S
Shruti Dave
posted on 13 MayFaridabad upgrade: Investor ratio worries for Goyal.
Investor heavy projects in Faridabad really concern me for long-term appreciation. I'm eyeing Goyal Luxury Floors by Rahul Mangla, around ₹2.65 Cr. Currently in a 2BHK in Sector 19, thinking of upgrading, but that's a huge price jump. Already have a home loan, so ROI is key. What's the investor vs end-user ratio looking like there? I'm worried about ghost society vibes affecting rental yields and future resale. What kind of rental income can one actually expect, and what's the exit strategy for this project in 5-7 years?
#investor-ratio#rental-yield#exit-strategy#goyal-luxury-floors#faridabad-real-estate
Comments
Okay, so the project details say 'Possession date: 2026-04-01' and 'RERA number: Not Applicable'. Is this confirmed? Because 'Not Applicable' for RERA sounds very fishy for an upcoming project. And 2.65 Cr is a lot for an un-RERA'd property.
Investor heavy projects are always a red flag, especially for first-time buyers like us who need good ROI. And the fact that it's 'UPCOMING' with RERA 'Not Applicable' for ₹2.65 Cr? Bhai, this is a recipe for disaster. I've seen so many similar projects in Faridabad get stuck or compromise on quality. Our hard-earned money is at stake, we can't take such risks. RERA registration is crucial for transparency.
Is this Goyal the same builder jo pehle bhi Sector 80 mein kuch issues face kar chuka hai? Just curious if there's a pattern here.
You hit the nail on the head! 'Not Applicable' RERA for an upcoming project is a HUGE red flag. It means there's no regulatory oversight, no clear timeline, and no recourse if things go south. Builders often use this loophole for smaller, independent floor projects. For us budget-conscious buyers, this is a deal-breaker. It impacts the 'exit strategy' and 'rental income' directly because uncertainty always drives down value.
Bhai, ₹2.65 Cr for Goyal Luxury Floors with only 4 units? That's a huge amount for Faridabad, even Sector 19. "Luxury" tag aur phir itne kam units, makes me wonder about the actual per sqft cost. OP ki 'ghost society' wali baat thodi overblown lag rahi with just 4 units, but investor heavy hone se resale value aur rental yield pe toh farak padega hi. Kya lagta hai, is it worth it at this price point?
Same thoughts here. Rahul Mangla ka track record kaisa hai, anyone knows? I've heard mixed reviews for some of his previous projects. Is this the same group?
Absolutely agree! ₹2.65 Cr for a project with only 4 units means it's super niche. Who would rent that out? And if all 4 are investors, then the 'ghost society' might not be about empty buildings, but about zero community vibe. Rental yield toh expect mat karo isme, especially since the price is so high, demand will be low for such expensive rentals in Faridabad.