India's First Real Estate Community
By 5 ELEMENTS REALTY
Shikaripalya, Shikaripalya, Bengaluru
My existing property sale is closing soon, need a new place. GR Gardenia's amenities look great, but are they useful for empty nesters? I worry about the real community vibe, not just a fancy gym. Change my mind.
Just moved into my 2BHK at GR Gardenia back in March, possession was surprisingly smooth. I got it for around 45L then, hoping for decent ROI. Honestly, I'm a bit concerned about the actual rental yield. I'm getting maybe 18k-20k, which feels lower than what I'd projected. Is this typical for the area, or am I missing something? Also, thinking long-term about resale. The project was completed a while ago, so I expected a more active secondary market. Are buyers actually interested in older completed projects here, or do they always prefer new launches? Seeing some listings slightly higher than my purchase price, around 50L, but not sure if that's real appreciation or just optimistic asking. What's the liquidity like here for investors trying to exit in 5-7 years? Any first-hand experiences?
₹88.94 L for Mahaveer Carnation vs ₹41.20 L for GR Gardenia — this price difference isn't just about carpet area, right? I work in real estate, but for my own buy, total cost of ownership matters a lot. What about stamp duty, registration, and other hidden charges in both? Also, for 5-year appreciation, kaunsa project better investment hai? GR Gardenia value for money lag raha hai, but Mahaveer Carnation ki location ka kya?
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