I'm based in Dubai and can't visit Noida. Everyone glorifies Parsvnath Prestige, but what about hidden costs? Great Value Sharanam seems cheaper, but is the construction quality sahi hai? Which has better rental potential? Change my mind.
Parsvnath Prestige is a Ready to Move residential project by Parsvnath Developers located in Sector 93A, Noida. It spans 13.0 acres and comprises 1,500 units across 20 towers, offering 2 BHK from ₹1.55 Cr, 2 BHK from ₹1.55 Cr, 3 BHK from ₹1.94 Cr, 3 BHK from ₹2.25 Cr. Gated Community with 24/7 Power Backup.
Beyond the base price starting at ₹1.9 Cr, budget for GST (5%), stamp duty, registration, car parking, and maintenance deposit. Your total cost at Parsvnath Prestige for 2 BHK from ₹1.55 Cr, 2 BHK from ₹1.55 Cr, 3 BHK from ₹1.94 Cr, 3 BHK from ₹2.25 Cr will typically be 15–20% above the base price.
Yes, Parsvnath Prestige by Parsvnath Developers is approved by major banks and housing finance companies. RERA registration number UPRERAPRJ11282 assures lenders of the project's legal compliance, simplifying the home loan process for buyers.
Yes, with RERA registration UPRERAPRJ11282, booking an under-construction unit at Parsvnath Prestige is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Parsvnath Prestige.
Parsvnath Prestige by Parsvnath Developers offers 2 BHK from ₹1.55 Cr, 2 BHK from ₹1.55 Cr, 3 BHK from ₹1.94 Cr, 3 BHK from ₹2.25 Cr from ₹1.9 Cr – ₹2.3 Cr at ₹13.3K/sq.ft, with strong appreciation. Located in Sector 93A on 13.0 acres with 20 towers and Amphitheater, Internet / Wi-Fi, Tennis Court, Swimming Pool, Vaastu Compliant, and more — all RERA compliant (UPRERAPRJ11282).
Comments
Check the amenities completion before booking, I made that mistake in my previous investment. They promised a clubhouse, never built it!
Ultimately, it depends on your risk appetite and budget. If you can afford Prestige, go for it. Otherwise, Sharanam might be a decent option if you do your due diligence.
Totally agree with U6. RERA is your friend. Use it!
Be careful — I heard Parsvnath has some pending legal issues. Double check everything before you invest your hard-earned money.
So, what did you decide, OP? Prestige or Sharanam? Or something else entirely?
One thing to remember is the registry charges and stamp duty. Add that to your overall cost. It's significant.
Remember to factor in maintenance charges! Parsvnath will likely have higher maintenance costs.
I visited Sharanam last month. The sample flat looked okay, but the overall construction site seemed a bit chaotic. I'd recommend getting a trusted friend to visit on your behalf.
Possession status kya hai for Sharanam? Anyone got possession yet?
Not yet, bhai. They are claiming by end of this year, but I'm not holding my breath.
From an investment perspective, Prestige is safer, even if it's more expensive. Sharanam is riskier, but the potential returns could be higher if everything goes well.
Don't forget to check the builder's financial health. Some of these developers are heavily indebted.
Sharanam is good for end-use, not so much for investment. Prestige is the opposite. Think about your priority.
Sector 150 mein aur bhi options hain. Why only these two? Check out Godrej Properties, Tata Value Homes... better quality.
Mera bhi same experience tha 2 years ago with Parsvnath. They promise the moon, but deliver nothing. I'd be very wary.
What's the current sqft rate in both projects? Anyone have recent data?
Last I checked, Prestige was around 6.5k-7k sqft, Sharanam was closer to 5k-5.5k. But prices fluctuate, especially with the new metro line coming up.
Rental potential in both will be decent because of the location (near Pari Chowk). But Prestige will command a higher rent, obviously. Think about your ROI.
Don't just look at the price tag. Check the RERA registration number for both projects and see if there are any red flags. Parsvnath ka track record is mixed, to be honest.
I invested in Prestige 5 years ago. Possession mila kya? NO! Still waiting. Builder ne phir se date extend kar diya lol. Be very careful.
Oh god, seriously? Which tower? I was considering Prestige... Now I'm scared.
U7, which sector are you talking about? Parsvnath has projects all over Noida. Specifics batao.
Parsvnath Prestige is good, no doubt. But 'glorified' is the right word. Great Value Sharanam is definitely cheaper. Construction quality... that's the question, isn't it? Rental potential wise, Prestige will always win. But is it worth the extra cost from Dubai?
Bhai, Sharanam ka construction quality average hai. I know someone who booked there. They are saying finishing mein bahut compromises kiye hain.
Exactly! My friend also booked in Sharanam. Delay bhi chal raha hai. Parsvnath is expensive, but at least you get some assurance.
Compromises toh har jagah hain yaar. Even in Prestige. It's about how much you can tolerate. Sharanam is definitely more budget-friendly.