R
Rahul Patel
posted on 13 MayPrakash The Hallmark Wings quality is risky for investors.
Does anyone else think construction quality at Prakash The Hallmark Wings D E F is overrated for investors? Poor build quality means higher maintenance later and lower resale, right? Change my mind.
#prakash-the-hallmark-wings#construction-quality#investor-perspective#resale-value#pune-real-estate
Comments
See, every builder has some complaints. It's about weighing the pros and cons. Is the location so good that it offsets potential quality issues? And for investors, isn't the price point crucial? Is ₹63 L – ₹98 L good for 2029 possession in that area?
For a 2029 possession, that price range of ₹63 L – ₹98 L seems a bit high already, considering it's not a ready-to-move property. Who knows what the market will be like then? If the quality is subpar, finding tenants or buyers will be tough. Plus, the total 158 units means it's not a small project, so there should be enough data on the builder's past performance to check.
You have a point. Location can be a big factor. But if the quality is really bad, even a good location won't save resale value. And maintenance costs will eat into rental income. I'm so confused now!
Sahi baat hai! I'm looking in Akurdi and even there, some builders are known for cutting corners. Hallmark Wings ka naam pehle bhi suna hai for issues.
I had a terrible experience with another builder whose 'upcoming' project looked great on paper. They delayed possession by almost 2 years, and when we finally got it, the finishing was so poor. Had to spend extra lakhs on repairs. Prakash The Hallmark Wings D E F might have a good location, but if the builder's reputation is shaky, it's not worth the stress. Always check their previous projects' maintenance records.
But it's an upcoming project, possession date toh 2029-12-01 hai. How can we judge construction quality now? Is there a track record of Prakash builders being bad? Any specific examples?
RERA number just ensures legal compliance, not necessarily quality, yaar. Builders often use different subsidiaries or project names to hide past issues. In the current Pune market, where prices are already high, taking a chance on a builder with a questionable reputation is just not smart, especially for a first-time investor like us. There are better options, even if they are slightly more expensive.
Exactly! And the price range ₹63 L – ₹98 L for a potentially risky builder? What about the RERA number PM1261012500286, does that guarantee anything?
Haan, I heard about their project near Sinhagad Road. My cousin bought there, and plumbing issues started within a year. They took forever to fix it. So, track record matters even for upcoming projects.
Totally agree bhai! My friend almost booked there, but then heard some really bad reviews about the previous project. Investors ke liye toh risk hai hi.