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Shabnam Begum
posted on 19 MayNoida's Branded Homes: Are Prices Worth It?
What do you guys think about these branded residences popping up in Noida? I just watched a video about Porsche and Armani getting into the home building game there. It's all very luxury, obviously. But I'm wondering about the actual value for money. Are these super high prices for the 'brand name' really justified, or is it mostly hype? Does anyone think the premium is worth the amenities and design, or is it just overpriced for Noida?
Comments
My advice would be to look at the builder's track record first, irrespective of the brand name attached. Many builders tie up with big names just for marketing. Check their past projects, possession dates, RERA compliance. Brand name is good, but a solid foundation and timely delivery are more important for a home.
Ugh, as if finding an affordable 2BHK in a decent area wasn't hard enough! Now we have to worry about whether a Porsche home is 'worth it'. My budget can barely stretch to a regular builder!
I think it's a mixed bag. On one hand, the design and quality *might* be superior, and for someone who values that exclusivity and doesn't mind the premium, it could be a lifestyle choice. But for most first-time buyers like us, where every rupee counts, it feels like an unnecessary splurge. The maintenance charges alone for such properties would be astronomical. Plus, what about the hidden costs? Builder-buyer agreement mein kya-kya hidden clauses hote hain, kaun check karega?
Honestly, I'm a bit excited about this! Imagine living in a Porsche-designed home. The amenities, the design, it must be next level. Thoda extra paisa toh chalta hai for that kind of experience, right? It's like buying a luxury car, but for your home.
That's a very valid question about appreciation. Generally, the Noida market, while growing, has a cap on how much a property can realistically appreciate, especially in the mid-to-high segment. These ultra-luxury branded homes are a niche. For investors, the rental yield might be okay, but resale appreciation for such a high premium is highly speculative. For example, the current average price in prime Noida is around ₹8-12k/sqft. These branded ones are quoting ₹25k+ sometimes. The jump is huge, and the buyer pool for resale will be very limited. So, to answer your question, U5, the return on investment for such a high premium is definitely a gamble.
I agree with the point about amenities. My cousin bought in Alistonia Estate, not branded, but they promised top-notch facilities. Initial years were great, but maintenance has become a nightmare. So, just brand name doesn't guarantee good upkeep, right?
But is it *really* like a luxury car? Cars depreciate. Homes are supposed to appreciate. Will these branded homes really give that return?
Bhai, ye toh bas marketing gimmick lag raha hai. Porsche aur Armani ka naam sunke log pagal ho jaate hain, but end mein flat toh wahi brick and mortar ka hi hota hai. Price toh bas brand ka add kar dete hain.
Sahi keh rahe ho. Mera friend Alpha I Greater Noida mein ek project dekh raha tha, same builder ka, but without the 'brand'. Wahan bhi prices high the but still somewhat realistic. Ye branded homes toh seedha 2-3x kar dete hain. Aur baad mein resale value ka kya hoga? Koi second buyer itna premium dega kya? Bahut risky lag raha hai, especially for first-time buyers like us.
Exactly! Upar se Noida mein aisi luxury cheezon ki demand kitni hai? Mujhe toh lagta hai, regular good builders ke projects bhi kaafi hain. Kahaan se justify karenge ye itna premium price?