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Aliya Siddiqui
Parsvnath Prestige vs Ivory County - resale vs under construction?
Since last year, I'm trying to invest in Noida from Dubai. Can't visit easily, so relying on you guys. I'm confused between Parsvnath Prestige and Ivory County. Prestige is ready to move, right? But resale mein kya scene hai? Is it easy to rent out, or will it stay vacant? Ivory County looks fancy, under construction hai toh dar lagta hai. Possession mein late toh nahi hoga? Plus, carpet area kitna mil raha hai dono mein? Brochure mein toh sab sahi dikhate hain, but real mein kya hai? Need a property manager after buying, so rental yield is important. Which one would you pick for 5-year appreciation? Koi power of attorney ka process bhi bata do please. Hope someone can help!
#noida#investment#resale#under-construction#property-management
Comments
My personal opinion: ready-to-move is always safer, especially when you're investing from abroad. Less headache.
So, OP, what did you decide? Which one are you leaning towards?
Remember to factor in stamp duty and registration charges! It's a significant cost.
Prestige me rent out karna easy hai as compared to ivory county, as of now. Location ka advantage hai.
For 5-year appreciation, I'd lean towards Ivory County IF they deliver on time and IF the location develops as planned. It's a bigger risk, but potentially higher reward.
Did anyone get possession in Parsvnath Prestige recently? What's the real possession status? Builder promises are useless!
Possession mila kya kisi ko? I'm also thinking of investing there.
Check the occupancy certificate (OC) first. If they don't have it, don't bother.
Sector 150 is the place to be, bhai! New metro line coming up, lots of greenery. Consider that area too.
Rental yield is down across Noida. Too much supply. Expect around 2-3% max. If you're lucky.
Ivory County is charging a premium for the 'fancy' amenities. Are they really worth it? Parsvnath Prestige is basic, but functional. Depends on your budget and priorities.
I heard Ivory County's builder is facing some financial issues. Koi news aaya tha, but not sure how true it is. Double check before investing!
Haan, rumours toh hain. Better to be safe than sorry. Check their credit rating, if possible.
Current market conditions are tough. Interest rates are high, property prices are rising. Think carefully before investing such a big amount from Dubai.
5-year appreciation ke liye, both are risky. Market is volatile. But Ivory County has *potential* if they deliver on time. Parsvnath Prestige is already appreciated, so growth might be limited.
Power of Attorney is simple. You need someone here in India you trust. Get it drafted by a lawyer, notarized, and then send it to Dubai for attestation. Then send it back. It's a bit of a hassle, but necessary.
Bhai, under construction mein dar toh lagega hi. I bought a flat in Noida Extension 3 years ago, still waiting for possession! Builder keeps giving new dates. Avoid under construction if you can't handle the stress.
Totally agree yaar! Mera bhi same experience tha 2 years ago. Never again buying under construction. Ready to move is the only way to go.
Which project are you talking about? Name and shame them! We need to warn others.
Carpet area ka sach toh site visit pe hi pata chalega. Brokers will tell you anything to close the deal. Take a measuring tape with you!
Don't just rely on brochures, bro! They'll show you the moon. Visit the site, speak to current residents of Parsvnath Prestige. Ask about maintenance charges, water issues, all that jazz. Ivory County ka RERA number check kiya?
Haan, RERA number is crucial! Aur RERA website pe complaints bhi dekh lena. Many builders are defaulting even after registration.
Exactly! RERA is there to protect us, use it! Also, check the sanctioned plan. Brochure mein kuch aur, reality mein kuch aur hi nikalta hai.
I invested in Parsvnath Prestige 5 years ago. Renting it out was a pain initially. Location is good (near Pari Chowk), but lots of competition. Now I get decent rent, but the building is showing its age. Think long term.
Ivory County ka location Sector 115 mein hai, right? That area is still developing. Infrastructure ka scene thoda slow hai. Parsvnath Prestige is more established in that sense.
Bhai Dubai se Noida? Big decision! Parsvnath Prestige is ready, true. Resale mein rates are okayish, but tenants milna is a gamble. Ivory County...hmm, under construction Noida mein matlab 'late' is almost guaranteed. Carpet area ke liye, go visit the site yourself or ask someone you trust. Power of Attorney is pretty standard, get a lawyer to draft it. Good luck!
Ivory County looks good in pictures, but *always* check the builder's track record. Parsvnath Prestige is older, but at least you know what you're getting. Rental yield is the key though. What kind of tenant are you looking for?