How big is Prateek Grand Begonia Phase I by Prateek Group?
Prateek Grand Begonia Phase I is a large-scale residential development by Prateek Group spread across 11.76 acres in Siddharth Vihar, Ghaziabad. It comprises 9 towers housing 1,092 units with 2 BHK from ₹1.18 Cr, 2.5 BHK from ₹1.41 Cr, 3 BHK from ₹1.65 Cr, 3.5 BHK from ₹2.42 Cr and comprehensive amenities including Vaastu Compliant, Fire Sprinklers, Landscaping & Tree Planting, Water Conservation, Rain water Harvesting, Gymnasium, and more.
How much does a flat cost in Prateek Grand Begonia Phase I, Siddharth Vihar?
In Prateek Grand Begonia Phase I, Siddharth Vihar, prices start at ₹1.3 Cr and go up to ₹2.7 Cr depending on the configuration and floor. Available options include 2 BHK from ₹1.18 Cr, 2.5 BHK from ₹1.41 Cr, 3 BHK from ₹1.65 Cr, 3.5 BHK from ₹2.42 Cr. The average price per sq.ft is ₹11 K/sq.ft.
Is Prateek Grand Begonia Phase I RERA registered?
Yes, Prateek Grand Begonia Phase I by Prateek Group is RERA registered under number UPRERAPRJ790651/09/2024. All project details, timelines, and financial disclosures are available on the state RERA portal, ensuring full transparency for buyers.
How long will it take to get possession at Prateek Grand Begonia Phase I?
The possession timeline for Prateek Grand Begonia Phase I is governed by the RERA registration (number: UPRERAPRJ790651/09/2024). Currently Under Construction, the project's milestones can be tracked on the official RERA portal for Ghaziabad.
Why should I choose Prateek Grand Begonia Phase I over other options in Ghaziabad?
Prateek Grand Begonia Phase I by Prateek Group offers 2 BHK from ₹1.18 Cr, 2.5 BHK from ₹1.41 Cr, 3 BHK from ₹1.65 Cr, 3.5 BHK from ₹2.42 Cr from ₹1.3 Cr – ₹2.7 Cr at ₹11 K/sq.ft, with 19.26% appreciation. Located in Siddharth Vihar on 11.76 acres with 9 towers and Vaastu Compliant, Fire Sprinklers, Landscaping & Tree Planting, Water Conservation, Rain water Harvesting, Gymnasium, and more — all RERA compliant (UPRERAPRJ790651/09/2024).
Comments
But Prateek Group ka naam toh hai na thoda?
I was looking at options in Abhay Khand too, but the prices for Begonia are just not making sense. ₹1.3 Cr for an entry-level unit in Ghaziabad, that too under-construction till 2029? Mera budget toh itna allow nahi karta. It feels like they're pricing it for a much more developed area. Is it worth stretching for this, considering the risks and the long wait for possession, especially when there are other ready-to-move options available for slightly less in other parts of Ghaziabad?
This is exactly my fear. I went to their site last month near Ahinsa Khand II, and the sales exec was pushing 'investment potential' really hard. It felt like they're targeting investors more than actual end-users. If most units (1092 units total, that's a lot!) go to investors, then when it comes to resale, everyone will be trying to exit at the same time. That'll crash prices, right? And rental yields? Forget about it, supply will be too high. Is this a common issue in Ghaziabad projects lately?
This is a big concern for the current market conditions in Ghaziabad. Property prices have seen some uptick, but that's largely due to increased material costs and land acquisition, not necessarily organic demand from end-users for such high-ticket items. If investors dominate, the market becomes speculative, not sustainable. And yes, it's a common issue, especially in areas where connectivity is still developing.
Rental yields toh bhool jao. Itne units mein competition high hoga. Rents will be depressed.
You're absolutely right about the investor ratio. I've seen this happen in many projects in Noida Extension. Jab sabko exit karna hota hai, tab price war start ho jaati hai. Liquidity bilkul nahi rehti.
Yaar, Prateek ka track record toh sabko pata hai. Mere dost ne bhi Prateek The Grand City mein book kiya tha, 2 saal late mila. Begonia ka 2029 possession date hai, pata nahi kitna aur kheechenge. RERA number UPRERAPRJ790651/09/2024 hai, but kya RERA bhi kuch kar paata hai delays mein?
Yes, RERA can help with legal recourse, but it won't magically speed up construction. The possession date is 2029-06-10. For an ongoing project, that's a long wait. Any delay means you're stuck for even longer. Think about it.
Exactly! My cousin had a similar experience with another builder in Indirapuram, near Achchheja. They paid the penalty, but the mental stress and extra rent for two years was unbearable. RERA is good for documentation, but actual delivery is a different ball game.
RERA numbers bas formality hain bhai. Builder ko penalty lagti hai, but possession toh late hi milta hai.
Totally agree with the post! ₹2.65 Cr for Ghaziabad is just too much, especially with that possession date. Builder pe bharosa nahi hota yaar.