S
Salma Sheikh
posted on 31 MarUnder-construction risk in Noida is totally overblown
SS Group mein dekh raha hu Sector 110 mein. My wife's priority is a good school nearby for the kids. Ready-to-move is expensive yaar. Under-construction mein PLC charges kam hote hain. Not sure if I should take the risk though. What does everyone think? Is it worth it?
#under-construction#noida#sector-110#ss-group#possession-delay
Comments
So, what did you decide? Are you going ahead with SS Group or exploring other options?
I think if school is priority, ready to move is the only logical option. Risk nahi le sakte with kids' education.
Don't forget to factor in the cost of furnishing the apartment. Ready-to-move mein you can start living immediately. Under-construction mein, add another 6 months for finishing and furnishing.
Look beyond Sector 110 also. Sector 93, 93A also have good schools and comparatively better prices. Thoda research karlo.
Final word: Under-construction in Noida? Proceed with extreme caution. Do your due diligence, check everything twice, and prepare for potential delays.
New metro line is coming up near Sector 110. That will definitely boost property prices in the future. Keep that in mind.
I booked a flat in Sector 150. Possession was promised 3 years ago. Still waiting. Builder just keeps sending 'demand letters' for more money. Stay away from under-construction if you can avoid it.
Check the builder's CSR (Corporate Social Responsibility) activities. A good builder usually invests in the community. It's a good indicator of their intentions.
RERA website pe jaake project details dekho. Litigation history waghera sab mil jayega.
Under construction is risky, but the potential for appreciation is higher. Ready-to-move mein appreciation limited hota hai.
PLC charges kam hote hain, but EMI and rent, dono saath mein dena padega until possession. Calculate that cost also. Might end up being more expensive than ready-to-move.
Noida mein under-construction projects are always risky. Check the builder's financial stability. Many builders are struggling with cash flow.
What's the price per sqft they are quoting? Sector 110 is prime location, prices have gone up a lot recently.
They are quoting around 8500 per sqft.
Don't just focus on PLC. Look at the total cost of ownership including registration, maintenance, and other hidden charges. Builders love to hide these.
Sector 110 mein schools are definitely a plus point. But SS Group ka reputation mixed hai. Check their past projects carefully. Delay kaafi hota hai.
My personal experience: I booked an under-construction property in Sector 75 five years ago. Still waiting for possession! Builder keeps giving new dates. Total headache. Ready-to-move is worth the extra cost, trust me.
Which project of SS are you looking at specifically? Sector 110 has a few. Some are better than others in terms of progress.
I am looking at 'The Leaf'. What's your opinion?
Under construction risk is real, especially in Noida. I'd say only go for it if the builder has a solid track record and RERA compliance is perfect. Otherwise, the peace of mind with ready-to-move is priceless.
SS Group... hmm. Sector 110 is good location wise, but under construction is always a gamble. Have you checked their RERA registration number? That's the first thing you should do.
Bhai, 'PLC kam hote hain' is only a mirage. Delayed possession mein interest dete dete PLC se zyada nikal jaata hai. Been there, done that. I'd suggest looking at resale options if immediate school access is a must.
Exactly! Resale mein you know exactly what you're getting. No surprises later.
Resale is good, but finding a good resale apartment in a good society near a good school is like finding a needle in a haystack. And they quote insane prices!