V
Vijay Malhotra
Paramount Luxury Floors 25: Meri ROI calculations galat hain kya?
Mohali mein luxury builder floors ka ROI samajh nahi aa raha. Fed up of renting, so finally looking to invest in property for long-term wealth creation. Paramount Luxury Builder Floors 25 dekh raha hoon, it's completed, but ₹3.50 Cr ka price tag hai. Isme actual rental yield kitna nikal sakta hai, koi idea? I'm hoping for some decent capital appreciation over 5 years. Resale market kaisi hai for such high-value properties in Mohali? Matlab, agar 5-7 saal baad exit karna ho, toh liquidity issues toh nahi aayenge? Builder ka track record toh sahi lag raha hai, but I need real-world insights on the appreciation potential for a completed project at this price point. Anyone already invested here or nearby? Kya aapko lagta hai it's a good bet?
#roi#capital-appreciation#resale-value#luxury-property#mohali-real-estate
Comments
To U4: Generally, for residential properties in India, anything above 3% rental yield is considered decent, but for luxury segments, it often dips to 2-2.5%. The main play is usually capital appreciation. The current market conditions, especially post-pandemic, have seen a surge in demand for larger homes, but that's mostly for ready-to-move-in flats or plots. For a 3.5 Cr luxury floor, you need a very specific tenant profile, and they are not always easy to find or retain. Have you checked the average rents for similar properties in Mohali?
Meri calculations bhi galat lagti hain jab mai luxury floors dekhta hoon. For 3.5 Cr, you can get a really good, bigger plot in a developing area and build something yourself in 5 years. Mohali has grown, no doubt, but the appreciation curve for already completed, high-ticket luxury items often flattens out faster than for plots or under-construction projects in upcoming areas. For a 5-year horizon, I'd rather look at land. Just my two cents.
I actually visited Paramount Luxury Floors 25 last month. The finishings are good, no doubt, but 4 units only? That's super exclusive. For capital appreciation, you need demand, and for such niche, high-priced inventory, the buyer pool is very small. My agent said something similar happened with a project near Airport Road in Gurgaon, where resale became tough for ultra-luxury independent floors.
Thanks for sharing your visit experience! This '4 units' detail is crucial. It means the market for these specific floors is extremely thin. I'm also looking for appreciation, but this limited inventory sounds risky for future resale. What about the builder's reputation for delivery and quality, was that good?
Only 4 units? Wow, that's a red flag for me. Less inventory means less market data points for resale. Plus, if one owner suddenly needs to sell fast, it can depress prices for everyone else. This is making me think twice about luxury segments.
Bhai, 3.5 Cr for a completed luxury floor in Mohali? That's a huge amount. I was looking at something similar near Aerocity, and even there, the prices are touching 2.5 Cr for something decent. For Mohali, a 3.5 Cr tag seems a bit steep for a first-time investor, especially if you're worried about liquidity. Rental yield will probably be in the 2-3% range, max, for that kind of ticket size.
2-3% seems low. Isn't the general rule of thumb that rental yield should be at least 4% to make sense? I'm new to this, so just trying to understand. What would be a 'good' rental yield for a 3.5 Cr property?
Haan, exactly! 2-3% rental yield is barely covering maintenance and property tax. And if you factor in the loan interest, it's a negative cash flow situation. I'm also a first-time buyer and this number just makes me nervous. Liquidity is a real concern for high-value properties outside of major metro cores. Mohali ka market Thoda different hai na?
Mohali mein luxury builder floors ka ROI samajh nahi aa raha. Fed up of renting, so finally looking to invest in property for long-term wealth creation. Paramount Luxury Builder Floors 25 dekh raha hoon, it's completed, but ₹3.50 Cr ka price tag hai. Isme actual rental yield kitna nikal sakta hai, koi idea? I'm hoping for some decent capital appreciation over 5 years. Resale market kaisi hai for such high-value properties in Mohali? Matlab, agar 5-7 saal baad exit karna ho, toh liquidity issues toh nahi aayenge? Builder ka track record toh sahi lag raha hai, but I need real-world insights on the appreciation potential for a completed project at this price point. Anyone already invested here or nearby? Kya aapko lagta hai it's a good bet?