Saha Amadeus investors: What's the real rental yield and resale scene?
Honestly, I'm starting to think my initial numbers for Saha Amadeus were way off after seeing the ground reality. From my experience, a completed project like this, with its location, should have better traction. But resale market mein liquidity kaafi slow hai. Matlab, jo ROI maine calculate kiya tha, wo dikh nahi raha. Actual rental yield kitna mil raha hai logon ko wahan? Kya investor ratio itna high hai ki end-users ko attract karna mushkil ho gaya hai? I've seen this pattern before in other projects where high inventory from investors chokes the resale. Anyone else facing similar issues trying to exit or get decent rentals from Saha Amadeus? Or is it just bad timing on my part? What's your take on its long-term capital appreciation potential given the current scenario?
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Long-term capital appreciation for Saha Amadeus? Given the current scenario, I'm not very optimistic. Unless there's a huge infrastructure boost nearby or the general economy picks up dramatically, it will be a slow climb. The initial excitement has worn off, and now it's a waiting game for many. It's a tough lesson for first-time buyers like us.
I was looking at Saha Amadeus last year, but decided against it after my agent showed me the RERA number UPRERAPRJ9195 and then openly admitted that a lot of buyers were just looking for quick flips. The total units are 310, and if even half of them are investors, that's a huge supply. I instead put my money in a smaller, upcoming project in Alistonia Estate, hoping for better end-user demand there.
U3, it's a bit of both. Noida market is indeed a bit sluggish for high-end properties right now, but Saha Amadeus specific problem is definitely the investor-heavy inventory. I've heard some owners are even willing to give rent at 25-30% below market just to get a tenant. Which floor is your unit on?
U6, 2% is really low. I'm seeing similar numbers for properties even in prime sectors. The 'market slowdown' is real, but some projects are hit harder. Maybe try reducing your expectation a little, you might find a tenant faster.
U5, my unit is on the 10th floor. I'm getting offers for around 35k-40k for a 3BHK, which is less than 2% yield on my purchase price of 2.9 Cr. This is terrible. What's the point of investing then?
This is exactly what I feared. My uncle had a similar issue with a project near Alpha I, Greater Noida. Too many investors, not enough genuine families looking to move in. For Saha Amadeus, with price range ₹2.4 Cr – ₹3.7 Cr, it's a significant investment to make, and then not get returns.
Honestly, I'm starting to think my initial numbers for Saha Amadeus were way off after seeing the ground reality. From my experience, a completed project like this, with its location, should have better traction. But resale market mein liquidity kaafi slow hai. Matlab, jo ROI maine calculate kiya tha, wo dikh nahi raha. Actual rental yield kitna mil raha hai logon ko wahan? Kya investor ratio itna high hai ki end-users ko attract karna mushkil ho gaya hai? I've seen this pattern before in other projects where high inventory from investors chokes the resale. Anyone else facing similar issues trying to exit or get decent rentals from Saha Amadeus? Or is it just bad timing on my part? What's your take on its long-term capital appreciation potential given the current scenario?
U1, I bought into Saha Amadeus hoping for good appreciation after its 2021 possession. But ab lag raha hai phas gaya. My broker told me it's because of the overall market slowdown in Noida, not just this project. Is that true, ya sirf bahana hai?
Totally relate, U1. Mera bhi yahi haal hai. The rental yield they promised, it's nowhere near. My flat has been vacant for 3 months now. Bohut tension ho rahi hai.