A
Ananya Bhatia
Kailash Dham investment: Worth the current price tag?
₹2.24 Cr for Purvanchal Kailash Dham's entry-level flat — is this price justified for an investor? I'm looking at capital appreciation, not end-use. Builder ka track record kaisa hai for past projects ke price trends? Aur RERA compliance kitni solid hai? Not sure if it's the right time to enter with this pricing, ya phir wait karna chahiye...
#purvanchal-kailash-dham#greater-noida-property#capital-appreciation#rera-status#investor-advice
Comments
Okay, so the RERA compliance part is super critical given these delays. Does anyone have the official RERA registration number or details for Purvanchal Kailash Dham so we can check its actual status and possession timelines? And what about the price per sqft, any idea if ₹2.24 Cr is competitive for a 402-unit project in that specific area?
Don't just go by the builder's name, U3! I invested in a project near Alpha II Greater Noida a few years back, same builder, promised the moon and stars. Still waiting for possession, dates keep shifting like crazy. My capital is completely stuck, and the expected appreciation is nowhere in sight. This 2004 possession date for Kailash Dham smells exactly like that experience. Be very, very careful, especially if your primary goal is capital appreciation and you're a first-time investor.
Ugh, this is so frustrating to hear. So, what are the alternatives then for first-time investors looking for genuine appreciation?
Sahi keh rahe ho, U4. My uncle also had major issues with another Purvanchal project in Alpha-II Commercial Belt. They just don't deliver on time, aur phir customer service bhi kharab. This 2004 date just confirms all my fears about their commitment.
But Purvanchal is a big name, right? People say their projects are good long-term. Maybe the price is justified because of the brand?
Totally agree with U1. This pricing seems very high for a project with such a questionable possession history. Builder ka track record for delivery is always a concern. The market is already a bit slow, especially for these high-value properties. I'm worried if it's the right time to enter with this kind of risk.
So, you're saying the overall market isn't supporting this kind of price for investment right now? What's the general sentiment for areas like Alpha I Greater Noida for capital appreciation?
Exactly! The current market conditions in Noida are very tricky. Prices are high but demand isn't always there for these ultra-luxury or delayed segments. My cousin invested in a project in Alistonia Estate hoping for appreciation, but it's been stagnant for 3 years. He's barely breaking even now. Investment is not guaranteed these days, especially with such a high entry point and uncertain delivery.
Yaar, ₹2.24 Cr for an entry-level flat in Purvanchal Kailash Dham? I'm trying to wrap my head around this. The project status says ONGOING, but the listed possession date is 2004-11-01. Is this a typo or am I missing something huge? If it's truly ongoing since 2004, capital appreciation kaise expect karein? Builder ka track record for such delays must be terrible. RERA compliance check karna toh banta hai, but this date itself is a massive red flag for investment, especially for a first-time buyer like me.
2004 possession for an ongoing project? Seriously? Sounds like a nightmare for any investor hoping for quick returns.
Bhai, you're not missing anything. That 2004 date is a huge red flag, it screams 'delayed project' or 're-sale of a very old, unmaintained property'. My friend almost bought a similar 'ongoing' project in Ajayabpur and then found out it had been stuck for years. Saved himself a lot of headache.