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Aarti Pandey
Portfolio diversification: Shriram Smrithi for long-term hold?
My current portfolio review suggests diversifying into a completed asset, and Shriram Smrithi is on my radar. I'm looking at a unit in the ₹75L range. From my experience, completed projects offer immediate rental income, but capital appreciation often slows down a bit. What's the realistic CAGR one can expect here, say over 3-5 years, post-completion? I've seen some rental yield figures, but what are investors actually getting per month? Is a 3% net yield consistently achievable after maintenance and property tax? Also, regarding exit strategy, how liquid is the resale market for Shriram Smrithi specifically? Is there a healthy secondary market or do units sit for long? Any insights on past appreciation trends would be helpful.
#bengaluru-investment#shriram-smrithi#capital-appreciation#rental-yield#resale-potential
Comments
I'm also eyeing Shriram Smrithi, but the rental yield part is confusing me. Has anyone actually achieved a consistent 3% net yield after all expenses? And kitna time lagta hai tenant milne mein? Liquidity ka bhi doubt hai, resale market kaisa hai wahan ka?
U3, for a 75L property, a gross rent of ₹20-22k means a gross yield of around 3.2-3.5%. But after society maintenance (which can be ₹3-4k easily), property tax, and occasional repairs, net yield often drops to 2.5% or even lower
Resale liquidity depends on the flat. Good views, higher floors sell faster. Ground floor units sometimes sit for longer. But overall, it's not a dead market.
U3, 3% net yield is tough, yaar. I have a friend who owns a 2BHK in Shriram Smrithi. He's getting around ₹20,000-₹22,000 per month. After maintenance, property tax, and minor repairs, it barely touches 2.5% net. Tenant milne mein 1-2 months lag jaate hain sometimes.
Shriram Smrithi is a good choice for stability. My uncle bought there two years back, no major issues so far. Completed project hai toh tension kam rehti hai.
₹75L for Shriram Smrithi? Bhai, that seems a bit steep for a completed project, even if it's premium. I thought the range was more like ₹52L-₹88L. Are you sure you're getting a good deal at the higher end of that spectrum? Just thinking about future appreciation, it might be tough to see significant growth if you're already paying top dollar.