Ashley Estate Floors 4: Does construction quality impact investor ROI?
Moved into Ashley Estate Floors 4 two months ago. Noticing early construction issues. Does this poor quality really hurt future resale value for investors? And do amenities justify higher maintenance costs long-term?
Comments
Hmm, I think it's a mix. While quality is crucial, sometimes premium amenities do attract a certain segment of buyers, even with higher maintenance. But that's usually for projects with impeccable build quality. If the foundation itself is shaky, no amount of fancy clubhouse can save the resale. It's a tough call for first-time buyers like us who are juggling dreams and finances.
Only 4 units in Ashley Estate Floors 4? That's surprisingly low for a project with such a high price tag. Maybe that's why they cut corners? Less visibility, less public scrutiny? Is the possession date of December 2023 correct then if it's already completed?
I can totally relate. My uncle bought a flat in another builder's project in Basai a few years back. Initially, it looked great, but within a year, plumbing issues, paint peeling, and lift breakdowns started. When he tried to sell it, buyers were immediately put off by the visible wear and tear, even after repairs. He had to drop his expected price significantly. So yes, poor construction quality definitely impacts resale value and investor ROI. It's not just about the initial price, but also the hidden costs and depreciation.
Bhai, 3.5 Cr ki property hai, aur agar abhi se issues aa rahe hain, toh future ka kya? Mera toh budget hi itna stretched hai, upar se maintenance bhi high. Amenities dikhane ke liye hote hain, par agar basic structure hi weak ho toh kya faida? Is builder ka track record kaisa hai overall?
Precisely! Gurugram mein abhi market thodi stable hai, but with so many new projects coming up, resale value is heavily dependent on quality and location. Near Airport Road, even good quality projects struggle sometimes if maintenance is too high. This builder has had mixed reviews; some projects are fine, others not so much. It's a gamble.
Track record toh theek-thaak hi hai, but Ashley Estate Floors 4 mein sirf 4 units hain. Bahut small project hai, shayad isliye quality control weak ho gaya. 3.5 Cr is a huge amount for such a risk, especially for us first-timers.
Yaar, ye sunke toh aur darr lag raha hai. Hum bhi first-time buyer hain aur Ashley Estate mein interest tha. Construction issues ka sunke lagta hai builder ne sirf paisa kamaya hai, quality pe dhyaan nahi diya. Resale value toh pakka hit hogi, no doubt.
Sahi baat hai! Can you elaborate on what kind of early issues you're facing? Like, seepage, cracks, or finish quality? It helps us understand the gravity. And did you check their RERA record before booking?
Absolutely! My cousin booked a flat near Badshahpur and faced similar issues. Builders promise the moon, deliver a pebble. Quality is paramount for long-term value.