Under-construction projects: too much risk for NRIs?
My work permit renewal is due next quarter and I need to finalize a Delhi property before that. I'm based in Dubai, can't do site visits easily, so relying on community feedback. Looking at Sk Green Apartment (ready, ₹55-60L) versus Planner N Maker PNM Homes 1. Honestly, Sk Green sounds safer, no? Everyone glorifies new launches for appreciation but nobody talks about under-construction headaches, especially for NRIs. PNM Homes 1 ka status 'null' hai, matlab kitna delay hoga? Builder ka track record kya hai? Ready property ka peace of mind, especially for rental income, is priceless. Sk Green mein at least ghar dikhta hai. Is it just me, ya under-construction investments are a huge gamble for us? End-user vs investor ratio bhi matter karta hai, ghost society ka darr lagta hai. Rental potential bhi Sk Green ka better lagega, right? Change my mind about new launches being too risky for NRIs.
Comments
Totally agree. Under-construction is a nightmare, especially for NRIs. Site visits toh dur ki baat, builder phone bhi nahi uthata. Sk Green sounds like peace of mind. I'm also eyeing a property near Aram Bagh, similar dilemma.
Exactly! I'm also a first-time buyer and
Haan bhai, same experience. My cousin lost so much money in a project near Alaknanda.