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Arjun Gupta
Signature Global Andour Heights: My real concern on resale
Honestly, I thought my industry experience would make this easy, but buying for myself is a whole different ballgame. Signature Global Andour Heights mein investment ka dekh raha hoon. Completed hai, but resale liquidity ka major concern hai. Iska secondary market kitna active hai? Kahin investor ratio bahut high toh nahi, making future exit tough? Builder ka track record on resale kaisa hai? Any insights on exit strategy?
#signature-global#andour-heights#resale-value#investor-ratio#gurgaon
Comments
Just checked, Andour Heights is RERA number 12. So it's approved and all, which is good for first-time buyers for peace of mind. But RERA approval doesn't guarantee resale value or liquidity. You still need to consider the actual demand in that specific micro-market. For a first home, I'd suggest looking at end-user driven areas.
Has anyone actually tried selling a unit in Andour Heights recently? What kind of offers are people getting compared to their purchase price? Data points would be super helpful here. I'm so nervous about making a bad investment.
That's exactly what I feared. The current market conditions in Gurugram are already a bit soft for resale, especially in the affordable segment where margins are thin. If you're looking for a quick exit, this might not be the project.
My colleague had a unit there, he bought it for 60L. He tried to sell it last year and the best offer he got was 62L. After all the brokerage and taxes, it was barely break-even. He eventually rented it out instead. So, don't expect quick profits.
Signature Global ka track record mixed hai, honestly. Kuch projects mein delivery time pe hui hai, but resale support ya secondary market activity ke liye they don't do much. You're pretty much on your own after possession. I'd say do your own due diligence on the specific sector and demand there.
Yeah, I agree with this. My friend had issues with their project in Baharampur Naya, not with the build quality, but just how hard it was to even get interest from buyers later on. It's like once you're in, you're stuck for a while.
I was also looking at Andour Heights. The price range of ₹48 L – ₹95 L sounds good for a completed project, but the total units are 980. That's a huge number! More units usually mean more competition if everyone tries to sell around the same time. Is it better to look at smaller projects?
You've hit the nail on the head. That unit count is definitely a red flag for resale. My broker even mentioned that properties in areas like Basai with high unit density struggle with appreciation. Smaller projects generally have better demand, at least that's what I've observed.
Honestly, I thought my industry experience would make this easy, but buying for myself is a whole different ballgame. Signature Global Andour Heights mein investment ka dekh raha hoon. Completed hai, but resale liquidity ka major concern hai. Iska secondary market kitna active hai? Kahin investor ratio bahut high toh nahi, making future exit tough? Builder ka track record on resale kaisa hai? Any insights on exit strategy?
Exactly! My cousin booked something similar near Airport Road (Gurgaon side) a few years back, and he's still struggling to find a buyer at a decent price. The market is full of similar units. It's a real worry.
Bhai, you're not alone with this concern. Signature Global projects, especially the affordable ones, often attract a lot of investors. That can definitely affect resale. I've heard stories from people trying to sell in Badshahpur, it's a slow market there.