Finally done with landlords, time to invest
₹51.75L for a 2BHK in Nitishree The Alstonia – I'm seriously considering buying there, fed up of renting for so long. But as an investor, I'm worried about the ROI. Completed project hai, toh capital appreciation kaisa raha hai past mein? Aur iska actual rental yield kya hai, matlab kitna rent mil sakta hai? Secondary market mein resale value ya liquidity kaisa hai? Koi exit strategy pe advice de sakta hai? Don't want to get stuck.
Comments
Bhai, completed projects mein ROI dekhna thoda tricky hota hai. Mera ek friend phasa tha Alistonia Estate mein ek project mein, builder ne completion ke baad bhi bahut issues create kiye. RERA number UPRERAPRJ5632 toh hai but quality check kar lena. Sometimes, older projects don't appreciate as much as new launches in growing areas. Kya builder ka track record sahi hai? Maine suna hai Nitishree ne pehle bhi delays kiye hain.
Actually, for Nitishree
Haan, Nitishree ka naam sunke thoda doubt toh hota hai. Meri friend ne bhi ek project mein booking karwai thi, aur possession mein 1.5 saal delay hua tha. UPRERAPRJ5632 toh hai, but did they stick to the timelines for Alstonia?
Totally agree. Builder ka past record dekhna important hai. Many completed projects have hidden issues.
Haan yaar, same pinch! Renting se toh jaan nikal gayi hai. 51.75L for a 2BHK in a completed project sounds decent, especially if it's near good connectivity. I've been eyeing properties around Alpha I Greater Noida, and prices there are touching the sky. Nitishree Alstonia ka location kaisa hai, any idea?
₹51.75L for a 2BHK in Nitishree The Alstonia – I'm seriously considering buying there, fed up of renting for so long. But as an investor, I'm worried about the ROI. Completed project hai, toh capital appreciation kaisa raha hai past mein? Aur iska actual rental yield kya hai, matlab kitna rent mil sakta hai? Secondary market mein resale value ya liquidity kaisa hai? Koi exit strategy pe advice de sakta hai? Don't want to get stuck.
Liquidity is a major concern for completed projects, especially if the total units are high (516 units for Alstonia, that's a lot of inventory!). Secondary market mein buyers milna mushkil ho jata hai, unless you drop your price significantly. I saw a similar situation with a property in Alpha II, where sellers waited months. Exit strategy is key – don't buy if you need to sell in 2-3 years, you might get stuck or sell at a loss. So for your 51.75L investment, be prepared for a longer hold.
ROI for completed projects depends heavily on the specific tower and floor. My cousin bought a 2BHK in a similar complex near Ajayabpur last year for 45L, and the rental yield is barely 2.5-3%. For 51.75L, expect around ₹12-15k rent, which isn't great ROI-wise. Capital appreciation has slowed down a bit in Noida overall, so don't expect miracles.