M
Meenakshi Ramanathan
posted on 9 MayFed up of rent: Sector 99A investment query
Is Sector 99A investment potential real for next 3-5 years? Fed up of renting. Thinking 2BHK. Godrej projects hain idhar. Koi upcoming development hai jo ROI badhayega? Ya it's just hype?
#sector-99a#mohali#investment-potential#first-time-buyer#godrej
Comments
Ultimately, it boils down to your risk appetite. 99A has potential, no doubt, but it's a long-term play, maybe 7-10 years for significant appreciation, not 3-5. For first-time buyers, it's crucial to balance potential ROI with immediate liveability and financial stability. Don't rush into it just to escape rent. Due diligence is key.
Gurugram real estate market abhi thoda correction mode mein hai, especially for new launches. 99A mein ROI 3-5 saal mein tabhi milega jab koi major infrastructure project really kick off karega. Warna it's a long shot. Baliawas side bhi options hain jo thode saste hain.
U9, under 70L for 2BHK in Gurgaon is tough now, unless you go for affordable housing. Baharampur Naya side dekh sakte ho, thoda door hai but budget mein mil jayega. Or maybe check out some resale properties in older sectors around Dwarka Expressway.
Exactly! Lagta hai builders ne prices artificial inflate kar diye hain. Kya koi aur area hai jahan 2BHK is under 70L?
Yaar, main bhi 99A mein dekh raha tha but phir Badshahpur mein ek ready-to-move apartment le liya thode high price pe. Us time laga tha overpay kar raha hoon, but ab lagta hai sahi decision tha. 99A mein infrastructure development bahut slow hai. Roads, schools, daily necessities, abhi bhi bahut kaam baaki hai. Builder ke promises pe mat jaana.
U6, Godrej Habitat ya Godrej Meridien ki baat ho rahi hogi shayad. Habitat ka RERA ID check kiya tha, possession date thodi aage ki hai. Price per sqft abhi 8500-9000 chal raha hai, jo mujhe high lagta hai for the current stage of development. Compare it with areas near Basai.
Which Godrej project are you talking about specifically? Naam bata sakte ho?
Nah, 99A is the next big thing! Master plan dekha hai? Bahut kuch aane wala hai wahan.
Sector 99A? Bhai, sach kahun toh hype hi lagta hai mujhe bhi. Godrej ke projects hain but location abhi bhi thodi out hai. Connectivity ka kya scene hai 3-5 saal mein? Aur price points toh already kaafi high lag rahe hain for an underdeveloped area. Kahin trapped na ho jaayein hum first-time buyers.
Metro ka toh pata nahi, but Godrej ka track record bhi mixed hai kuch projects mein. Possession delays sunne ko mile hain. Plus, wahan aas-paas ki society mein sewerage ka issue bhi hai. Invest karne se pehle builder ka RERA status aur past projects ki reviews zaroor check kar lena, especially for first-time buyers like us.
Aapki baat sahi hai, U1. Connectivity issue toh hai. Mera ek dost wahan plot dekh raha tha, but Airport Road (Gurgaon side) ki taraf development speed zyada hai. 99A mein metro kab tak aayegi, kisi ko idea hai?