S
Swati Jain
Harivishva Skyfinia: Builder's actual delivery timeline?
Okay, I'll be honest — it's really hard to assess projects like Harivishva Skyfinia Phase 1 when you're not on the ground. I'm based in Dubai and can't do site inspections myself. Harivishva ka project delivery track record kaisa hai? Especially for an upcoming one like Skyfinia. Builder ke past projects time pe deliver hue hai kya? Worried about under-construction risks aur delays. Matlab, will they actually stick to the RERA timeline? What kind of ROI can one realistically expect if there are delays? Any experiences with their previous projects?
#harivishva-skyfinia#project-delivery#nri-investor#under-construction#pune-real-estate
Comments
For a first-time buyer based out of India, this project seems super risky, especially with the high price range of ₹92 L – ₹1.5 Cr for an 'upcoming' project with a 2030 possession date. That's a lot of money to block for 6+ years. I'd suggest looking at RERA completed projects or those nearing completion, even if they are slightly more expensive, at least you have peace of mind. The ROI calculation on delayed projects is often inflated by builders to hide the real cost of waiting.
You'll have to rely heavily on local contacts. Get someone reliable to do site visits for you, talk to people who've bought in their previous projects. Also, check out online reviews and forums like this one, but take everything with a grain of salt. A good local property agent can also provide insights, but again, be cautious.
So, what's the best way to verify a builder's actual reputation and delivery capability if you can't be there physically? Just relying on RERA isn't enough, it seems. Any tips?
But Skyfinia is upcoming, right? Maybe they've learned from past mistakes and will be more diligent this time. Every project is a fresh start.
Regarding ROI if there are delays, it's a tricky one. If the project location is prime and the property value appreciates significantly over the delayed period, you might still see decent returns. But if the market is stagnant, like it is in some parts of Pune right now, delays just eat into your potential profits and cause financial strain due to EMIs without possession. It's a gamble.
Harivishva ka track record mixed bag hai, honestly. Kuch projects time pe diye hain, but majority mein delays hue hain. Especially for a project like Skyfinia Phase 1, which is still upcoming and has a possession date of 2030, you're looking at a very long wait. The initial post mentions their RERA number as PR1260002500441. While RERA provides some protection, it doesn't magically make builders deliver on time. Expect at least 1-2 years of delay, that's the industry standard now.
My cousin faced similar issues with a project near Sinhagad Road. RERA mein complain kiya, but still took them another year to get possession. Bahut headache hai yaar.
RERA ek safety net hai, but it's not a bulletproof vest. It makes the builder accountable and provides a platform for grievances. You can claim compensation for delays under RERA, but the process can be slow and tedious. It definitely helps more than not having it, but don't expect miracles. It's more about transparency and recourse than guaranteed on-time delivery.
RERA number toh hai, but does it really guarantee anything? Like, if they delay, can we actually recover anything substantial or is it just a formality? I've heard stories where even with RERA, people struggle for years.
Yaar, exactly my thoughts! I'm also a first-time buyer and this whole 'upcoming project' thing is giving me major anxiety. Harivishva Skyfinia ka naam toh suna hai, but builder ke track record pe koi solid info nahi mil rahi. Dubai se toh aur bhi mushkil hai verify karna. Kitna risk hai isme, any idea?
Bhai, risk toh hai. Mera ek dost hai, usne Akurdi mein ek project liya tha 3 saal pehle, bola tha 2 saal mein possession milega. Abhi tak sirf framework khada hai. Builder ne har baar koi naya bahana de diya. Harivishva ka bhi yahi haal na ho jaye. These RERA timelines often feel more like suggestions than rules.
Totally agree! Builders are known for delaying, especially with such long possession dates like 2030. Mera toh budget tight hai, wait nahi kar sakta itna.