V
Vrinda Malhotra
M3M Altitude Mohali: Investment ke liye sahi?
Budget finalised, loan pre-approved for an investment, but M3M Altitude Mohali ko lekar thoda confused hoon. Recently mera ek aur property ka possession hua tha, aur usmein builder ne kaafi promises kiye the jo poore nahi hue. Ab M3M Altitude mein itna high ticket size hai, ₹8-10 Cr ki range mein, toh bahut careful rehna padega. Main soch raha hoon ki iska actual capital appreciation kitna expect kar sakte hain? Mohali mein itni high-end property ka resale market kaisa hai, will it be liquid enough? Aur rental yield ka kya scene hai? Koi tenant milega bhi itne rent par? M3M ka project delivery track record Mohali mein kaisa raha hai, time par dete hain ya delays hote hain? Koi real experience share karega toh accha rahega.
#mohali#m3m-altitude#real-estate-investment#capital-appreciation#rental-yield
Comments
Ek friend ne bataya tha ki M3M ke projects mein quality ka issue kabhi-kabhi aata hai, especially finishings mein. Aur 750 units hain is project mein, toh competition bhi hoga resale ke time. Mohali mein Baliawas area mein bhi naye projects aa rahe hain but is price point par nahi. I think OP should check out their past Mohali projects, if any, for actual delivery timelines and quality feedback.
The long possession date is a huge red flag for me. 2031 means almost a decade from now. So much can change in the market, interest rates, and even the city's development plans. What if there's a market downturn like the one we saw a few years back, especially for luxury properties? Gurgaon market bhi abhi thoda slow hua hai high-end segments mein.
Yaar, M3M ka track record Gurgaon mein mixed raha hai. Kuch projects time pe deliver kiye hain, kuch mein substantial delays hain. Mohali mein unka presence relatively naya hai for such a high-end segment. Mere ek relative ne M3M ka ek project liya tha Sector 65 mein, 1.5 saal delay hua tha. Is project ka possession 2031 mein hai, which is quite far off. Kya uss time tak Mohali mein itni high-end demand sustain karegi?
M3M ka naam toh hai, aur Altitude project sounds very premium. Maybe that's why the high price. But haan, OP ki baat bhi theek hai, builders ke promises aur actual delivery mein bahut farak hota hai. Mera bhi budget thoda tight hai, toh itna risk lena mushkil hai. What if the appreciation isn't what they project?
I heard M3M Altitude ka RERA number GGM/821/553/2024/48 hai and possession date is 2031-07-01. That's a really long wait, almost 7 years! For an investment, that's a huge commitment. Kya aap itna wait kar sakte ho?
Brand value theek hai, but delivery delays ki stories bhi bahut suni hain. Jaise OP ne bataya, ek baar dhoka mil jaye toh next time bahut careful rehte hain. Meri family ne ek project mein invest kiya tha Badshahpur ke paas, possession 2 saal late mila.
M3M Gurgaon mein toh kaafi projects time pe diye hain. Maybe Mohali mein bhi track record theek ho? But uske liye research karni padegi. Price tag toh definitely scary hai.
Bhai, 8-10 Cr Mohali mein? Itna high ticket size toh Gurugram mein bhi darr lagta hai. Investment ke liye toh bahut soch samajh ke lena padega. Resale market ka point bilkul sahi hai, kya koi itni luxury property lega Mohali mein? Main bhi same situation mein hoon, loan pre-approved but phir bhi nervous.
I agree with your point about resale liquidity. Mohali is growing fast, especially around the Airport Road side, but this price range is for a very niche market. What if the demand isn't there when you want to exit?
Sahi kaha, itna paisa daal ke agar stuck ho gaye toh mushkil ho jayegi. Rental yield ka bhi problem hai. Gurgaon mein toh phir bhi high-end rentals mil jaate hain but Mohali ka kya scene hai?