S
Simran Kaur
JMD Samriddhi: Am I missing the investment upside, or just the risk?
Just researched JMD Samriddhi Apartments. Everyone hypes upcoming projects for appreciation, but ignores delivery risk with smaller builders. JMD's track record for on-time possession isn't stellar, is it? I'm honestly worried about delays crushing ROI. Current pricing feels steep for an upcoming project, especially if pre-launch wasn't much cheaper. This screams high investor ratio, meaning potential ghost society issues later. What was the *real* pre-launch discount? Change my mind.
#jmd-samriddhi#noida-extension#under-construction#investor-risk#project-delivery
Comments
Look, the current market in Noida is quite competitive. There are many ready-to-move or nearing-completion projects available in similar price ranges (₹45 L – ₹70 L) from more reputed builders. While JMD Samriddhi might seem appealing due to 'upcoming' status, the premium for that status needs to be evaluated against the builder's history. For a first-time buyer, safety of investment and timely possession should be the top priority, not just potential appreciation. The fear of a ghost society with only 30 units and a potentially high investor ratio is a genuine concern, as amenities and community feel suffer a lot.
Instead of chasing 'upcoming' projects, it's better to stick to builders with a solid track record or look for resale properties. The peace of mind knowing your home will be delivered on time, or is already built, is worth more than a speculative discount. Always check RERA filings for project status and builder history before committing.
Any specific projects you'd recommend looking into then, given the current Noida market?
U1, you asked about the *real* pre-launch discount. Anyone here know if it was significant enough to justify the current pricing for JMD Samriddhi?
My personal experience with an upcoming project was horrible. I booked a flat thinking I'd get possession in 3 years, but it stretched to 6. The builder kept giving excuses, and the RERA complaint process was slow and frustrating. By the time I got possession, the property value hadn't appreciated as much as I'd hoped, and I paid EMIs for years without living there. So, the 'delivery risk' is very real and can wipe out all your projected ROI.
Compensation through RERA is often a fraction of what you actually lose, and it takes ages to get. Plus, many builders just ignore the orders or appeal them endlessly. It's a long, draining battle, and as first-time buyers, we don't have that kind of bandwidth or legal knowledge.
That's scary! Did you get any compensation for the delay through RERA?
While the builder's past is a valid point, what about the location? Is JMD Samriddhi in a strong growth corridor that could still push up prices despite delays? Sometimes location trumps builder reputation in the long run, especially in areas like Alpha II or Alistonia Estate where connectivity is improving fast.
The project has only 30 units. If it's truly an investor-heavy project, as U1 mentioned, then even a good location might not help with the 'ghost society' problem. Imagine buying your first home and having only a few families living there. It affects amenities, maintenance, everything.
Location wise, it's decent but not a game-changer like a metro-adjacent project. The actual possession date is 2026-12-01, jo ki abhi 3 saal door hai. In that time, a lot can change. I invested in a similar 'upcoming' project near Ajayabpur, and even though the locality eventually picked up, the builder delayed by 4 years. By then, market sentiments change, and you're stuck. So, no, I don't think location alone can offset a bad builder, especially for first-time buyers like us.
Just researched JMD Samriddhi Apartments. Everyone hypes upcoming projects for appreciation, but ignores delivery risk with smaller builders. JMD's track record for on-time possession isn't stellar, is it? I'm honestly worried about delays crushing ROI. Current pricing feels steep for an upcoming project (₹45 L – ₹70 L), especially if pre-launch wasn't much cheaper. This screams high investor ratio, meaning potential ghost society issues later. What was the *real* pre-launch discount? Change my mind.
Exactly! For ₹45 L – ₹70 L, this price range is too high for a builder with questionable delivery. Bahut risky deal lag rahi hai.
Totally agree with your concern about JMD's track record. My cousin booked with them in another project near Alpha I Greater Noida a few years back, and it was a nightmare. Possession date ke naam par bas dates pe date milti rahi. ROI toh chhod do, principal amount bhi phans gaya tha.