Akshaya Bliss investors, what's your ground reality?

Dekho, every project has pros and cons. But for Akshaya Bliss, the red flags are stacking up: Upcoming, no RERA, high price point for a small project, and you're an NRI investor relying on POA

The 'Rera Not Applicable' part is super concerning for an upcoming project. Usually, projects over 8 units or 500 sqmt need RERA. Is this project deliberately kept small to bypass RERA? That's a huge risk for an investor, especially from abroad. Without RERA, you have very limited recourse if the builder defaults or delays. Plus, only 8 units means very limited community, which can impact resale and amenities maintenance.

U7, Aavalahalli side mein, 3.3 Cr ke property pe 1-1.2 Lakh rent milna mushkil hai. Maybe 60-70k if you're lucky, but that's a very low yield for such a high investment. Market conditions are tough for landlords looking for good returns on such premium properties. You'd be looking at a 2-2.5% yield at best, which is not great for investment.

Kitna rental yield expect kar sakte hain is price point pe, U6? Any idea for areas like Aavalahalli?

POA se manage ho toh jayega, but the real question is, will there be anything *worth* managing? Rental yield for 3.3 Cr in an upcoming area might be disappointing. Bengaluru market is slow right now for high-end rentals, especially if the project doesn't have a strong reputation or amenities.

U4, meri friend ne Akshayanagar mein aise hi ek project mein invest kiya tha. Builder ne possession date 3 baar extend ki, amenities ka jo promise kiya tha woh mila hi nahi. End mein resale value bhi utni nahi mili jitni expected thi. Small projects often lack the financial muscle and regulatory oversight, making them a nightmare for investors. Plus, only 8 units means liquidity for resale might be an issue.

Exactly! Kya specific issues face kiye aapne aise projects mein, U3? Yeh sunke toh aur darr lag raha hai.

Honestly, 3.3-3.4 Cr for an 'upcoming' project with no RERA and only 8 units? Sounds like a small-time builder trying to bypass regulations. Been there, done that, almost lost money in a similar project near Adigara Kallahalli. Especially if you're investing from Dubai, due diligence is EVERYTHING. Builder ka track record check karna bahut zaroori hai, warna phas jaoge.

Bhai, Akshaya Bliss UPCOMING hai aur RERA Not Applicable? Yeh toh pehli red flag hai. Bahut risky lag raha hai, especially from abroad.

Akshaya Bliss under-construction hai, builder ka delivery track record kaisa hai? Dubai se investment kar raha hoon, resale potential aur rental yield kitna mil sakta hai? Power of attorney se sab manage ho jayega kya?