JMS Prime Land's delivery track record is a huge red flag for investors.
Is JMS Prime Land's construction progress really on track, or are we looking at another delay impacting investor ROI? I'm seriously considering a unit, around the ₹1.9 Cr range, but honestly, JMS's delivery track record makes me nervous. My last investment property in SPR had a 1.5-year delay, totally killed my expected capital appreciation and rental yield projections. What's the real story with their current pace at Prime Land? Are they likely to hit the promised possession date? I've seen too many projects where initial price jumps look great, but then delays eat into the actual CAGR. It affects the resale market too, making it harder to exit profitably. Anyone got solid, recent info on this builder's delivery reliability? Trying to calculate the actual long-term risk for this investment.
Comments
Bhai, you're absolutely
Sahi baat hai yaar, JMS ka naam sunte hi BP high ho jaata hai. Meri ek cousin ne bhi unke pichle project mein invest kiya tha, 6 mahine ka delay bola tha, 1.5 saal lag gaye. Capital appreciation toh chodo, rental income ka bhi nuksaan hua. Prime Land ke liye bhi yehi dar hai.
Haan, aur ₹1.9 Cr is a huge amount for first-time buyers like us. Iss budget mein risk lena theek nahi hai. Koi solid info hai kya ki current progress kya hai? Kya 2023-12-01 ki possession date realistic hai?
Totally agree. Heard similar stories about their other projects. It's so frustrating for first-time buyers like us.