Riya Oberoi

posted on 28 Mar

Supertech's ghost towers haunt Noida's entire market.

I work in real estate, but even *I'm* nervous buying here now. Supertech's collapse...oof. Honestly not sure if other builders learned anything. Anyone else worried about hidden charges at possession with other builders? Is resale value even possible now? Should I just rent?

#supertech#resale-value#hidden-charges#noida-market#builder-reputation

Comments

Garima Khanna28 Mar

So, what's the consensus? Rent for now and wait for the market to stabilize, or take the plunge and hope for the best?

Meera Jain28 Mar

Honestly, I'm going to wait and watch. Too much uncertainty right now. Better safe than sorry.

Simran Sandhu28 Mar

Be careful with Supertech's other projects! They are trying to sell them off cheap now. Don't fall for it!

Rohan More28 Mar

Rising interest rates are also a concern. EMI is going to kill us!

Jyoti Agarwal28 Mar

What about Gaursons? Are they reliable? Thinking of investing in their new project in Greater Noida West.

Kavita Chopra28 Mar

Gaursons is generally considered better than Supertech, but still, do your research. No one is 100% safe.

Vivaan Sethi28 Mar

I think the key is to buy in projects that are nearing completion. Less risk involved.

Aishwarya Pillai28 Mar

This whole situation is making me question my decision to buy in Noida Extension 5 years ago. Ab toh fas gaye hum!

Gayatri Menon28 Mar

I bought in Jaypee Greens. So far so good, but still a bit nervous after the Supertech fiasco.

Raghav Chopra28 Mar

New metro line coming up in Noida Extension might help with resale value in the long run. But who knows when it will actually be completed lol.

Sarita Krishnan28 Mar

Renting is a safe bet, U9. At least you're not stuck with a property you can't sell. But prices are only going up, so you'll be paying more rent over time.

Garima Khanna28 Mar

Mera toh personal opinion hai ki invest karna hai toh karo. But research thoroughly. Check RERA registration number, past project delivery, everything!

riya_basu_xyz28 Mar

Exactly U11. RERA registration is a must! Don't even consider a project without it.

simran.gujral.mumbai28 Mar

RERA registration is not enough. They can still delay projects even with RERA. Look at the builder's financials!

Amrit Brar28 Mar

Anyone have experience with ATS? I'm considering a property in Sector 150.

Arvind Krishnan28 Mar

Sector 150 is good, U13, but ATS Green Village ka possession mila kya? Heard there are delays.

sameerpatel_sp28 Mar

Sector 150 ka avg rate 7k/sqft hai abhi. Is it worth it considering the risk?

manisha.garg.45628 Mar

Haan, I know someone who bought there. Still waiting for possession. Almost 2 years late!

Kavita Chopra28 Mar

Hidden charges toh har jagah ka issue hai. Read the fine print carefully. Mera experience toh bahut kharab raha tha. They tried to charge me for things that were already included.

Meera Jain28 Mar

Agreed U4. My friend bought a flat in Sector 75 and they tried to sneak in parking charges at the time of possession. Fight karna pada!

vivaan.sethi.4428 Mar

Sector 75 is a mess anyway. Too much construction still going on. Dust everywhere!

jyoti.mehta_202428 Mar

Parking charges are a standard scam, no? RERA mein complaint karo. They can't charge you extra if it wasn't in the agreement.

ali_qureshi.abc28 Mar

Exactly U7! RERA is your friend. Use it!

Ruchi Ahuja28 Mar

I'm an NRI and I'm terrified of investing in Noida now. So much uncertainty. Is it better to just stick to renting?

Rohan More28 Mar

Totally agree yaar. Supertech toh bas ek trailer tha. I'm worried about Amrapali's projects now. Kya hoga unka?

Jyoti Agarwal28 Mar

Bhai, resale value ka toh mat hi poocho. Noida Extension mein toh aur bura haal hai. Everyone's scared.

Riya Basu28 Mar

I think it's a good time to negotiate HARD. Builders are desperate to sell. Leverage Supertech's situation to your advantage. But do your due diligence!

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