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yes i fully agree with the remark.
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I am also a Civil Engineer and fully disagree with the author of this article. As far as the construction cost is concerned, it is about Rs.1000 per sq. feet and the cost of land depends upon its location and Floor Area Ratio which is being allowed by the Authority. Also land is much cheaper in Noida Extension (Greater Noida). While looking the aspect of construction cost, one should not consider huge margins in it as the market is very saturated at present. I do not understand as to whether the website owing company/ firm does even not consider the data/ material of the article before publishing it on website.
It also shows the negative nature of the writer that he has totally neglected all the Builders and has presented them as touts. Why the facts that cement and steel have got cheaper in recent times have not been considered by the author.
It also shows the negative nature of the writer that he has totally neglected all the Builders and has presented them as touts. Why the facts that cement and steel have got cheaper in recent times have not been considered by the author.
Except ASSOTECH REST EVERY ONE IS SELLING VERY CHEAP. ASSOTECH IS NOT OFFERING ANY HEAVY DISCOUNTS (MAXM 3%) AND SELLING THRU 3-4 BROKERS. I 100% AGREE THAT FOR A GOOD QUALITY CONSTRUCTION INCLUDING SWIMMING POOL NICE CLUB AND UNDERGROUND PARKING, fIRE FIGHTING, QUALITY ELECTRICAL SYSTEM, GENERATOR SYSTEM WITH SYNC PANEL, MAINTAINING THE SPECS MENTIONED IN THE BROCHURE THE COST CANNOT BE LESS THAN 1300 TO 1400 AND COST OF FSI IN SEC 78 NOIDA IS ACTUALLY RS 1200. sO TOTAK COMES TO Rs 2600 and selling price is 2700 which includes broker comm of Rs 150 approx . So Assotech projects seems VIABLE
Rates are realy low. However these builders are very reputated. Due mass scal construction and big size projects, these are viable. Further at starting rates are low, but once 50% flats are sold they will increase the rates.
Parijat S M Tripathi
Parijat S M Tripathi
Hello All,
Let me talk about the developers in the Noida, Noida - Ext:
1.Supertech: is as usual very unpredictable builder as some of their projects are facing big issues like construction quality, finishing and maintenance while one or two of the project has got satisfactory feedbacks.. so a risky builder, why risky b'coz they offer cheap rates and people expect in return at least the value of their money, which sometimes becomes the main area of business to so called - Supertech that they can always play upon.
2. Mahagun: Mahagun as compared to Supertech is much better, they do not go in fishing customers in the market.. they know what they can do and offer their projects accordingly... they are on time in possession and quality of construction, Maintenance, Finish, Operation is below to what one can expect from Assotech or Japee/DLF/Lotus ... but always better than Supertech, Amrapali and related builders at this band..
At least one can show a bit of heads on to Mahagun rather others in the price band of 3000+/- 10% PSFT in Noida Sec 50, 78; while in Noida extn - in the range of 1800 +/- 10% PSFT.
Raj Madan
Let me talk about the developers in the Noida, Noida - Ext:
1.Supertech: is as usual very unpredictable builder as some of their projects are facing big issues like construction quality, finishing and maintenance while one or two of the project has got satisfactory feedbacks.. so a risky builder, why risky b'coz they offer cheap rates and people expect in return at least the value of their money, which sometimes becomes the main area of business to so called - Supertech that they can always play upon.
2. Mahagun: Mahagun as compared to Supertech is much better, they do not go in fishing customers in the market.. they know what they can do and offer their projects accordingly... they are on time in possession and quality of construction, Maintenance, Finish, Operation is below to what one can expect from Assotech or Japee/DLF/Lotus ... but always better than Supertech, Amrapali and related builders at this band..
At least one can show a bit of heads on to Mahagun rather others in the price band of 3000+/- 10% PSFT in Noida Sec 50, 78; while in Noida extn - in the range of 1800 +/- 10% PSFT.
Raj Madan
HELLO ALL
I dont understand in which world all these people are living probably they have not purchased any flat in near past if a builder is quoting rate of Rs 2900 sq ft price then this is on super built up area e.g if the area is 1500 sq ft then the client is actually getting around 1100 sq ft so the price the purchaser is paying is infact Rs 3954 sq ft and this not the end of the story In addition to that purchaser also pay 1.5 to 2 lakh for parking Rs 75 to 100per sq ft for plcof floor and for park or pool facing and IFMS etc power backup charges i.e Rs 300 more so actually the purchaser is paying Rs 4250 when the price demanded is 2900 It is an open loot and no authority or body is theer to stop this loot. On these prices builder with good reputation earn 30% profit and Bad one get arround 40% we can only pity the purchaser who do not have guts to form their own co operatives to get these flats in half the price
Anil
I dont understand in which world all these people are living probably they have not purchased any flat in near past if a builder is quoting rate of Rs 2900 sq ft price then this is on super built up area e.g if the area is 1500 sq ft then the client is actually getting around 1100 sq ft so the price the purchaser is paying is infact Rs 3954 sq ft and this not the end of the story In addition to that purchaser also pay 1.5 to 2 lakh for parking Rs 75 to 100per sq ft for plcof floor and for park or pool facing and IFMS etc power backup charges i.e Rs 300 more so actually the purchaser is paying Rs 4250 when the price demanded is 2900 It is an open loot and no authority or body is theer to stop this loot. On these prices builder with good reputation earn 30% profit and Bad one get arround 40% we can only pity the purchaser who do not have guts to form their own co operatives to get these flats in half the price
Anil
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