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Aniket Sood
posted on 13 MayMohali investment: DLF Privana West ROI concerns
Been tracking DLF Privana West for a while now. I'm based in Dubai, so site visits aren't easy. What's the capital appreciation forecast here? Is the resale market liquid? What's DLF's delivery track record for Mohali projects?
#dlf-privana-west#mohali-investment#roi-potential#project-delivery#resale-market
Comments
Dekho, current market conditions Gurugram mein definitely favour premium properties, but 2031 is a long time. While DLF is a big name, the sheer number of units (795) means liquidity *could* be an issue later if everyone tries to sell at once, especially with such a high price point. For first-time buyers, maybe a smaller project with a shorter timeline, even if it's slightly away like in Baliawas or Basai, would be
Just checked the RERA number: GGM/819/551/2024/46. This is a Gurugram RERA number, not Mohali. Is this project even in Mohali or is it on the Gurugram side like near Airport Road? That changes things completely for ROI and market dynamics. Also, 2031 possession date is a long wait, especially for a first-time buyer with a tight budget.
Gurugram mein itna wait? No thanks.
That's a huge clarification! Gurugram mein ₹7.8 Cr to ₹12.3 Cr is a different ball game compared to Mohali. My budget would definitely not allow for that, even if the appreciation is good. Thanks for pointing that out.
Yes, you are right! DLF Privana West is actually in Sector 76, Gurugram, not Mohali. The original poster might have been misinformed. This significantly impacts the 'Mohali investment' aspect. Gurugram's market is different, with higher appreciation potential but also higher entry barriers. Resale market in Gurugram is generally more liquid for premium properties, but a project with 795 units might face competition during resale down the line.
Honestly, DLF ka track record Mohali mein utna solid nahi hai jitna Gurugram mein. Mere ek friend ne pehle ek project mein invest kiya tha, possession date pe delivery nahi hui. Bahut pareshaan hua tha. For this price, I'd rather look at something ready-to-move ya near completion, maybe even in Badshahpur side if Gurugram is the goal. Long wait periods are always a red flag for first-time buyers.
Haan bilkul. Builders always delay. Phir interest bhi bharna padta hai.
Dekho, bade builders jaise DLF, they eventually deliver. Thoda delay toh hota hi hai, but they have the RERA backing and reputation. That said, Privana West ka 2031 possession date is indeed far, and the original poster might be confusing its location as Mohali when it's Gurugram.
Jaise aapne bataya, delays are a big concern. Kya aapke friend ka experience DLF ke kisi Mohali project se hi tha? Ya Gurugram side? Kyunki builder ka track record locality-wise bhi vary karta hai.
Bhai, Privana West ka price range suna hai? ₹7.8 Cr to ₹12.3 Cr! Mohali mein itna laga ke ROI kitna expect kar rahe ho? Mujhe toh bahut risky lag raha hai, especially for a first-time buyer like me. Is it really worth it?
Totally agree with your point. Budget toh hil jaayega itni price mein. ROI ka toh pata nahi.
Sahi keh rahe ho. Mera ek friend ne pehle DLF ke ek project mein invest kiya tha, Gurugram side pe, near Airport Road. Unko bhi kaafi delays face karne pade the, almost 2 saal late mila possession. For these prices, as a first-time buyer, you want some peace of mind. Yeh toh kaafi risky proposition lag raha hai.
Exactly! Aur upar se possession date hai 2031-12-01. Itna lamba wait, aur Gurugram RERA (GGM/819/551/2024/46) dikha raha hai, not Mohali. Ye project Gurugram mein hai, Mohali mein nahi. Itna high ticket item for a project so far out, that too in Gurugram, for a first-time buyer? Bahut soch samajh ke decision lena. Market conditions 2031 tak kitni change ho jaayengi, kaun jaanta hai.
Been tracking DLF Privana West for a while now. I'm based in Dubai, so site visits aren't easy. What's the capital appreciation forecast here? Is the resale market liquid? What's DLF's delivery track record for Mohali projects?