RWA Sri Niwas Puri: My resale exit strategy dilemma
Been tracking New Delhi properties for months now. RWA Sri Niwas Puri looks interesting, being a completed project. Honestly, what's the actual capital appreciation track record been like? For a 2BHK there, what's the realistic rental yield you're seeing? And how liquid is the resale market? I really need to understand the exit strategy here.
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So, is it worth the risk for a first-time buyer like me, or should I keep looking for something with better exit potential?
It seems like the consensus is that RWA Sri Niwas Puri is a safe bet locality-wise, but don't expect super high returns. The 105 units make it less crowded, which is a plus. But liquidity and appreciation might be average. It's more of a 'hold for long-term stability' kind of investment, not a 'flip for quick profits' one. Depends on your goal.
Toh kya 70-73L ka price justified hai for a 2BHK in RWA Sri Niwas Puri, considering the points U2 and U6 made about appreciation and yield?
U8, 30% in 8 years is barely beating inflation for a prime Delhi property! Plus, 4 months to sell is a long time if you need quick cash. This doesn't sound like a good exit strategy at all. For 70-73L, maybe look at something slightly outside the South Delhi 'prime' tag but with better growth potential, like parts of Anand Vihar or even some newer projects in Ansal Villas.
U7, I track this area closely. My uncle sold his 2BHK in Sri Niwas Puri just last year. He bought it for 55L around 8 years ago and sold for 72L. So, roughly 30% appreciation in 8 years, which is just okay, not phenomenal. It took him about 4 months to find a serious buyer. So, U5, it's not super liquid, but not impossible either. Rental yield was always around 2.5% for him.
Dekho, exit strategy pe focus karna bilkul sahi hai. I made the mistake of not thinking about it when I bought my first flat near Anand Niketan. Ended up holding it for 7 years because the market wasn't moving and finding a buyer at my expected price was a nightmare. Always check the past 5-year transaction data for similar properties in that specific RWA. Sometimes these RWA properties have their own unique market dynamics.
Totally agree with U4. Current market conditions in Delhi are also a bit tricky for quick exits, especially for older RWA flats. Rental yields have been stagnant for a while, and capital appreciation is slow compared to a few years back. For a 2BHK in the 70-73L bracket, don't expect miracles on either front.
U4, this is my biggest fear! Aapne kitne mein becha aur kitne time laga? Sri Niwas Puri mein bhi agar aisa hua toh mera saara savings block ho jaayega. I'm really nervous about making the wrong call here. The 70-73L range is literally my entire life's savings.
Been tracking New Delhi properties for months now. RWA Sri Niwas Puri looks interesting, being a completed project. Honestly, what's the actual capital appreciation track record been like? For a 2BHK there, what's the realistic rental yield you're seeing? And how liquid is the resale market? I really need to understand the exit strategy here, especially with my budget of 70-73L.
Nah, I disagree with U2. Sri Niwas Puri is a prime South Delhi location. Completed projects are always safer bets than under-construction. Plus, 105 units only, that's a manageable community. Location is key, aur yahan location solid hai.
Bhai, RWA projects mein appreciation ka track record mixed hi rehta hai. Sri Niwas Puri toh theek hai locality wise, but liquidity ka issue ho sakta hai. My friend had a tough time selling his 2BHK in Alaknanda, similar RWA setup. Rental yield bhi expect mat karo ki bahut high hoga, 2-3% se zyada mushkil hai in completed projects.