Since January I've been shortlisting Gurugram properties, and Amit Construction 3 keeps appearing. Honestly, I find its ₹2 Cr valuation difficult to justify for an investor. Is there actual resale demand for a project like this, or does it just sit on the market? I'm in Dubai, so ground reality is key. Disagree? Tell me why.
Amit Construction 3 by Amit Construction is strategically located in Sector 23, Gurugram. The project spans a large land parcel and offers 3 BHK from ₹2.0 Cr — all within easy reach of major expressways, schools, hospitals, and IT hubs.
With 3 BHK from ₹2.0 Cr starting at ₹2.0 Cr and an average of market-competitive, Amit Construction 3 offers strong value for a Ready to Move project in Sector 23, Gurugram. Home loan approvals are available through major banks.
Amit Construction 3 by Amit Construction has a clean title backed by RERA registration number RERA registered. Buyers are advised to conduct independent legal due diligence and review the allotment agreement before making the booking amount payment.
Under RERA, if Amit Construction 3 by Amit Construction is delayed beyond the committed date (RERA number: RERA registered), buyers are entitled to full refund with interest or monthly compensation until possession is handed over.
Yes, site visits to Amit Construction 3 by Amit Construction in Sector 23, Gurugram can be scheduled through Propmyna. The project has 4 units across 1 towers on a large land parcel offering 3 BHK from ₹2.0 Cr from ₹2.0 Cr.
Comments
Ultimately, for a first-time buyer, liquidity is paramount. You don't want your biggest asset to be a 'white elephant' that's hard to sell when you need to upgrade or relocate. While the project is completed and possession is given, the lack of scale makes it risky. If you're buying for self-use and plan to stay forever, maybe it's okay, but for investment or future flexibility, think twice. What did the original poster eventually decide?
The ₹2 Cr price tag for Amit Construction 3 is definitely high, especially for a project with such low unit density. Gurugram market right now is competitive, and while premium properties do well, a tiny project often struggles with visibility and resale value. I'd rather look at something in Baharampur Naya or even Badshahpur with more units and established infrastructure for that kind of money. At least there's a community.
I'm a first-time buyer too, and this thread is gold. I was almost swayed by a broker saying it's a 'prime location, limited availability' deal. But 4 units? That's really low. It makes me wonder about maintenance, amenities, and overall community feel. What about the builder's track record? Is this their first small project?
The original post has a valid point. I looked into Amit Construction 3 a few months back. It's a completed project, possession was set for May 1, 2024. But the main thing that put me off was the total units, which is just 4. For a 2 Cr property, with only 4 units, market mein iski demand kaise banegi? It feels like a very illiquid asset. Koi emergency mein bechna pade toh mushkil hogi.
This confirms my fears. I was eyeing a property near Airport Road (Gurgaon side) for a similar budget, and the agent kept pushing Amit Construction 3. He made it sound like a 'limited edition' opportunity. But now I understand 'limited edition' also means 'limited buyers'. Thanks for the heads up!
4 units only? Bhai, that's practically a bungalow converted into apartments! No wonder the resale is a myth. Who even buys into such a small setup for investment? It's like buying into a private co-operative society rather than a proper apartment complex.
Since January I've been shortlisting Gurugram properties, and Amit Construction 3 keeps appearing. Honestly, I find its ₹2 Cr valuation difficult to justify for an investor. Is there actual resale demand for a project like this, or does it just sit on the market? I'm in Dubai, so ground reality is key. Disagree? Tell me why.
Totally agree with you! ₹2 Cr for a first-time buyer like me feels like a massive gamble, especially if resale is a concern. I've been seeing it too, and the numbers just don't add up for a project that doesn't seem to have much buzz.