Swati Malhotra

posted on 16 Mar

Exotica Housing in Sector 50: Good ROI?

Hey, what's the expected appreciation for Exotica Housing projects in Sector 50, Noida? Is it a good time to buy now, considering current market conditions? What do you think?

#investment#Noida#residential#ROI#market conditions#Exotica Housing

Comments

Sunita Mehta17 Mar

My overall opinion: Sector 50 is a good location. But Exotica... proceed with caution. Do your research and don't believe everything the builder tells you.

Vaishnavi Patil17 Mar

Sector 50 is good for rental income if you can find a good tenant. But appreciation... I'm not so sure.

Kiara Patel17 Mar

Check amenities completion before booking. I made that mistake in another project. Swimming pool and clubhouse are still 'under construction' after 3 years!

Naveed Ansari17 Mar

Honestly, I'd avoid Exotica. Too many delayed projects and unhappy customers. There are better builders in Noida.

Ananya Bhatia17 Mar

Jewar airport is definitely going to impact property prices in Noida. But it will take time. Don't expect overnight returns.

Vaibhav Parmar17 Mar

So, OP, what did you decide? Are you still considering buying in Exotica?

Ananya Bhatia17 Mar

Bhai, builder ka track record dekh lo. They have a history of delayed projects. Be very careful.

Deepa Negi17 Mar

What's the price per sq ft they are quoting now? Anyone has recent info?

shantimenon88817 Mar

Heard they are quoting around 8k-9k per sq ft for new bookings. Depends on the floor and facing, of course.

shubham_bajaj_abc17 Mar

8-9k? Too much. Sector 150 mein better options available hai for that price.

Ritu Sethi17 Mar

I booked a flat in Exotica North Square. Abhi tak possession nahi mila. Builder ne phir se date extend kar diya. I'm so frustrated!

Shubham Wadhwa17 Mar

Before investing, visit the site and talk to existing residents. Get their feedback. That's what I did.

Simran Kaur17 Mar

Current market conditions are tricky. Interest rates are high. But property prices in Noida are also going up due to the Jewar airport. So, it's a gamble.

Naveed Ansari17 Mar

RERA registration number check karo before investing. Don't trust their marketing brochures.

Shreya Das17 Mar

Anyone know the current circle rate in Sector 50?

girish_verma202417 Mar

Last I checked it was around 60k per sq meter. But that was a few months ago. Might have changed.

Divya Garg17 Mar

Mera personal experience is that resale value is not great for Exotica properties. Difficult to find buyers.

Thomas D'souza17 Mar

Dekho, Sector 50 is good because of the metro connectivity. But Exotica... I'd suggest looking at other options in the area. Maybe Godrej or ATS?

Sunita Mehta17 Mar

I invested in Exotica Housing 5 years ago. Appreciation has been decent, around 6-7% per year. But finding a good tenant is tough. High vacancy rate.

Kunal Mittal17 Mar

6-7% is pathetic! FD se bhi kam return hai. Better to invest in commercial property in Noida Extension.

Vaishnavi Patil17 Mar

Exotica Housing... Sector 50... ROI? Bhai, thoda risky lag raha hai. Builder reputation is average at best. What are your expectations?

Vaibhav Parmar17 Mar

Sector 50 is prime location, no doubt. But Exotica... Hmm. Which project are you looking at specifically? They have multiple.

Rekha Mehta17 Mar

Mat lena bhai! Mera dost ne liya tha 2 saal pehle. Abhi tak possession nahi mila. Builder is making excuses.

saanvi.agarwal_mumbai17 Mar

U3, which project specifically? Exotica Fresco? Exotica Elegance?

kiranv17 Mar

U3, possession mila kya finally?

kiara_patel45617 Mar

Exactly! These Noida builders are all the same. Promise the moon, deliver nothing. RERA mein complaint daalo.

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