S
Saira Khan
posted on 12 MayWhat's the long-term value in these Chandigarh projects?
₹95 lakh for a 3BHK in Ambika Florence Park felt steep. Uppal Marble Arch is similar. I'm fed up of renting, but worried about future resale value. Do these projects hold up?
#resale-value#chandigarh-real-estate#first-time-buyer#ambika-florence-park#uppal-marble-arch
Comments
Sabki baatein sunke lagta hai ki hum sab ek hi boat mein hain. ₹95 lakh is a huge amount, especially for a first home. Current market conditions bhi thodi volatile hain. Interest rates high hain, aur resale market mein buyers bhi selective ho gaye hain. Ambika Realcon, having its HQ in Mohali, should ideally have a better grip on local projects, but delays are a red flag. Always check their RERA history for past projects' completion status and penalties, if any. This will give you a clearer picture than just builder promises.
U5, you hit the nail on the head with current market conditions. Interest rates are definitely a concern. Plus, with so many new projects coming up, supply badh rahi hai. Will prices sustain this level in the long run? That's the real question.
Mujhe toh Ambika Florence Park ki location bahut pasand aayi thi, especially for families. Schools aur hospitals paas mein hain. ₹95 lakh thoda zyada hai but for a good lifestyle, I thought it might be worth it. Possession kab tak mil rahi hai is project mein? Kisi ko idea hai?
U4, last I heard, Florence Park mein toh delays chal rahe hain. They were initially promising possession by end of next year, but now it's pushed to mid-2026. Builder ne bola hai construction slow ho gaya hai funding issues ki wajah se.
U1, your concern is super valid. I almost booked a 3BHK in New Chandigarh last year for around ₹80 lakhs, thinking it was a good deal. But then I saw how slow the development was happening in that area, connectivity issues, and the builder started delaying. Thankfully, I pulled out. ₹95 lakh for a 3BHK in these areas seems steep unless the location is absolutely prime and the builder has an impeccable record. Warna resale mein bahut dikkat aati hai, especially agar infra develop na ho.
U3, kaunse project ki baat kar rahe ho New Chandigarh mein? Naam bata sakte ho?
U1, you're not alone! ₹95 lakh for a first home feels like a massive leap of faith. I've been eyeing these projects too, but the cost just makes me nervous. Ambika Realcon ka track record kaisa hai Chandigarh market mein? Koi bata sakta hai?
U2, Ambika Realcon ka reputation mixed bag hai. Unka Mohali HQ hai, but I've heard stories about delays in their previous projects. Quality toh generally theek hai, par possession dates pe bharosa karna mushkil hai.
Yaar, Ambika Florence Park mein 3BHK ke liye ₹95 lakh sunke toh mera dimaag ghoom gaya! Aur Uppal Marble Arch bhi almost same price bol raha hai. Main toh bas renting se tang aa gaya hoon, apna ghar chahiye, but itna invest karke agar future resale value achhi na mili toh kya faayda? Chandigarh mein property prices toh sky-high ja rahe hain. Kya lagta hai, ye projects long-term mein value hold karenge ya sirf hype hai?
Totally agree U1! Mullanpur Garibdass mein bhi prices aise hi hain. Lagta hai ab affordable kuch bacha hi nahi.