Mohali amenities often don't deliver long-term value
Been looking at Mohali properties for a while now, trying to find something decent for investment. I'm based in Dubai, so it's super hard to do site visits myself. I'm relying a lot on what I hear from agents and online, but you know how that goes. I'm worried about getting a property that looks good on paper but has issues later. Specifically, I'm thinking about construction quality. Godrej Air looks good in brochures, but what's the ground reality after a year or two? Do people see cracks, seepage, or fitting problems? Also, how about promised amenities? Do clubs and gyms actually get used, or are they just for show, adding to maintenance costs without much benefit for resale or attracting good tenants? Maintenance charges can really eat into ROI, so I want to know if the service quality makes it worth it. Has anyone bought there or nearby and seen these issues? Or is it generally fine? Need some honest opinions.
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My friend bought a flat in a reputed builder's project in Badshahpur a few years back. The initial pictures looked amazing, but within two years, internal seepage started, and the paint peeled off. The builder's response was super slow. It's not just Mohali, this is a general issue with many projects, especially when developers cut corners.
Can someone confirm the RERA number for Godrej Air? I want to check its status on the RERA website. Also, what's the exact possession date mentioned in the documents? It's crucial for tracking progress.
Thanks for sharing the RERA numbers, U9! That's super helpful. For a project with a 2029 possession, do you think the price appreciation will be good, considering how volatile the market can be?
Sure, the RERA numbers are GGM/302/2018/34, GGM/303/2018/35, GGM/300/2018/32 DATED 07.12.2018, and GGM/301/2018/33. Possession is listed as 2029-01-01. Check the RERA portal for more details.
Godrej Air ka price range ₹1.8 Cr se ₹5.0 Cr hai. For that kind of money, I expect top-notch quality and all amenities fully functional, not just on paper. Is the resale value really strong enough in Mohali to justify such high prices if amenities are just for show?
The current market conditions in Gurugram and surrounding areas are tricky. High prices, but buyer confidence is still a bit shaky. If a project like Godrej Air doesn't deliver on its promises, it will definitely impact its standing and future appreciation.
Resale value will definitely take a hit if promised amenities are not delivered or are poorly maintained. I saw a project in Basai where the clubhouse was built, but never opened due to some dispute. Imagine paying for that!
Exactly! 1.8 Cr is a huge amount for a first-time buyer like me. If the amenities don't add value, then it's just a waste of money that could go into the principal or better interior work.
This is so relatable! As a first-time buyer, my biggest fear is getting stuck with a property that looks good but has hidden issues. Especially with construction quality, cracks and seepage are a nightmare. How do we even verify these things when we're not local?
Yaar, this is exactly my worry. Godrej Air ka brochures toh kamaal lagte hain, but ground reality ka kya? My cousin bought in Baharampur Naya and the club house was supposed to be ready in 6 months, abhi 2 saal ho gaye, bas swimming pool mein paani bhara hai, that's it. Maintenance charge pura lete hain. Mohali mein bhi same scene hai kya?
Same pinch! Mera ek dost Godrej Air mein invest karne ka soch raha tha, but jab usne site visit kiya, he found out ki amenities ka work abhi tak start bhi nahi hua hai properly. Bas drawings hain. Aur 2029 tak kya hoga, kaun jaane.
Absolutely! I've heard similar stories. My friend got a flat near Airport Road (Gurgaon side) and the 'world-class gym' they promised is just two treadmills and a broken elliptical. Maintenance is still high. It's a real scam sometimes.
Sahi keh rahe ho bhai. Mohali mein yeh common hai. Godrej Air ka possession date 2029-01-01 hai, abhi toh bahut time hai. Builders promise a lot but deliver half-heartedly. Construction quality check karna bahut mushkil hai remote se.