T
Tarun Khanna
posted on 13 MayIs the ₹2.65 Cr for Goyal Luxury Floors justified for investors?
Is the ₹2.65 Cr for Goyal Luxury Floors by Rahul Mangla justified for investors? I'm based in Dubai and can't visit, so I need genuine insights. This price point feels high for an upcoming project. What's the RERA status? Is it fully compliant for an absentee owner? I'm focused on long-term capital appreciation and resale liquidity. Any advice on finding reliable property management for this investment? Need to understand the true ROI and exit strategy.
#faridabad-real-estate#goyal-luxury-floors#roi-potential#investor-perspective#rera-status
Comments
Okay, let's look at this objectively. The price point of ₹2.7 Cr (as per data, not ₹2.65 Cr in the post) for an 'upcoming' project with only 4 units and 'Not Applicable' RERA status means high risk, high reward. For an absentee owner, property management will be a huge task. You'd need a very trustworthy local contact or a professional agency, and even then, without RERA, monitoring progress and quality remotely is a nightmare. ROI and exit strategy are entirely dependent on market conditions in 2026 and the builder's actual delivery. It's a gamble, not a safe investment. Due diligence from your end will be massive.
Frankly, for Faridabad, ₹2.65 Cr is a stretch for an upcoming project without RERA. Current market conditions show that while there's demand, buyers are very cautious. Liquidity will be an issue for resale if the project doesn't get completed well or on time. What about the ROI then? Exit strategy will be tough without clear paperwork.
Bhai, aise 'upcoming' projects aur especially bina RERA ke, Sector 35 mein toh bahut dekhe hain. Builder ka track record dekhna bahut zaroori hai. I've personally seen projects in this area where possession dates were just an estimate, real life mein toh saalon lag jaate hain. For an absentee owner, this is a nightmare. You'll be chasing updates from Dubai, which is impossible.
Koi specific example hai kya Sector 35 se jahan aise delays hue hon? Would be helpful to know.
U7 is absolutely right. Especially for someone based abroad, RERA is key for transparency and accountability. If it's not applicable, your legal recourse is limited. This is a big problem if things go south with the builder or construction quality.
Dekho, if it's genuinely luxury, then ₹2.65 Cr might be the new normal for prime locations. Luxury floors have their own niche market. Capital appreciation can be good if it's well-executed.
Only 4 units and 'luxury'? Sounds more like a builder floor with a fancy name. Price is too high for that kind of uncertainty.
U4, I understand the luxury segment appeal, but for this project, the RERA status is 'Not Applicable'. This is a huge red flag, especially for an absentee investor. With only 4 units, it might be a joint venture or smaller project that falls outside RERA's direct purview, but that means less protection. Possession date is 2026-04-01, but for an upcoming project with no RERA, that's a huge risk, right? Delays are almost guaranteed.
Guys, is ₹2.65 Cr for Goyal Luxury Floors by Rahul Mangla actually justified for an investor? I'm based in Dubai and can't visit, so I really need genuine insights. This price point feels super high for an upcoming project, especially with only 4 units. What's the RERA status for this? Is it fully compliant for an absentee owner like me? I'm focused on long-term capital appreciation and resale liquidity. Also, any advice on finding reliable property management for this kind of investment? Need to understand the true ROI and exit strategy before I even think about it.
Haan, exactly! U1 is right. And Rahul Mangla ka track record kaisa hai? Have they delivered similar luxury projects on time before? That's crucial for an investor.
Honestly, bhai, ₹2.65 Cr for an upcoming project without RERA compliance sounds like a massive risk. Price toh bahut zyada lag raha hai.