Parents ke pressure mein investment property search
My parents keep pushing for an investment property now that I have some savings, but honestly, I'm so confused. Chardham Apartment ke baare mein sunn raha hoon. Construction quality ka kya haal hai wahaan? Log kehte hain ki possession ke baad cracks, seepage common hai. Investors ke liye ye sab kitna impact karta hai resale ya tenant attraction pe? Maintenance charges bhi high hote hain, but service kaisi milti hai? Full flat power backup hota hai ya sirf common areas? Not sure if it's worth it long-term. Kya experience hai aap logo ka?
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Delhi real estate mein waise bhi naye projects mein bhi delays aur quality issues aate hain. Purane projects mein toh yeh sab double ho jaata hai. Current market conditions mein buyers smart ho gaye hain, they won't pay premium for an old building, especially not for investment. Rental yields bhi bahut high nahi hain ab.
I agree with your point about current market conditions. My broker also told me that for old properties, the appreciation is very slow, almost stagnant. Buyers prefer gated communities with modern amenities, even if it's a bit further away from the city center.
Sahi kaha aapne. Naye projects mein bhi RERA ke bawajood problems aati hain. Aur Chardham toh RERA se pehle ka hai. Toh wahaan toh aapko builder se koi recourse bhi nahi milega agar koi major structural issue aaya toh. Bada risk hai.
Wait, possession date 1993-07-01? Is that correct? That's almost 30 years old! How is that even considered for investment now?
The 1993 date is a huge red flag. My uncle bought a flat from that era near Aram Bagh, and the maintenance society is always struggling to collect funds for major repairs. Eventually, everyone just leaves it as is. It's a never-ending cycle.
Exactly! 1993 toh bahut purana ho gaya. Is price range mein aapko Anand Vihar ya Alaknanda mein bhi thode naye units mil jayenge, maybe not as big but definitely better infrastructure. Chardham ki total units bhi 108 hain, so it's a small, old society. Difficult to maintain standards.
Haan, bilkul sahi hai. 1993 ka hi possession hai. Isliye toh log bol rahe hain ki investment wise it makes no sense. It's a very old property, not ideal for someone looking for good appreciation or hassle-free rentals.
Same pinch! Parents toh bas investment investment bolte rehte hain. But as a first-time buyer, itna risk lena mushkil hai. Mera bhi yahi confusion hai ki Chardham jaise projects mein quality aur long-term value ka kya scene hai. Sab log bolte hain ki builders bas bech ke nikal jaate hain.
Chardham Apartment? Investment ke liye? Mujhe toh doubt hai. Price range ₹1.4 Cr – ₹2.7 Cr bata rahe hain, but itne purane project ke liye itna paisa daalna samajhdari nahi lagta. Aapko naye projects mein better options mil jaayenge is budget mein.
My parents keep pushing for an investment property now that I have some savings, but honestly, I'm so confused. Chardham Apartment ke baare mein sunn raha hoon. Construction quality ka kya haal hai wahaan? Log kehte hain ki possession ke baad cracks, seepage common hai. Investors ke liye ye sab kitna impact karta hai resale ya tenant attraction pe? Maintenance charges bhi high hote hain, but service kaisi milti hai? Full flat power backup hota hai ya sirf common areas? Not sure if it's worth it long-term. Kya experience hai aap logo ka?
Investment ke liye itna purana project lena risky hai. Resale value kaafi kam ho jaati hai aur tenants bhi aajkal newer properties prefer karte hain. Aapko achha rental yield nahi milega aur bechne mein bhi dikkat aayegi. Budget thoda stretch karke naya project dekho.
Full flat power backup? Haha, dream on! Common areas mein bhi mushkil se milta hai. Chardham mein toh sirf common areas ka backup hai, woh bhi limited hours ke liye. Flat ke andar inverter lagana padega alag se.
Bhai, Chardham ka naam suna hai aur mere ek friend ne wahaan dekha tha kuch time pehle. Unka experience toh theek nahi tha. Old construction hai, toh seepage aur cracks toh expected hain. Resale pe bahut impact padta hai aise projects ka, especially jab naye options market mein aa rahe hon. Tenant bhi modern amenities dekhte hain. Plus, maintenance is a black hole for these old buildings, you pay a lot but get very little in return.