Is Savyasachi Amaya Greens a solid investment?
₹21.40 L for a 1BHK at Savyasachi Amaya Greens caught my eye. I'm looking to diversify my portfolio beyond my current 2BHK in Sector 70. Has anyone tracked its capital appreciation since launch? I'm curious about the real ROI potential here. What's the actual rental yield people are seeing in this project, if any? Also, can anyone share insights on the builder's delivery track record? Don't want to get stuck with delays if I'm putting in a significant chunk. Is it a solid long-term investment for Mohali?
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Diversifying is a good idea, but only if the second property is genuinely good. For Savyasachi Amaya Greens, the ongoing status despite a 2022 possession date is a major concern. Capital appreciation will be stunted if the project itself is stuck. Rental yield also suffers if people can't move in. I'd suggest looking at projects with clear completion records, even if it means a slightly higher upfront cost. Sometimes paying a little more for peace of mind is worth it, especially in the current Gurugram market where ready-to-move properties are getting premium.
I'm also looking at Mohali. The price range of ₹21 L – ₹34 L seems competitive for the area. But the possession date being 2022-09-01 and it's still ongoing? Is this delay common for Savyasachi? Anyone got current info on their progress?
My friend works in real estate, he said Savyasachi has liquidity issues sometimes. That's why their projects drag on. Don't trust their revised timelines blindly.
I visited the site last month. Construction looked slow. They told me possession will be by end of this year, but I'm skeptical. They have 260 total units, so a big project to manage.
Not just Savyasachi, many builders are facing delays right now, especially post-covid. Material costs badh gaye hain. But Savyasachi ka toh pehle se hi reputation tha delays ka. So yes, it's common for them.
Mohali mein 21L for 1BHK is a good entry point. But builder ka naam sunke thoda darr lag raha hai. Kya ye safe investment hai for a first-time buyer like me?
Savyasachi Amaya Greens? I remember seeing their ads. But Mohali mein itna low price usually means either location isn't prime ya phir builder ka delivery track record suspect hai. Possession date 2022-09-01 tha na? Kya hua uska?
My cousin booked a flat with them in a different project near Baliawas. Possession was delayed by almost 2 years! He finally got it but with a lot of mental stress. Be very careful.
Haan, exactly! The project status is ONGOING, but possession was supposed to be September 2022. That's a red flag right there. RERA number 212 hai, but RERA bhi kya karega agar builder kaam hi nahi kar raha.
Hey everyone, I'm new to this forum. ₹21.40 L for a 1BHK at Savyasachi Amaya Greens caught my eye. I'm looking to diversify my portfolio beyond my current 2BHK in Sector 70. Has anyone tracked its capital appreciation since launch? I'm curious about the real ROI potential here. What's the actual rental yield people are seeing in this project, if any? Also, can anyone share insights on the builder's delivery track record? Don't want to get stuck with delays if I'm putting in a significant chunk. Is it a solid long-term investment for Mohali?
21.40L for a 1BHK in Mohali sounds okay, but ROI depends on location within Mohali and amenities. Rental yield is usually around 2-3% for new projects initially. Don't just go by the price.
Bhai, for capital appreciation, you need to check the launch price vs current. I heard about some issues with their previous projects, especially around Gurgaon side, Badshahpur area. Builder ka reputation is key.