THE CLARIFICATION ABOUT CALCULATIONS IN A BLOG BY THE SPECIAL NOIDA PROPERTY CORRESPONDENT

The Special Noida Property Correspondent has to clarify regarding the blog "ARE YOU A VICTIM OF INFLATED RENT OR PRICE FOR PROPERTIES IN NOIDA?" that the ORIGINAL purchase price shown as Rupees 15 lakh is for the Flat on the Fourth floor of the GAIL APARTMENTS housing society. 
The original purchase price in the same society for the First floor is Rupees 16 Lakh.
The purchase prices vary in the 4-storey GAIL APARTMENTS, with the prices decreasing upwards from the First floor.
The rent earned also decrease from the first floor Flat upwards with the lowest being for the Fourth floor Flat/Apartment.
The GAIL employees who purchased the first floor flats must have earned a rent of Rupees 20 lakh from 2005 to 2016. These purchasers need recover only 48.31 lakh-20.00 lakh= Rs 28.31 lakh to make their earnings from the First floor flat equal to the average earning (Rs 48.31 lakh approximately) on a fixed deposit of Rs 16 lakh in the national savings bank accounts at fluctuating savings rate prevalent from 2003 to 2016.
Add another 7 lakh roughly as interest on repaying the loan as EMIs, assuming that the original purchaser had purchased the Apartment by borrowing the money from some bank. Then, this becomes 28+7= 35 lakh, the amount which actually is the resale price of such a First floor Apartment if the logical genuine calculation is done based on the savings bank rates...!
Alright, add another 5 lakh if you wish to pay as premium for buying such property. It would become 35+5=40 lakh.
Thus, the CURRENT LOGICAL RESALE PRICE OF A First Floor Apartment in GAIL APARTMENTS MUST NOT BE MORE THAN 35-40 LAKH...! ANY AMOUNT BEYOND THAT IS UNREALISTICALLY UNTENABLE AND UNREASONABLY HIGH...!
Add to this the FACT THE PRESENT OVER-FLOODED OVER-SUPPLIED PROPERTY MARKET IS TOTALLY IN SHAMBLES WITH HARDLY ANY SENSIBLE WISE BUYER WILLING TO PAY MORE THAN RS 35-40 LAKH FOR 13-14 YEARS' OLD 1st Floor GAIL APARTMENTS WHEN THEY COULD BUY IN RESALE A 1650 SQUARE FEET BRAND NEW FLAT IN NOIDA EXTENSION (ORIGINALLY sold by builders AT Rs 1800-Rs 2500 per square feet FOR RUPEES 29.7 LAKH TO 41.25 LAKH...!) FOR RUPEES 45-50 LAKH (VARYING ACORDING TO FLOORS) BY PAYING 5-10 LAKH EXTRA...!
CONNECTIVITY ISN'T A BIG ISSUE. ANY HOUSING SOCIETY AREA TAKES NO MORE THAN 5 YEARS TO DEVELOP FULLY WITH ALL AMENITIES IN NOIDA...! SAME GOES FOR NOIDA EXTENSION AND OTHER HOUSING AREAS IN NOIDA...!