Ansal Investors Desire 1: Is Ansal's Past a Shadow Over This Gurugram Opportunity?
Community, let's talk about Ansal Investors Desire 1 in Gurugram. This completed builder floor project in Sector 67 is listed at ₹2.8 Crore for a 4 BHK, averaging ₹10,370 per sqft. On paper, a completed asset in a well-connected area like Sector 67, without construction risk, might seem appealing. However, Ansal Properties has a long history, and for investors, that track record demands scrutiny. Past projects have often faced significant delivery delays and numerous customer complaints regarding quality and maintenance. This historical context directly impacts future capital appreciation and customer reputation, which are vital for resale value and rental yields. A key point of concern is the "RERA: N/A" status. While the project is stated as completed, it was also "launched in August 2024." For any project available post-RERA implementation, especially one listed so recently, the absence of a RERA number is a significant red flag. It begs questions about its actual completion date, approvals, and compliance. While Sector 67 offers good investment potential, Ansal's credibility issues could temper ROI. The ₹10,370/sqft price point is competitive, but financial metrics like appreciation can be hindered by a builder's reputation. My honest take: This requires extreme due diligence. Verify the true completion date, obtain all occupancy certificates, and thoroughly check legal standing. Don't just look at the location; look hard at the builder's past and what "RERA: N/A" truly implies here. This could be a value buy, but only if all those checks clear.
Comments
My advice would be to consult a lawyer specializing in real estate before even thinking about it. They can dig into the land titles, builder's history, and explain the RERA status properly. ₹2.8 Cr is a huge investment, don't rely just on forum opinions. Better safe than sorry.
This is exactly why I'm so nervous about buying property in Gurugram right now. The market is so unpredictable, and with builders like Ansal API, the risk feels even higher. My parents are pushing me to buy, but I feel like I'll lose all my savings if I make the wrong choice.
The post says 'launched in August 2024'. How can a project launched in August 2024 be 'completed' and 'RERA: N/A'? This makes absolutely no sense to me. Is this a typo or some trick by the builder?
But guys, 10,370 per sqft for a completed 4 BHK in Sector 67? That's quite competitive, no? I've seen prices much higher in nearby areas. Agar legal and RERA docs clear ho gaye toh it could be a steal. I'm so confused, my budget is tight and this looks tempting.
I agree with U7. You need to check the Occupancy Certificate (OC) date and cross-verify with local authorities. Sometimes builders show 'completed' but OC is pending or there are deviations from the approved plan. Ye ₹10,370/sqft might not be so competitive if you have to spend lakhs later resolving issues.
U5, don't just look at the price. The 'completed' status and RERA: N/A together are very fishy. What if they got the completion certificate years ago but the actual work finished just now? Or what if there are pending dues or legal issues? It's easy to get swayed by a good price when you're a first-timer, but this needs proper verification.
Haan, price point toh attractive hai. But competitive price often comes with a catch, especially with builders like Ansal. My colleague got a good deal with them years ago in Baharampur Naya, but then the maintenance and amenities were almost non-existent. Ek baar sasti cheez le lo, fir life time ka headache. Is it really worth it?
Yaar, ye Ansal ka naam sunte hi darr lagne lagta hai. Sector 67 location toh acchi hai, aur price bhi theek lag raha for a 4 BHK, but Ansal API ka track record bohot dodgy hai. Mere ek friend ka project bahut late hua tha Basai mein. Is 'completed' tag pe kitna trust kar sakte hain?
Bhai, sab theek hai, but ye 'RERA: N/A' ka kya matlab hai for a completed project? Should I be worried about this?
Exactly! You hit the nail on the head. My chacha ji booked a flat with Ansal near Airport Road (Gurgaon side) almost 8 years ago, aur abhi tak possession nahi mila hai. Unhone toh RERA mein bhi complaint ki thi but process is so slow. For a first-time buyer like me, this history is a huge red flag. ₹2.8 Cr is a lot of money to risk.