Pradeep Garg

Review of Commonwealth Games Delhi 2010

Let me tell you why this place is not worth it eve...

Let me tell you why this place is not worth it even though very much hyped and is a not a good place for investment. I did a lot of extensive survey of all apartments in Delhi and NCR for nearly 3 years and finally ended up taking up an apartment in a gated community in Gurgaon. My sister had an apartment and she finally had to sell it at a loss
1) Most important- all apartments have been built on reclaimed River Yamuna land. While the government may deny this, but there is always a significant danger of flooding. It has happened in other major cities. If the Yamuna goes into spate, this colony will sink first
2) The apartments are way too expensive than they are worth. You will get better gated colonies in Gurgaon, Noida etc with good safety. You will save huge amount, a small portion of which you can easily invest in travel
3) The construction quality is not up to mark. While it is much better than DDA flats, but you can see many apartments having seepage and walls peeling off.
4) A huge number of apartments are empty and locked up. This itself leads to faster depreciation. This shows with many apartments in dilapidated condition.
5) Many common areas are not upto mark as per the price paid. It is definitely better than DDA colonies but nowhere match upto to colonies with similar pricing.
6) The land is situated on soft bed and is risky siesmologically.

On the better side the colony on a casual inspection looks clean and well maintained. The security is good. If you are working nearby and need a good connectivity, take it. And of course some people are obsessed with tag of staying in Delhi rather than NCR. Considering the limited options in Delhi, may be preferable for some.

But with this price, you can get excellent options elsewhere