A
Anika Reddy
posted on 4 AprNoida mein ghar lena...ab samajh nahi aa raha!
Visited a couple of under-construction projects in Sector 126 last week. Honestly, I'm confused. ATS Infrastructure ka ek project dekha, looks good on paper. But RERA mein toh bahut stories hain about delayed possessions. My parents keep saying ready-to-move lo, less risk. But EMI vs rent ka calculation match nahi ho raha! Is it worth paying extra for peace of mind? Has anyone else faced this confusion?
#under-construction#possession-delay#emi-vs-rent#sector-126#first-time-buyer
Comments
So, what did you decide? Ready-to-move or under-construction? Which project are you leaning towards now?
Ultimately, it comes down to your risk appetite and financial situation. If you can afford ready-to-move, go for it. Otherwise, do thorough research on the builder and the project before investing in under-construction.
Don't forget to negotiate with the builder! They are often willing to offer discounts, especially on unsold inventory. Every rupee counts!
Possession status kya hai RERA mein? Check the quarterly updates filed by the builder. That will give you a clearer picture of the progress.
Rising interest rates are making it even harder to decide. EMI burden is increasing. Maybe wait a few months and see if the market cools down?
That's a gamble, U4. Prices might go up even further. It's a tough call.
True. Market is unpredictable. But interest rates are definitely a concern.
I am also looking in sector 126, I saw one project by Jaypee, any thoughts on that?
Jaypee? Run far away!! Their history is well known. Stick to established builders with good financials.
I bought in Sector 78 three years ago. Prices have almost doubled since then. Noida is a good investment, but do your research before you jump in.
Bhai, this builder has 3 delayed projects in Noida itself. Be very careful. Check consumer forums for complaints.
Which builder are you talking about specifically?
Haan, naam batao yaar! It will help everyone.
Noida-Greater Noida Expressway is getting congested these days. Factor in travel time if you're planning to commute to Delhi daily.
Sector 126 mein prices are quite high these days. Is it really worth it? Have you considered other sectors like 143 or 150? You might get a better deal there.
Which floor and unit are you looking at? Corner units tend to be more expensive, but they also have better ventilation and views. Just a thought.
ATS ka developer reputation is alright, but delays are common. Check their financial stability also, that's a big factor now with so many builders struggling.
Exactly! Financial health is key. Look for builders with strong backing and a good track record of delivering projects on time.
Don't forget to factor in registration charges and other hidden costs. They can add up to a significant amount. Budget carefully!
True that! Stamp duty and registration can easily add a couple of lakhs to the total cost. Be prepared!
Ready-to-move is definitely the way to go. Peace of mind is worth the extra cost, especially if you're planning to live there yourself. Rent dete dete thak jaoge, and then delayed possession ka tension alag se!
Easy for you to say! Not everyone has the budget for ready-to-move. EMI is already a huge burden, upar se extra interest kaun dega?
U5 is right. Ready-to-move ka price inflated hota hai. Under-construction mein potential appreciation zyada hai, if the builder is reliable.
I agree with U4, paying rent is like throwing money away. At least with EMI, you're building equity. But yeah, budget is a big factor.
Mera bhi same experience tha 2 years ago. I was looking at a project in Sector 150. Show flat toh bahut acha dikhaya, but when I checked RERA records, I saw several delays. Ended up buying in Sector 75, ready-to-move. No regrets!
RERA registration number check karo. And also, visit the project site multiple times. Talk to existing residents if possible. Don't just rely on what the builder tells you.
Good point, U9. Site visits are crucial. Builders often hide problems in the show flat. Real site condition dekho.
Haan, and check for amenities completion. I made that mistake. Booked a flat thinking the swimming pool would be ready soon, still waiting!
Bhai, I feel you! Noida mein ghar lena is like navigating a maze. ATS ka naam toh suna hai, reputation mixed hai. Ready-to-move is safer, but definitely more expensive. EMI vs rent is a tough one. I'm also stuck in the same boat.
Totally agree with U1. Under-construction projects are tempting because of the price, but the risk of delay is real. RERA helps, but it's not a guarantee. Check the builder's past projects carefully before investing.
Sector 126 is a good location, but ATS... hmm. Which project exactly are you looking at? Maybe someone here has experience with that specific one.