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Asha Sawant
Real Shree Shyam Villas: Investor playground, not end-user home.
Did a site visit to Real Shree Shyam Villas last week. Honestly, for ₹1.29 Cr–₹1.45 Cr in Noida Extension, I'm finding the investor sentiment a bit too bullish. Everyone talks capital appreciation, but what about the actual rental yield? Builder ka track record dekha hai, delivery delays are a real concern. I know what builders don't tell you about occupancy certificates. As someone who works in real estate, but buying for myself, I worry about the high investor ratio creating a 'ghost society'. Will there be enough end-users for a healthy resale market later? Seems like pure speculation. Change my mind.
#real-shree-shyam-villas#noida-extension#investor-risk#rental-yield#project-delivery
Comments
Builder ka track record kaisa hai, any specific details? Bahut nervous ho raha hoon main bhi, itna paisa daalna hai.
U4, is builder ka track record toh mixed hi hai, to be polite. Real Shree Shyam Villas ka RERA number bhi nahi hai. Inke pichhle projects mein delivery delays common hain. Ek project toh 2 saal late hua tha. Phir finish quality bhi average hi thi. They are known for aggressive sales tactics but follow-through is often weak
My cousin booked in a similar project near Alpha II Commercial Belt a few years ago. Builder ne bade-bade sapne dikhaye the 'early bird advantage' ke. Final mein na toh possession time pe mila, aur jab mila bhi toh society mein sirf 20-30% log hi rehte the. 'Ghost society' wali baat bilkul sach hai. Electricity bills, maintenance charges sab sky-high ho gaye kyunki occupancy kam thi. Resale karna chaha toh koi end-user mil hi nahi raha tha. Learn from my cousin's mistake, investors are looking for quick buck, end-users want a home.
Ye investor-heavy projects se bachna chahiye first-time buyers ko. Humein toh ghar chahiye, na ki investment vehicle. Community feel zero ho jaati hai.
U3, exactly! My friend had the same issue. Builder promises the moon, delivers dust. Ghost society is a nightmare.
Bhai, ₹1.3 Cr–₹1.5 Cr for 30 units in Noida Extension? Is this even competitive? I was looking at some options near Alpha I Greater Noida, and there you get much more established societies, even if a bit older, for similar or slightly higher prices. Current market conditions in Noida are tricky, demand is there but people are also price-sensitive. Kya lagta hai, is price point par log end-user ke liye lenge ya sirf investors hi ghoomenge?
Sahi keh rahe ho U2. Itni chhoti society mein amenity bhi limited rehti hai.
Haan yaar, 30 units ka project toh bahut chota hota hai. Maintenance bhi costly padta hai baad mein. Ajayabpur ke paas bhi ek project mein yahi hua tha, investors ne le liya aur phir koi rehta hi nahi tha. End-users ke liye toh bilkul nahi hai.
U2, price competitive toh bilkul nahi lag raha. Only 30 units hain, toh exclusivity ke naam pe premium charge kar rahe honge. But with so few units, if most are investors, you'll feel very isolated. Alistonia Estate mein bhi aise small projects hain jahan baad mein resale value ka issue aata hai.
Totally agree with the original post! Yeh 'investor playground' wali baat bilkul sahi hai. ₹1.3 Cr mein Noida Extension mein itna high risk lena, especially jab builder ka track record questionable ho, seems mad. As a first-time buyer, I'm already stressed, aur aise projects toh aur darate hain. RERA ke bina toh bilkul bhi nahi jaana chahiye, safety hi nahi hai.