H
Harshita Singh
Land Craft Golf Links Plots: Completed, but where's the appreciation?
I'll be honest — Land Craft Golf Links Plots mein invest karke abhi thoda confused hu. Socha tha completed project hai toh capital appreciation jaldi milegi. But resale value utni nahi mil rahi jitni expect ki thi. Koi bata sakta hai yahan ka actual appreciation kitna raha hai since launch? Aur Land Craft ka delivery track record baaki projects mein kaisa hai? Lag raha hai exit strategy mushkil ho sakti hai. Kisi aur ne yeh issue face kiya hai?
#ghaziabad#land-craft-golf-links-plots#resale-value#capital-appreciation#investor
Comments
Meri bhi same story hai but with another builder in Ahinsa Khand II. Plots are always tricky for quick appreciation, especially if it's not a prime residential area with immediate development around it. Land Craft Golf Links, as the name suggests, was more of a niche offering. Total 350 units bhi hain, toh ek limit tak hi demand badhti hai. Agar aapne long-term ke liye liya hai, then maybe hold on. Otherwise, exit strategy will definitely be difficult without a significant discount.
RERA number toh theek hai, UPRERAPRJ5633. But 350 units hain total, toh supply bhi kaafi hai. Initial launch price kya tha, kisi ko yaad hai? Maybe the current price range of ₹79 L – ₹2.7 Cr already includes most of the appreciation?
That's a good point about the initial launch price. Agar 2010 mein 25L ka tha, aur ab 79L low end hai, toh 3x appreciation toh ho chuka hai. Hum jaise first-time buyers ko lagta hai ki har saal double ho jayega, but that's not how it works always, especially after a project matures.
I remember my uncle bought a plot there for around 20-25 lakhs in 2009-2010. So yeah, the current 79 L range is a good jump from that. It means the appreciation *did* happen, just not recently. The initial investors made money. Abhi enter karne walon ke liye shayad utna scope nahi hai.
Dekho, completed project hai, possession 2012 ka hai. Matlab 12 saal ho gaye. Itna appreciation toh naturally slow ho jaata hai after a point. Initial 5-7 years mein jo milna tha, woh mil gaya hoga. Also, Ghaziabad mein abhi market thoda thanda hai, especially for plots jo residential se thoda door hain. Abhay Khand mein properties kaafi upar gayi hain, but Golf Links ka location thoda different hai.
Yes, I think it's a mix of both, builder's past reputation for delivery and current market conditions. My broker also told me about the RERA number UPRERAPRJ5633, so legality wise it's fine, but demand for resale is key.
Sahi keh rahe ho. Post-possession appreciation curves are usually flatter. Plus, the price range of 79 L to 2.7 Cr is quite wide, depends on plot size and location within the project. Maybe smaller plots appreciated better than larger ones?
Haan yaar, I was also looking at plots in that range, around 79 L to 2.7 Cr. Kaafi high lag raha hai agar appreciation nahi hai toh. Kya fayda phir? Is it because of the overall market slowdown in Ghaziabad ya sirf is builder ka issue hai?
I'll be honest, Land Craft Golf Links Plots mein invest karke abhi thoda confused hu. Socha tha completed project hai toh capital appreciation jaldi milegi. But resale value utni nahi mil rahi jitni expect ki thi. Koi bata sakta hai yahan ka actual appreciation kitna raha hai since launch? Aur Land Craft ka delivery track record baaki projects mein kaisa hai? Lag raha hai exit strategy mushkil ho sakti hai. Kisi aur ne yeh issue face kiya hai?
Totally agree with the original post. Meri ek relative ne bhi wahan plot liya tha, same situation. Unko laga tha Ghaziabad mein ekdum boom aayega, especially near NH-24. But Land Craft ka naam utna strong nahi raha market mein baaki established builders ki tarah. Delivery track record toh theek tha, but appreciation ka issue hai.
Bhai, you're not alone. Humne bhi yahi socha tha ki completed project matlab safe bet. But 2012 ka possession hai, itna time ho gaya, aur prices utne upar nahi gaye. Around Achchheja area mein toh kaafi naye projects aa gaye hain, woh competition bhi hai.