What is the future of Lotus ParkScape at Yamuna Expressway?

Q: What is the future of Lotus Parkscape project at Yamuna Expressway?

Piyush Pahwa, Delhi

16th May 2016

Buying property in Lotus Parkscape, Yamuna Expressway, Greater Noida

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Replies (8)

A group-housing project with apartments in 2-3 BHK format, the green-rated development will comply with environmental sustainability standards, thereby reposing the confidence within the residents.
For more info www.sonipatproperty.com

Amit Jindal, Sonipat

13th June 2016

Comment

At the same time, Yamuna Expressway is the place to concentrate if you are planning to invest in Delhi and NCR areas. Integrated townships, warehousing hubs and pristine logistics are backed by Yamuna Expressway Authority which looks after the growth plans for the sub-market. If Formula 1 Track is a flashing light of new-found investment destination. It will give you a good returns if you hold the space for 3--5 yrs of time.

Gagan Tiwari, Greater Noida

18th May 2016

Comment

Hi Piyush!!!
If you want a property solely for investment purpose, the time period is one of the most important considerations. It is always good to have a longer time period for investment, say 3-5 yrs. Records show that investment in young and growing cities has always been fruitful. You should invest in places, the development strategy of which is already on papers.

Noida and Gurgaon stand as the two relevant examples of the same. 15 yrs back, Noida Sec-15 and 18 were in the initial stages of development. Properties were available at an average rate of Rs 2000-2200/sq ft. Now the average property price in these locations is as high as Rs 8500-13000/sq-ft.

Prasad, Noida

18th May 2016

Comment

True Prasad......The sudden rise of Noida and Greater Noida commercial and residential properties is all because of the Yamuna Expressway. Yamuna Expressway has reduced the traffic congestion of these two cities. It is easy to move from Noida to Greater Noida and Dadri within a short time. If you are willing to purchase a property in Noida or Greater Noida, then you can easily get a luxurious apartment within your budget. In addition to this, you will be provided with good infrastructure, road network, and super fast metro connectivity.

Rehan , Greater Noida

18th May 2016

Solution to your problem
Pls contact
Kapil
9999205747

Kapil Nailwal,

17th May 2016

Comment

Hi guys!!!
Did any one of you got refund from Lotus Parkscape? If yes please let us know. I have submitted the cancellation form one month back but didn't get any response from their sites. Anybody got the refund. What is the timeline they are taking?

Naveen, Gurgaon

17th May 2016

Comment

I had visited Lotus Office for refund but they are saying it will take min 4 months time.

As per new real estate Bill , Builder will have to pay penalty if there is delay in construction. Therefore we should ask interest amount also. Request all not to withdraw amount without it. Please message me your cell no at vjsharan@gmail.com as I am trying to make a group of all Parkscape investor . After that we will visit builder's office together.

vishwajeet, Ghaziabad

4th June 2016

Hi all!!!
Lotus Group is not paying the interest and straightway saying "NO" to its buyers. Shall we go ahead and take the refund without interest? Has anyone here got refund with interest yet or may be a confirmation from Lotus only?

Jay, Delhi-NCR

17th May 2016

Comment

Hi Jay,
The project is cancelled and they are not accepting any new booking in this project. So, better exit now. They are giving refund to those who approach them. For latest information come and join ''3C Lotus Parkscape Buyers Group'' on Facebook

Rajib, Faridabad

17th May 2016

Hi Jay, I suggest we should fight together for refund with Interest over and above that we are losing for time value of money and opportunity cost. I will suggest don't cancel the booking instead we should commonly approach court for settlement. We have Real Estate Bill that takes care of apathy of buyers.

Piyush Pahwa, Delhi

25th May 2016

Hi Rajib, i checked at facebook the group is closed?

Piyush Pahwa, Delhi

25th May 2016

I suggest if you have a link and group is active kindly post it here, so that people can join.

Piyush Pahwa, Delhi

25th May 2016

Hi Jay , It's true that they had refused to give interest . But we should not leave our hard earned money like this . We had already made a investors group on whatsup . Please come and join us to fight against this. Mail me your no. / email id :- vjsharan@gmail.com

vishwajeet, Ghaziabad

22nd June 2016

Hi Piyush!!!
Located in Sec-22/A on Yamuna Expressway, Lotus Parkscape give triple advantages to its residents with its excellent connectivity to the Delhi, Noida & Greater Noida. This residential project presents you a living that is equally full of activity. You are well connected to your work place by the prominent names in the IT sectors and you are similarly on the point of some good schools, colleges, malls and hotels, restaurants and fast food streets. A petrol pump at nearest location and 2 ATM located nearby to the project.

Gagan Tiwari, Greater Noida

17th May 2016

Comment

Hi Gagan,
I heard a lot about this project and planning to visit the developers office for more details? But before that i want to know the BHK options available in this project and it's current price per square feet. Thanks....

Geeta, Noida

17th May 2016

Hello Geeta!!!!!
The towers at Lotus Parkscape have homes in 5 different configurations. You can choose from a 2 BHK + 2T, 3 BHK + 2T, 3 BHK + 3T + Ser.+ Toilet, 3 BHK + 3T + Ser. Quarter and 3 BHK + Lounge + Ser Quarter homes. Sizes of 2BHK are 1030-1045 sq-ft. and for 3BHK 1270-2330 sq-ft. This project offers 25 Towers and 1270 residential units which is spread over 50 acres of land. Its basic price is Rs. 2950/sq-ft., landscape facing - Rs. 50/sq-ft., lease rent - 22/sq-ft, car parking charges (covered) - Rs.2 lacs/bay, ECS - Rs.35/sq-ft, FFC - Rs.35/sq-ft, Power back up charges - Rs.20000/kva, club membership - Rs.1 lac and IFMS - Rs.25/sq-ft.

Gagan Tiwari, Greater Noida

17th May 2016

i want some leads from commonfloor,first i want to check that leads..