H
Hrithik Roshan
posted on 7 MayManglam Luxury Homes delivery dates are pure fiction.
Did a site visit to Manglam Luxury Homes last month and now I'm genuinely worried. Their project delivery track record seems shaky; this phase is already behind schedule. How can I trust their capital appreciation forecasts if they can't deliver on time? I'm eyeing a 3BHK, but this premium needs solid ROI. Anyone else seeing delays impacting investment?
#project-delivery#ghaziabad#investor#manglam-luxury-homes#delays
Comments
Dekho bhai, I understand the frustration, but sometimes these builders do catch up. Before completely writing them off, I'd suggest doing another site visit and talking to people who've bought in their previous projects, if any. Also, check the property appreciation trends in nearby areas like Ahinsa Khand II. It might give a clearer picture if the location itself holds value despite builder issues. Don't just rely on online chatter.
Has anyone here actually tried contacting Manglam directly about these delays or their RERA status? I'm wondering if because they only have 8 units, they're trying to bypass RERA regulations or something. That seems a bit fishy to me. Any insights on this?
Totally relate to this. I had a nightmare experience with a builder in Delhi NCR who delayed my flat by almost 2 years, citing 'market conditions'. Manglam Luxury Homes ki possession date 2026-06-01 hai, but from what I've seen on site, the progress is painfully slow. How can they even promise that date? It looks like a pure marketing gimmick to attract first-time buyers like us. My ROI plans went for a toss last time because of the delay.
That's a valid point about the slow progress. Did you check their previous projects' track record for delays before shortlisting Manglam? Sometimes their past performance is the best indicator of future delivery. Always do your homework.
Exactly! Builders will promise the moon and stars, but when it comes to actual delivery, they're nowhere to be seen. Pure frustration!
Wait, RERA number is 'Not Applicable'? How is that even possible for a project of this scale? Is this common or a red flag?
Oh, so if there's no RERA, does that mean we have zero recourse if they mess up the delivery date or quality? That's quite scary for first-time buyers.
Haan, for projects with less than 8 units, RERA registration is not mandatory. So, technically, 'Not Applicable' is correct here. But that doesn't mean it's not a red flag. It just means you have fewer legal protections if things go south. It's a riskier bet for sure.
Yaar, I saw the original post and felt the same. ₹1.4-1.5 Cr for a 3BHK is a huge investment, especially if the builder can't even stick to their timelines. Manglam ka naam sunke laga tha kuch luxury hoga, par agar delivery hi luxury nahi hai toh kya fayda? My friend faced similar issues with another builder last year.
Absolutely! My cousin booked a flat in Abhay Khand with another builder, and they kept pushing the possession date. Eventually, the capital appreciation was minimal because the project got a bad reputation for delays. It's better to be cautious from the start than regret later. ₹1.4 Cr is no joke!
Sahi keh rahe ho. Ghaziabad market mein ab competition bahut hai, aur buyers smart ho gaye hain. No one wants to put their hard-earned money in a project with uncertain delivery. This kind of reputation spreads fast, especially with such high prices.