Adani Samsara Ivana in Mohali: My thoughts on its RERA status and buyer safety
Hey everyone, I've been looking into Adani Samsara Ivana, an upcoming project in Mohali, and wanted to share my initial analysis, especially regarding buyer protection. It's priced at ₹5.25 Cr, with an average of ₹30850 per sq. ft. across 7 acres, clearly targeting the premium segment. A key point for any upcoming project is its RERA status. Adani Samsara Ivana is registered with RERA ID RC/REP/HARERA/GGM/896/628/2024/123. While the project is in Mohali, the Haryana RERA registration is something to note and understand fully. Having a valid RERA registration is fundamental for buyer safety, ensuring transparency in project details and financial management. Adani Realty, a large infrastructure company, has a track record of completing 24 million sq. ft. and 61 million sq. ft. under development, which generally provides confidence in their ability to deliver and adhere to regulations. For us end-users, an upcoming project from a builder like Adani suggests a well-planned community with modern amenities. The high price point indicates a focus on a luxury lifestyle. Practical livability hinges on future development, but the RERA framework offers safeguards for project completion. My take: The RERA registration is a positive step for buyer protection. However, given the Mohali location and Haryana RERA ID, potential buyers should conduct thorough due diligence. Always verify the specifics of the registration and how it applies to the project's location. It’s crucial to understand all legal aspects before committing to an investment of this scale.
Comments
I think the main point is the due diligence. Adani ka naam aur RERA ID hona ek level ka assurance hai, but project location aur RERA jurisdiction ka mismatch is a red flag for me. 260 units hain, toh scale toh bada hai. Any idea about the actual land acquisition status or any pending approvals beyond RERA?
Bhai, premium segment bol rahe ho, but 5.25 Cr mein toh Gurugram mein bhi acchi options mil jaati hain, shayad Baliawas ya Baharampur Naya side mein. Mohali mein itna spend karna worth it hoga kya? Especially jab possession 2029 mein hai. Inflation aur construction costs ka bhi dar hai.
The RERA ID RC/REP/HARERA/GGM/896/628/2024/123 is clearly mentioned. Adani Realty ka track record bhi accha hai, 24 million sq. ft. delivered hai. Toh RERA registration hona toh positive sign hai, right? Builder repute se lagta hai ki delivery ho jayegi.
RERA hai toh thoda confidence aata hai. But ye Haryana RERA Mohali mein kaise chalega? Aur possession date kya hai? 2029-06-01 toh kaafi door hai, tab tak market conditions kya honge, kaun jaane.
Haan bhai, RERA registration toh must hai. Uske bina toh sochna bhi nahi chahiye. At least kuch toh protection milti hai.
Yaar, 5.25 Cr for an upcoming project in Mohali, that too with a Haryana RERA ID? Lagta hai kuch gadbad hai. Price toh bahut zyada hai for Mohali standards, luxury ho ya na ho. Mera budget toh 1 Cr se bhi kam hai, yeh toh out of league hai.
True, true. 30850 per sq. ft. is insane for Mohali, even for Adani. Gurgaon mein bhi itna nahi milta har jagah. First-time buyers ke liye toh yeh dream hi hai, reality nahi.
Bilkul sahi kaha. Mere friend ne Badshahpur mein ek project liya tha, developer ne bola Haryana RERA hai, but jab issues aaye toh jurisdiction ka chakkar pad gaya. Aise bade projects mein yeh RERA wala point bahut crucial hai. Aur price toh sunke hi hosh udd gaye.
Adani sunke toh thoda trust aata hai, but 5.25 Cr Mohali ke liye... Aur Haryana RERA ID, ye thoda confusing hai. Kya yeh safe hai? Itna bada investment, aur first time buyer hoon, darr lag raha hai.
Haan, Haryana RERA ka Mohali mein kya scene hai, yeh important hai. Gurugram ke Airport Road ke paas wale projects mein toh seedha Haryana RERA hota hai, but Mohali Punjab mein hai na? Clear hona chahiye ye jurisdiction ka mamla.
Same doubt bhai! Itna bada amount, thodi bhi ambiguity nahi chahiye. Haryana RERA aur Mohali, kaise fit hota hai?