N
Nisha Malhotra
Kesar Garden's post-possession reality bites.
Possession for my 2BHK at Kesar Garden Apartment was in March, and honestly, the ground reality is a bit different from what was shown. I bought it around 85L, banking on solid capital appreciation. While the flat itself is fine, some common area promises aren't fully delivered or maintained. The club house, for instance, still feels incomplete, and upkeep is just okay. This makes me wonder about the builder's overall commitment post-handover. I'm seeing current listings not much higher than my purchase price. Does this sluggish appreciation reflect the builder's track record or is it just the Noida market right now? Curious if others who took possession recently feel the same about the actual project delivery versus initial expectations.
#kesar-garden#project-delivery#capital-appreciation#noida-real-estate#investor-experience
Comments
Is it just Kesar Garden ya Noida ka market hi slow hai? I'm seeing prices stagnate everywhere, especially in places like Ajayabpur. Builder reputations are definitely taking a hit if they don't maintain projects post-possession. This makes me super nervous about booking anything right now.
Totally understand your frustration, U1. My cousin bought in Alistonia Estate, and unka bhi same haal hai. Club house ka promise tha, but abhi tak gym equipment nahi aaye properly. Builders initial marketing mein sab dikha dete hain, but delivery time pe sab gol mol ho jaata hai. What about the green areas? They usually cut corners there too, claiming budget constraints.
Actually, this is a common issue with many builders once the project is 'completed' and RERA certificate is issued. They often hand over maintenance to an RWA that isn't fully equipped or funded initially. The prices might be stagnant because the overall market sentiment in Noida is cautious, especially for projects with perceived maintenance issues. Plus, Kesar Garden has only 154 units, so economies of scale for maintenance can be tricky, leading to higher charges or lower quality upkeep.
Haan, green areas ka batao U1! And what about security? That's also a big concern for me, especially in new projects.
Green areas ka toh mat hi poochho. My society has a 'garden' that's basically just dry grass. It's frustrating when you pay premium for amenities like that.
Bhai, 85L for 2BHK in Noida? Thoda high nahi hai kya? Meri friend ne Alpha I Greater Noida mein 3BHK liya tha last year, around 95L.
Yaar, I was also looking at Kesar Garden. Builder ka track record thoda mixed hai suna tha, especially for projects near Alpha II. Isiliye I backed out. Common areas ka issue toh bahut builders ke saath hai after handover, especially maintenance. It's a big red flag for first-time buyers like us.
Which builder was this? Kesar Garden's actual possession date was Feb 2020, so 4 saal ho gaye, ab tak toh settle ho jaana chahiye tha. What exactly is 'mixed' in their track record?
Exactly! Maintenance is always the first thing to suffer. Builder ko bas sales se matlab hota hai, baad mein kaun poochhta hai.
Possession for my 2BHK at Kesar Garden Apartment was in March, and honestly, the ground reality is a bit different from what was shown. I bought it around 85L, banking on solid capital appreciation. While the flat itself is fine, some common area promises aren't fully delivered or maintained. The club house, for instance, still feels incomplete, and upkeep is just okay. This makes me wonder about the builder's overall commitment post-handover. I'm seeing current listings not much higher than my purchase price. Does this sluggish appreciation reflect the builder's track record or is it just the Noida market right now? Curious if others who took possession recently feel the same about the actual project delivery versus initial expectations.