Under-construction projects are too risky for NRI investors.
₹75 lakh investment for a 2BHK in Greater Noida feels like a big decision from Dubai. I'm looking at Mahagun My Woods (completed) versus Unnati Fortune World (ongoing). My main concern is builder trust factor since I can't do site visits myself; Mahagun ka track record kaisa hai, especially for post-possession issues? Aur Unnati Fortune World ki current progress kaisi hai, given the delays some projects face? Total cost of ownership bhi important hai, including all those hidden charges like PLC, maintenance. Which one offers better rental potential for an NRI who'll need a property manager? Matlab, tenants kisko prefer karenge aur rent kismein zyada milega? I need some ground reality checks. The community's insights would be really helpful for a 5-year investment horizon, considering minimal hassle for an owner living abroad. What's your advice?
Comments
Bhai, NRI ho toh under-construction se door hi raho. Ready-to-move mein thoda premium doge but peace of mind milega. Builder trust factor India mein bohot volatile hai, especially for projects with long delays. Mahagun My Woods is completed, so that's a plus for sure.
Totally agree with this. Completed projects mein no surprises, you see what you get. For an NRI, that's crucial.