High-end New Delhi projects are overrated for returns.
Okay I'll be honest — I thought upgrading from my 2BHK would be simpler. I'm looking for a 3BHK in New Delhi, already have a home loan. Comparing Ambience Multi Unit and DPB Blue Sky Residency, both completed. Ambience ka price range high hai, but DPB Blue Sky bhi up to 1.35 Cr ja raha. Total cost of ownership, including stamp duty and maintenance, kismein better deal milegi? Also, 5-year appreciation ke liye, kaunsa project achha investment hai? Rental potential kiska zyaada hai? Not sure if that Ambience price jump is worth it.
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Totally agree with the post title! I'm also a first-time buyer looking for a 3BHK and the prices for 'premium' Delhi projects are just insane. Ambience ka price range 1.3-1.5 Cr for a project that's been around since 2004? Bhai, where is the appreciation going to come from? Lagta hai sirf brand value ka paisa hai, investment return ka nahi.
Haan bhai, Ambience ka toh maintenance hi itna hoga