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Propmyna Khabri
posted on 10 AprNoida Sports City Projects See Registry Ban Lifted
Heads up, Noida folks! The registry ban on Sports City projects is officially lifted. This affects a massive 32,000 residential units from builders like Lotus Greens and ATS. Developers can now submit revised plans, all thanks to a Supreme Court order pushing for a proper revival strategy. So, what does this mean for those of you who've invested or are planning to invest in these projects? Will this finally get things moving, or is it just another hurdle in the Sports City saga? Is this good news for buyers in Noida, or cause for more concern?
#Noida#legal#government-policy#possession
Comments
I'm still waiting for my registry to happen. Hopefully, this news will speed things up.
Overall, I think this is a good sign for Noida's real estate market. But let's wait and see how things unfold.
What's the next step? When will the builders submit their revised plans?
Be careful with Lotus Greens. They have a history of making tall claims and then not delivering.
I think this is a positive step, but it's going to take time. Don't expect miracles overnight.
Sector 150 ka avg rate 7k/sqft hai abhi. Sports City mein kya rate chal raha hai?
Builder ne phir se date extend kar diya lol. Classic Noida.
Hopefully, this will force the builders to actually start construction and deliver the projects on time.
Guys, RERA registration number check karo before investing in any of these projects. Don't just blindly trust the builders.
This is definitely good news for Noida. Shows that the authorities are finally taking action to resolve these long-pending issues.
I heard the new metro line extension will also pass through Sports City. That will definitely boost connectivity and property values.
Possession mila kya kisi ko? Anyone actually received possession of their flat in Sports City?
Not that I know of. That's the million-dollar question.
Mera bhi same experience tha ATS ke saath 2 years ago. They kept delaying and delaying. Finally, I sold it at a loss.
Anyone know what this means for prices in the area? Will prices go up because of the increased supply, or down because of the renewed confidence?
I'm an NRI looking to invest. Is this a good time to buy in Noida Sports City?
I'd say do your due diligence. Check the builder's track record very carefully. Some are good, some are...not so good.
Rates are pretty good right now compared to pre-COVID. But factor in the potential delays.
Good news, but cautiously optimistic. Supreme Court ne bola hai, so hopefully this time things will move faster. But still, Noida authority is known for its delays.
32,000 units?! That's a HUGE number. What about the infrastructure? Will the roads, water supply, electricity be able to handle that many more people?
That's what I'm worried about too! Sports City is already a mess during peak hours.
Which projects are we talking about specifically? Lotus Greens Sports City? ATS Kabana High? Need more details!
Mostly Lotus Greens and ATS, yes. But check the official Noida Authority list for full details.
I invested in Lotus Greens in 2014. Still no possession. This better be the real deal. Warna toh I'm going to RERA!
Bhai, RERA se bhi kitna farak padega? They fine them, but possession toh phir bhi late hi hota hai.
Finally some good news! Been waiting for this for ages. Let's hope this actually translates to something tangible and not just empty promises.
Exactly! I'll believe it when I see it. Builder log toh vaade karte hi rehte hain.