S
Shabana Azmi
posted on 27 MarUnder-construction or ready-to-move near Jewar Airport?
Since January I've been agonizing over this! I work in real estate but buying for myself is different. Thinking of investing near Jewar Airport, long-term play. Option 1: under-construction project by Brickland Projects Pvt Ltd, claims good ROI but possession is 2027. Option 2: ready-to-move in Goyal Colony, resale, slightly older, higher initial cost. Honestly not sure if the potential airport impact will be bigger on newer projects. Is it worth the risk of delays with under-construction, even with RERA? Or should I just go for something I can rent out immediately? What does the community think? Which would you pick in my position?
#under-construction#ready-to-move#jewar-airport#investment-advice#possession-delay
Comments
Don't forget to physically visit both properties before making a decision. Pictures can be deceiving!
In summary: Jewar potential is high, but 2027 is far. Brickland's reputation is questionable. Goyal Colony is safer but less growth. Dil se socho, dimag se calculate. All the best!
Honestly, with interest rates rising, I'd prefer the ready-to-move option. Less financial burden in the long run.
Jewar is the future, no doubt. But 2027 is too far. Too much can happen in 4 years. Politics, market fluctuations... I'd play it safe with Goyal Colony.
If you're in real estate yourself, you should know the risks! Under-construction is always a gamble. Go for the sure thing, especially if you can rent it out immediately.
Sector 150 ka avg rate 7k/sqft hai abhi. Just for comparison, in case you're considering options there as well.
So, what did you decide? Under-construction or ready-to-move? Curious to know!
Haan bhai, update toh do! We're all invested in your decision now lol.
Check amenities completion before booking, I made that mistake. Builder showed fancy brochure, but the swimming pool and clubhouse are still under construction after 3 years!
RERA registration check kiya kya? That's the first thing you should do. And read the fine print carefully!
Possession mila kya kisi ko Brickland mein? Any recent updates from buyers?
I haven't heard any positive news about Brickland's possession timelines. Someone mentioned a delayed project in Noida Extension earlier – that's worrying.
Exactly. Silent treatment from builders is a red flag. Better to avoid such projects.
Be careful with Brickland. I heard they have another project in Noida Extension that's delayed by over a year. Check their track record very carefully.
Under-construction is always risky, especially in Noida. Builders promise heaven and earth, but reality is often different. I'd go for ready-to-move, personally.
One thing to consider is the new metro line extension. Will it benefit either location? That could be a game-changer.
The airport is definitely going to boost prices in the long run, but the question is when. And how much are you willing to wait? Personally I feel that rates have already gone up in anticipation so the major gains are already done.
Exactly! It's not like prices will double overnight when the airport opens. The market is already anticipating it.
Good point! A lot of the 'Jewar effect' might already be priced in. We need to be realistic about future appreciation.
Mera bhi same experience tha 2 years ago. I was looking at an under-construction property in Sector 150. Promised possession was 2022, still waiting! I wish I had gone for a ready-to-move option. Lesson learned.
Goyal Colony... which sector is that in? And what's the going rate per sq ft there right now? Anyone have recent data?
I think Goyal Colony is near Pari Chowk. Rate should be around 4-5k per sq ft, depending on the condition of the apartment.
Haan, U11 is right. Pari Chowk ke paas hi hai. But check the exact location and amenities. Some parts are better than others.
Don't forget to factor in the cost of renovation if you go for an older apartment. That can add up quickly!
Tough one! Jewar is the future, no doubt. But 2027 is a long wait. Brickland... I've heard mixed reviews. Goyal Colony is safer, instant rent, but less growth potential maybe? I'd lean towards ready-to-move for peace of mind.
Bhai, under-construction near Jewar is a gamble. Builders promise the moon, but delays are common. RERA is there, but fighting them is a headache. Goyal Colony resale seems smarter, at least you see what you're getting.
I agree with U2. Delays are a serious risk. Check Brickland's RERA registration number and see their track record. Also, Goyal Colony might be older, but location matters. Is it close to the Yamuna Expressway? That's key.
Jewar Airport is a goldmine, eventually. But 2027? That's a lifetime in real estate! What's the cost difference between the two options? A detailed ROI calculation is needed. Also, what about rental yield in Goyal Colony?
U4 sahi bol rahe ho. ROI calculation is must. Also, check the carpet area of both properties. Sometimes, ready-to-move has less usable space.
Rental yield in Goyal Colony won't be great, to be honest. It's an older area. But instant income vs. potential future income... that's the question.
U5 is spot on. Opportunity cost is huge. Money sitting idle for 4 years. Better to have something generating income now.
Exactly! ROI is key. Don't just look at the potential appreciation near Jewar. Factor in the opportunity cost of waiting until 2027. Can you get a decent rent from Goyal Colony to offset the higher initial cost?