After three profitable exits, Gurugram's making me pause.
Did a site visit to Paramount Luxury Floor 40 on Saturday and honestly wasn't expecting this. Everyone talks about the location premium, but I'm looking at the numbers. Current pricing for a completed project, ₹2.20 Cr for a 3BHK, seems high. The capital appreciation since launch feels... stagnant, no? I've seen this pattern before where initial investor hype inflates prices, then it plateaus for years. What's the real CAGR people are seeing here? My main concern is the investor-to-end-user ratio. Agar society mein sirf investors honge, toh kya long-term rental yield sustainable hoga? And more importantly, five years down the line, my exit strategy kya hogi? Who's buying a third-hand investor property at an even higher price when newer projects keep coming up? This just feels like a calculated risk that's not adding up for me. Change my mind.
Comments
Yaar, I totally get where you're coming from. My budget is also around that mark, and honestly, ₹2.2 Cr for a 3BHK, even in Gurugram, feels like a stretch, especially if the appreciation isn't great. I'm looking for my first home, not just an investment.
Exactly! And then add on the maintenance charges, property tax... it just keeps adding up. So much for 'budget-friendly' first home.