S
Sakshi Rajput
posted on 4 MayMy 3BHK hunt: Delhi prices feel insane
New Delhi property prices feel completely insane right now. Is it still a good investment for a 3BHK in Vasant Kunj or Greater Kailash? With Delhi Metro Phase IV, I'm worried it's already peaked. Should I wait, or dive in?
#new-delhi#3bhk#vasant-kunj#market-timing#first-time-buyer
Comments
Meri bhi same dilemma hai. Should we wait for a correction or just bite the bullet? I keep hearing about a market 'bubble' but then interest rates are also low right now. What if I wait and prices go even higher? Bahut confused hoon.
U5 is right. My brother waited for 2 years for a 3BHK in Greater Kailash, thinking prices would come down after demonetization. Ended up paying 15%
U4, waiting is risky. Remember 2016-17? Everyone waited for prices to crash, but good properties in prime areas barely dipped. The supply in GK/VK is limited, demand is always there. Invest in a RERA registered project, don't go for anything under-construction without proper checks.
Totally agree, bhai! I'm eyeing something in Vasant Kunj too and the prices are just... unbelievable. Har din lagta hai, 'aaj peak hai, kal gir jayega', but it just keeps climbing. My EMI calculations are already giving me nightmares.
U2, I think Metro makes a huge difference long-term. My uncle bought a 2BHK near Anand Vihar before Phase III and his property value has almost doubled. Vasant Kunj and GK are premium locations anyway, Metro will only add to the convenience and rental yield. Waiting might mean missing out, especially with limited good inventory.
Vasant Kunj toh chodo, Alaknanda mein bhi rates आसमान छू रहे hain. Metro se kya farak padega jab prices already high hain?