J
Jyoti Gupta
NRI trying to invest in Gurgaon — need ground truth on Ashley Estate
Since last year I've been shortlisting properties in Gurgaon from Dubai. Ashley Estate Floor 1 mein interested hoon. Completed project hai, but I can't do a site inspection myself. Kya kisi ko idea hai actual rental yield kitna mil raha hai wahan? Matlab, after all expenses, net kitna aata hai? Also, what's the resale market like for Ashley Estate? Is it liquid enough? Don't want to get stuck if I need to exit in 5-7 years. And investor vs end-user ratio kya hai? Ghost society ka risk toh nahi?
#gurgaon#ashley-estate#rental-yield#resale-value#nri-investment
Comments
The fact that it's RERA Not Applicable is a huge red flag for me. Even if it's a completed project (possession date 2023-06-01), the lack
Yaar, 4 units matlab almost an individual house. RERA applicable nahi hai toh transparency ka issue ho sakta hai.
NRI bhaisahab, aapki dilemma samjh sakta hoon. Gurgaon mein aise 'exclusive' projects bahut hain, but the real challenge is liquidity. Ashley Estate, with just 4 units, sounds like it could easily become a 'ghost society' if not enough end-users move in. For rental yield, I've heard similar projects near Airport Road struggle to get stable tenants, especially for such high-value properties. Net rental yield after maintenance, property tax, and potential vacancy periods can be quite low, maybe 2-3% at best in this segment. Resale market will depend heavily on finding another niche buyer.
Ghost society risk toh real hai. For 3.1 Cr, I'd rather buy into a bigger, established society near Golf Course Ext. Road or even Basai. At least there's a community and amenities.
Bhai, 3.1 Cr for a floor with only 4 units total? Sounds very niche. I'm also a first-time buyer looking in Gurgaon, and this price point for such a limited inventory seems super risky for resale. Rental yield bhi tabhi achha milega jab property liquid ho. Kya aapne builder ka background check kiya hai?
Sahi kaha, bhai. Builder ka naam toh pata chale pehle. Mera friend Badshahpur mein ek builder floor mein phasa hai, RERA nahi tha usme.