J
Jay Shah
Luxury Floors Gee Aar investors, what's your ROI experience?
Honestly, I'm finding it tough to gauge the real investment potential of completed projects in Gurugram. For Luxury Floors Gee Aar, priced at ₹6.50 Cr, has anyone seen solid capital appreciation since its completion? What's the realistic rental yield here, especially for the 3BHK units? I'm trying to figure out if it actually fetches good rent. Also, is there a decent resale market for these floors? Worried about liquidity if I need to exit in 5-7 years. Any first-hand experiences or insights would be super helpful.
#luxury-floors-gee-aar#gurugram-investment#capital-appreciation#rental-yield#resale-potential
Comments
The original poster's concern about liquidity is very valid. Only 4 units means a very niche market. If I need to exit in 5-7 years, will there even be enough buyers for such a specific, high-ticket property? That's what scares me the most about these exclusive projects. What if there's no one to buy it when I need to sell?
Honestly, for Gee Aar, the capital appreciation post-completion hasn't been stellar from what I've heard in my network. Most of the appreciation happened pre-completion. Now, with the market being a bit slow in certain pockets of Gurugram, especially for ultra-luxury segments, finding a buyer quickly at a good premium might be tough. I was looking at a similar property in Basai a few months back and decided against it for the same reason.
So, is it generally a bad idea to invest in completed luxury floors in Gurugram right now if liquidity is a concern?
My cousin bought a 'luxury' floor in a different project near Baliawas last year for almost this price and is struggling to rent it out at the expected yield. He's getting maybe 1.5-2% gross, which is terrible for the capital blocked. Resale ke liye bhi koi serious buyer nahi mil raha. He's regretting not going for a smaller, more liquid asset.
Haan, you're right. The Gurugram market for these high-value independent floors is saturated now. Post-completion, the real appreciation comes from infrastructure development around it, which is already priced in for most completed projects. It's not like the early days of Golf Course Road extension.
6.5 crore is too much for a first-time buyer. Bahut risky deal lag raha hai. I'd rather look at something in Badshahpur or Baharampur Naya for much less.
Exactly my thoughts! I've been eyeing properties in Gurugram too, but this price point for Gee Aar floors is making me nervous. Has anyone actually bought one of these at ₹6.5 Cr? What's the maintenance like for such a property?
Yaar, ₹6.5 Cr for a luxury floor, that's a huge amount for a first-time investor like me. The original post is spot on, capital appreciation aur rental yield ka real picture kya hai? Gurgaon mein itne options hain, is this Gee Aar project actually worth it? Thoda darr lag raha hai ki kahin paisa fas na jaaye, especially with only 4 units. Liquidity ka issue bahut serious hai.
Sahi baat hai. Gee Aar ka track record kaisa hai, any idea? Builder ka reputation bhi matter karta hai for resale.
Totally agree. These 'luxury floors' sometimes just mean a bigger apartment with a fancy name, not necessarily better returns. For ₹6.5 Cr, you'd expect a solid rental income, but Gurugram mein rental market bhi kaafi competitive hai, especially in areas like near Airport Road. Finding a tenant for such a high-value property takes time.