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Aparna Menon
Trump Towers Gurgaon: Timelines realistic for high-rises?
Just watched a video about Trump Towers Gurgaon. They're talking about crazy returns, like 30% IRR by 2025 if you bought in 2018. Sounds good on paper, but honestly, my biggest worry with these big projects is always the delivery. Builders often promise the moon, right? Gurgaon mein aisi high-rises ka kya scene hai for possession? Do they usually stick to their timelines? I'm thinking about booking something similar but don't want to get stuck waiting for years. Koi experience share kar sakta hai?
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I spoke to a broker about this project last year. He said the construction is progressing well, but obviously, they always say that. For a project of this scale and brand, they usually try to stick to deadlines to maintain their image. But as a first-time buyer, my main concern would be the actual handover process, quality, and hidden charges. Returns toh baad ki baat hai.
Decent timeline? I think 8 years for 262 units is quite long. For that price, I'd expect faster. Is there any penalty clause mentioned in their agreement for delays? Most builders include it but it's usually peanuts compared to the EMI you pay. I'm looking at something in Badshahpur and even there, the clauses are weak.
My friend works in real estate, he says Trump Towers has generally been on track from what he's seen. They have a good reputation for premium segment delivery, but yes, any high-rise project can face unforeseen challenges like labor shortages or material delays. It's not just the builder, sometimes it's external factors. But 2025 for a project started in 2017 (RERA 2017) is a decent timeline.
Honestly, 30% IRR sounds like a marketing gimmick for a project like Trump Towers Delhi NCR. Price range hi dekho, ₹11.7 Cr se ₹20.2 Cr. Jo log itna invest kar rahe hain, they're looking for stability, not just crazy returns. Possession date 2025-06-01 hai, that's what their RERA filing says. But with only 262 units, delays can still happen.
Bhai, 262 units means it's a niche project. Sometimes smaller projects get done faster because less complexity. But then again, if there's a funding issue, even small can become big. Have they started giving updates on construction progress regularly?
Exactly! The price point is already so high, the risk of delay feels even bigger. What if the market dips by 2025? It's not just about getting the flat, it's about the value too. Gurugram market abhi thoda slow hai in certain segments.
Yaar, ye Trump Towers ka naam sunke hi lagta hai kuch bada hai. 30% IRR sounds insane, but I totally get your worry about timelines. Mera ek friend Baharampur Naya mein ek project mein phasa hua hai, 2 saal late chal raha hai. Kya Gurgaon mein bhi ye common hai?
Baharampur Naya toh chalo theek hai, but Trump Towers, that too in Delhi NCR, usually these big names are a bit more disciplined, right? But haan, builder ka bharosa karna mushkil hai. I heard their RERA number is 375 of 2017. Does that guarantee anything?