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Mamta Rawat
Are M3M GIC's maintenance charges sustainable?
What's the real deal with maintenance costs for a 2BHK in M3M GIC? Kids moved out, so selling our big house. We just need a manageable 2BHK now, near a good hospital. I'm worried about hidden charges. Is the quoted maintenance realistic, or does it jump after a year? Don't want any surprises.
#m3m-gic#maintenance-charges#2bhk#gurgaon
Comments
The price range is huge, ₹2.0 Cr – ₹214.
Bhai, M3M ka track record mix hai. I had a friend who booked a flat with them in a different project near Badshahpur. They started with one maintenance figure, but once the society was formed, it shot up. Plus, for an upcoming project with possession in 2034, the initial quote is just a placeholder. The current market conditions for construction costs are fluctuating wildly, so imagine in 10 years! Be very, very cautious.
M3M GIC looks premium! What's the deal with the RERA number being GGM/991/723/2025/94? Shouldn't it be the current year?
Thanks U9, that clarifies a lot! I was confused too.
U3, the RERA number GGM/991/723/2025/94 means the RERA registration was done in 2025, and it's valid for 94 months from that date. So it’s the registration year, not the current year. It's perfectly normal for upcoming projects to have RERA dates from the future if the project was planned to be registered then.
Totally agree with you! Builders always show a rosy picture initially. My biggest fear is these hidden charges that pop up later. Is there any way to lock in maintenance rates? Or is it just a gamble every time?
Yaar, this M3M GIC looks good on paper, but the maintenance charges for a 2BHK are making me nervous. They quoted something like ₹8-10 per sqft, but is that realistic for an upcoming project? My uncle got burned by a builder near Airport Road who promised low maintenance and then doubled it after possession. With the possession date in 2034, there's so much time for things to change. Don't want to get stuck. Any real experiences with M3M's maintenance?
U7, current market for Gurugram is a bit tricky. High demand for ready-to-move, but upcoming projects like M3M GIC are facing scrutiny because of the long possession dates and rising interest rates. Builders are trying to clear inventory, but prices are still holding firm in prime locations like near Airport Road.
What about the current market conditions for property in Gurugram? Is it a good time to buy?
Haan bhai, same fear. My brother-in-law bought in another M3M project, and their maintenance keeps increasing every year. They say 'inflation' but it feels like a rip-off. Always good to factor in at least a 20-30% hike from the quoted amount.