K
Karthik Iyengar
Are New Gurgaon launch prices getting out of hand?
Came across a breakdown questioning whether the hype around this latest launch in New Gurgaon actually matches the price tag. The base rate looks steep enough, but once you factor in the heavy PLC and extra charges, it feels like we're paying a massive premium just for launch buzz. I'm honestly not sure if the location and specs justify these numbers right now. Anyone here tracking this project? Do you think it's fair value or completely inflated?
Comments
Dekho, both sides have valid points. Market is undeniably overheated with speculative investor money, but finding ready-to-move quality homes under 2 Cr in Gurgaon is also nearly impossible today. What did you finally decide OP, did you back out or are you still negotiating with them?
I spent the entire last weekend touring sectors along the expressway and honestly my head is spinning. The infrastructure on ground still has open drains and water tanker dependency, yet builders are quoting rates like it is South Delhi. One dealer told me prices will cross 22k next year due to corporate shifts, but my father says this is pure bubble territory. If we commit 80k monthly EMI for next 20 years on an under-construction site, what happens if the project gets stuck? I am losing sleep over this decision.
That delay risk is very real in Gurugram right now because construction raw material costs shot up. Better to stick with Tier 1 developers even if carpet area is slightly smaller.
Same fear here yaar. Mere cousin ka flat near Baliawas belt has been delayed by 3 years already, builder keeps paying minor penalty while his EMI plus house rent is eating his salary.
Plc charges are a complete daylight robbery honestly. Green facing ka alag, club facing ka alag, corner unit ka extra. By the end, you are paying 20-25 lakhs just for open air view!
Yaar I am genuinely so confused right now. As a first-time buyer with a hard budget of 1.5 Cr, New Gurgaon was supposed to be our only realistic hope. Ab wahan bhi 2.5 Cr demand kar rahe hain for a decent 3BHK. Where are middle class salaried people even supposed to go now?
Banks do fund if society has clear OC and registered deed, mostly SBI and HDFC do thorough legal checks. Just don't touch unapproved extensions or village land patches.
Sahi keh rahe ho, resale is safer. But are banks easily funding older resale properties in Badshahpur without title issue headaches?
Agar 1.5 Cr budget hai, look towards resale options near Badshahpur or older sectors instead of chasing these ultra-hyped new launches. I made the mistake of waiting for new launches last year and prices just jumped 25% while my savings stayed flat. Resale mein at least you see what you get.
Bhai bilkul sahi bola aapne. I was calculating the total cost yesterday night and literally had a panic attack, base rate 14k bolke final quote with PLC and GST turns out around 18k per sqft! Is anyone seriously booking at this price?
Haan totally fake rush lagta hai. I checked the RERA portal for another project nearby and hardly 40% units were registered even after 6 months of launch. Yeh sab broker hype hai.
Log toh FOMO mein le rahe hain yaar. When I visited their sales gallery near Airport Road (Gurgaon side), the sales guy was claiming 70% inventory sold out on day one. But I honestly feel half of it is created scarcity to push nervous buyers like us to swipe credit cards.