Why price of this project is quite Low, as compared to surrounding projects

Q: Hi,
Like to know, the villa size of 1365 sq.ft. costing around 35L, (ready to move), but there is 1 doubt, as compared to other projects in Noida extension, price of this project is low, so is there any issue with this project, & also like to know, what all thing i miss, if i go for this villas as compared to high rise flats.

Ashish Bhatia,

9th October 2017

Buying property in Renowned Lotus Villas, Noida Extension, Greater Noida

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Replies (2)

Yes, such kind of localities are not safe for end users. Renowned Srishti Villas comes under Jila Panchayat. It does not come under Noida Authority. The basic infrastructure like approach roads are also not in place till now probably due to the jurisdiction of Jila Panchayat. Any chances that the property may also not appreciate in future because of these reasons?

Sekhar, Noida

12th October 2017

Comment

Hi Ashish,
You are absolutely right, now it has been renamed as Renowned Srishti Villas. They are duplex villas and after implementation of NH-24 expansion project it has become the hottest selling property in Delhi NCR. Main reason is that they are providing duplex villas at the rate in which other builders are providing flats. Its absolutely safe to invest in Srishti Villas and floors.

Gagan Tiwari, Greater Noida

12th October 2017

Comment

Hello Gagan,
I was interested 2 years back in this project but came to know that this locality does not come under Noida Authority. Is it true? In-case of issues - whom to approach? Can we file case here for sanitation, pipes, and approach road? But many people in NCR live in similar colonies where rules are not applied by local authority.

Debanjan, Noida

12th October 2017