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Abhishek Chopra
NRI trying to buy property remotely — this is hard
₹1.74 Cr for Lion Green Valley 2BHK feels like a lot for an under-construction project. I'm in Dubai, eyeing Lion Green Valley for investment. Builder ka delivery track record kaisa hai? On-time possession mil jaati hai kya? Remote investor hoon, site visits mushkil hain. Pre-launch se ab tak kitna appreciation hua hai? What's the realistic capital appreciation potential? Rental management bhi ek concern hai.
#gurgaon-investment#project-delivery#nri-investor#capital-appreciation#rental-management
Comments
Dekho, U1, investment perspective se, remote buying has its own risks. Lion Green Valley ka price thoda inflated lag raha hai, aur builder delays are a common issue. Appreciation potential is there in Gurugram, but for under-construction projects, it's tied directly to timely delivery. For rental management, you'd need a reliable local agency, which again, eats into your returns. Maybe explore some ready-to-move options in slightly less premium but well-connected areas for better peace of mind.
U10 ki baat sahi hai. Rental management remote se bahut headache hai. Maine bhi try kiya tha, but local presence ke bina it's tough to manage tenants, maintenance aur repairs. Aisa na ho ki investment ban jaaye liability.
Toh finally kya decision liya bhai?
U5, location is decent, but that price point for an under-construction 2BHK is pushing it. The official possession date is Feb 2024, as per RERA GGM/351/83/2019/45, but I've heard from people on other forums that there are significant delays. Gurugram market mein abhi buyers cautious hain, itna high appreciation expect karna mushkil hai for delayed projects.
Agar delivery itni late ho rahi hai, toh capital appreciation kaise expect karein? U1 ka point valid hai, builder ka track record bahut matter karta hai. Late possession means lost rental income and holding costs.
U7, you're right. My friend booked a flat with the same builder in another project, aur unko bhi 1.5 saal ka delay mila hai. They keep giving excuses. Remote se toh aur bhi mushkil hoga follow-up karna. I wouldn't bet on on-time possession.
Feb 2024 ki date toh paper pe hai, but ground reality kya hai? Airport Road side ke projects mein bhi bahut delays chal rahe hain. Kisi ko exact status pata hai kya site ka?
But isn't Lion Green Valley in a good location? Near to the upcoming infrastructure? Maybe that's why the price is a bit high. Any thoughts on the potential once it's fully developed?
Bhai, 1.74 Cr for a 2BHK in Lion Green Valley is definitely on the higher side, especially for an under-construction project. Yeh price toh ready-to-move projects ka hona chahiye Gurugram mein. Be cautious!
Haan, sahi keh rahe ho. Mera bhi ek experience raha hai Badshahpur ke paas ek project mein. Builder ne possession date do baar extend kar di thi, aur amenities bhi compromise kar di. Remote investor ke liye toh aur headache hai. Site visits ke bina, you're relying completely on what they tell you.
Totally agree! I was also looking at this project. Builder ka track record is very important. Have you checked their RERA number GGM/351/83/2019/45? Often, what's promised on paper is very different from reality.
₹1.74 Cr for Lion Green Valley 2BHK feels like a lot for an under-construction project. I'm in Dubai, eyeing Lion Green Valley for investment. Builder ka delivery track record kaisa hai? On-time possession mil jaati hai kya? Remote investor hoon, site visits mushkil hain. Pre-launch se ab tak kitna appreciation hua hai? What's the realistic capital appreciation potential? Rental management bhi ek concern hai.