R
Radha Kapoor
Sattva Lake Ridge's current pricing feels stretched
Did some online research on Sattva Lake Ridge last week. I'm based in Dubai, can't do a site inspection myself, so relying on community insights. Pre-launch prices kaafi attractive the, but now current pricing kya chal raha hai? Kitna upside expect kar sakte hain for capital appreciation? Builder ka track record theek hai, but upcoming project mein timely delivery risk kitna hai? High investor ratio toh nahi hai wahan? Don't want a ghost society affecting future rental yield. Any thoughts on resale potential for an investor?
#sattva-lake-ridge#capital-appreciation#investor-risk#hyderabad-real-estate#upcoming-project
Comments
It's a tough market right now, especially for first-time buyers. Sattva Lake Ridge has its pros – location, builder reputation to some extent. But the pricing and potential delays are real concerns. For capital appreciation, I'm not sure how much upside is left if prices are already stretched. What about resale potential? If I buy now, will I be able to sell it easily in 5-7 years, considering the 2028 possession date and current market conditions in Hyderabad?
U5, resale potential will depend heavily on market conditions closer to 2028. Currently, Hyderabad market is seeing good demand, but interest rates are also high. If prices are already 'stretched' as the original post says, the capital appreciation
Investor ratio ka point bahut valid hai. I saw a project in Alwal where almost 60-70% units were bought by investors. Abhi wahan kaafi units empty hain, aur rentals bhi fluctuate karte rehte hain. Sattva Lake Ridge mein bhi agar yahi haal hua toh future mein society fees aur maintenance ka issue ho sakta hai. Has anyone heard anything about the investor vs. end-user split there?
But sometimes a high investor ratio also means good appreciation later, right? If demand is high for investment, it shows potential. Or am I thinking wrong?
U4, your point about Alwal is so true. I live in a society in Ameerpet where investor ratio was high, aur abhi bhi 20-30% flats empty hain. Maintenance charges badh jaate hain because not enough people are contributing, aur society activities bhi dull rehti hain. It's a real issue for end-users. I heard from a broker that Sattva Lake Ridge is attracting a lot of NRI investors, which worries me.
Bhai, builder ka track record important hai, but sometimes even big names mess up. My friend booked in another 'upcoming' project near Attapur, and the possession date got pushed by almost 2 years. They had promised all these amenities, but abhi tak kuch complete nahi hua hai. Sattva Lake Ridge ka 2028 possession date sounds far, but with 897 units, timely delivery is a huge risk. Don't just go by the name, check their past RERA records for delays.
Did you check Sattva's RERA history specifically for delays?
Sahi baat hai U3. My uncle faced similar issues with a project near Begumpet. Builder kept delaying, and the quality suffered too. RERA fines are there, but they don't really compensate for the mental stress and rent payments.
I was also looking at Sattva Lake Ridge. The location near the lake is quite appealing, aur builder ka naam bhi hai. But yes, pricing seems a bit high. Does anyone have specific numbers for 2BHKs currently? Like, what's the per sqft rate they are quoting now? And is there any scope for negotiation?
No chance for negotiation yaar, they are very firm.
U2, for 2BHKs, I recently checked, they are quoting in the range of 8000-8800 per sqft, depending on the floor and view. Negotiation scope is minimal, maybe 1-2% if you're lucky and ready for full payment. Pre-launch mein 6500-7000 tak mil raha tha, so current rates are a significant jump. You can try pushing for some amenity waivers instead of direct price cut.
Totally agree with the original post! Sattva Lake Ridge ka current pricing sunke toh mera budget hil gaya. Pre-launch mein jo hype thi, ab lagta hai bas investors ko target kar rahe hain. As a first-time buyer, it's really disheartening to see prices jump so much. Kya lagta hai, will it cool down or is this the new normal?
New normal toh lag raha hai unfortunately. I heard they are quoting around 8500-9000/sqft for higher floors. Is that what you heard too, U1?
Haan bhai, same feeling. Mera budget bhi out ho gaya.