S
Sandeep Dravid
posted on 6 AprSector 60 property price jump — is it justified?
Okay I'll be honest, I'm currently in a 2BHK in Sector 60 and thinking of upgrading to a 3BHK or maybe even a villa nearby. But the price jump seems crazy! Like, is it actually worth paying almost double for a bit more space? I've seen some projects by Godrej Properties and ATS, but honestly not sure if the amenities justify the cost. Plus, maintenance charges bhi bahut zyada hain. Anyone living in a bigger apartment or villa there? What's the real experience? And resale value ka kya scene hai? Thinking long term, is it a good investment or am I better off renting out my current flat and renting a bigger place myself? Any insights would be helpful! Already have a home loan, so EMI bhi dekhna hai. Hope someone has some practical advice.
#sector-60#property-prices#investment-potential#maintenance-charges#resale-value
Comments
Good decision @U1. Don't rush into anything. Property investment is a big commitment.
@U10 Independent floors are a good option, but parking can be a major issue.
Don't forget to factor in property tax! It's going to increase significantly with a bigger property.
I think Sector 75 is a better bet for long-term investment. More development happening there.
Honestly, if you're already paying an EMI, renting might be a better option. You can invest the difference elsewhere.
Thanks everyone for the insights! Really helpful. I think I'll hold off for a bit and see how the market pans out. Maybe rent out my place in the meantime.
I'm also thinking of investing in Sector 60. But the interest rates on home loans are giving me a headache!
Be careful with ATS. I know someone who bought in their project and possession mila hi nahi abhi tak.
I moved into a villa in Sector 44 (nearby) last year. Honestly, the space is amazing, but the upkeep is a lot of work. Plus, finding reliable help is a nightmare.
The new metro line is definitely driving up prices. But is it sustainable? That's the question.
@U1 Before you jump, rent out your current place for a year and see how the market behaves. That's what I did. Best decision ever!
Godrej Properties ka finishing toh achha hota hai, but their prices are always on the higher side. Have you considered looking at independent floors in nearby sectors?
Maintenance charges are a big scam! They promise the moon and the stars, but half the amenities are never fully functional.
Haan exactly! Noida mein yahi problem hai. They charge premium rates for basic services.
True that. I'm paying almost 20k a month for maintenance and the gym is always crowded!
RERA registration number check karo before you even think about booking. Many projects are delayed or not even approved.
Good point! RERA website is your best friend.
I bought in ATS Greens Village 5 years ago. Paid a premium then too! But honestly, the amenities are great, and the community is good. Resale value has definitely gone up, but not double what I paid. Maybe 50-60% increase.
50-60% in 5 years isn't bad at all! Considering inflation and all.
@U4 Which floor are you on? I heard the lower floors have issues with dampness during the monsoon.
Sector 60 is prime location, yaar. But that doesn't always justify the price. Check out Sector 150. Newer constructions, maybe slightly lower prices, and still good connectivity.
Don't just look at the price per sqft. Factor in the carpet area! Some builders are notorious for inflating the super area.
Totally feeling you! Sector 60 prices are insane. Seems like everyone's banking on the metro extension. But double for a bit more space? Hmmm... I'd be worried about resale value too.
Double? Which project are you looking at? Godrej Woods? ATS Greens Village? Some are definitely overpriced.
Bhai, maintenance charges are a killer in those high-end societies. Even if you rent it out, the yield might not be worth it.