Tell me about M2K Victoria Gardens in New Delhi.
M2K Victoria Gardens by M3M India is a landmark residential development spread across 8.5 acres in Lal Bagh, New Delhi. Comprising 350 units across 7 towers, it offers 3 BHK from ₹2.88 Cr, 3 BHK from ₹2.85 Cr, 4 BHK from ₹5.0 Cr, 5 BHK from ₹11.11 Cr, 5 BHK from ₹9.25 Cr with world-class amenities including Amphitheater, Tennis Court, Swimming Pool, Fire Sprinklers, Vaastu Compliant, and more.
Are there any payment plans available at M2K Victoria Gardens?
M3M India offers flexible payment plans for M2K Victoria Gardens covering 3 BHK from ₹2.88 Cr, 3 BHK from ₹2.85 Cr, 4 BHK from ₹5.0 Cr, 5 BHK from ₹11.11 Cr, 5 BHK from ₹9.25 Cr priced from ₹2.5 Cr – ₹16.2 Cr. Construction-linked plans and subvention schemes are available — connect with a Propmyna broker for the latest options.
How do I verify the legal status of M2K Victoria Gardens?
You can verify M2K Victoria Gardens on the state RERA portal using registration number Not Applicable. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
What happens if possession at M2K Victoria Gardens is delayed?
Under RERA, if M2K Victoria Gardens by M3M India is delayed beyond the committed date (RERA number: Not Applicable), buyers are entitled to full refund with interest or monthly compensation until possession is handed over.
Is M2K Victoria Gardens better than other projects in Lal Bagh?
M2K Victoria Gardens stands out in Lal Bagh with 350 units across 7 towers on 8.5 acres, offering 3 BHK from ₹2.88 Cr, 3 BHK from ₹2.85 Cr, 4 BHK from ₹5.0 Cr, 5 BHK from ₹11.11 Cr, 5 BHK from ₹9.25 Cr at ₹16.3K/sq.ft with -2.24% appreciation. RERA number Not Applicable ensures full transparency.
Comments
The price range (₹2.5 Cr – ₹16.2 Cr) itself tells a story. It's a premium segment, and that market has its own dynamics. Capital appreciation in such projects is usually slower after the initial boom, especially if it's not in a rapidly developing corridor. For a first-time buyer, it might be safer to look at projects with more active resale or better rental yields in slightly newer or more affordable micro-markets. Don't get swayed by the 'premium' tag alone, research the actual returns. Maybe look at areas closer to future infrastructure projects for better long-term appreciation.
Sahi baat hai yaar, liquidity ka issue toh hai. Mujhe bhi ek 3BHK dekhna hai. Kya property tax aur maintenance charges yahan kaafi high hain? Aur koi hidden costs bhi hain kya jo builder ne initial brochure mein nahi bataye the? I'm hearing stories about high maintenance in older, premium societies.
High maintenance is common for premium projects. But yahan builder ka track record bhi mixed hai, so be careful. RERA number is Not Applicable because it was completed before RERA, which means less protection for buyers. Dhyan rakhna.
Maintenance charges toh definitely high hain, around ₹8-10 per sqft. Plus, property tax bhi accha khaasa lagta hai. Hidden costs toh nahi but builder ne post-possession kaafi cheezein upgrade karayi hain, like club house amenities etc., jiska burden residents pe aata hai. Initial buyers ko bhi surprise laga tha. Yeh sab calculate karke hi aage badhna.
Investor potential ke liye toh I'd say this project is tricky. Total units 350 hain, which isn't a small number, aur jab bohot saare units investor-owned hote hain, toh supply zyada ho jaati hai resale market mein. Maine Ansal Villas mein bhi yehi dekha hai. Initial buyers ko toh shayad acha appreciation mila hoga but now it's a different game. Mera personal experience hai ki agar aap long-term ke liye soch rahe ho, then only consider it, otherwise, liquidity will be a major headache. Main toh apna paisa kahi aur lagane ki soch raha hoon.
Totally agree with you! Main bhi Alaknanda mein ek property dekh raha tha, but M2K Victoria Gardens ki location achi hai. Problem wahi resale ki hai. Jabse completed hua hai (2015-03-01 possession date hai na?), tabse kitna growth hua hai actually? Aur rental yield ka kya scene hai? Koi bata sakta hai 3BHK pe kitna rent mil raha hai? Mujhe lagta hai high-end properties mein tenants dhundhna mushkil hota hai.
50-70k? Bhai, that's barely 2-3% rental yield on a property worth 2.5 Cr+! Ye toh investment ke liye bilkul viable nahi hai. Current market conditions in Delhi are already tough with high interest rates, so buyers are looking for better returns. Agar rental yield itna kam hai, toh capital appreciation bhi bahut outstanding honi chahiye to justify the price. But U1 is right, it feels stagnant. Mere ek friend ne Anand Niketan mein liya tha, usko better returns mil rahe hain.
Haan, possession toh 2015 ka hi hai. Rental yield ki baat karein toh, 3BHK ke liye yahan average 50k-70k ke beech hi milta hai, depending on the furnishing. But getting good tenants, especially for bigger units, is a real pain. Most families prefer smaller, more affordable options around here. Maine khud struggle kiya hai tenant dhundhne mein.
Yaar, M2K Victoria Gardens ka resale market sach mein slow lag raha hai. Main bhi kaafi time se dekh raha hoon, but jo prices quoted hain, wahan se buyer milna mushkil hai. Capital appreciation ke naam pe toh bas paperwork mein numbers hain, real deal mein kuch khaas nahi dikh raha. Kisi ne recent transaction kiya hai yahan 3BHK ka? Kya rate mila? Meri budget thodi tight hai, so I need to be sure about liquidity later on. Bohot nervous hoon.