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Aarti Verma
Hardik Shiva Homes 2: Overpriced for investor returns
Hardik Shiva Homes 2 mein actual rental yield kitna mil raha hai? I took possession of my flat there just last month, ₹64L mein liya tha. Builder ka delivery track record toh sahi laga, no issues with handover. But ab rent pe dene ka soch raha hoon. Koi bata sakta hai kya is area mein 1BHK ka average rent kya hai? Honestly, not sure kitna mil payega. Resale market kitna liquid hai yahan? I'm thinking about long-term capital appreciation, but iska future kaisa lagta hai? Koi exit strategy pe advice de sakta hai? Worried about the investor ratio vs end-user mix, hope it's not a ghost society.
#hardik-shiva-homes-2#new-delhi-real-estate#rental-yield#resale-value#investor-perspective
Comments
Dekho, if your main goal was long-term capital appreciation, that's a different ball game. Rental yield in Delhi is generally low, around 2-3% net is common. For exit strategy, you might have to wait for a few years for the market to pick up, especially for a niche property like this. Don't panic yet, but set realistic expectations. Maybe try to find a corporate tenant?
I was looking at Hardik Shiva Homes 2 a while back too, but the price for a 1BHK put me off. Builder ka reputation accha hai for delivery, no doubt. But the RERA not required part and only 4 units made me nervous about future resale. Plus, the possession date was 2020-04-01, so it's already 3 years old now, which affects value.
To answer your question about rental yield, for a 1BHK at ₹64L, you'd need at least ₹25,000-₹30,000 rent per month to even hit a decent 4-5% gross yield. Have you checked what 1BHKs are going for in that specific micro-market? Sometimes areas have very different rent profiles.
Oh no, you got possession last month? That's good on the builder's part. But Hardik Shiva Homes 2 ka total units sirf 4 hain, right? Yeh toh almost individual house jaisa ho gaya. Ghost society toh nahi, but limited amenities ho sakte hain. Rental market for 1BHKs is competitive, especially now with so many people working from home.
Small projects can be tricky. My friend invested in a similar 6-unit building near Aram Bagh, and he's still struggling to find a good tenant after 8 months. Landlords are having to reduce rents to attract tenants in the current Delhi market.
Yes, only 4 units, that's what I heard too. For such a small project, resale liquidity will be a major concern. Kaun dekhega fir aisi property ko? Capital appreciation bhi mushkil lagta hai.
Bhai, Hardik Shiva Homes 2 mein ₹64L for a 1BHK in 2020? That sounds steep, especially for an investment. Kya aapne area ka average price check kiya tha tab? I'm looking near Alaknanda and even there, 1BHKs are hard to justify for rental returns.
Totally agree with U1. My cousin bought a 2BHK in Anand Vihar for slightly more, and that area has way better rental potential. 1BHKs are tough to rent out profitably at that price point in most Delhi localities.
Haan, the price seems high for a project with only 4 units. That's a very small society, it might impact resale value later. Iska RERA bhi nahi hai, toh thoda risk factor rehta hai.
Exactly! 64L for a 1BHK seems like a lot. Builder ka delivery track record acha ho sakta hai, but investment returns toh price point pe depend karte hain na. Rental yield calculate kiya tha booking se pehle?