Is Antriksh Overseas Apartments a good investment now?
The resale market for completed projects in Greater Noida feels tricky right now. I'm based in Dubai and looking at The Antriksh Overseas Apartments for investment, priced 1.35-2 Cr. What's the actual rental yield people are getting there? Has its capital appreciation been good since launch? I can't do a site inspection myself, so worried about liquidity and the investor-to-end-user ratio. Don't want a ghost society. Is it easy to find a property manager and handle things via PoA for this project? Any long-term wealth creation thoughts?
Comments
Bhai, Antriksh Overseas 2006 ka project hai, almost 18 saal purana. Aur sabse bada red flag, RERA registered nahi hai. Aap Dubai se dekh rahe ho, site visit nahi kar sakte, toh aur risky ho jata hai. Capital appreciation toh tab hogi jab project legal ho aur demand ho. Iska liquidity bohot low hoga, especially with no RERA. I'd be super cautious. Ghost society ka darr toh genuine hai, aisi purani unregistered properties mein.