Gurgaon's ready property premium: Is the appreciation worth it?
Under-construction risk is completely overblown in my opinion, if the builder is solid. I'm currently in a 2BHK and planning to upgrade to a 3BHK. My budget is around ₹2 Cr, maybe a little more if the value is there. I'm looking at Anant Raj The Estate Floors (ready, around ₹2.78 Cr) vs JMS Prime Land (ongoing, ₹1.71-2.17 Cr). Anant Raj ka premium seems high, but it's ready-to-move. JMS is cheaper but under-construction. Is that premium for Anant Raj justified for the peace of mind and maybe better carpet area efficiency? Or will JMS give better 5-year appreciation despite the wait? Already have a home loan, so EMI ka load dekhna padega. What does the community think? Which one would you pick for long-term investment, considering the price difference?
Comments
Let's talk numbers. Anant Raj is ₹2.8 Cr for 150 units, which means it's a niche, possibly higher-end product
But what about appreciation? Ready projects sometimes don't appreciate as much because the 'discovery' phase is over. JMS Prime Land, being ongoing, might give better returns in 5 years if the builder delivers on time. Plus, ₹1.71-2.17 Cr is a sweet spot for a 3BHK in Gurgaon. JMS ka track record kaisa hai, any idea?
Haan, sahi keh rahe ho. My cousin faced similar issues with a project in Baharampur Naya. Builder kept extending dates, quality suffered. Eventually got possession but it was a nightmare. Ready-to-move ka apna hi sukoon hai, especially if you need to shift soon.
JMS ka track record mixed hai. Some projects delivered fine, kuch mein delays hue hain. Always check their RERA status thoroughly, especially for Prime Land. I heard some stories about amenities getting scaled down in other projects once construction started. Be very careful with under-construction, especially with such a big price difference you're seeing. Which phase of JMS are you looking at? Sometimes different phases have different delivery timelines.
Yaar, Anant Raj ka 2.8 Cr toh bahut zyada lag raha hai for a 3BHK, even if it's ready. My budget is also around ₹2 Cr. Is that 'peace of mind' really worth almost ₹1 Cr more? EMI ka pressure alag se, especially with current interest rates. JMS Prime Land seems like a better deal on paper for appreciation. But I'm nervous about under-construction.
Dekho bhai, price ka difference toh hai, but trust me, under-construction ka headache bohot hota hai. My friend booked in a project near Airport Road three years ago, supposed to get possession last year, abhi tak structure bhi poora nahi hua. Rent bhi de raha hai aur EMI bhi. Anant Raj is completed, 150 units, so less chance of builder abandoning it or cutting corners. That peace of mind of getting immediate possession and not worrying about delays? priceless. Especially when you're upgrading and already have a loan, you don't want more stress.
Totally agree with U2! ₹1 Cr extra is a huge amount. Lender bhi dekhega itna jump, aur EMI ka load toh soch ke hi darr lag raha hai.