Been tracking Noida Extension for a while. I'm eyeing Sam Palm Grove Apartments for investment. What's actual capital appreciation since launch? What rental yield can one expect? Builder's delivery track record is key; any insider info?
Sam Palm Grove Apartments by SAM India is a Under Construction residential project offering 3 BHK from ₹1.79 Cr, 3 BHK from ₹1.95 Cr, 4 BHK from ₹2.44 Cr starting from ₹1.8 Cr. Spread across 2.0 acres in Sector 50, Noida, it delivers strong value with Children's Play Area, Swimming Pool, Rain Water Harvesting, 24x7 Security, Gymnasium, and more.
With 3 BHK from ₹1.79 Cr, 3 BHK from ₹1.95 Cr, 4 BHK from ₹2.44 Cr starting at ₹1.8 Cr and an average of ₹10.83 K/sq.ft, Sam Palm Grove Apartments offers strong value for a Under Construction project in Sector 50, Noida. Home loan approvals are available through major banks.
Yes, Sam Palm Grove Apartments by SAM India is approved by major banks and housing finance companies. RERA registration number RERA registered assures lenders of the project's legal compliance, simplifying the home loan process for buyers.
Being RERA-registered (number: RERA registered), Sam Palm Grove Apartments by SAM India is legally bound to deliver on the committed date. In case of delays, buyers are entitled to compensation. SAM India has a strong reputation for on-time delivery.
Sam Palm Grove Apartments in Sector 50, Noida — a Under Construction project with 112 units — enjoys excellent connectivity to expressways, metro stations, IT parks, schools, and hospitals, all contributing to its -5.51% price appreciation.
Comments
Yaar, ye 2008-12-01 possession date aur abhi tak ONGOING status, this is mind-boggling. Are they even building anything now, or is it just stuck? Noida market mein already itna competition hai, why would anyone risk such an old, delayed project for such a high price point? Kya koi actual site visit karke aaya hai recently?
My personal experience with such projects in Noida Extension is bitter. I invested in a project nearby in Alistonia Estate a few years ago that was also perpetually 'ongoing' past its promised date. The builder kept giving excuses, construction stopped and started randomly. Eventually, I had to sell at a loss just to get my money out. Sam Palm Grove ka bhi yahi haal lag raha hai. Be very, very cautious.
I've seen Sam Palm Grove ads, the amenities look good on paper. But the price range of ₹1.8 Cr – ₹2.7 Cr for an 'ONGOING' project from 2008? That seems super risky. What's the current price per sqft they are quoting? Is it even worth considering given the uncertainty around possession?
U8, RERA mein toh 'delayed' ya 'under construction' hi dikhaega. Sometimes builders update the RERA date after paying penalties, but if it's still 2008-12-01 on some old documents and 'ONGOING' on site, it's a mess. U9 is right, your capital gets stuck for years. It's not just about rental yield; it's about getting your property in hand.
Mujhe lagta hai ye log puraane inventory ko naye rate pe bechne ki koshish kar rahe hain. My uncle faced similar issues with a project in Ajayabpur. Builder ne bola tha 2 saal mein possession, 5 saal ho gaye abhi tak kuch nahi. Aise projects mein rental yield toh door ki baat, principal bhi fas jaata hai.
RERA details checked? Agar 2008 ka project hai aur abhi bhi ONGOING, toh RERA mein kya status hai? Builder ne extension liya hai kya?
Sam Palm Grove? Bhai, be very careful. Their possession date was supposed to be 2008-12-01 as per records, but it's still showing 'ONGOING' status. How can a project from 2008 still be ongoing? This is a massive red flag for any first-time buyer like us. Capital appreciation ki toh baat hi chhod do, pehle possession mile tab na.
Haan, exactly! This 2008 possession date vs. 'ONGOING' status is a classic bait-and-switch. They show old dates to attract buyers with 'legacy project' vibes, but construction is snail-paced. For ₹1.8 Cr – ₹2.7 Cr, you could get something ready-to-move or with a much clearer timeline in a developed sector. Don't fall for these tricks, especially with your first investment.
Totally agree with you, yaar. My friend almost invested in one of their other projects near Alpha I Greater Noida, and it's been delayed for years. Builder ka track record bahut poor hai, especially with commitments.
Been tracking Noida Extension for a while. I'm eyeing Sam Palm Grove Apartments for investment. What's actual capital appreciation since launch? What rental yield can one expect? Builder's delivery track record is key; any insider info?