Allahabad Court Case for Noida Extension

For last today High Court is hearing the Noida Extension Land Acquisition case and today it will continue to do so. However,  today can be verdict day. Most of the petitioners have already signed the agreement with Greater Noida Authority with only around the 30 left which constitute >40% of petitioners.

Court has given every stakeholder a chance to put his  side before the court which includes farmers, builders, buyers, authority and govt.

Lets hope buyers don't get burdened and farmers will get there due.

Noida Extension fate undecided as farmers back out

Yesterday, cabinet approved the Land Acquisition Bill(LAB) and today it will be presented in the LS. While lot of political and industrial debate has already started on it, also it brings the fate of home owners, workers, builders and lastly the authority in the standstill.

Following the LAB farmers has refused stay abide to agreement made in Patwari village. So no matter what happens going forward. One thing is for sure wait for the Home Owners  in Noida extension will be long and frustrating.

Logix revising rates

It seems Logix has stopped taking booking for any flat before the price revision. Their are rumors in the market about the expected price. The last selling price for County, Greens and Zest were 3330, 2890 and 2890 respectively. The expected hike will be anything between 3500-4600 as per rumors.

My take is the expected rise should be around 500 for County. 200-300 for Green and Zest. However, I am no expert and might be proved wrong. :) .