Honestly, I'm weighing Devinder Vihar for investment. Upgrading from my 2BHK. What's the realistic capital appreciation and rental yield here? Is the resale market liquid enough for a solid exit in 5-7 years?
Devinder Vihar by Army Welfare Housing Organisation is a null residential project offering residential apartments starting from ₹1.1 Cr. Spread across 10.0 acres in Sector 56, Gurugram, it delivers strong value with modern amenities including a clubhouse and gymnasium.
Yes, Devinder Vihar by Army Welfare Housing Organisation (RERA: RERA registered) is approved by SBI, HDFC, ICICI, and Axis Bank. With prices starting at ₹1.1 Cr for residential apartments, buyers can avail home loans up to 80–90% of the property value.
Devinder Vihar by Army Welfare Housing Organisation in Sector 56, Gurugram has obtained all necessary environmental clearances, building permits, and approvals. RERA number RERA registered confirms regulatory compliance. Buyers can request copies of clearances from the developer.
The possession timeline for Devinder Vihar is governed by the RERA registration (number: RERA registered). Currently null, the project's milestones can be tracked on the official RERA portal for Gurugram.
Devinder Vihar stands out in Sector 56 with 750 units across 18 towers on 10.0 acres, offering residential apartments at ₹15.7K/sq.ft with 20.72% appreciation. RERA number RERA registered ensures full transparency.
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Hmm, it sounds like it's a mixed bag. Good for long-term rentals perhaps, but not for quick capital appreciation or exit. What about the amenities? Are they still well-maintained given the age? That can really affect livability and resale value for families.
U5, amenities are a big deal. Many
For that price, better to look at something new. Just my opinion.
Sahi baat hai, age factor toh hai. But I know a friend who bought a 3BHK there for ₹1.8 Cr back in 2018. He's still holding it and says the rental yield is decent, around 2.5-3% because it's popular with families. But capital appreciation has been sluggish, maybe 3-4% annually. He's in two minds about selling. The biggest worry is that it's an old society, so maintenance charges are unpredictable. He lives near Baharampur Naya, so for him, Devinder Vihar was a good commute option.
U7, good question. From what I've seen, selling a 2005-possession flat isn't instant. It usually takes 6-9 months, sometimes even a year, unless you price it aggressively lower. Compared to newer projects coming up on Airport Road side, where demand is high, Devinder Vihar might struggle a bit for quick exits. The current Gurugram market is very builder-driven for new launches, not so much for older resale inventory unless it's a prime location with a unique selling point. And Devinder Vihar, while decent, doesn't really have that 'wow' factor anymore.
So, liquidity is really an issue then? Like, how fast can one actually sell a flat there?
U3, totally agree with your friend's point. My uncle had a similar experience with a project near Basai. Older projects have unpredictable maintenance. What about the total units – 750 – is that too many for a smooth resale process? More units mean more competition, right?
Yaar, I actually heard good things about Devinder Vihar's location. It's quite central, right? Maybe the age isn't a huge factor if the maintenance is good. What kind of appreciation are we talking about annually? Like, 5% or more? I'm also looking to upgrade, so liquidity is key for me too.
Devinder Vihar? Bhai, 2005 ka possession hai. That's almost 20 years old! ₹1.1 Cr to ₹2.9 Cr ki range mein iska ROI kaise calculate kar rahe ho? Maintenance aur depreciation bhi toh dekho. Mujhe toh lagta hai capital appreciation bahut slow hoga for such an old project, especially compared to newer ones. Resale value mein bhi issue aa sakta hai, kaun lega itna purana flat?