Z
Zoya Khan
posted on 13 MayInvestor-heavy Ansal Aastha: Resale nightmare ahead?
Is Ansal Aastha Mig Zone Rajkot just an investor hub? I'm finally done renting, want to put my money somewhere smart, around ₹30L for a 2BHK. But I'm worried about the investor ratio here. Will it be a ghost society with no end-users? And what's the actual exit strategy? Who's buying these flats in 5-7 years, really? Not sure if the resale market for investor-heavy projects is liquid enough in Rajkot. Any thoughts on long-term appreciation potential if it's mostly investors?
#ansal-aastha#rajkot-investment#resale-potential#investor-ratio#exit-strategy
Comments
My gut feeling says stay away from such projects if you're an end-user. Resale will be tough, and finding a buyer in 5-7 years might be a nightmare if it's still investor-driven. Better to find a more established society.
I'm looking in the same budget range for a 2BHK. What about the actual build quality? Has anyone seen the interiors or visited after possession? Sometimes investor projects cut corners on finishings, and I don't want to compromise on quality.
True, build quality is crucial. Don't want to spend on repairs after moving in. That's money down the drain.
My broker showed me some pics. Finishings looked okay, but you can't tell much from photos. I'm more worried about water supply and common area maintenance. Rajkot mein pani ka issue rehta hai sometimes in new societies if proper planning isn't done. That's a bigger headache than aesthetics.
I actually visited Ansal Aastha last year. The flats are completed, possession was given in June 2022. The price point (29-30L for a 2BHK) is decent for Rajkot, especially considering the completion status. Investors often buy for rental income too, not just resale. So maybe it won't be a ghost town? What about the amenities, are they functional and well-maintained?
Exactly! Community matters a lot for family living. Nahi toh, it just feels like a hotel.
The problem is, if it's mostly investors, then the residents who *do* move in often struggle with society management. No one takes ownership. I saw a similar situation near Krishna Kunj where the society funds were mismanaged for years because most owners were absentee landlords. Long-term appreciation is linked to a good community, not just brick and mortar. This is a big red flag for end-users.
Amenities are there but usage is low, I heard from a friend who checked it out. My cousin lives in a similar project in Ahmedabad, and the maintenance charges are high for facilities hardly used. Ye bhi ek concern hai for budget-conscious buyers like us.
My agent also pushed Ansal Aastha saying 'good investment potential'. But 'investment' usually means no actual families living there. Is the RERA ID UPRERAPRJ5670 for this specific project? Confirm karna hai, bhai, before even thinking of visiting.
Sahi baat hai, RERA se kya hoga if no one lives there! Ghost town ban jayega. Maintenance bhi kaun dekhega?
Haan, UPRERAPRJ5670 is correct for Ansal Aastha Mig Zone. But RERA just ensures completion, not community vibrancy. My friend bought near Krishna Kunj and is facing similar issues with a project where most units are rented out by absentee owners.
Totally agree with OP. Ansal Aastha is notorious for investor bookings, I've heard. I'm also looking around ₹30L, and this investor-heavy tag scares me. Don't want to live in a ghost society.