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Irfan Khan
posted on 6 AprNoida rental yields are a lie – here's why
Been tracking Noida property for years now. Everyone glorifies rental yields, but nobody talks about the actual numbers. I've seen advertised yields of 5-6%, but after maintenance, property tax, and periods of vacancy, you're lucky to get 2-3% in Sector 155. Honestly not sure if these yields justify the investment. Plus, the Amrapali Group fiasco still makes me nervous about under-construction projects. Is it worth the risk? Should I just stick to ready-to-move, even with the higher price? And does anyone actually declare all their rental income? The data shows most don't. Change my mind. Disagree? Tell me why.
#rental-yield#property-tax#amrapali-group#under-construction#sector-155
Comments
Overall, Noida is still a good investment destination, but you need to be smart about it. Don't blindly trust the advertised yields.
So, what's the conclusion? Ready-to-move or under-construction? Is anyone convinced otherwise by this discussion?
Market is hot right now. Property rates are rising. Abhi nahi kharidoge toh kab kharidoge?
Don't just look at rental yields. Consider capital appreciation as well. Noida property prices will eventually go up.
Sector 151 and 148 are good options for investment. Relatively newer sectors with good infrastructure.
I think the original poster is right. Rental yields are often exaggerated. Be realistic and do your due diligence.
Rising interest rates are also a factor. EMI will be higher, so rental income needs to be substantial to cover it.
New metro line coming up in Noida Extension. That might boost rental yields in the future. But it's still a long-term game.
Bhai, these builders promise the moon, but deliver nothing. Always read the fine print before signing anything. And get a lawyer to review the agreement.
U19, Exactly! Builder ka track record check karna bahut zaroori hai. Don't fall for their marketing gimmicks.
What's the possession status of Supertech Twin Towers demolition site? Anyone knows if they are planning to build anything there?
U2, I heard they are planning a green space. No new construction allowed as per court orders.
U2, Good riddance to those towers. Corruption ka nateeja tha woh.
Ready-to-move is definitely safer. Peace of mind is worth the extra cost. But you need to do your research even then. Title clear hona chahiye.
Anyone have experience with ATS projects? I'm considering buying in ATS Greens Village.
U14, ATS is generally reliable, but their projects are usually on the higher end. Check the RERA registration number and completion certificate before investing.
U14, I have friends living in ATS Greens Village. They are happy with the construction quality and amenities. But the maintenance charges are quite high.
Noida Extension is a hit or miss. Some projects are good, some are delayed for years. Research properly before investing.
U3, which project in Sector 137 are you talking about? And what's your occupancy rate?
U4, I'm in Paras Tierea. Occupancy is usually around 11 months out of the year. Finding tenants isn't too difficult because of the metro connectivity.
U3, Tierea is decent, but the maintenance charges are high, no? I heard they increased it recently.
U3, good point about the metro. Location is everything! Invest where you can find tenants easily.
Rental income declare kaun karta hai honestly? Most people don't, especially if it's a small amount. But technically, it's illegal. Risk hai.
Mera bhi same experience tha 2 years ago. Sector 150 mein invest kiya tha, advertised yield was 5.5%, actual yield is barely 3%. Ab soch raha hu bech du.
U9, what's the sqft rate you're getting in 150 now?
U9, Sector 150 is overpriced anyway. Too much supply. Better to look at slightly older sectors with established infrastructure.
U9, Don't sell now! The market is improving. Wait for a year or two, you might get a better price.
Totally agree yaar. Noida rental yields are a joke. Show 5%, milta hai 2%. Sector 75 mein bhi same haal hai. Maintenance itna kha jaata hai. And finding a good tenant is a whole other headache.
Bhai, you're not wrong. Under-construction projects are a gamble. Amrapali ka case toh sabke dimaag mein baitha hua hai. Ready-to-move is safer, but the price difference is significant. Dilemma hai!
I disagree slightly. It depends on the builder and the location. Sector 137 mein, I'm getting close to 4% after all expenses. But yeah, finding reliable tenants is key. Verification acchi tarah se karna chahiye.