2BHK booked 2010(group booking), gr noida sec 1, Arihant greens by JMDR. Very Slow. Should we stay or pull out

Q: Attractive pricing but we are not sure of possession as the builder is running short of funds and booking is also 50% as told by him. 4BHK- 7floor structure, 3bhk- not dug up and 2BHK 1Floor. He claims to give possession by 2017 frst half.

Shivam, Meerut

21st March 2015

Buying property in Sector-1, Greater Noida

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Thank you all for your replies. Though the location wise the project is attractive and we booked under group booking so prices are also attractive but the problem is in last 5 yrs there has been very slow movement. Also, the builder has very little funds and resources to carry on the project. This has created doubts in our minds and the builder is demanding money. Please consider the possession and credibility factors also and suggest. Thanks again for the replies

Shivam, Meerut

23rd March 2015

Comment

Hi Shivam ,

In my point of view, This sector has nice future within the coming back time because it is already connected to Noida and greater Noida, city and NH-24. The metro station in Noia Extension is already proclaimed by DMRC which is able to build movement to Delhi straightforward. This sector has nice prospectus and demand within the coming time. The costs area unit certain to increase owing to high demand and also the nice property of the area. It's an ideal place to invest & earn handsome figure in return.

Mirza Ali, Greater Noida

23rd March 2015

Comment

Hi Shivam,
Locality point of view , this project is a good deal for both investors & end-users. If you will look the locality price trend, you will see that , in year 2010 this area has around 1750/sq-ft average residential price. In current situation, this price has touched around 4350/sq-ft. So definitely this locality is having steady growth in capital appreciation . So investment point of view, this is an ideal project .

Paras Lal, Greater Noida

23rd March 2015

Comment

@ Shivam,

According to opinion, Sector 1, Greater Noida may be a well developed planned sector. The connecting roads area unit wide and this combined with the encompassing open areas build it a perfect place to measure in. The metro station of Noida Golf Club is close so is access to NH24. So, you have got twin benefits. looking malls, hospitals, colleges area unit developing everywhere the sector. it's in inexperienced belt space has best property to city, Noida - Greater Noida motorway on NH-24 has sensible property to any or all major vital places of town.

Zuned Laskar, Greater Noida

23rd March 2015

Hi Shivam ,
As per my knowledge, Arihant Greens is one of the popular spacious residential development by JMDR Infra Project Pvt Ltd. Being located in Noida Extension , this project has all basic amenities like school, college, hospital & banks nearby. This project offers 2BHK, 3BHK & 4BHK apartment , area ranging from 935 sq-ft to 1850 sq-ft. Expected possession of this project is around June 2017. This project has financial approval from UCO Bank, Allahabad Bank. It's really a nice deal for both investors & end users.

Sai Kumar, Greater Noida

23rd March 2015

Comment

Hi Mr Shivam ,

According to me, this project is strategically located around 300 mt from Knowledge Park(IT hub), around 3 km from Sector -78. Sec 78 Metro Station (passed) would be just 2.5 kms distance from this project. This project has 4 entries so every flat would be in front. Landscaped with refreshing green open area. Well ventilated and spacious balcony allows max light, so saves energy. Fire fighting system as per latest norms.

Pranita Pandit, Greater Noida

23rd March 2015

Hi Sai,
I am not sure if we are referring to the same project. As the JMDR project- Arihant greens is a small project with no schools and hospital facilities. Please suggest base on the delay in possession and credibility factors.

Shivam, Meerut

23rd March 2015

Hi @pranita & @sai
Please find below the project link for your reference.

http://www.commonfloor.com/arihant-green-apartment-greater%20noida/povp-tw6zhs

Shivam, Meerut

23rd March 2015