Mahaveer Carnation: Is long-term ROI still possible?
Been looking for investment properties in Bengaluru for months now from Dubai. It's tough not being on the ground, relies so much on community insights. I'm specifically looking at Mahaveer Carnation, the completed project. Price range seems okay, but I'm trying to gauge its investor potential. What's the actual capital appreciation been like since its launch? I heard it's completed, so wondering if there's still much upside or if the appreciation has mostly happened already. More importantly, what's a realistic rental yield one can expect there? I'd need a property manager, so factor that in. Also, thinking long-term, how liquid is the resale market for Mahaveer Carnation? Will it be easy to offload in 5-7 years if needed? Any experience with the builder's track record for older projects would also help. Just want to make sure it's a solid, low-headache investment.
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