My first investment, now feeling stuck with an upcoming project
Since last year I've been eyeing Codename Tathwade for investment. Pre-launch se price kaafi badh gaya hai, ab around ₹78L se start ho raha hai. Capital appreciation toh dikh rahi hai, but honestly, I'm super nervous about the under-construction risk. Builder ka track record kaisa hai in terms of delivery? Kahin huge delays na ho jaayein, ya phir possession mein OC issues na aayein. My parents keep saying upcoming projects mein risk bohot hota hai. Agar project late hua toh mera ROI toh bigad jayega. Has anyone here invested in their previous projects? Did they deliver on time without major headaches? Also, resale potential for such projects after 3-4 years, will it be liquid enough to exit? Ab samajh nahi aa raha, should I go for it ya wait karoon...
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Totally relate yaar! I'm also a first-time buyer and the thought of investing in an under-construction project like Codename Tathwade gives me chills. The price jump is tempting for capital appreciation, but what if the builder delays? That's my biggest fear, especially when parents keep warning about these things.
Sahi kaha aapne, bhai! Mera ek friend Amanora Park Town mein ek project mein phasa tha, builder ne 2 saal late kar diya. Uska pura financial planning bigad gaya.