S
Savitha Raman
Godrej 101 has limited capital appreciation
Budget finalised, loan pre-approved – now looking hard at Godrej 101. I work in real estate but buying for myself is different, you know? I'm seeing the ₹1.63 Cr to ₹2.96 Cr range. For a completed project, what's the actual capital appreciation been like since launch? Builders always paint a rosy picture but what's the real ROI potential here? Also, for rental yield, what are people actually getting per month for a 2 or 3 BHK? Is the resale market active enough for this project, or will it be tough to exit in 5-7 years? Thinking long-term wealth creation, but not sure if Godrej 101 offers enough upside now.
#godrej-101#gurgaon-real-estate#investment-property#resale-value#rental-yield
Comments
I'm also a first-time buyer, and this thread is making me more nervous. It seems like the golden period for Godrej 101 is over for appreciation. So, for budget-conscious buyers like us, should we prioritize rental yield or potential capital growth? It's so confusing to balance both!
My friend stays in Godrej 101, 3BHK. He pays around 45k rent. The amenities are good, and the society is well-maintained. But he says for capital appreciation, it's pretty flat now. Unless there's some major infrastructure development right next to it, don't expect miracles. Maybe look at areas like Baharampur Naya or Baliawas, they are still developing and might offer more long-term growth.
My cousin bought a 2BHK in Godrej 101 during launch. He got it for around ₹90-95 lakhs then. Now it's selling for ₹1.6 Cr plus. So, for him, it was a good appreciation. But if you're buying now at ₹1.6 Cr, the upside might be limited. You're entering at a much higher base. The total units are 404, so it's not a huge society, which can sometimes affect resale activity.
I've been tracking a few listings in Godrej 101. They don't fly off the shelf instantly, but they do sell within a few months, especially the well-maintained ones. The buyers are usually end-users or people working nearby. It's not a speculative market there, more stable.
That's exactly what I needed to hear. The difference between launch price and current price is massive. It proves the point that first-time buyers often miss the initial appreciation wave. So, for someone like me, what's a realistic expectation for appreciation in the next 5-7 years, say 10-15% or more?
Wow, that's a significant jump for your cousin! But you're right, entering now is a different ballgame. Is the resale market active there? Like, how quickly do properties sell if someone lists them?
Godrej 101 is a nice project, no doubt about quality. But for capital appreciation, I'm skeptical. Most of the appreciation happens during the construction phase. Now it's a mature project. For ₹1.6-3.0 Cr, you might find better options in upcoming sectors with more growth potential, maybe near Airport Road side where new developments are still happening.
Haan, Airport Road side is definitely booming, but prices there are also getting crazy. For Godrej 101, the rental yield is decent, so if you're looking for passive income, it might still work. But for pure capital gains, maybe not the best bet now.
That's my fear too. I'm a first-time buyer and don't want to lock my funds in something that just sits there. What kind of growth potential are we talking about for new sectors? Are they safe for investment?
Budget finalised, loan pre-approved, now looking hard at Godrej 101. I work in real estate but buying for myself is different, you know? I'm seeing the ₹1.63 Cr to ₹2.96 Cr range. For a completed project, what's the actual capital appreciation been like since possession in 2019? Builders always paint a rosy picture but what's the real ROI potential here? Also, for rental yield, what are people actually getting per month for a 2 or 3 BHK? Is the resale market active enough for this project, or will it be tough to exit in 5-7 years? Thinking long-term wealth creation, but not sure if Godrej 101 offers enough upside now.
I'm also looking for a home in the same budget range. My agent showed me Godrej 101, but the prices seemed a bit high for a 2019 possession. For resale, you'll always find buyers for Godrej brand, but don't expect a quick flip. The location near Badshahpur is good, but connectivity can be an issue during peak hours.
Totally agree with the point about appreciation. Once a project is completed and occupied, the jump isn't as dramatic as pre-launch or under-construction. You might be getting good living, but not necessarily a huge investment gain. Also, that RERA number 61 suggests it was an early project for the builder in this area, maybe check their later ones too.
Bhai, for a project completed in 2019, appreciation would have mostly happened already. Current market mein, especially in Gurugram, prices are high but the capital appreciation cycle might be slowing down for older projects. Newer launches might give better upside. For rental, I've heard 2BHKs go for 30-35k, 3BHKs for 40-50k, depending on furnishing and tower.