India's First Real Estate Community
By PANCHSHEEL GROUP
Govindpuram, Govindpuram, Ghaziabad
Panchsheel Apartment — I'm honestly so frustrated with the constant delays on this project. Booked my unit almost three years ago, expecting possession by last year end, but we're still waiting. They just keep pushing dates, citing RERA extensions and other excuses. My ₹80L investment is just stuck, not generating any income. I was counting on at least a 4-5% rental yield and some decent capital appreciation. This directly impacts my calculated ROI, you know? What's the actual resale market like for delayed projects in Ghaziabad? Is there even a liquid secondary market for these units, or are we just stuck holding? I'm worried about the long-term wealth creation here. Has anyone faced similar issues with this builder or found a way to exit profitably?
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