First investment property: worried about hidden costs
Loan finally approved for my first investment property, but ab samajh nahi aa raha construction quality ka kya scene hai. Projects like DLF Pink Town House sunte hain, but phir log bolte hain within a year cracks aate hain, seepage issues ho jaate hain. As an investor, I'm worried about future maintenance costs and tenant complaints. Kya yeh small snags later affect karte hain resale value? Yaar, log bolte hain initial quality se hi pata chalta hai. What to look for during possession checks? Koi actual experiences batao please.
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Bhai, invest karna hai toh research bahut zaroori hai. DLF Pink Town House ki location achi hai, no doubt, but 2010 ka project hai. Builder ka track record, society meetings ke minutes, sab
Builders will be builders. Only care about selling, not after-sales. Hum jaise first-time buyers ki toh lag jaati hai.
DLF Pink Town House mein koi rehta hai kya yahaan? I mean, since it's a completed project from 2010, what are the current maintenance or society issues like? Is the ₹1.7 Cr – ₹2.1 Cr price range justified today?
Yaar, price toh Gurugram mein har jagah high hai, especially agar location acchi ho. Baliawas side bhi ab rates badh gaye hain. It's more about the value you get for that price in terms of quality and future prospects.
1.7 Cr – 2.1 Cr for a 2010 project? Seems high if there are issues. But location is king, I guess.
Dekho, DLF Pink Town House ka possession 2010 ka hai. RERA toh tab tha nahi, so quality checks us level ke nahi the. Us time ki construction standard alag the. Resale value par impact aata hai agar major structural issues hain, but location bahut acchi hai, near Airport Road, which still commands good appreciation in Gurugram. Maintenance can be a pain, but the small society (100 units) means better management sometimes. Price is high, but that's typical for prime locations in Gurgaon.
Hidden costs ka darr bilkul theek hai. Mera bhi first property experience bahut kharab raha tha, builder ne last minute par 'development charges' ke naam par ₹2 lakh extra maang liye the. Agreement mein chote print mein tha jo maine miss kar diya. Possession ke time bahut dikkat hoti hai. Be wary of all clauses.
Jo U9 ne pucha tha ki kya karein, toh mera suggestion hai ki possession ke time ek independent structural engineer ko saath leke jao. Woh choti se choti crack, plumbing issue, electrical wiring sab check kar dega. Uska report bahut kaam aayega. Aur agreement mein sab clear karwa lo, koi hidden charge na ho. Maine yeh galti ki thi, tum mat karna.
Bhai, DLF Pink Town House toh 2010 ka project hai, tab RERA bhi nahi tha. Us time ki construction quality aur abki mein zameen-aasman ka fark hai. Cracks aur seepage ki problem common thi, especially after a few monsoons. As an investor, you'll be stuck with constant maintenance and tenant complaints. Resale value pe toh impact aata hi hai agar structural issues hain. Bahut dhyan se check karna padega.
Toh phir kya karein? Naye projects mein bhi toh delays aur price hikes hote hain. Kya har project mein itni problems aati hain?
Exactly! Mere ek relative ne Basai side ek property li thi 2012 mein, ab tak unko bathroom seepage aur lift issues mein lakhon kharch ho gaye. Builders tab bas finish pe dhyaan dete the, structural integrity pe nahi.
Sahi keh rahe ho. Old projects mein yeh risk hamesha rehta hai.