Ghaziabad Development Authority (GDA) after launching Kaushambi Mini HIG Housing Scheme has launched Madhuban Bapudham Mutli-storey Residential Flats Scheme – 2013.
There are total of 528 flats – 2BHK and 3BHK+Study in this scheme. The table below shows the details.
Below is the list of banks where the GDA Madhuban Bapudham Mutli-storey Residential Flats Scheme – 2013 application form would be available. These banks would also finance the earnest money (registration money) for applying to the scheme.
The Bapudham is on Meerut Road very near to the famous Raj Nagar Extension. Below is the location.
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I have a 3 BHK with study 1870 sq ft flat at Madhuban Bapudham Ghaziabad for sale. If anyone is interested may call me on 9811537057. The property has very good prospects for those who wish to stay there and look forward to a clean place in Ghaziabad.
Can you please provide me information on gda scheme
That opened on 2 october for indirapuram
How can i cancel my alloted madhuban babudham flat......where should i go to cancl this ....can any budy let me know the procedure and ofc location... its urgent
Dear Sir,
I am living on rent then how i can apply? What documents should be required?
Please email me.
please send upcoming gda flet information. my e mail id
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please send the information for gda flet schem april 2013
I am not aware of any GDA Housing scheme for April 2013. Are you referring to Brahmaputra Enclave – Siddharth Vihar Yojna, Ghaziabad LIG Flats Scheme by UPHDB, which is open now for Ghaziabad LIG Flats.
I have got an allotment of GDA multistory flat at Madhuban Bapudham scheme 818. 3BHK Flat size 151 sqm (1627 sqft), total cost 48.3lacs including interest all inclusive like car parking, clubmembership, 2yrs maintenance etc.
Please suggest the future prospect of this area & rental income after 3yrs.
1. Is it worth investing in madhuban bapudham at this rate? How much return is expected after 1.5-3 yrs.
2. How much per month rent is expected after 3 years.
3. what is the future development plan of GDA in madhuban bapudham.
4. Should be go ahead with this GDA allotment or go for cancellation.
Congrats for the allotment!
At this point Madhuban Bapudham as a location is competing with Raj Nagar Extension. The rate of 48.3 Lakhs seems ok to me provided the construction is good.
If you try for similar flat in Raj Nagar Extension it might cost you Rs 40 - 45 lakhs depending on location and builder reputation.
Also if you consider the flat density, Bapudham obviously has an upper hand. But then it might be lacking in power backup etc.
As for any real estate is concerned, its almost impossible to predict the future rates. It would depend on the economy growth rate, job market and development around the area. As per GDA plans the area seems to come up well in future. But as you know GDA does not have a good history of implementing its plans efficiently.
So the decision of keep the allotment should be based on the above factors. You might also want to think what would you do with the money in case you cancel this allotment.
Would you invest in some other real estate, stocks or keep it in Fixed Deposit?
Disclaimer: I am not a real estate expert and you might not want to base your opinion entirely on my advise.
Agree with you the GDA 2013 scheme is on no use... GDA had launched similar schemes last year too and the response was not great
GDA seems to be going the private builder way!