Just got possession of my unit at Brigade Plumeria Phase 1 last month, and honestly, the rental yield reality is hitting hard. Builder promised one thing, but maintenance charges and RWA issues are eating into everything. Is anyone else seeing actual rental income way lower than projected? What's your ROI looking like there?
Brigade Plumeria Phase 1 At Meadows by Brigade Enterprises is currently Ready to Move. The project in Kaggalipura, Bengaluru has 394 units across 7 towers and is RERA registered under PRM/KA/RERA/1251/310/PR/171015/000863, ensuring transparent milestone tracking.
Brigade Plumeria Phase 1 At Meadows by Brigade Enterprises in Bengaluru starts from ₹75.0 L. It offers 1 BHK from ₹0.75 Cr, 2 BHK from ₹1.07 Cr, 3 BHK from ₹1.4 Cr with an average rate of ₹10.1K/sq.ft — making it a competitively priced entry into the Kaggalipura micro-market.
Brigade Plumeria Phase 1 At Meadows by Brigade Enterprises in Kaggalipura, Bengaluru has obtained all necessary environmental clearances, building permits, and approvals. RERA number PRM/KA/RERA/1251/310/PR/171015/000863 confirms regulatory compliance. Buyers can request copies of clearances from the developer.
Yes, with RERA registration PRM/KA/RERA/1251/310/PR/171015/000863, booking an under-construction unit at Brigade Plumeria Phase 1 At Meadows is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Brigade Plumeria Phase 1 At Meadows.
Brigade Plumeria Phase 1 At Meadows by Brigade Enterprises features Cricket Pitch, Volleyball Court, Gazebo, Spa, Table Tennis, and more. Spread across 60.0 acres with 394 units in 7 towers, the project is designed to provide resort-style living for residents in Kaggalipura, Bengaluru.
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I actually know someone who bought a 3BHK in Plumeria Phase 1 back in 2018 when it got possession (July 1, 2018). They were expecting close to 50k, but after deducting the hefty RWA charges and property tax, they're barely making 30-32k. And finding tenants who pay on time is another headache. Plus, the property value appreciation hasn't been as stellar as other parts of Bengaluru. It's a tough situation.
No RERA number (PRM/KA/RERA/1251/310/PR/171015/000863) will ever guarantee rental income, that's a marketing gimmick. It's more about transparency in construction. As for Adigara Kallahalli, the market is competitive. Post-pandemic, many areas saw
That's a major concern. Is this specific to Plumeria or general for properties around that Adigara Kallahalli area? I'm looking near there and getting worried. What about the RERA number, did it mention any rental guarantees?
Bhai, this is why I'm so scared as a first-time buyer. Builders over-promise everywhere.
Yaar, totally relate! I heard about Brigade Plumeria's rental promises too, sounded too good to be true. My brother almost invested there, but then we saw the actual maintenance figures for other Brigade properties. Builder marketing is always a dream, reality is a nightmare. What were they promising you per month vs. what you're actually getting after everything?
Same with my friend in Akshayanagar. Builders just inflate numbers.
Exactly! They showed me projections of 35-40k for a 2BHK. Abhi toh 25k bhi mushkil se mil raha hai, usme se 5k RWA ko jaata hai. It's a joke. Maintenance charges are insane, especially for a project that got possession way back in 2018. Isn't it?