My Faridabad luxury investment dilemma: Goyal's future liquidity
Since I started tracking Faridabad's premium segment, Goyal Luxury Floors has been on my radar. It's an upcoming project, and ₹2.65 Cr is a significant commitment. I'm assessing the under-construction risk. What's Rahul Mangla's actual delivery track record for luxury floors? Delays can impact ROI drastically. Also, at this price, I'm comparing its implied per sqft with other established luxury floors nearby. Is the current valuation justified, or is there a premium for being 'upcoming'? What do comparable sales data suggest? My main concern is exit liquidity in 5-7 years. Who's the likely buyer for a 2.65 Cr floor in Faridabad then? Is the end-user base strong enough to support a healthy secondary market, or will it be mostly investor-driven? Insights on their past deliveries or market sentiment would be appreciated.
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Since I started tracking Faridabad's premium segment, Goyal Luxury Floors has been on my radar. It's an upcoming project, and ₹2.65 Cr is a significant commitment. I'm assessing the under-construction risk. What's Rahul Mangla's actual delivery track record for luxury floors? Delays can impact ROI drastically. Also, at this price, I'm comparing its implied per sqft with other established luxury floors nearby. Is the current valuation justified, or is there a premium for being 'upcoming'? What do comparable sales data suggest? My main concern is exit liquidity in 5-7 years.