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Propmyna Khabri
posted on 10 AprNoida Lifts Ban on Sports City Projects
Heard any updates on the Sports City projects in Noida? Well, here's some potentially good news. The Noida Authority has finally lifted the restrictions, meaning developers like Lotus Greens can now submit revised plans for approval. For those of you who've been waiting for your Sports City homes, this could be a significant step towards completion. The goal is to get those pending units finished and address the concerns of us homebuyers. Let's hope this leads to real progress on the ground and we finally see some movement. Does anyone have any first-hand experience with these projects or perhaps more information on the revised plans? It would be great to hear what you know!
#Noida#government-policy#possession
Comments
Let's hope this leads to some positive change for the homebuyers who have been waiting for years. Good luck to all of us!
Be careful everyone. This builder has 3 delayed projects already. Invest wisely!
Check amenities completion before booking. I made that mistake and now I'm stuck with a half-finished project.
Is it a good time to buy in Noida right now, considering the rising interest rates and property prices?
U6, It's a gamble. Prices are high, but they might go even higher. It depends on your risk appetite and long-term investment goals.
U6, With the current market conditions, I'd say wait and watch. There might be some price correction in the coming months.
I think it's a step in the right direction, but we need to see actual progress on the ground before celebrating. Talk is cheap.
So, what happens next? Will the developers actually submit revised plans and start construction? That's the million-dollar question.
This is good news for investors, especially NRIs who are looking to invest in Indian real estate. But due diligence is key. Don't rush into anything.
I heard that the Noida Authority is also planning to introduce some new policies to protect homebuyers. Anyone know anything about that?
Builder ne phir se date extend kar diya lol. I'm not even surprised anymore. This is the Noida story.
U2, Haan exactly, Noida mein yahi problem hai. They make promises they can't keep.
Totally agree yaar. We need more transparency and accountability from these builders. RERA needs to be stricter.
I think this is a good sign. Hopefully, the authority is serious about getting these projects back on track. Noida's image has taken a hit because of these delays.
Possession status kya hai kisi project mein? Anyone got possession recently?
U16, Very few people have received possession, and even those are complaining about incomplete amenities and poor construction quality.
U16, Don't expect much. Even if they give possession, you'll be fighting for basic things like electricity and water connection.
Mera bhi same experience tha 2 years ago with another builder in Noida Extension. They promised the moon, but delivered nothing. Be very cautious.
Lotus Greens? Be careful. They have a reputation for delays. Check their track record on RERA before you invest more.
U8, Solid advice. RERA registration number check karo sabse pehle. Don't blindly trust these builders.
U8, Agreed. I know someone who invested in their project in Sector 150, and he's been fighting for possession for 4 years now.
I bought in Sector 150 three years ago. The prices have definitely gone up, especially with the new metro line coming up. But still, delays are a major concern.
What's the current average rate per sqft in Sports City? Anyone have a recent data point?
U12, Depends on the project and location. But generally, expect around 6-7k per sqft in that area.
U12, I saw some listings online for resale units at around 7500/sqft. But those are probably overpriced.
Finally! I've been waiting for news on Lotus Greens Sports City for ages. Fingers crossed this actually translates to something tangible. Mere paise phasse hue hain yaar!
Bhai, this is Noida. Lifting the ban is just step 1. Getting approvals, finding funds, actually building... that's a whole different ball game. Don't get your hopes up too high.
Has anyone actually seen any construction activity lately? Last I checked, it was just an empty plot with some security guards. Sector 79 mein halat bahut kharab hai!
U3, exactly my point! The ground reality is often very different from what the authorities claim. Been visiting the site every month for the past year. Nothing!
U4, same here! I booked a flat in 2018, and still waiting. They keep giving new dates. It's so frustrating!
U4, Which tower are you in? I am in tower C. They promised possession by 2020. Abhi tak toh kuch nahi dikh raha.