G
Gaurav Bhatia
posted on 12 MayGurgaon rents: The real landlord perspective?
Sector 37D — rental yields are confusing. I'm in a 2BHK, considering a 3BHK. Rents shot up 30-40% in two years. Is this sustainable? What are landlords seeing now?
#rental-yield#gurgaon-rents#sector-37d#landlord-perspective#investment
Comments
So, is this rent hike a good sign for potential investors, assuming property values will also appreciate? Or is it a temporary spike that will normalize, making current high rental yields unsustainable in the long run for landlords?
Haan, exactly. Agar main abhi property kharidta hoon, toh kya mujhe bhi same high rent milega agar main usko rent out karoon? Ya tab tak market thanda ho jaayega?
That's the million-dollar question, U5. Some experts say it's a correction after stagnant years, others call it a bubble. For investors, high rental yield today looks good, but if property values don't keep up, ya fir rents fall, toh it's risky. Right now, Gurugram ka market thoda unpredictable hai.
I'm a first-time buyer too, and this rental situation is terrifying. I've been looking for a 2BHK in Sector 37D for my family for months. The prices quoted by brokers are insane, sometimes even for semi-furnished flats. I even saw a 2BHK that was 25k two years back, now listed at 36k. It's making me reconsider if buying now is even worth it, with such high EMIs and no guarantee of good rental yield if I ever decide to rent it out in the future.
Lagta hai landlords ki taraf se 'perspective' kam, aur 'greed' zyada hai. 30-40% increase is not normal, it's speculative. They're just cashing in on the current demand, but this bubble might burst eventually. Kya unhone apni property mein 40% value add kiya hai pichle do saalon mein?
Bhai, market forces hain. Agar itna demand hai toh price badhega hi. Landlords toh apna investment recover kar rahe hain. Simple economics.
Sahi baat hai, U3. Aur upar se broker commission aur maintenance charges alag se. Hum toh bas pay karte reh jaate hain.
Totally agree with the original post. Meri bhi phati padi hai. I booked a flat in a new project near Baharampur Naya two years ago, thinking I'd move in soon. Abhi tak possession nahi mila aur rents itne badh gaye hain ki meri budget hil gayi hai. Pehle 20k mein achha 2BHK mil jaata tha, ab 30k mein bhi mushkil hai. Landlords toh mauj le rahe hain, humara kya hoga?
Yaar, Sector 37D ke rents sunkar toh dimaag ghoom gaya hai. Main bhi first-time buyer hoon aur soch raha tha ki 2BHK se 3BHK mein upgrade karoon, but 30-40% hike in two years? Is this even sustainable for us tenants? Landlords sach mein kya soch rahe hain, itna rent badha ke?
Exactly. Demand-supply ka game hai pura. Jab tak logon ko job ke liye Gurgaon aana padega, aur new projects delay hote rahenge, tab tak rents upar hi jaayenge. Hum jaise first-time buyers ke liye toh double maar hai.
Dekho, sustainability toh market demand par depend karti hai. Gurugram mein corporate influx aur infrastructure development ki wajah se demand high hai. Landlords bhi apni EMI aur property value appreciation dekh kar rent set karte hain. Agar tenants pay karne ko ready hain, toh why not? This is just how the market works right now, especially near the Airport Road side.
Sahi keh rahe ho bhai! Same experience. Badshahpur side bhi yahi haal hai. Builders ne possession delay kar diya, toh log rental market mein hi phase hain, aur landlord iska faayda utha rahe hain. Bahut mushkil ho rahi hai budget mein kuch dhang ka dhoondhne mein.