3C Lotus Panache Noida Review

3C launched this project  almost 5 years back in one of the most livable location from day 1 on expressway. The first phase got delivered last year and the builder offered penalty for the delay of around 6 months. The quality and maintenance was acceptable. What followed afterwards was however just sheer disappointment in many ways. The quality degraded to some extent and cracks were evident in builder’s promises to its customers. Not many were satisfied with the maintenance standards as well.

We discuss below the pros and cons of the project:

Pros:

1) 3C has had a good construction and maintenance experience previously with commercial establishments. Hence, quality and maintenance is expected to be better. As it turned out, quality is average but better than many other competitors. The maintenance too has improved with time.

2) The place is livable from day 1 due to its proximity to residential complexes and sector 110 market nearby.

3) When compared to boulevard, the site plan is more sustainable. The first phase especially due to its low/middle rise nature appears better than the rest.

4) Resale rates are better than the projects in vicinity.

5) If the club comes up the way it is planned with no access to outside world, it would be one of its kind and an owners pride.

Cons:

1) With complaints of brick blocks falling on nailing of the walls, the debate of brick blocks versus red bricks has only heated up. The reported incidents are however remote.

2) Opening of Yatharth Hospital just next to the plot is a dampener especially for units facing the hospital.

3) The builder has faltered on living up to its expectations it imbibed in its buyers post first phase delivery. The builder has stopped giving penalty and the quality is said to have degraded as well. Complaints of poor quality water and some thefts inside campuses have also been reported.

Courtesy: A panache owner
Courtesy: A panache owner

4) The general perspective about the builder has taken a hit after phase 1. Ignoring buyers demand for penalty and super area increase were just some of the things that went against the builder. Buyers of boulevard had a very innovative way of showing their dissatisfaction outside their flats.

boulevard1
Courtesy: A boulevard owner

 

Our take:

Rental meter: 7/10

Investment – Short Term meter (Resale Potential): 5/10

Investment – Long Term meter (Resale Potential): 7/10

End use meter: 8/10

Last updated: April 6, 2017 at 13:29 pm

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3 thoughts on “3C Lotus Panache Noida Review

  • August 16, 2016 at 11:40 pm
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    If you are plan to buy any project of lotus then either switch to any other builder or drop plan to buy property other wise you are going to suffer alot .
    staff of the office is change continuously and every time you are going to meet new person and listen new story regarding delays …came to know always new problem
    if you want to cancel your project due to there mistakes then the service become more pathetic first of all they demands many deceleration on stamp paper after submit as per lotus standard it will take max 3 month to return you amount but even after completing that duration they are not going to return your money easily untill and unless you create a big scene in there office .
    i recommend don’t go with lotus i wasted my 3 year due to opting it .

    Reply
  • November 8, 2015 at 7:33 pm
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    3c NOIDA

    Very 3rd class builder

    Even not handing over the possession to customer on time

    going to NCDRC

    Want to join please contact
    9560181888
    9911220471

    Reply
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