A One Home Ghaziabad what's the actual rental yield?
A One Home in Ghaziabad, I'm really fed up with renting and thought this completed project would be a safe bet. My landlord raised rent again, so I finally took the plunge. But the rental yield here seems way lower than promised. Honestly, not sure if it's even covering the EMI. Is the resale market active at all? Worried about the exit strategy if it stays like this. What are others seeing?
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It sounds like a classic case of chasing 'ready-to-move' without deep diving into the actual micro-market. While it's completed, the sheer volume of inventory in Ghaziabad means tenants have leverage, and buyers for resale also have many choices. For first-time buyers like us, it's a huge learning curve. Maybe focus on reducing the principal amount of your loan as much as possible if selling isn't an option for a few years. That's my plan if my investment goes south.
Yes, U8. A One Home was launched at a much lower price point, maybe around ₹35-40 lakhs for a 2BHK back in 2017-18. People who bought then might still be seeing some appreciation, but for recent buyers, it's tough. The current market conditions in Ghaziabad, with so many ready-to-move-in flats, means buyers have a lot of options, which suppresses prices and rents. It's not just A One Home; many projects are facing this.
This is a common problem with many 'completed' projects. Builders often inflate rental yield projections to lure investors. For a property in the ₹45 L – ₹95 L range, a 2-3% rental yield is more realistic these days, not the 5-6% they often quote. If your EMI is, say, ₹40k for an ₹80 lakh loan, and you're getting ₹15k rent, that's a huge gap. I've seen this play out in Afzalpur too.
What about the resale value, though? If the rental yield is so low, does that mean resale prices are also stagnant or falling? I heard A One Home's initial booking price was lower. Is that true?
Exactly! The numbers just don't add up. My EMI is ₹35k, and rent is ₹13k. I feel trapped. Should have done more research on actual market rents instead of just believing the sales pitch.
I was looking at A One Home too, but my agent warned me about the oversupply in Ghaziabad, especially around areas like Abhay Khand and Achchheja. He said rental yields have been dropping across the board for the past 1-2 years. It's a buyer's market, not a renter's paradise anymore. Did you check the average rent for similar properties before buying?
A One Home in Ghaziabad, I'm really fed up with renting and thought this completed project would be a safe bet. My landlord raised rent again, so I finally took the plunge. But the rental yield here seems way lower than promised. Honestly, not sure if it's even covering the EMI. Is the resale market active at all? Worried about the exit strategy if it stays like this. What are others seeing?
Totally agree with the sentiment about A One Home. My friend bought a 3BHK there for ₹80 lakhs, thinking it would be a good investment. Now he's struggling to find a tenant for even ₹18k. The property taxes and maintenance charges also eat into whatever little rent he gets. Exit strategy is a huge concern for many of us first-time buyers in Ghaziabad right now. Builders promise the moon, but ground reality is different.
Bhai, you're not alone. I also invested in A One Home last year. The rental yield is definitely a joke. I'm getting barely 12-15k for a 2BHK in Ahinsa Khand 1, which is nowhere near my EMI. I was told 20k+ easily. Resale market toh almost dead lag raha hai, especially for these new projects. Everyone wants to sell, no one wants to buy at these prices.