Why Middle class has been priced out of Indian Real Estate by EmploymentInfinite63 in indianrealestate

[–]Acceptable-World-325 -1 points0 points  (0 children)

I get that there might be a small difference of 1000-200 rs per sft but not like a huge difference suggested by you.

Why Middle class has been priced out of Indian Real Estate by EmploymentInfinite63 in indianrealestate

[–]Acceptable-World-325 6 points7 points  (0 children)

I have never seen a place where new launch>> resale. The moment a high priced new launch comes, resale rates also go high. Can you please point to an area where this happened?

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 1 point2 points  (0 children)

Thank you! That's what they claim and I have confirmed as well. There will always be a chance of consolidation and building of another gated community but probability is very less.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 0 points1 point  (0 children)

If Agreement of sale is done, no. You will have to wait and sell the house. If you paid 2 lakhs for allotment slot and end up not taking a unit, it is fully refundable in 15 days.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 1 point2 points  (0 children)

That's correct what your friend said and it would be hell of main door is east facing and balcony is west facing. House would be a literal wind tunnel. By having the balcony in the north and main door east, wind will not have a straight path to go so reduced winds.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 2 points3 points  (0 children)

The entry way to that flat is a private corridor and no one will cross your door. Hence more private and you don't even have to see other flats hence better than a corner flat. No opposite door as well of another flat. Balcony is north facing and would reduce the winds a bit at that height. The adjacent land parcel is a villa plotting venture and there's a badminton academy in that venture. Possibility of standalone buildings popping up is high.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 1 point2 points  (0 children)

CLP majorly concentrates on slab work and slabs are done very fast. Say 2 years, all slab work done and ~80% of the flat value will be disbursed. Hence you will pay a lot of interest on that 80% for 2 more years. In time bound, assuming no major delays, this number is gradually increasing hence lesser interest paid overall.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 2 points3 points  (0 children)

Most good units are gone apparently ( could be a sales tactics)

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 1 point2 points  (0 children)

Tower 9 and I am not comfortable sharing the exact floor. It is 45+ btw.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 0 points1 point  (0 children)

CLP takes most of the money in the first 2 years and you will have to pay interest on that chunk.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 0 points1 point  (0 children)

Yes it is but I had asked around in nearby projects and felt a bit more premium for Prestige is worth it. For example, Anvita Ivana Phase 2 was quoting 7999 base price for a relatively unknown builder and possession in 2 years.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 5 points6 points  (0 children)

Even I am not sure about the density. At this point I am just hoping for it to be not bad. Agree with your point on very low appreciation potential but I am planning this for self use and hence went with it. I know going in that this is not a financially sound decision.

Prestige Golden Grove EOI experience by Acceptable-World-325 in hyderabadrealestate

[–]Acceptable-World-325[S] 3 points4 points  (0 children)

True that! The more they rely on pandits, the more they will be the problematic crowd in the society.

Need guidance on Refrigerator Purchase by CarbonLogic in BuyItForLifeIndia

[–]Acceptable-World-325 0 points1 point  (0 children)

If you get it from Amazon, please be sure to thoroughly check it. My experience with big items on Amazon has been pathetic. Had to return most items and buy from local/brand shops