New projects in High Rental Yield are not worth the premium
₹95 lakh for a 3BHK in High Rental Yield corridor? Landlord ne rent badha diya phir se, I'm finally done renting. Ab bas apna ghar lena hai. I'm looking at ATS Dolce and Nirala Estate in Greater Noida for a 3BHK, budget ₹80L-1.5Cr. Both seem okay, but honestly, I'm confused about which offers better long-term value. Builder claims for rental yield often seem inflated; I found actual market rentals for Nirala Estate to be lower than what they quote. Is it better to go for an established society like ATS Dolce for potentially better construction quality, ya naya project like Nirala for modern amenities? Should I prioritize lower EMI or better resale value? Any ownership experience ya advice on which project is a better deal in this price range, considering actual ROI?
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Be very careful with new projects, especially if the builder is not very established. My friend invested in a project by Siwas Infra near Ajayabpur a few years back, lured by promises of great returns and early possession. Abhi tak possession nahi mila hai, aur project stuck pada hai. They keep giving new dates, aur ab toh lagta hai paisa phas gaya. Resale value toh door ki baat hai, investment hi atka hua hai. Quality bhi compromise karte hain sometimes to cut costs, so established builders like ATS might be a safer bet for construction quality, even if amenities are older.
Sahi keh rahe ho. I heard similar stories about projects around Alist
Builder delays are the worst. Mera bhi yahi darr hai.
Oh no! Siwas Infra ka project atka hua hai? That's really concerning. Can you share which specific project it was near Ajayabpur? This kind of info is gold for people like us trying to avoid pitfalls.
High rental yield is mostly a marketing gimmick, bhai. For first-time buyers like us, EMI aur resale value pe focus karna chahiye, not rent. What's the price difference between ATS Dolce and Nirala Estate for a similar 3BHK? That's what I'd be looking at.
Yaar, totally relate with you. ₹95 lakh for a 3BHK in a 'high rental yield' corridor sounds like a dream on paper, but the ground reality is something else. Builders always show these fancy projections, but when you check actual rents in nearby societies, they're nowhere close. I'm also done with renting, it feels like throwing money away every month. ATS Dolce sounds safer for quality, but Nirala's amenities are tempting. It's a tough call between peace of mind and modern living, especially when budget is tight.
Totally agree with your point about throwing money away on rent. When you say 'budget is tight', what's the absolute max you're willing to stretch for EMI? Sometimes a little extra can get you a lot more peace of mind regarding builder reputation.
Haan bhai, same experience. Builders ke numbers toh out of this world hote hain. Reality check bahut zaroori hai.