Budget finalised, loan pre-approved — now stuck on CBS Luxury Builder Floors
I've been eyeing CBS Luxury Builder Floors for a bit. From my experience, completed projects can still offer decent capital appreciation if you pick right. The price range (₹2.21 Cr–₹3.58 Cr) seems okay for Gurgaon builder floors, but I'm trying to figure out the real ROI here. What's the actual rental yield people are seeing? I've heard numbers but want to know what owners are getting after maintenance and all. Also, how liquid is the resale market for these specific floors? I track the secondary market, and sometimes builder floors can sit for a while. Is there enough demand for a quick exit if needed in 5-7 years? I'm calculating my CAGR and need to factor in holding costs vs. actual appreciation. Hope someone has some data points or personal experience.
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I know someone who bought a builder floor in Baharampur Naya a couple of years ago. He thought he'd get good rentals, but it's been vacant for 3 months now. The tenant pool for these premium builder floors is smaller. Plus, maintenance costs eat into everything. U1, definitely factor in at least 1-2 months of vacancy per year when calculating your rental yield. It's a real cost. And for CAGR, don't forget property tax, insurance, and potential repair costs over 5-7 years. They add up.
My broker was pushing CBS Luxury Builder Floors really hard. He said capital appreciation is guaranteed because Gurgaon is always booming. But I'm seeing so many new projects come up, especially along Airport Road (Gurgaon side). How can a completed project, which usually has less appreciation potential than an under-construction one, compete with those? I'm worried about getting stuck.
Yeah, 'guaranteed appreciation' is a myth. Especially with the current market where interest rates are a bit higher, buyers are more cautious. You need to look at actual transaction data, not just what brokers are saying. For a quick exit in 5-7 years, you need a unique selling point, not just 'it's in Gurgaon'. What's special about CBS Luxury?
Bhai, Airport Road pe toh kaafi high-end stuff aa raha hai. Comparing a completed builder floor to those new launches is tough. New projects often have attractive payment plans and modern amenities that can pull buyers away. The 'guaranteed appreciation' line from brokers is a classic. Always take it with a pinch of salt. What's the actual track record of the builder for their other projects?
I visited CBS Luxury Builder Floors last month. The location is decent, not too far from the main Gurugram city area. The units are 160 in total, which is quite a lot for builder floors, so competition for resale might be higher. I liked the layout, but the maintenance charges seemed a bit high for what's offered. Did anyone get a clear breakdown of those charges? What's included?
I was also looking at CBS Luxury Builder Floors, mostly because of the completed status. It feels safer than waiting for construction. But the 'RERA Not Applicable' part makes me a bit nervous. Does that mean there's no recourse if there are structural issues later? And given the price range, are the amenities up to scratch? For 3.5 Cr, I'd expect top-notch finishing.
RERA not applicable usually means it's an older project or it's a plot that was developed by an individual builder, not a big developer registered under RERA for that specific project. It's not necessarily a red flag, but it means you need to do extra due diligence on the builder's reputation and quality. Definitely check the construction quality and fittings thoroughly, U2. For 3.5 Cr, you should get premium stuff.
Hey everyone, I'm the original poster. Thanks for letting me join this community. I've been really stressing about this decision. CBS Luxury Builder Floors seem like a decent option, especially since they're already completed (possession was Sep 2023, right?). That takes away some of the RERA hassle, even though I saw it's not applicable. My main concern is the resale liquidity. Has anyone here actually sold a builder floor in Gurgaon recently? How long did it take and what kind of premium did you get?
Exactly my thoughts on resale! I'm in a similar boat, pre-approved loan and all. The completed status is a relief, for sure. But builder floors, especially in that price bracket (2.2 Cr-3.6 Cr), can be a niche market. I've heard rental yields in Gurgaon for these types of properties are around 2-3% max after maintenance. Is that what you guys are seeing? That's not great for ROI if appreciation isn't strong.
Yaar, liquidity is a big one. I'm also looking at builder floors near Badshahpur and the agents keep telling me they sell like hotcakes, but then I see listings lingering for months. For a 2.2 Cr to 3.6 Cr property, you don't want it sitting idle if you need to exit. U1, have you checked the actual sale prices of similar completed projects nearby, not just the asking prices?