Signature Global Titanium SPR investors, anyone worried about delays?
Since last year I've been eyeing Signature Global Titanium SPR in Sohna. My parents keep pushing this as an investment, but honestly, the prices are already ₹5 Cr+ for an under-construction project. I'm really worried about the delivery timeline. Heard some whispers about delays, and my whole ROI calculation for rental income depends on timely possession. Is anyone else here invested in Titanium SPR? What's the ground reality on their construction pace? Are they actually on track or is this going to be a long wait?
Comments
Okay, so a lot of us are worried about the delays and the price point. The fact that the RERA date is so far out, 2031-05-01, means they have a lot of buffer. While it's good they have a valid RERA number (GGM/831/563/2024/58), it doesn't guarantee early delivery. My advice would be to factor in at least a 1-2 year delay beyond even that RERA date for any under-construction project, just to be safe. That's what I learned from my experience with a project in Baharampur Naya.
Parents pushing for investment is a classic Indian story, haha. But seriously, at 5 Cr+, you could get a ready-to-move-in property in a developed part of Gurugram, maybe not as fancy but with immediate rental income. Waiting till 2031 for ROI seems like a gamble. What's the rental yield expectation for Sohna in 2031 anyway?
I'm also looking at Titanium SPR but the price is giving me cold feet. ₹5 Cr+ for 613 units, that's a lot of inventory to sell. My agent said it's a premium offering, but premium doesn't always mean timely delivery, especially with the current market slowdown in some segments. Has anyone actually visited the site recently? What's the construction progress like on the ground?
My broker told me they are pushing for early delivery to create goodwill, but that sounds like standard sales talk. Given the official 2031 date, I wouldn't bet on anything sooner. The price range of ₹5.0 Cr – ₹6.8 Cr is steep for the location, even if it's luxury.
I visited the site last month. Construction is ongoing, but it didn't look like a super fast pace to me. More like steady. The RERA date is far out, so they probably aren't in a rush. It's hard to tell if it's on track for 2031 or if they'll push it later. The total units are 613, so it's a massive project.
Bhai, 5 Cr for Sohna? That's seriously high. Signature Global ka track record waise bhi mixed hai. I heard from a friend who invested in their project near Badshahpur that possession was delayed by almost a year. For Titanium SPR, have you checked their RERA date? That's the only official timeline you can trust.
2031 May? That's like 7 years from now! My God, the initial poster is right to be worried. That's a huge commitment for an under-construction project at that price point. What if the market dips again?
Exactly! My cousin booked with them near Airport Road and it was a nightmare. The RERA date for Titanium SPR is 2031-05-01 as per their RERA number GGM/831/563/2024/58 DATED 03.06.2024. That's still so far away, anything can happen.
Since last year I've been eyeing Signature Global Titanium SPR in Sohna. My parents keep pushing this as an investment, but honestly, the prices are already ₹5 Cr+ for an under-construction project. I'm really worried about the delivery timeline. Heard some whispers about delays, and my whole ROI calculation for rental income depends on timely possession. Is anyone else here invested in Titanium SPR? What's the ground reality on their construction pace? Are they actually on track or is this going to be a long wait?