I am a real estate analyst in a big MNC, I thought it’s my responsibility to give my facts and my opinion. Please read then decide.
- FYI MIVEN construction or total RCC construction is very good and used all over the world , it increases the life of the whole building, also choose full RCC construction not inside Ash bricks. That is useless.
Second FYI - Dwaraka expressway is still not good for investment for next 8-10 years. Yes govt is making the best road and it will connect directly to Delhi . But market usually work on demand and supply . extension road and SPR will be still good for investment for next 10 years. Because there is no land and demand is high because of offices and all activities are happening there. If you think the whole ecosystem will come to Dwarka expressway in 10 years then you can live that dream. The actual price of Dwaraka expressway in 2021 is 5500 per sqft. If you are buying anything above this that is loss, put money in FD that will give you more money. But if you have time frame more than 10 years then you can think .
Now I tell you what are the cons of Godrej meridian which in future will reduce its price by 30-40% , same happened with godrej summit people bought it at 7500 now they are selling at 4000 per Sqft .
1.) The plot patch is uneven not a square or rectangular
2.) Builder will hide with you the fact that it’s main entry is from 24 meter road , rest is all temporary . Please check on RERA website I have added in the attachment the approved.
3.) There is a big Revenue Raasta of 17 feet in front of clubhouse which comes in between the project and any outsider can come inside this road it’s a govt road and they cannot change it.
4.) There is a 650sq yard / Gaj others land in the centre of the project which is disputed land and anyone will claim it can construct anything on it , no-one can stop.
5.) The 24 meter road divide the project on the right end , shops and school is shifted on the other end of that road.
6.) Maintainace charges are going to be very high which they are no disclosing now , it will be equal to the rent of 2bhk builder floor.
7.) 106 sector is not a clean sector it , when you come from Dwaraka expressway you will find the village through which you will pass. So in future outside security will be some issue.
8.) Price is 9000per sqft in 2021 with all the specification in all rooms they quote you 9500 but if you are a good negotiater then you will get 9000 per sft . Which is very high price if you take the location in consideration . After the construction will be done and people can see what they are selling they prices will surely drop.
9.) Behind affordable flats are coming which will be facing towards Meridian .
10.) There is a 1.5 acre of private land in fron of project through which godrej temporary 18 meter entrance is there . In future we don’t know what will open on that land.
11.) On EWS entry also there is patch of private land
12.) Godrej is showing 1 EWS and 3 godrej entry , I haven’t seen 4 entry in 14 acre land .
13.) If you check Google there is a drain also which Godrej have covered .
My research and recommendations says if you want to buy this property better wait till possession and see the full structure and then decide , it’s a very risky project at a very high price , don’t go only on name you have godrej summit example and person who wants to sell he will always try to convince you without facts