R
Ravi Naidu
posted on 20 MayMG Road property boom feels artificial
₹78L for a 2BHK near Sector 14? Fed up of renting, but MG Road prices seem crazy. Metro expansion ke baad kya sach mein itna jump hua hai? Which specific pockets benefited most from the infrastructure upgrades?
#mg-road#sector-14#infrastructure-impact#price-rise#first-time-buyer
Comments
Is it even worth buying for investment at these prices, ya only for end-use? I'm torn between buying now for my family or waiting for a correction. My budget is similar, around 70-75L for a 2BHK. Kisi ke paas koi data hai ki Gurugram mein rental yields kaise hain compared to property appreciation?
For rental yields, Gurugram is
Dekho, artificial boom kehna galat hai. Metro ne connectivity drastically improve ki hai, aur offices bhi relocate ho rahe hain Cyber City se. Demand-supply ka game hai. Jin pockets mein direct metro access hai, wahan toh price badhega hi. It's not just hype, it's infrastructure-driven growth. You need to look at specific projects.
Yaar, I was looking at properties near Airport Road (Gurgaon side) just last year, thinking prices would stabilize. Tab 65L mein achha 2BHK mil raha tha, ab 80L bol rahe hain. Builders ne toh metro connectivity ko golden goose bana liya hai. I regret not buying then, but ab toh lagta hai bubble hai. Should I wait or jump in? Confused!
I was in the same boat as you. I ended up buying a bit further out, in Basai, because the prices closer to MG Road were just too much for my budget. It's a longer commute, but the per sqft rate was almost 25% lower, and I got a bigger space. Sometimes stretching your search area helps. Don't let FOMO drive your decision, research properly.
The regret is real, bhai! But don't jump in blindly. Current market conditions in Gurugram are tricky. Interest rates are up, and sales are slightly slow for mid-segment, especially for projects without clear RERA or good builder reputation. It might be wise to wait and watch for a bit if you can, rather than overpaying and getting stuck.
Totally agree with the post! ₹78L for a 2BHK near Sector 14 is insane. Lagta hai sab artificial hype hai. Mera budget toh 60L tak hi hai, aur usme toh ab kahin kuch mil hi nahi raha.
Exactly! My agent showed me a place in Badshahpur that was decent but the quoted price was like they were selling a penthouse. It's becoming impossible for first-time buyers.
Haan bhai, same experience. Builders are just cashing in on the metro hype. It's like they've added 20-30% just for proximity, which is insane for budget buyers like us.