S
Siddharth Jadhav
MMR The Orabella: Finished projects have no ROI left, right?
Budget finalised, loan pre-approved — now stuck on which project. I'm looking at MMR The Orabella in Noida for investment. I heard it's completed, which is good for quick rental income. But I'm wondering about the actual rental yield. Kya rate chal raha hai wahan for a 2BHK? Also, since it's completed, capital appreciation ke chances kitne hain? Not sure if pre-launch se already bahut upar chala gaya hai price. My parents keep saying completed projects don't give much upside. Aur resale market kaisa hai wahan? Is it liquid? Matlab, if I want to exit in 5-7 years, will it be easy to find a buyer? Any tips on checking real rental agreements instead of broker claims?
#mmr-orabella#noida-investment#rental-yield#capital-appreciation#resale-potential
Comments
Listen, if your main goal is investment with good capital appreciation, a completed project like Orabella might not be your best bet. The initial price jumps are gone. What you're left with is market-driven growth, which is slow and steady. If you want quick appreciation, you need to take risks with under-construction projects from reputed builders. For Orabella, it's more about stable rental income and less worry about delays. It's a trade-off. Don't expect miracles on appreciation here.
That's the million-dollar question, isn't it? I think for a first-time buyer, a completed project offers peace of mind even if the appreciation is slower. The current market conditions in Noida mean even under-construction projects aren't guaranteed huge appreciation anymore.
Haan, but under-construction mein builder bhag gaya toh? Or delay ho gaya 5 saal? My friend booked in Alistonia Estate and is still waiting after 7 years. Orabella at least gives you immediate possession. What's more important, immediate rent or potential appreciation?
This is exactly what my uncle told me. He said completed projects are good for end-use, but for investment, the 'low hanging fruit' is already picked. It makes me so nervous.
I'm in a similar boat. My agent showed me a unit in The Orabella, and he was quoting 16k for a semi-furnished 2BHK. But then I checked with a friend who lives nearby in Ajayabpur, and he said his society's 2BHKs are going for 13-14k. So, brokers inflate things. The RERA number is UPRERAPRJ7156, you can verify everything there. The resale market might not be super liquid right now because the overall Noida market is a bit slow for resales, especially for smaller projects. It's not like the boom we saw a few years back.
Yaar, I visited MMR The Orabella last month. Units look good, and the total units are 150, so it's not a massive society. Price range is ₹38 L – ₹83 L, which seems competitive for a completed project near Alpha I Greater Noida, but a bit on the higher side for pure investment if you're expecting huge returns. For a 2BHK, you might find something in the 45-55L range. Capital appreciation for completed projects is slower, but it's also less risky. You know what you're getting.
That price range sounds okay, but the rental yield U4 mentioned is low. Maybe look at areas closer to commercial hubs like Alpha-II Commercial Belt for better rental demand?
Alpha I ke paas hai toh connectivity achhi hogi. But 45-55L for a 2BHK and 12-15k rent? That's barely 3-4% rental yield. Is that even worth it?
Bhai, MMR The Orabella is definitely completed, possession was given in Dec 2020. That's a plus for immediate rental. But regarding appreciation, your parents might have a point. Most of the capital gains happen during the construction phase. Once it's ready, the big jumps are rare unless there's some major infrastructure development nearby. For rental agreements, always insist on seeing the previous tenant's electricity bills and maintenance receipts. That gives a clearer picture than just the agreement itself.
Agreed, electricity bills are a good reality check. For Orabella, I heard 2BHKs are getting around 12-15k, depending on furnishing and floor. But demand for rent is good in that sector.
That's a smart tip about electricity bills! Never thought of that. I'm also looking at completed projects for the same reason, the uncertainty of under-construction ones is too much. But the capital appreciation part worries me.