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Yash Agarwal
posted on 17 MayPrestige Group Noida: What's their delivery record like?
Hey everyone, just watched a video about Noida real estate investment options for 2025. It mentioned Prestige City, and I'm looking at it as a potential investment. Honestly, I'm trying to gauge Prestige Group's track record. Anyone here have experience with their past deliveries or construction quality? I'm a bit worried about potential possession delays. What's been your experience with Prestige projects in general?
Comments
Noida real estate is definitely booming, especially with all the infrastructure development. But current market conditions are also challenging, with material costs rising. Builders often pass that on or delay projects. Prestige City sounds ambitious with 3000 units. We need to consider how they handle such a large scale project here.
Meri toh Prestige ke saath bahut buri experience rahi hai. Mere ek friend ne Bangalore mein ek project mein invest kiya tha, aur 2 saal late mila possession. Quality bhi utni khaas nahi thi. Noida mein they might be different, but I'd be super cautious. Don't just go by the brand name, check the ground reality and current construction status.
Bhai, Prestige Group is established since 1986 and HQ is Bengaluru, but Noida mein they are relatively new. I'm looking at their RERA number PR/200821/004260 for Prestige City. The possession date is 2024-12-01. That's pretty close! My worry is, do they actually stick to these RERA dates, especially when it's their first big project here? I've seen many builders delay by years.
On-time delivery ke liye toh few local builders ka track record better hai, but prices bhi high hain. Prestige City is a big gamble for first-timers, especially in a new area for them like Ajayabpur where it's coming up. Maybe check smaller, completed projects nearby first.
Toh phir Noida mein kaun sa builder trust-worthy hai for on-time delivery?
Totally agree. Mere ek relative ne bhi ek renowned builder se Noida Extension mein flat liya tha, RERA date se 3 saal late mila. Penalty bhi naam ki mili. Prestige ka naam bada hai, but the ground reality in a new market like Noida can be very different. They might not have the same local execution power.
Honestly, I'm quite impressed with Prestige City's plans. The location near Alpha I Greater Noida looks promising, and the price range of ₹45 L – ₹1.6 Cr seems competitive for 3000 units. But my main concern is whether they actually deliver on time. What's the general sentiment about their timelines?
Alpha I Greater Noida is a good spot, no doubt. But for 3000 units, the price range of ₹45 L – ₹1.6 Cr is quite broad. Make sure you're comparing apples to apples. And yes, timelines are critical, builders often overpromise.
Sahi keh rahe ho. Price range toh theek lag raha hai. But quality aur delivery ka kya?
Yaar, Prestige City sounds good on paper, but I'm really worried about their delivery track record. I've heard mixed reviews about projects outside Bangalore. Noida mein inka kya scene hai? Anyone here bought from them before and faced delays?
I heard a few stories about delays in their Hyderabad projects too. For Noida, I'd say check the actual construction progress on site, not just RERA updates. The RERA date 2024-12-01 seems tight for such a massive project.
Haan bhai, same concern here! Possession delays are my biggest fear as a first-time buyer.