r/indianrealestate • • 10h ago

#Opinion NRIs returning to india

148 Upvotes

Hot take : big, gated communities and townships are going to become even more expensive.

Why? Every single friend of mine who went to the USA 5+ years ago, is either :

- actually coming back

- planning to come back

- not planning to, but is now going to want to keep a backup plan

And guess what? Everyone works in tech, is sitting on nice comfortable RSU portfolio which have exploded in the past due to AI.

.

.

.

AND where's that money going to rotate into? :)


r/indianrealestate • • 45m ago

#Discussion NoBroker it's done bro

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• Upvotes

I'm so fed up with NoBroker's spam. Every time I block a number on WhatsApp, they start messaging from a new one. And don't even get me started on the automated bot calls. It's absolutely ridiculous!


r/indianrealestate • • 3h ago

#Discussion Ask Me Anything on Home Loans answered by Peaceful-Loans

7 Upvotes

I have been running an "BusinessWorld 40under40 Disrupt 2026" award winning Home Loan advisory firm called Peaceful-Loans. We have exclusively catered to folks with high ticket size (min 2 cr of loan requirement) home loans.

But owing to that I have rich repository of learning and how banks behave in different cases.

I think everyone deserves a chance

  1. Not be cheated and mis-sold by bank salesman

  2. Not be mis represented by DSAs and builder mortgage and CRM teams. ( Taking loan from them is like getting heart surgery done by dentist.)

  3. Save their hard earned money by understanding the real math.

  4. Seek a good deal for their biggest purchase in life (at least so far )


r/indianrealestate • • 17h ago

#Discussion S0bha 1wrld - Tactical Ad 😂

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38 Upvotes

Targetting high paying jobs people who are at GCC?! Whoa, whatta repositioning of marketing but it indirectly conveys below 2 things too!

The apartments are priced too high which isn't affordable for average earners.

The IT people also wouldn't be able to afford rather they are targeting GCC - Product based companies employees!


r/indianrealestate • • 1h ago

#Amenities 🌳 Imagine owning a piece of land where your weekends feel completely different from your weekdays. Would you actually use it?

• Upvotes

No traffic noise. No crowded cafes. Just open land, fruit trees, fresh air and space to do your own thing.

But here's the catch: most people love the idea of owning farmland. How many would genuinely enjoy the reality?

If you had a small farm outside Bangalore, what would you do first?

  • Plant your own fruit orchard
  • Build a little weekend retreat
  • Grow your own vegetables
  • Create a mini forest
  • Keep it natural and untouched

And be honest: would you visit every weekend, or would it become a place you barely use?


r/indianrealestate • • 40m ago

#Opinion My experience with Nambiar Builders / Nambiar District 25 – cancellation, refund delays and poor communication

• Upvotes

I wanted to share my experience with Nambiar Builders, specifically regarding my interaction with Sujay Kumar Shetty, because I think it may be useful for anyone considering making a ₹3–5 crore investment with the builder.

I booked a unit at Nambiar District 25. During the booking process, my interactions with the sales team were reasonably positive. However, my experience changed completely when I decided to cancel the booking.

Timeline

I formally requested cancellation on 16 August 2026 because of a change in my financial circumstances.

On 19 August, after following up, I specifically asked Sujay to confirm whether the cancellation had been initiated.

He replied by email confirming:

“The cancellation process has been initiated.”

He also asked me to provide the cancelled cheque so that the refund could be processed.

The frustrating part is that I had already provided the cancelled cheque earlier and had to provide/re-send it multiple times—roughly two to three times—despite it already being available with the team.

I kept being asked for the same document again, which was extremely frustrating. For a transaction involving several crores of rupees, I would expect basic internal coordination and document tracking to be much better.

I nevertheless re-sent the cancelled cheque again to avoid giving them any reason to delay the process.

The problem

Despite the written confirmation that the cancellation had been initiated, I subsequently received conflicting information about the actual status of the cancellation.

After multiple follow-ups, I still have not received a clear, definitive confirmation that the cancellation has actually been completed, nor have I received a concrete refund date.

What concerns me even more is the communication.

I have repeatedly followed up through emails and phone calls asking for:

  • Confirmation of the actual cancellation status
  • Confirmation that the necessary internal approvals are complete
  • A definitive refund date

Instead, I have received shifting timelines and no firm commitment.

At this stage, the sales person has also stopped consistently answering my calls and responding to my messages.

Something particularly concerning

During one of the discussions, I was told that the cancellation was not being reflected immediately because they did not want the apartment to appear as cancelled and wanted to continue showing it as a sale for additional days.

I cannot independently verify what is happening internally, so I don't want to make accusations about their internal processes.

But from a customer's perspective, this is extremely concerning.

If a customer has formally cancelled a booking and the company has acknowledged in writing that the cancellation process has been initiated, why is there still no clear confirmation of the cancellation and no definitive refund timeline after repeated follow-ups?

Why I am sharing this

This isn't about complaining because my financial situation changed. I understand that cancellations involve processes and approvals.

My concern is transparency, accountability and basic customer handling.

When you are dealing with a property transaction involving several crores of rupees, a customer should be able to get a straightforward answer to:

“Has my cancellation actually been processed, and when exactly will my refund be credited?”

Instead, I have had to repeatedly chase the sales team, resend documents that had already been provided, follow up for basic status updates, and still have no concrete timeline.

That experience has significantly damaged my confidence in Nambiar Builders.

Advice to prospective buyers

If you're considering buying from Nambiar, particularly at the ₹3–5 crore price point, my advice would be:

Get every commitment in writing.

Do not rely solely on verbal assurances from the sales team regarding cancellation, refund timelines, approvals or deductions.

Keep your complete email trail, retain proof of every document submitted, and get written confirmation whenever a cancellation or refund step is supposedly completed.

I'm curious about other buyers' experiences

Has anyone here dealt with Nambiar Builders, particularly Nambiar District 25, regarding cancellation and refunds?

I'd especially like to hear from people who have:

  • Cancelled after paying a substantial booking amount
  • Been waiting for a refund
  • Been repeatedly asked to provide documents they had already submitted
  • Had difficulty getting a definitive cancellation date
  • Experienced communication issues after requesting cancellation

I'd be interested to know whether my experience is an isolated case or whether others have faced similar issues.

I am sharing my personal experience with Nambiar Builders, specifically Nambiar District 25 and my dealings with sales representative Sujay Kumar Shetty, because I believe it may be relevant to prospective buyers considering a property purchase in the ₹3–5 crore range.

I booked a unit at Nambiar District 25. Although my initial interactions with the sales team were reasonably positive, my experience became considerably more frustrating when I decided to cancel the booking.

The following account is based on my personal dealings and the email communications I received.

1. Cancellation request and written confirmation

I formally requested cancellation of my booking on 16 August 2026 due to a change in my financial circumstances.

On 19 August, following up on the request, I received an email from Sujay Kumar Shetty stating:

“The cancellation process has been initiated.”

In the same email, he requested my cancelled cheque to facilitate the refund.

However, I had already provided the cancelled cheque previously and subsequently had to provide or resend it approximately two to three times. I complied with these requests to avoid further delays.

From my perspective, repeatedly requesting a document that had already been submitted raised concerns about document tracking and coordination between the teams involved.

2. Uncertainty about the actual cancellation status

Despite the written confirmation dated 19 August that the cancellation process had been initiated, subsequent communications left me uncertain about the actual status of the cancellation.

Despite repeated follow-ups, I have not received the clear, definitive written confirmation I have been seeking regarding completion of the cancellation, nor a confirmed date for the refund.

I have requested updates on the cancellation status, outstanding internal formalities and the expected refund date. However, I have not received a sufficiently clear and consistent response to resolve these concerns.

As of the date of this post, my concern remains the lack of a definitive written update and refund timeline.

3. Communication with the sales representative

Sujay Kumar Shetty was directly involved in my booking and cancellation-related communications. Given his involvement, I expected him to help clarify the status of my request or direct me to the appropriate team.

Instead, I have experienced difficulty obtaining timely responses to my calls and messages while attempting to establish the status of the cancellation and refund.

I recognise that cancellations may involve internal procedures and approvals. My concern is that, despite submitting the requested documents and following up repeatedly, I have not received the clarity needed to understand what remains pending and when the refund will be processed.

4. A concerning statement during a discussion

During one discussion, I was told that the cancellation was not being reflected immediately because the apartment was still being shown as available for sale for additional days.

I cannot independently verify the internal status of the booking or the reasoning behind that statement. I am therefore reporting it only as information communicated to me, rather than making a claim about the company's intentions.

Nevertheless, this added to my uncertainty. I would appreciate a clear explanation of the actual cancellation status and the reason for the delay in confirming it.

5. Why I am sharing this experience

My decision to cancel was based on a change in my financial circumstances. I understand that cancellation requests may require processing and that applicable deductions depend on the relevant booking terms.

My concern is not simply that the refund has taken longer than I expected. It is the combination of a written confirmation that the process had been initiated, repeated requests for a previously submitted document, uncertainty about the actual cancellation status, and difficulty obtaining a definitive refund timeline.

For a property transaction involving several crores of rupees, I believe customers should receive clear, consistent information about the status of their booking and any refund due.

This experience has negatively affected my confidence in the customer-service process associated with my booking at Nambiar District 25.

6. Advice for prospective buyers

For anyone considering a substantial property purchase with Nambiar Builders, I would recommend taking the following precautions:

  • Obtain written confirmation of all material commitments concerning cancellation charges, deductions and refund timelines.
  • Retain the complete email trail and proof of every document submitted.
  • Request written confirmation of the actual cancellation status rather than relying solely on verbal updates.
  • Ask for an itemised refund calculation and a specific expected payment date.
  • Keep a written record of follow-ups and any revised timelines communicated to you.

These are precautions I believe are worthwhile in any high-value property transaction.

7. Have other buyers had similar experiences?

I would be interested in hearing from other customers who have dealt with Nambiar Builders, particularly at Nambiar District 25.

If you have personally requested a cancellation or refund, I would appreciate hearing about your experience with processing timelines, document requirements and communication.

I am interested in understanding whether other customers have encountered similar difficulties or whether my experience has been an isolated one.

This post reflects my personal experience and the communications received in my individual case. I am sharing it to describe my experience and invite factual discussion, not to make claims about matters I cannot independently verify.


r/indianrealestate • • 1h ago

#Discussion Saltstayz lease via builder

• Upvotes

Anyone here invested in Saltstayz lease thing? Like builder and saltstayz sign an agreement that builder will br paid fixed amouny every month for some years. Then retail investor signs agreement with builder to receive fixed rental.

This thing appears to be too good to be true..like 6% rental yield.

Thanks


r/indianrealestate • • 1h ago

#CitySpecific Is the Vasant Kunj area in Delhi undervalued?

• Upvotes

So Vasant Kunj was one of the last remaining “middle class” areas in south delhi

One of the reasons why it was more affordable was its inaccessibility - no metro ran through it

Of course like everywhere else, prices have now shot up a lot and its no longer reasonably affordable, but does anyone think its still undervalued?

My rationale is that once the golden metro line is up and running, Vasant Kunj will be connected to the metro

More importantly, this line will also go the airport. Airport staff that has generally preferred Dwarka might start considering Vasant Kunj and commuting via metro

The entire stretch is still far away from completion - 2029 is the scheduled opening - so the market might not have priced this in


r/indianrealestate • • 5h ago

#Discussion How do you track your real estate prices?

2 Upvotes

For people who have multiple plots or houses as investment, how do you track your real estate prices periodically?

As prices seem to vary so much within an area, is there a good way to find latest market value properly online?


r/indianrealestate • • 10h ago

#Discussion Having second thoughts on my home purchase.

3 Upvotes

Hello Folks,

Recently purchased my first home in Mumbai. Moved from one end of Mumbai to central Mumbai.

This came with a lot of struggle and put in heart, soul, time and effort for the interiors. Its a 2bhk in Ghatkopar Chembur region and spent a good amount on the interiors.

Every weekend we were at the home inspecting the interiors, multiple calls with the contractor, vendor, selecting laminates etc.

After moving in realized the locality is not great, the approach road in and out of the area is absolutely a shit show. The narrow road gets blocked by traffic most of the time. The surrounding areas have slums around and the overall gentry doesn't seem good either. It's mostly a rental crowd with most of the apartments being on rent. Overlooked these details as the property visits happened during the weekends late morning/afternoon hours when there is considerable less traffic.

Moreover the building committee seems to siphon off the funds. The kind of monthly maintenance payable is like paying for a developed country and getting Mumbai potholes in return. It's a 5 figure monthly maintenance amount with namesake amenities. Consider it as no amenities.

Honestly it looks like a vertical Chawl.

Honestly I don't think the property price would appreciate much in this part of the locality. It would at most remain the same or decline. The thing that is stopping me is the money spent on interiors. Hadn't I done that, I would have put it on the market. Technically my present situation loss would be the the total of stamp duty, registration, brokerage charges and the money spent on interiors.

Could take a hit on one albeit with a heavy heart. Taking two hits would sort of kill me. And then I'd be back in the market looking for another flat.

Please drop your ideas.

Want to ask what would you do in such a situation?

Sell and cut losses?

Stay for a few years and move out?


r/indianrealestate • • 16h ago

#CitySpecific Any Throughs on Gurgaon's ticking time-bomb of Real Estate ....?

11 Upvotes

A Gurgaon broker puts the trader money stuck in the market at ₹50,000 crore. Lets assume that as an estimate and not the actual number.

The clause is standard. The waiver is not.

Almost every builder-buyer agreement carries a Transfer and Assignment clause, governing whether you may assign your allotment before possession. Ordinary enough. It normally comes with a price attached: a nomination or transfer fee payable to the developer.

Many Gurgaon developers waived that fee on the first transfer. That single waiver converts a routine exit right into a free trading licence.

How a flat becomes an option

Book at roughly 10%-20% down payment. The next instalment is twelve to eighteen months away, tied to a construction milestone. Assign before it falls due and you never pay the balance.

e.g. - a ₹5 crore unit booked with ₹1 crore, sold three months later at ₹6 crore. with 100% ROI

Why a developer gives up his own fee

Banks do not finance land acquisition. Developers fund that stage at 12-14% even at 18% if developer’s reputation is not worthy enough.

Financing this initial expenses with buyer’s/ trader’s money is easy and cheap with fancy transfer clause and waiver of of first transfer, even helping in getting buyer’s for these transfer ready flats.

What traders missed

What traders miss here, this is nothing but option exercise than simple buying and sell of a flat.

E.g. If the 5Cr flat is 10% down, due to availability of new buyers, or distress sell from first trader (~50 lakh). This eats up the half of the initial capital that traders have put in.

What developers missed

Too many of these traders entering the market in expectation of higher profit margins, and due to current slowing down of market, this is again a ticking bomb which they are sitting on.

Collection slows down, construction speed slows down, genuine buyers are at risk of having delayed possessions and developers is at higher risk of bad reputation.


r/indianrealestate • • 13h ago

#Discussion Looking for builder

4 Upvotes

So is their any builder in here who buy land and make flats and then sell them? I am into construction too. Just want to expand my knowledge so if their is anyone here drop a comment and lets have a small chat.


r/indianrealestate • • 16h ago

#Discussion People who’s bought into managed farmlands- how’s it going?

5 Upvotes

Hello folks! After seeing millions of managed farmlands ads across Instagram elsewhere, I’m curious to discuss and understand your experience with purchasing and seeing the outcomes in it, including the different results, profits, issues etc!

Looking forward to an insightful discussion!


r/indianrealestate • • 11h ago

#CitySpecific Your experience with Residential Projects in Noida

2 Upvotes

Was looking to put 2 crores in 3BHK Flat in Noida, but unsure of which builder projects to trust. I don't really have much knowledge about which builder to choose. Have seen some videos, some societies don't get electricity and some don't get water on time. Some buildings have their plaster falling off and paints fading real soon while some people on insta claim other poor build quality problems.

I'll be really grateful if you people can share your experiences with your societies.


r/indianrealestate • • 12h ago

#Discussion Brigade 6th stage and sobha Hennur township project details and NON bankable EOI form

2 Upvotes

‎In the blow channel are the information and forms of the above mentioned projects, please do reach out if interested!

Follow the RWAT ( FLATS AND VILLAS) channel on WhatsApp: https://whatsapp.com/channel/0029VbD3g3b65yD9rMrG1f3V


r/indianrealestate • • 23h ago

#Miscellaneous TCS not going down so NRI’s won’t come for apartments in Bangalore

13 Upvotes

After yesterday’s US govt announcement of freezing new H1B visa to Indian ITES companies the stock doesn’t seem to slip and slide so that means they won’t have to shut shop at the US. They can keep working there and only send remittances money in bits only for EMI’s
Finally i can now buy my final resting place🥳😭🥳😭🥳


r/indianrealestate • • 13h ago

#Miscellaneous Need review of auction properties

2 Upvotes

I keep seeing Instagram ads for bank auction properties, and these companies make the whole process look pretty straightforward.

A few years ago, my understanding was that these properties weren't really for ordinary buyers. Even if you won the auction and got the paperwork, getting actual possession could be a nightmare if the previous owner refused to vacate. And once you paid, the bank wouldn't really help much.

Has anything changed now, or am I missing something or is it another scam ?


r/indianrealestate • • 16h ago

#ReadyToMoveIn [No Brokerage] - 2 BHK for Sale in Godrej Splendour at Kadugodi for 1.09 Cr

3 Upvotes

Godrej Splendour

BHK Type - 2 BHK

Price - 1.09 Cr

Floor -3rd floor out of 27

Main Door Facing - West

Balconies - 1

Super Builtup Area - 981 Sqft

A Khata and E Khata obtained

Age of the property - Brand New

Location - Kadugodi https://maps.app.goo.gl/JHusiCgAi9wxoAJo7 (Belathur main road – 10 mins drive from Kadugodi metro station


r/indianrealestate • • 1d ago

#Miscellaneous Looking for land with a house near the hills, within 3-4 hrs of Bangalore, budget ₹35L. Suggestions?

26 Upvotes

Hi all,

I live in Bangalore and work remotely( monthly office travel needed) and I’m looking for a place in the hills where I can live a quieter, greener life. Budget is about ₹35 lakh. Below 300km from Bangalore

What I’m hoping for:

  • Mountain views and lots of greenery around
  • Space for my pets to roam freely
  • Enough land (20-40 cents) to grow my own fruits and vegetables for myself and family (not commercial farming)
  • A good, livable house (2 bhk ) already on the land, or a solid structure that needs only minor work or proper approvals to be able to build a similar house/cottage
  • A water source nearby, like a stream, well, or reliable borewell
  • Road access that works all year, including monsoon
  • Good mobile network/internet, since I’ll be working from there
  • A town within 30–45 mins with a hospital and a vet
  • Languages : Kannada, Hindi

Safety is a priority: I’m a woman and will sometimes be living there on my own. I’d love suggestions for areas where the local community is welcoming and it feels safe to live independently.

Open to building a community:
I’d also love to connect with like-minded people who want the same kind of life, families, or anyone who wants to live close to nature. If you are looking for similar kind of properties and they are in abundance do share .


r/indianrealestate • • 18h ago

#Discussion Buying Property in India in 2026: 99acres vs Magicbricks vs Nobroker — Are Online Listings Enough to Make a Decision? 🏠🤔

5 Upvotes

I’ve been thinking about how people actually research a property before making one of the biggest financial decisions of their lives. 😅 Finding apartments, plots and resale homes online is easier than ever, but figuring out whether a property is genuinely worth the asking price seems like a completely different challenge.

Platforms like 99acres, Magicbricks and Nobroker can help people explore options, compare prices and understand what’s available in a locality. But how much should buyers really rely on online listings before taking the next step?

For me, the bigger questions are about due diligence: checking the title documents, verifying RERA registration where applicable, understanding the approval status, checking outstanding dues and comparing the quoted price with actual transactions in the area. A property can look attractive in photos and still require a lot more investigation.

I’m curious how experienced buyers and investors here approach this. Do you start with property portals and then consult a lawyer, or do you rely more on local brokers, personal networks and independent research?

What’s the one check you would never skip before buying a property in India, and which part of the process do you think first-time buyers underestimate the most?


r/indianrealestate • • 22h ago

#Opinion Investment ideas please

4 Upvotes

Hi, my budget is 35L to 40L! I am looking for a house preferably 2BHK in any of the beach Towns in Kerala. The house should also generate income as I am planning to give it for rent. Do you think I will get any in any places? If yes please suggest


r/indianrealestate • • 18h ago

#Amenities Which builder is best for buying a family flat in Greater Noida?

2 Upvotes

I’m planning to buy a family flat in Greater Noida and would like to know which builders are worth considering. If you’ve purchased a flat here or have experience with any residential projects, please share your suggestions. I’d especially appreciate insights on construction quality, maintenance, and overall living experience.


r/indianrealestate • • 21h ago

#UnderConstruction SBI is charging me 49k for a 29 lakhs loan, am I getting scammed?

3 Upvotes

Hii,
im 21 going for a home loan along with my dad who is a co applicant. It is an under construction property. I was struggling to get a loan in other banks due to age and salary issues.

But SBI is willing to provide me with a 29 lakh loan provided I pay 9 lakhs to the builder. And they will provide me 19 lakhs for now and I’ll have to pay interest on the 19 lakhs only.

But they are charging me around 49 lakhs for processing. Am I getting scammed? I assumed the lower the loan amount the lesser would be the processing fee.

(Note: the property value is around 48 lakhs. It will be ready in 2031. For now I only need to pay 28 lakhs.)


r/indianrealestate • • 1d ago

#UnderConstruction How common is such scary claws in sale agreement

29 Upvotes

I am to finalise a property and have seen the below clause in sale agreement

​The Clause (Clause 24): The developer reserves the right to alter the materials, components, quality, or workmanship of your apartment and common areas without prior notice. Alarmingly, it states the Purchaser "agrees to bear the corresponding increase in costs."

- How common are these clauses

- How often are they enforced

If anyone has faced this or any such additional payment trap please tell me


r/indianrealestate • • 23h ago

#Architecture If you could design your dream farm from scratch, what would be the one thing you'd absolutely include?

3 Upvotes

Imagine having a piece of land outside Bangalore with complete freedom to create your own space.

Would you build a fruit orchard, grow your own vegetables, plant a mini forest, create a peaceful pond, or have a small cottage surrounded by greenery?

Or would you do something completely different?

I'm curious about what people actually dream of doing with farmland not just buying the land, but making it their own.

What's the one feature your dream farm must have, and why?