Are Noida rental yields even worth it anymore?
Spent the whole Sunday checking out rental yields in Sector 137 and Noida Extension. Honestly, I work in real estate, but buying for myself and seeing the *actual* rental returns... it's a different ballgame. Everyone talks about property appreciation, especially with Jewar coming up, but nobody talks about the pathetic rental yields. Rents have gone up like 30-40% in 2 years, yeah, but EMIs are also crazy high now. For a 2BHK in Sector 137 that costs ₹80L, you're lucky to get ₹20k-₹22k rent. That's barely 3% annual yield, maybe even less after maintenance. Even in Noida Extension, it's not much better. Is this rent hike sustainable? Are you guys seeing better ROI from your rental properties? Or is investing for rental income just not making sense in Noida anymore? Change my mind.
Comments
Totally agree. My agent was showing me properties in Alpha II Greater Noida, but the numbers for rental income just didn't add up. Sirf appreciation ke bharose investment karna risky lag raha hai.
Exactly! Agents just paint a rosy picture. I checked a 2BHK in Alistonia Estate, they quoted ₹18k-₹20k rent for a ₹70L flat. Matlab 3% bhi nahi ban raha. Then they say 'capital appreciation dekho na, future mein double ho jayega!