C
Chanda Kumari
Nivaan Grandeur Phase II: Is the investment upside still there?
Budget finalised, loan pre-approved — now stuck on Nivaan Grandeur Phase II for a second investment. My first flat, got possession two months back, so I've seen the ground reality of under-construction projects. I learned to really check builder track records. For Nivaan Grandeur, I'm checking ki pre-launch price se abhi kitna difference hai for the ₹62L–₹1.03 Cr range. Is the upside still good for capital appreciation? Builder ka track record kaisa hai for timely delivery, especially with Phase II being upcoming? Don't want to get stuck with delays again. Also, for a 5-year exit strategy, will there be enough demand in that area? Koi real insights share kar sakta hai regarding past projects? Hope this helps someone else too.
#nivaan-grandeur#pune-investment#capital-appreciation#builder-track-record#exit-strategy
Comments
For a 5-year exit strategy, demand is crucial. The area where Nivaan Grandeur is coming up has good social infrastructure development, but it's still developing. Will enough new buyers be willing to pay a premium in 5 years? That's the main question for capital appreciation. I'd rather look at a more established locality for investment.
Listen, from my experience, always double-check the builder's financial stability too, especially for an upcoming phase with a 2031 possession date. I invested in a project in Anand Nagar once, builder ran into funding issues, and my project got stuck for years. Learned it the hard way. Nivaan Grandeur Phase II has 206 units, that's a lot of inventory to sell and fund.
Yeah, that 2031 date is a huge red flag for me. It's almost 8 years away. Who knows what will happen in 8 years? My first flat also got delayed by 2 years, it was a nightmare managing rent and EMI.
Totally agree with this. Financial stability is key. A long possession date like 2031 means a lot can change. What if the market dips or construction costs rise dramatically?
I'm also looking at Nivaan Grandeur Phase II. The price range of ₹62 L – ₹1.0 Cr seems okay for the location, but what about the actual per square foot rate? Is it competitive with similar upcoming projects in Amanora Park Town or Sinhagad Road? And what's the current market sentiment?
Meri ek friend ne recently Amanora mein dekha tha, rates bahut high hain wahan. Nivaan ki pricing theek hai, but the possession date is 2031-03-01. That's a long wait! Too much uncertainty for me.
The per sq ft rate for Nivaan Grandeur Phase II is around ₹6,500-₹7,500 depending on the floor and configuration. Compare that to Amanora, where it's easily ₹8,000+ for new launches. So it seems competitive, but check amenities.
Current market sentiment is a bit cautious. Interest rates are up, so buyers are taking their time. You might find better deals in ready-to-move-in properties if you negotiate hard.
Hey, I totally get your apprehension. My friend booked in Nivaan's Phase I near Akurdi and faced delays, not super long, but enough to cause stress. Plus, the fittings weren't exactly what was promised. Have you checked their RERA history for past projects?
Akurdi area mein demand toh hai, but for a 5-year exit, you need something exceptional. Nivaan Grandeur is decent, but 'grandeur' wali baat nahi hai. Capital appreciation might be slow compared to other options.
Exactly! RERA number P52100080796 for Phase II is good, but that doesn't guarantee smooth sailing. For Phase I, I heard some people got possession very late, like 6-8 months past the original date. Quality bhi average thi.
Yaar, delays toh har builder ke saath ho rahe hain aajkal. But Nivaan's past projects have a reputation for not just delays but also quality issues. My cousin had a bad experience with their previous project in Ambegaon Budruk.
Budget finalised, loan pre-approved, now stuck on Nivaan Grandeur Phase II for a second investment. My first flat, got possession two months back, so I've seen the ground reality of under-construction projects. I learned to really check builder track records. For Nivaan Grandeur, I'm checking ki pre-launch price se abhi kitna difference hai for the ₹62L–₹1.0 Cr range. Is the upside still good for capital appreciation? Builder ka track record kaisa hai for timely delivery, especially with Phase II being upcoming? Don't want to get stuck with delays again. Also, for a 5-year exit strategy, will there be enough demand in that area? Koi real insights share kar sakta hai regarding past projects? Hope this helps someone else too.