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Prerna Arora
posted on 4 MayRadhey Krishna Apartment ka real appreciation kitna hai?
Everyone talks about brochure prices, but what's the *real* story with price movement for Radhey Krishna Apartment? I know builders ka track record, but iska actual appreciation kitna hua hai? Lagta hai bas initial buyers ko faayda hua. Change my mind.
#radhey-krishna-apartment#noida-real-estate#capital-appreciation#investor
Comments
I think the initial post is right, the real appreciation for Radhey Krishna Apartment has been very modest, definitely not what early buyers hoped for when they paid between ₹25 L – ₹45 L. The fact that it's completed (Possession date: 2017-06-01) with 40 units is a plus, but the market dynamics have changed. For first-time buyers, it might seem like an affordable entry point, but the exit strategy and future growth potential look limited. It's a classic case of 'buy low, sell lower' if you're not careful. The 'real story' is that it's a decent place to live if you got it cheap, but not an investment goldmine.
Current market conditions in Noida are definitely favouring ready-to-move projects, but the appreciation depends heavily on the initial price and builder reputation. Radhey Krishna might have seen some incremental value but nothing major. For a similar budget, one can find better options in Alpha I Greater Noida now, with more amenities and better future prospects, even if it's slightly further.
My cousin bought a 3BHK for ₹40 Lakhs right at the peak of the original price range (₹25 L – ₹45 L) around 2017. He got possession on time, which was a surprise after hearing all the builder stories. He wanted to sell it recently, but the offers were barely touching ₹42-43 Lakhs. That's hardly any appreciation over 7 years, especially with inflation. Banks bhi loan dene mein nakhre karte hain for older projects. Is it really that difficult to get a home loan for properties like this now?
Haan bhai, loan toh aajkal kaafi strict ho gaye hain. Mera bhi yahi haal hai, har bank naya project hi puchhta hai. Tension ho jaati hai sunke.
Absolutely, loan lena mushkil ho gaya hai. Banks are very cautious with properties that are older or have any legal/builder issues. As a first-time buyer, I'm finding it tough even for slightly older but well-maintained societies. They prefer RERA-registered newer projects, especially if the builder has a clean record. It's a real headache.
Dekho, every project has its ups and downs. Radhey Krishna Apartment ki location thik hai, connectivity wise. Maybe it didn't appreciate like crazy, but it's a completed project, which is a big plus point in today's market, especially compared to the unfinished projects near Ajayabpur. What are people expecting, 2x returns in 5 years?
Bhai, totally agree with you. Radhey Krishna Apartment ka toh bas naam hi Krishna hai, appreciation ke mamle mein toh Raavan nikla. Mera ek dost ne 2016 mein booking ki thi, ₹32 lakh mein 2BHK. Builder ne possession date 2017-06-01 di thi, but mila use November 2017 mein. Usko laga tha accha return milega but abhi resale value poochho toh sab haath khade kar dete hain. What's the real ground reality for current resale value there? Koi idea hai?
Exactly! Initial buyers ko hi thoda bahut laga hoga, baaki toh bas wait hi karte reh gaye. Builder ne toh bas apna profit dekha.
Haan yaar, builder ka track record utna accha nahi raha hai. My uncle was looking for a 1BHK in that area last year and someone quoted ₹30 lakhs for a 1BHK in Radhey Krishna. Jabki initial range ₹25 L se shuru thi. So thoda toh badha hai but not like other projects in Alistonia Estate. Possession delays were common for them.