A
Arvind Nair
posted on 10 MayGurgaon's hidden ROI killers.
Floor rise and PLC often feel like an unnecessary premium in Gurgaon, especially Sector 67. I'm eyeing a 3BHK near Golf Course Extension by Making Good Happen; some units have hefty floor premiums. Dwarka Expressway is almost done, so prices are already high. Is paying extra for a higher floor or park view worth it for ROI? My budget's ₹2.5 Cr. Honestly, stamp duty always hits hard. I'm in real estate, but for my own investment, every cost matters. What's a realistic percentage for stamp duty and registration in Gurgaon? Any legitimate ways to minimise this fixed hit? Trying to calculate returns. Your insights on these 'extras' would be helpful.
#gurgaon-real-estate#investor-advice#stamp-duty#plc#floor-rise
Comments
Totally agree, stamp duty is a killer! Meri bhi same budget hai aur ye extra costs dekh ke darr lagta hai. Gurgaon mein toh property prices already out of reach hain. What's the realistic percentage for stamp duty and registration? Aur jo aapne bola circle rate se kam, is that even possible without legal issues? Kisi ne try kiya hai?
Haan, ye fixed costs bahut chubhte hain. Agar under-construction le rahe ho, make sure builder ki reputation achhi ho. Ready-to-move mein thoda negotiation ka scope mil jata hai sometimes, but stamp duty toh deni hi padegi. No legal way to dodge it.
8-9%? That's insane! ₹2.5 Cr ka 8% toh ₹20 lakh ho gaya. Mera toh budget hi hil jayega.
Gurgaon mein stamp duty for men is 7% and for women is 5% of the property value or circle rate, whichever is higher. Registration charges additional 1% up to ₹50,000. So, realistically, budget 8-9% of your property cost for stamp duty and registration. Lower registration is a big no-no, avoid it.
Bhai, floor rise aur PLC toh pura scam lagta hai mujhe. Making Good Happen ka track record bhi utna solid nahi suna maine, especially after their last project near Badshahpur. ₹2.5 Cr mein toh ek decent independent floor mil sakta hai GCR Extension mein, why pay extra for a higher floor jiska ROI guarantee nahi? Dwarka Expressway ka hype toh hai, but prices already touched sky. Stamp duty ki baat karein toh, it's a fixed cost, but I heard kuch log circle rate se thoda kam register karwate hain for resale. Legal hai kya ye? Confused.
Making Good Happen ka ek project Baliawas mein bhi delayed tha. My friend is still waiting for possession. Be careful with their delivery timelines. Floor rise aur PLC ke liye extra pay karke delay mil gaya toh ROI toh gaya tel lene.
But yaar, park view ya higher floor ka apna charm hota hai! Resale mein buyers ko pasand aata hai. Not just about ROI, sometimes it's about living experience.
Sahi kaha, bhai. PLC is mostly a marketing gimmick unless you're getting something truly exclusive. For stamp duty, I heard some developers offer a 'lower value' registration to save on stamp duty, but it's risky and not fully legal. Best to declare the actual value to avoid future headaches. For ₹2.5 Cr, maybe look at ready-to-move options to avoid construction delays.