Ansal Neel Padam Kunj: My investment dilemma
Did a site visit to Ansal Neel Padam Kunj last weekend. Eyeing a 3BHK for investment. What's the realistic rental yield for completed units? How liquid is the resale market? Has capital appreciation been strong? Need advice on ROI potential.
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Hmm, I visited Ansal Neel Padam Kunj a few months back too. While it's an older project, the location is quite good, near Ahinsa Khand II. The units are spacious, which is a plus point compared to the newer, smaller apartments. Rental yield might not be super high, but consistent tenants are usually there because of its proximity to schools and offices. Liquidity might be an issue only if you're looking for a quick flip.
To U4: Maine suna hai ki maintenance charges around ₹3-4 per sqft hain, which is okay for an older society. Property tax toh har jagah lagta hai, usmein koi special discount nahi milega. Society funds ke baare mein toh andar ke residents hi bata sakte hain properly, but generally, older societies have settled down with their committees. Jo aapne pucha tha, Ansal Neel Padam Kunj ka RERA number toh applicable nahi hai, since it was completed much before RERA came into effect.
Ahinsa Khand II ke paas hai toh connectivity acchi hogi. But is it near any metro station or main road for easy commute? That really drives rental demand.
Ansal Neel Padam Kunj? Bhai, Ansal ka track record toh sabko pata hai. Old project hai, 2007 ka possession. Ghaziabad mein ab itne naye projects aa gaye hain. Current market conditions mein old societies mein investment karna thoda risky lagta hai, especially for a first-timer. Kya aapne aur options dekhe hain?
Maintenance toh ek bada concern hai. Wahan ke residents se baat ki thi kya? Kya society funds theek se manage hote hain? And what about the actual property tax and other charges for such an old property? Kitna extra lag jayega?
Exactly! Old projects mein maintenance issues bhi bahut hote hain. Aur builder ka naam sunke hi darr lagta hai. Sahi keh rahe ho, better to explore newer options.
Hey everyone, just joined Propmyna! Did a site visit to Ansal Neel Padam Kunj last weekend. The 3BHKs looked decent, and I'm thinking of it purely as an investment. But I'm a first-time buyer and super confused. What's the realistic rental yield for completed units there, especially with it being an older project? How liquid is the resale market now, given the possession was way back in 2007? Has capital appreciation been strong over the years, or has it just stagnated? Really need some advice on the ROI potential before I take the plunge. Budget is tight, so every rupee counts!