S
Shiv Verma
posted on 19 MayReady to Move: Value for money is a myth?
₹1.3 crore for a 3BHK in Ready to Move feels like a stretch, but my wife insists on that area for the kids' school admission. We need something safe for the children, and honestly, our current 2BHK is just too small now. I've looked at a few places, but nothing really stands out in the ₹80L-1.5Cr range. Is it just me, or are most projects there overpriced for what they offer? Any specific project recommendations in Ready to Move that actually deliver good value and a decent neighborhood vibe? I'm honestly not sure if we're just missing something.
#ready-to-move#3bhk#new-delhi#project-comparison#family-home
Comments
It's a tough spot. Your budget of ₹80L-1.5Cr is decent, but the specific area requirement for school admission really tightens the options for RTM 3BHKs. I'd suggest looking at slightly older RTM societies (maybe 3-5 years old) rather than brand new ones. They might not have all the fancy new amenities, but you often get more space, established communities, and the prices are usually a little more negotiable than a builder's fixed rate. Also, check out resale units in areas like Ansal Villas or even some pockets of Aram Bagh, if connectivity works for you. You might find a gem there that fits your budget and safety criteria, even if it needs a little renovation.
Absolutely, U8. The peace of mind for RTM is the biggest draw. Nobody wants to deal with builder delays and RERA complaints. But that 'peace of mind' comes with a huge price tag, which makes you wonder if it's worth it. Maybe look at properties that are 5-7 years old in established societies? Sometimes you get better space and build quality for the same price.
I can share my experience. Two years ago, I booked a 3BHK in a project near Anand Vihar for ₹95L. It was under construction then, and I got possession last month. The same flat is now selling for ₹1.4 Cr. So, in that sense, RTM is definitely overpriced compared to what it was a couple of years back. The current market conditions, especially for RTM, are crazy. Everyone wants to avoid construction delays, so builders are leveraging that demand. For your budget, you might have to compromise on either size or the exact locality, especially with school admissions in mind.
U7, time pe? Haha, that's a good one! They delayed it by 6 months. But compared to some of my friends who are waiting 2-3 years, I consider myself lucky. The mental stress of waiting is immense, which is why people are ready to pay a premium for RTM now. This is where the 'myth' comes from – it's not value for money, but peace of mind.
Bhai, possession time pe mila kya? Bohut builders dates extend karte hain.
Totally agree with you, bhai! Value for money in RTM is definitely a myth these days. I've been looking around South Delhi, specifically near Anand Niketan, and everything is either ridiculously expensive or the construction quality looks shoddy. The premium for 'ready' status is just too high, and then you factor in stamp duty, registration, and all the hidden charges. It’s making me question if waiting for an under-construction project is a better bet, despite the delays.
U4, Alaknanda mein ek builder ka project tha, naam nahi lunga, but they had a terrible reputation for maintenance and society management post-possession. Ek baar check kar lena reviews. RERA details bhi dekh lena. Often, the initial price seems okay, but then maintenance charges hit you hard, and amenities are not up to the mark. Always good to talk to current residents if possible before finalizing.
Alaknanda mein bhi ab rates badh gaye hain. Koi specific project hai wahan jo aapko value for money laga ho, U3? I checked out a few, but they felt cramped for the price. Builder ka track record kaisa hai wahan ke projects ka?
Anand Niketan is always going to be pricey, yaar. That's a prime location. You can't expect value for money there, it's more about convenience and status. Have you considered areas a little further out but still well-connected, like maybe parts of Alaknanda? You might find slightly better deals there for a 3BHK, though still not cheap.
Yaar, I'm feeling the same pinch. ₹1.3 Cr for a 3BHK in Ready to Move sounds like a lot, especially when you compare it to what you get. My wife also has her heart set on a specific area near a good school, and the prices there are just insane. We're also upgrading from a 2BHK and need that extra space for the kids. It feels like builders are just cashing in on the 'Ready to Move' tag. Is there really nothing good in the ₹80L-1.5Cr bracket that doesn't feel like a compromise on quality or location?