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Nitin Sethi
posted on 19 MayROF Ananda: My honest questions about its investment potential
What's the real capital appreciation for ROF Ananda in Sohna? I'm fed up of renting, looking to finally invest, and this project keeps popping up. Since it's completed, I'm wondering about the actual rental yield people are getting there. Is the resale market active, or do units sit for long? I'm trying to figure out the long-term ROI and exit strategy here. Any insights from current owners or those who tracked it since launch would be super helpful.
#rof-ananda#sohna-real-estate#roi-potential#rental-yield#resale-value
Comments
Looking at the overall picture, ROF Ananda is a mixed bag. It's RERA compliant, delivered on time in 2020, and the initial price point was good. But the capital appreciation has been slow, especially compared to the rapid growth seen in other parts of Gurugram or even areas closer to Badshahpur. Current market conditions in Gurugram favor ready-to-move, but Sohna still needs more time to mature. It seems like a good option if you plan to live there or hold it for 7-10 years. But what if one needs to exit in 3-5 years? What's the realistic scenario then?
Yeah, short-term exit is risky. This project is more for those who are fed up of renting and want a home, or as a long-term asset, not for quick investment gains. Patience is key with Sohna properties.
If you need to exit in 3-5 years, you might struggle to get significant returns. My friend tried selling his unit after 4 years and barely broke even after accounting for all costs. Rental income covers EMIs partially, but don't expect a jackpot on resale in the short term.
I'm still skeptical about Sohna in general. Is it really the next big thing, or just a peripheral area? Compare it to established corridors like Airport Road (Gurgaon side) or even Badshahpur, the connectivity is still a challenge. How much more infrastructure development can we expect to drive up prices significantly? I mean, 728 units is a lot for that area. Is there enough demand for resale there, or are buyers only looking at new projects closer to the city?
Exactly! If you're looking for quick appreciation or easy resale, Sohna isn't the place. Main Gurugram areas still dominate that market.
Sohna has potential, it's just a long-term play. The Southern Peripheral Road (SPR) extension and the upcoming KMP Expressway connectivity will definitely help. Yes, 728 units is a big project, but the price point attracts a specific segment of buyers who can't afford Gurugram's core areas. It's for end-users mostly, not quick investors.
Meri ek friend ne yahan book kiya tha launch ke time, around 2017. She got a good deal then, definitely below the current ₹37 L mark. The builder, ROF, did deliver on time as per the RERA commitment, which is rare these days. She got possession right around September 2020. But she's been struggling with finding good tenants at the rent she expects. Also, how much has the property value actually gone up since 2020 in terms of actual resale transactions? Anyone here actually sold a unit recently?
That's exactly it! Rental yield is just 'okay'. Maintenance charges are also a factor. I hear from some residents ki amenities ko utna maintain nahi karte after some time. Small things add up.
Haan, main bata sakta hoon. My brother-in-law got possession in 2020-09-01. The handover was smooth, no major issues. He rented out a 2BHK for about ₹8,000-₹9,000 initially, which isn't great, but it's consistent. Now it's closer to ₹10,000-₹11,000. So rental yield is okay, not spectacular.
Totally understand your concern! I've been tracking ROF Ananda too. The fact that it's COMPLETED and RERA registered (184 OF 2017) gives some peace of mind. Plus, the possession was way back in 2020-09-01, so no construction risk. For first-time buyers like us, that's a huge plus. My main worry is also the long-term appreciation, but the initial entry point feels attractive compared to main Gurugram.
Yaar, I'm really confused about ROF Ananda. On paper, the price range of ₹37 L – ₹65 L seems decent for a completed project, especially since it got possession in 2020. But Sohna? Is the capital appreciation real there, or is it just marketing hype? My biggest fear is investing all my savings and then the property value just stagnates. What's the actual rental yield people are seeing? And for resale, does it move quickly or units just sit for months? I need a clear exit strategy, bhai.