A
Ananya Mukherjee
posted on 5 MayFloor-rise premiums are just profit padding in Greater Noida
Is paying for floor-rise premium and PLC just a builder's trick to inflate prices? I recently looked at Kutumbh Buildwell Llp in Sector 38 for a 2BHK around ₹78L, but after adding PLC for a park-facing unit and a higher floor, it jumps by almost ₹5-7 lakhs. That's a huge bump for something that doesn't feel like it adds proportional value for an investor. For end-users, maybe, but for ROI? I'm not seeing it. You can find good 2BHKs for ₹70-80L in nearby Noida Extension without this premium. Are secondary market deals actually better value because you bypass these extra charges and get a more transparent all-in cost? Change my mind.
#floor-rise-premium#plc#greater-noida#investor#kutumbh-buildwell-llp
Comments
Totally relate to this! I was looking at a project near Alpha I Greater Noida, and the sales guy was pushing hard for a higher floor, park-facing unit. The base price was decent for a 3BHK at ₹90L, but with all the PLCs and floor rise, it shot up to ₹1.05 Cr. For a first-time buyer like me, that jump felt insane. I walked away because it just didn't make sense for the supposed 'value' addition. It felt like they just wanted to squeeze more out of me.