GCC Flora Avenue 88A appreciation seems slow
Possession was in March, and I've been living in GCC Flora Avenue 88A for a couple of months now. Jab liya tha, price was around 1.6 Cr for a 3BHK. Honestly, investor perspective se, I'm trying to gauge the real ROI. Builder ka track record toh sahi tha, delivery on time, no issues there. But ab long-term appreciation ka kya scene hai, not sure. The resale market seems a bit slow, haven't seen many listings or quick movements. Rental yield bhi I'm seeing around 30-35k for a 2BHK, is that standard for Sector 88A? Lagta hai ki capital appreciation slow hai ya this is normal for a completed project? Anyone else invested here or nearby? What are your thoughts on exit strategy after 5 years, will it give good returns?
Comments
Bhai, same exact concern! I was eyeing Flora Avenue too, but heard 88A might be slow. ROI toh dekhna padega, 1.6 Cr is a big amount.
I'm looking in Sector
Exactly! For us first-time buyers, every rupee counts. This appreciation worry is very real, especially with property being such a huge investment.