M
Mohit Garg
Eldeco vs Rudra: Watch out for the hidden costs!
My kids' school admission is next year, need a bigger 3BHK ASAP. Eldeco Sylvan View is ready to move, but the OC and PLC charges are insane, almost 10% extra! Rudra Buildwell Jagdambe is cheaper upfront, but under construction matlab another 2-3 years of EMI plus rent. Carpet area wise, Eldeco seems better for the price. Anyone else faced this? Which is less risky for a family, considering resale later? My wife's priority is safety, so gated community is must. Hope this helps someone!
#hidden-costs#ready-possession#under-construction#carpet-area#noida
Comments
Noida mein property prices waise bhi high chal rahe hain. Eldeco Sylvan View ka 3.5 Cr – 4.8 Cr range is quite premium. Does Rudra have good reviews for timely delivery? Aur current market mein under-construction projects mein investment kitna safe hai?
OC charges are becoming a norm, but 10% on top of Eldeco's price range is just too much. I had a similar issue with another builder in Alistonia Estate. They kept adding 'development charges' right before possession. For Eldeco Sylvan View, being completed since 2014, what exactly are they charging for now? Is it just the OC or other things bundled?
They bundle everything, bro. I asked about a project recently, and they included power backup, IFMS, and even some 'legal charges' under a lump sum. For Eldeco Sylvan View, the age of the project makes it suspicious. Maybe some maintenance arrears are also passed on?
Exactly, what is this 10% for after so many years?
Bhai, Eldeco Sylvan View ka possession 2014 ka hai. OC charges toh samajh aata hai, but 10% extra? And that too after so many years? Check the RERA status properly. Sometimes these 'ready to move' projects have underlying issues. Rudra Buildwell is under construction, so delays are common. My friend booked in Ajayabpur and got possession 3 years late. So, EMI + rent ka double burden is very real. Eldeco ka price range bhi ₹3.5 Cr – ₹4.8 Cr hai, it's a big investment for a first home. Have you checked the actual carpet area vs super area?
Good point about the carpet area vs super area. Builders often play with that. Rudra ka toh track record dekhna padega, kahin Eldeco se bhi bad luck na ho jaye. Delays are a nightmare.
Sahi pakda! 2014 ka project, itna OC kaise?
Totally feel you on the hidden costs! Builders ki toh aadat hai yeh. I was looking at a property near Alpha II Greater Noida and they pulled a similar stunt with maintenance charges. Eldeco Sylvan View ka 10% extra is a huge amount for a first-time buyer like us. Resale value is a big concern for sure, especially with such a high initial cost.
I think the 10% extra is probably for the OC and some other hidden charges like club membership, car parking, etc. Builders never quote the final price upfront. My brother bought in Alpha I Greater Noida and faced similar issues. He ended up paying almost 8% more than the quoted price. For Eldeco, given its possession was in 2014, they might be charging for things that weren't included earlier or have gone up.
Exactly! Resale is my biggest fear too. If we pay so much now, will it even appreciate enough later? Especially with the market being so volatile in Noida right now.
Haan yaar, Alpha II mein bhi same scene hai. Budget bigad jaata hai pura!
My kids' school admission is next year, need a bigger 3BHK ASAP. Eldeco Sylvan View is ready to move, but the OC and PLC charges are insane, almost 10% extra! Rudra Buildwell Jagdambe is cheaper upfront, but under construction matlab another 2-3 years of EMI plus rent. Carpet area wise, Eldeco seems better for the price. Anyone else faced this? Which is less risky for a family, considering resale later? My wife's priority is safety, so gated community is must. Hope this helps someone!