S
Shalini Negi
Park City Ghaziabad: RERA issues impacting resale?
Park City Ghaziabad — its completion was supposed to be a relief. I'm based in Dubai, invested in a 2BHK there years back. Now it's done, but I'm hearing stories about some pending OC/CC issues, ya fir RERA compliance mein kuch problem hai. Agar aisa hai, toh resale market mein toh value gir jayegi. Kaun lega aisi property? I can't do site inspections for document checks. Need to know if anyone else faced this with Park City. My exit strategy is dependent on clear papers. Is its resale market liquid enough even with these doubts?
#ghaziabad#park-city#rera-status#resale#investor
Comments
It sounds like a common problem in many Ghaziabad projects. What's the best way for someone like the OP to verify these documents remotely? Koi reliable property consultant hai jo ye sab check kar sake?
Yaar, as a first-time buyer, itna paisa lagane ke baad agar ye sab problems face karni pade toh kya fayda? Hum jaise log toh apni saari savings laga dete hain. Dubai se manage karna aur bhi tough hoga. Isliye log ready-to-move prefer karte hain, but wahan bhi ye sab issues nikal aate hain.
448 units hain Park City mein. Value toh pakka down hogi agar OC issue hai.
Are you sure about these OC/CC issues? I was considering Park City for investment too, ₹25-43 L ka range sunke laga tha ki accha deal hai. Koi official source hai ya sirf rumors hain?
Agar OC nahi hai toh registry bhi nahi hogi. Bahut risky hai aise mein invest karna.
Bhai, official source milega hi nahi easily. Builders sab chupate hain. Mera ek plot Achchheja mein tha, builder ne last moment pe bol diya ki electricity connection ke liye extra charge lagega. Ghaziabad mein abhi market thodi slow hai, aise mein clear title na ho toh aur bhi mushkil ho jati hai resale.
Totally understand your worry! Park City ka naam sunke bahut logon ko yahi tension hoti hai. My friend also had issues with a project nearby, builder ne RERA ka bahana banake possession late kiya tha.
U3, RERA pe completed dikha raha hai but OC/CC ka issue alag hota hai. Possession date toh 2019-06-01 se hai, but agar builder ne OC nahi liya toh registry mein problem aati hai. Yahi toh asli panga hai.
Park City ka current RERA status kya hai? Website pe toh 'Completed' dikha raha hai.
Exactly! Mera ek relative Ahinsa Khand 1 mein property dekh raha tha, same builder ka ek aur project tha. Unhone bhi OC/CC ki wajah se deal drop kar di. Aajkal ye common ho gaya hai, builders completion certificates rok ke rakhte hain ya milte hi nahi. Resale mein kaun lega phir? Clear papers ke bina loan bhi mushkil hai.