T
Tanvi Sharma
Pyramid Urban 67A: Is the investment story real?
Pyramid Urban 67A ka real capital appreciation kaisa raha hai since launch? I'm eyeing a unit there, price around 75L. As someone in real estate, I know the market but buying for myself is a different ballgame. Is this current pricing fair, ya overvalued lag raha hai, considering it's already completed? Actual rental yield kitna mil raha hai wahan? Brochure figures toh sabko pata hain, but I need ground reality checks from residents or investors. What's the investor to end-user ratio like? Don't want to invest in a ghost society, you know. Also, for long-term wealth creation, what's the consensus on its exit strategy? Who do you think will buy these units in 5-7 years?
#gurgaon-real-estate#pyramid-urban-67a#investment#rental-yield#capital-appreciation
Comments
See, the project is completed, possession date was July 2021. So no construction delays. That's a plus. Price is 74-77L which is competitive for a ready-to-move in property in Gurugram, especially compared to new launches. But the point about investor-to-end-user ratio is crucial. If it's mostly investors, then future buyers will be fewer, impacting appreciation. We need to know this ratio better.
I visited the site last month. The society looked quite occupied, not a 'ghost society' at all. But yes, many units are on rent. I spoke to a few residents, and they mentioned the maintenance is good, but the area still lacks some social infrastructure. For 75L, I'd expect better surroundings.
My cousin bought a unit in Pyramid Urban 67A for 68L back in 2020. He was hoping for good appreciation, but it's barely moved since possession in 2021. He's getting a rental of 15k for a 1BHK, which is not bad, but the capital gains are just not there yet. He's worried about the exit strategy because of the high number of units and the overall market sentiment for affordable housing in that specific micro-market.
Thanks for sharing this personal experience! This is the kind of info we need. It helps us budget-conscious buyers make informed decisions. Maybe I should look at Badshahpur side instead for better potential.
That's exactly what I feared. Brochure mein toh 4-5% dikhate hain. This confirms my doubt about the 'ghost society' aspect. If appreciation isn't happening and rental yield is low, it's a red flag for long-term investment.
15k rental for 68L investment? That's barely 2.6% yield. That's really low, especially for a first-time investor expecting good returns. Is that the ground reality for most units there?
75L for Urban 67A? Mujhe toh overvalued lag raha hai. I checked properties near Airport Road, and for similar carpet area, you can get better deals, even if under construction. Plus, the total units are 1330, that's a lot of inventory, which might affect future appreciation. Who will buy all these units later?
Pyramid Urban 67A ka real capital appreciation kaisa raha hai since launch? I'm eyeing a unit there, price around 75L. As someone in real estate, I know the market but buying for myself is a different ballgame. Is this current pricing fair, ya overvalued lag raha hai, considering it's already completed? Actual rental yield kitna mil raha hai wahan? Brochure figures toh sabko pata hain, but I need ground reality checks from residents or investors. What's the investor to end-user ratio like? Don't want to invest in a ghost society, you know. Also, for long-term wealth creation, what's the consensus on its exit strategy? Who do you think will buy these units in 5-7 years?
The RERA number is 350. It was completed in July 2021. I think the pricing is fair for a completed project, considering the current market conditions in Gurugram. Rental yield depends on the unit type, but expect around 2.5-3% gross.
Honestly, 75L is a big amount for a first-time buyer like me. I'm also looking for something in that range, but the capital appreciation part worries me. I've heard mixed reviews about Pyramid projects generally. What's the RERA number for this one again?
Bhai, 75L for a completed project sounds okayish, but I heard the appreciation hasn't been that great. My friend bought in Sector 70, and his property value has jumped way more. Rental yield bhi wahan kuch khaas nahi hai as per my sources.