Mohali builders never budge on price, and here's why
My flight to Dubai is in 3 weeks, and I still haven't locked anything down for Mohali investment. I'm based here, so site visits aren't easy; I'm relying heavily on community insights. I'm looking at a 3BHK, maybe in Sector 91 or 92, possibly from MRG Group. My agent says negotiation on new projects is super tough, maybe 2-3% max. Is that realistic? I'm wondering if a secondary market deal allows for much more negotiation, especially since I can't be there to haggle. Also, for an investor, is a construction-linked plan always the smartest play? I'm worried about getting stuck if construction slows. Would a bigger upfront down payment give me more leverage or better terms, even if it ties up more capital? Looking for maximum ROI and clarity on the actual all-in cost.
Comments
Bhai, 2-3% negotiation on new projects is standard, maybe even optimistic for good builders. MRG ka track record Mohali mein theek hai, but demand bhi high hai wahan. Secondary market mein shayad thoda scope milega but not much on prime properties.
Totally agree! I tried to negotiate for a 2BHK near Badshahpur last year, builder didn't budge even 1%. They said 'take it or leave it'. Mohali mein bhi same haal hoga,