Hey everyone, I've been looking into 'Manish Luxurious Floors' in Dwarka, New Delhi, for a potential end-user purchase, and wanted to share some thoughts on its resale prospects. This project, developed by Manish Associates, is already completed, which is a big plus for immediate occupancy and avoiding construction delays.
The price range of ₹19.00 L to ₹65.00 L, with an average of ₹4220/Sqft, seems quite competitive for Sector 15, Dwarka. Being in Dwarka, connectivity is generally good, with proximity to Dwarka Mor (1.39 Km) and other areas like Suraj Vihar (0.38 Km). For livability, independent floors often offer a sense of community and more space compared to high-rises, which many families appreciate.
Now, on resale. Given its completed status and location in an established area like Dwarka, secondary market liquidity should be decent. Buyers looking for ready-to-move options, especially independent floors, are always out there. Price appreciation since launch is harder to gauge without historical data, but Dwarka has seen steady, if not spectacular, growth. The 'Rera Not Applicable' status is something to be aware of, though for a completed project, it might just mean it predates RERA or is a smaller development.
My take? Manish Luxurious Floors offers a practical, ready-to-move option in a well-connected part of Delhi. For end-users, it's a solid choice for immediate living. For investors, while Dwarka offers stability, check local micro-market trends for significant appreciation. It's a buy for comfort and convenience, not necessarily for quick, high returns.
