Samridhi Luxuriya Avenue: What they don't tell you about ROI
₹1.36 Cr for a 2BHK at Samridhi Luxuriya Avenue seems like a decent entry point, but honestly, I'm trying to figure out the actual long-term ROI. My agent kehta hai ki appreciation bahut acchi hai, but kya current prices par bhi significant capital appreciation milega? It's a completed project, so delivery risk toh nahi hai. But I'm more curious about the rental yield reality. Anyone here owning a flat there? Kitna rent nikal jata hai for a 2 or 3 BHK? And the resale market, is it liquid enough? Matlab, agar 5-7 saal mein exit karna ho, toh easily buyers mil jaate hain kya? Ya fir it's more of a ghost society with high investor ratio? Parents keep saying invest in something that sells easily. So, just checking on the ground reality for Samridhi Luxuriya Avenue. Any tips on checking the actual resale potential beyond broker talks would be super helpful. Hope this helps someone else also looking at this project.
Comments
I agree with the point about agent talks. They'll always paint a rosy picture. My concern is that a ₹1.36 Cr 2BHK might be overvalued if the rental yield is only 2-3%. That's a lot of capital blocked. Has anyone looked into similar projects in Ajayabpur or
Dekho, Samridhi Luxuriya Avenue looks good on paper, but the current market in Noida is tricky. Especially for projects with high unit counts (883 units here!). More units mean more competition if you plan to sell. I've seen properties in Alpha-II Commercial Belt struggle to find buyers at decent prices if the investor ratio is high. Parents ki baat sahi hai, liquidity matters more than paper appreciation.
True, resale liquidity is crucial. But what about current rental yields? I heard maintenance charges are quite high there. Any owners here who can confirm kitna rent mil jata hai for a 2BHK and what are the monthly maintenance expenses like?
This is what I feared. For that kind of capital, you can get better rental returns even in some parts of Alpha I Greater Noida. Thoda research karna padega aur, seems like this one isn't as lucrative as agents claim.
OMG! ₹18k-20k for a 1.36 Cr flat? That's really low. Maintenance bhi itni high!
Haan, I have a friend who owns a 2BHK there, he bought it for investment. He's struggling to get more than ₹18,000-20,000 per month for his 2BHK. And the maintenance is around ₹4,500-5,000. So, net rental yield is not great at all for a 1.36 Cr property. He's now thinking of selling, but buyers are quoting much lower than his expectation.
Bhai, you hit the nail on the head! 'Completed project' bolke bechte hain, but possession date 2025-03-29 hai. Yehi loophole hai. Mera ek friend Alistonia Estate mein phasa tha, same story. Agent ne bola ready-to-move hai, baad mein pata chala 1 saal delay hai. So delivery risk toh hai, just different kind. Iska RERA UPRERAPRJ1746 hai, check kiya hai kya?
Yaar, same pinch! Mera agent bhi yahi sab bol raha hai. But ₹1.36 Cr for a 2BHK is still a big amount. Kya itna budget mein aur options nahi hain kya Greater Noida mein?
Sahi kaha. Agent toh appreciation ka chart dikha dete hain, but jab actual sell karne jao toh pata chalta hai. I'm skeptical about significant appreciation from this price point.
Exactly! ₹1.36 Cr is a huge amount. I'm also looking for alternatives in that budget range. Confusing hai sab.