Paramount South City 2: Resale liquidity from afar?
Capital appreciation for Paramount Low Rise Floors South City 2 at ₹3.10 Cr feels a bit flat. I'm based in Dubai, so I can't do site inspections. What's the *actual* rental yield here? Is the resale market truly liquid for a good exit strategy in a few years? Need opinions.
Comments
I'm also a first-time buyer, and this whole 'completed but possession in 2025' thing is a major headache in Gurgaon. Builders do this to skirt RERA regulations sometimes or for tax benefits. It makes me super nervous. For an NRI, it's even more risky because you can't follow up directly. I would suggest looking at RERA registered projects with clear possession dates and no such ambiguities. Better safe than sorry.
As someone who just bought in South City 2, I can tell you the area is good, but 3.10 Cr for low rise floors? That's what some independent builder floors are going for in prime sectors. For liquidity, people usually prefer apartments in gated communities. This might be a tough sell later on if you need to exit quickly. What's the area of these floors, if you know?
Exactly! Area is key. If it's a small area, then 3.10 Cr is way too much. I'm seeing prices for 2BHKs in Basai for around 80-90 lakhs, but those are apartments. Low rise floors usually come with more space, but this price point needs serious justification. What's the carpet area, U1?
Agreed. My brother-in-law bought a 3BHK in a well-known society in Sector 49 for less than that, and the resale there is very active. Low rise floors, especially with only 4 units, can be a bit of a gamble. The 'completed' status with 2025 possession is definitely confusing. Need clarity on that before anything else.
I heard about Paramount Low Rise. The units are very few, only 4, which means it's a niche product. Niche products can sometimes struggle with liquidity because the buyer pool is smaller. For 3.10 Cr, you could get a decent apartment in a well-established society with better amenities and higher demand. Just my two cents.
Paramount ka track record South City 2 mein theek thaak hai, but 3.10 Cr for a low rise is on the higher side. Resale liquidity depends on the specific block and amenities. Plus, if you're not here to manage it, rental yield can be tricky. You'll need a good property manager, which eats into profits.
2-3% rental yield is not great for such a high capital investment, especially if you're looking for an exit strategy in a few years. Plus, the current market is a bit volatile, interest rates are up. Need to factor that in too. Is this a builder flat or part of a bigger society?
Absolutely, property management is a hidden cost. My brother bought a flat in Baharampur Naya and managing tenants from afar was a nightmare for him. He eventually had to sell at a lower profit than expected because of the hassle. For rental yield, 2-3% is typical for Gurgaon, 3.10 Cr pe toh itna hi expect karo.
Capital appreciation for Paramount Low Rise Floors South City 2 at ₹3.10 Cr feels a bit flat. I'm based in Dubai, so I can't do site inspections. What's the *actual* rental yield here? Is the resale market truly liquid for a good exit strategy in a few years? Need opinions.
The project is showing as 'completed' but possession in Nov 2025? This is a classic red flag, especially with only 4 total units. Small projects can sometimes have weird RERA statuses. I'd be very careful about the actual status and what 'completed' really means here.
Bhai, 3.10 Cr for low rise floors? That's a huge amount for a first-time buyer like me. I'm also worried about liquidity. South City 2 is good but for that price, is it really worth it for investment? Rental yield toh bahut kam hoga I think.