R
Rajan Acharya
Odeon SSC Society: Resale market liquid hai kya?
Honestly, I think cooperative society projects like Odeon SSC have a unique appeal, but also some hidden risks. I'm looking at Odeon SSC Employees Cooperative Society for my first investment property in Delhi, and my parents keep saying these societies offer good value long-term. But I'm worried about the resale market. Is it liquid enough? Matlab, agar 5-7 saal mein exit karna ho, toh buyer mil jayega easily? Also, capital appreciation kitni expect kar sakte hain? Log bolte hain cooperative projects mein appreciation slow hoti hai compared to commercial builders. Kya yeh true hai ya bas myth?
#odeon-ssc#cooperative-society#resale-value#capital-appreciation#first-time-investor
Comments
Dekho bhai, cooperative society is not always bad. My friend bought in one near Ansal Villas and got a good deal. The key is location and the specific society's reputation. If the society is well-managed and has good amenities, resale value holds. But yes, builder projects generally have better appreciation potential due to brand value and modern construction standards. You have to weigh the initial cost savings against potential future gains.
Haan, if the society is well-maintained and has a strong RWA, that helps a lot with resale. But for a first-time buyer like me, it's hard to gauge all that upfront. What if the RWA isn't good later? These are long-term commitments.
This is a balanced take. I think it comes down to your personal goal. If it's for self-use and you plan to stay long term, and the price is right, Odeon SSC could be a home. But for pure investment with a 5-7 year horizon, maybe look at something else.
I heard from a broker recently that the Delhi real estate market, especially for older properties, is currently favouring buyers. So, if you're looking to sell in 5-7 years, you might face stiff competition unless the property is exceptionally well-maintained or in a prime spot. Capital appreciation might be modest.
For first-time buyers like us, budget is key. If Odeon SSC fits your budget perfectly and you're planning to live there for a long time, say 10+ years, then it might be okay. But for investment and quick exit, I'd be very careful. The 'null' status for the project is also a bit vague, usually RERA details visible hote hain.
Exactly! The 'null' status is a red flag for me too. You need to verify all legal documents thoroughly. Cooperative societies can be tricky with paperwork. Always get a good lawyer to check everything.
My uncle bought in a similar cooperative society near Alaknanda almost 10 years ago. Value has gone up, no doubt, but not at the pace he expected compared to a friend who bought a builder floor in a similar budget. Resale ke liye bhi kaafi time lag gaya unhe jab ek bar sell karna chahte the. Buyers were very specific about what they wanted. So, yes, appreciation can be slower and liquidity can be an issue.
Totally agree with your uncle's experience. Cooperative societies sometimes have complex transfer procedures or NOC requirements from the society itself, which can delay the sale process significantly. Yeh sab small details buyer ko irritate karte hain.
Honestly, I think cooperative society projects like Odeon SSC have a unique appeal, but also some hidden risks. I'm looking at Odeon SSC Employees Cooperative Society for my first investment property in Delhi, and my parents keep saying these societies offer good value long-term. But I'm worried about the resale market. Is it liquid enough? Matlab, agar 5-7 saal mein exit karna ho, toh buyer mil jayega easily? Also, capital appreciation kitni expect kar sakte hain? Log bolte hain cooperative projects mein appreciation slow hoti hai compared to commercial builders. Kya yeh true hai ya bas myth?
Sahi keh rahe ho. Cooperative projects mein entry price usually attractive hoti hai, that's why parents push for it. But resale liquidity is a real concern, especially if you need to exit quickly. Buyers often prefer newer projects or those by big-name developers. I've seen this in Anand Vihar.
Bhai, Odeon SSC ka possession date toh 2015-04-01 hai. It's already quite old for a 'first investment'. Resale mein thoda mushkil ho sakta hai agar building maintenance theek nahi hua toh. Plus, jo log cooperative societies mein invest karte hain, they usually hold for very long term.