Resale liquidity for completed projects like Ansal Aastha is a real concern.
Resale liquidity for completed projects like Ansal Aastha Mig Zone in Rajkot is a real concern for investors. I'm considering a unit there, price around ₹29-30L, it's completed. My main thought is about the secondary market and capital appreciation. Is there enough demand for these units in Rajkot, yaani, kya iska resale market active hai? I've seen some older completed projects just sit on the market for ages. What's the actual capital appreciation potential here over, say, 5 years? Also, exit strategy important hai. Who's the likely buyer pool for a property in this segment in Rajkot after a few years? End-users ya other investors? Not sure if the rental yield alone justifies the investment if resale is tough. Any first-hand experience with selling here? Does the pricing, ₹29.40 L–₹30.10 L, allow for decent ROI after taxes?
Comments
Yaar, Ansal Aastha ka naam sunke hi thoda doubt aata hai. Completed toh hai but Rajkot mein is segment mein resale hamesha se slow raha hai. ₹29-30L for a flat in MIG zone sounds a bit high if liquidity is the main concern. Capital appreciation ka potential toh tabhi hoga jab buyers honge.
Sahi keh rahe ho. Mera ek friend ne bhi 2 saal pehle udhar hi Krishna Kunj ke paas ek property li thi, Ansal ka nahi tha but similar price range. Ab bechna chah raha hai, offers hi nahi aa rahe. The market for 2BHK