S
Suresh Reddy
Soho By Bren: Bren's delivery track record for investors?
Been tracking Soho By Bren for a few months now, thinking of finally taking the plunge. Fed up of paying rent, EMI vs rent math is finally making sense. Price is ₹1.38 Cr–₹1.96 Cr, which seems okay for the location. My main worry is the builder, Bren. What's their actual track record for delivery? I've heard mixed things, some projects get delayed a lot. As an investor, on-time possession is crucial for rental yield and future resale value. Matlab, if projects get delayed, ROI hit hota hai. Is there a good secondary market for their past projects? Don't want to get stuck with low liquidity. Any insights on Bren's past project timelines ya specific issues with OC for investors?
#bren-soho#project-delivery#investor-risk#resale-value#under-construction
Comments
It's a tough call. On one hand, Bren is a known name, so there's some assurance, but their reputation for delays is also well-known. For an investor, liquidity is key, as U1 mentioned. If possession is delayed, rental income is gone, and reselling an under-construction, delayed project is very difficult. My advice would be to talk to people who have recently taken possession from Bren, not just those who booked years ago. The market dynamics change fast.
Totally agree with the point about talking to recent buyers. The real estate market here is so volatile, past experiences from 5 years ago might not reflect current practices. Plus, Bangalore's property market is softening a bit, so overpaying now for a delayed project could be bad.
So, what did you decide, U1? Are you still considering it?
The current market in Bangalore is very tricky for first-time buyers. Prices are high, interest rates are up, and builders are still struggling with supply chain and labour issues post-pandemic. My friend bought a flat in Adigara Kallahalli from another builder, promised 2023 possession, now it's pushed to late 2024. This affects everything, from your financial planning to your mental peace. Always factor in at least a 6-12 month buffer for delays, no matter what they promise.
To answer the RERA question, I checked their RERA details. The RERA number is PRM/KA/RERA/1251/310/PR/200622/005011. And the official possession date listed is 2025-11-01. So, it's still a couple of years away. This project has 175 units. For a project this size, 2025-end seems okay if they stick to it. But past performance is definitely a concern.
Is the ₹1.4 Cr price for a 1BHK or a 2BHK? What's the carpet area for that?
2025-end? That's quite far. My current rental agreement ends next year. This means more uncertainty.
Honestly, I think Bren has improved a lot recently. Soho By Bren's location is prime, and the amenities look great. Sometimes delays happen with any big builder, it's part of the game. I heard good things about their recent handovers in Akshayanagar.
What's the RERA possession date for Soho By Bren, then? Is it realistic?
Improved? Maybe a little, but my experience with Bren Imperia was a disaster. Booked in 2018, promised possession by 2021, only got it mid-2023. The quality was decent eventually, but the mental stress and extra rent payments were huge. Make sure you read the RERA documents carefully for the exact possession date, not what the sales team tells you.
Been tracking Soho By Bren for a few months now, thinking of finally taking the plunge. Fed up of paying rent, EMI vs rent math is finally making sense. Price is ₹1.38 Cr–₹1.96 Cr, which seems okay for the location. My main worry is the builder, Bren. What's their actual track record for delivery? I've heard mixed things, some projects get delayed a lot. As an investor, on-time possession is crucial for rental yield and future resale value. Matlab, if projects get delayed, ROI hit hota hai. Is there a good secondary market for their past projects? Don't want to get stuck with low liquidity. Any insights on Bren's past project timelines ya specific issues with OC for investors?
Bren ka naam sunte hi darr lagta hai bhai. My friend booked in their project near Aavalahalli a few years back, still waiting for OC. They keep pushing dates. For investors, this is a nightmare. What's the point of investing if you can't even get possession on time?
Totally feel you on the rent vs EMI math. It's a never-ending cycle. I'm also looking at Bren projects, but the delivery track record is my biggest red flag. Heard some horror stories about years of delay. For a first-time buyer like us, that's a huge risk, especially with home loans.