K
Kunal Bhatia
Prestigious Friends Colony mein investment kaisa hai?
Secondary market liquidity for completed projects like Prestigious Friends Colony is always my main concern. Ghaziabad mein investment ke liye dekh raha hoon. Koi bata sakta hai yahan actual rental yield kitna aata hai? Matlab, ₹7.20L to ₹35.99L range mein, kya expectations rakhun? Aur iska capital appreciation kaisa raha hai since launch? Exit strategy ke liye, resale market active hai kya yahan? Don't want my capital stuck.
#prestigious-friends-colony#ghaziabad-investment#rental-yield#resale-value#capital-appreciation
Comments
It seems like a mixed bag. On one hand, Ghaziabad is growing, and property near established areas like Friends Colony might see some appreciation over a very long term. But the rental yields are definitely not going to be spectacular for the higher-end properties in that ₹36L range. And builder reputation is a huge factor. For a first-time buyer with limited budget, liquidity and exit strategy are paramount. Maybe consider something slightly outside the 'prestigious' tag but with better builder reviews and clearer rental potential?
The builder's track record is important here. Has anyone dealt with the builder of Prestigious Friends Colony before? Are there any hidden charges or maintenance issues that pop up after possession? That can seriously affect your exit strategy and resale value.
U11, that's a big red flag for me. High maintenance and builder issues can make a property almost unsellable. For a first-time buyer like me, getting stuck with a bad builder is the worst nightmare. Is there any RERA data on their past projects?
Yes, I have a friend who bought from them in another project. Maintenance is a nightmare, and they keep increasing charges without proper justification. That will definitely impact your resale. Buyers look at maintenance costs very closely now.
I checked out Prestigious Friends Colony last year. The units are small, and honestly, the 'prestigious' part is mostly in the name. For that price range, I was expecting better amenities. My friend invested in another completed project in Achchheja and is struggling to find tenants for a good rent. The secondary market there is very slow right now. So, liquidity is a real concern. What kind of rental yield are you actually expecting for a property worth, say, ₹20-25L?
U9, you're right. Rental yield in Ghaziabad is generally low, maybe 2-3% max for most projects. For ₹20L, you'd get maybe ₹5-6k. The real game is capital appreciation. I heard this project launched around 2015-16. What were the launch prices? That would give us a better idea of its appreciation track record.
Exactly, the amenities are just basic. For ₹20-25L, you'd be lucky to get ₹12-15k rent in Ghaziabad, even for a good society. That's not even 1% yield per annum. Capital appreciation has to be super high to compensate. Has anyone seen actual appreciation stats for this specific project since its launch?
Ghaziabad is developing fast, especially areas like this. I've heard good things about capital appreciation in nearby areas like Abhay Khand. Friends Colony seems like a safe bet in the long run. My uncle bought a plot there last year and is already seeing good returns.
Prestigious Friends Colony? Naam toh achha hai, but Ghaziabad mein ₹36L tak jaana for a first-time buyer seems a bit much. Especially if liquidity is the main concern. Kya yeh area actual mein itna premium hai ki itna high resale value mil jaye?
U7, ₹6-7k rent on ₹8L is actually good, but the post mentions up to ₹36L. For ₹36L, you'd need at least ₹25k-₹30k rent to make it worthwhile. Does Friends Colony command that kind of rent? I doubt it for Ghaziabad.
Mujhe lagta hai aap log thoda overthinking kar rahe ho. Friends Colony is a decent spot. If you're buying in the lower end of the range, say around ₹7-10L, then rental yield can be good. I know someone who got a flat for ₹8L there a few years ago and gets ₹6k-₹7k rent easily. That's a solid return for that price point.
Exactly! I'm also looking in Ghaziabad, near Ahinsa Khand 1, and prices are already high. ₹36L for a completed project, that too secondary market, seems risky for rental yields. What if tenants don't pay well?