M
Manisha Garg
Actual power backup and water supply are ROI killers, not just inconveniences
Just moved into Meenakshi High Life Towers in March and things nobody told me are surfacing. Power backup is common areas only, not full flat, which tenants hate. Water supply is heavily tanker-dependent too. Does this impact resale value and tenant attraction massively for investors? Wondering if I should've checked these hidden costs more deeply.
#power-backup#water-supply#investor#resale-value#tenant-attraction
Comments
Oh no! This is exactly what I'm afraid of. I've been eyeing Meenakshi High Life Towers too, the price range of ₹1.4 Cr – ₹3.7 Cr seemed decent for the location, but these hidden issues are scary. Builder brochures always paint a rosy picture. Power backup for common areas only? That's a huge red flag, especially with Bengaluru's power cuts. And tanker water is a nightmare for daily life. Even with the RERA number PRM/KA/RERA/1251/309/PR/200923/006268, how can such basic amenities be overlooked? Does RERA not cover these operational details?
Bhai, this is a common trick. My friend bought in Aavalahalli and faced the same. Builder said 'power backup available' but didn't specify 'for common areas only'. It's a huge difference. For tenants, especially IT professionals working from home, full backup is non-negotiable. This definitely kills rental potential and resale value. Always ask for a detailed specification sheet and get it in writing, specifically mentioning 'full flat power backup' and 'BWSSB water supply' not just 'water supply'.
Exactly! RERA mostly ensures project completion on time and transparency in carpet area, but these day-to-day living issues, especially for ongoing projects like this one with possession in 2027, are often missed. Builders promise the moon. I saw a similar situation in a project near Akshayanagar, full backup was promised but then it was only for common areas. It's a huge struggle.