Rise Organic Ghar's resale market is practically dead.
₹45L for a 2BHK in Rise Organic Ghar seems steep now. I've seen prices barely move in 2 years. Is the resale market really that slow there? What kind of rental yield are people actually getting? From my experience, capital appreciation looks limited. Wondering about exit strategy.
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I've been trying to sell my 2BHK in Rise Organic Ghar for the last 6 months. Bought it for ₹42L, now barely getting offers for ₹43-44L. Capital appreciation is a myth here, feels like a dead investment. Rental yield is also pathetic, maybe 1.5-2% max. I was expecting at least 3-4% to cover some EMI. Koi exit strategy samajh nahi aa rahi. Total units 518 hain, lagta hai supply bahut zyada hai isliye demand nahi ban rahi, neither for sale nor for rent. This is a big concern
Bhai, but property status toh READY_TO_MOVE hai, toh possession date 2025 kaise? Thoda confused hoon.
Haan yaar, builders ki toh aadat hai dates extend karne ki. Bohot frustration hoti hai ismein. Mera toh budget tight hai, aise delays se EMI aur rent dono ka burden pad jayega.
Actually, READY_TO_MOVE ka matlab construction complete hai, but builder ne final formalities aur registry ke liye 2025 ki date di hai. Bahut builders karte hain aisa, handover mein delay karte hain for various approvals. My cousin faced similar issue in Afzalpur, where they had to wait months after 'ready' status for actual keys.
Totally agree with the original post. My friend bought a 3BHK in Rise Organic Ghar for ₹70L two years back, thinking it would appreciate fast. Now he's stuck, even getting decent tenants is a struggle. The prices are just not moving, especially compared to areas like Ahinsa Khand 1. I'm also a first-time buyer and this kind of stagnation makes me super nervous about investing.