As per Location
The T-Homes residential project is located in Siddharth Vihar, Ghaziabad. It’s a 5-acre residential development. This project is the last location of Siddharth Vihar.
Prominent schools & higher education institutes are in close proximity, such as Delhi Public School & Santosh Medical College, etc. The T-Homes is properly connected with NH-24 Highway, Indirapuram, Noida Extension & Noida.
Possession | Construction Update
Construction Status | Ready To Move |
RERA Registration No | T-Homes Phase-1- UPRERAPRJ17268 |
Start/Launch Date | 04-08-2018 |
Possession Date claimed by Builder | August-2022 |
Possession Date (RERA) | March-2024 |
Construction Stage | Ongoing |
Promoter Name | T And T Infrazone Private Limited |
Construction Company | Self |
Architect Name | Space Design International |
Land Area | 5 Acre |
Total No Of Apartments | 500 + |
Live Updates | |
COVID-19 Lockdown Status | COVID-19, an event of ‘Force Majeure’. Completion/Possession extended for 6 months for all projects expiring on or after 25.03.2020 by the Government |
Fact Check
The T-Homes has approx 500+ flats on just a 5-Acre land which is very dense congested. In fact, in a small residential society, more flats disturb residents living. Leaving in congestion attracts several mental illnesses.
If we talk about the park-facing flats of this project, there is no mean of the park-facing units beyond the 10Th floors in a small 5-acre residential society.
The Siddharth Vihar is adjoined with a C-grade notorious locality of Vijay Nagar. And the Vijay Nagar is a high-dense slum population without any amenities. Even the Siddharth Vihar is also a slum area, there are several urban poor EWS flats societies such as Kashi-Ram Avas Yojna, Samajvadi Avas Yojna, etc.
At Present the T-Homes is adjoined with a dumping ground and very populated, smelled river Hondon.
The T-Homes markets their flats as India`s first digital housing, which is not true. Actually maximum of digital functions he shows of in their apartments was being introduced by several Indirapuram & Vaishali builders in their residential group housings 10-12 years back such as Assotech Windsor Park, Designarch eHomes, etc.
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T-Homes Price & Developers Delivery Track Record Comparison With Other surrounding Residential Projects
PROJECT NAME | PRICE (PSF) | POSSESSION RECORD/ REMARKS |
T-Homes | ₹4,550 | Under construction, Possession claimed December-2022 |
Prateek Grand City | ₹4,500-5,000 | Ready to Move |
Gaur Siddhartham | ₹2,800-32,00 | Under construction, possession February-2022 |
SG Sikhar Heights | ₹3,100-3,400 | Under construction, Possession March-2024 |
Apex The Kremlin | ₹4,200-4,500 | Under construction, December-2020 |
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10-Acre Factor
According to a survey conducted by CPR, the residential projects which are less than 10-Acre areas are not as successful, as above 10-Acre residential projects.
A less than or up to 5-acre or less than the 10-acre residential project has not have enough space for all the facilities which are required for high-end urban living attractions. let’s check the facts by a table:-
PROJECT NAME | PROJECT AREA | RE-SALE PRICE/ REMARKS |
T-Homes | 5-Acre | Under Construction |
ATS Advantage | 23-Acre | Ready, occupied, High appreciation |
Shipra Shristi | 17-Acre | Ready, occupied, High appreciation |
Shipra Vista | 17-Acre | Ready, occupied, High appreciation |
Krishna Apra Gardens | 17-Acre | Ready, occupied, High appreciation |
Windsor Park | 17-Acre | Ready, occupied, High appreciation |
Prateek Wisteria | 15-Acre | Ready to Move, good appreciation |
Mahagun Moderne | 25-Acre | Ready to Move, good appreciation |
Mahagun Mezzaria | 10-Acre | Ready to Move, good appreciation |
Amrapali Greens | Below 2 Acre | Ready to Move, No special appreciation |
Amrapali Village | Below 5-Acre | Ready to Move, No special appreciation |
GC Centrum | Below 2-Acre | Ready to Move, No special appreciation |
Divyansh Pratham | Below 2-Acre | Ready to Move, No special appreciation |
Lotus Pond | Below 5-Acre | Ready to Move, No special appreciation |
The above table shows that investment in the bigger residential project is very fruitful in comparison to small residential projects.
Advice
It is better to invest, above 10-acre residential projects.
It is probably not the right choice of investment for those who are looking for ROI in the next year or so. There may not be a real appreciation of value for resale in the next couple of years. Because of a huge unsold residential flats inventory available in several ready-to-move and under-construction projects of Siddharth Vihar and surrounding areas. The construction and possession of this project depend on the sale of apartments/flats so the project may be a delay.
Builders Profile | Track Record
PREDECESSOR | T And T Infrazone Private Limited |
FOUNDED | 2014 |
FOUNDERS | Ankush Tyagi |
KEY PEOPLE | Ankush Tyagi, Shivam Tyagi |
COMPANY | PROMOTERS | T&T Group |
PRODUCTS | Residential Apartments |
AREA SERVED | Ghaziabad |
PROJECTS COMPLETED | None |
PROJECTS ONGOING | T-Homes |
DELIVERY TRACK RECORD | First Project |
NET WORTH | |
STRENGTH | |
COMMITMENT | Quality construction & maintenance |
RISK | Updating soon |
DEBT | Updating soon |
LITIGATION | Updating soon |
OFFICE ADDRESS | H-138, Sector 63, Noida- 201301, India, Phone: +91-(0120) 4111204 |
BUILDER CATEGORY | SILVER |
Price Appreciation Track Table T-Homes
YEAR | PRICE (PSF) | APPRECIATION/REMARKS |
August-2018 | ₹4,000 | Launching Price |
January-2020 | ₹4,200-₹4,300 | |
January-2021 | ₹4,200-₹4,500 | |
December-2021 | ₹5,700-₹6,200 | Resale Price |
April-2022 | ₹5,800-₹6,200 | Resale Price |
Conclusion
If you are buying for self-use, then no comments. But if buying it for pure investment then there may be a chance for delayed appreciation.
NOTE: BEFORE INVESTING DO YOUR OWN RESEARCH. WE ARE NOT DEALING IN THE SALE PURCHASE OF PROPERTIES.
Vinesh
the editor of this article is very negative about the surrounding of Siddhartha Vihar or maybe he has not researched well enough before writing.
Some great points about the location.
1. Well connected to both NH 24 and NH 58.
2.Well connected to metro (Both Shaheed sthal and Noida electronic city)
3. 40 acre part to be developed by Avas Vikas. (most likely a Golf Course)
4. 63-acre land owned by Subhash Gulati Group (two five stars hotel/luxury high rise apartments/shopping mall/super specialty hospital to be made)
5. Next GIP mall to be made (not confirmed)
6. Easy connectivity to Delhi.
SK
Wrong and old info provided related to Siddharth vihar and T-homes. It will be best society of this well planned area in near future 2 to 5 years.
Ritu Chadha
i want to know about the status of Eutopia ( Tand t group), i am invested in this project, but i can’t see any progress since my last visit..i am wondering …will the group be able to deliver project by end of 2023 ( sales team commitment) .
what is the best way to find out the actual status?
admin
Hello Ritu,
Thank you for your valuable comment. Well, they are committed in writing for 2023?
According to RERA the expected possession date of T & Eutopia is August 2026. You can check it on the RERA website. It is better take it in writing for 2023, if not taking. And reneged on his promise in the event of delay in possession. So it is beeter clear everything now.
Chetan
Hello Ritu, What is the current situation? As I am looking to buy a flat in Digitown. Have they delivered all things as they commited?
Rahul
Dear Team,
i am planning to invest in T&T project (TRIN Tower). As they have committed the possession on Dec -23.
But after reading this i am having some doubts.
will they complete this project by EOD Dec. ?
As last year only T&T has taken the owner ship of this project.
how fruitful is to invest in T&T ?