Jeevesh Sabharwal | IRIDIA Sector-86 Noida BY JEEVESH SABHARWAL | HORIZON CONCEPT

S e c t o r - 8 6, N o i d a

Welcome to Iridia, a six acre free-hold development, nestled in lap of nature, inspired by a 325 acre lush green forest within its immediate vicinity.

Located in Sector-86 Noida, it is close to a 300 acre world class golf course with wide driveways and a 32 acre commercial complex.

Offering 2, 3 & 4 BHK Apartment, Club House and other luxuries of modern day living.

IRIDIA - THE PERFECT WORLD FOR YOUR FAMILY

A VISUAL ART ARCHITECTURE THAT SPEAKS FOR ITSELF

“EXQUISITE ARCHITECTURE THAT IS AN EXPRESSION OF LUXURY"

LOCATION AT ITS BEST S e c t o r - 8 6, N o i d a FNG

DPS SECTOR-18

NOIDA GOLF COURSE

PETROL PUMP

SEC-81 PROPOSED METRO STATION NEPZ

ATTA MARKET

DADRI ROAD

NEPZ

FLYOVER

AMITY SCHOOL

EXPRESS HIGHWAY

AMITY LOTUS OTHER UNIV VALLEY JAYPEE MEDICAL BUILDERS CENTER

UP BORDER YAMUNA KALANDI KUNJ

SARITA VIHAR

FLYOVER TO INDIA GATE

ASHRAM CHOWK

SECTOR 93 ELDECO UTOPIA ATS

EXOTICA FRESCO

MOTHERS PRIDE SCHOOL

ELDECO STUDIO

CITY FOREST

SEC-137 PROPOSED METRO STATION

BIOTECHEXPO CITY MART

SEC-143 PROPOSED METRO STATION

JP GOLF COURSE

GREATER NOIDA

UP BORDER

SARAI KALE KHAN ISBT

GREEN FOREST APPROX. 325 ACRES

OMAXE FOREST

SECTOR 44

HCL

APOLLO HOSPITAL

INDIA TV

KASNA ROAD

AKSHARDHAM TEMPLE

GROUP HOUSING SOCIETY

BOTANICAL GARDEN

MAYUR VIHAR

MOTHER-SON

G+4 GROUP HOUSING

AMUSEMENT PARK

FILM CITY

LUXOR

EON

SEC-83 PROPOSED METRO STATION

FLYOVER

CENTRE STAGE RADISSON MALL HOTEL

WHITE TIGER

SK ROAD

GREAT INDIA PLACE

SECTOR 15A

NOIDA CITY CENTRE

PETROL PUMP

SECTOR 18 MARKET

Project Highlights: The company has envisaged a project with the interna onal standards.

The project will be a Housing colony with the following outstanding features: · Near NOIDA Expressway. · Near Taj Express highway · 9 Km from Sector 18 and opera onal Metro Sta on of City Centre. · 15 Kms from South Delhi · Near Golf course · Lush Green Surroundings · Pollu on free environment · Wide Roads · Excellent Parks · Excellent infrastructure facili es including sanita on and electrifica on and Metro in vicinity. · 24 Hours water supply and Power. Curricular facili es for Senior ci zens, youth and Children.

Project Strengths: · Proven track record of promoters with good financial strength. · Niche for development of residen al complexes, real estate industry · Huge demand for quality residen al Complexes in and around NOIDA. · Low gesta on / Moratorium period of 18 months · Good project profitability having Project DSCR at the benchmark level of 1.75 · Strategic loca on of the project. · The group is capable of successfully execu ng /comple ng the projects out of their own sources and have good customer base of their own. · Project is profitable venture even consuming FAR lower than the permissible limits.

“YOUR CANVAS OF DREAMS”

WALL FINISH – INTERNAL Living/Dining: Acrylic emulsion paint/OBD with designer highlight wall Bedroom: Acrylic emulsion paint/OBD Lift/Lobby: Stone/Acrylic emulsion finish Staircase: Oil bound distemper

FLOORING Living/Dining: Vitrified tiles Bedroom: Laminated wooden flooring Toilet: Anti-skid ceramic tiles Bath: Italian/Spanish tiles with border

DOORS AND WINDOWS Internal Doors: Flush Doors with melamine wooden polish/designer paint finish External Windows: UPVC (Unplasticised Polyvinyl Chloride)

“YOUR CANVAS OF DREAMS”

MODULAR KITCHEN Floors: Anti-skid tiles Fittings: Stainless steel sink Granite/Marble Counter Chrome plate fittings Imported wooden panels with SS accessories Walls: Acrylic emulsion paint/OBD

TOILETS AND BATHS Floors: Anti-skid Ceramic tiles Italian/Spanish tiles in bath Fittings: High-end designer fittings by MARC or equivalent Granite Counter Sterling white sanitary ware

“YOUR CANVAS OF DREAMS”

CEILING High quality POP finish with OBD

WOOD WORK Wooden wardrobes with excellent paint/laminate finish

LIFT, LOBBY AND STAIRCASE Steel railings

DETAILS OF PARTICULARS FOR CONSTRUCTION ON HOLD OF IRIDIA PROJECT This being a Free hold land we approached for a guiding path to DM Noida who suggested after due veri ication that the Architectural Plans for construction on this land shall be within the preview of Zilla Panchayat. DM, ADM & SDM reports also clari ies that Land comes under Village Abadi.

Old Abadi already existed on above Land which was shown in Survey reports under UPZALR Act of Section-143 of Land Zamindari.

Accordingly land converted into Abadi. Subsequently Commissioner, Meerut also con irmed the same after disposing-o objections of Noida.

Society obtained permission to build Flats through a Developer / collaborator was permitted by the Commissioner Housing/ Registrar of Societies.

Zila Panchayat Sanctioned G+14 Storey Housing strictly as per the Building Bye-Laws of Noida Authority and Fees of Rs.77 Lacs approx was paid. Society had taken Clearances; structural safety certi icate, NOC's from Various Departments i.e. Environment, Airport authority etc.

Noida Authority entered into the footsteps of Zila Panchayat in 2015.

Earlier Zila Panchayat was empowered by Govt. Order of UP bearing no.

1045/23-2-210-96-98 dated 10.09.1998 under UP Kshetra Panchayat act 1961 under sub clause 2 of clause 239. Zila Panchayat was eclipsed from Gautambudh Nagar in 2015 only by the Govt. of UP. Hence the law of estoppels applies to the authority to honour the commitments of its predecessors.

Noida Authority by its Order /Notice dated 23.09.2014 issued notice to demolish Structure of buildings which were already constructed up to 14 Floors.

The Ld. Court of Civil judge (Senior Division), Gautambudh Nagar directed Noida Authority not to interfere in the ongoing construction being done vide its order dated 21.02.2014. The applicant iled a Sawal /Jabab before the Ld. Civil judge, where it is clearly mentioned that the Noida authority will not interfere in the peaceful possession, construction and uses of the buildings.

Chief Justice Bench of Honble' Allahabad High Court's Stay Order dated 15.10.2014 against Notice of Noida Authority for Demolition.

Hon'ble Justice Tarun Aggarwal's Order permitting us construction vide Order dated 03.7.2015.

The Honble' Justice Dilip Gupta vide its Order dated 15.02.2016 directed to decide the petitioners claim for compounding & regularization of the construction under Direction 12.10 of the B&R Directions 2006 NOIDA. The Honble' Chief Justice Bench Allahabad High Court once again vide its Order dated 11.08.2016 directed Noida Authority to withdraw its Rejection Order and comply the Order dated 15.02.2016 already passed by Honble' Allahabad High Court.

The plea that minor part of the said land is falling in Industrial Zone, Green Belt is unjusti ied, as in 2001 & 2011 Master Plan the land has been shown as residential / Abadi land, in 2021 it was shown as Abadi / extended Abadi. Suddenly in Master plan 2031 it has been stated to be as Industrial which is impossible because already constructed houses have been reported during the survey in 2007.

As per NCR Planning Board Noida Cannot include Abadi land in Master plan as per their letter dated 17.10.2017 issued under RTI act.

So it is not under the powers of Noida authorities to Demolish Buildings constructed on Abadi land and convert it into Green Belt / Industrial.

·

Important to note the Noida Authority has given an affidavit before the Apex court in SLP no. 30969/2011 of Savitri Devi Vs Govt. of UP & Ors. that they do not acquire any land which falls Under Abadi. The Hon'ble Apex Court has recorded the statement of Noida Authority in Para no. 41 of its order dated 14.05.2015 as under:“There is specific averment made by the NOIDA Authority at so many places that village abadi land was not acquired. It is men oned that abadi area is what was found in the survey conducted prior to Sec on 4 No fica on and not what is alleged or that which is far away from the dense village abadi”.

“It has been the consistent stand of the NOIDA Authority that prior to the issuance of Sec on 4 No fica on under the Land Acquisi on Act, 1894, survey was conducted and the abadi found in that survey was not acquired. In fact, affidavits in this respect have also been filed not only in this Court but also in the High Court”.

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Per nent to men on that if they cannot acquire this land as per the SLP and they cannot implement the plan on Abadi land as per NCR planning Board, we really fail to understand what purpose would it serve to demolish tall standing buildings and was ng of all na onal resources & wealth (Photographs enclosed).

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Since Building Bye-Laws for Abadi also have been passed by Noida and are in existence since 2016 permi ng six floors and the buildings were already constructed up to G+14 floors strictly as per the sanc on map before the Abadi bye-laws. And therefore Sanc on map for these buildings shall be regularized as a special case under Abadi bye-laws as these buildings have been constructed on the Abadi land and are as per the Noida Building Bye-Laws and no change is required in master plan / Zonal Development Plan of the sector.

·

A Project for 7 towers G+14 was approved by the Sanc oning Authority out of which 280 flats belongs to the members (local farmers) of the society who themselves could not have built the house unless the rest flats were sold to other persons as per the collabora on agreement with Developer executed a er obtaining approvals of Commissioner Housing/ Registrar of Socie es. The Society has already sold the Flats for which the Flat Buyers have raised loans from SBI, Na onalized Banks & other Financial Ins tu ons.

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A loan of Rs.21.6 Crores was also raised for development of the Society's works for speedy construc on. All Banks did their legal due diligence & were sa sfied for disbursing loans. Now lots of 3rd Party interests are exis ng including Banks & Home seekers.

¡

Apart from this it is important to men on that the project is also UP-RERA registered under which the society / the Developer have to insure commi ed deliveries to the home seekers as per RERA act.

We the society of poor members who a empted a be er living are being harassed. The purpose of Noida Authority & Co opera ve Socie es in general as per Govt. of India Laws is to provide Shelter/ aordable Houses which is a commitment of Hon'ble Prime Minister and Hon'ble Chief Minister of the state.

Since this case is having unique and peculiar/speciďŹ c background and the Hon'ble High Court has also suggested the compromising method for regulariza on of the buildings of the society would not form precedent for future cases. In view of the above, we request your good self to kindly regularize the buildings of the society under Abadai Niymavali of Noida & oblige.

PROJECT: IRIDIA

Estimated cost of construction for project IRIDIA Required Total Fund

100 Cr

Amount Receivable against unsold unit

Amount Received against sold unit

166 Cr

90 Cr

S e c t o r - 8 6, N o i d a

PRESENT STATUS: All the permissions / approvals for development of the Commercial Housing project such as architectural plans have been approved by the Zila Panchayat. The project is ready for construction.

At present there is a loan against the project to the tune of Rs.24.60 Crore including up to date interest and the land consideration advance has been paid from own sources of the present promoters.

The company has constructed 5 towers of 14 Floor each having 120 flats inventory at each block including site development work.

ACTUAL CONSTRUCTION PICTURES

ACTUAL CONSTRUCTION PICTURES

A NEW BEGINNING OF A TOMORROW THAT WILL OUTSHINE ALL THAT YOU HAVE EVER SEEN AND INTRODUCE A NEW STANDARD OF LIVING THE REST OF THE WORLD WOULD WANT TO EMULATE. A STANDARD OF LIVING THAT YOU WILL EXPERIENCE FIRST. WITH PRIDE. WITH LOVE. WITH IRIDIA.

THANK YOU