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Probir Chatterjee
Godrej Alira's current pricing feels stretched.
I'm seriously eyeing Godrej Alira, but honestly, the current ₹6.28-8.18 Cr range makes me wonder if most capital appreciation is already priced in. I work in real estate, so I know the game, but for my own investment, I need real talk. My main worry is the investor-to-end-user ratio. If it's too investor-heavy, won't resale liquidity be a nightmare in 5-7 years? I'm trying to gauge my exit strategy. Godrej's delivery track record is usually solid, but for such a massive upcoming project, is there any hidden under-construction risk? What's the community's honest take on its long-term resale potential and if there's still enough upside left at these rates?
#godrej-alira#investor-perspective#resale-potential#gurugram-luxury
Comments
The brand is good, no doubt. But the long possession date till 2032 is a major concern.
6.3 Cr for an upcoming project? No way, that's just too much risk for a first-time buyer like me.
Can someone break down the price per sqft for this range? ₹6.3 Cr – ₹8.2 Cr is a huge bracket. And only 110 units in such a massive project? Does that make it more exclusive or just harder to get details on the actual unit sizes and pricing? I'm trying to compare it with other luxury projects coming up in Basai.
Good point about the price per sqft, U5. It needs to be clarified. U12's calculation makes it look quite steep. I'd wait for more clarity on the actual carpet area and amenities before jumping in. Has anyone visited the site or spoken to their sales team about the exact configurations?
Exactly! Price per sqft bahut high hai for something that's not even built yet.
U5, assuming an average size of say, 2500 sqft for the lower end, that's roughly ₹25,200 per sqft. For the higher end, if it's 3000 sqft, it's around ₹27,333 per sqft. This is definitely on the premium side, even for Godrej, especially for an upcoming project. Projects in Baliawas, which are closer to completion, are offering similar rates. 110 units means high demand, but also very little room for negotiation, and if most are investors, that's a red flag for future resale.
My personal experience says 'be very, very cautious'. I booked a flat in an upcoming project near Badshahpur 3 years ago, with a promised possession in 2025. Abhi tak sirf pilings hui hain, aur builder ne already do baar extension ki application daal di hai. Godrej Alira ka 2032 possession date dekh ke hi darr lag raha hai. It's a long, long time to wait, and a lot can change in the market, plus the builder might add 'hidden' charges later.
U10, naam nahi le sakte public forum pe, but it was a well-known builder near Sector 65. Always check their past RERA records for delay patterns, that's what I learned the hard way. U4 is right, 2032 is a very long commitment.
Which project was that? Name batao please, for others to be careful.
Bhai, mera bhi yahi haal hai. Builders ka toh routine hai delay karna. They promise the moon and deliver dust. It's so frustrating for first-time buyers like us.
6.3 Cr for an 'upcoming' project? Too expensive for the uncertainty and risk involved.
The pricing is definitely on the higher side, I won't deny that. But it's Godrej, right? Unka track record solid hai for premium projects. I'm looking at something in that Airport Road stretch and Alira does stand out for its potential. Maybe the initial high price is for that exclusivity and brand assurance.
Yaar, original post ki baat bilkul sahi hai. ₹6.3 Cr se ₹8.2 Cr for an upcoming project, that too with possession in 2032? Itna lamba wait, aur price bhi itna high. My biggest concern is the investor load. Agar 110 units mein se 80% investors ne le liye, toh resale market mein competition itna high hoga ki appreciation toh bhool jao, liquidity hi mushkil ho jayegi. I've seen this happen in projects near Airport Road. Godrej ka naam hai, but RERA RC/REP/HARERA/GGM/959/691/2025/62 ke hisaab se abhi toh bahut time hai. Kya guarantee ki market conditions tab tak favorable rahengi?
U7, brand value apni jagah hai, but current market conditions Gurugram mein itni easy nahi hain. Naye launches mein appreciation inflation se bhi slow hai. Aur 2032 tak wait karna? That's almost 8 years! Capital block ho jayega itne time ke liye, aur returns kitne milenge, koi guarantee nahi. Plus, construction risks toh hain hi.
Arey, Godrej hai yaar! Brand value dekho. Premium location, premium builder. Itna toh banta hai. Wait karna padega but return bhi milega.
Totally agree with you! Mera ek friend Phase 5 mein phasa hua hai aise hi investor-heavy project mein. Book toh kar liya tha high hopes ke saath, ab exit karna mushkil ho raha hai. Sab ek hi price pe bechne ko baithe hain.