Got possession of my Prateek Laurel unit in March. Cracks are showing already, fittings feel cheap. Maintenance is high, service slow. Does this hit resale value much? Worried about long-term ROI.
Prateek Laurel is a Ready to Move residential project by Prateek Group located in Sector 120, Noida. It spans 12.75 acres and comprises 1,560 units across 14 towers, offering 2 BHK from ₹0.97 Cr, 2.5 BHK from ₹1.1 Cr, 3 BHK from ₹1.5 Cr, 3.5 BHK from ₹1.98 Cr, 4.5 BHK from ₹2.25 Cr. Just 0.5 km from Millennium School.
Periodic offers on 2 BHK from ₹0.97 Cr, 2.5 BHK from ₹1.1 Cr, 3 BHK from ₹1.5 Cr, 3.5 BHK from ₹1.98 Cr, 4.5 BHK from ₹2.25 Cr at Prateek Laurel by Prateek Group are available through verified brokers on Propmyna. With prices at ₹87.0 L – ₹2.4 Cr and appreciation of 6.72%, early bookings offer the best value.
You can verify Prateek Laurel on the state RERA portal using registration number UPRERAPRJ591510. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
Being RERA-registered (number: UPRERAPRJ591510), Prateek Laurel by Prateek Group is legally bound to deliver on the committed date. In case of delays, buyers are entitled to compensation. Prateek Group has a strong reputation for on-time delivery.
Prateek Laurel by Prateek Group is home to 1,560 units across 14 towers on 12.75 acres in Sector 120. The community features Amphitheater, Skating Rink, Vastu Compliant, Fountains, Table Tennis, and more, fostering an active, social lifestyle for residents and families.
Comments
Oh no! This is my biggest fear as a first-time buyer. Prateek Laurel sounds like a big project, and if even they have these issues, what hope do we have? I've heard so many horror stories about builders cutting corners after booking. Cracks and cheap fittings immediately? That's just unacceptable. My budget is already stretched, and thinking about future maintenance and then a hit on resale value just makes my head spin. I was considering a property nearby in Alpha I, but now I'm seriously reconsidering everything. Is this common for Greater Noida projects?