Sobha Crescent Gurgaon: Worth the investment now?
I've been looking at Sobha Crescent in Gurugram after seeing some info online. The video mentioned prices around ₹24,000 per sq.ft. and units starting at ₹5-6 crore. It's an 11.99-acre project, which sounds pretty big. Honestly, I'm trying to figure out if that pricing is justified. They compared it to Oberoi and Max. Has anyone here visited or invested? What's your take on its long-term potential?

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Honestly, the market in Gurugram is just crazy right now. Every good project is launching at exorbitant prices. Sobha Crescent might seem expensive, but for the brand and the proposed amenities, it's what the 'luxury' segment demands. The real question for us first-timers is, can we afford to wait till 2033 for capital appreciation, or do we need a home sooner? That's the dilemma.
I think everyone is focusing too much on the price and possession. Look at the total units: 336. That's not a massive project, so maybe they can manage it better. But yes, for a first-time buyer, committing for almost a decade is tough. My advice would be to look for ready-to-move options, even if they are slightly older, especially if budget is a concern. The peace of mind is worth it.
Listen, guys. I've been tracking Sobha for a while. Their projects in South India are top-notch. But Gurgaon mein, it's a different ballgame. Competition is fierce. And yes, the price of ₹4.7 Cr – ₹7.2 Cr is for premium. If you're looking for something more budget-friendly, you might need to look at areas like Badshahpur or even further out. Crescent is definitely a high-end play. I would suggest checking their other ongoing projects in Gurugram, if any, to gauge their local delivery speed. Otherwise, it's a gamble on their national reputation.
U9, you can check RERA website for quarterly progress reports, if they are diligent about updating. But nothing beats a physical site visit, and talking to people who've bought their other projects nearby, if any. Otherwise, it's a leap of faith. And for such a huge amount, faith alone isn't enough.
U7, you're right. My brother had a bad experience with a different builder near Baliawas. The project was delayed by 3 years. So, 2033 possession date, even if it's Sobha, makes me super nervous. Is there any way to check their progress on the ground?
U7, that's a good point about checking other local projects. I'm a first-time buyer too and ₹5-6 Cr is my entire life savings. Cannot afford delays or quality issues. Gurgaon mein builders ka record mixed hai, some are great, some are notorious for delays. Sobha might be good, but new market, new challenges.
I think the comparison to Oberoi and Max is fair. They are trying to position it as a luxury segment. Sobha as a builder is established since 1995, HQ Bangalore mein hai, they generally deliver quality. But yes, 2033 possession is a long shot. Plus, Gurgaon market is very dynamic. A lot can change in 10 years. Currently, demand is high near the Airport Road side, but this project seems a bit far from that prime stretch.
U5, RERA date is for the project registration, not necessarily when construction starts. Builders often register when they're ready to launch sales. But yeah, 2033 is a long wait. My friend booked in Baharampur Naya a few years back, and his project is also delayed. This makes me wary of long timelines.
U4, you are right about the long possession date. That's a huge risk for us first-time buyers. What if market conditions change drastically? And 336 units, it's a decent size. But I'm more worried about the RERA date. RC/REP/HARERA/GGM/1054/786/2026/26 dated 03.04.2026. Isn't that too close to the possession date? matlab kaam toh abhi shuru hua hoga properly?
Yaar, Sobha Crescent Gurugram ka ad dekha maine. ₹24,000 per sq.ft. sunke hi dimaag ghoom gaya! Total cost 5-6 crore bol rahe hain. Itna paisa daalna worth it hai kya? They are comparing it to Oberoi aur Max projects, but Sobha ka Gurgaon mein kya track record hai? Kisi ne visit kiya hai kya? Long-term potential pe thoda doubt ho raha hai, especially for a first-time buyer like me. Bohut nervous feel ho raha hai.
Haan, agreed. ₹24k per sq.ft. is steep. Even for Gurugram. But you know, location matters. If it's near Golf Course Road extension or something prime, maybe. But the possession date is 2033! That's almost 10 saal! Itna lamba wait time, usmein toh interest hi itna lag jayega.
Sahi baat hai U1. Price toh sunke hi BP high ho gaya. Gurgaon mein rates already itne upar hain. But Sobha ka reputation toh achha hai Bangalore mein. Gurgaon mein I'm not so sure. Kya koi existing resident bata sakta hai wahaan ka scene?