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5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

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5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

Last updated: January 11 2013
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  • 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

    Hi Every One,

    Is a high-Spec builder floor better in a catergory A/B colony in South Delhi or Should One prefer a independent house in NCR preferably in DLF phase1-Gurgaon? The ideal budget being around 5 Cr and can be stretched to 5.5 Cr but not more. The property is going to be used for self use purpose with appreciation in mind.
    My pros of having a builder floor in South Delhi are:
    1- Central location-Heart of city
    2- Better law and order in Delhi- I travel a lot and the house is vacant many times.

    Cons of Builder FLOOR :-
    1-Worried about the appreciation over a period of 15-20 years of time as the building will start depleting.Will I find buyers for a depleting building.

    2-Quality of life will depend a lot on the fellow residents in the building. Worried about common issues like Parking/lift maintenance/seepage etc

    Pros of Having a Independent House In NCR:
    1- My assumption is that land will appreciate more
    2-Sole rights of the plot results in Independent living

    Cons:
    1- De-central Location
    2- Issues about electricity and law and order
    3- Higher Maintenance cost:Additional cost of Security


    Would be great if you guys can throw some perspective on the above. Location wise definitely south Delhi suits me more but also have to keep in mind quality of life and appreciation of investment.

    Thanks!!
  • #2

    #2

    Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

    Originally posted by mcon666 View Post
    Hi Every One,

    Is a high-Spec builder floor better in a catergory A/B colony in South Delhi or Should One prefer a independent house in NCR preferably in DLF phase1-Gurgaon? The ideal budget being around 5 Cr and can be stretched to 5.5 Cr but not more. The property is going to be used for self use purpose with appreciation in mind.
    My pros of having a builder floor in South Delhi are:
    1- Central location-Heart of city
    2- Better law and order in Delhi- I travel a lot and the house is vacant many times.

    Cons of Builder FLOOR :-
    1-Worried about the appreciation over a period of 15-20 years of time as the building will start depleting.Will I find buyers for a depleting building.

    2-Quality of life will depend a lot on the fellow residents in the building. Worried about common issues like Parking/lift maintenance/seepage etc

    Pros of Having a Independent House In NCR:
    1- My assumption is that land will appreciate more
    2-Sole rights of the plot results in Independent living

    Cons:
    1- De-central Location
    2- Issues about electricity and law and order
    3- Higher Maintenance cost:Additional cost of Security


    Would be great if you guys can throw some perspective on the above. Location wise definitely south Delhi suits me more but also have to keep in mind quality of life and appreciation of investment.

    Thanks!!
    my friend you should go for indepent house in ncr specialy one the best location
    and ya electricity problem is incrasing day by day specialy in summer and in delhi no electricty problems and ya land always give more return than builder floors and in dlf in all 3 floors constructed ( gf ff sf ) u can stay on gf and u can get rent ff sf
    NEVER BUY ANY PROPERTY BY SEEING COMMENTS ALWAYS VISIT LOCATION

    Comment

    • #3

      #3

      Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

      Thanks Abhay for your inputs. Renting is an Idea i have not explored till now but sounds like a good option. I am toying with a Idea to buy a newly built up house in DLF1 or anyother phae. The targeted size is between 205-300 Sq Yd.

      Comment

      • #4

        #4

        Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

        Experts more views would be helpfull....!! Please help

        Comment

        • #5

          #5

          Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

          hi,

          There are many options available in south delhi within your budget, there are independent plot option available in south delhi. I recently had one plot in vasant kunj.

          Comment

          • #6

            #6

            Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

            hi Property 24,
            Thanks for your response.
            By going with the current rate of 6-7 lacs per Sq yd only a 100 Sq yd would be available and 100 Sq yd plots would tough to find in most areas. Can you please throw some insights on the Vasant kunj area where such a Plot was available.

            Comment

            • #7

              #7

              Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

              Independent house might be better.
              For electricity; generator can be placed on the roof

              Comment

              • #8

                #8

                Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

                had the same choice to make a couple of years back and i chose south delhi. it is a personal thing. having an own house has its advantages but it has high maintenance. am very happy with the decision we made. in ure case safety is a huge issue since u travel. in case u wanna shift to suburbs u shd got multistorey apartments rather than independent house. this is just my pov

                Comment

                • #9

                  #9

                  Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

                  Originally posted by mcon666 View Post
                  Experts more views would be helpfull....!! Please help
                  Think for Solar panel backup also -- Not Very Costly now due to subsidy and high output during summer days.

                  Comment

                  • #10

                    #10

                    Re : 5.5 Cr, Builder floor - South Delhi Vs Independent House - NCR, Delhi

                    Originally posted by mcon666 View Post
                    Hi Every One,

                    Is a high-Spec builder floor better in a catergory A/B colony in South Delhi or Should One prefer a independent house in NCR preferably in DLF phase1-Gurgaon? The ideal budget being around 5 Cr and can be stretched to 5.5 Cr but not more. The property is going to be used for self use purpose with appreciation in mind.
                    My pros of having a builder floor in South Delhi are:
                    1- Central location-Heart of city
                    2- Better law and order in Delhi- I travel a lot and the house is vacant many times.

                    Cons of Builder FLOOR :-
                    1-Worried about the appreciation over a period of 15-20 years of time as the building will start depleting.Will I find buyers for a depleting building.

                    2-Quality of life will depend a lot on the fellow residents in the building. Worried about common issues like Parking/lift maintenance/seepage etc

                    Pros of Having a Independent House In NCR:
                    1- My assumption is that land will appreciate more
                    2-Sole rights of the plot results in Independent living

                    Cons:
                    1- De-central Location
                    2- Issues about electricity and law and order
                    3- Higher Maintenance cost:Additional cost of Security


                    Would be great if you guys can throw some perspective on the above. Location wise definitely south Delhi suits me more but also have to keep in mind quality of life and appreciation of investment.

                    Thanks!!

                    Go for it! DLF-1 is the premium area....

                    Comment

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