S
Sandeep Dwivedi
Completed project investment: My calculations feel off
Since last Diwali, I've been tracking completed projects in Pune for investment, focusing on rental yield and capital appreciation. Eskay Basera Eternity Plot B, listed around ₹1.12 Cr, has my attention. From my experience, completed projects sometimes offer less appreciation upside, but immediate rental income is good. What's Eskay's track record for quality and post-possession support? I'm trying to calculate realistic rental yield for a 2 BHK. Brokers quote ₹25k-30k, but I've seen that's often inflated. What's the actual rent one can expect? Also, considering the current market, is the resale market for this project liquid? I'm thinking 5-7 years, so exit strategy is crucial. Is ₹1.12 Cr fair, ya thoda overvalued lag raha hai?
#pune-real-estate#investment-property#rental-yield#resale-value#eskay-basera
Comments
₹1.12 Cr for 67 units in 2021? Thoda overvalued lag raha hai. Current market mein itna appreciation nahi milega.
Exactly! Plus, the market sentiment right now is a bit slow for resales, especially for higher ticket sizes. People are preferring new launches with payment plans. Liquidity will be an issue for sure at that
Eskay Basera Eternity, right? I heard mixed reviews about their post-possession support. My cousin had some issues with water leakage in their other project. For ₹1.12 Cr, you expect top-notch quality and service. Completed project hai toh RERA number bhi check kar lo, P52100008447. But quality issues baad mein bahut headache dete hain.
Yes, I think that other project was in Wagholi. Eskay has a few projects in Pune. But quality issues are serious, especially for water.
Oh no, water leakage is a big red flag! Thanks for sharing this. I was also considering them for a project in Akurdi. Builder ka reputation bahut matter karta hai, especially for after-sales. Is their other project also in Pune?
Bhai, exactly my thoughts! I was looking at this project too, or something similar in Sinhagad Road. ₹1.12 Cr for a completed 2 BHK sounds okay on paper, but the rent figures brokers throw around are always so misleading. My friend bought a 2 BHK in Ambegaon last year, broker said ₹28k, but barely gets ₹22k. So, that ₹25k-30k for Eskay Basera is probably ₹20k-22k max. And for capital appreciation? Completed projects usually don't give that much upside unless the location suddenly booms. The exit strategy is key, you're right.
Haan yaar, ₹1.12 Cr for a 2 BHK in a completed project is a bit steep. Resale market mein liquidity ka issue ho sakta hai.
Totally agree with the rent part. Brokers just want to close the deal. I checked a similar project nearby, they quoted ₹27k, but tenants told me they pay ₹20k. This Eskay Basera price also feels a bit high for a 2021 completed project, no?