A
Aishwarya Jadhav
posted on 2 AprSector 140 resale flats -- overhyped or worth it?
Sector 140 mein resale flats dekh raha hu. Kids have moved out, don't need such a big place anymore. Want something manageable, elevator hona chahiye. Resale of existing property se jo paisa aayega, usse hi lena hai. Everyone glorifies ready-to-move, but nobody talks about the age of construction. Old building mein maintenance cost toh zyada hota hai na? Shubhkamna Advert Pvt Ltd ke projects dekhe the, but frankly not sure about the ROI. Under-construction better rahega kya, even with the risk? Is it worth the headache? Rental yield bhi toh dekhna hai. Disagree? Tell me why. Change my mind.
#sector-140#resale#ready-to-move#under-construction#rental-yield
Comments
Did you check the parking situation? Covered parking is a must, especially in Noida's heat. Also, visitor parking should be adequate.
So, what did you decide? Resale or under-construction? Which society are you leaning towards?
Check for hidden charges in resale flats - transfer fees, stamp duty, etc. These can add up to a significant amount.
My suggestion: visit a few resale flats in Sector 140, talk to the residents, understand their issues, and then decide. Don't rush into it.
Are you planning to take a home loan? Interest rates are quite high right now. Factor that in too.
Look at the carpet area vs. super area. Builders often inflate the super area to charge more. Be smart.
Ultimately, it boils down to your risk appetite and financial situation. If you can handle the uncertainty and potential delays, under-construction might give better returns. But if you want peace of mind and a steady rental income, ready-to-move is the way to go.
Don't just look at the flat. Check the society amenities - swimming pool, gym, clubhouse - are they well-maintained? That affects resale value later.
Sector 150 ka avg rate 7k/sqft hai abhi. Sector 140 should be around the same, maybe a little less depending on the age of the building.
I bought an under-construction property in Sector 143B 4 years ago. Possession mila kya? Builder ne phir se date extend kar diya lol. It's a never-ending story. Ready-to-move is definitely less stressful.
Under-construction mein GST bhi lagta hai. Ready-to-move mein nahi. Factor that into your calculations.
Rental yield is important, but also consider capital appreciation. Sector 140 has good potential for appreciation due to its proximity to commercial hubs and metro connectivity.
Mera bhi same experience tha 2 years ago. I bought a resale flat in Sector 137. Initially, maintenance was low, but now it's increasing every year. Plumbing and electrical issues are common in older buildings. So budget for repairs.
Which floor are you looking at? Ground floor resale flats usually have lower resale value. Top floor can have leakage problems. Middle floors are generally preferred.
Good point! Floor is a crucial factor. Also, check the view from the balcony. Facing park or road makes a big difference.
Bhai, resale mein bargaining karo. Market mein thoda slowdown hai. You can negotiate a good deal.
Slowdown? Rates toh badh rahe hain yaar! Property prices are going up everywhere.
U16, agreed. But resale mein you can still negotiate a bit. New projects mein toh builder apni marzi chalata hai.
Age of construction is a valid concern. Maintenance charges skyrocket after 10-15 years. Ask for detailed maintenance cost breakdown before finalizing anything. Also, check the building's structural integrity.
Under-construction is a gamble, especially now with rising construction costs. Many projects are getting delayed. I would prefer ready-to-move for peace of mind. Sector 137 mein bhi options dekh lo, close by hai.
Shubhkamna Advert? Bhai, unka toh ek project Sector 75 mein 5 saal se delayed hai. Check RERA registration and customer reviews carefully before investing.
Exactly! RERA number check karna is mandatory. Don't fall for fancy brochures and sales talk.
RERA website pe jaake builder ka history check karo. Cases registered hain toh avoid karo.
Sector 140 resale flats are a mixed bag, bhai. Depends on the society and builder. Shubhkamna Advert... hmm, risky lagta hai. Under-construction mein toh definitely headache hai, especially in Noida. Dekh ke lena.
I think it depends on your priorities. If you want peace of mind and immediate rental income, ready-to-move is better. But ROI wise, under-construction might give better returns in the long run. Sector 140 is a good location though, with metro connectivity.
Metro connectivity is a big plus point, true. But the traffic around Sector 140 during peak hours is a nightmare! Consider that too.
Agreed with U3. Location is prime. But ROI depends on your entry price. Resale mein bargaining power hona chahiye.