CS Roseate's current rental yield is a real letdown
Honestly, I'm a bit confused after buying into CS Roseate Luxury Floors a couple of months back. I thought ₹3.10 Cr was a good entry point for a completed project, but now I'm wondering about the actual rental yield. Kya scene hai yahan ka? I'm getting mixed signals on what similar 3 BHKs are fetching monthly. Also, capital appreciation ka kya lagta hai long term mein? Is it mostly investor-driven or end-users bhi hain? Trying to figure out if my investment was sahi ya bas average.
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It seems like a lot of first-time buyers are facing this dilemma. The 'luxury' tag often comes with a premium but doesn't always translate to proportionate rental income or quick appreciation. For CS Roseate, given the 'RERA Not Applicable' status and future possession date, it needs a very careful long-term strategy rather than expecting quick returns. Hope it works out for you!
Yeah, rental yield in Gurugram is a joke right now for most new projects. Builders promise the moon but ground reality is different. I was looking at Badshahpur too and same story. The capital appreciation is also slowing down due to so much new supply. So, long term mein kya guarantee hai ki price badhega? Is it even worth locking up so much capital?
It depends if the project has unique amenities or a very strong location. What's the super area of your 3 BHK? That impacts rental value significantly.
True appreciation comes from infrastructure growth, not just new projects. Gurugram is saturated in many pockets.
Dekho, Airport Road ke paas waale areas mein 3 BHK luxury floors ka rental usually ₹40-50k ke beech hi milta hai, agar well-maintained hai. ₹3.1 Cr ke investment pe, that's barely 2% annual yield, which is quite low. But if the location is prime and connectivity improves, capital appreciation can still be decent. It's a long game, especially in Gurugram.
Honestly, CS Roseate ka naam sunke thoda doubt ho raha hai. Aapne mention kiya 'completed project' but the official RERA details for CS Roseate Luxury Floors show possession date as 2024-11-01. Also, the RERA number is 'Not Applicable' which is a huge red flag for any first-time buyer like us. How can a project be 'completed' but still have a future possession date and no RERA? This raises serious questions about the builder's transparency and if your investment is truly safe long-term. Be careful, yaar.
Sahi pakda hai U2! 'RERA Not Applicable' often means it's an old project that started before RERA, or it's an independent builder selling plots with construction, not a full-fledged group housing. My cousin bought a property near Basai gaon with 'RERA Not Applicable' status, and he faced so many issues with quality and timelines. For ₹3.1 Cr, you'd expect full compliance and transparency. This could seriously impact capital appreciation and resale value later.
RERA Not Applicable? That's really concerning. Does that mean it's an independent floor or something outside RERA purview? Need to understand this 'completed' status better then.
Bhai, you're not alone! I'm also eyeing properties in that ₹3 Cr range around Gurugram and the rental yield numbers just don't add up for most 'luxury' projects. My agent was promising 4-5% but real calculations show much less. It's so confusing, lagta hai sab hawa mein baatein karte hain.