ARK Avantika's rental promises feel unrealistic
Got my local contact to check out ARK Avantika Dream Homes in Greater Noida last week. I'm based in Dubai, so can't do a site inspection myself, relying on community feedback for ground truth. Builder ka track record theek lagta hai, but I'm worried about rental yield aur resale potential. Given the price range (₹11.50 L–₹16.21 L), what's the realistic rental income per month? I'm looking for decent ROI, not just capital appreciation. Also, is the resale market liquid for these units? Kahin ghost society toh nahi ban jayegi, if investor ratio bahut high hai? Need someone to manage the property via power of attorney too. Kya lagta hai, is it a good long-term investment, ya exit strategy mushkil ho jayegi?
Comments
Bhai, rental promises toh hamesha inflated hi hote hain. Builder bolta kuch hai, milta kuch aur hai. Aur ghost society ka dar ekdum genuine hai, especially in areas with high investor-to-end-user ratio. Property manage karna from abroad is a nightmare, trust me.
Poori tarah se agree karta hoon. Mera cousin ne bhi Alpha I ke paas aise hi ek project mein invest kiya tha. Aaj bhi aadha khaali पड़ा hai, resale ka naam hi nahi hai. Ye small units mein liquidity ka issue bahut aata hai.
Dekho, kuch projects chal bhi jaate hain. But for 12-16 Lakhs, if you expect 10k+ rent, that's unrealistic. Maybe 6-7k in an area like Alpha II, but that's a poor ROI. Definitely not a dream home for rental income.
Sahi keh rahe ho. Builder ka track record dekh ke bhi kya faida agar project mein jaan hi na ho. Waise, possession date 2016-10-01 dikha raha hai, toh kya yeh fully occupied hai abhi?
Got my local contact to check out ARK Avantika Dream Homes in Greater Noida last week. I'm based in Dubai, so can't do a site inspection myself, relying on community feedback for ground truth. Builder ka track record theek lagta hai, but I'm worried about rental yield aur resale potential. Given the price range (₹11.50 L–₹16.21 L), what's the realistic rental income per month? I'm looking for decent ROI, not just capital appreciation. Also, is the resale market liquid for these units? Kahin ghost society toh nahi ban jayegi, if investor ratio bahut high hai? Need someone to manage the property via power of attorney too. Kya lagta hai, is it a good long-term investment, ya exit strategy mushkil ho jayegi?