I am a regular real estate investor and hence have thoroughly researched many properties on the DEX before investing.
I have made multiple visits to Godrej Meridien ( directly) and met Mr Amit Sejwal ( very rude , high headed and corrupt salesman ) .
Everytime after my visit I got a call from a different channel partner to buy Sobha.
Anyways , coming to the pros and cons of the project -
Pros - Decent room sizes with wardrobe space, spacious balconies.
Swimming pool length , two lawn tennis courts.
Cons -
High loading factor ( one of the highest on DEX ).
Lobby experience isnt anywhere close to luxury.
Biggest drawback is the plot -
a. Irregular plot which is surrounded by a pond on the 75 MTR road (fisheries activity still active on the pond ) , Stp on the other side , drain on the 60 MTR road which stinks too much, 1.5 acres vacant plot between the project and the 60 MTR road is owned by villager and in future would house shanties and irregular shops such as garages , wine shops etc. .650 sqyd plot inside the project is owned by villager and would have the same fate as the plot on the 60 MTR road leading to law and order situation.
b. Big revenue road running throughout the project which Godrej claims isn't operational is completely active and would pose security issues inthe future , just imagine your kids have to cross the revenue road to go to the clubhouse. This revenue road is a public road and would lead to nuisance in the future and developer can't control its access.
Traffic movement loop of the project is also through the revenue road.
c. Project Entry -
The developer claims to have three entries -
- From 24 MTR road -( Main entry of the project )
The 24 MTR road entry would never come up in atleast a decade because the 24 MTR road land hasn't even been acquired by the government the land is owned by villagers.
- From 60 MTR road -
Single carriageway entry been made on a culvert covering the drain. As per plans on the rera website it's a temporary access and was earlier 18mtr wide however now due to land issues it's only 12 MTR wide ( so much for grand entry experience of the so called luxury development).
- Entry from 75 MTR road to the club house - This entry is under dispute from the affordable developer mrg who has bought the land. Parking mess is well known around affordable group housings.
The project will suffer the same fate as Godrej Summit which has absolutely no clear access even after 4 years of handing over possession.
d. The 66000 sqft club house includes the area of all the sports amenities such as lawn tennis courts skating rink etc and party lawn . So not really 66000 sqft per se.
e. Expensive Brand tie ups in the club would lead to seperate monthly club usage charges of around 5 to 8k per month.
f.Miven construction is only done in 2 towers rest all is brick Ash conventional construction.
g. Construction and finish quality of Godrej is a big question mark which is evident from the delivered projects such as summit, frontier oasis and aria.
h. Godrej tend to drop prices of the property at the time of possession by around 40 percent. Due to this reason investors stay away from them.
i.Customer care has a big scope of improvement. Highly unprofessional and non responsive telling from first hand experience of owning a property in Summit.
Conclusion - Don't get trapped in 5his property because neither the end user not the investor will reap any benefit from this investment.
Many other developers in the vicinity have better projects and far superior construction quality.
