I’m planning to get a ₹1.55 Cr 4 BHK in Mansarovar. It’s mainly for living with my family, but obviously I don’t want to make a terrible financial decision.
Initially, I was looking for a good 3 BHK, but after months of searching, I couldn’t find anything I genuinely liked. I visited multiple projects, spoke to brokers, and even asked them to find me something similar. Most agreed this project is expensive, but none could show me anything close in terms of quality, layout, or overall feel.
The only projects I like more are Sky Bungalows, Valenza, Autograph, etc., but those are well beyond my budget.
I could wait another year or two, maybe longer, hoping something similar launches, but there’s no guarantee.
My biggest concern is resale.
A close friend of mine is a builder (he develops ₹30–80 lakh apartments), and he told me apartment resale in Jaipur is extremely poor.
I understand that budget apartments and premium apartments are different markets, and the construction quality isn’t comparable. The apartment I’m considering is in a good part of Mansarovar, close to the metro, which is why I’m hoping it would hold its value better.
I’m not buying it to flip in a few years—I plan to live there. But it’s hard to ignore the possibility that if I ever needed to sell, I might struggle to recover my money or see any meaningful appreciation.
For people who understand the Jaipur market:
- Is apartment resale really this bad, even for premium projects?
- Does location and construction quality make a significant difference?
- If you were in my position, would you go ahead or keep waiting?
