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Lakshmi Krishnan
Signature Global City 37D 1: Maintenance shocker?
Did a site visit to Signature Global City 37D 1 in Mohali last week. Honestly, I'm so fed up of renting, landlord ne phir rent badha diya. Project looks good on paper, but after talking to a few residents, maintenance charges are making me rethink. Brochure mein kuch aur tha, ab residents bolte hain it's way higher, around ₹4-5k for a 2BHK. Not sure if that's standard ya just bad luck. Is this normal for Mohali projects? Kya amenities bhi utni achhi nahi hain jitna dikhate hain? Anyone living there, what's your actual monthly outgo? Was your possession experience smooth, ya kuch hidden costs the? Pura EMI vs rent math bigad raha hai. Kya karna chahiye?
#mohaliproperty#signatureglobal#maintenancecharges#enduser#hidden-costs
Comments
It's a tough call. On one hand, you want to stop paying rent. On the other, you don't want to get stuck with unexpected high costs. I think the EMI vs rent math only works if all variables are clear. If the maintenance is truly ₹4-5k for a 2BHK, that's almost an extra EMI component for many. Maybe look for projects where the RWA is already well-established and transparent?
I was eyeing this project too, but after reading this, I'm definitely going to be more cautious. My friend bought a flat in Baharampur Naya and had similar issues with unexpected charges post-possession. It's like they just want to get you in, and then the real costs begin. This maintenance shocker is a deal-breaker for budget-conscious buyers like us.
Honestly, the current market conditions in Gurugram for ready-to-move-in properties are crazy. Builders know people are desperate to avoid renting. So, they play these games. My advice is to always talk to at least 5-6 residents from different blocks, not just the ones the sales team introduces. Ask them about everything, from water supply to security and, yes, maintenance bills.
This is a common tactic by many developers, not just in Mohali but even in Gurugram. They quote a lower maintenance charge in the brochure to attract buyers, then once the possession happens, the RWA takes over and the charges shoot up. For a project with 200 units, ₹4-5k for a 2BHK is on the higher side unless the amenities are truly premium. What amenities are they offering?
Exactly! My cousin bought a flat off Airport Road (Gurgaon side), and their maintenance started low but doubled within a year. They regret not getting clarity on the RWA formation and initial corpus. It's not just about the brochure, but also about the RWA's budget and efficiency. Did anyone check the RERA-GRG-877-2021 documents for maintenance clauses?
Sahi baat hai, U5! They showed a clubhouse, gym, swimming pool, and some green areas. But residents I spoke to said the pool is rarely maintained, and the gym equipment is basic. So, for those amenities, ₹4-5k feels like a rip-off. It's tough when you're a first-time buyer and don't know what's normal.
Did a site visit to Signature Global City 37D 1 in Mohali last week. Honestly, I'm so fed up of renting, landlord ne phir rent badha diya. Project looks good on paper, but after talking to a few residents, maintenance charges are making me rethink. Brochure mein kuch aur tha, ab residents bolte hain it's way higher, around ₹4-5k for a 2BHK. Not sure if that's standard ya just bad luck. Is this normal for Mohali projects? Kya amenities bhi utni achhi nahi hain jitna dikhate hain? Anyone living there, what's your actual monthly outgo? Was your possession experience smooth, ya kuch hidden costs the? Pura EMI vs rent math bigad raha hai. Kya karna chahiye?
Yaar, this is why I'm so confused. One minute I'm excited about owning a home, next minute I hear something like this. Is there any way to verify these charges before buying? Like, can we ask for a copy of the maintenance agreement or something? It's a completed project, so why the discrepancy?
Absolutely, same situation! My budget for EMI + maintenance was fixed, but if maintenance is this high, it throws everything off. I thought since it's a completed project (Possession date was 2023-09-01 right?), there would be more clarity. ₹1.2 Cr – ₹1.7 Cr is already pushing my limits. Hidden costs are my biggest fear.
Bhai, you're not alone. I'm also looking at Signature Global projects, and yeh maintenance ka issue har jagah sunne ko mil raha hai. For a 2BHK, ₹4-5k sounds steep, especially if it wasn't disclosed upfront. This builder is known for such things. I heard similar stories from a friend who bought in one of their projects near Badshahpur.