Gurgaon Real Estate is bonkers

Went for house hunting with a view to purchase a 3bhk for us (two adults + 1 pet). The current situation is really pathetic and the builders are living in stratosphere. DLF Primus a 3BHK with 1300sqft carpet area - asking price of 3.1Cr with monthly maintenance of 12k! I mean WTF. The 4BHK (an additional storage room) is going at 4.2Cr. For the unaware, Primus is located after Manesar toll. Bestech “some god damn view” - huge flat but very poor construction quality and about 20 mins from Manesar toll asking for 3.5cr. Maintenance of 6000+GST. Godrej Aira - nestled between M3M Antalya and other construction asking for INR 2.8cr. This is a good property but on going construction is expected to go on till 2030, if there are no delays. M3M Marina - I don’t know what’s with the society. Saw a flat in Iconic tower which finished as soon as we entered. The “jugaad” approach road is not safe for sure at night while the proposed connecting road to Airia mall has no visibility as there are agricultural farms on that road. The super cheats are located on Dwarka Expressway with loading of almost 50% 😂. Why should I pay for green area that is enjoyable for max of 2-3 months cumulatively! Builders and brokers are making merry in this bull run. My usual broker upgraded from a 2 wheeler to Suzuki Fronx. Happy for him as he is a honest fellow. Builders are launching super luxury apartments targeting NRIs, speculative investors to finally sell highly inefficient carpet:super ratio. The speculative investors are keeping genuine home buyers at bay. Current rental yield has gone down to 2-2.5% across Gurgaon from 4-5% which means either prices will correct or rents will go up for mean reversion. Stay out!