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Arun Menon
Renting's over: Jaypee Imperial Court investor concerns
Fed up of renting, seriously looking at Jaypee The Imperial Court in Noida. As an investor, I'm trying to gauge quality beyond the brochure. How's the water supply situation there? Are residents dependent on tankers, or is it reliable? Also, what's the actual elevator quality like, and how fast is maintenance response? These daily operational issues really impact tenant satisfaction and future resale. What's your experience?
#noida#jaypee-imperial-court#investor#water-supply#elevator-maintenance
Comments
Totally agree with the concerns about maintenance and water. These are daily life issues, not just brochure points.
An investor looking at a project completed in 2014? That's almost a decade old. The original post talks about tenant satisfaction and future resale. Is there even a good resale market for properties this old, especially with so many new projects coming up in Noida? What's the current market sentiment for older, premium apartments?
It's a mixed bag. For a project like Imperial Court, which was premium back then, if it's well-maintained, it can still command a good price. But yes, the competition from new projects is immense. The ₹3.4 Cr – ₹5.5 Cr range is high, and buyers at that level expect top-notch, current-gen amenities and services. An older project might struggle to justify that unless it offers something truly unique or has exceptional maintenance, which from what I hear, isn't always the case.
Resale is definitely tough for older properties, especially at that price point. Demand kam hai.
Well, some people look at older projects for ready-to-move-in options, avoiding construction delays. But you're right, the market is flooded with new inventory, especially in sectors near Alpha II Commercial Belt. Current market conditions in Noida are leaning towards newer, RERA-compliant projects with modern amenities.
Water supply is a big one. I visited a friend in a nearby society, not Imperial Court specifically, but in that sector, and they were constantly complaining about tanker dependency. For a project with 378 units, that's a huge operational headache. And elevators! If they're old and not maintained well, it's a nightmare. What's the actual ground reality there? Is the maintenance team responsive, or do they drag their feet? This kind of daily hassle can really ruin the living experience, especially with such a high price tag.
Maintenance charges kitne hain wahan pe?
Maintenance response is okay-ish, not great. Lift breakdowns happen, especially in one tower. They fix it eventually but sometimes it takes a full day. You'll see 'under maintenance' signs quite often. It's not as smooth as a newer, well-managed society.
Living in Alistonia Estate, which is not far, I can confirm the water situation in this belt is tricky. While Imperial Court might have its own borewells, over time, groundwater levels deplete, and societies often end up relying on private tankers. I know people in Imperial Court who face this, especially during peak summer. It's not a daily thing but frequent enough to be annoying, and the cost adds up. Plus, the pressure is often low on higher floors.
The price range of ₹3.4 Cr – ₹5.5 Cr for a project completed in 2014-09-17 seems quite steep, especially for a first-time buyer like me. I'm worried about such a huge investment if basic amenities like water supply are not reliable. My cousin lives near Ajayabpur and they face constant water issues, relying heavily on private tankers. Is Imperial Court any different? This is a major concern for future residents and obviously for resale value too.
Yaar, Jaypee Imperial Court ka naam sunke thoda darr lag raha hai as a first-time buyer. Investor wali baat toh theek hai but hamare liye toh ghar hai. Builder ka track record kaisa hai overall? Pehle bhi delays ya issues suni hain iske baare mein.
Bhai, Jaypee ka naam hi kaafi hai. Delays aur quality issues toh expected hi hain.
Sahi keh rahe ho. Jaypee ka reputation toh mixed bag hi raha hai, especially after their financial troubles. Main Alpha I Greater Noida mein ek project dekh raha tha, wahan bhi same issues the builder ke saath. RERA number UPRERAPRJ3906 toh hai, but kya guarantee?