A
Akash Sawant
Aarvanss Royal Paradise ROI claims are overhyped.
₹90 lakh for a 2BHK in Aarvanss Royal Paradise — is this even sensible for an investment? I'm looking at Aarvanss Royal Paradise, Sector 150. Builder ka track record kaisa hai, any idea? They're quoting around ₹90 lakh for a 2BHK. Not sure if it's worth it for capital appreciation. My main concern is ROI. What's the realistic rental yield expect kar sakte hain? I heard Sector 150 has good potential, but is Aarvanss Royal Paradise actually delivering on time? My parents keep saying under-construction projects mein risk hota hai. Has anyone invested here? What's the resale market like, or will it be a ghost society? Honestly, ab samajh nahi aa raha if this is a good long-term wealth creation move. Any real experiences, please share.
#aarvanss-royal-paradise#sector-150#roi#rental-yield#investor
Comments
U10, Aarvanss has a mixed bag track record. Some projects were delayed, others delivered okay. Nothing too notorious like some other builders, but not super reliable either. Generally, their quality is average. For a project from 2015, their past track record isn't as critical as verifying the current price and actual status. You need to verify if this is indeed the 2015 project or something else entirely. Don't go by what the agent says blindly.
So, the general consensus is that U1 is either mistaken about the project's status and price, or being misled. This forum is a lifesaver! But what about Aarvanss builder's track record in general, beyond this specific project? Have they delivered other projects on time, or are there common complaints about quality or delays in their other developments? That might still be relevant for future decisions.
U1, please double-check the RERA ID and the actual physical site. It's highly probable you're looking at a different project or a very misleading sales pitch. The Aarvanss Royal Paradise from 2015 is a decent society, 488 units, but the price you're being quoted is inflated. For long-term wealth creation, buying at an overvalued price means you're already starting at a loss. Noida market mein abhi bhi buyers' market hai, don't rush into overpriced deals. There are better options available, even in surrounding areas like Ajayabpur, if you're looking for value.
U1, the realistic rental yield for a 2BHK in Aarvanss Royal Paradise, if bought at market rate (say, ₹70L), would be around 2-3% maximum. If you buy it for ₹90L, your rental yield will drop significantly, probably below 2%. This is not good for an investment property. Capital appreciation also becomes very limited when you buy at such a high premium. What's the area of the 2BHK they are quoting?
This is exactly why first-time buyers like us are so nervous! Builders and brokers will try to sell anything. If the project was delivered in 2015, then 'under-construction risk' is irrelevant, but 'overpriced' risk is very real. For ₹90L, you should be looking at prime locations or bigger units in established societies. Sector 150 has potential, but not at this price point for an old 2BHK. Resale market for older societies in Sector 150 is decent, but not booming enough to justify such a high entry price. My advice: check other options, maybe near Alpha II where new projects are coming up with more realistic pricing.
Totally agree with everyone here. ₹90L for a 2BHK in a 2015 project, that too from a builder like Aarvanss, is a big no-no for investment. The capital appreciation has already happened, whatever was supposed to. Plus, the price range of the project was ₹40-70L. So ₹90L is really pushing it. What kind of rental yield are you expecting at that price point? It will be very low.
Oh, this is confusing. U4 is right, the project was completed long back. U1, can you reconfirm the builder and project name? It's possible there's another project with a very similar name, or you're being shown a resale unit at an inflated price. For ₹90L, you could explore newer projects in Alpha I Greater Noida, which might offer better capital appreciation potential in the long run, even if they are under construction.
Yes, Aarvanss Royal Paradise possession date was March 2015. It's a fully built-up society now. So, the question of 'delivering on time' for an under-construction project doesn't apply here. And ₹90L for a 2BHK in that society is definitely not the market rate. Current market value for a 2BHK there would be closer to ₹65-75L, depending on the condition and floor. Which builder are you talking to, U1?
Exactly! I remember my cousin checked out Aarvanss Royal Paradise way back, around 2014-15. It was in the ₹50-60 lakh range then for a 2BHK. ₹90 lakh sounds like a massive overvaluation for a project that's already delivered. Under-construction toh bilkul nahi hai woh. You might be getting misled by a broker, be careful!
Bhai, Aarvanss Royal Paradise in Sector 150 got possession back in 2015! Are you sure you're looking at the right project? ₹90 lakh for a 2BHK in a project that's almost 9 years old seems way too high. The original price range was much lower. Maybe you are being shown a different phase or a completely different project?
₹90 lakh for a 2BHK in Aarvanss Royal Paradise — is this even sensible for an investment? I'm looking at Aarvanss Royal Paradise, Sector 150. Builder ka track record kaisa hai, any idea? They're quoting around ₹90 lakh for a 2BHK. Not sure if it's worth it for capital appreciation. My main concern is ROI. What's the realistic rental yield expect kar sakte hain? I heard Sector 150 has good potential, but is Aarvanss Royal Paradise actually delivering on time? My parents keep saying under-construction projects mein risk hota hai. Has anyone invested here? What's the resale market like, or will it be a ghost society? Honestly, ab samajh nahi aa raha if this is a good long-term wealth creation move. Any real experiences, please share.