M
Manish Patel
posted on 9 MaySattva Signet investors: Any updates on project delivery?
Honestly, I'm in Dubai and frustrated with Sattva Signet's delivery timeline. Builder ka track record kya hai? Any updates on project completion? Worried about capital appreciation if late.
#sattva-signet#project-delivery#remote-investing#bangalore-real-estate#capital-appreciation
Comments
It's a tough spot for first-time buyers. While delays are common, Sattva is a big name. The price range of ₹1.5 Cr – ₹2.4 Cr is competitive for the location. However, capital appreciation heavily depends on the final delivery quality and infrastructure development around. Don't just focus on the delays; check if they are compensating or offering any interim benefits. What's their communication like with buyers?
My budget is ₹1.5 Cr for a 2BHK, which is at the lower end for Signet. If there are significant delays, the additional rent and EMI burden will be huge. Does anyone know if properties in this price range (₹1.5 Cr – ₹2.4 Cr) generally see good appreciation even with delays in this area?
According to the RERA details for Sattva Signet (PRM/KA/RERA/1251/446/PR/210111/003772), the stated possession date is 2024-08-01. But let's be real, how many projects actually stick to that? I've seen builders update RERA timelines multiple times. The project status is still 'ONGOING'.
My friend booked in Akshayanagar, possession date was same as Signet. Abhi tak interior ka kaam chal raha hai. Don't rely too much on RERA dates, they are often revised.
2024 August? Bhai, construction speed dekh ke toh nahi lagta. They need to ramp up big time.
Exactly! My cousin faced similar issues with another builder in Aavalahalli. They promised 2023 end and now it's looking like 2025. It's so hard to trust these timelines. I'm thinking of booking in Sattva Signet but these discussions make me nervous. Is the 2024-08-01 possession date realistic?
This is the current market reality in Bengaluru. Construction costs have gone up, labour issues, approvals... sab delay hota hai. But what about the current market conditions for resale? Will these delays affect property value significantly?
Aavalahalli mein toh kaafi builders ka yahi haal hai. Signet ka bhi same story lag rahi hai.
Honestly, I'm in Dubai and frustrated with Sattva Signet's delivery timeline. Builder ka track record kya hai? Any updates on project completion? Worried about capital appreciation if late. Is this normal for Sattva projects?
Sattva ka record toh mixed hi hai. Kuch projects time pe diye hain, kuch mein bahut delay. Have you checked their RERA status? PRM/KA/RERA/1251/446/PR/210111/003772 is the number, right?
Totally understand your frustration, bhai. I'm also a first-time buyer and booked a 2BHK here. The delays are really stressing me out, especially with the EMI starting. Capital appreciation toh door ki baat hai, possession mil jaaye time pe bas.