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Neha Malhotra
posted on 10 MaySujjan Vihar construction quality will crush investor returns
Sujjan Vihar ki construction quality pe koi serious discussion kyun nahi? Dubai se invest karna hai, but I'm worried about future maintenance costs, resale value, aur tenant attraction. Disagree? Tell me why.
#gurgaon#sujjan-vihar#construction-quality#investor#nri-investor
Comments
While I agree that construction quality and age are big factors, we also need to consider the full picture. Sujjan Vihar, with its 272 units, might have a very established community and social infrastructure by now. Sometimes older, well-located projects attract tenants who prefer stability over brand-new amenities. It's a balance. The investor needs to weigh the potential for higher rental yield due to location versus the definite risk of higher maintenance costs. Proper due diligence, including an independent structural audit, is crucial before making any decision.
I can totally relate to the maintenance fears. My parents bought an apartment in an older building near Airport Road, and it's been a never-ending saga of seepage issues and lift breakdowns. The society fund is always running low because there are so many repairs needed. It's draining their savings and mental peace. So, yes, construction quality in older projects IS a huge concern for long-term living or even investing for rental income.
U7, yes, it was actually! Very close to the main Airport Road, good connectivity. But even a great location can't fix fundamental structural issues or poor quality materials used initially. The builder had a decent reputation then, but time reveals everything. So, the original poster's worry is very valid.
U6, that sounds awful! Was that project also known for being in a prime locality, like Sujjan Vihar is?
Seriously, the price range of ₹2.4 Cr – ₹2.7 Cr for a project whose possession was given in 2005? That's a huge red flag for me. In Gurugram's current competitive market, especially with so many new launches and RERA-registered projects, why would someone invest such a huge amount in a property that's almost two decades old and has construction quality concerns? For a first-time buyer like me, this looks like a recipe for disaster. Resale will be tough, and tenants are getting pickier these days.
Are you sure? Have you visited Sujjan Vihar yourself recently, ya phir suni sunayi baaton pe jaa rahe ho? Sometimes old projects are well-maintained.
Exactly! Old projects can be a money pit. My uncle bought one thinking it was a steal, but the plumbing and electrical work needed a complete overhaul. Builder ka track record matters a lot, not just the age.
U2, I think U1 has a point. I've heard similar feedback from friends who checked out properties in that general area, specifically around Badshahpur. Even if well-maintained, the original construction quality does show over time. It's not just about current looks, it's about the underlying structure. A physical visit is a must, but also talk to current residents.
Bhai, you've hit the nail on the head. Sujjan Vihar ki construction quality is a known issue, especially for a project that got possession way back in 2005. For ₹2.4 Cr – ₹2.7 Cr, you'd expect something much better, not a property that will demand constant maintenance. Investors from outside India should be extra careful because managing repairs remotely is a nightmare. This price for an old project with questionable quality just doesn't add up in today's market. Better to look at newer options, even if they're slightly further out.