R
Rizwan Siddiqui
Exotica NorthVille: Decoding its actual value
₹65 lakh for a 2BHK in Exotica NorthVille – is this price point justified for long-term appreciation? I'm looking at the project's resale liquidity; has anyone seen active secondary market movement here? From my experience, builder delivery track record is crucial. What's the general sentiment on Exotica's delivery timeline and past projects? I'm weighing the capital appreciation potential against current market dynamics. Is the price per sqft fairly valued compared to similar projects nearby?
#exotica-northville#greater-noida#capital-appreciation#resale-value#project-delivery
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I've been tracking Exotica for a while. NorthVille was supposed to be delivered by 2017 end, but many buyers faced significant delays. My friend, who bought a 3BHK there, finally got possession in mid-2019, almost two years late. The resale market isn't very active, most listings are from investors trying to offload. Capital appreciation has been minimal so far, especially considering the initial price. Noida market is generally slow for new projects right now, so resale is even tougher.
While delays are a concern with Exotica, it's also true that the overall market sentiment affects everything. If you're looking for quick appreciation, this might not be it. But for long-term stay, after possession, it could stabilize. I recently checked rates in Alistonia Estate, and they are also around 60-70L for 2BHK, so 65L isn't completely out of line if the quality is good. It's a tough call for first-time buyers.
Totally agree about the slow Noida market. Maintenance charges kaise hain Exotica NorthVille mein?
Sahi keh rahe ho, delays Exotica ki pehchaan ban gayi hai. So, your friend got possession in 2019, that's really late. Is the society fully functional now, like amenities and all?
Possession date to 2017-12-01 thi. Kya actual mein mila sabko time pe?
I actually visited Exotica NorthVille last month. The location is quite good, connectivity wise. 65L is a bit high, true, but similar projects in Alpha I Greater Noida are touching 75-80L for a comparable 2BHK. Maybe it depends on the exact size?
Bhai, 65 lakh for a 2BHK in Exotica NorthVille sounds steep, especially with their reputation. Heard a lot of stories about Exotica's delays. My cousin almost invested in their Alpha II project and pulled out last minute due to the uncertainty.
₹65 lakh for a 2BHK in Exotica NorthVille – is this price point justified for long-term appreciation? I'm looking at the project's resale liquidity; has anyone seen active secondary market movement here? From my experience, builder delivery track record is crucial. What's the general sentiment on Exotica's delivery timeline and past projects? I'm weighing the capital appreciation potential against current market dynamics. Is the price per sqft fairly valued compared to similar projects nearby?
Resale movement bahut slow hai, I've checked a few portals. Price per sqft higher side pe lag raha hai for that area.
Yaar, long-term appreciation ke liye toh I'm skeptical. Exotica ka track record is not great, especially for timely delivery. My uncle had a bad experience with their project near Ajayabpur, bahut run-around hua tha possession ke liye.