S
Siddharth Joshi
posted on 9 MaySobha's delivery promises are a joke, honestly.
Sobha's project delivery track record is a huge red flag. I'm eyeing Silicon Oasis for investment, but heard about major delays. Does this affect capital appreciation or exit strategy? Need honest opinions.
#sobha-silicon-oasis#project-delivery#investor-advice#capital-appreciation#exit-strategy
Comments
So if Silicon Oasis is completed, then the initial concern about delays affecting appreciation is moot for *this* project. Toh abhi kya scene hai capital appreciation ka? After completion, kitna badha hai price? Has it seen good growth since 2019?
Okay, so Silicon Oasis is done. Good to know. But generally, the Bangalore real estate market has been tricky. Even if a project is completed, the capital appreciation depends a lot on the current market sentiment and overall economic factors. Plus, the price range of ₹2.0 Cr – ₹4.3 Cr is quite high for many first-time buyers, making exit options sometimes limited.
Hold on, guys! I think there's some confusion here. Sobha Silicon Oasis (PRM/KA/RERA/1251/310/PR/170824/000032) is actually COMPLETED. The possession date was way back on 2019-04-01. I know a few people who moved in there years ago. Maybe your friend is talking about a different Sobha project or got their info mixed up?
Yes, U7 is absolutely right! Sobha Silicon Oasis was completed on time, or very close to it. My uncle actually bought a unit there, a 2.5 BHK for around 2.2 Cr back then. RERA status clearly shows COMPLETED. The RERA number is PRM/KA/RERA/1251/310/PR/170824/000032 for Phase 1. So, for this specific project, the delay concern doesn't apply. Maybe the OP's friend had issues with another Sobha project, because they have many across Aavalahalli and other parts of Bangalore.
Really? Bhai, Sobha Silicon Oasis toh kabka complete ho gaya na? Tum kisi aur project ki baat kar rahe ho kya? My cousin lives there, moved in around 2019 only. No delays for that one, from what I remember.
Haan bhai, this builder ka track record bahut poor hai. My friend had issues with another Sobha project, not Silicon Oasis, but general delays. It's a common problem now.
I thought Sobha was one of the more reliable ones. This is really confusing. Are all builders like this now? It's so hard to trust anyone with such a big investment.
Did you check their RERA status for this project? That usually has the updated possession dates.
Sobha's project delivery track record is a huge red flag, honestly. I'm eyeing Silicon Oasis for investment, but heard about major delays from a friend who booked with them years ago. Is this true for Silicon Oasis specifically? Does this affect capital appreciation or exit strategy? Need honest opinions, especially from those who've dealt with Sobha.
Exactly! My biggest fear as a first-time buyer is getting stuck with a delayed project. All my savings are going into this. I was looking at a plot in Akshayanagar, but then thought of an apartment for better security. If even big names like Sobha delay, what hope do we have? Yeh sab sunke toh aur darr lag raha hai.
Totally agree with you, yaar! Sobha used to have such a good name, but lately, their timelines are a joke. Mera ek relative booked in a different Sobha project near Sarjapur, aur abhi tak possession nahi mila hai, date pe date mil rahi hai. It's frustrating for first-time buyers like us.