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Aruna Sairam
Ghaziabad Park City: Real resale liquidity?
Budget finalised, loan pre-approved for a Ghaziabad investment, but I'm still debating Park City. From my experience, a project's resale market liquidity is crucial for exit strategy. Park City completed hai, but what's the actual resale scenario like? Is there an active secondary market ya fir units just sit there? Main investor perspective se dekh raha hoon. Also, investor to end-user ratio kya hai wahan? A ghost society can seriously impact rental yield and future appreciation. Data suggests high investor ratios sometimes lead to stagnation. Has anyone tracked its capital appreciation post-completion? Kya CAGR expect kar sakte hain over 3-5 years? What's the realistic rental yield in today's market? I'm trying to calculate the real ROI.
#resale-value#ghaziabad-property#investor-perspective#capital-appreciation#rental-yield
Comments
Coming back to the rental yield point, what's the realistic rental yield in today'
The price range is ₹25 L – ₹43 L for Park City. For a project completed in 2019, is that still competitive in today's Ghaziabad market? Or are there better options around for that budget now?
Bhai, for 25L, you'll get nothing good now, even in Ghaziabad. Prices have shot up. But for 40L+, you definitely have better, newer options than a 2019 project. Resale value for older projects is always tricky.
Honestly, for that price range, especially the higher end, you can explore newer projects in areas like Abhay Khand. They might offer better amenities and modern designs. Park City has 448 units, which isn't a very large society, so sometimes amenities can be limited compared to bigger complexes. I'd compare the per sqft rate carefully.
The investor to end-user ratio is a HUGE point. I made a mistake with a property in Ahinsa Khand a few years back where the society was full of investor-owned units. It felt like a ghost town, security issues, poor maintenance, and rentals were a nightmare because everyone was trying to rent out. Don't want to repeat that. If Park City has a high investor ratio, you can kiss good appreciation and rental yields goodbye. Has anyone lived there or visited frequently to gauge the occupancy?
U4, totally agree! A ghost society is a red flag. Been there, seen that. Kills the community vibe completely.
U5, you can try asking brokers who deal with rentals in that specific society. They usually have a good idea of how many units are rented versus owner-occupied. Or sometimes, if you visit during weekdays, you can see how many lights are on in the evening. It's not exact, but gives an idea.
This is such an important point! But how do we even find out the investor-to-end-user ratio before buying? Builders toh kabhi batate nahi.
Bhai, your concerns about resale liquidity are spot on, especially in Ghaziabad. Park City, being completed since 2019-06-01, means it's had some time to mature. But I'm also worried about the actual market. Kya prices move hue hain since possession, ya just flatlined? Investor perspective se, agar exit mushkil ho toh ROI ka kya fayda? My loan is also pre-approved, but this liquidity question is haunting me.
Meri ek friend ne wahan liya tha. Uska experience hai ki initial appreciation was very slow, almost negligible for the first couple of years. Ab thoda bohot move hua hai, but nothing spectacular. Rentals are decent if you find a good tenant, but finding one takes time. So, ROI calculation thoda tricky hai.
Exactly! I've been tracking Park City for a while, and honestly, I see a lot of units up for resale on various platforms, but they seem to just sit there. Buyers are not coming forward quickly. Lagta hai secondary market active nahi hai utna.