India's First Real Estate Community
By VIRIDIAN RED
Sector 106, Gurugram
Since January I've been shortlisting flats in this city, totally fed up of renting. I'm deep diving into Viridian Longevity at Plaza 106 and ROF Pravasa here in Mohali. What I've noticed is the 'actual' price per sqft. Builders always quote base price, right? But then PLC, floor rise, club charges, all that adds up significantly. For potential 5-year appreciation, Viridian seems to have a better entry point for ROI compared to ROF's higher cost. But ROF's layouts feel much more efficient space-wise. Anyone else notice this difference in total cost vs advertised? Hope this helps someone.
Resale of existing property almost done, now need to finalize a new smaller place. Kids have moved out, so don't need such a big place anymore. Looking at Viridian The Longevity Project At Plaza 106 in Mohali, the ₹59.68 L–₹93.38 L range seems manageable for us. But honestly, is it genuinely good for daily living, ya sirf brochure mein accha lagta hai? My main concern is the actual livability and society vibe. Elderly logon ke liye community friendly hai ya isolated feel hota hai? Elevator service kaisi hai, reliable hai kya? Aur haan, maintenance charges kitne aate hain monthly? Low maintenance is a big factor. Plus, nearby hospitals and essential markets kitne paas hain? Bohut important hai for our age. Site visit pe sab accha lagta hai, but real-world experiences chahiye.
Mohali's ultra-luxury segment raises serious questions for NRI investors. Comparing Viridian's Longevity Project and Mahindra Luminare, I'm genuinely skeptical about the latter's investment viability. I'm based in Dubai, relying on community insights for ground truth, and can't visit these sites. Spending ₹5.93 Cr to ₹14.95 Cr on Luminare for a 5-year appreciation seems like a massive leap of faith compared to Viridian’s ₹59.68 L to ₹93.38 L. The total cost of ownership, including stamp duty and maintenance, must be astronomical. Will the rental potential truly justify that capital outlay? I worry about managing such an asset remotely. Disagree? Tell me why.
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