PLC premium rarely justifies the price hike
Since January I've been shortlisting flats in Noida Extension, especially around Sector 78. I work in real estate, so I know the builder games, but buying for myself is a different ballgame. I'm looking at some Earthcon projects and want to maximize my investment. Builders always push floor-rise premium and PLC. Honestly, is it actually worth it for long-term ROI, or just a way to inflate the ticket price? I mean, do higher floors really command that much more on resale in this market? Also, off the record, can you get significantly better negotiation room on secondary market deals compared to new launches? I'm talking about genuine discounts, not just veiled markdowns. Should I be focusing more on older, ready-to-move properties for better value?
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But what if the view is genuinely good? Like river-facing or park-facing, especially if it's a permanent green belt in front? Does that add value? I heard some projects in Alistonia Estate actually get good premium for that. Ya phir wo bhi sab marketing hype hai?
U8 is right. If it's a permanent, wide green belt or a very wide road that ensures no construction in front, then yes, it *can* add value. But only if the premium is reasonable. Don't pay 200 psf for a 50 psf benefit. Always check the master plan for the area very carefully before believing the builder's promises.
U5, you're asking a valid question. River-facing ya park-facing sounds great on paper, but in Noida, 'permanent green belt' is a tricky concept. Kal ko koi building ban gayi ya commercial development aa gaya toh? I saw a similar situation near Alpha-II Commercial Belt where a 'view' became blocked by a new construction within 5 years. Thoda bahut fark padta hai, maybe 5-10% extra on resale, but builders charge 15-20% for PLC. So, it's rarely justified.
Haan yaar, builder sab nautanki hai. Ready-to-move seems like the only sensible option now.
PLC is a total scam for most projects. I booked a flat in Alpha I Greater Noida a few years back, paid extra for a higher floor for 'better light and view'. Ab resale mein, jo ground floor waale hain unko bhi almost same price mil raha hai. Koi special premium nahi mila. My advice: avoid paying for things that don't add tangible value. Focus on location, builder reputation, and actual carpet area.
Bhai, same thoughts! Main bhi Noida Extension mein dekh raha hoon aur ye PLC aur floor rise premium dimag kharab kar raha hai. Lagta hai bas price badhane ka bahana hai. Kya karein fir?
Since January I've been shortlisting flats in Noida Extension, especially around Sector 78. I work in real estate, so I know the builder games, but buying for myself is a different ballgame. I'm looking at some Earthcon projects and want to maximize my investment. Builders always push floor-rise premium and PLC. Honestly, is it actually worth it for long-term ROI, or just a way to inflate the ticket price? I mean, do higher floors really command that much more on resale in this market? Also, off the record, can you get significantly better negotiation room on secondary market deals compared to new launches? I'm talking about genuine discounts, not just veiled markdowns. Should I be focusing more on older, ready-to-move properties for better value?
Totally agree U1 and U6! Ready-to-move properties are tempting, but loan approval mein time lagta hai na? Aur builders ka tie-up banks se hota hai, toh smooth ho jaata hai new launch mein.
U1, you've hit the nail on the head! Earthcon projects mein PLC kaafi high hota hai. Builders will always try to sell you the 'view' or 'less noise' premium. For resale, only corner units or very high floors with genuinely unobstructed views might fetch a *slight* premium, but it's rarely enough to justify the initial PLC cost. Secondary market mein negotiation room definitely zyada milta hai, especially if the seller needs to liquidate quickly. Ready-to-move is often better value.