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Anjali Kapoor
posted on 25 MarNoida investment: Ready-to-move or under construction?
Hey guys, I'm planning to buy my first property in Noida. I'm a bit confused between ready-to-move and under-construction projects. Heard some horror stories about delayed projects. Has anyone experienced issues with under-construction properties lately? Is it still worth the risk for potentially lower prices? My budget is around 80 lakhs, looking at 2BHKs in Sector 112. Also, what do you think about investing near Jewar Airport considering future appreciation? My parents keep saying it's too risky. Kya bolte ho aap log? Which one is better, honestly? Mujhe advice chahiye yaar. What's your take? Also, any experience with Jaypee Greens projects? Thanks!
#investment#noida
Comments
For 80 lakhs, you might find a decent resale apartment in a good society in Sector 7x. Worth exploring!
U1, have you checked the possession status of the projects you're interested in? RERA website is your friend.
So, U1, what are you leaning towards now after all this advice? Ready-to-move or under construction?
Honestly, if you can afford it, go for ready-to-move. Peace of mind is priceless. Especially in Noida, where builder delays are common.
Don't just look at the price, U1. Check the builder's financial health. A lot of projects are stalled because builders are broke.
Jewar Airport is a long-term game. My uncle bought land there years ago, and he's finally seeing some appreciation. But it's not for everyone.
Under construction mein, make sure the builder has all the necessary approvals. NOCs, environmental clearances, everything! Don't just trust their word.
I agree with your parents, U1. Jewar is too risky for a first-time investment. Stick to something more stable.
Sector 150 is also a good option, but it's further away from the city center. Still, good potential for growth.
Sector 112 mein, check out the Supertech projects. Some are ready to move, some are still under construction. But be very careful with Supertech, bahut controversies hain.
My personal experience: Never invest in under construction property from a lesser known builder. Stick to reputed names, even if it costs more.
I think ready-to-move is safer right now, especially with the rising interest rates. EMI burden kam rahega.
Anyone has latest price trends for 2BHK in Sector 112? What's the average rate per sq ft?
U16, last I checked, it was around 6500-7000 per sq ft for a decent 2BHK in Sector 112. But prices are going up due to the new metro line.
6500-7000 is a bit outdated. Expect 7500-8000 now, especially for good projects.
Jaypee Greens... hmm...mixed reviews suni hai maine. Some projects are good, some are delayed. Check their track record carefully before investing. RERA registration number check karna zaroori hai!
Haan, Jaypee ka naam sunke dar lagta hai. So many problems in the past.
I bought a ready-to-move in Sector 75 three years ago. Paid a premium, but peace of mind is worth it. No builder hassles, no waiting. Plus, I could rent it out immediately.
Under construction is cheaper, but you need patience and a strong stomach. My friend invested in a project near Pari Chowk, and the builder has extended the date twice already. LOL!
Jewar Airport is definitely the future, but it's a 5-7 year play at least. If you need immediate returns, look elsewhere. Also, land acquisition issues can still happen.
Hey guys, I'm planning to buy my first property in Noida. I'm a bit confused between ready-to-move and under-construction projects. Heard some horror stories about delayed projects. Has anyone experienced issues with under-construction properties lately? Is it still worth the risk for potentially lower prices? My budget is around 80 lakhs, looking at 2BHKs in Sector 112. Also, what do you think about investing near Jewar Airport considering future appreciation? My parents keep saying it's too risky. Kya bolte ho aap log? Which one is better, honestly? Mujhe advice chahiye yaar. What's your take? Also, any experience with Jaypee Greens projects? Thanks!
Bhai, under construction mein risk toh hai. I invested in 2018 and still waiting for possession! But ready-to-move is expensive, especially in Sector 112. Jewar airport area is good for long term, but don't expect quick returns.
Exactly! Jewar is a gamble, but a potentially big one. Depends on your risk appetite, U1.
U2, which project did you invest in? Just curious to avoid it myself!
80 lakhs mein Sector 112 mein toh mushkil hai. Maybe on the outskirts of 112 or a smaller 2BHK. Have you considered resale? You might get a better deal.
True that, U6. New projects are quoting crazy prices these days.