N
Navneet Kaur
posted on 12 MayAnsal Aastha Mig Zone resale is a big gamble
₹30 lakh for Ansal Aastha Mig Zone seems like a decent entry point, but I'm purely looking at it as an investor. Currently in a 2BHK, thinking of upgrading soon, so this is for capital appreciation ya rental income. My budget is around this price. But what's the actual capital appreciation record for this project since its launch? Koi idea hai? I'm really concerned about the resale market. Is Rajkot's secondary market liquid enough for these properties? I don't want to get stuck with low demand when it's time to exit in 3-5 years. What kind of rental yield can one realistically expect here for a 1BHK or 2BHK? Long-term wealth creation is the goal. Should I consider this for my portfolio over other options?
#rajkot#ansal-aastha#resale-value#capital-appreciation#rental-yield
Comments
The original poster's goal of long-term wealth creation is noble, but for a 3-5 year horizon, Ansal Aastha Mig Zone might not be the right vehicle. Capital appreciation is highly speculative in the current Rajkot market, which is more buyer-friendly but slow-moving for resale. Rental income might be the only consistent return, but even that won't give a stellar yield after property tax, maintenance, and vacancy. My advice would be to look for projects with proven track records in more established micro-markets, or consider commercial properties if the primary goal is rental income. Don't fall for the 'decent entry point' trap if the exit is uncertain.
Yaar, har project ka yahi haal hai. Lagta hai apna ghar ka sapna bas sapna hi reh jayega. Itna research karo phir bhi koi clear picture nahi milti. Confused hi rehte hain sab.
So basically, it's a no-go for investment? What other options in this budget then for a first-time investor?
Hmm, sabki concerns valid hain. But can anyone share some actual numbers? Koi exact figures bata sakta hai kya appreciation ke liye Ansal Aastha Mig Zone mein since its launch? Iska RERA number UPRERAPRJ5670 hai, aur possession date 2022-06-01 hai. Kya kisi ne iski performance track ki hai?
Rajkot mein abhi kya current scenario hai for these kinds of properties? Is liquidity really that bad? I was also considering something around Krishna Kunj area for investment but now I'm having second thoughts.
Bhai, market mein abhi appreciation toh door ki baat hai, flat mil jaaye wahi badi baat hai. Investment ke liye toh bilkul bhi nahi.
Dekho, exact appreciation track karna thoda mushkil hai for individual units post-completion, especially for a project like Ansal Aastha Mig Zone. But going by the initial price range of ₹29 L – ₹30 L when it was completed in June 2022 (UPRERAPRJ5670 confirms the project details), the market hasn't seen any significant jump. Rajkot mein general property market slow hi hai, aur aise projects mein appreciation bahut gradual hoti hai, not something you can bank on for a quick 3-5 year exit. Rental yields bhi average hi hain, maybe 2-3% max for a 1BHK/2BHK after all expenses.
Yaar, Ansal projects ki reputation pehle se hi mixed rahi hai. Maine bhi ek baar Ansal Aastha ke paas ek plot dekha tha, initial phase mein rates bahut attract kar rahe the. Lekin baad mein completion aur possession mein delays ki khabrein aayi thi. Plus, maintenance issues bhi bohot common hain aise projects mein. Mere ek relative ne Krishna Kunj mein liya tha, unko bhi bechne mein bohot mushkil aayi thi, kaafi time laga aur price bhi expected se kam mila.
Haan, maintenance toh ek huge red flag hai. Builders construction ke time toh sab promises karte hain, lekin ek baar possession ho gaya toh society ki maintenance mein haath khade kar dete hain. Phir residents ko hi sab handle karna padta hai, aur costs badhti hain.
Krishna Kunj mein kya problem aayi thi unko bechne mein? Demand nahi thi ya price ka issue tha?
Totally agree with you! Rajkot ka secondary market, especially for these kind of projects jo thode out-of-the-way hote hain, utna liquid nahi hai jitna log sochte hain. 3-5 saal mein capital appreciation toh tab hoti hai jab demand high ho, aur yahan toh abhi bhi inventory kaafi hai. Rental yield bhi average hi milega, uske liye itna bada investment karna worth it nahi lagta.
Bhai, Ansal Aastha Mig Zone ko sirf investment ke liye dekhna, woh bhi 3-5 saal ke horizon mein, thoda risky bet lag raha hai. Maine aise kai projects dekhe hain jahan initial buzz toh hota hai, but resale mein bohot struggle karna padta hai. ₹30 lakh entry point theek lag sakta hai, but usko exit karne mein kitna time lagega aur kya price milegi, iska koi guarantee nahi. Capital appreciation ke liye Rajkot mein kaafi better options hain, especially agar long-term wealth creation goal hai. Yeh toh seedha gamble lag raha hai.