Upgrading for family, is 'Under Construction' still viable?
Since last Diwali, I've been eyeing properties in Hyderabad, looking to upgrade to a bigger 3BHK for the kids. This 'Under Construction' corridor seems promising, but yaar, prices have shot up. My wife's priority is a safe neighborhood with good schools nearby, so connectivity bhi important hai. I'm honestly not sure if this area is still a good investment, ya fir price peak ho chuka hai? One thing I learned was to dig deep into the builder's RERA filings, especially the quarterly progress reports and financial status. Builders often hide cost escalations ya delays wahan. Not sure if the ROI is still good after 2-3 years at current rates. Koi advice hai ki kaunse sectors mein abhi bhi value hai for an end-user? Hope this tip helps someone else navigating this market. Any other practical tips for under-construction properties?
Comments
Totally relate, bhai! Since Diwali, I've seen prices skyrocket in areas like Attapur. Builders promise the moon, but then delays and hidden costs start. RERA filings are a good tip, but it's so much data to sift through, especially the quarterly progress reports. My biggest worry is getting stuck with an incomplete project or one where the quality is compromised due to cost-cutting. Is the current market just speculative, or is there real demand driving these prices up?
Haan bhai, same here. Builder ne