Q: I am little conscious about investing in the under construction projects, since I am afraid that the project will never be completed and the builder will run away with the money. Kindly suggest me if it is safe in investing in under construction and prelaunch properties?
Hi Pranab there are many new projects coming up with villa, residential , apartments projects coming up in Nodia Expressway. This is one of the most happening real estate sector in Delhi NCR region for now. It is safe to invest and you will ahve good future returns also. Few projects you can have a look at are Amrapalli Zodiac, Blossom County,Gulshan Ikebana Sector-143,Victory Ace Sector-143,Jaypee Greens Kristal Court. This are luxury projects with wide range of amenities.
There are several upcoming flats in Noida expressway that are reliable. Go for reputed builders with a good record. Pay the money only as per schedules of the builder. Check the legal documents of the project with your advocate or check with your bank if it is an approved project. Do a good ground work among your friends and networks about the new residential projects in Noida expressway before you decide. Also do check with the builder periodically to see if the work is progressing as per the schedule. if you happen to notice some delays, enquire about it with the concerned. There are lots of scams too in connection with real estate.
Yes. It’s natural to doubt about investing in under construction projects, especially after Noida Fiasco and several builder issues reported from the region. Investing in upcoming projects helps you to get the best rates, because on completion, rates will be higher. On the other side, there are risks involved in it. Lots of people have lost in this way. Before investing in flats in greater Noida expressway, you will have to take care of certain things. Check the credibility and history of the builder before you proceed. Enquire as much as possible both online and among your friends in the region about new flats in Noida expressway.