S
Soham Deshmukh
posted on 13 MayGoyal Luxury Floors: Investor ratio a silent threat
₹2.65 Cr for Goyal Luxury Floors, it's a big amount for an upcoming project. Rahul Mangla ka past delivery track record kaisa hai? As an investor, I'm worried about ghost society risk. Agar end-users kam honge, rental yield aur future resale pe impact hoga na? What's the real investor vs. end-user ratio looking like from your sources?
#faridabad-investment#goyal-luxury-floors#investor-ratio#ghost-society-risk#project-delivery-track-record
Comments
I'm looking in Faridabad too, and the prices are generally high, but ₹2.7 Cr for an upcoming project with 4 units seems steep. Faridabad mein luxury floors ke liye yeh price justified hai kya abhi, considering the current market conditions? Or are we seeing a bubble in this segment?
This is a classic trap, especially for first-time buyers. 4 units total? That's barely a building, more like a glorified bungalow divided into floors. My uncle got burned in a similar 'luxury' project in Faridabad, though not by this builder. High investor ratio meant no one cared about maintenance, security was lax, and resale value took a hit. Plus, no RERA is a huge concern; what legal recourse do you have if things go south?
While the concerns about RERA and low unit count are valid, sometimes these boutique luxury floors do cater to a very niche segment looking for exclusivity. If the location is absolutely prime, say near a metro station or a major commercial hub in Sector 35, and the build quality is truly superior, then the price might hold for a select few. But for a first-time buyer, the risks of delays and poor community engagement are definitely higher. It's a gamble, not a safe bet.
Builders are just making us fools with these 'luxury' tags and vague promises! Ugh!
Your uncle's story is my biggest fear! Ek friend ka bhi same haal hua tha, society mein koi rehta hi nahi tha. Weekends pe bhi sunsaan rehta tha. It completely defeats the purpose of buying a home in a community. The idea of a 'ghost society' is not just a fear, it's a reality in these low-density, investor-heavy projects.
Price toh bahut high lag raha hai, but if it's genuinely 'luxury' then maybe? Kya lagta hai, yeh luxury tag justified hai for just 4 units? Kisi ne visit kiya hai kya site ya builder ke past projects?
Exactly! The 'luxury' tag at this price point for an upcoming project needs serious scrutiny. Rahul Mangla ka past delivery track record kaisa hai? Has anyone here dealt with him before? Ghost society ka darr toh mujhe bhi lag raha hai, especially with such few units.
Oh, that's not good to hear. Given this kind of history and the high price, do you think there's any room for negotiation on the price? ₹2.7 Cr is my absolute max, and if there are delays, that's added burden.
Rahul Mangla ka track record mixed hai. Mere ek colleague ne unke 'Goyal Residency' project mein invest kiya tha Sector 35 mein. Possession date 2022 thi, but they finally got it in late 2023, with some quality issues. They had to push a lot for finishing touches. So, be cautious about the 2026-04-01 possession. Delays are common with them.
Yaar, ₹2.65 Cr for just 4 units, that too by a builder jiska RERA number bhi 'Not Applicable' dikha raha hai? This investor ratio concern is super valid. Agar end-users nahi honge, toh society mein life kaise hogi? I'm a first-time buyer and this sounds like a recipe for a ghost building. Bahut risky lag raha hai.
Bhai, luxury projects are often like this only. Limited units for an exclusive crowd. Investors sometimes target these for long-term appreciation, not always for immediate rental yield. But haan, RERA missing is a red flag.
Totally agree. Mere ek dost ne similar small project mein invest kiya tha, aur ab tak common areas ka maintenance theek se nahi hua because there aren't enough residents to form a strong RWA. End-user presence makes a huge difference.