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Ishan Patel
posted on 14 MayHigh Rental Yield: What's the real ground truth?
Budget finalised, loan pre-approved – now stuck. I'm eyeing the High Rental Yield corridor for a 3BHK, around ₹80L-1.5Cr. Which projects offer the best deal for a first-time buyer? Any experiences or advice?
#3bhk-gurgaon#high-rental-yield#first-time-buyer#project-comparison#gurgaon-real-estate
Comments
Gurugram market mein abhi supply bahut hai, especially in these new corridors like Basai and Baliawas. Builders are launching projects left, right, and center. This oversupply can definitely impact your rental income stability and also future appreciation. Do your research on vacancy rates and future development plans before committing.
But what about the actual rent? Are people really getting 30-40k for a 3BHK in these emerging areas?
I bought a 3BHK in Badshahpur two years ago, in a project called 'Grand Towers'. RERA ID is HRERA-XXXX-2020. My budget was around 90L. Rental yield is just okay, about 3% net after expenses. Appreciation has been slow, maybe 10-12% in two years. I'm regretting not putting that money in a slightly more developed area, even if it meant a smaller unit. Rental income alone won't cover your EMI.
High Rental Yield corridor is mostly a marketing gimmick, especially for first-time buyers looking at appreciation. Builders inflate rental expectations to sell units, but ground reality is different. Most of these projects are far from established social infrastructure, so finding good tenants at high rents is tough. Plus, the initial years are always about capital appreciation, not just rent. Don't fall for shiny brochures.
Exactly! The problem is the hefty maintenance charges and property taxes eat into the rent. Plus, finding good, reliable tenants jo time pe rent dein aur property kharab na karein, that's a whole different headache. Many projects in new areas have high vacancy rates too.
So what's the alternative then? Should we just look for ready-to-move for self-use only? Investment ka option toh aise mein risky lag raha hai.
Totally agree with this. Mera bhai ne Baharampur Naya mein ek project liya tha, promise kiya tha 4% yield, but he's barely getting 2.5% after all deductions. Finding tenants is a nightmare, they keep vacating. Ab to soch raha hai bech de, but market mein buyers bhi kam hain. Bahut badi galti ho gayi usse.
Bhai, exactly my situation! Loan pre-approved, ab bas property dhundh raha hoon. Agent log toh bahot projects suggest kar rahe hain High Rental Yield corridor mein, especially near Dwarka Expressway. Confused hoon ki kispe trust karu. Koi solid experience hai kya kisi ka?
Airport Road ka connectivity toh acha hai, no doubt. Lekin 35-40k rent for 1.2 Cr property, that's barely 3-4% yield. Maintenance charges aur property tax nikal ke toh aur kam ho jayega. Amenities ka kya scene hai wahan?
Greenview Residency? Uska possession date kaafi delayed hai. Mere ek colleague ne wahan book kiya tha 2 saal pehle, abhi tak phasa hua hai. Builder ne har baar nayi date de di hai.
Haan yaar, same here. Mujhe bhi ek project ka naam suggest kiya hai, 'Greenview Residency' karke, Airport Road ke paas. Bol rahe hain 3BHK ka rent 35-40k tak mil jaega. Price toh 1.2 Cr bol rahe hain, reasonable hai kya for that area?