First property investment in Noida Extension — totally confused about long-term ROI
Noida Extension — Aadhaar Jan Ghar Awas Yojna pe kaafi time se research kar raha hun. My budget allows for a 2BHK there, around ₹80 lakh. I'm eyeing it purely as an investment, hoping for decent capital appreciation over 5-7 years. But, builder ka delivery track record kitna reliable hai? Heard some mixed reviews about past projects. Also, what kind of rental yield can one realistically expect from a 2BHK in that area? Not sure if it'll cover a good chunk of my EMI. Is the resale market liquid enough if I need to exit earlier than planned? Honestly, not sure about the long-term ROI. Any genuine experiences ya advice on this project?
Comments
Aadhaar Jan Ghar Awas Yojna? Naam toh suna hai but builder ka delivery track record kaafi mixed reviews wala hai. Noida Extension mein bahut projects late hue hain. ₹80L for 2BHK is okay but only if possession on time. RERA number UPRERAPRJ7084 hai, but woh bhi kitna help karta hai?
Sahi keh rahe ho. Mera friend ka ek project inka phase 1 mein tha, 2 saal late mila. Builder ke promises pe mat