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Indira Biswas
posted on 10 MayDelhi infra projects: Real impact on property?
Did a site visit to Godrej's new project near Dwarka on Saturday. They're talking about Metro Phase IV impact, UER-II connectivity. My budget is around ₹2Cr for a 3BHK. Honestly not sure if this is the right time to buy in Delhi. Is market-timing important here? Kya lagta hai?
#market-timing#first-time-buyer#dwarka#metro-phase-iv#investment
Comments
Market timing ka question bahut valid hai, U1. With interest rates still high, is it wise to take a big loan now? Ya thoda wait karna chahiye? What's the general sentiment on property appreciation in Delhi for the next 1-2 years, especially for areas getting new infra like UER-II?
UER-II ka impact toh dikhega, bhai.
Good point about interest rates. The current sentiment is a bit mixed. While infra projects like UER-II definitely add value, the overall Delhi market has seen a steady, not explosive, growth. For 1-2 years, maybe 5-7% capital appreciation, provided the project is good and delivered on time.
Dekho, connectivity is one thing, but builder ka track record bhi dekhna. Godrej ka naam hai, but delays har jagah ho rahe hain. Mere friend ne ek project mein invest kiya tha Alaknanda ke paas, 5 saal ho gaye, abhi tak possession nahi mila.
Haan, you hit the nail on the head regarding RERA. Many projects initially launched without proper RERA registration, and then got stuck. Godrej usually has a decent record, but even they've had their share of delays in other cities. For Dwarka, I'd say check the specific project's RERA completion date and past project delivery timelines carefully. Don't just go by fancy brochures.
Sahi baat hai, builders promises bahut karte hain. Dwarka Extension waale projects ka kya scene hai? Any idea about the RERA status for these new Godrej phases?
Bhai, if you're looking near Dwarka, the infra push is definitely real. Metro aur UER-II ka impact toh hoga hi. Long term mein price badhenge hi.
Guys, just came back from a site visit for Godrej's new project near Dwarka on Saturday. They're hyping up Metro Phase IV extension and UER-II connectivity like crazy. My budget is tight, around ₹2Cr for a 3BHK. Seeing all this development makes me wonder, is this really the right time to jump into the Delhi market? Or will prices cool down? Kya lagta hai, market timing matters a lot here, right?