K
Kunal Mittal
posted on 12 MayVedantha Maanya Heights: Is its ROI potential overhyped?
3 site visits to Vedantha Maanya Heights, still debating investment. Price ₹38.44 L–₹52.20 L seems okay for an ongoing project. But for capital appreciation, kya lagta hai? Has price moved much since launch, ya abhi bhi entry point sahi hai for good ROI? My main concern is Vedantha Group ka delivery track record. Under-construction projects mein delays ka risk bohot hota hai, I've seen this pattern. Timely possession denge kya? Also, 5-7 saal baad iska resale market kitna liquid hoga? Who buys then? Need to understand the exit strategy. Is this a calculated risk for long-term wealth, ya better options hain Pune mein?
#vedantha-maanya-heights#pune-investment#roi-potential#project-delivery#resale-market
Comments
Bhai, location is one thing, but builder ka commitment is another. I've seen so many projects where RERA registration is there, but delays still happen, sometimes even with penalties that don't cover your rent costs. For Vedantha Maanya Heights, the RERA number P52100021672 is there, but that doesn't guarantee timely possession by Dec 2023. We need to look at their past projects carefully.
U
But isn't the location good near Sinhagad Road? And the price, if you consider the carpet area, seems competitive for Pune. Kya lagta hai, is it worth overlooking the builder issues for the location advantage?
U6 is right. And the amenities they show on paper are often downgraded or delayed. My friend got a flat in Ambegaon, and the swimming pool is still just a pit after 3 years!
U3, Sinhagad Road area is definitely developing, but 'competitive' is relative. The price range of ₹38 L – ₹52 L translates to around ₹6000-₹7000 per sqft depending on the unit, which is decent. But if the project gets stuck, even a good location won't save your investment from stagnation.
Totally agree with your concerns, U1. Vedantha Group ka naam sunke hi darr lagta hai. My cousin booked a flat with them near Akurdi a few years back, and it got delayed by almost 2 years! The mental stress was immense. I'm also a first-time buyer, and this kind of uncertainty is my biggest fear.
3 site visits to Vedantha Maanya Heights, still debating investment. Price ₹38.44 L–₹52.20 L seems okay for an ongoing project. But for capital appreciation, kya lagta hai? Has price moved much since launch, ya abhi bhi entry point sahi hai for good ROI? My main concern is Vedantha Group ka delivery track record. Under-construction projects mein delays ka risk bohot hota hai, I've seen this pattern. Timely possession denge kya? Also, 5-7 saal baad iska resale market kitna liquid hoga? Who buys then? Need to understand the exit strategy. Is this a calculated risk for long-term wealth, ya better options hain Pune mein?