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 is developed by SAM India, a reputed real estate developer known for quality construction. The project in Sector 50, Noida offers 3 BHK from ₹1.79 Cr, 3 BHK from ₹1.95 Cr, 4 BHK from ₹2.44 Cr and is RERA registered under number RERA registered.
Sam Palm Grove Apartments by SAM India offers 3 BHK from ₹1.79 Cr, 3 BHK from ₹1.95 Cr, 4 BHK from ₹2.44 Cr. The price range is ₹1.8 Cr – ₹2.7 Cr and the average rate is ₹10.83 K/sq.ft. Contact a verified broker on Propmyna for current availability and payment plans.
You can verify Sam Palm Grove Apartments on the state RERA portal using registration number RERA registered. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
Yes, with RERA registration RERA registered, booking an under-construction unit at Sam Palm Grove Apartments is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Sam Palm Grove Apartments.
Sam Palm Grove Apartments by SAM India is home to 112 units across 2 towers on 2.0 acres in Sector 50. The community features Children's Play Area, Swimming Pool, Rain Water Harvesting, 24x7 Security, Gymnasium, and more, fostering an active, social lifestyle for residents and families.
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?