T
Tarun Ansari
Is DDA Parshav Vihar worth the delay risk?
Budget finalised, loan pre-approved but I'm seriously stuck on DDA Parshav Vihar. Yaar, builder ka delivery track record dekh ke darr lag raha hai. My current 2BHK in Dwarka is getting small, thinking of upgrading to a 3BHK here. They promised possession by 2024 end, but abhi tak toh construction kafi slow lag rahi hai. Has anyone here invested? What's the real ground reality? Is the capital appreciation still worth waiting for, ya phir delays se ROI hi kha jaayega? I'm worried about resale market liquidity if projects get stuck. What's the actual rental yield people are getting? Should I even consider under-construction given these potential delays, ya ready-to-move hi dekhun?
#project-delivery#capital-appreciation#resale-value#rental-yield
Comments
Hey OP, I was looking at this too! But the possession date on some portals shows 1996? Aur RERA number RERA-GRG-1451-2023 hai, Gurugram ka! Is this a new phase or something? Bahut confusion hai yaar, thoda clear karo. DDA project Delhi mein hota hai na?
U6, that's a common trick. Often, old DDA land gets handed over for redevelopment. But always check the builder's reputation *independently*. Don't rely on the DDA name for quality or timelines with private tie-ups. I almost got into a similar situation near Anand Vihar, thankfully pulled out in time. Always cross-verify the
Yaar, DDA ka naam use karke private builder khelenge toh aise hi confusion hoga. Scary stuff. Always double check RERA details.
U2, you're absolutely right about the 1996 date and Gurugram RERA. I heard it's an old DDA plot that's being redeveloped by a private builder now, hence the Gurugram RERA for the private component maybe? Still, very confusing process. OP, is your builder a DDA partner or a private developer? Is the RERA for the specific phase you're looking at?
Bhai, DDA Parshav Vihar? Naam sunke hi darr lag raha hai. Builder ka track record toh sabko pata hai. 2024 possession toh sapna lag raha hai. Budget aur loan final hone ke baad bhi itna risk lena, worth it hai kya?