Arun GGR Floor 24: My Take on its Investment Potential and End-User Appeal
Hey Propmyna community, I've been looking into Arun GGR Floor 24 in Gurgaon District and wanted to share my analysis, especially for those weighing investment potential and end-user experience. First off, it's COMPLETED, which is a big plus for immediate possession and seeing exactly what you're buying. No construction delays or RERA uncertainties in that regard. However, it also means the pre-launch appreciation phase is over. The price range of ₹2.90 Cr to ₹4.90 Cr, with an average of ₹14005 per square foot, puts it in the premium segment. For capital appreciation, much depends on the specific location within Gurgaon and future infrastructure. A key point for buyers is that RERA is Not Applicable here. This means due diligence on paperwork and builder reputation, Arun Gaur And CO, becomes even more crucial. While they are a consultant with 26 completed projects and associations with major developers like DLF and Emaar, this specific RERA status needs attention. From a lifestyle perspective, a completed project allows you to assess the actual neighborhood, amenities, and community vibe directly. This is great for practical livability. For end-users, knowing what you get upfront is invaluable. For investors, immediate rental income is possible. My take is that Arun GGR Floor 24 offers certainty due to its completed status, but buyers need to be extra vigilant regarding the RERA status and conduct thorough checks on the property's legal standing and any potential encumbrances. The investment potential will largely hinge on market demand in its precise locality and the quality of the build, which you can verify firsthand. Don't rush, do your homework.
Comments
Your analysis is spot on. Completed project ka faayda hai ki aap physical inspection kar sakte ho, quality dekh sakte ho. But RERA ka na hona ek bahut bada red flag hai, especially for a first-time buyer. Arun Gaur And CO ka 'total projects: 0' bhi bahut ajeeb lag raha hai, agar woh itne bade developers ke saath associate hue hain. Yeh toh double check karne wali baat hai, kaunsa role tha unka un projects mein.
Gurgaon mein exact location kya hai iska? Investment potential bohot depend karta hai ki woh Airport Road ke paas hai ya kisi developing area mein like Badshahpur. Details please!
Haan, location is key. Agar koi remote area hai toh itni high price point pe lena matlab risk lena. Kya yeh Basai ke side hai ya Sushant Lok ke kareeb?
Agar Badshahpur ya uske aas paas hai, toh thoda potential hai future mein. Lekin current market mein Gurugram mein rates already high hain. Capital appreciation ke liye long term sochna padega, especially with no RERA. Any info on the exact sector?
Been there, done that. Ek baar maine bhi ek 'completed' project mein invest karne ka socha tha kyunki RERA us time naya naya aaya tha aur kuch projects exempt the. Builder ne bahut promises kiye, but paperwork mein itni gadbad thi ki baad mein pata chala ki land title hi clear nahi tha. Poore paise phans gaye the. Agar RERA nahi hai, toh please har ek document ko 10 baar check karwana, especially the land registry and occupancy certificate. Yeh 'consultant' wali baat bhi thodi suspicious lag rahi hai agar unke apne projects zero hain.
Haan, U3 ki baat bilkul sahi hai. My uncle also had a similar issue in Baharampur Naya area. Builder ne bola complete hai, RERA ki zaroorat nahi. Later, society formation mein itne issues aaye ki ab tak clear nahi hua hai. Be very very careful.
Oh no, that's my biggest fear! Thanks for sharing your experience. So, for 'Rera Not Applicable' projects, what's the absolute minimum due diligence we must do? Any specific lawyer to recommend for this kind of check?
2.9 Cr se 4.9 Cr? Bhai, yeh toh mere budget se bohot upar hai. Aur upar se RERA bhi nahi hai. Bahut risky deal lag rahi hai.
Yaar, 'completed' sunke toh thodi tension kam hui. At least you know what you're getting. But this RERA Not Applicable part is making me super nervous. How can a project in Gurgaon be RERA Not Applicable? Doesn't that make it very risky for a first-time buyer like me?
Sahi baat hai U1. RERA hi toh protection hai. Agar not applicable hai toh kya matlab? Iska legal implication kya hota hai? Koi bata sakta hai please?
Exactly! Completed hona achhi baat hai, no delays. But RERA na hona matlab seedha builder ke bharose pe. Bohot darr lagta hai aise. Kya pata kal ko koi issue ho toh kahan jayenge?