Mohali maintenance charges are a hidden ROI killer
Since last year, I've been tracking project deliveries in Mohali, and honestly, the maintenance charges are a big red flag for investors. Everyone hypes up fancy amenities like a huge clubhouse or infinity pool, but nobody talks about the actual costs post-possession. Kya fayda if they're ₹8-10 per sqft and services are average? I've seen this pattern before; initial promises for high-end projects, then builder hands over to an RWA that struggles to maintain. This directly hits my ROI, affecting tenant attraction and resale value. Like, for a 2000 sqft flat, that's ₹20k a month just for maintenance! Is it even worth it for amenities that only look good on brochures? Disagree? Tell me why.
Comments
Yaar, totally agree with you! This is exactly my biggest fear. I'm eyeing a property but the numbers just don't add up after factoring in these insane maintenance charges. Even for a project like Trump Tower 2, which is supposed to be premium, I'm worried about the long-term outgo. ₹7.9 Cr minimum price and then ₹20k a month extra? Mera toh budget hil jayega. It feels like a bait-and-switch where they show you all the fancy stuff but hide the ongoing expenses.