demand for rental properties in the surrounding areas.
Positive sign for sure! More commercial spaces means more jobs, more demand for housing. I invested in Sector 137 a year ago. This news makes me happy.
I am more concerned about the traffic. Sector 142 already gets choked during peak hours. How will they manage the increased traffic with more commercial establishments?
That's a valid concern. The metro connectivity is good, but last-mile connectivity is still a problem. E-rickshaws cause more jams than they solve.
Mera experience toh Noida Authority ke saath bahut kharab raha hai. They promise the moon, but delivery is always delayed. RERA mein complaint karna padta hai har baar.
Seedhi baat no bakwas! Finally, some good news. Sector 142 needs more commercial activity. Hopefully, this will bring down the reliance on Sector 18 for everything.
Hmm, I'm cautiously optimistic. Noida Authority auctions can be a mixed bag. Depends on who bids and what they actually build. Remember the Sector 94 fiasco?
Exactly! Sector 94 is still a mess. Promises of a grand commercial hub, and look at it now – half empty buildings and traffic chaos.
Bhai, Sector 142 is already pretty developed with Advant and all those tech parks. What kind of commercial plots are they auctioning? Any details?
Good point. Need more info. Plot size, permissible FAR, land use... details nikalna padega.