Supertech Officers Enclave is a risky bet
Been tracking Gurugram projects for months, but this Supertech Officers Enclave keeps popping up. I work in real estate, so I know how builders spin things, but buying for myself is different. The price point, like 39-54L, seems interesting for an upcoming project. But Supertech ka track record, especially with delays, worries me. Kya lagta hai, will they actually deliver this one on time? I'm thinking long-term investment, 5-7 years. What's the resale market like for these 'Officers Enclave' concepts in Gurugram? Will there be good exit options, ya phir fas jaunga? Any actual ground reality on their current project execution? Don't want to get stuck with an under-construction project for years, you know? Asking for honest opinions, not marketing spiel.
Comments
I agree with the general sentiment here. Resale for projects with such a shaky reputation and long delays is always tough. Buyers are smarter now, they check RERA. You might get stuck trying to find an exit option. It's better to invest slightly more in a project with a clear delivery record, even if it's a little further out, like towards Baliawas. Peace of mind is priceless.
Honestly, 39-54L for a Supertech project that's already delayed by 3+ years is not a good deal. In today's market, with interest rates going up, getting stuck in an under-construction project means your capital is blocked, and you're losing out on other opportunities. Gurugram has better, more reliable options if you stretch your budget a little or look at slightly older, ready-to-move properties. Don't fall for the 'upcoming' tag when the RERA date is so old.
My friend invested in a Supertech project on Airport Road side a few years back. The initial promise was 3 years, then it became 5, and now they're talking about another 2. He's paying EMI and rent, completely stressed out. The 'Officers Enclave' concept sounds fancy, but doesn't guarantee timely delivery or quality. For a first-time buyer, this kind of stress is not worth it, even if the price seems tempting.
I was looking at another project by them in Baharampur Naya, similar price point. But after hearing so many horror stories, I'm thinking twice. The 'Officers Enclave' name is just marketing, right? It doesn't mean anything special for possession.
Oh no, that's my biggest fear! Paying both EMI and rent is a nightmare. Thanks for sharing this, U5, it really helps to hear actual experiences.
Exactly! The price range looks good for Gurugram, but if the possession date is 2020-10-01 and it's still 'upcoming', that's a massive red flag. Is this even legal? What's the RERA status showing currently?
U3 is right. That 2020 date means it's not 'upcoming', it's 'overdue'. Builders like this play with words. It's a classic Supertech move, unfortunately. I've seen it happen in Badshahpur too.
Haan yaar, U2, you hit the nail on the head. The RERA website (registration number 258) clearly shows the 'Revised Proposed Date of Completion' as 01-10-2020. This means it's already delayed by over three years. Builders often just keep updating the status or showing it as 'upcoming' online to attract new buyers, but the ground reality is different. This isn't just a slight delay, it's a historical one. Be very wary of such projects.
Bhai, Supertech ka naam sunke hi darr lagta hai. My cousin got stuck with their project near Aerocity for almost 6 years. It's a huge risk, especially with an 'upcoming' project and that old possession date. Be very careful.