V
Vivek Wadhwa
posted on 26 AprSector 1 E3 Infratech: PLC ka game?
Two months back I saw an E3 Infratech project in Sector 1. They quoted crazy PLC for higher floors. As an investor, is that floor-rise premium truly worth the ROI, ya builder ka game hai? Kya bolte ho?
#noida-property#floor-rise-premium#plc#investor#e3-infratech
Comments
U1 (original poster), what did the sales guy say when you questioned the 15% PLC for a future green belt? Did they try to justify it with fancy terms?
My two cents: PLC is for those who value a specific view or floor more than the monetary cost. As an investor, your focus should be on capital appreciation and rental yield, which PLC usually hurts.
In today's market, where Noida has so many options, don't get trapped by such marketing ploys. Do your due diligence, check RERA, and always visit the site multiple times.
U1 (original poster), they quoted 15% for the 18th floor, facing a 'future green belt'. So not even a guaranteed view!
15% for a 'future' green belt? LOL. That's pure speculation being charged as premium. Walk away, U7.
And what about amenities? Often higher floors mean more dependency on lifts, which can be a nightmare if maintenance is poor.
So, E3 Infratech in Sector 1, with 15% PLC for a 'future' green belt, and a patchy track record... this sounds like a high-risk, low-reward scenario for an investor.
Exactly my thoughts, U10. Better to invest in a ready-to-move project or a builder with a proven track record, even if the base price is slightly higher. No hidden costs or future headaches.
Agreed, U2. Builders have margins for everything. Don't pay sticker price for PLC.
Does anyone have specific numbers for E3's completion rate or average delay time for their past projects in Noida? That would be solid data.
U4, I found an old thread here on Propmyna about their Sector 121 project. It was delayed by almost 3 years.
3 years! That's a huge red flag. Thanks for the info, U5.
Current market trends show that property rates in Noida are appreciating, but it's more about location and builder credibility. PLC is just an add-on, not a value driver.
Totally agree, U16. People are paying for location and builder trust, not just height.
Exactly! If the builder is shady, even a lower floor is a risk. PLC toh bonus risk hai.
My advice: Look at the actual view from the proposed floor, not just a rendering. And talk to people who have bought from E3 before. Word of mouth is key.
I'm a first-time buyer considering Sector 1. This discussion is super helpful. So, basically, PLC is mostly a scam unless it's a very unique, unblockable view from a reputed builder?
U1, you got it. And even with a reputed builder, haggle hard on PLC. It's often negotiable.
Yes, U20, that's what I'm gathering too. Seems like it's rarely justified.
E3 Infratech ka track record bahut patchy hai. RERA registration number check karo for their past projects. Delays are common with them. Sector 1 mein waise bhi supply high hai, toh buyer's market hona chahiye.
I visited that E3 site in Sector 1 last month. Construction progress was super slow. Sample flat was good, but actual work was lagging. PLC for 16th floor was 12%. Total waste of money if project gets delayed.
12% for a slow project? That's a red flag! Builders with good progress usually have less to hide.
Exactly. Plus, if it's an investment, a delayed project means delayed rental income and capital appreciation.
And don't forget the opportunity cost. That 12% could be invested elsewhere for better returns in the same timeframe.
But Sector 1 is strategically located, near expressways and proposed commercial hubs. If one buys for long term (7-10 years), even with PLC, the appreciation might cover it, no?
Long term is fine, U13, but the builder has to deliver first. What's the possession date they committed? And is it RERA-compliant?
U14 is right. RERA status is crucial. I checked E3's RERA page, there are quite a few complaints about project delays for their other ventures.
Bhai, 100% builder ka game hai! Noida mein yeh PLC ka chakar bahut purana hai. Unless you're getting a clear view of a permanent green belt or river, it's not worth it.
Exactly U2! Mera bhi same experience tha with another builder in Sector 78. Paid PLC for a 'future metro view' which never materialized.
PLC is subjective. For Sector 1, which is a prime location, a slight premium for higher floors might be justified for better light/air. But 'crazy' PLC means they are probably overcharging. What percentage were they quoting, U1?
U4, my guess is 10-15%. Builders usually start there. For an investor, that's a direct hit on your capital appreciation.
NRI perspective: In developed markets, higher floors do command a premium, but it's usually transparent and tied to actual value (view, privacy). Yahan toh bas floor number badha do, price badha do.
Sahi baat hai, U6! Yahan sab game hai. They sell you 'exclusivity' jo 2 saal baad neighbour ki building block kar degi.
Two months back I saw an E3 Infratech project in Sector 1. They quoted crazy PLC for higher floors. As an investor, is that floor-rise premium truly worth the ROI, ya builder ka game hai? Kya bolte ho?