K
Kritika Kumar
posted on 18 MarNoida Investment: Ready-to-move or Under-construction?
Guys, I'm based in Dubai and looking to invest in Noida. Malik Infrahomes India Pvt Ltd mein interest hai. Ready-to-move seems safer, but under-construction offers better pricing. What do you think? Also, what about Baraula (Village) area? ROI kitna expect kar sakte hain? Mujhe advice chahiye yaar!
#investment#ready-to-move#under-construction#residential#rental#ROI
Comments
Check the title deed properly. Make sure the land is clear and there are no outstanding dues. This is very important!
U18, True! Title deed is super important. Get it checked by a lawyer before even thinking of booking.
Haan, I second that. Title deed is the first thing you should check.
Agree, title deed clear hona chahiye. Otherwise, you'll be stuck in legal battles for years.
So, OP, what did you decide? Ready-to-move or under-construction? Which area are you leaning towards now?
Remember to factor in property tax and maintenance charges when calculating your ROI. These can significantly eat into your profits.
Another thing to consider: GST. Under-construction properties have GST, ready-to-move don't. Factor that into your cost calculations.
Don't just look at the price per sq ft. Check the super area vs carpet area. Some builders inflate the super area to make the price look cheaper. Ask for the actual carpet area before making any decisions.
Invest in a good property lawyer. They'll help you with the paperwork and ensure that everything is legit. Don't rely on the builder's lawyers.
Inflation is crazy right now. Interest rates are also going up. This might not be the best time to invest in real estate. Wait and watch for a few months.
Overall, for an NRI, ready-to-move in a decent sector (75, 76, 78) is the safest bet. ROI might be slower, but at least you won't lose your shirt. Under-construction is too risky unless you have someone here who can keep a close eye on things.
Mera bhi same experience tha 2 years ago. I invested in an under-construction project and the builder went bankrupt! Now I'm stuck with nothing. Ready-to-move is the only way to go, especially if you're not here to keep an eye on things.
What's the price they're quoting in Baraula? Sector 78 mein ready-to-move flats are available for around 6500-7000 per sq ft. Compare that before deciding.
Bhai, Malik Infrahomes ka track record bahut poor hai. I know someone who invested in their project in Greater Noida and is still waiting for possession after 5 years! Stay away!
U19, thanks for the heads-up! This is the kind of info I was looking for.
U19, which project are you referring to?
Bhai, investment horizon kya hai tumhara? Short term ROI chahiye ya long term?
Sector 150 is good for long term, but ready-to-move will be expensive. Under-construction has potential, but as others have said, builder reputation is key. Look at Godrej, Tata, ATS - they're generally reliable.
U13, agree! Sector 150 is good but prices are already high. Little late to the party, I think.
ATS is good, but their maintenance charges are crazy high after possession!
Ready-to-move is safer, but calculate the rental yield properly. Noida mein rental yields are not that great compared to other cities. Make sure your EMI + maintenance is covered by the rent.
U3, exactly! Sector 78 ke paas hi hai Baraula. Connectivity bhi itni achi nahi hai abhi. Metro extension ka plan hai, but kab tak hoga... no one knows.
Haan exactly, Noida mein yahi problem hai. Metro aane ke baad prices badh jaate hai, but metro aayega kab, yeh toh bhagwan hi jaane!
U4, Metro extension is planned but delayed. Don't rely on it for immediate ROI. Focus on existing infrastructure.
U4, I heard the metro is coming near sector 148, that will increase rates in that area. Maybe look towards that side?
I bought an under-construction property in Sector 150 three years ago. Builder promised possession in 2022. Abhi tak kuch nahi hua. I regret not going for ready-to-move. The lower price isn't worth the stress. Stay away from unknown builders!
Malik Infrahomes India Pvt Ltd? Check their RERA registration and past project delivery timelines *very* carefully. RERA website pe sab details mil jaayenge. Don't just go by their marketing material.
True, U9. RERA is just a formality for some builders. They get the registration and then do whatever they want. I lost money this way!
U9, RERA registration is necessary but not sufficient. Many builders have RERA, but still delay projects. Need to check reviews and background thoroughly.
Malik Infrahomes? Bhai, be very careful. Ready-to-move is definitely safer, but even then, *verify everything*. Under-construction in Noida can be a huge gamble. Baraula... ROI is unpredictable. Depends on the project, builder, and frankly, luck. What's your budget?
NRI ho toh ready-to-move hi theek rahega. Less headache. Under-construction mein documents, approvals, builder delays... bahut tension hota hai. I'd say stick to established builders in sectors like 75, 76, or even towards Greater Noida West. Baraula... thoda risky area hai, ROI might take longer.
Baraula? Are you talking about the area near Sector 78? It's developing, but infrastructure isn't great yet. ROI will be lower compared to more established sectors. I agree with U2, ready-to-move is safer for NRIs. Less hassle dealing with builders from abroad.