Sunday, November 14, 2010
Sunday, October 3, 2010
Friday, October 1, 2010
You can refer to UP Apartment Act 2010 and its Rules at http://awas.up.nic.in/.
Links are;
http://awas.up.nic.in/Apartment%20Act-English.pdf
http://awas.up.nic.in/Apartment%20Act%20Rules%202010.pdf
A quick reading of these document show that there many provisions which protect the buyers. Act/ Rules deal with almost all aspects of housing projects including specifications, delivery, post-construction maintenance etc.
Is this Act/Rules applicable to projects in NOIDA? Are builders following them? Can buyers do something to seek protection available under this Act?
You may post your thoughts and suggestions
maddy.tierea@gmail.com
Links are;
http://awas.up.nic.in/Apartment%20Act-English.pdf
http://awas.up.nic.in/Apartment%20Act%20Rules%202010.pdf
A quick reading of these document show that there many provisions which protect the buyers. Act/ Rules deal with almost all aspects of housing projects including specifications, delivery, post-construction maintenance etc.
Is this Act/Rules applicable to projects in NOIDA? Are builders following them? Can buyers do something to seek protection available under this Act?
You may post your thoughts and suggestions
maddy.tierea@gmail.com
Some queries for the builder
1. How far will be the proposed metro station from Paras Tierea?
2. Can regular updates be provided to the owners / residents about the stage of construction?
3. Estimated month of completion?
4. How the area where sample flats are built will be utilized?
5. Is there any chances of having a relook at the structure in future? Have heard of many alterations happening post finaliztion of the plan. Hope such things may not happen with us in short notice?
6. The Noida Authority masterplan depicts sectors 85, 90 & 140A after Logix BC, as small-medium scale industry. What kind of industries are going to be established in these sectors. Are they going to effect Sector 137 in any way (regarding pollution, heavy goods transport vehicles on the roads etc.)?
Post your responses at Paraa Tierea - Future Residents Network
madhav.tierea@gmail.com
2. Can regular updates be provided to the owners / residents about the stage of construction?
3. Estimated month of completion?
4. How the area where sample flats are built will be utilized?
5. Is there any chances of having a relook at the structure in future? Have heard of many alterations happening post finaliztion of the plan. Hope such things may not happen with us in short notice?
6. The Noida Authority masterplan depicts sectors 85, 90 & 140A after Logix BC, as small-medium scale industry. What kind of industries are going to be established in these sectors. Are they going to effect Sector 137 in any way (regarding pollution, heavy goods transport vehicles on the roads etc.)?
Post your responses at Paraa Tierea - Future Residents Network
madhav.tierea@gmail.com
Promises stand tall !!
Salient Features of Paras Tierea
- 30 acres of development
- 75% Green Area with thematic landscape
- Hypermarket
- Health & Fitness Centre
- Sports Complex
- Club Facilities (club size 100000 sq. ft. )
- Wi-Fi enabled Complex
- Energy efficient building
- Web based Facilities Management
- 3-Tier security
- “Double Height Entrance Lobby” in each Tower
- Café Coffee
- Near to FNG corridor
- Opposite to operational SEZ – Advant Navis
- Major schools in close vicinity, such as Lotus Valley, JBM and Amity, etc.
Article dated May 10th on IndiaPRwire.com
Paras Buildtech, the leading real estate company in Delhi and NCR, today launched limited edition Duplex apartments "Sky Gardens" in its residential project 'Paras Tierea, located at NOIDA. The company has recently started the construction on this ambitious project which carries a realization value of Rs 1200 crore. Speaking on the occasion, Mr. Harmit Chawla, Vice President-Sales & Marketing, Paras Buidtech said, "After the super success of our low-rise apartments, we now present elite range of duplex apartments with very good specifications and fitted with best amenities. These exclusive apartments are meant to cater to the need for a spacious apartment for those who appreciate quality and value beyond everything else. Paras Tierea is structured beautifully with comfort, convenience and security. We are committed to expeditious execution of the project where construction has already started." The Duplex apartments are priced at Rs 2,750 per square feet.
There are a total of 200 duplex apartments in the offering in two sizes - 3-BHK (1725 square feet) and 4-BHK (2450 square feet). For the first time in NOIDA, the concept of sky gardens will be used wherein the passage in each of the two towers will a garden of mid-size trees placed. Majority of the apartments will face the 2.5 acre artificial water body, which will be developed as part of the schematic design of the project. Sprawling over 30 acres, Paras Tierea is located in sector-137 of NOIDA. The ergonomic design clubbed with modern amenities set apart Paras Tierea from other projects. Being located close to NOIDA Expressway, Paras Tierea has a location edge over other new projects in the vicinity. The proposed Metro Station and the FNG Expressway will give a commuting advantage to this project. Paras Tierea is also surrounded by markets, hospitals and schools which place it in the best locality in NOIDA. It also offers premium on-site features like metropolitan sports club, power backup, round-the-clock security, ample parking, a shopping complex, State-of-art safety systems, business center, gym, health club, spa, sauna, swimming pools, amphitheatre, an enriched library etc. The developer will soon open the sample flat of the project.
The developer has collaborated with HDFC bank as 'Banking partner' for the providing finance and 'Investor Clinic' as Strategic Marketing Partner.Notes to EditorParas Buildtech India Pvt. Ltd. is a progressive, future-focussed, Indian real estate company that is at the cutting edge of its industry. It is a pioneer in conceiving and executing large sophisticated real estate projects in both commercial and corporate segments. From concept to completion, Paras Buildtech India Pvt. Ltd. is into prime real estate development and property management, coordinating a full spectrum of services including site acquisition, design and development, construction, marketing and sales. More information is available on http://www.parasbuildtech.com/
My first day at Tierea
The drive through the expressway was not with the conviction to finalise any property on either side of the road. It was just a visit to that area due to Atul's ( my ex colleague) persuasion and I didn't want to take a call on a property in Delhi before scanning NCR thoroughly. Surprisingly, I could find a lot of greenery and open spaces on both sides of the expressway unlike many other localities in Delhi & Gurgaon. It was my second visit to that side in almost 6 years and I was amazed so see the infrastructural development in that part of NCR. Atul's description about the area and the progress there was pretty much correct !!
We first went to Blossom County developed by Logix group but unfortunately I could only see some earth movers struggling to get mud out for laying foundation for the towers spread across 25-30 acres. Sample flats were not ready as they would have felt that the potential buyers will be more impressed by the number of workers, earth movers, iron rods and cement bags at the worksite. I checked with Atul about the other projects in that locality. He took us to the office of Paras Tierea and it looked not different from the corporate office of any multinational company. They had very courteous staff welcoming us and Atul showed us the sample flats there. It was a delight to see the interiors and the way they have utilized space in those flats. Within few hours, I knew my search was coming to an end. I did connect up with few of my friends and colleagues who have already booked flats in Paras Tierea. The brief discussions with them firmed up my conviction further and finally decided to sign the application.
I'm sure many of you reading this post would have had similar experiences and many of you would have spent so much time researching the right address for the rest of your life. As Puneet Dutt ( GM- Paras Group) has confirmed me about 95% booking of the flats in atleast 15 towers, there will be significant number of people who would be searching internet atleast once in a month to know about the updates on the construction of their future homes.
This blog will provide you an opportunity to connect up with your gonnabe neighbours, initiate discussion with the builders, upload latest photographs and share updates with each other.
You can mail your thoughts & suggestions to maddy.tierea@gmail.com
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