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Priyanka Sen
posted on 29 MarIs Noida’s rental yield reality as bad as people say?
Sector 127 keeps popping up, but honestly not sure if the rental yields advertised are even achievable. I'm selling my big house because the kids have moved out, and I want something manageable, like a 2BHK in a good society with an elevator and low maintenance. Resale of existing property is key. Everyone glorifies Noida's appreciation potential, but nobody talks about the actual rental income. I'm trying to decide if buying in Metropark is smart, considering the resale value and proximity to hospitals is good. Is it worth it if the returns are low? I've heard horror stories about advertised yields being way off. Change my mind. Disagree? Tell me why.
#rental-yield#noida#sector-127#metropark#resale
Comments
Ultimately, it depends on your risk appetite and investment goals. Rental income vs. appreciation potential – choose what's more important to you.
So, what did you decide? Are you going ahead with Metropark?
My uncle invested in a commercial property in Sector 18. The rental yield is definitely better, but finding good tenants is a challenge.
Anyone knows about ATS Village? Is it a good investment for rental income?
ATS is a good brand, but the society is quite old. Check the maintenance costs and the condition of the apartments.
I'm also looking to sell my house and buy a smaller apartment for rental income. This thread is very helpful! Thanks everyone.
The new metro line extension will definitely impact property prices and rental yields in the long run. Keep that in mind.
What's the going rate for a 2BHK in Metropark these days? And what's the maintenance charge?
Last I checked, around 70-80 lakhs for a decent 2BHK. Maintenance is around Rs. 3-4 per sqft.
Don't forget to factor in the rising interest rates! Home loans are getting more expensive. Affects your overall return on investment.
RERA registration number check karo before investing anywhere. At least you'll know if the project is legit.
I think Metropark is a good choice if you prioritize convenience and resale value over rental yield. Think long term.
My parents are facing the same dilemma! They're selling their house in Sector 50 and want to buy a 2BHK for rental income. We're looking at Sector 7x and 1xx. Any suggestions?
Sector 7x is good, but check the builder's reputation. Some are notorious for delays.
Sector 1xx is a broad area. Specific sector batao. Some are better than others.
Honestly, Noida's appreciation potential is way better than the rental yield. If you're looking for pure income, maybe consider Ghaziabad or Faridabad.
Ghaziabad is a good option, but the tenants can be a headache sometimes.
I bought a 2BHK in Sector 78 three years ago. Advertised yield was 4%, I'm barely getting 2.5%. Tenants keep negotiating the rent down. It's frustrating.
Has anyone looked into commercial property? Shops or office spaces? Might be a better rental yield than residential.
Yields are a joke. I bought in Paras Tierea thinking I'd get good returns. Turns out, so many apartments are vacant. Competition is crazy.
Don't just look at the advertised yield. Calculate the actual expenses. Maintenance, property tax, vacancy periods... it all adds up. And don't forget the agent commission!
Metropark ki location is unbeatable. Hospitals, markets, everything is nearby. But yeah, rental yield might be lower. Have you considered a smaller apartment in a prime location instead of a bigger one further out?
Totally understand your situation! Sector 127 mein advertised yields are usually inflated. They'll tell you 4-5%, but realistically, you'll be lucky to get 2-3% after maintenance and everything. Metropark is decent, but consider the age of the construction. Purani building hai, maintenance costs can be high.
Bhai, resale is key. Metropark is good for hospitals, but rental yield... hmm. I'd say look at newer sectors like 150 or 143B. Thoda door hai, but better rental potential and newer construction.
I agree with U2. Sector 150 is booming. My friend just rented out his 2BHK for 25k. Metropark might give you 18-20k max.
Haan, but 150 is far from everything. Depends on your tenants. Families prefer closer to schools and markets like Metropark.
25k in 150? Which society? That seems high.