Metro Phase IV hype already priced in for Dwarka?
₹1.8 Cr for a 3BHK in Dwarka Sector 15 seems steep, even with Metro Phase IV coming. I'm in real estate myself, but buying for self is a whole different ballgame. Everyone's talking about how infra projects like UER-II and the Metro extension will push prices up. But honestly, is it already priced in for areas like Vasant Kunj or even Dwarka? Builders like Godrej Properties and DLF are quoting high, saying 'future connectivity'. I'm eyeing something around ₹2.5 Cr. My main confusion is, will these projects actually deliver on time? Metro Phase IV ka completion 2025-26 tak hai, but delays to hote hi rehte hain, right? And for UER-II, will it really make areas like Rohini *that* much more attractive for a significant price jump? Kahan pe abhi bhi affordable investment window hai?
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I've been tracking property rates in West Delhi for a while. The average price per sqft in Dwarka Sector 15 is hovering around ₹10,000-₹12,000 for new projects, which aligns with the ₹1.8 Cr for a 1500 sqft 3BHK. But the real question is, how much *more* can it appreciate post-Metro? Vasant Kunj and Anand Niketan already have established infra and are much higher. Will Dwarka ever catch up to
Bhai, Dwarka prices have always been a bit high, but this new jump is crazy. I was looking at a 2BHK there last year for ₹1.2 Cr, now it's ₹1.5 Cr for the same type of unit! Metro Phase IV ka asar toh dikh raha hai, but it feels premature.
Haan, same here. My agent was pushing me for Dwarka saying 'ab nahi toh kab?' for a property near the proposed Metro station. But delays are common, right? What if it gets delayed by 5 years? Then our investment is stuck in a 'future potential' blackhole.
Premature is the word! They're selling us dreams.
Totally feel you on the Dwarka prices! ₹1.8 Cr for a 3BHK feels like a stretch, especially with the 'future connectivity' line. I'm also looking around ₹2.5 Cr and it's so confusing.
Exactly! Builders are hyping up everything. I saw a similar quote in Alaknanda for an older property, saying it's 'prime location future proof' just because a minor road widening is planned. It's like they've already added 20% for projects that are years away, and the current market sentiment in Delhi is already quite cautious. It's frustrating for first-time buyers like us.