S
Suresh Menon
Panchsheel Prime 390 Phase 2 resale value is lagging
Panchsheel Prime 390 Phase 2 ki current resale value, from my experience, isn't reflecting its completed status. A unit at ₹1.25 Cr, after all charges, seems a bit high for the expected capital appreciation in the next 3-5 years. What's the realistic ROI? Online rental yield data for a 3 BHK wahan ka seems inflated. What's the actual ground reality for monthly rent? Is the secondary market active enough for a decent exit strategy, or will it be tough to offload later? I've seen this pattern with many completed projects.
#ghaziabad#panchsheel-prime-390#investment#resale-value#rental-yield
Comments
It's a tough call. On one hand, a completed project means no construction risk and immediate possession, which is a big plus for first-time buyers. On the other hand, the pricing at ₹1.3 Cr for 390 units means a lot of inventory, and if the secondary market isn't liquid, you could be stuck. What kind of unit are you all looking at – 2BHK or 3BHK? Maybe smaller units have better liquidity?
Yehi problem hai bhai. Builders often inflate prices once a project is completed, thinking buyers will pay a premium just to avoid construction delays. But the actual market value and appreciation potential don't always align. I saw similar trends in some projects near Abhay Khand where prices shot up post-completion but then stagnated for years because the demand wasn't there at that price point. Always look at the per sqft rate compared to similar, truly established societies.
The project has 390 units, right? UPRERAPRJ8678. Does anyone know the current occupancy rate? If many units are still empty, that's a red flag for both rentals and future resale value. Less demand, more supply in secondary market.
My friend bought in a nearby completed project, not Panchsheel, but same area. He's struggling with high maintenance charges and the society isn't even fully occupied. Plus, when he tried to rent out his 2BHK, the rental yield was nowhere near what was promised. Ended up getting almost 20% less than the 'online data'.
U6, I spoke to a local broker in Ghaziabad, and he said the rental market is decent, but not booming. For a 3BHK, you're probably looking at ₹20k-25k max, not the ₹30k+ some sites claim. Plus, the overall Ghaziabad market for capital appreciation has been slow for the last couple of years, so don't expect miracles.
Kisi ke paas actual rental figures hain kya Panchsheel Prime 390 Phase 2 ke liye? Especially for a 3BHK?
Totally agree with the original post! I've been tracking Panchsheel Prime 390 Phase 2 too, and the ₹1.3 Cr price tag for a 3BHK, even after completion, feels steep. My agent keeps pushing it, saying 'completed project hai, jaldi le lo,' but the numbers just don't add up for a good appreciation. Lagta hai developers ne apna profit margin already build kar diya hai ismein.
It's so confusing! Ek taraf lagta hai le lena chahiye before prices go up, doosri taraf darr lagta hai ki itna paisa phans na jaaye. First time buyer ke liye yeh sab bahut overwhelming hai.
U2, builder ka track record mixed hai. Phase 1 toh theek tha, but for Phase 2, they initially had some RERA issues, which is why it got delayed a bit. UPRERAPRJ8678 is the RERA number, you can check. I was looking at a similar property in Ahinsa Khand 1 and the pricing there was more realistic for the expected growth. Here, it feels like they're banking purely on the 'completed' status.
Haan bhai, same feeling! Builder ka reputation kaisa hai waise? Kabhi suna hai ki delivery mein problem aayi ho ya quality issues?