P
Pooja Bose
ROI expectations from completed luxury projects like Kailash The Kings Reserve seem inflated.
I'm in real estate, but buying for personal investment in Noida Extension feels different. This project is done, but is the ₹4 Cr+ price tag justified for an investor? What actual rental yield are people seeing here? Matlab, kitna mil raha hai per month? And capital appreciation? Has most upside already priced in? Compared to other high-end options, is its current price per sqft fair? Better deals for long-term wealth creation? Honest opinions needed.
#kailash-the-kings-reserve#noida-extension#roi-potential#rental-yield#capital-appreciation
Comments
Ultimately, it depends on your investment horizon and risk appetite. Kailash The Kings Reserve is a well-built, premium property in an established part of Noida Extension. The capital appreciation might have plateaued a bit, but it's unlikely to fall drastically. Rental yields are definitely not its strong suit, as many have pointed out. If you're looking for quick returns or high rental income, this isn't it. For long-term wealth preservation and a prestigious address, it could work, but you need to factor in the opportunity cost compared to other investment
U5, you're right about exclusivity, but 2-3% rental yield is a joke at 4 Cr. Aren't there better options in areas like Ajayabpur or even some newer projects coming up in Noida Extension itself with better appreciation potential? Current market mein kya chal raha hai for capital appreciation, especially for luxury segments?
Ajayabpur is too far out right now, connectivity is still an issue. Noida Extension has too much supply, capital appreciation for apartments seems limited for now. Better to wait for a correction or look at pre-leased commercial.
U6, I'm also exploring. Ajayabpur is still developing, so the entry point is lower, but Kings Reserve is established. However, for 4 Cr, you could get a much larger plot or a villa in Alistonia Estate, which might have better long-term appreciation than an apartment, even a luxury one. Noida Extension high-rises are currently facing oversupply issues, which caps rental and appreciation.
Dekho, Kailash The Kings Reserve is a very niche project, only 51 units. That exclusivity does command a premium, and the construction quality from that builder was generally good back then. For personal use, it's great, but for investment, the ROI might be purely from capital appreciation if you hold it long term, like 10-15 years more. Rental yield will probably be max 2-3% after maintenance. If you want better rental income, you should be looking at commercial properties in Alpha-II Commercial Belt, not residential.
Exactly my thought, U1! I checked their RERA (UPRERAAGT10119), it's legit, but the possession was September 2011. How can a 13-year-old property command such a premium for investment? What about actual rental yields from such old 'luxury' projects? Matlab, kitna mil raha hai per month after all expenses? Maintenance bhi toh high hogi na?
Totally agree U3. Older projects, older problems and higher maintenance. Rental yield will suffer for sure. My friend's place in Sector 137 faces the same issue.
U2, you hit the nail on the head with maintenance. My uncle bought in Alpha I Greater Noida around that time, a similar 'luxury' tag. Initial years were fine, but now society charges have skyrocketed, easily ₹15-20k per month for a large apartment. Plus, tenants prefer newer builds unless the location is super prime. For 4 Cr, the rental yield would be pathetic to cover EMIs and maintenance, forget about profit. It's a trap for investors looking for cash flow.
Yaar, 4 Cr+ for a project completed in 2011? I saw Kailash The Kings Reserve, it looks good from outside, but for that price in Noida Extension, I'm not sure. Is the appreciation potential still there after 13 years? Feeling confused, this investment feels risky for a first-timer like me.