Since January I've been eyeing Satguru Homes Floors 8. I work in real estate, but honestly, buying for myself is different. The price tag is 4.25-7 Cr, but I'm not seeing the rental yields they promised. Is the resale market for these independent floors really that liquid? I'm worried about getting stuck.
Satguru Homes Floors 8 is a Ready to Move residential project by Satguru Developers located in DLF Phase 1, Gurugram. It spans a large land parcel and comprises multiple units across 1 towers, offering 4 BHK from ₹4.25 Cr. quality construction and premium lifestyle.
Periodic offers on 4 BHK from ₹4.25 Cr at Satguru Homes Floors 8 by Satguru Developers are available through verified brokers on Propmyna. With prices at ₹4.3 Cr – ₹7.0 Cr and appreciation of strong, early bookings offer the best value.
You can verify Satguru Homes Floors 8 on the state RERA portal using registration number Rera Not Applicable. Additionally, review the approved building plan, encumbrance certificate, and title deed with a property lawyer before booking.
Yes, with RERA registration Rera Not Applicable, booking an under-construction unit at Satguru Homes Floors 8 is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Satguru Homes Floors 8.
Satguru Homes Floors 8 in DLF Phase 1, Gurugram commands strong rental demand given its prime location and quality construction. With prices at market-competitive and appreciation of strong, investors typically see rental yields of 3–5% per annum.
Comments
My cousin bought an independent floor in Baliawas a couple of years ago, thinking it would be a great investment. Now he's struggling to find tenants at the expected rent and resale is also proving difficult. His property is also 'Rera Not Applicable'. So, OP, your concerns about liquidity are very valid. Don't rush into it just because it's 'completed'.
OP, what kind of rental yields were they *promising* you? And what's the actual ground reality for similar floors in that area?
Yeah, the rental market in Gurugram, especially for larger independent floors, has been slow to pick up. Most corporate leases prefer gated societies with amenities. For these individual floors, you're competing with a lot of supply. Plus, the property tax hike and interest rates are making buyers rethink their investments for rental income. It's a tough market right now.
60-70k for 4.3 Cr property? That's barely 2% yield. Too low!
For a 3BHK, they were loosely quoting 60-70k per month, but when I checked with brokers, it's more like 45-55k max, and even that's not guaranteed given the current market. Plus, maintenance charges are extra.
I visited Satguru Homes Floors 8 last month. The finishings are decent, but the space feels a bit cramped for the price. They were pushing hard for immediate booking, which made me suspicious. It's a completed project, so why the rush?
Honestly, the RERA 'Not Applicable' status for a project completed in 2024 is a red flag for me. How can a project completed this year not have a RERA number? Builders often use loopholes, but for a price range of 4.3 to 7 Cr, transparency is key. This just makes me super nervous about the legalities and future resale value. OP, good that you're asking these questions.
Still, 'less regulated' doesn't sound good when we are putting in our life savings, does it?
Actually, for independent floors on plots less than 500 sq yards, RERA is often 'Not Applicable' in Haryana. It's a common thing for smaller plots. Builders exploit this, but it doesn't always mean it's illegal, just less regulated.
Totally agree with the OP! 4.25-7 Cr for an independent floor, that too for a completed project without clear rental yields... sounds like a huge risk for a first-time buyer like me. I've been looking at properties near Airport Road (Gurgaon side) and even there, the numbers are not adding up for such high prices. It feels like a gamble.
Exactly! I almost booked a floor in a similar project in Badshahpur last year, but pulled out because the developer couldn't give me concrete rental projections. They just kept saying 'market will pick up'. Glad I didn't get stuck.
Haan bhai, same feeling. Liquidity ka issue toh pakka hoga.