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Pranav Adani
posted on 16 MaySohna amenities are just fluff for investors
Sohna projects like Paramount Luxury Ansal Esencia, everyone talks premium amenities. But honestly, for an investor based in Dubai, construction quality matters more than a fancy clubhouse. Inferior build quality means higher maintenance, lower resale, aur tenant ko bhi problem. Does anyone actually see ROI from these 'world-class' amenities? Change my mind.
#sohna#investor#construction-quality#amenities#resale-value
Comments
While I agree that amenities can be glorified fluff, sometimes a project's location or the builder's overall reputation (if good) can still make it viable. But with only 4 units and a 2015 completion date, the 'luxury' tag for Paramount Ansal Esencia seems more about exclusivity than real value. Investors need solid rental yields and capital appreciation, neither of which are guaranteed by a fancy clubhouse. For us first-time buyers, it's about finding a safe bet, not a gamble on 'world-class' dreams.
₹3.3 Cr for a project completed in 2015? That's a steep price, even for luxury. The market in Gurugram and Sohna has seen its ups and downs since then. What makes this particular project still command such a high price point, especially if the amenities are just for show? Is there some hidden value or just builder pricing tactics?
Sahi kaha. This price point usually gets you into prime sectors closer to Airport Road with better appreciation potential. Sohna is still developing, and for a 2015 project, the appreciation should have already happened. Feels like they're still trying to sell it at peak 2014-15 prices.
The price is definitely a red flag for a first-time buyer like me. ₹3.3 Cr is a huge amount to commit. If the RERA isn't applicable and it's already an older project, the risks feel higher than the potential returns. Plus, only 4 units? That's hardly a community, more like a private residence with shared costs.
Exactly! 2015 possession means it's an old property by now. For that price, I'd expect something much newer, maybe even under construction with better payment plans. The current market is very sensitive to new launches, so an older project needs a compelling reason to justify that tag.
I can vouch for this. My uncle bought a flat near Badshahpur a few years ago, not this project, but another one in Sohna. The builder promised grand amenities – a gym, a small park – but the build quality was so poor, the walls started cracking within two years. Now he's spending a fortune on maintenance, and the 'amenities' are barely functional. Resale value toh bhool hi jao. For ₹3.3 Cr, you expect much more than just a fancy brochure.
Paramount Luxury Ansal Esencia? Is that project even fully occupied? And RERA number is not applicable for a completed project from 2015, right? Just curious about the actual ground reality there.
Occupancy toh pata nahi, but 4 units in total sounds really small for a 'luxury' project. Usually aise projects mein amenities ka cost spread out hota hai. Yahan toh har unit pe kitna burden hoga maintenance ka? This makes me nervous.
Haan bhai, RERA only came into effect after 2016, so pre-RERA projects won't have it. But that doesn't mean we shouldn't be careful. The project was completed in 2015. With only 4 units, it's a very niche property.
Totally agree with the sentiment! These builders hype up amenities like infinity pools and golf simulators, but in Sohna, who's actually using them daily? As a first-time buyer, my biggest fear is getting stuck with a property that needs constant repairs. Construction quality is paramount, especially for an investment.