M
Mohammad Khan
Evergreen Villas: Actual rental yield surprise?
Moving into Evergreen Villas last month was quite a journey, but I've already noticed something critical for investors. Most people just look at brochure figures, but real rental yield calculate karna alag game hai. Maine dekha yahan actual rental demand brokers ke quotes se thodi different hai. My 3BHK is getting offers around ₹22-25k, not the ₹30k+ they promised. Also, for resale, liquidity check karna bahut important hai, sirf asking price nahi. Kitne serious buyers hain, that's the real metric. Anyone else seeing this trend? Hope this helps someone looking beyond paper promises.
#evergreen-villas#noida-extension#rental-yield#resale-value#investor-tips
Comments
Sometimes initial rental yields are a bit low, especially when a project just gets possession and many units come on the market simultaneously. It might pick up in a few months. But ₹22-25k is quite a drop from ₹30k. Konsa tower ya floor hai aapka? Sometimes that makes a difference too.
Higher floor usually commands better rent. Have you checked rental rates in nearby established areas like Ajayabpur for similar configurations? That might give you a better benchmark than just broker quotes. Sometimes new projects take time to build a rental reputation.
Mera 3BHK hai, higher floor pe. Location bhi achhi hai, phir bhi ye haal hai.
I almost booked in Evergreen Villas last year! But then I dug a bit deeper. Found out there were a few RERA complaints about previous projects not delivering amenities as promised. Plus, for 160 total units, the promised rental seemed unrealistic from day one. I backed out then. Kisi ne RERA filings check ki thi kya for this project? Sometimes the documents reveal more than the sales pitch.
True, RERA is key. But also, current market conditions in Noida for rentals are a bit slow overall. Bahut supply hai, demand utni nahi. Even good projects sometimes struggle to get the expected rent. Ye sirf Evergreen Villas ki baat nahi hai, general trend hai.
Oh god! I only looked at the brochure. RERA complaints? This is scary. Thanks for the heads up, I'll definitely check now.
RERA documents toh mandatory hain check karna. Saari details mil jaati hain, completion date se leke amenities tak. It's surprising how many people skip this crucial step and just trust the glossy brochures.
Haan bhai, brokers toh hamesha inflated numbers hi batate hain. Unka toh commission ka chakkar hota hai. Real market research karna hi padega.
Totally relate! I've been eyeing properties in this segment too. But this rental yield issue is a big red flag. Also, Evergreen Villas ka possession status kya hai? Builder ka track record kaisa hai, kisi ko pata hai? I heard some mixed reviews about their previous projects.
Builder ka track record bahut important hota hai. Meri jaan nikal gayi thi Alpha I Greater Noida mein ek project mein. They promised possession in 2 years, ended up taking 4, aur har baar maintenance charges badha diye. Final finish bhi brochure jaisa nahi tha. Always check their past projects, not just the current one. Yeh log brochure mein sab kuch best dikhate hain, but reality is often different.
Possession date toh 2024-12-01 hai. Builder ka record theek-theek hi hai, kuch projects time pe diye hain, kuch mein delays hue hain. Depends on the specific project team, I guess.
Bhai, you hit the nail on the head! I was just looking at Evergreen Villas for my first investment, and the rental projections on their pamphlets were unbelievable. ₹30k+ for a 3BHK in that area seemed too good to be true, especially when the property itself is in the ₹80 L – ₹8.0 Cr range. If the actual yield is only ₹22-25k, that completely changes the ROI calculations. It makes me so nervous about trusting any builder's numbers. Thanks for sharing this reality check, it's really important for us first-time buyers.