I made a mistake assuming RERA compliance for Prateek Grand Begonia Phase I meant smooth sailing. Honestly, the high investor ratio is killing rental yields. Are others seeing this ghost society risk or getting any decent monthly income?
Prateek Grand Begonia Phase I by Prateek Group is a landmark residential development spread across 11.76 acres in Siddharth Vihar, Ghaziabad. Comprising 1,092 units across 9 towers, it offers 2 BHK from ₹1.18 Cr, 2.5 BHK from ₹1.41 Cr, 3 BHK from ₹1.65 Cr, 3.5 BHK from ₹2.42 Cr with world-class amenities including Vaastu Compliant, Fire Sprinklers, Landscaping & Tree Planting, Water Conservation, Rain water Harvesting, Gymnasium, and more.
The average price per sq.ft at Prateek Grand Begonia Phase I in Siddharth Vihar is ₹11 K/sq.ft. The project has seen appreciation of 19.26% making it an attractive entry point. Prices start from ₹1.3 Cr for 2 BHK from ₹1.18 Cr, 2.5 BHK from ₹1.41 Cr, 3 BHK from ₹1.65 Cr, 3.5 BHK from ₹2.42 Cr.
Prateek Grand Begonia Phase I by Prateek Group is RERA registered (number: UPRERAPRJ790651/09/2024), ensuring it meets all regulatory requirements. RERA registration protects buyers' interests by mandating timely delivery and penalising delays.
Occupancy Certificate (OC) status at Prateek Grand Begonia Phase I depends on the current construction stage. The project is currently Under Construction. Contact Prateek Group or a Propmyna broker for clarity on OC timelines for specific towers.
Prateek Grand Begonia Phase I in Siddharth Vihar, Ghaziabad commands strong rental demand given its prime location and quality construction. With prices at ₹11 K/sq.ft and appreciation of 19.26%, investors typically see rental yields of 3–5% per annum.
Comments
Yaar, I completely get what you're saying. My agent was pushing Prateek Grand Begonia so hard, but this investor ratio thing is scary. I was looking at something in Ahinsa Khand II, and even there, rental yields are dropping because too many flats are empty or under-rented.
Totally agree, U1. I've heard similar stories from friends who bought in new projects. What's the point of buying if you can't even get decent rent?