S
Sana Qureshi
Wisdom Park resale value is a major disappointment
₹3 crore for Wisdom Park was pitched as a no-brainer investment. I work in real estate, but even I'm struggling to see the actual capital appreciation here. For a completed project, I expected better movement. Honestly, the resale market feels dead, not liquid at all. Brokers were promising quick flips, but it's just sitting there. Is anyone else finding the resale potential for Wisdom Park really low? I'm worried about the investor-to-end-user ratio too; feels like many units are empty. Are we looking at a ghost society situation? What's your take on the actual ROI from this project in Pune?
#pune-real-estate#wisdom-park#resale-value#capital-appreciation#investor-concerns
Comments
Honestly, 3 Cr for a first-
Oh man, I thought it was just me! This is exactly what I've been feeling. Brokers were so convincing about Wisdom Park, saying it’s prime Pune property with guaranteed appreciation. I was looking at a unit there last year, thankfully didn't pull the trigger. But it's alarming to hear even someone in real estate is struggling. Is it because of the high initial price point of ₹3 Cr? For a completed project from 2022, the lack of movement is a huge red flag. What do you think is the main reason for this stagnation, apart from the investor ratio?
Exactly! My biggest fear is getting stuck with a property that has no resale value. This thread is making me rethink everything.
Haan, I think high initial price is a big factor. Plus, for ₹3 Cr, people expect more than just 'good amenities'. They want prime connectivity or something unique. The investor-to-end-user ratio also kills the community vibe, which further deters genuine buyers. It's a vicious cycle, isn't it?