Logix Blossom County Phase 2: Completed, but what about resale with that builder reputation?
Hey everyone, I've been looking into Logix Blossom County phase 2 in Noida Extension, especially regarding its resale prospects. It's a completed project, spanning a good 24.65 acres, with units priced from ₹93.70 L to ₹2.47 Cr and an average of ₹10410/sqft. On paper, a completed project sounds good for end-users looking for immediate move-in, offering a ready lifestyle without construction delays. However, the elephant in the room is Logix Group's reputation. The builder has a known history of significant delays, payment disputes, and poor customer service across their projects. While Phase 2 is complete, this past record can definitely cast a long shadow on secondary market liquidity. Buyers are naturally wary of properties from developers with such a track record, even if the current project is delivered. This could make future resale challenging, potentially leading to slower price appreciation compared to projects from more reliable builders. For end-users, livability also depends heavily on post-possession maintenance, which often reflects the builder's service quality. My take: proceed with extreme caution if your primary goal is investment or quick resale due to the builder's history.
Comments
Okay, but let's look at the bright side for a second. It's 1600 units, a huge project, and it's actually finished. For someone like me who just wants to move in and stop paying rent, isn't that a huge relief? No construction risk, no delays. The immediate lifestyle aspect is definitely appealing. Maybe the resale challenge is more for investors than end-users who plan to stay for 10+ years?
So, since it's completed, possession is already given, right? What was the official possession date for Phase 2?
Correct, the post mentions it's completed. The original possession date was indeed October 31, 2018. The question is, how smooth was that possession for the original buyers, and what about the post-possession experience?
Yes, it says here the possession date was 2018-10-31. So it's been ready for a while now. That part is good, no waiting.
I can personally vouch for the Logix Group's reputation being a problem. My cousin booked a flat with them in another project, not Blossom County, but the experience was a nightmare. They promised possession by 2016, but he only got it in late 2019 after countless protests and legal notices. The RERA number for this one is UPRERAPRJ4411, but RERA can only do so much after the fact. Even after possession, the quality of finishes and common area maintenance was subpar. They just don't seem to care once they have your money. So, even though Phase 2 is complete, think about the long-term maintenance and society management. Who will handle that if the builder is notorious for bad service?
The price range of ₹94 L to ₹2.5 Cr is a lot for us budget-conscious folks. If the resale value is impacted by the builder's past, isn't that like locking up a huge chunk of our savings into something that might not grow? I'm already stressed about the EMI.
You're right. It's not just about buying, it's about the exit strategy too. A completed project is good, but if the builder's reputation overshadows everything, then it defeats the purpose of a good investment.
That's why I'm looking at other areas too, like near Ajayabpur. Even if it's a bit further, if the builder is reliable, it feels safer. ₹10410/sqft average, that's serious money to risk.
Exactly! My biggest concern is always the resale. What if I need to move cities in 5-7 years? Will I be stuck with a property no one wants to touch because of the builder? This market is already so unpredictable, especially in Noida.
Yaar, this post hits home. I've been eyeing Logix Blossom County Phase 2 because it's completed and ready to move, which is a huge plus for us first-time buyers. But that builder reputation, it's really making me nervous. Is it even worth considering for ₹94 L when resale might be a nightmare?
True, the prices are also on the higher side for a project with such a history. For a first home, I want peace of mind, not constant worry about appreciation or maintenance issues down the line. It's a tough call.
Bhai, bilkul sahi keh rahe ho. Logix ka naam sunte hi darr lagta hai. My friend had a terrible time with their project near Alpha I Greater Noida, delays pe delays. Even if this one is complete, that track record will always be a red flag for future buyers.