F
Faizan Qureshi
Affordable housing like GLS Avenue 81 won't see real appreciation, change my mind.
Is GLS Avenue 81 Phase 2 actually a good long-term investment, ya just for quick flips? I'm fed up of renting in Gurgaon and finally want to put my money into equity. ₹23-25L ke price range mein, what's the real rental yield one can expect? Brochures toh kuch bhi bolte hain. Also, capital appreciation ka kya scene hai? Has its price moved much since launch? Not sure if it'll have a decent resale market later, ya phir ghost society ban jayegi with too many investors. What do you guys think?
#gurgaon-real-estate#affordable-housing#investment-advice#roi-potential#resale-value
Comments
Look, for a first-time buyer, GLS Avenue 81 Phase 2 at ₹23-26L offers an entry point into Gurgaon's property market. It's not going to make you rich overnight, but it's a step up from renting. Capital appreciation might be moderate, but better than zero. The 'ghost society' fear is valid if too many investors buy, but if end-users move in, it will be fine. Just make sure to check the builder's past project delivery and the specific location's future growth potential. It's a calculated risk, not a jackpot.
Coming back to rental yield, what's a realistic expectation in the current Gurgaon market? With so many new projects coming up, competition for tenants will be high. I've heard 2-3% is more common for affordable segments, not the 5-6% builders promise. Anyone actually getting good rent from their affordable flats?
I actually visited the site last month. The possession date 2027-10-01 seems a bit far, but for an ongoing project of 225 units, it's somewhat realistic. My main concern is the quality of construction and amenities at this price point. My cousin booked in a similar GLS project near Badshahpur a few years ago, and the finishing was just average, plus delays were a big issue. Hope this one is different.
2027 is super far! By then, prices will anyway be different. What's the point of booking so early?
Yaar, Badshahpur side mein toh connectivity issues hamesha se hain. Even if the project finishes on time, getting to and from work will be a headache. Mera friend Airport Road (Gurgaon side) pe dekh raha hai, wahan thoda better connectivity ka scope hai.
Did they give you any clarity on the exact price per sqft? And what about the payment plan, is it construction-linked?
Bhai, genuine appreciation in this segment is a myth, especially for affordable housing. Builders just keep launching new phases next door at slightly higher prices, making the older phases look 'appreciated' on paper. Real capital gain tabhi hoga jab infrastructure development us speed se ho, which is rare in these areas. I'm skeptical.
Haan, but for first-time buyers on a tight budget, ₹23-26L mein Gurgaon mein kuch aur option hai hi nahi. Even if appreciation is slow, it's better than pouring money into rent, no? Plus, the RERA number GGM/724/456/2023/68 is there, so at least some regulation.
Totally agree with your point! Location bhi dekh lo, connectivity abhi bhi weak hai. Log sirf price dekh ke book kar lete hain.
Is GLS Avenue 81 Phase 2 actually a good long-term investment, ya just for quick flips? I'm fed up of renting in Gurgaon and finally want to put my money into equity. ₹23-25L ke price range mein, what's the real rental yield one can expect? Brochures toh kuch bhi bolte hain. Also, capital appreciation ka kya scene hai? Has its price moved much since launch? Not sure if it'll have a decent resale market later, ya phir ghost society ban jayegi with too many investors. What do you guys think?