My take on Vamana Riseonic: Checking the builder's track record
Hey everyone, I've been looking into Vamana Riseonic, an upcoming project in Chandigarh, and wanted to get some community thoughts, especially regarding the builder. It's being developed by the Dhir & Vamana Group, a joint venture with Dhir Constructions, and their profile mentions a commitment to quality and innovation in construction. This project, spread across 6.58 acres, is priced between ₹3.24 Cr and ₹5.01 Cr, with an average of ₹10185 per sqft. The RERA ID is PBRERA-SAS80-PR1350, which is good to see. For an upcoming development at this price point, we're definitely looking for premium lifestyle and practical livability. But with any new launch, the builder's track record is paramount. My main question is about the Dhir & Vamana Group's past project deliveries and overall customer reputation. Have any of you had experience with their previous ventures, or heard feedback on their quality of construction and after-sales service? What's your take on their credibility? It's crucial to understand if their stated commitment translates into actual end-user satisfaction before committing to a project like Vamana Riseonic. Given it's upcoming, we can't judge actual possession experience, but insights into their past work would be invaluable for anyone considering this opportunity. My actionable takeaway: thoroughly research their previous projects' completion timelines and resident reviews before making any decisions.
Comments
Honestly, for an upcoming project with a 2031 possession, and the builder having '0 projects' under the Vamana Group name, I'd strongly advise caution. Even if Dhir Constructions is reputable, the new entity has no track record. It's too much money to take a chance on. I'd rather wait for a project that's either closer to completion or by a builder with a solid, recent history of on-time delivery and quality in the residential segment.
I checked the RERA ID PBRERA-SAS80-PR1350. It shows Vamana Group as the promoter, but doesn't detail the 'Dhir' part of the JV clearly in the main promoter section. This ambiguity itself is a bit unsettling. As first-time buyers, we rely on RERA for transparency, and this feels a bit opaque. Has anyone managed to get more details on the JV structure or Dhir's role?
U9, I asked a broker about this. He said Dhir is more of a 'land partner' or 'construction partner' in these JVs, not always a full co-promoter on RERA for every project. Still, it makes due diligence harder. I'd want to see their past project completion certificates and actual resident feedback, not just marketing brochures.
U9, I noticed that too! It's like they're trying to leverage Dhir's name without fully committing it on paper. This is a classic tactic. Builders often do this to dilute responsibility if things go south. Be very, very careful.
The price per sqft at ₹10185 is quite high for an upcoming project, even in New Chandigarh. For that kind of money, you expect a proven builder. With a possession date of 2031, there's a lot that can go wrong. I'd be very cautious about booking without seeing a solid portfolio from *both* partners in the JV.
Haan, U5, the price is definitely a concern. I saw similar projects in Manimajra by established builders offering better value or at least more certainty. For ₹3.2 Cr, I need peace of mind, not just a RERA ID.
U5, I'm a bit worried about the market conditions too. Property prices in Chandigarh have been fluctuating. What if the market dips by 2031? It's a long wait, and tying up so much capital with an unproven builder feels like a gamble.
Sahi keh rahe ho U5. Market mein already itne options hain, why risk with a relatively unknown entity? Especially when you're shelling out crores. This is not like buying a small plot, it's a full-fledged luxury apartment.
U1, thanks for starting this thread. I'm also eyeing Vamana Riseonic, but the 'total projects: 0' for Vamana Group on the RERA site is a huge red flag for me. How can a joint venture claim extensive experience if one part has zero projects? It makes me really nervous. Does anyone know Dhir Constructions' individual track record? Are they reliable?
U2, Dhir Constructions has done some commercial spaces, I think. But residential? Especially luxury like this? I'm not sure. This is a huge investment, 2031 possession date bhi bahut door hai. We need solid proof of their quality and delivery.
U2, totally agree! Zero projects is a big risk for such a high price point, ₹3.2 Cr toh minimum hai. I've heard mixed reviews about Dhir Constructions from some older projects in Mullanpur Garibdass, mostly about delays. Nothing concrete though, just word of mouth.
Hey everyone, I've been looking into Vamana Riseonic, an upcoming project in Chandigarh, and wanted to get some community thoughts, especially regarding the builder. It's being developed by the Dhir & Vamana Group, a joint venture with Dhir Constructions, and their profile mentions a commitment to quality and innovation in construction. This project, spread across 6.58 acres, is priced between ₹3.24 Cr and ₹5.01 Cr, with an average of ₹10185 per sqft. The RERA ID is PBRERA-SAS80-PR1350, which is good to see. For an upcoming development at this price point, we're definitely looking for premium lifestyle and practical livability. But with any new launch, the builder's track record is paramount. My main question is about the Dhir & Vamana Group's past project deliveries and overall customer reputation. Have any of you had experience with their previous ventures, or heard feedback on their quality of construction and after-sales service? What's your take on their credibility? It's crucial to understand if their stated commitment translates into actual end-user satisfaction before committing to a project like Vamana Riseonic. Given it's upcoming, we can't judge actual possession experience, but insights into their past work would be invaluable for anyone considering this opportunity. My actionable takeaway: thoroughly research their previous projects' completion timelines and resident reviews before making any decisions.