S
Sakshi Gupta
posted on 13 MayFaridabad investor: Site visit red flags are real
My current tenant is leaving next month, so I need to decide on Faridabad investment soon. Goyal Luxury Floors ka site visit kiya. Construction quality mein thode issues dikhe, walls par hairline cracks. Matlab, future mein maintenance costs badhenge aur tenant attract karna mushkil hoga. Investor perspective se, kya aisi cheezein resale value par zyada impact karti hain?
#faridabad-investment#goyal-luxury-floors#construction-quality#investor-roi#site-visit
Comments
OP, did you end up deciding on this or looking elsewhere? Bahut valuable insights mile yahan.
Bhai, I get the investor's dilemma. Sometimes small, upcoming projects by lesser-known builders can offer better customization or a unique proposition. But visible cracks right at the site visit, that's a huge red flag. ₹2.7 Cr is a lot to pay for future headaches and constant maintenance. Maybe look at ready-to-move options in nearby established areas instead of this upcoming one.
RERA Not Applicable? Aur sirf 4 units? Yeh toh bahut risky hai for an upcoming project. First-time buyers ko aise projects se door hi rehna chahiye, especially jab itna high price tag ho. Protection naam ki cheez hi nahi hai.
Exactly! RERA na hone ka matlab hai ki aapke paas complain karne ka koi official platform nahi hai agar kuch galat hota hai. Faridabad mein abhi buyers market hai, itni options hain, toh why take such a big risk on a property with visible defects and no RERA? Resale mein toh aur dikkat hogi, kaun lega fir?
Generally, RERA 8 units se zyada ya 500 sq m se bade projects ke liye hota hai. Toh technically, yeh builder avoid kar sakta hai RERA registration. But as a buyer, it's still a huge risk, no? Koi recourse hi nahi hoga if things go south.
Kya itne kam units wale projects RERA ke under aate bhi hain?
Faridabad mein exactly kahaan hai yeh Goyal Luxury Floors? Sector 35 ke paas hai kya? Location bhi matter karti hai for resale.
Yeh cracks wali baat toh bahut serious hai. Mera ek friend bhi Gurgaon mein ek project mein phasa tha jahaan builder ne finishing mein compromise kiya. Starting mein chhote cracks the, baad mein dampness issue ban gaya. Site visit karna kitna important hai, yeh baat OP ne sahi pakdi hai. Investment property hai toh tenant ko bhi quality chahiye, warna koi rukega nahi.
Haan, thoda paas hi hai but not exactly Sector 35. Udhar toh rates already bahut high hain, but yeh 2.7 Cr toh tab bhi bahut zyada lag raha hai for an upcoming project with these issues. Location wise theek hai, but price for this quality is a big NO.
Bhai, 2.7 Cr for an 'UPCOMING' project with no RERA? Aur upar se site visit mein hi cracks? Resale toh mushkil hi hoga, OP ne sahi pakda hai. First-time buyer hoon, sunke hi darr lag raha hai ki aise projects mein paisa lagana kitna risky hai.