S
Siddharth Mistry
Bangalore investors: What's your take on these projects?
Visited a couple of projects for my cousin last weekend. Sri Nanjundeshwara Residency upcoming hai, aur Sattva Signet ongoing. My own place ka possession mila kuch months pehle, aur ab soch raha ki builder ka track record kitna important hai. Sattva ka naam suna hai, but Sri Nanjundeshwara ke baare mein zyada nahi pata. What's your take on their investment potential for 5 years, especially rental wise?
#sri-nanjundeshwara-residency#sattva-signet#investment-potential#builder-trust#bangalore-real-estate
Comments
Dekho, for a 5-year investment horizon, rental potential is definitely key, but location and builder reputation play a huge role. Sri Nanjundeshwara Residency being upcoming means you're banking on future development of that area. Sattva has established projects, toh unka track record dikhta hai. It's about weighing the risk vs reward. New builders might offer better deals initially, but the uncertainty is high. What did your cousin finally decide after your visit?
My personal experience with an upcoming project near Akshayanagar was not great. Builder was new, promised a lot, but possession date that was supposed to be 2025 end is now pushed to 2026 mid. Rental potential is a huge gamble with unknown builders, especially when you're a first-time buyer. Stick with established names like Sattva if you can, even if they are slightly more expensive, at least peace of mind rehta hai.
So true, bhai. Mere uncle ko bhi Adigara Kallahalli mein ek new builder ne fasa diya tha. Tab RERA bhi nahi tha, abhi tak court cases chal rahe hain. Bahut dikkat hoti hai.
For Sri Nanjundeshwara Residency, is that 1.2 Cr – 1.8 Cr range for 2BHK or 3BHK? Aur carpet area kitna mil raha hai? Developers often quote super built-up area and then actual usable space is much less. 2027 ka possession date agar delay ho gaya toh kya hoga? Mere cousin ko kya advice du?
Haha, carpet area? Builder toh bas 'super built-up' hi bataayega. Expect 30-40% less usable space, that's the Bangalore standard!
Usually, 1.2 Cr mein 2BHK hi milega, 1.8 Cr mein maybe 3BHK, but that's just an estimate without carpet area details. Smaller builders bahut opaque hote hain in sab baaton mein. Carpet area check karna bahut zaroori hai, warna baad mein room size dekh ke rona aata hai.
Sattva Signet is a much safer bet, yaar. Sattva ka naam suna hai, unki projects generally time pe complete hote hain. Sri Nanjundeshwara Residency ka naam toh pehli baar sun raha hoon. Investment ke liye, builder ka track record bahut important hai, especially agar rental potential dekh rahe ho. Koi bhi naya builder late kar deta hai toh rental income bhi gaya aur EMI ka burden bhi.
Even big names sometimes delay, but at least unka financial backup hota hai. But current market mein Bangalore ke kai areas mein rental yield waise bhi utna great nahi hai. Toh sirf rental potential pe bet karna risky hai.
Totally agree! Mera ek dost Aavalahalli mein ek chote builder ke project mein phasa tha. Possession 2 saal late ho gaya, aur uski rental income ki calculations sab gadbad ho gayi. Abhi tak struggle kar raha hai. Sri Nanjundeshwara Residency mein 16 units sunke hi darr lag raha hai ki kahin funding issue na ho jaaye.
Bhai, Sri Nanjundeshwara Residency toh kaafi risky lag raha hai. For an upcoming project from a builder I've barely heard of, 1.2 Cr – 1.8 Cr is a huge amount. Mera budget bhi around 1 Cr ka hi hai, toh itna stretch karna padega. Plus, 2027 ka possession date matlab bahut wait karna padega. Builder ka track record kaise pata chale? Iska RERA details toh honge na?
Small projects mein amenities ka issue ho sakta hai. Aur 2027-12-01 possession date is like ages away. Kya guarantee hai ki time pe milega? Budget-conscious buyers ke liye toh ye double risk hai.
Haan, RERA details toh hai. It's PRM/KA/RERA/1251/310/PR/220125/007410. But only 16 units, that's a very small project.