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Vikram Rathore
posted on 5 MayKrishna Apartment RERA updates, anyone else worried?
Dwarka — Krishna Apartment owners, are you facing RERA issues? I'm an investor, currently in a 2BHK. This builder's delivery track record isn't stellar, making me nervous about appreciation and exit strategy. Is the RERA update status constantly unclear for anyone else here? Worried about my long-term wealth creation.
#krishna-apartment#dwarka#rera-status#investor#project-delivery
Comments
Given the current Delhi real estate market, which is already a bit tricky for new buyers, any project with RERA ambiguity is a huge risk. Are these 'updates' coming from the builder directly, or is there some official communication? Because 'null' status for RERA is like a giant question mark hanging over your investment.
Totally agree. 'Null' status is a massive red flag. Steer clear if you
You're right, the market sentiment in Delhi-NCR is very sensitive right now. Buyers are more cautious, especially post-pandemic. People are looking for ready-to-move or projects with clear RERA timelines. Anything vague or historic like Krishna Apartment, despite the location, will struggle to attract serious buyers, especially first-timers. The fear of getting stuck is real, and the potential for appreciation gets severely hampered by such uncertainties.
I had a similar nightmare with a project near Anand Vihar. The builder kept promising RERA registration 'next month' for almost a year. Eventually, we pulled out, lost some booking amount, but saved ourselves from a bigger mess. These builders use the RERA process as a shield sometimes, saying 'it's under process' indefinitely. Always, always check the official RERA portal yourself, don't just rely on what the sales guys tell you. My friend even found out the builder had multiple projects, and one was blacklisted.
Absolutely, what you said about checking the official RERA portal is spot on. Never trust just the agent. You have to cross-verify every single detail. Even if they show you a certificate, verify its authenticity online. For an old project like Krishna Apartment, if there's any new construction or significant renovation activity being marketed, it should ideally have a RERA registration if it crosses certain thresholds. If it's pure resale, then RERA rules are different, but the 'null' status for a project being discussed is still concerning for any new buyer.
So for Krishna Apartment specifically, is there *any* RERA registration number mentioned anywhere? The status is 'null' on most sites, which is just bizarre if they're selling units now.
That's my biggest fear! I almost booked a flat in Ansal Villas last year, and the agent was so pushy about 'limited time offer'. Luckily, I spoke to someone who had faced delays with the same builder. It's like they prey on first-time buyers' lack of knowledge.
Krishna Apartment? That project has been around forever. The possession date listed is 1994, isn't it? What kind of RERA updates are you even expecting for a project that old? Is this a resale or some redevelopment they're talking about?
Sahi keh rahe ho. My uncle bought in Alaknanda around that time, and the price appreciation has been good, but no RERA drama. This sounds fishy.
Yeah, that 1994 possession date is super confusing. For a project from that era, the price range of ₹64 L – ₹80 L for a 2BHK seems quite steep, even for Dwarka. Maybe it's the land value, but then why the RERA issues for an already 'delivered' project? This whole thing needs more clarity before anyone puts their hard-earned money.
Exactly! When I looked it up, the 1994 date threw me off completely. Is this a new phase or just old apartments being resold? Because if it's purely old, RERA status won't be like a new launch, right?
Oh my god, finally someone said it! I've been so worried about Krishna Apartment too. My family is pushing me to book but this RERA confusion is a huge red flag for me. Same boat, bhai!
Dwarka — Krishna Apartment owners, are you facing RERA issues? I'm an investor, currently in a 2BHK. This builder's delivery track record isn't stellar, making me nervous about appreciation and exit strategy. Is the RERA update status constantly unclear for anyone else here? Worried about my long-term wealth creation.