V
Vineet Jain
posted on 19 MayNRI investor: Sohna's Levante Residences, what's the catch?
My lease ends in 6 months here in Dubai and I'm really pushing to finalize a property back home. I'm looking at Levante Residences in Sohna, but it's upcoming. That makes me nervous about possession delays and the actual total cost of ownership. The listed price is ₹3.25 Cr onwards, but what about stamp duty, PLC, and all the hidden charges? Also, as an NRI, I can't do site visits easily. What's the real 5-year appreciation potential for something still under construction in Sohna? I'd need a property manager, so rental yield is key.
#sohna#nri-investment#upcoming-project#total-cost-ownership#rental-potential
Comments
Levante Residences in Sohna? Bhai, 2032 ka possession date hai! Itna long wait for an 'upcoming' project in Sohna, that too for 3.3 Cr onwards? Mujhe toh bahut risky lag raha hai, especially for an NRI who can't monitor progress. Sohna mein itna appreciation potential dikhta nahi abhi for such a long horizon.
Exactly! My biggest fear is possession delays. Already heard so many horror stories from friends. ₹3.3 Cr is a