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Propmyna Khabri
posted on 11 AprNoida Lifts Ban on Sports City Projects
📢 Noida Sports City projects ka ban uth gaya! Guys, Noida Authority ne Sports City projects pe jo rok lagi thi, woh ab hata di hai. This is a big development kyunki Lotus Greens, Logix Infra, ATS Homes, aur Xanadu Estate jaise builders ko ab revised plans submit karne aur construction restart karne ki permission mil gayi hai. Around 32,000 homes ka mamla hai yeh, so naturally market mein impact toh padega. Remember these projects were stopped back in 2021 due to some regulatory issues. Ab sab clear hai. Yeh news kaafi important hai for those who have invested or are planning to invest in these projects. Do you think this changes the outlook for real estate in Noida? Kya lagta hai aapko?
#Noida#government-policy#legal
Comments
Sector 152 is a good location. Greenery and all. But research ATS thoroughly before investing. Visit the site multiple times.
So, what's the next step? Builders will submit revised plans, and then what? How long before construction actually restarts?
Expect another 6-12 months for approvals and then maybe another 2-3 years for construction. Don't hold your breath.
Overall, this is a positive development, but don't expect miracles overnight. Dil ko tasalli dene wali baat hai bas.
This is good news for investors, but what about the people who were counting on these homes to live in? They've been waiting for years!
Exactly! People have EMIs to pay, rent to pay... Builder logon ko kya pata. Just keep delaying and delaying.
RERA registration number check karo sabse pehle. Aur builder ka track record bhi.
Haan, RERA is your best friend. Don't trust anything else.
ATS Homes ka kya scene hai? Are they reliable? Thinking of investing in their project in Sector 152.
I bought in Lotus Greens Broadwalk back in 2017. Possession mila kya kisi ko? Last I heard, they were still struggling with approvals.
Lotus Greens... another builder with a shady reputation. Be careful folks. Always do your due diligence before investing.
Regulatory issues kya the exactly? Anyone has more details?
I heard it was related to land acquisition and environmental clearances. Noida Authority had some problems with the original plans.
U5, Sector 137 mein kaunsa project tha? I'm also looking at Sector 137, so I'm curious.
U6, Logix Blossom County tha shayad. Bahut logon ka paisa atka hua hai wahan.
Correct. Blossom County. Horrible experience. Never trust Logix.
Thanks for the info! Saved me from a big mistake.
So, 32,000 homes... that's a lot of inventory coming into the market. Will this drive prices down, or will demand absorb it all?
Prices down? LOL. Noida mein? With the new metro line extension and all the development happening? Not a chance. Maybe a slight correction, but not a significant drop.
Metro se toh farak padega hi. Connectivity is key. Plus, Sports City is a good location. Close to everything.
Exactly! Sector 150 ka avg rate 7k/sqft hai abhi. And it's only going up. Demand is high, especially for ready-to-move-in properties.
Finally! Some good news. Been waiting for this. Koi update hai ATS Greens Village ka? That's where I invested back in 2019.
Hmm, rok toh hat gayi, but will the builders actually deliver? I have my doubts. Seen too many promises before.
Bhai, this is Noida. Expect delays. But at least there's some movement. Better than nothing, right? Anyone know if Logix Blossom Greens included hai ismein?
Logix ka toh naam sunte hi darr lagta hai. Unka toh pehle wala project hi incomplete pada hai. U3, check RERA website for the project details. Should be listed there.
U4, exactly! Logix is a big NO for me. They are expert in diverting funds. I lost a lot of money in their project in Sector 137.