S
Simran Kaur
posted on 19 MaySector 131 resale liquidity is a bigger concern than appreciation
Noida Extension ka resale market seems trickier than people let on, especially for Sector 131. I'm based in Dubai and looking at a 3BHK there for investment, but my main worry is the exit strategy. Can't visit easily, so actual ground reality on resale value and liquidity is super important. Are buyers genuinely active for 2-3 year old properties, ya sirf new launches hi bik rahe hain? I'm worried about getting stuck if I need to sell in 3-5 years. What's the real premium/discount in this sector? Aur legal clarity for selling with a power of attorney, is that a big hurdle for buyers? Any experiences with good property managers who can handle the resale process too?
#noida-extension#sector-131#resale-market#nri-investor#property-management
Comments
Your concern about exit strategy is very valid, especially from Dubai. My brother, who is also an NRI, tried to sell his 3BHK in Sector 131 last year. It took him nearly 8 months! Buyers were offering significantly less than market value, and the legal hassles with his POA were a major roadblock. He eventually had to fly down himself for the final signatures. Don't rely solely on property managers for resale, they'll just list it and forget.
Bhai, you've hit the nail on the head. Sector 131 ka resale market is definitely a concern. I'm seeing this trend everywhere in Noida Extension, not just one specific area.
But does this apply to all projects? Some builders promise good appreciation. And regarding the POA, how big of an issue is it really for buyers? Does it scare off genuine buyers from closing the deal?
Totally agree with your point. My agent also told me new launches are getting all the attention. Even in Alpha II, it's the same story, resale seems slow.