M
Meera Khanna
Green Valley Affordable Livings: resale potential is a myth?
New Delhi real estate... I'm based in Dubai and trying to find a good investment back home. Green Valley Affordable Livings, completed project hai, price point sahi lag raha. But I'm really worried about the rental yield reality. Kya actual mein kuch decent mil jaata hai wahan se, ya bas numbers pe acha lagta hai? My biggest concern is resale market liquidity – will I find buyers easily in 5-7 years, ya phir atka rahoonga? Matlab, is it mostly investors vahan, or end-users bhi hain? Ghost society toh nahi ban jaayegi? Can't do a site inspection myself, so community ka ground truth chahiye. Legal clarity pe bhi thoda doubt hai, any red flags?
#green-valley#new-delhi#investor-nri#resale-value#rental-yield
Comments
Dekho, 7 units ka project niche market ke liye ho sakta hai. Maybe for someone looking for a very specific, quiet setup. But as an investment for resale in 5-7 years, with liquidity in mind, it's a huge gamble. Rental yield agar mil bhi jaaye toh exit strategy ka kya? OP, aapne kya decision liya finally?
Original poster ka legal clarity ka sawaal bahut important hai. RERA Not Required ka matlab hai ki project area 500 sq m se kam hai ya units 8 se kam hain. Yahan 7 units hain toh valid hai. But iska matlab ye nahi ki sab clear hai. Possession date 2020 hai, toh abhi tak ka maintenance, society formation ka kya scene hai? New Delhi market mein abhi bhi chote projects mein demand kam hai, especially after COVID. Koi batao current legal status kya hai iss project ka?
Maintenance ka point bahut valid hai. 7 units mein society ka fund collect karna, security manage karna, common amenities maintain karna... it becomes a nightmare. Mere relative ne Ansal Villas mein ek plot liya tha, wahan bhi chote clusters mein similar issues aaye the. Agar end-user nahi hai toh maintenance cost investor ko hi bear karni padti hai, cutting into rental yields. So, legal clarity ke saath-saath operational clarity bhi important hai.
Sahi kaha, RERA exempt hone ka matlab ye nahi ki risk free hai. Chote projects mein often documentation clear nahi hoti. Maine suna hai Green Valley ke projects mein completion certificates ka issue raha hai pehle. Builder ka naam toh 'Green Valley Developers' hi hai, but unke past record ache nahi hain.
Legal clarity pe meri bhi doubt hai. Builder ka track record kaisa hai, kisi ko pata hai?
Bhai, meri kahani suno. Maine bhi 2 saal pehle ek chhota sa project liya tha Alaknanda mein, similar units count tha. Rental toh mil gaya thoda bohot, but jab bechne nikla, koi buyer hi nahi mila. Investors ko bade projects chahiye hote hain, end-users ko amenities. 7 units mein kaun invest karega ya rahega? Rehna bhi hai toh society ka feel nahi aata. Resale liquidity will be a huge problem. Mera paisa almost atka hua hai.
Main toh soch raha tha price point (₹32L – ₹70L) sahi hai for a completed project. But point valid hai, 7 units toh bahut kam hain. OP ne rental yield pucha hai, kisi ko idea hai kya actual mein kitna milta hai wahan? Kahi sirf paper pe hi acha na ho.
Yaar, 'Green Valley Affordable Livings' naam sunke hi thoda doubt ho raha hai, especially for New Delhi. 7 units ka project hai, RERA bhi 'Not Required' likha hai. Resale mein toh banda phans hi jaayega aise mein. Dubai se invest karna hai toh kuch proper RERA registered project dekho.
Haan, aur Dubai se invest kar rahe ho toh physical verification mushkil hai. Chote projects mein builder reputation bahut matter karta hai.
Totally agree. 7 units mein kaun invest karega? Ghost society banne ke chances high hain.