R
Rahul Patel
posted on 1 AprSupertech Emerald Court fiasco still scares me in Noida
Honestly, I'm still scared to invest in Noida after the whole Supertech Emerald Court demolition. I know things have changed, but builder ka track record kya hai? My wife's priority is safety for the children. Is there any builder jinka RERA compliance is top-notch and no legal cases pending? I need at least a 3BHK, so resale value bhi matter karega. Which builder gives better resale value 5 years down the line? Need suggestions, especially from those who've bought recently. Darr lagta hai, yaar.
#rera-compliance#noida-real-estate#resale-value#legal-risk#supertech
Comments
Ultimately, it comes down to your risk tolerance. If you're risk-averse, stick with established builders like Godrej, ATS, or DLF. If you're willing to take a bit more risk, you might find a better deal with a smaller builder.
What happened with Emerald Court was a lesson for all of us. I hope things are better regulated now.
Remember to negotiate hard with the builder. They're always willing to give discounts, especially if you're paying in cash.
I'm also worried about the rising interest rates. It's making it even harder to afford a home.
Did the original poster decide on a builder yet? Curious to know what he/she went with.
I'm also looking for a 3BHK in Noida. Budget is around 1.5 Cr. Any suggestions for good projects in that range?
In that budget, you can check out some projects in Sector 7x. Thoda outer side mein hai, but you'll get more space for your money.
Honestly, Noida is still a risky market. But if you do your homework and choose a reputable builder, you can find a good deal. Just be careful and don't rush into anything.
Also, check the carpet area carefully. Some builders quote a super area that's much larger than the actual usable space.
One more thing - visit the RERA website and download the project's documents. You can see all the approvals and pending cases (if any).
Yeah, Emerald Court really shook everyone up. I think builders are more careful now, but it's still important to be vigilant.
Anyone has experience with Ace Group? They are offering good deals in Sector 150, but I'm hesitant.
Ace ka toh mixed review hai. Some projects are good, some are delayed. Check their past projects carefully.
Sector 150 is developing fast. But connectivity is still an issue. Make sure they have good infrastructure plans.
Check the builder's history with the Noida Authority too. Some builders have issues with land allotment and approvals.
Don't forget to factor in the registry charges and stamp duty. It can add a significant amount to the overall cost.
I bought in Godrej Woods, Sector 43. RERA compliance seems good so far. Possession is on time (at least for my tower). But resale value 5 saal baad... who knows? Market conditions also play a big role.
Godrej is generally considered safe. Thoda premium hai, but peace of mind toh hai.
Sector 43 is a good location. Metro connectivity is a big plus for resale.
Honestly, resale value depends on the location more than the builder in the long run. Look at sectors near the metro line or good schools.
I had a similar experience 2 years ago. I was so paranoid after the Supertech thing. I ended up going with ATS. A bit expensive, but they have a good track record.
ATS is a solid choice. They've been around for a while and haven't had any major scandals.
Bhai, don't just rely on what people say. Go to the site yourself. Talk to residents. See the construction quality.
Honestly, I'm still scared to invest in Noida after the whole Supertech Emerald Court demolition. I know things have changed, but builder ka track record kya hai? My wife's priority is safety for the children. Is there any builder jinka RERA compliance is top-notch and no legal cases pending? I need at least a 3BHK, so resale value bhi matter karega. Which builder gives better resale value 5 years down the line? Need suggestions, especially from those who've bought recently. Darr lagta hai, yaar.
Bhai, I feel you! Emerald Court was a huge wake-up call. Builder promises toh bahut karte hain...but reality is something else. RERA is good, but still doesn't guarantee everything.
True that. RERA is just a piece of paper if the builder is determined to cheat. Dil se darr nahi nikalta.
Don't just look at RERA compliance, check their financial health too. A lot of these builders are heavily leveraged. If they go bankrupt, you're stuck.