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Unitech residency sohna road is it wise to buy

Last updated: September 5 2012
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  • Unitech residency sohna road is it wise to buy

    Hi everyone. i am confused and need help. i have a budget of 60-70 lacs and i wanted to buy the ready to move in to save on obnoxious rent cost. but i cudnt find anything. what all is possible is just a builder floor without electricity back up. then i saw unitech residencies on sohan rd - 2 bhk , extremely small house just 1100 sq.feet so carpet are is just 850 sq.ft. for 65-66 lacs on resale ( inclusive of everything plc, edc service tax extra) ... they promise to give possession by march - April next year but i dont see it happening before nov next year. as only two blocks are ready . what should i do, shud i look for any other property or invest in this.
  • #2

    #2

    Re : Unitech residency sohna road is it wise to buy

    hi
    you can look for unworld garden-2

    Comment

    • #3

      #3

      Re : Unitech residency sohna road is it wise to buy

      its definitely a wise buy for end use and in the budget stated by you...i researched a lot and last month only zeroed down to residency..

      as compared to UG2 it has better entrance and with wooden flooring and all specs are better...

      also Uniworld resorts is coming out with villas around so it will be developing into good society. location per se is also quite good for Unitech residences. It should be definitely considered for end use...even for investment purpose the rates will go up by the time of possession

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      • #4

        #4

        Re : Unitech residency sohna road is it wise to buy

        Hi Justwish,

        With a budget of 60-70lakhs, you can look for a 3bhk in uppal canary residency (all inclusive) which is nearing completion, finishing & interior work has started for this project although possesion will tk next yr march-april.
        Again it depends on ur preference, go n hav a look at the location, its almost 800m from nh8 & after toll &

        Also very limited inventory is left in the market as most of the investors are endusers.

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        • #5

          #5

          Re : Unitech residency sohna road is it wise to buy

          Location wise...its the best location...not so far from rajeev chowk...
          on the main road...

          ideal distance from sohna road...(which is positive since sohna road is clogged with traffic...noise ...dirt...dust...)

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          • #6

            #6

            Re : Unitech residency sohna road is it wise to buy

            better option

            Originally posted by justwish View Post
            Hi everyone. i am confused and need help. i have a budget of 60-70 lacs and i wanted to buy the ready to move in to save on obnoxious rent cost. but i cudnt find anything. what all is possible is just a builder floor without electricity back up. then i saw unitech residencies on sohan rd - 2 bhk , extremely small house just 1100 sq.feet so carpet are is just 850 sq.ft. for 65-66 lacs on resale ( inclusive of everything plc, edc service tax extra) ... they promise to give possession by march - April next year but i dont see it happening before nov next year. as only two blocks are ready . what should i do, shud i look for any other property or invest in this.
            Hi
            Greetings!!
            Though personal, mind me asking

            family size?
            monthly income?
            job/business?
            how many kids, how old?
            is wife working?
            worried about high school fees?
            need a good education for children?
            montly rent?
            how many cars in household?
            sources of funds?
            How much can you afford to travel to get to work daily/ travel cost?
            other key factors- do you need to go to airport? etc etc.

            check your priorities and then think again and rephrase your querry

            Comment

            • #7

              #7

              Re : Unitech residency sohna road is it wise to buy

              the current rate asked is 5700. is it worth buying at these levels. the price seems a bit higher

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              • #8

                #8

                Re : Unitech residency sohna road is it wise to buy

                Originally posted by hporwal View Post
                the current rate asked is 5700. is it worth buying at these levels. the price seems a bit higher
                Is 5700 including EC/IDC?

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                • #9

                  #9

                  Re : Unitech residency sohna road is it wise to buy

                  Originally posted by justwish View Post
                  Hi everyone. i am confused and need help. i have a budget of 60-70 lacs and i wanted to buy the ready to move in to save on obnoxious rent cost. but i cudnt find anything. what all is possible is just a builder floor without electricity back up. then i saw unitech residencies on sohan rd - 2 bhk , extremely small house just 1100 sq.feet so carpet are is just 850 sq.ft. for 65-66 lacs on resale ( inclusive of everything plc, edc service tax extra) ... they promise to give possession by march - April next year but i dont see it happening before nov next year. as only two blocks are ready . what should i do, shud i look for any other property or invest in this.
                  Hi Justwish,

                  Being a owner of one of the unit in Orchid Island (G+2 floors), i can suggest this property as well. You may get top or 1st floor unit in the range of 66-71L.
                  As per my assesment, Pros & Cons can be -

                  Advantage -
                  Structure including plaster complete, possession likely by mid next year.
                  Good location, still away from mess like sohna road (Sector 51, behind Arthemis, DPS & Amit in close proximity)
                  Higher carpeet area due to less wastage (Area of 1197 will have decent size 3 rooms + DD + Kitchen + 2 toilets)
                  with Power back up
                  Low maintainance charge (No lift, s. pool & Club)
                  Power back up, gated community
                  Decent construction quality (probably better than unitech or at par)

                  Disadvantages:
                  No Club or swimming pool (although i heard that there is a proposal to built this now)
                  No fun of staying in high rise
                  Property called Orchid Petals (with same builder) had some maintainance issues
                  Premium may be required to pay in Cash (Approx 25L)

                  NOTE - My point of view may be biased as i am one of the owner for self purpose.

                  Thanks
                  PD

                  Comment

                  • #10

                    #10

                    Re : Unitech residency sohna road is it wise to buy

                    i didint enquire further as 5700 was not affordable for me.

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