Comparison between New Gurgaon/ Manesar and Greater Noida/ YEIDA

[mercedesboy]

(Gurgaon vs Noida comparison is old story. To recapiturate, Gurgaon
has 7 million sq. ft of Grade ‘A’ office space supply while Noida has
4 million sq. ft. of supply. As of now, Gurgaon has 3 to 4 times more
MNCs/ Indian company (white collar) jobs than Noida. Noida has much
better planning than Gurgaon. Gurgaon has airport proximity and a new
local metro construction started. Gurgaon had won this comparison
hands down on business front, while Noida had won on planning &
proximity front.)

An ordinary Delhi guy like me has two options today- either invest in
GNoida/ Yeida or in New Gurgaon/ Manesar.

This thread is to help each of us understand the strengths &
weaknesses of each of these places. My analysis & learning from the
past in summarized below:

1. New Gurgaon has 58 new sectors in an area of 37,000 hectares. Out
of that, only 14,000 hectares is residential. Rest goes to commercial,
industrial, communications, transport etc.
In comparison, Greater Noida has an area of 40,000 hectares and Yeida
has unlimited space presently.

2. New Gurgaon’s SEZs:

A. 8,000 crore multi-product SEZ from SKN Bentex Group;
B. DLF’s IT SEZ in Silokhara & multi-product SEZ in Manesar (spanning
across 20,000 acres and having capital outlay of 26,000 crores). Will
produce employment for about 7 Lakhs persons;
C. Reliance’s 25,000 acres Multi-product SEZ in Jharsa, Khandsa,
Narsingpur etc. (now reduced to 12,500 acres) Outlay of 40,000 Crore
Rupees. Will have a Cargo airport and 2,000 MW power plant within it.
This SEZ will provide 5 Lakh jobs.
D. Raheja’s SEZ in Manesar alongside KMP corridor and Western Railway
Freight Corridor,
E. Orion’s 325 acres IT SEZ in Bandhwari (near Manesar)
F. Manesar’s Model Industrial Town (4,200 acres) is already home to
thousand plus of large scale manufacturers (as Maurti, Hero etc.) and
middle scale corporates. MIT Manesar already has 1,00,000 plus people
traveling everyday to work there from different parts of NCR.

Some CNBC news reports employment as 2,00,000 plus presently in
Manesar. It is estimated that employment in large industry in this new
region would be above 10 Lakh people in the next 10 years in New
Gurgaon/ Manesar. (Conservative estimate)

I am keeping out investments in Bawal region (adjoining Manesar) in
Gurgaon, which is more than the above, since we are talking strictly
of New Gurgaon/ Manesar only.

Compare the above with Greater Noida/ Yeida, which are primarily
residential. Please enlighten this thread with a single comparable
project in Greater Noida/ YEIDA.

There could be many more industrial projects in Manesar/ New Gurgaon
of which I am not keeping track.

3. Internal infrastructure development: Both New Gurgaon/ Manesar and
Greater Noida/ Yeida would have huge plans for internal development of
roads/ trains/ metro/ ISBT etc. Expresway wise, Gurgaon’s new master
plan envisages a new 150 meter expressway between NH-8 (Rajiv Chowk) &
Dwarka, with 30 meter wide green belt on both sides. Please note that
the existing Delhi Gurgaon expressway is only 70 meters wide. Land
acquisition for new expressway is already on. Present link road
between Gurgaon & Faridabad is widened to four lane by awarding tender
to Reliance.

KMP expressway (involving capital costs of 2,545 crore Rupees) passing
through Manesar would link industrial towns of Gurgaon. DMIC would
pass through Manesar. As per a statement by MD of HSIIDC Rajeev Arora
IAS, 55 SEZ proposals within DMIC area of Haryana side are already
under consideration by Haryana Govt, which involve an investment of
1.5 Lack crores. (US 33 billion dollars). Phew ..!

Compared to that, Yeida has Yamuna Expressway passing through it, and
another link between Greater Noida & Badarpur is encouraging. What is
seriously lacking in Yeida & Greater Noida is industry of above
magnitude.

Similarly, new ISBTs would be coming up in New Gurgaon & Manesar.
Similarly, Yeida and Greater Noida have already got lots of spaces. On
infrastructure front, Gurgaon is still behind, but would catch up
sooner than later.

4. Health care: Greater Noida has some hospitals for a booming
population. Some RE guys earlier floated the news that new AIIMS is
coming soon. Let’s be assured that no new AIIMS is planned in Greater
Noida/ Yeida.

New Gurgaon will soon get second Ganga Ram Hospital (under brand
“Healers’), Naresh Trehan’s Medicity (biggest), 270 bed Fotis + Fortis
medicity, 150 beds Rockland Hosptial, 300 beds Artemis Hospital, 100
beds Max, 270 bed Panacea biotech & 150 bed Columbia & 120 bed Paras.
All these would be fully operational from 2012 onwards.

CONCLUSION: I could continue my research for few more days, but I saw
no meaning in it. New Gurgaon’s industry plans (& execution till date)
are so big compared to UP, that we don’t need to consider other
factors like “crime & lawlessness”, “Superior infrastructure of
Greater Noida/ Yeida”. Therefore, without waiting any further, I
invested in New Gurgaon, and dropped my plans for Yeida, at least for
now.

New Gurgaon will take a decade to come up. Just imagine, how long will
Yeida take. I agree with AM, that mere highways/ expressways/ F1/
Night Safari/ University cannot make a place populous and successful.
Yeida would remain investment based city for a decade, just like
Greater Noida still is. That will anyway kill the immediate prospects.

What I most like about this new Gurgaon/ Manesar region is that it is
ideal PPP example. Many big industrial houses are collaborating there.
Japan’s highest investment in India is in Haryana- Manesar side. This
is lacking in Yeida, where only JayPee is the only player.
BPTP, DLF etc have opted out of the UP game. This is worrying.

IF I WERE AN RE AGENT, I WOULD HAVE SPENT MY ‘GOLDEN YEARS’ IN NEW
GURGAON/ MANESAR/ HARYANA region. This is a friendly and free of cost
suggestion to an RE agent, who earlier said that he is spending his
‘best years’ in Yeida only because of ‘wonderful’ future of that
place. I sincerely believe that with his ‘skills’, he can do much
better in Gurgaon side. Anyway, good for him.

Generous fact based contribution from each member is solicited.

Without Malice to One & All,
Mercedesboy

[rohit kumar]

Anubhav,
Thank God, this means you'll stop visiting this group, and will stop
manipulation. But I'm reading your posts (All manipulative) from last
15-20 days, why you keep posting here, If you are not buyer, NOT
seller, YOU HAVE NO INTEREST IN INVESTING IN YEIDA....or have no
interest.


WAITING FOR YOUR REPLY!!

On Dec 10, 11:18 am, mercedesboy <anubhavjainadvoc...@gmail.com>
wrote:

[rohit kumar]

Anubhav, You missed the opportunity,

Now Bull has already striked, and there is very strong support at
Premium Rs. 900 PerSQM. And this is the Base price. I think Still its
value pick. Stop speculating.

On Dec 10, 11:18 am, mercedesboy <anubhavjainadvoc...@gmail.com>
wrote:

[mercedesboy]

Dear Rohit,

The point here is not if I as an individual is investing or not. My
post takes a macro FACT BASED picture of the entire regions FOR
BENEFIT OF ALL. More importantly, it seeked to motivate others to come
up with hidden facts about the good things of YEIDA region. & have a
constructive discussion.

At least the whole group knows me well by my real name, profession,
location etc. Most posters here are imposters & their real names/
professions are never known to anyone. If you & majority are happy
with my absence on this group, just becoz they think it hits the
PREMIUM INDUSTRY (while in fact, it doesn't affect any premium etc),
you be happy.

Time will tell that my posts read by Authority guys were CONSTRUCTIVE
& MEANINGFUL, since that made them think from all sides. Otherwise,
painting me as a vilian here is useless, because I am against no one
in Yeida authority and have no hidden agenda.

I know ten RE agents in Gnoida, who are much more reliable than those
agents who post under pseudo names here. Again, good for them. If you
don't like my presence here, you may request administrators/owners to
ban me.That would be more civilized.

[Sekar Chandram]

Hi Mercedes boy,

You have beautifully compiled all the developments of New Gurgaon vs
GN/YEIDA. You are right the only thing in which GN/YEIDA scores over
is infrastructure planning.

I have a million dollor question for you : Which are the comparable
scheme available in New Gurgaon where one can invest. Keep in mind the
nature of scheme and the total investment. I feel that plot schemes
are better than flat schemes for investment point of view because land
appreciates and flat depreciates. Also a scheme launched by Govt.
authority is safer than a pvt builder scheme.

Awaiting your further inputs

Sekar

On Dec 10, 11:18 am, mercedesboy <anubhavjainadvoc...@gmail.com>
wrote:

[mercedesboy]

Sekar,
The comparison is between Gnida/ Yeida & New Gurgaon/ Manesar.

1.The land rates in New Gurgaon are equal to those in G Noida.
2. Most new sectors in New Gurgaon have not even been started/ land
not even acquired. Their launch prices would be between Yeida prices &
Gnida prices. You may approach HUDA to buy large plots in new born
sectors. They have a Town Planning Dept. You'll get lot of info from
them.
3. All flats don't depreciate & all plots don't appreciate. example:
My small plot in DLF Phase 2 (Gurgaon) was worth 42 Lakhs in 2006; now
I have offers for 29 Lakhs. My friend's DLF flat bought for 60 Lakhs
is now more than 2 crores worth now. He bought from Pvt Builder which
appreciated.

I hope that answers your question.

> > Mercedesboy- Hide quoted text -
>
> - Show quoted text -

[mercedesboy]

Sekar,

Just to add, the flat I live in now was bought by my landlord for 12
Lakhs in 2006. Now it is 36-37 Lakhs. Similarly, my relative recently
bought a flat for 60 Lakhs in Ghaziabad; the same flat was bought by
the previous owner (seller) for only 15 Lakhs in 2004.

Hope that helps.

[Lamb]

Here is my two cents worth. Its great to talk about the positives of
Gurgaon. But here are the negatives:

1. Severe Power and Water Problems. Gurgaon is a city of great
superstructure and pathetic infrastructure. Tall buildings are next to
three story development without reason, fifty builders cooking the
broth in an ungainly architectural monstrosity that is Gurgaon. The So
Called new Sectors are on paper, so is the KMP expressway. WORK IS
HAPPENING RIGHT NOW ON YEIDA. Greater NOIDA expressway is up and
running.

2. Poor Roads infrastructure. On a weekened its great to watch the
malls from the distance. Try to find a parking in one is next to
impossible.Just drive in the first lane off the Expressway and a two
decades of fall is obvious. Even if you found a parking, you would be
walking through mud and slush, finishing is not one of the fortes of
Gurgaon.

3. Even the biggest office spaces are half empty. Its great to talk
about white collared jobs, unfortunately 50% of them are 20K a month
call centre positions most populated by wannabe executives or job and
educated young men/women passing their time.

4. Gurgaon is unrealistically expensive. Neither the quality of life
nor the power and water situation justify that. Except for some few
high end developments which are random and distributed, there are more
appartments than roads. God forbid if they are really fully populated
one day, the current traffic logjam will get worse.

5. All the so called new hospitals are in the launch stage, finding
quality manpower and necessary market for them will take a decade.

6. GN is already well divided into institutional, industrial and
residential sector and is the greenest city in NCR. Just one Nithari
does not tell the complete story, Gurgaon is as unsafe if not more.

THE REAL ISSUE WAS AND IS THE VALUATIONS. WHAT JUSTIFIES 18 to 27 K
per sq Yard for VATIKA? Answer: Hope over reason. At 4.7K YEIDA is a
realistically price development. Gurgaon was a hype which is already
busted. The So called new sectors and KMP is a feel good story.
Similar hypes were created for GN and YEIDA, but the prices were never
unrealistic.

The Flat story is fun. Dwarka flats were 25 L in 2005 and now they are
100 L, but Dwarka has no water. Flat escalation criteria means, Dwarka
has outstripped even South Delhi, 4 Times in 4 years.

[rohit kumar]

Dear Anubhav

""Again, good for them. If you
don't like my presence here, you may request administrators/owners to
ban me.That would be more civilized.""

I didn't say that you should be banned, or stop visiting this group, I
did not order you.

I just assumed, you'd stopped visiting. Sorry If you get me wrong. I
don't have or no body have authority to stop expressing one's opinion.

[mercedesboy]

Dear Lamb,

Thanks for your valuable input. I agree with you on most counts.

The one thing which I give max weightage is Industry. New Gurgaon/
Manesar has more approved industry plans (well in construction stage)
than G Noida/ Yeida. I mean we are talking of 1 million plus jobs in
that region (including both blue & white collar). Therefore, I have 2
questions:

1. All through the Yeida's (& this group's) existence, we have not
seen a single comparable project in Yeida/ Gnida. Why?
2. Why so many reputed king-maker companies investing in New Gurgaon/
Manesar? Names like Raheja, Reliance & so many others should have gone
to UP, with such a good infrastructure.Why Japan chose Haryana as
their biggest FDI destination in India, ignoring their rival G Noida/
Yeida?

Sitting here some 1,600 kms from Delhi, I don't have ready answers to
these genuine questions. They are critical questions, to which I know,
you will answer.

The thing to look for is- how convincing and fact based your answer
would be.

Thanks in anticipation.

[Almetal]

Very insightful and well researched analysis. I am sure that people
would have been far less apprehensive about the success of YEIDA if
the project had been in Haryana and not in U.P.!!
Haryana has always been ahead of most North Indian states mainly due
to the political will and stability. It is only now that Rajasthan,
H.P, U.K have started to follow Haryana's growth model but it will
still take tham many years to reach that level.
One of the most discouraging things fabout U.P for potential
industrialists is the slothful "babu" culture that pervades the entire
government machinery. Add to that woeful power shortages and any one
would look to relocate to Haryana.

I hope that the YEIDA project becomes the shining star for U.P and
Mayawati proves to everybody that she can indeed build cities of the
future and not just statues of herself.

On Dec 10, 11:18 am, mercedesboy <anubhavjainadvoc...@gmail.com>
wrote:

[Nitin]

Excellent guys, Hats-off.

Nitin

[AM]

Dear MercedesBoy / Lamb and others,
No one is arguing here, that GN/YEIDA will supersede GGN in-terms of
industry. GGN is in a very confortable situation, and it is pointless
to assume, Haryana will let it flagship city GGN die due to scarcity
of water or power. Same is applicable for the Tri-City of Chandigarh.
I still don't understand how a 200 sq yard plot in Panchkula costs
1.25 Cr and it feels pricier than GGN with so little high tech
industry around.

We started this forum, when the whole world was talking about gloom
and doom. So we did not anticipate any industry to comeup in this 6-8
months span, and was shedding jobs.

But an airport in YEIDA can be a game changer for sure. Pay attention
to this and after 4-5 years, if you still see that airport card is
being played, that would be a good time to make your call, whether to
stick to YEIDA or not.

So lets gauge the developments of next 5 years but right now, I would
suggest that one could buy here in YEIDA with low reasonable premium
which could potentially pay, big time, if airport / SEZ / SDZ falls
into place.
I have full faith on Ms Leenu Sehgal, the chief city planner of GN/
YEIDA and YEIDA will be a good place to live.

My 2 Cents.
Arnab M

-------------------------

[dubeypurse]

It is good to see a positive comparison between Noida/GN/YEA and
Gurgaon. I was in Gurgaon in 1997 for more than two years. In that
decade:

1. Maruti was major player
2. I was working for Hughes Software Systems. It was dream company in
NCR.
3. DLF , Ansal and other private RE players were there. They used to
visit us and ask to buy land at throw-away price in Gurgaon.
Definitely not everyone had money that time too to buy land at that
price.
4. Sector-14 was only shopping place apart from Gurgaon city.
5. Water scarcity was there.
6. Safety concern was always there.


7. There was nothing in Noida apart from Atta Chowk/Sector-27.
8. Good Software/EDA companies like Adobe, ST Microelectronics,
Motorolla, Cadence were there in Noida
9. Only government established and own societies were there in Noida
10. Noida had good connectivity from Delhi by bus, taxi and Auto
11. There were no Hotels, Cinema hall at Noida (except Alka cinemas
and Shipra Hotel )

When I came in Noida in 2002, I see that despite being for behind from
the Gurgaon,, it has:

1. Attracted more companies, esp white collar jobs ( IT , support
training etc..)
2. IBM having good setup in Gurgaon opted to setup another bigger
center in Noida Sector-62
3. NIIT has moved couple of buildings in Noida and planning a bigger
office in GN despite being well placed in Delhi/Gurgaon
4. ST Microelectronics, Moser Baer completely changed GN's residential
and rent going to 18-20K PM in GN (established sectors)
5. Wipro has moved to GN despite starting its office at Gurgaon in NCR
6. HCL Technologies has constructed HCL Tech HUB in Noida and heard
that has acquired land in GN despite starting major operation in NCR
at Gurgaon
7. Oracle has setup it's development center in Noida with 400+ ppl
despite having its HQ in Gurgaon with 200+ people.
8. Noida is first NCR city to get metro despite the claim that it
lacks industry and population. Suggest to board metro to feel it.
9. Noida is first to get the dispute on connectivity resolved an dnew
DTS buses plying, taxi, auto also available from mutiple entry points.

10. New Railway station at Anand Vihar that is going to be teh station
for all E, N and NE bound trains is very close to Noida.

11. Ghaziabad, Dadri, dankaur stations will always be plus for Noida,
GN and YEA.

12. Despite having teh airport closure to the Guragaon it suffers for
its distance to railway station. That most of the population uses more
frequently than Plane today.

you may compare and you will find that despite Noida being young it
had been second larget exporter after Banagalore for IT in past many
years.

Both the states had same fate in terms of government, you never had a
decent government in past two decades in both states but both are
moving good.

Now see how many private sector players are in Noida/GN/ DLF, Ansal,
Parshvanath, Unitech, Mahagun and many more..I find Noida having more
builders in residential field.

yes, it has to do allot to catch up with Gurgaon but if you major the
pace in last 10 years in comparison to what it was before you will
feel no matter which government comes it has no option rather to push
this GBN district as the modern Industrial district of UP.

I suggest people to walk around sector-62 of Noida and have a round
around the Taj Expressway now and see the difference in last 5 years.
Same way you go on the Jaipur expressway of Gurgaon and comeback then
compare both the cities and see if in the race of development one is
going to be left behind other ?

-Ashok

[AM]

Dear Ashok,
No one is questioning Noida in terms of industry. Even if Noida has no
industry, it will very well survive or leach on Delhi because of the
proximity to Delhi alone.

The question arises for GN and YEIDA which doesn't enjoy proximity to
Delhi and has to survive of its own.
I have not seen HCL acquiring land in GN which you have mentioned
above. See the official list of all the IT/Bio-tech companies who have
acquired land in GN and lets vet, how many of them are worth
mentioning and / or are operational.


Source = http://www.greaternoidaauthority.in/exitunits

Premier Information Tech.

I.T. Park / K.P. III
Prasandi Infotech Park Pvt. Ltd.

I.T. Park / K.P. III
Dhampur Alco-Chem Ltd.

I.T. Park / K.P. III
Wegmans Industries Pvt. Ltd.

I.T. Park / K.P. III
Yashoda Hospital & Research Centre Ltd.

Bio-Tech Park / K.P. III
U.K. Gupta

I.T. Park / K.P. III
RMC Techno-Build Pvt. Ltd.

Bio-Tech Park / K.P. III
Universal Creations Ltd.

I.T. Park / K.P. III
Kalika Infotech Park

I.T. Park / K.P. III
Sandeep Puri

I.T. Park / K.P. III
Supertech Builders

I.T. Park / K.P. III
Tanisha Builders Pvt. Ltd.

I.T. Park / K.P. III
Zeshta Pvt. Ltd.

I.T. Park / K.P. III
STMicroelectronics Pvt. Ltd.

I.T. Park / K.P. III
Agbros Builders & Engg. Pvt. Ltd.

I.T. Park / K.P. III
Delhi International Onfotech Pvt. Ltd.

I.T. Park / K.P. III
Shubh Advertisers Pvt. Ltd.

I.T. Park / K.P. III
Kapareva Development Pvt. Ltd.

I.T. Park / K.P. I
NIIT Multimedia Pvt. Ltd.

I.T. Park
NIIT Technologies Ltd.

I.T. Park
Stellar Ventures Pvt. Ltd.

I.T. Park
Unitech Ltd.

I.T. Park
Wipro Ltd.

I.T. Park
Ansal Properties & Infrastructure Ltd.

I.T. Park
Uppal IT Projects Pvt. Ltd.

I.T. Park
R.C. Info Tech Pvt. Ltd.

I.T. Park
Amplex Technology Parks Pvt. Ltd.

I.T. Park
Pavithra Dham Constructions

I.T. Park
KLJ Infotech

I.T. Park
Wipro Limited

Do you think with this many high tech companies, GN/YEIDA can
survive ?
Some one try to add any missing high-tech company to this list.

Take care,
Arnab M

> ...
>
> read more »

[mercedesboy]

UP has resources (incl. ample land), will power, skilled people base
etc, but politics kills everything. UP is the politicial hot-bed of
Indian democracy, and all major political upheavels/ developments
start from UP only (remember events through Indira Gandhi regime to
Babri & Maya's statutes issues). Investing companies are afraid if
Mulayam comes to power, he'll
abolish english education & MNC culture. If Maya's enemies comes to
power, they will eliminate JP Group. If Rahul comes to power, he'll
eliminate black money & RE agents' stronghold on UP land & polity. If
Amar Singh comes to power, being an industrialist, he'll eliminate all
industries having affiliation to enemy parties. In any case, whoever
comes to power, the first elimination round starts with NOIDA/ GNIDA's
heads (& possible cases against them).

"Very insightful and well researched analysis. I am sure that people
would have been far less apprehensive about the success of YEIDA if
the project had been in Haryana and not in U.P.!!"

Dear Almatel. Thanks. Haryana follows an altogether different model of
development. Generally speaking, they bring industry first, and then
think about residential units and planning; which is both a good & a
bad model of development, but surely much better than UP model of
residential units first.

Dear Ashok (Dubeypurse), please note that we are not comparing Noida
to Gurgaon here; we are comparing New Gurgaon/ Manesar to Gnoida/
Yeida. Otherwise, I could have stated that UP forms part of BIMARU
states in India (which is a fact); how can you compare it to Haryana.
UP has maximum number of poor people & illiterate people in India
(yes, more than Bihar!) Haryana has highest per capita income in India
(close to Punjab).

You said Noida has more white collared jobs than Gurgaon. Though its
out of topic, yet if you have facts & figures (alongwith source)
please share. Then let's discuss. Otherwise, let's concentrate on the
topic.

Regarding your view of no Railway Station for Gurgaon, the distance
between the Anand Vihar Railway & Greater Noida is much more than
Gurgaon's railway station from New Gurgaon/ Manesar. Let's remember
that under Regional Rapid Transit System (RRTS), Gurgaon would be
connected to Delhi on one side & Alwar on other side. Out of 8 such
corridors proposed from NCR, Gurgaon line would be largest (158 Kms) &
most expensive (50,560 crores). Greater Noida/ Yeida routes do not
find mention in the said project...! See the link below:

http://epaper.indianexpress.com/IE/IEH/2009/12/08/ArticleHtmls/08_12_2009_501_005.shtml?Mode=1

Apart from that, proposed 135 Km. KMP expressway (in addition to
having a Fashion City, Entertainment City, World Trade Center, Leisure
City and Retail Merchandiser Warehouse Center- all of these within
Gurgaon side of KMP Expressway) would have 100 meter wide Orbital Rail
Corridor towards Delhi. (I don't know the exact route yet). Don't you
think that New Gurgaon would catch up with G Noida/ Yeida sooner or
later on infrastructure front?

Mere walk along sector 62 & drive along Yamuna Expressway won't help
UP (& industry); UP needs a break from destructive politics, so that
development of infrastructure other than roads may start. Just
acquiring village land & cutting residential plots is not
development. Remember, Nano went to Gujarat mostly because of Modi's
close friendship with Ratan Tata, Gujarat's proactive & industry-
supportive policies, & resources (ports). If UP is landlocked, it
could work harder like Haryana & Rajasthan to bring industry-something
which is lacking presently. I couldn't give a better hint why UP will
fare poorly (read- 'not better than Haryana) in the coming days.

I am sure you would agree. Let me know your thoughts.

Mercedesboy
(ANUBHAV JAIN, Advocate)

[Sekar Chandram]

Hi Mercedesboy,

My point on plot vs flat has attracted larger response although my
main point was different.

Let us accept that Gurgaon is better (you have already mentioned lots
of facts)

The issue is if someone like me wants to invest smaller amount (15 to
20 Lacs) in a safer land scheme ( I find YEIDA scheme to be safe
enough) what do I do in New Gurgaon/Manesar.

Are you aware that HUDA is going to launch residential plot schemes in
near future in this area.

I fully appreciate Arnab's point of attractive price at YEIDA.
Comparison with Panchkula is a good example.

Even if we assume that YEIDA is inferior to New Gurgaon/Manesar but
the whole game is about the appreciation of your property. If YEIDA is
today offering these plots at such low price then they can give good
appreciation and still remain cheaper than New Gurgaon/Manesar. I
think that is fine and no one is complaining on that.

The key issue here is not of compariosn of two areas but of right
pricing.

Sekar

> > - Show quoted text -- Hide quoted text -

[Rohit]

And we should not forget about Cricket Statdium and F1 on yamuna
expressway. Infy and NIIT has already purchased a land on yamuna
expressway. I am working in MNC and they are planning to exapand, New
office might come in greater noida.

Nehur place extension is coming up on Noida-Greater noida expressway.

[Dinesh ASHWAL]

Dear Sekar

I agree with you.

In short words

YEIDA is a Long term Investor's Place and Gurgaon is a RE , Short terms gain Investor's place.

Regarding YEIDA if key drivers are in place e.g. Airport, SED and SDZ then expect ROI in multiples.

Gurgaon everything already factored in...


Best Regards
Dinesh ASHWAL

+91 98100 44955

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[NITIN JAIN]

can any one qoute the premium for

500

1000

20000

40000

2009/12/10 Almetal <amitta...@gmail.com>

[mercedesboy]

Sekar,

Yeida's plots are attractively priced, I agree. In this much money,
you can buy only half the land in upcoming sectors of New Gurgaon
(whenever the Huda scheme opens), or even lesser. But apprciation
would be more in New Gurgaon/ Manesar side flats/ plots, since:

1. So many infra development (ISBTs, Expressways, Railways, theme-
cities) plans as seen above;

2. SEZ's adding 1 million plus jobs in 10 years in Gurgaon's suburbs;

3. Yeida has huge land (new schemes would keep coming for next 10
years). New Gurgaon/ Manesar has very limited land as compared to
Yeida.

If we are overestimating Yeida here, let's not underestimate Huda too
much.

See my very first line in previous thread, I said -land prices in
Yeida will surely appreciate.
Thanks

[dubeypurse]

Dear Arnab,
Yes, I understand that we are not comparing Noida with Gurgaon and
that is what I wanted to put that if you go 10-15 years back and see
where Noida and Gurgaon were vis-a-vis and now if you see them then it
doesn't appear that Noida has failed. And considering the fact that
India is growing and industries are coming then if New Gurgaon has to
grow then same will happen to YEA for sure.

-Ashok

On Dec 11, 11:29 am, AM <arn...@gmail.com> wrote:
> Dear Ashok,
> No one is questioning Noida in terms of industry. Even if Noida has no
> industry, it will very well survive or leach on Delhi because of the
> proximity to Delhi alone.
>
> The question arises for GN and YEIDA which doesn't enjoy proximity to
> Delhi and has to survive of its own.
> I have not seen HCL acquiring land in GN which you have mentioned
> above. See the official list of all the IT/Bio-tech companies who have
> acquired land in GN and lets vet, how many of them are worth
> mentioning and / or  are operational.
>

> Source =http://www.greaternoidaauthority.in/exitunits

> ...
>
> read more »

[dubeypurse]

Dear mercedesboy (ANUBHAV JAIN, Advocate),
Thanks for your wise words about UP. I have seen many threads where
people are questioning the Industry in GN at first place and
referencing the growth of YEA with GN. Arnab has already listed above
and you can see that GN is not dead investment and same way YEA will
not be a dead investment. I also feel you are creating a rogue debate
on the UP versus Haryana. I was saying if Haryana has seen Chautalas,
Bansi lal, Congress doing flip flop same is with UP, it has seen flip
flop with Mulayam, Maya and BJP. If I have to compare Haryana then not
to only UP for my investment rather to the Maharastra, Karnataka and
Kerala and other states and other places in the world not to Haryana
alone. Hope that helps to create a brighter perspective. You just
liked the railway track distance from Greater Noida to Delhi but
forgot that on the root to UP, Bihar, Asam, Kolkata people will get
more closure railway stations along with Metro. You contradicting
yourself when you say that Manesar, New Gurgaon will catch to the GN/
YEA in infrastructure but when it comes that they will catch you have
different opinion. If Noida has got first metro I don't see any reason
that any government will oppose to take metro to GN if people and
industry is there as you expecting for Haryana.

BTW what is population of Haryana and UP that you are comparing :) You
can't compare Apples to Oranges. Yes UP is backward as India is and
was but will it remain the way it is ?????

-Ashok

> http://epaper.indianexpress.com/IE/IEH/2009/12/08/ArticleHtmls/08_12_...

[dubeypurse]

Dear Sekar,
Let's keep in mind that Manesar exists not Yeida and that is reason
first scheme has come so cheaper. We had same opportunity at GN in
1993 but not after 2000. You can't compare YEA to Manesar today but
off course after 10 years.

-Ashok

[mercedesboy]

Thanks Ashok for your input.

Regards

[maverick]

Dear friends,

Here are few facts. All we know that land is cheap and stadium and F1
racing track is coming up.
but what will be the use of stadium and racing track.. for next 10
yrs, you guys better ans it . as this is NO MANS LAND
(Airport of out of question as of now)

why YEIDA wasn't able to attract too many application , i think of the
following reasons
1) Authority is new although ~6-7 yrs old
1) very far proximity
2) Most important may be few of us know . politic in UP
3) this complete section is full of scams and farmer agitations.
4) very slow industrial development
5) LAW and order.Crime rate is high
6) power , water and transportation problem.
7) nothing has delivered on time. ( even these draw)

Now everything will depends how they work and deliver. if no industry
will come up , may be somewhere 15-20 yrs down the road , it will
become habitable. which is too big time frame

To grow any new place alot of investment is needed and they have to
deliver. And this can only be done by govt.
If Up govt put sincer effort's i don't have any doubt that this will
become another gurgaon in another 10 -12 yrs.
But again look at point no 2.

Arnab has said very well without industry it will not catch up . nor
people will like to commute 40-50 km perside.
here people has taken.

there are better chances to fetch fast and comparitive better result
if someone will invest out of NCR like mohali , Jaipur , kundli,
manesar


-Maverick

[AM]

Hi there,
I read few member speculating that HCL / INFY has land in GN.
If you read the annual report of INFY, they are expanding in smaller
cities in South India. In North India, they have presence in
Chandigarh. INFY doesn't own any land in GN. Same goes for HCL.

I have provided the official list above, and it is evident that
besides NIIT / Wipro, I do not see any other IT company names which
are worth mentioning.

If the job generating industry is not there, people won't live there.
Also people counting x-Times will not get desired returns.

Take care,
Arnab M

[Anildvd]

Dear Mercedesboy ,

Just seen your comment on UP ..in some of above discussions......

"I could have stated that UP forms part of BIMARU
states in India (which is a fact); how can you compare it to Haryana.
UP has maximum number of poor people & illiterate people in India
(yes, more than Bihar!) Haryana has highest per capita income in
India
(close to Punjab)"

Hope you might be also knowing the gender ratio of Haryana ....

"The sex ratio in Haryana at present is 866 females/ 1000 males as
compared to the national average of 933 females/ 1000 males"

If you say this is the literacy of Haryana ...Then Hats of you my
friend .......


Best Regards
Anil Dwivedi

On Dec 11, 3:16 pm, mercedesboy <anubhavjainadvoc...@gmail.com> wrote:

[vivek]

Hi All,

I live in Gurgaon and though it has all the benefits being listed up
here,I would anyday prefer to move to a more organized and planned
place.
Just having huge buildings is not enough.Also the Dwarka-Gurgaon
expressway link is staggered as of now.And I don't see new gurgaon
coming up without it.
Even much of the current sectors are empty and the roads just
suck.Talking about corruption and the administration it is not better
than UP if not worse.
I have lived in Agra for over 15 years before I moved to Gurgaon and
if it was not for job I would still love to live there.The roads are
much better at least.

I stayed in Noida for a year and it has a more uniform urban feeling
as compared to gurgaon which is more kind of collection of a few urban
pockets.
I don't feel the transition while moving from Delhi to Noida that much
compared to moving from Delhi to Gurgaon.The infrastructure specially
the roads,public transport is way more organised.

Living in Gurgaon is more an unavoidable necessity rather than a
choice.It is highly overrated if you compare the benefits.It just
exists because of the airport just the airport.It is just a heaven for
the RE and investors who have inflated the property rates to
unrealistic heights.

I understand that people will live where their job is but for Gurgaon
I will call it just exploitation.


The builders in Gurgaon are trying to sell projects in the Manesar/new
gurgaon region (in almost barren lands without roads,without
infrastructure) at rates which are just crazy.And I don't believe that
place will take off in any less than 10-15 years.And guess what it is
just 15 km from the existing gurgaon, reason how would you reach
there.They have build flyovers till Rajiv Chowk.There are no flyovers
after that not even at the dram Manesar project.I will not like to
live in a place where I am gonna stuck in traffic for hours to
commute.

I don't know what kind of planning is this. When you were building the
flyovers then why leave your major industrial district without one.Too
bad.Gurgaon is just a milk cow for the Government which they know in
any case will payoff without any efforts or planning.

If am not wrong there was a public petition against Huda where it was
asked why has it spend some 100Cr only in the last 15 years from the
total amount of some 2000Cr funds it has which it has collected as
house tax and other means during these years.

Gurgaon could have been better planned but they have made a mess out
of it.Its a pity.

Regards,
Vivek

On Dec 11, 3:16 pm, mercedesboy <anubhavjainadvoc...@gmail.com> wrote: