K
Kamal Sood
Gurgaon projects: Long-term ROI vs flashy amenities
Dwarka Expressway projects — I'm seeing a lot of new inventory coming up there. As an investor, quality matters more for long-term ROI. OSB Expressway Towers mein I've heard mixed reviews on construction quality, especially after a year or so. Cracks, seepage issues, these things kill rental yield and future resale value, right? Also, these fancy clubhouses and pools, are they actually maintained and used, ya bas show-off ke liye hain? Does it really justify the premium, ya tenant ko bas basic connectivity chahiye? What's your experience with actual construction quality and amenity upkeep in Gurgaon projects, especially the newer ones?
#gurgaon-real-estate#construction-quality#amenities#investor-advice#resale-value
Comments
Even if the construction eventually finishes, the reputation of delays already hurts resale value, doesn't it? As a budget-conscious buyer, I'd rather go for something slightly older but with a clear track record. What about projects in areas like Baharampur Naya, are they facing similar issues with quality post-possession? Or should we just stick to established builders, even if it means a smaller flat?
Baharampur Naya has some decent options, but you need to check each builder individually. Don't assume. Some smaller builders there also have good quality. But OSB's reputation for delays is a big concern. I'd say, visit multiple sites, talk to current residents if possible.
Absolutely. Market conditions in Gurugram are tough right now, buyers are wary. A delayed project means a lower premium when you resell. Established builders usually have better quality control, but their prices are also much higher.
So basically, the 2021 possession date is a myth? Has anyone visited the site recently? What's the actual construction status looking like for OSB Expressway Towers?
I had enquired about OSB Expressway Towers last year. The possession date was supposed to be 2021-07-01. Has anyone actually got possession? I heard about significant delays and some buyers were really struggling. It's a huge project, 1089 units, so a lot of people's money is stuck. This is a big red flag for me as a first-time buyer.
Yes, I heard this too. The delay is huge. With 1089 units, it affects so many families. This directly impacts rental yield because you aren't even getting the property on time.
Possession date was a big issue. My agent told me some people even cancelled their bookings because of the uncertainty. This happened with another project in Badshahpur too, very common with new builders.
No, many haven't. My cousin booked a 1BHK there and is still waiting. Builder keeps giving new dates. It's a mess. The RERA number is there, but compliance is another thing.
But OSB Expressway Towers ka price range ₹15 L se ₹51 L tak hai, that's a pretty wide range. Kuch units toh budget-friendly lagte hain. Is it possible ki cheaper units mein quality compromise ho and premium ones better hon? And RERA number 301 OF 2017 hai, toh at least registered toh hai na?
Exactly what I've been thinking! Dwarka Expressway pe sab chamak-dhamak dikhate hain, but andar se kya hai, kaun jaane. OSB Expressway Towers ki baat sunke toh aur darr lag raha hai. Cracks aur seepage sunke hi rental income ka calculation bigad jaata hai. What's the point of a fancy clubhouse if it's always empty or badly maintained? My budget is tight, so every rupee counts, and I need something that actually holds value, not just looks good in brochures.
Totally agree. Tenant ko connectivity aur basic clean living chahiye. Pool aur gym toh bas initial sales pitch hota hai. Long-term me construction quality hi matter karti hai for resale.
Sahi baat hai bhai. My friend booked near Airport Road, same story. Amenities were great for the first year, now half the things don't work. Maintenance charges toh poore lete hain.