N
Nazia Ali
posted on 7 MayOakwood At The Prestige City: Actual ROI?
What's the real capital appreciation for Oakwood At The Prestige City since pre-launch? I just took possession of my unit and am curious about the actual ROI potential. Anyone getting good rental yields there currently? How liquid is the secondary market for resale? Need to plan my exit strategy.
#capital-appreciation#rental-yield#resale-value#oakwood-prestige-city#investor
Comments
Dekho, Oakwood At The Prestige City is a premium project with 1700 units. If it's a long-term investment (like 10-15 years), appreciation will eventually come, especially given Prestige's brand. But for an 'exit strategy' and 'actual ROI' so early on, with possession so far away, it's a huge gamble. The secondary market is always illiquid for under-construction projects, and rental yields are a distant dream. My advice would be to clarify the possession status first. If you truly have possession of a unit *now*, it's not the Oakwood everyone else is talking about. What did you finally decide, OP?
Leaving aside the possession confusion for a moment, let's talk about the potential. Are there any other phases of Prestige City or similar high-end projects in the Ghaziabad area, maybe near Abhay Khand, that are giving good rental yields *now*? I'm trying to gauge the overall rental market for these premium townships. What kind of rent are people getting for a 2BHK or 3BHK there?
Sahi baat hai. I had a similar experience with another Prestige project nearby, though not Oakwood. Pre-launch mein rates bahut attractive lage the, but delays ne mind kharab kar diya. Plus, the appreciation isn't as stellar as promised. For Oakwood, with its RERA UPRERAPRJ986134/04/2025 and 2029 possession, you're looking at a long-term play. Short-term exit strategy will be tough unless you find a desperate buyer. Even in areas like Ahinsa Khand II, the market is more buyer-friendly now.
Builder delays are the worst! It totally messes up your financial planning. 2029 is still so far, by then interest rates might fluctuate so much. This is why I'm so nervous about booking anything right now.
Yes, U5 is right. The RERA for Oakwood confirms the possession date is 2029-11-27. OP, you might have confused it with another builder or project. It's crucial to cross-verify these details to avoid future stress, especially for first-time buyers like us.
U5, aapka kitna appreciation hua tha us project mein? Percentages mein batao na.
ROI for Oakwood? Abhi toh project ka foundation bhi theek se nahi bana yaar! Current market mein toh Ghaziabad mein hi thodi slowdown hai. Rental yields bhi bahut high expect mat karo, especially for a property that's not even ready. Secondary market liquidity will be an issue till possession for sure.
Bhai, you just took possession of Oakwood? Are you sure it's the one in Prestige City with RERA UPRERAPRJ986134/04/2025? Because uska possession date toh 2029-11-27 hai. Maybe you're talking about a different phase? Confused, because I was looking at booking there, but the timeline seems too long for immediate possession. Kya scene hai?
Haan, seems like a mix-up. For a project with such a distant possession, talking about immediate ROI and rental yields is premature. The prices are already high, ₹1.5 Cr – ₹7.5 Cr. Budget-conscious buyers like me are really worried about appreciation over such a long hold period.
Exactly! I thought the same. Either OP has super-fast forwarded time or there's some misunderstanding. The project is still very much ongoing.