CGHS Karam Hi Dharam — Is the long-term ROI really there?
CGHS Karam Hi Dharam Apartment — I'm looking at this one closely for investment. Price range seems okay for Gurgaon, but I'm trying to figure out the real capital appreciation potential here. Has anyone tracked its price movement since launch? From my experience, societies like these can sometimes have slower appreciation if the investor ratio is too high. What's the actual rental yield people are seeing? I've heard some conflicting numbers, not sure if a 3% yield is even realistic here. Also, for resale, how liquid is this project? Is there an active secondary market or will it be tough to exit in 5-7 years? I'm hoping to get some real insights from owners or people who've dealt with properties in this specific area.
Comments
Considering the current market conditions in Gurugram, where new projects are launching at much higher PSFs, an older, well-maintained society at a more 'reasonable' price point (1.3 Cr to 2.8 Cr for a 2005 project is still a big range) might appeal to end-users who don't want to wait for possession. But for pure investment, especially for capital appreciation, I'd suggest looking at upcoming areas or projects with better growth potential. The rental yield numbers shared here are a bit of a red flag for investment.
I've heard from a few agents that CGHS projects generally have a strong community feel, which is good for living but sometimes means less churn in terms of sales. The total units are only 80, which makes it a small community. For investment, I always prefer projects with at least 200-300 units for better liquidity. Less units, less active secondary market, usually.
I actually own a unit there, bought it in 2015. Back then, the prices were much lower. It's a decent society, well-maintained for its age. Currently, a 2BHK might fetch you around 20-22k rent, which on a 1.3 Cr property is definitely not 3%. More like 1.8-2%. Appreciation has been steady, but not explosive like some new projects on Airport Road. Resale is slow, but not impossible. It takes time to find a buyer.
Maintenance charges ka kya scene hai? Since it's an older society, I'm worried about unexpected expenses. Does it have good amenities like a gym or clubhouse? That impacts rental appeal.
Yeah, 1.8-2% is quite low for an investment property. My friend was looking at something similar in Baharampur Naya and even there, the yields were around 2.5% for ready-to-move. Is the area itself booming enough to justify slower appreciation?
Thanks for the real numbers! This helps a lot. So, a 1.8-2% yield means it's more of a self-use property than an investment for high returns. What kind of buyers are usually interested in resales there?
Bhai, this project is from 2005 possession. It's quite old. For capital appreciation, you should look at how much it has grown from its initial launch price. I doubt a 3% rental yield is possible in such an old society, unless it's in a prime location with very high demand. Liquidity might be an issue with only 80 units.
Yes, the 2005 possession date is a big factor. My broker told me older societies often have maintenance issues too, which can eat into your rental income. Have you checked the current maintenance charges there?
Totally agree. 2005 se ab tak kitna badha hoga? Most of its appreciation would have already happened. For new investors, it might be tough to see significant gains from here. My friend invested in a similar project near Basai in 2010, and the returns have been just okay, nothing spectacular.
CGHS Karam Hi Dharam Apartment - I'm looking at this one closely for investment. Price range seems okay for Gurgaon, but I'm trying to figure out the real capital appreciation potential here. Has anyone tracked its price movement since launch? From my experience, societies like these can sometimes have slower appreciation if the investor ratio is too high. What's the actual rental yield people are seeing? I've heard some conflicting numbers, not sure if a 3% yield is even realistic here. Also, for resale, how liquid is this project? Is there an active secondary market or will it be tough to exit in 5-7 years? I'm hoping to get some real insights from owners or people who've dealt with properties in this specific area.