Altus Ecoglades: Is the May 2016 possession experience still holding up?
Hey Propmyna community, I've been looking into Altus Ecoglades in Chandigarh as a potential home, and I wanted to gather some real-world insights, especially given it's a completed project from Altus Space Builders. Launched in November 2013 and ready for possession by May 2016, it offered 150 units across 5 buildings, all 3 BHKs priced at ₹41.78 Lakh, or ₹2800 per sq.ft.. It's important to note the RERA status is N/A, which was common for projects of that era. My main questions revolve around the actual possession process. For those who bought back then, was the May 2016 deadline met? How smooth was the handover? More critically, what's been the delivery quality and experience with snag lists? Were initial issues addressed promptly and effectively by the builder? Years post-handover, what's the resident feedback like? Are people happy with the lifestyle and practical livability? Things like common area maintenance, security, and the overall community feel are key for end-users like us. I'm keen to hear from current residents or early buyers about their long-term experience. Verdict: For a project that's been occupied for several years, understanding the long-term maintenance and community management is crucial for any new buyer.
Comments
Looking at current property prices in New Chandigarh, ₹41.78 Lakh for a 3 BHK, even if it was 2013, seems like a steal now. But if the quality and maintenance are bad, then it's not worth it. What about the appreciation? Has the value gone up significantly?
I've heard Altus Space Builders sometimes compromises on material quality to cut costs. Is that true for Ecoglades too? What about the common area maintenance now, after so many years?
U9, you're not wrong about quality. A friend of mine who lives there mentioned that the paint started peeling within a couple of years. And the security guards keep changing, not very reliable.
Bhai, maintenance is a big headache everywhere. For Ecoglades, I know a resident who says the society management is okay, but they often struggle with funds for bigger repairs. Lift breakdowns are common.
May 2016 possession? I doubt it. Most projects from that time had huge delays. Did anyone actually get possession on time?
Yeah, delays were common then. But the question is, once they got possession, was the quality good? That's what matters for long-term living. Did they fix the snagging issues quickly?
Exactly what U6 said. My colleague was looking at Altus projects around that time, and almost all of them had some sort of delay. It wasn't just Ecoglades. Standard practice lagta tha unka.
My friend's cousin bought there. He got possession in late 2016, not May. So, no, the deadline wasn't met. Uske toh flat mein plumbing issues bhi the initially.
Wow, ₹41.78 Lakh for a 3 BHK in 2013 sounds like a good deal for Chandigarh, even if it's not in the main city. But that N/A RERA status makes me super nervous. Was it common for projects then? Meri toh phat jaati hai bina RERA ke.
U3, you're right to be nervous! N/A RERA means no formal grievance redressal. My uncle bought a flat near Mullanpur Garibdass around that time, builder delayed by 2 years and there was nothing he could do. So, buyer beware.
Haan bhai, 2016 se pehle RERA tha hi nahi properly implement. Toh bohot builders ne advantage liya. This project would fall under that pre-RERA era, so N/A is expected, not necessarily a red flag for *this specific reason* but still risky.
Hey Propmyna community, I've been looking into Altus Ecoglades in Chandigarh as a potential home, and I wanted to gather some real-world insights, especially given it's a completed project from Altus Space Builders. Launched in November 2013 and ready for possession by May 2016, it offered 150 units across 5 buildings, all 3 BHKs priced at ₹41.78 Lakh, or ₹2800 per sq.ft.. It's important to note the RERA status is N/A, which was common for projects of that era. My main questions revolve around the actual possession process. For those who bought back then, was the May 2016 deadline met? How smooth was the handover? More critically, what's been the delivery quality and experience with snag lists? Were initial issues addressed promptly and effectively by the builder? Years post-handover, what's the resident feedback like? Are people happy with the lifestyle and practical livability? Things like common area maintenance, security, and the overall community feel are key for end-users like us. I'm keen to hear from current residents or early buyers about their long-term experience.