L
Lata Singh
posted on 11 MayIs floor-rise premium really worth it in Mohali?
₹1.8 Cr for a 3BHK in Mohali Sector 82 by Sunder Homes. That floor-rise premium feels steep for ROI. I'm in Dubai, can't inspect. Are secondary market deals in Sector 65 smarter for an investor?
#mohalirealestate#investor#floor-rise-premium#secondary-market#roi
Comments
Has anyone checked the current RERA completion status for Sunder Homes Sector 82? And what's the typical possession timeline they are giving these days? That's the first thing I'd check before even thinking about floor rise.
Q4 2025? Oh no, that's a red flag for an investor, especially from Dubai. Builders usually don't stick to these revised dates either. Be careful, bhai.
U5, I checked last month. Sunder Homes Sector 82 is registered under RERA, but their initial completion date was pushed back by almost a year. The current revised date is Q4 2025. This is a common tactic, unfortunately. Always check the original vs revised RERA dates.
As an investor, you're right to question the floor-rise premium. It rarely translates to a proportional increase in rental income or resale value in the mid-segment. Secondary market in Mohali, especially areas like Sector 65, can offer better value if you find a well-maintained property. Plus, you get immediate possession and can start earning rent. Mohali's growth is steady, but 1.8 Cr for a 3BHK in Sector 82 seems high for pure investment ROI. Maybe look at plots in upcoming areas near the Airport Road (Gurgaon side) instead, for long-term appreciation?
I agree with the secondary market idea. The current market conditions, especially in regions like Gurugram, show a preference for ready-to-move-in properties due to builder delays. Same trend is visible in Mohali too. You avoid construction risk and can assess the actual quality. For 1.8 Cr, you might even find a decent villa or a larger plot in areas like Baliawas or Basai, which can give better capital appreciation over time compared to a high-rise apartment with a hefty floor-rise premium.
U9, check out Sector 80-81, sometimes you get good deals there. Also, don't forget about Baharampur Naya, it's developing fast. Secondary market mein negotiation ka scope bhi mil jaata hai, which is a big plus for budget-conscious buyers like us. Builder se toh seedha list price hi milta hai.
Which specific sectors in Mohali secondary market are good for investment right now? Koi specific builder ya society jo trusted ho?
Sunder Homes ka track record Mohali mein mixed hai. Mere ek dost ne inka ek project liya tha Sector 79 mein, possession mein 2 saal late ho gaya. Builders often promise the moon for higher floors but the actual rental yield difference is minimal, unless it's a super luxury property with amazing views. For an investor, time is money, and delays kill ROI. Have you checked their RERA status and past project completion timelines properly?
Exactly! The RERA status is critical. Most first-time buyers just see the shiny brochures. You need to dig deep into their project history, specifically for delays and quality. For your friend, U3, I hope they got some penalty or interest from the builder, that's the only way to recover some loss from delays.
Sahi keh rahe ho. Mera bhi similar experience hua hai with a builder in Badshahpur. They showed grand plans for a high-rise but eventually delivered a very basic structure, that too after a huge delay. Builders make these floor-rise premiums sound like a luxury but it's just extra cash for them, not necessarily better returns for us. Especially if you're not living there, what's the point?
U3, yaar, 2 saal late? That's crazy! Did your friend get any compensation for the delay? I'm also looking at a Sunder Homes project in another city and this makes me nervous. Kya karein aise builders ka?
Bhai, 1.8 Cr for Mohali? That's Gurgaon prices! Floor rise premium is a total scam sometimes, especially if the project isn't super premium. For investment, secondary market is usually better for quicker appreciation, but depends on the area's development. Sector 65 is good but check for distress sales.
₹1.8 Cr for a 3BHK in Mohali Sector 82 by Sunder Homes. That floor-rise premium feels steep for ROI, especially since I'm looking at it purely as an investment. Being in Dubai, I can't inspect the property personally, which adds to my apprehension. Are secondary market deals in Sector 65 or nearby areas a smarter move for an investor in today's market? I'm worried about getting stuck with an overpriced asset.