M
Mahesh Kumaraswamy
posted on 10 MayBengaluru snag lists are investor red flags
Visited Sterling Ascentia last month, and the finished units had some concerning visible issues. Minor cracks near windows, slightly misaligned fittings. As an investor, this rings alarm bells for future resale value and potential tenant complaints. From my experience, small snags quickly become major maintenance headaches, impacting net rental yield. Does anyone else scrutinize the snag list this closely for investment properties? How much does initial finish quality actually affect long-term ROI here?
#sterling-ascentia#snag-list#investor-roi#construction-quality#resale-value
Comments
I've heard mixed reviews about Sterling projects in general, not just Ascentia. One of my colleagues bought a flat from them years ago in another part of the city and had a terrible time with post-possession maintenance. They kept delaying fixes, saying it wasn't their responsibility. It's not just about the initial snag list, but also how responsive the builder is AFTER you pay up. That's the real test.
But isn't this common with most new constructions in Bengaluru these days? Or is Sterling Ascentia specifically known for this? Confused.
Yaar, I visited Sterling Ascentia too and saw those exact issues! My broker said 'minor touch-ups' but it made me so nervous. If a new flat has cracks, what about 5 years down the line? As a first-time buyer, it's a huge investment for me, not just a flip.
Bhai, this is exactly why my family has been holding off. We saw a project near Aavalahalli where the sample flat looked great, but the actual units were a mess. My dad always says, 'Jo dikhta hai, woh bikta hai, par jo tikta hai, woh chalta hai.' These small issues signal bigger problems with construction quality or supervision. For a 2.1 Cr flat, I expect perfection, not 'minor touch-ups'.
Totally agree with U1! Builders often brush these things off. My friend bought in Akshayanagar and faced similar issues post-possession, took ages to get fixed.