My honest take on Manglam Shagun City Center's risk

Noida Extension keeps coming up. I'm so fed up of renting, finally crunching the EMI vs rent numbers. Manglam Shagun City Center looks interesting. But I'm really concerned about the builder's financial health. Is there a risk of projects stalling? And what about their RERA compliance? Heard some stories...

#noida-extension#manglam-group#financial-risk#rera-compliance#first-time-buyer

Comments

Subhash Bose5 May

Manglam Group ka naam sunte hi darr lagta hai. Jaipur mein inke do projects toh aise latke hue hain ki poochho mat. Ek friend ne Alistonia Estate mein book kiya tha Noida Extension mein, uski toh neend ud gayi hai. Builder ne bola tha 2 saal mein possession, ab 4 saal ho gaye hain. Financial

Ganesh Kumar4 May

Yaar, I also saw Manglam Shagun City Center, location wise it looks good, especially with the upcoming metro connectivity. But yes, RERA compliance is key. Any idea if they have all approvals for this specific project? Kabhi kabhi builders sirf ads dete hain, actual paperwork pending hota hai.

vijay.wadhwa.pqr5 May

U2, maine RERA site pe check kiya tha. Manglam Shagun City Center ka RERA registration number UP RERAPRJXXXXXX hai. Approvals toh dikh rahe hain, but project completion date seems a bit far off, which makes me nervous. And U3, paperwork wise, RERA number does mean basic approvals are in place, but delays are still possible.

sunita_das4 May

Exactly! Mere friend ke saath hua hai Ghaziabad mein, RERA number tha but project delay ho gaya. So just having a number isn't enough.

Ayesha Ali4 May

Bhai, Manglam Group ka track record Jaipur mein bhi bahut mixed raha hai. Noida Extension mein toh competition hi itna hai. Builder ki financial health check karna bahut zaroori hai, especially for first-time buyers like us. RERA site pe details dekhi hain kya?

Amrita Brar4 May

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