M
Myra Malhotra
Renowned Lotus Srishti rental yield numbers feel off
Renowned Lotus Srishti Ghaziabad — this project has been on my radar for a bit. Completed hai, toh occupancy kaisa hai? I'm wondering about the actual investor to end-user ratio yahan. Ghost society ka risk toh nahi ban jayega? Resale market mein liquidity ka kya scene hai? Matlab, easy exit mil jayega kya? And honestly, rental yield kitna expect kar sakte hain? My estimates are around 2.5-3%, jo ki bahot low hai. Koi actual numbers share kar sakta hai for a 2BHK? Long-term capital appreciation ka potential kaisa lag raha hai sabko?
#rental-yield#resale-potential#investor-ratio#ghaziabad-property#renowned-lotus-srishti
Comments
The Ghaziabad market, especially in areas like Afzalpur and around, is currently seeing a lot of supply. This puts downward pressure on both rental yields and potential capital appreciation in the short to medium term. For a long-term hold of 10+ years, maybe it's fine, but with such low yields, the opportunity cost is high. Are we sure about the 1.2-1.5 Cr price point? Seems like there might be better value elsewhere.
Has anyone actually visited the society recently? What's the vibe like? Is it well-maintained? Builder ka track record kaisa hai overall? I'm worried about hidden costs or maintenance issues later on. Possession date 2020-12-01 toh ho gayi hai, but what about the quality of construction?
Hidden costs are always a concern, especially with smaller builders. Check the builder-buyer agreement very carefully for IFMS, club membership, parking charges etc. I have heard stories where these add up significantly post-possession.
I visited last month. Maintenance is okay, not exceptional. Construction quality looked decent from outside, but can't say for inside details. The builder, Renowned Group, has mixed reviews. Some projects are good, some have delays. For Lotus Srishti, it was completed on time, which is a plus.
I know someone who bought a 2BHK in Lotus Srishti for 1.35 Cr. They are struggling to find a tenant for more than 18-20k. If you calculate, that's barely 1.5% yield after maintenance. So yes, your estimate of 2.5-3% is actually optimistic in my opinion. Exit bhi mushkil hai because there aren't many genuine buyers looking there, mostly other investors. Total units are only 56, so it's a small community, which can be good or bad depending on perspective.
Small number of units (56 total) means less competition within the society for rent, but also means less buzz in the resale market. It's a double-edged sword. But 1.5% is just too low, almost like keeping money in a savings account.
1.5% yield? Ouch. That's a serious red flag. Thanks for sharing actual numbers, this is super helpful. I was considering it for a potential investment, but this changes things.
Totally agree with the low rental yield point. I'm also looking in Ghaziabad and 2.5-3% is what I'm seeing everywhere for projects like this. That's why I'm so confused. Is it even worth investing in residential property for rental income these days? For capital appreciation, you need good infrastructure development planned, which is not always clear.
Renowned Lotus Srishti Ghaziabad, this project has been on my radar for a bit. Completed hai, toh occupancy kaisa hai? I'm wondering about the actual investor to end-user ratio yahan. Ghost society ka risk toh nahi ban jayega? Resale market mein liquidity ka kya scene hai? Matlab, easy exit mil jayega kya? And honestly, rental yield kitna expect kar sakte hain? My estimates are around 2.5-3%, jo ki bahot low hai. Koi actual numbers share kar sakta hai for a 2BHK? Long-term capital appreciation ka potential kaisa lag raha hai sabko?
I checked this project last year. Price range 1.2 Cr to 1.5 Cr for a 2BHK seems high for the area, considering its possession was 2020. I mean, Abhay Khand mein bhi similar prices mein options mil jaate hain with better amenities. Rental yield toh bilkul low hai. Is price pe itna low rental yield means capital appreciation pe hi depend karna padega. But will it appreciate that much?
Bhai, aapka rental yield estimate sahi lag raha hai. 2.5-3% is pretty standard for Ghaziabad right now, especially with so many new projects coming up. Lotus Srishti ki location Achchheja ke paas hai, connectivity theek hai par demand utni high nahi hai jitni Ahinsa Khand II mein hai. Occupancy I've heard is around 60-70% only. Ghost society ka risk toh nahi bolunga, but investor heavy hai definitely.