Arunima Palace: The rental yield myth investors ignore
₹35,000 rent for a 3BHK in Arunima Palace? Yeh toh sirf papers pe hai. Actual rental yield wahan kitna mil raha hai? Mujhe lagta hai most buyers investors hi hain. Agar end-users kam hain, toh 5 saal baad exit kaise hoga? Ghost society toh nahi ban jayegi? Change my mind.
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I was considering it for my first home, but this discussion makes me super nervous. The 'ghost society' fear is real. What are other good options for a 3BHK around this budget in Ghaziabad? Maybe near Abhay Khand?
Someone told me the pricing for Arunima Palace is also quite high per sqft compared to other established societies in the same micro-market. If the buying price itself is inflated, then even a decent rent won't give a good yield. Plus, if it becomes an investor-heavy society, maintenance issues bhi bahut aate hain.
My uncle bought a flat in a similar project in Afzalpur a few years back, lured by high rental promises. Aaj tak tenant nahi mila hai, khud ki EMI jaa rahi hai. Arunima Palace ka bhi wahi haal na ho jaye. End-users are key for any property's long-term value.
Has anyone actually seen the construction progress recently? Aur possession ka kya scene hai? Project status null dikha raha hai har jagah.
Status null ka matlab hai ya toh abhi tak RERA registration nahi hua ya fir update nahi kiya gaya hai. Both are concerning for a project claiming high rental yields. Better to avoid it if you're a first-time buyer like me, safety first.
I checked last month, construction was moving super slow. Lagta nahi time pe deliver hoga. Builder ka track record bhi kuch khaas nahi hai as per my research.
Totally agree with the post. Arunima Palace ka yeh ₹35,000 rent toh sirf advertisement mein hai. Jab main site visit karne gaya tha, laga hi nahi ki wahan itni demand hogi. As a first-time buyer, I'm really confused if it's even worth considering for investment.
Exactly! My agent was pushing Arunima Palace hard, saying it's a great investment. But when I checked the actual occupancy in nearby areas like Ahinsa Khand 1, the rents for similar 3BHKs are barely touching ₹20-22k. ₹35k sounds like a dream, not a reality, especially with so many new projects coming up in Ghaziabad. We need to be super careful with these 'paper yields'.
Bhai, you're not alone. I also felt the same. The project status is 'null' everywhere, which is a huge red flag for me. How can they promise such high rents when the project itself seems so uncertain?