H
Harkirat Dulai
posted on 5 MayNext Gurugram investment: Is this the one?
Since last year I've been tracking DLF Independent Floors at City Phase I and III. Pricing is quite high, around 4.5 Cr se shuru. I'm looking at it purely for investment, from my experience Gurugram mein high-ticket properties ka resale thoda tricky hota hai. DLF ka delivery track record for *these specific* independent floors kaisa hai? Under-construction delays ka risk kitna hai? Aur, secondary market mein liquidity kaisi hai, will it be easy to exit after 5-7 years? Kya capital appreciation expectation rakhni chahiye?
#dlf-city-phase-1#dlf-city-phase-3#investment#resale-value#project-delivery
Comments
Honestly, Gurugram ka market has become so unpredictable for first-time buyers. High-ticket properties are a whole different beast. You need deep pockets and a lot of patience. The resale market for these isn't like your typical apartment. It's more about finding a niche buyer. My advice would be to look at the rental yield too, if investment is the primary goal, but even that might not justify the 4.5 Cr+ price tag.
Gurugram ki growth potential toh solid hai, no doubt. Look at how areas like Baharampur Naya have shot up. But for something starting at 4.5 Cr, the capital appreciation needs to be phenomenal to make it a good 'investment'. What kind of capital appreciation are we realistically looking at for these independent floors in DLF City Phase I/III? Is 8-10% per annum too optimistic?
The liquidity part is what's bothering me the most. Independent floors, especially at this price point, are not as easy to sell as a 2BHK in a popular society. The buyer pool is much smaller. Will it really be easy to exit after 5-7 years, as the original post asks? Or will I be stuck with it, waiting for the 'right' buyer?
I checked the RERA website for this project. It's GGM/547/279/2022/22. The stated possession date is 2025-05-01. Does anyone have any insights on how strictly DLF adheres to these dates for their independent floor projects? I've heard stories about significant delays in other under-construction projects in Gurugram.
Uff, delays again? This is why I'm so nervous about under-construction properties.
True. I'm also wary of construction delays. Remember that project near Basai? The builder kept pushing the date. With only 52 units for these DLF floors, it sounds exclusive, but it also means less pressure on the builder if a few buyers are okay with delays. What's the penalty clause for delays like in their agreement?
Haan, the RERA number is correct, and the possession date is May 2025. But take that date with a pinch of salt. My friend booked in another DLF project near Airport Road a few years back, and they got possession almost a year late. For independent floors, sometimes the finishing work can take longer, especially with only 52 units. Builders can get away with minor delays for smaller projects.
Yaar, I've been eyeing these DLF independent floors too. But 4.5 Cr se shuru? That's a huge commitment for a first-time investor like me. Gurugram mein high-ticket properties ka resale sach mein tricky hota hai. Is it even possible to get good returns with such high entry points, especially for something that's not a full-fledged tower apartment?
High prices are a real concern. Totally agree with the initial post.
Bhai, DLF ka brand value hai, that's for sure. But independent floors are a different ball game. The post mentions tracking *these specific* floors. So, delivery track record for *these* matters more than DLF's overall reputation. Has anyone heard about specific delays for this project? Or is it generally smooth sailing?
Exactly! My thoughts exactly. Even in areas like Badshahpur, jahan thoda affordable options hain, prices are soaring. For 4.5 Cr, you're locking in so much capital. I'm worried about the exit strategy. Who's gonna buy these independent floors easily after 5-7 years if the market slows down?