YEIDA whether a good or bad option
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maverick
Nov 28, 2009, 6:08:36 AM11/28/09
to YEIDA
hi Safal / groups,
This post is INTENTED FOR THOSE PEOPLE WHO CAN'T AFFORD TO BUY
PROPERTY AGAIN AND AGAIN AND WANT TO PUT THERE HARD EARNING FOR SOME
MEANING
What do you think about YEIDA project , present future 5 yrs / 10 yrs
down the line.
As i have feeling that this project wasn't a successful at all because
people doesn't show there interest in investing money there. as there
are more seller than buyer
Moreover the Polictics in UP will certainly bring UP's and DOWN's down
the road .
So far i believe there is hype right now and every thing is on paper
and to become residential hub it will take more than one and half
decade.
I have also heard that now G-Noida soon be launching a a new plot
scheme ( higher than YEIDA rate). If so that will effect the YEIDA
market or not. HUDA scheme is already open right now.
Because It is important for those who r rushing to RE just to buy
without knowing the actual fact. what is right now there and what it
will become in future and when . I mean what they are expecting and
what they will get at that time frame.
yes on paper everything looks very good . but since the yeida is new
and havn't deliver anything so it is also difficult to believe how
they will work tomorrow.
I saw a lot of mail from the REA which are making hype of nothing
(just to increase the rate). so it will be good if some knowledgable
person put some light.
This post is INTENTED FOR THOSE PEOPLE WHO CAN'T AFFORD TO BUY
PROPERTY AGAIN AND AGAIN AND WANT TO PUT THERE HARD EARNING FOR SOME
MEANING
What do you think about YEIDA project , present future 5 yrs / 10 yrs
down the line.
As i have feeling that this project wasn't a successful at all because
people doesn't show there interest in investing money there. as there
are more seller than buyer
Moreover the Polictics in UP will certainly bring UP's and DOWN's down
the road .
So far i believe there is hype right now and every thing is on paper
and to become residential hub it will take more than one and half
decade.
I have also heard that now G-Noida soon be launching a a new plot
scheme ( higher than YEIDA rate). If so that will effect the YEIDA
market or not. HUDA scheme is already open right now.
Because It is important for those who r rushing to RE just to buy
without knowing the actual fact. what is right now there and what it
will become in future and when . I mean what they are expecting and
what they will get at that time frame.
yes on paper everything looks very good . but since the yeida is new
and havn't deliver anything so it is also difficult to believe how
they will work tomorrow.
I saw a lot of mail from the REA which are making hype of nothing
(just to increase the rate). so it will be good if some knowledgable
person put some light.
Sanjeev Kumar Jindal
Nov 28, 2009, 6:17:00 AM11/28/09
to ye...@googlegroups.com
I am in total agreement with you.
Second dip in the world economy is in pipeline.
Dubai factor is yet to spread.
Best Regards,
Sanjeev Jindal
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Second dip in the world economy is in pipeline.
Dubai factor is yet to spread.
Best Regards,
Sanjeev Jindal
You have received this message because you subscribed to the Google "YEIDA" group.
To visit this group, please click the link http://groups.google.com/group/yeida
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_______________________________________________________________
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For any other information, kindly contact Arnab Mukharjee at arn...@gmail.com or Safal Suri at safa...@hotmail.com. Alternatively you may call Safal Suri on +91-9811182828.
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Dinesh ASHWAL
Nov 28, 2009, 7:03:38 AM11/28/09
to ye...@googlegroups.com
Dear Maverick
I agree your point that everything looks Rosy in Papers and YEIDA has not
delivered anything.
But if you look at this from Investment point of View. Bottom of Investment
is ROI at given time frame with level of Risk Involved. If you look at price
Rs 4750 per square meter. I don't think it is a bad deal.
Now today you are getting deal at Rs 4750 because everything is on papers.
Will you get this land at the same price when everything will be reality?
Even 50% become reality you will see tremendous jump ( let us say,
conservative figure 3 X within 3 -4 years) in land cost.
Imagine if we get the Airport at Jewar. International Tourist will be taking
connecting flight from Jewar to their destined place and have transit visa
to go to Agra or Night Safari. You will find Jewar International Airport on
International Map.
I know it is bit hypothetical now but not far from reality. Formula -1 Race
Track is reality now. 5 years back who has imagines that Noida will have
Formula - 1 Race Track. Nobody.......
Best Regards
Dinesh ASHWAL
+91 98100 44955
I agree your point that everything looks Rosy in Papers and YEIDA has not
delivered anything.
But if you look at this from Investment point of View. Bottom of Investment
is ROI at given time frame with level of Risk Involved. If you look at price
Rs 4750 per square meter. I don't think it is a bad deal.
Now today you are getting deal at Rs 4750 because everything is on papers.
Will you get this land at the same price when everything will be reality?
Even 50% become reality you will see tremendous jump ( let us say,
conservative figure 3 X within 3 -4 years) in land cost.
Imagine if we get the Airport at Jewar. International Tourist will be taking
connecting flight from Jewar to their destined place and have transit visa
to go to Agra or Night Safari. You will find Jewar International Airport on
International Map.
I know it is bit hypothetical now but not far from reality. Formula -1 Race
Track is reality now. 5 years back who has imagines that Noida will have
Formula - 1 Race Track. Nobody.......
Best Regards
Dinesh ASHWAL
+91 98100 44955
Safal Suri
Nov 28, 2009, 9:58:40 AM11/28/09
to ye...@googlegroups.com
Dear Maverick, Sanjeev Kumar Jindal and all group members,
Nothing is 100% risk free in life. Right from the moment, in fact way
before, a child is born... all the way to his/her last breath... every step
involves risk. What is different, is the perception of risk.
It is this perception that differs one individual from another. Something
that is extremely risky for me might be moderately risky for you, or
vice-versa. I repeat myself, risk is an individual's perception, based on
his/her past experiences, knowledge of a particular field (in this case a
particular area) and appetite to withstand damages/possible loss.
The other day while discussing "Yamuna Expressway Area and it's possible
future", my father said... this discussion on merits and demerits of YEIDA,
reminds him of early days of establishment of Chandigarh. There were more
skeptics than optimistic. Since the concept on which Chandigarh was being
formed was totally alien to Indians, and no one had seen such scale of
development in the past, 9 out of 10 people predicted instant failure of
Chandigarh. What eventually turned out is for everyone to see.
Similarly, Yamuna Expressway presents different degree of risk for different
individuals. Personally, I'm totally upbeat about its success... though,
with slight reservations.
One more thing. Investment, the term in itself represents a desire to earn
handsome profits. Often, investment is driven by greed. So, most people who
are investing... not just in YE, but anywhere... are motivated to achieve
that EXTRA degree of profitability. Which in turn increases the risk factor.
Yes, it is early days for YEIDA. Yes, there is nothing unprecedented to show
yet. Yes, there will be UPs and DOWNs.
That doesn't mean everyone should run away. Think, what will happen if
everyone was to think in such a way? Everyone would sit ideal, doing
nothing, fearing failure. The world will cease to exist.
Reminds me of a Hindi saying... something like this... WOH JANG KYA JEETEN
GE, JOH GHUTNO KE BAL CHALTE HAIN.
Imagine where the world will be... if, all earlier generations were afraid
of taking risk? Answer it to yourself.
Now...
Imagine what will we leave for coming generations if we all run away from
potential risks? Answer this too to yourself.
In my view... Yamuna Expressway... is worth the risk. Time everyone makes up
their mind. If this place is not for you... well, too bad... there are
always other options. Maybe someday you will find the right opportunity...
or maybe, someday the opportunity will find you. Good Luck...
Safal
kunal agarwal
Nov 28, 2009, 10:29:56 AM11/28/09
to ye...@googlegroups.com
Sanjeev ji,
Most of the people who have burnt there fingers in last couple of years in RE is by private builders....Private builders charge exorbitant and then do not keep up the promises...i.e. People who got allotments from GN authority were never at a loss .. So I would say risk is minimal when you are directly getting allotment from YE authority. And we should be projects like Formula 1 are ontrack even after so much controversy ( Jaypee future itself will depend a lot on how this area develops in 5-10 years) . I saw a few adv in TV from JP abt this area and there plans looks promising..
And NCR population/traffic will keep on growing ( so in long term Dubai downturn should not decide what happens in India)...But we should not expect a bull run stock market like scenario where every other day you see some gains and feel happy..
Regards
Kunal
Most of the people who have burnt there fingers in last couple of years in RE is by private builders....Private builders charge exorbitant and then do not keep up the promises...i.e. People who got allotments from GN authority were never at a loss .. So I would say risk is minimal when you are directly getting allotment from YE authority. And we should be projects like Formula 1 are ontrack even after so much controversy ( Jaypee future itself will depend a lot on how this area develops in 5-10 years) . I saw a few adv in TV from JP abt this area and there plans looks promising..
And NCR population/traffic will keep on growing ( so in long term Dubai downturn should not decide what happens in India)...But we should not expect a bull run stock market like scenario where every other day you see some gains and feel happy..
Regards
Kunal
Rahul Babbar
Nov 28, 2009, 1:30:19 PM11/28/09
to YEIDA
Hi Safal,
The saying is something like..
"GIRTE HAIN SHEH SAWAR HI, MAIDAN-E-JANG MAIN,
WOH TIFL KYA GIRE JO GHUTNON KE BAL CHALE".. :)
Safal, Arnab et al,
Congrats on the very nice job being done here regarding helping people
and giving good advices.
Maverick,
I think Rs 4750/sqm is not very high...and keeping the plot and
letting the place develop looks a good deal....
Although it may not be good for those members who are planning to have
it pretty soon(say 2-3 years) as the place may need around a decade to
develop...considering the volatile economy etc...
As they say, Hope for the best and be prepared for the worst...
So, have a plan B in mind in case this scheme fails, ie dont invest
all your money here(hopefully)
Good Luck to all.. :)
Rahul
> To visit this group, please click the linkhttp://groups.google.com/group/yeida
The saying is something like..
"GIRTE HAIN SHEH SAWAR HI, MAIDAN-E-JANG MAIN,
WOH TIFL KYA GIRE JO GHUTNON KE BAL CHALE".. :)
Safal, Arnab et al,
Congrats on the very nice job being done here regarding helping people
and giving good advices.
Maverick,
I think Rs 4750/sqm is not very high...and keeping the plot and
letting the place develop looks a good deal....
Although it may not be good for those members who are planning to have
it pretty soon(say 2-3 years) as the place may need around a decade to
develop...considering the volatile economy etc...
As they say, Hope for the best and be prepared for the worst...
So, have a plan B in mind in case this scheme fails, ie dont invest
all your money here(hopefully)
Good Luck to all.. :)
Rahul
>
> To post a message to this group, send an email to ye...@googlegroups.com
> _______________________________________________________________
> You can unsubscribe from YEIDA group through our web interface or via email.
> To unsubscribe through our web interface please go tohttp://groups.google.com/group/yeida, click the "Edit My Membership" link on
> To post a message to this group, send an email to ye...@googlegroups.com
> _______________________________________________________________
> You can unsubscribe from YEIDA group through our web interface or via email.
> the right-hand side of the group's homepage. Then click the "Unsubscribe"
> button on the page that appears.
>
> To unsubscribe from YEIDA group via email, please send an email to
> yeida+un...@googlegroups.com
>
> For any other information, kindly contact Arnab Mukharjee at
> arn...@gmail.com or Safal Suri at safals...@hotmail.com. Alternatively you
> button on the page that appears.
>
> To unsubscribe from YEIDA group via email, please send an email to
> yeida+un...@googlegroups.com
>
> For any other information, kindly contact Arnab Mukharjee at
> may call Safal Suri on +91-9811182828.
>
> Please don't print this Email unless you really need to - this will preserve
> trees on planet earth.
>
> Disclaimer:-This message may contain confidential or privileged information.
> If you are not the addressee, please return the message to its sender and
> delete it from your files.
>
> --
> You have received this message because you subscribed to the Google "YEIDA"
> group.
>
> To visit this group, please click the linkhttp://groups.google.com/group/yeida
>
> Please don't print this Email unless you really need to - this will preserve
> trees on planet earth.
>
> Disclaimer:-This message may contain confidential or privileged information.
> If you are not the addressee, please return the message to its sender and
> delete it from your files.
>
> --
> You have received this message because you subscribed to the Google "YEIDA"
> group.
>
>
> To post a message to this group, send an email to ye...@googlegroups.com
> _______________________________________________________________
> You can unsubscribe from YEIDA group through our web interface or via email.
> To unsubscribe through our web interface please go tohttp://groups.google.com/group/yeida, click the "Edit My Membership" link on
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> _______________________________________________________________
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> the right-hand side of the group's homepage. Then click the "Unsubscribe"
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> For any other information, kindly contact Arnab Mukharjee at
> arn...@gmail.com or Safal Suri at safals...@hotmail.com. Alternatively you
> button on the page that appears.
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> For any other information, kindly contact Arnab Mukharjee at
AM
Nov 28, 2009, 2:23:39 PM11/28/09
to YEIDA
Ask those guys who were end users, who did not get their allotment,
how does it feel. Everybody knows, YEIDA is a long term investment and
will give you about 10-15% returns per year, which may not be great
in RE business. But for end users, it seems to be a good investment
for now because of the high speed Noida/South Delhi connection it will
have.
In Narela, allottees of DDA flat had a similar hard time seeking
premium. DDA had a to revise their allotment rates to a lower amount.
+++++++++++++++++++++++++++++++++++++++
Safal Suri
Nov 28, 2009, 10:21:56 PM11/28/09
to ye...@googlegroups.com
That's it!
I was wrecking my mind... couldn't remember exact wordings. Thanks!
Cheers...
Safal
----- Original Message -----
From: "Rahul Babbar" <rahul....@gmail.com>
To: "YEIDA" <ye...@googlegroups.com>
Sent: Sunday, November 29, 2009 12:00 AM
Subject: [YEIDA:3141] : Re: : YEIDA whether a good or bad option
Hi Safal,
The saying is something like..
"GIRTE HAIN SHEH SAWAR HI, MAIDAN-E-JANG MAIN,
WOH TIFL KYA GIRE JO GHUTNON KE BAL CHALE".. :)
Safal, Arnab et al, Congrats on the very nice job being done here regarding
helping people and giving good advices.
Maverick,
I think Rs 4750/sqm is not very high...and keeping the plot and letting the
place develop looks a good deal....
Although it may not be good for those members who are planning to have it
develop... considering the volatile economy etc...
Safal Suri
Nov 28, 2009, 10:38:45 PM11/28/09
to ye...@googlegroups.com
Hi Arnab!
You just repeated what I said below.
Everyone perceives RISK differently. Let me add a bit more. Like, the RISK
is not same for any two people. The degree of SUCCESS is also not same for
any two individuals.
As for 10%-15% returns you expect per year... I honestly think the rate of
return would be between at least 30%-40%... or more... calculated at simple
rate of return over 5 years.
Remember, right now you aren't paying total of Rs. 4750 per sq. mt.
Let me elaborate...
We all know authority price is Rs. 4750 per sq. mt. Which, in turn comes out
to be Rs. 3990 per sq. yd. Lets assume it to be Rs. 4000 per sq. yd.
Anyone who opted for a 30% payment plan will now pay Rs. 1200 per sq. yd.
And then pay instalment every six month, with 12% reducing interest.
What I say is, that Rs. 1200 per sq. yd. paid today will grow at a rate of
at least 30%-40%... or more... when calculated at simple rate of return over
a period of 5 years. Same goes for subsequent instalments.
Essentially... every 1 rupee put today will become 3 rupees or more, in 5
years. Which, in my opinion, is a very average performance... considering
the rate of inflation.
Hope this helps...
Safal
----- Original Message -----
AM
Nov 28, 2009, 10:47:04 PM11/28/09
to YEIDA
Dear Safal,
What I meant was 10-15% on 4750.
Going by your calculation, I need to revise my expectation to 5% per
year.
Thats a dismally low number which will drive even an end-user away. If
the rate of increase if just 5% then it would be better to revisit
this area after 10 years rather than putting money now.
Take care,
Arnab M
> ...
>
> read more »
What I meant was 10-15% on 4750.
Going by your calculation, I need to revise my expectation to 5% per
year.
Thats a dismally low number which will drive even an end-user away. If
the rate of increase if just 5% then it would be better to revisit
this area after 10 years rather than putting money now.
Take care,
Arnab M
>
> read more »
Safal Suri
Nov 28, 2009, 10:54:46 PM11/28/09
to ye...@googlegroups.com
Hi Arnab...
That's a smart move... :)
OK... meet you in 10 years...
Cha...
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Safal Suri
Nov 28, 2009, 11:02:14 PM11/28/09
to ye...@googlegroups.com
Just kidding...
Now... lets work on your calculation...
15% x 5yr x Rs. 4750 = Rs. 3562.50
Rs. 3562.50 + Rs. 4750 = Rs. 8312.5
So... basically you are expecting the prices to be in the range of Rs.
8250 - 8500 in 5 years. That is less than double.
According to my calculation...
40% x 5yr x Rs. 1200 = Rs. 2400
Rs. 2400 + Rs. 1200 = Rs. 3600
So... basically my expected price is Rs. 3600 (that's just for the initial
price). Almost 3 times.
Hmmm... so you can be wrong too. Cool.
How did you arrive at 5% figure?
:))
Safal
----- Original Message -----
From: "AM" <arn...@gmail.com>
To: "YEIDA" <ye...@googlegroups.com>
Sent: Sunday, November 29, 2009 9:17 AM
--
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_______________________________________________________________
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AM
Nov 28, 2009, 11:17:47 PM11/28/09
to YEIDA
Dear Safal,
According to your calculation, the SQM price of this area will be 50%
more after 5 years.
Ex. 4750 + 2400 = Rs 7150.00/ SQM.
I said 5% on the basis of your initial investment of 1200 which is
1/3rd of 15%.
So after 5 years, any one could pickup a plot for Rs 7150/SQM and will
have better clarity about the place. A fixed deposit in a bank account
could earns you 8%. Then why pay 100% ?
Take care,
Arnab M
> ...
>
> read more »
According to your calculation, the SQM price of this area will be 50%
more after 5 years.
Ex. 4750 + 2400 = Rs 7150.00/ SQM.
I said 5% on the basis of your initial investment of 1200 which is
1/3rd of 15%.
So after 5 years, any one could pickup a plot for Rs 7150/SQM and will
have better clarity about the place. A fixed deposit in a bank account
could earns you 8%. Then why pay 100% ?
Take care,
Arnab M
>
> read more »
Safal Suri
Nov 29, 2009, 12:09:15 AM11/29/09
to ye...@googlegroups.com
Too complicated... will explain later.
Good Night...
Safal Suri
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Land Rover
Nov 29, 2009, 12:52:22 AM11/29/09
to YEIDA
Dear All,
My first post....I am delighted to see the response/messages with
different views on this group site.
I think most of the people here (Plz pardon me for honesty) are first
time buyer or " certified unsuccessful applicant"(like me) in other
scheme floated by authorities in NCR.
Now as we got these allotments so we are over existed & jumping/
praising each other.We all are thinking that th price automatically
will become 15000/25000 Rs/ sq m & we will be making a "killing" by
taking these cash in our accounts....thought wonderful!! but keep our
feets on ground.......
My views are as follows:
1) The allotte should have focus /time horizon of 10-15 yrs to reach
the above level of pricing ( 15000-2000/sq mt.).The rationale si very
simple-
please undrstand that land prices in any are is drven by the
"commercial/Office" activities around it.....Gurgaon is live
example...Why land/flat is Gurgaon is so high even it has almost "NIL"
infrastructure as compare to NOIDA....Simple DLF frist made the
offices in Gurgaon ( not the basis infrastructure)...with offices
people moved in Gurgaon...What is that status of NOIDA/Greater
Noida????..Net net No one is going to Stay in GNOIDA/YIEDA unless he/
she is having office nearby...wILL YOU LIKE TO STAY ION YOUR PLOT &
LOVE TO TRAVEL TO NEW DELHI/GURGAON FOR YOUR JOBS??? IF YOUR ANSWER IS
YES THEN OF COURSE YOU CAN EXPECT THE RETURNS AFTER 4 YEARS( AT THE
POSSESSION TIME)
2) The problem with NOIDA/GNOIDA is only one - That no Big Builder
like DLF/Unitech got bullish on these places as they are not having
"large Land parcel" in NOIDA/GNOIDA area...Unitech despite of holding
300 acres of prime land on Noida Expressway has not launched
commercial projects (of course they launched unitech grande which was
victim of slump) in the area...Please note that around 20% of the land
bank which unitech is having right now belongs to Noida/Greater Noida
despite of that they prefer to launch the projects in Gurgaon...(see
the project launches in last Six Months by
unitec..Sunbreeze,Vista,Nirvana - II)........So net Net there is no
organise player (Except JP who is first time trying to get the taste
of real estate flavor)...Moreover JP is only interest (as of Now) in
selling the residential projects... I don't know why no organised
player is launching BIG OFFICE space........Even if the offices are
not completely sold at GNOIDA...so expecting that YIEDA will be having
everything in next 4-5 years is according to me is a "Myth".
3) Perception of UP factor........law & order...always will be a
discunng factor......
These are my preiminary thoughts (Please note I also got a plot 500 sq
mts in pocket U,sector - 20 park facing )... it 's not the frustration
or any thing is my mind....But i always prefer to be realistic instead
of creation of "imaginary" dream world......My final take is.....After
January 17,2010 (after payment of allotment money & by the Auguts/
September 2010) there will be more seller then taker as "Initial
trading gain fever" will be over so prices may fall even below the
allotment prices... as some one who need "liquidity" may go for
desprete sell......
But if the time horizon is 15 years then definitely things will be
more concrete by that time...........So enjoy a though that you bought
a land in NCR @ Rs. 442/sq ft which is dam cheap in comparision to
land prices of tier II city like Jaipur/Indore/Bhopal..etc. So in Rs.
442/ sq ft... But it will take at least a decade for turningog the
fortunes......so just enjoy the good feeling!!!
My first post....I am delighted to see the response/messages with
different views on this group site.
I think most of the people here (Plz pardon me for honesty) are first
time buyer or " certified unsuccessful applicant"(like me) in other
scheme floated by authorities in NCR.
Now as we got these allotments so we are over existed & jumping/
praising each other.We all are thinking that th price automatically
will become 15000/25000 Rs/ sq m & we will be making a "killing" by
taking these cash in our accounts....thought wonderful!! but keep our
feets on ground.......
My views are as follows:
1) The allotte should have focus /time horizon of 10-15 yrs to reach
the above level of pricing ( 15000-2000/sq mt.).The rationale si very
simple-
please undrstand that land prices in any are is drven by the
"commercial/Office" activities around it.....Gurgaon is live
example...Why land/flat is Gurgaon is so high even it has almost "NIL"
infrastructure as compare to NOIDA....Simple DLF frist made the
offices in Gurgaon ( not the basis infrastructure)...with offices
people moved in Gurgaon...What is that status of NOIDA/Greater
Noida????..Net net No one is going to Stay in GNOIDA/YIEDA unless he/
she is having office nearby...wILL YOU LIKE TO STAY ION YOUR PLOT &
LOVE TO TRAVEL TO NEW DELHI/GURGAON FOR YOUR JOBS??? IF YOUR ANSWER IS
YES THEN OF COURSE YOU CAN EXPECT THE RETURNS AFTER 4 YEARS( AT THE
POSSESSION TIME)
2) The problem with NOIDA/GNOIDA is only one - That no Big Builder
like DLF/Unitech got bullish on these places as they are not having
"large Land parcel" in NOIDA/GNOIDA area...Unitech despite of holding
300 acres of prime land on Noida Expressway has not launched
commercial projects (of course they launched unitech grande which was
victim of slump) in the area...Please note that around 20% of the land
bank which unitech is having right now belongs to Noida/Greater Noida
despite of that they prefer to launch the projects in Gurgaon...(see
the project launches in last Six Months by
unitec..Sunbreeze,Vista,Nirvana - II)........So net Net there is no
organise player (Except JP who is first time trying to get the taste
of real estate flavor)...Moreover JP is only interest (as of Now) in
selling the residential projects... I don't know why no organised
player is launching BIG OFFICE space........Even if the offices are
not completely sold at GNOIDA...so expecting that YIEDA will be having
everything in next 4-5 years is according to me is a "Myth".
3) Perception of UP factor........law & order...always will be a
discunng factor......
These are my preiminary thoughts (Please note I also got a plot 500 sq
mts in pocket U,sector - 20 park facing )... it 's not the frustration
or any thing is my mind....But i always prefer to be realistic instead
of creation of "imaginary" dream world......My final take is.....After
January 17,2010 (after payment of allotment money & by the Auguts/
September 2010) there will be more seller then taker as "Initial
trading gain fever" will be over so prices may fall even below the
allotment prices... as some one who need "liquidity" may go for
desprete sell......
But if the time horizon is 15 years then definitely things will be
more concrete by that time...........So enjoy a though that you bought
a land in NCR @ Rs. 442/sq ft which is dam cheap in comparision to
land prices of tier II city like Jaipur/Indore/Bhopal..etc. So in Rs.
442/ sq ft... But it will take at least a decade for turningog the
fortunes......so just enjoy the good feeling!!!
AK
Nov 29, 2009, 5:23:41 PM11/29/09
to YEIDA
Thats very well said!!
With regards to GN airport, my view is that it is mayawati pressing
for it so probably she has interests involved.
There is another airport within 150km from IGI in Jhajjar in Haryana,
being persued by congress government (in haryana), so if it has to
happen, then both will happen. Also, if these happen then DIAL will be
liable to be compensated (it does not mean that it cannot happen).
Now it depends how forcefully haryana congress press for it, and what
is the relationship of mayawati with the centre, all other things will
fall in place. Please note that centre recently has asked for further
report on Jevar, meaning it is not shooting it down, only passing time
(possibly for background negotiations to happen).
So I am hopful.
Kind regards
AK
On Nov 29, 5:52 am, Land Rover <maneeshchaturv...@rediffmail.com>
wrote:
> > person put some light.- Hide quoted text -
>
> - Show quoted text -
With regards to GN airport, my view is that it is mayawati pressing
for it so probably she has interests involved.
There is another airport within 150km from IGI in Jhajjar in Haryana,
being persued by congress government (in haryana), so if it has to
happen, then both will happen. Also, if these happen then DIAL will be
liable to be compensated (it does not mean that it cannot happen).
Now it depends how forcefully haryana congress press for it, and what
is the relationship of mayawati with the centre, all other things will
fall in place. Please note that centre recently has asked for further
report on Jevar, meaning it is not shooting it down, only passing time
(possibly for background negotiations to happen).
So I am hopful.
Kind regards
AK
On Nov 29, 5:52 am, Land Rover <maneeshchaturv...@rediffmail.com>
wrote:
>
> - Show quoted text -
AM
Nov 29, 2009, 5:31:52 PM11/29/09
to YEIDA
Jhajjar in Haryana is proposed to be a Cargo Airport (not passenger).
So the passenger operation of IGI is not affected by it plus Jhajjar
is quite close to IGI. Jewar Airport is proposed to be a passenger cum
cargo airport.
Read this news:
http://www.hindustantimes.com/rssfeed/newdelhi/Two-more-airports-to-flank-city-if-Centre-amends-rules/Article1-475797.aspx
Take care,
Arnab M
So the passenger operation of IGI is not affected by it plus Jhajjar
is quite close to IGI. Jewar Airport is proposed to be a passenger cum
cargo airport.
Read this news:
http://www.hindustantimes.com/rssfeed/newdelhi/Two-more-airports-to-flank-city-if-Centre-amends-rules/Article1-475797.aspx
Take care,
Arnab M
maverick
Nov 30, 2009, 12:51:42 AM11/30/09
to YEIDA
Firends,
Airport development come undere ministry of Civil Avaiation. And they
are resposible for development or improvement of any airport.
right now nearly all aviation industry and it's releated services are
going in big looses.
Especially AIR INDIA.they have asked for Rs 5000 cr for bail out.
Do you thing in such a scenario airport proposal will get considered.
second thing delhi air port is not having that much traffic that it
can't handle it.
It is just a matter of time that it is going under renovation
third thing . I always read in this forum that this airport will give
benefit to the tourist those who want to go to agra.
I believe ( not sure) Agra has airport . if that's the case they
should take a direct fight to agra instead to come to delhi.
So far cargo terminal is considered . it looks meaningful. than YEIDA
will become a city of cargo and containers.
Rather than residential hub it will look like to become industrial &
logistic hub.
thats again a good thing for the development of the state
On Nov 30, 3:31 am, AM <arn...@gmail.com> wrote:
> Jhajjar in Haryana is proposed to be a Cargo Airport (not passenger).
> So the passenger operation of IGI is not affected by it plus Jhajjar
> is quite close to IGI. Jewar Airport is proposed to be a passenger cum
> cargo airport.
>
> Read this news:
>
> http://www.hindustantimes.com/rssfeed/newdelhi/Two-more-airports-to-f...
> > > - Show quoted text -- Hide quoted text -
Airport development come undere ministry of Civil Avaiation. And they
are resposible for development or improvement of any airport.
right now nearly all aviation industry and it's releated services are
going in big looses.
Especially AIR INDIA.they have asked for Rs 5000 cr for bail out.
Do you thing in such a scenario airport proposal will get considered.
second thing delhi air port is not having that much traffic that it
can't handle it.
It is just a matter of time that it is going under renovation
third thing . I always read in this forum that this airport will give
benefit to the tourist those who want to go to agra.
I believe ( not sure) Agra has airport . if that's the case they
should take a direct fight to agra instead to come to delhi.
So far cargo terminal is considered . it looks meaningful. than YEIDA
will become a city of cargo and containers.
Rather than residential hub it will look like to become industrial &
logistic hub.
thats again a good thing for the development of the state
On Nov 30, 3:31 am, AM <arn...@gmail.com> wrote:
> Jhajjar in Haryana is proposed to be a Cargo Airport (not passenger).
> So the passenger operation of IGI is not affected by it plus Jhajjar
> is quite close to IGI. Jewar Airport is proposed to be a passenger cum
> cargo airport.
>
> Read this news:
>
Dinesh ASHWAL
Nov 30, 2009, 5:01:17 AM11/30/09
to ye...@googlegroups.com
Hi Maverick
Agra airport Lounge is like Railway station Canteen.
It is uses more for Airforce Flights then Commercial flights.
Tourist who visit Agra never take direct. Flight to Agra. They come to
Delhi and then go there.
Best Regards
Dinesh ASHWAL
Mail Sent from iPhone
Agra airport Lounge is like Railway station Canteen.
It is uses more for Airforce Flights then Commercial flights.
Tourist who visit Agra never take direct. Flight to Agra. They come to
Delhi and then go there.
Best Regards
Dinesh ASHWAL
Mail Sent from iPhone
Shailesh Jain
Nov 30, 2009, 5:27:25 AM11/30/09
to YEIDA
It seems that you are one of the unsuccessful applicant. The number
of allottees are more who want to sell on allotment as they have not
the capacity even to make 30%. Their selling pressure will definately
impact the premium. After 2-3 months, you will not get the plots at
current low premium. In nearby areas, Jaypee Greens is selling at
very hight premium. Kindly check-up with them. Moverover, we should
not foreget that this Yamuna Expressway will shorten the Delhi Agra
Route, its proximitiy to upcoming Airprot, Formula 1 Race and also
NODIA and Greater NOIDA and very cheapest rate in NCR area. In NOIDA
and Greater NOIDA property is unaffordable for the common men. One
who hold the plot atleast for 4 to 5 years will definately benefitted
with a huge premium which you cannot immagince today. Development of
Yamuna Expressway is the job of state government. It does not matter
who govern in future. The future government has to develop Yamuna
Expressway in the interest of the State as well as
Country............Dear, Be Positive
of allottees are more who want to sell on allotment as they have not
the capacity even to make 30%. Their selling pressure will definately
impact the premium. After 2-3 months, you will not get the plots at
current low premium. In nearby areas, Jaypee Greens is selling at
very hight premium. Kindly check-up with them. Moverover, we should
not foreget that this Yamuna Expressway will shorten the Delhi Agra
Route, its proximitiy to upcoming Airprot, Formula 1 Race and also
NODIA and Greater NOIDA and very cheapest rate in NCR area. In NOIDA
and Greater NOIDA property is unaffordable for the common men. One
who hold the plot atleast for 4 to 5 years will definately benefitted
with a huge premium which you cannot immagince today. Development of
Yamuna Expressway is the job of state government. It does not matter
who govern in future. The future government has to develop Yamuna
Expressway in the interest of the State as well as
Country............Dear, Be Positive
Shalabh
Nov 30, 2009, 6:18:40 AM11/30/09
to YEIDA
Dear All
I think a very healthy discussion is happening over the issue & this
is what I am able to conclude
1- The plots rates at which this scheme was launched were lowest in
the NCR , so be assured that not much money is at stake & it will give
handsome returns in LONG TERM. (10 - 15 years)
Please do not consider this as a Short term investment.
2- Final price of any property is being decided by its end usrers &
not by investors. In my opinion as of now most of us are to be termed
as investors & not necesserily be End users. To become ourself as End
users , we need to find a Job in surrounding area or wait untill our
Retirement so that we can spend a cool life in a big house.
3- So finally the point is marked to get a suitable Job in the area
means the meaningful & smart DEVELOPMENT of YEIDA.
For this of course it is very early to comment ,as this is the job of
YEIDA & UP Govt & we hardly have any role about that.
So again we need to keep patience & closely watch the progress.
If YEIDA want it can create wonders but need to improve overall
approach. I just quote one exmple for that
Many of us might have heard about NEEMRANA area in Rajesthan & it is
about 100 km from Delhi at Jaipur highway. Neemrana is now famous &
known as JAPANESE INVESTMENT ZONE. There is a huge investment from
Japanese companies & behind the success was RIICO'S marketing policy.
(There is no residential in surroundings till date)
Means Need is being created
Don't we think that GREATER NOIDA would had been a better option for
these companies ? But then credit goes to RICCO for their approach to
attract the investment.
So Dear friends , a lot is happening in India over economy front , but
then in UP Authorities need to change overall approach & must work
with clear targets with continious monitioring.
So let's hope we will get better results from YEIDA & we should be
able to see lots of industrial developments /SEZ /IT etc. & of course
then there would be plenty of end users there.
So untill then be positive & Keep invested.
Regards
Shalabh
I think a very healthy discussion is happening over the issue & this
is what I am able to conclude
1- The plots rates at which this scheme was launched were lowest in
the NCR , so be assured that not much money is at stake & it will give
handsome returns in LONG TERM. (10 - 15 years)
Please do not consider this as a Short term investment.
2- Final price of any property is being decided by its end usrers &
not by investors. In my opinion as of now most of us are to be termed
as investors & not necesserily be End users. To become ourself as End
users , we need to find a Job in surrounding area or wait untill our
Retirement so that we can spend a cool life in a big house.
3- So finally the point is marked to get a suitable Job in the area
means the meaningful & smart DEVELOPMENT of YEIDA.
For this of course it is very early to comment ,as this is the job of
YEIDA & UP Govt & we hardly have any role about that.
So again we need to keep patience & closely watch the progress.
If YEIDA want it can create wonders but need to improve overall
approach. I just quote one exmple for that
Many of us might have heard about NEEMRANA area in Rajesthan & it is
about 100 km from Delhi at Jaipur highway. Neemrana is now famous &
known as JAPANESE INVESTMENT ZONE. There is a huge investment from
Japanese companies & behind the success was RIICO'S marketing policy.
(There is no residential in surroundings till date)
Means Need is being created
Don't we think that GREATER NOIDA would had been a better option for
these companies ? But then credit goes to RICCO for their approach to
attract the investment.
So Dear friends , a lot is happening in India over economy front , but
then in UP Authorities need to change overall approach & must work
with clear targets with continious monitioring.
So let's hope we will get better results from YEIDA & we should be
able to see lots of industrial developments /SEZ /IT etc. & of course
then there would be plenty of end users there.
So untill then be positive & Keep invested.
Regards
Shalabh
Sanjeev Arora
Nov 30, 2009, 9:41:22 AM11/30/09
to YEIDA
शहर सभी हैं एक से क्या दिल्ली-भोपाल,
जगह वही अच्छी लगे जो दे रोटी-दाल।
> > - Show quoted text -- Hide quoted text -
जगह वही अच्छी लगे जो दे रोटी-दाल।
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