R
Radha Pillai
Polite Precisa investors, what's your long-term exit strategy?
Honestly, I didn't realize how much RERA compliance actually matters until I almost made a blunder. Just bought into Polite Precisa a couple months back. Builder ka track record theek-thaak hai, but delivery delays sunne mein aate hain. My main concern now is the resale market. Is this project liquid enough for a good exit in 5-7 years? Kya lagta hai, capital appreciation kitna expect karein? Hope this helps someone check RERA properly, but also curious about your thoughts on long-term ROI here.
#polite-precisa#pune-real-estate#resale-value#investor-roi#exit-strategy
Comments
I just checked the RERA website with P52100001580 for Polite Precisa. The status shows 'null'. This generally means the project is either not updated or, more likely, significantly behind schedule and not yet marked as completed. This is a very serious red flag, OP. Did you verify the actual construction status on site?
That 'null' status is a huge warning sign. I had a similar experience with a project near Ambegaon Budruk. The builder kept
Null status? Yeh toh builders ki purani trick hai. RERA registration le lo, phir kaam dheere-dheere karo. Hum jaise first-time buyers hi phaste hain.
47 units? Long-term exit ke liye liquidity issue nahi hoga kya for such a small project? Generally, larger societies have more movement in the resale market.
Liquidity is a valid point. Small projects like Polite Precisa (47 units) can struggle with resale, especially if the builder's reputation for delivery isn't stellar. You'll be competing with newer, RERA-compliant projects. Focus on location benefits and future infrastructure development around Sinhagad Road, maybe that helps.
Totally agree with U4. Small projects, especially with delays, become very illiquid. Mera ek relative Amanora Park Town mein ek small project mein phasa hai, 3 saal se buyer nahi mil raha. Builder ne toh bola tha ki location prime hai, but jab project hi complete na ho aur amenities na milein, toh kaun lega? Capital appreciation toh bhool hi jao, bas investment nikal jaaye wohi badi baat hoti hai.
RERA compliance toh definitely important hai, good you checked. But the 2020 possession date for Polite Precisa is a massive concern. If you just bought in a couple of months back, it means you're either buying a highly delayed project or a resale that's still not complete. For first-time buyers, delays can be financially draining.
Bhai, 2020 ki possession date hai aur abhi bhi delays? Polite Precisa ka RERA number P52100001580 hai. Kya scene hai yaar, yeh toh bahut bada red flag hai for a first-time buyer like me.
Haan yaar, 2020 ki possession date sunke toh darr hi lag gaya. Pune mein toh abhi market thoda slow hai, especially for older/delayed projects. Is price range (₹84 L – ₹88 L) mein resale possible hai kya with such a delay?
Exactly! If possession was supposed to be 2020-12-01, aur abhi bhi 'delivery delays' sunne mein aa rahe hain, toh samajh lo kitna time lag sakta hai. Mere ek dost ne Akurdi mein ek project liya tha, same story, ab tak phasa hua hai. Resale toh chhod hi do, bas completion ho jaaye.
Honestly, I didn't realize how much RERA compliance actually matters until I almost made a blunder. Just bought into Polite Precisa a couple months back. Builder ka track record theek-thaak hai, but delivery delays sunne mein aate hain. My main concern now is the resale market. Is this project liquid enough for a good exit in 5-7 years? Kya lagta hai, capital appreciation kitna expect karein? Hope this helps someone check RERA properly, but also curious about your thoughts on long-term ROI here.