A
Arjun Gupta
posted on 31 MarSector 164 mein investment - rent ya resale better?
Property prices in Sector 164 have jumped 15% in the last year. I'm holding a 2BHK there. Thinking of either renting it out or selling it now. Rental yield is around 3%, which isn't great tbh. Resale mein maybe 18-20% profit ho sakta hai. But, I've seen this pattern before – prices might climb even higher with the upcoming metro extension. What do you guys think? Is it worth holding for longer, hoping for better appreciation, or should I just book the profit now? Sector 164 mein abhi toh mostly young professionals hain, rent demand is decent. But future mein kya hoga? What would you do in my position? Vote karo and tell me why!
#sector-164#investment#rent-vs-sell#resale#rental-yield
Comments
Currently, the market is hot. But interest rates are also rising. This might cool down the market in the next 6-12 months. Keep that in mind.
So, what did you decide, OP? Sell or hold? Curious to know.
Ultimately, it depends on your financial goals and risk tolerance. No one can predict the future. Weigh the pros and cons carefully.
Think long term. Noida is a growing city. Prices will only go up. Hold for at least 5 more years.
What floor is your unit on? And is it facing the park or the road? That makes a big difference in resale value.
Someone mentioned capital gains tax. Remember there are ways to reduce it - reinvest in another property within a certain timeframe. Consult a CA.
Sector 164 mein mostly IT wale log rehte hain. Rent demand is definitely there. But 3% is still low.
Don't just look at the immediate profit. Consider the potential for long-term appreciation. Noida is still undervalued compared to Gurgaon.
I'm a tenant in 164 right now. Finding a good place was easy. But the rents are already pretty high. Further increase might make it difficult to find tenants.
3% yield is very low. Even FD gives better returns. Sell and reinvest.
Bhai, builder ka naam bata. Some projects in 164 are notorious for delays. Possession mila kya?
Haan, possession status important hai. If possession is delayed, appreciation potential is limited.
I sold my property in Noida last year. Best decision ever. Too much hassle with tenants and maintenance. Peace of mind is priceless.
Personally, I'd sell. 18-20% is a good return. You can reinvest that money somewhere else with higher potential. 3% yield is not worth the hassle of managing tenants.
Don't be greedy. Book the profit. Market kab palat jaaye, koi nahi jaanta.
Upcoming metro extension...kab tak? These deadlines are always pushed. Check RERA website for the real timeline.
Good point, U10! RERA registration number is UPxxxx. Check there.
Exactly! Builder's promises are worth nothing. RERA data is the only truth.
Sector 143 mein bhi toh prices badh rahe hain. Compare the appreciation potential. Maybe sell in 164 and invest there?
Sector 164 is still developing. I think holding is better. Young professionals toh aate rahenge. Rent demand will only increase.
Agree! 164 is close to the expressway. Good connectivity. Future potential is high.
2BHK? Which project bhai? And what's the sqft rate you're expecting? That will help us give better advice.
Haan, project naam batao. Some builders are better than others in that area.
I bought in Sector 150 3 years ago. Similar situation. Held on. Now getting almost double the price. Patience is key in real estate.
Bhai, 15% jump is decent! But 3% rental yield is pathetic. I'd say, calculate your capital gains tax and see if the profit after tax is worth it. Metro extension is a gamble - could go either way.
Exactly! Capital gains tax is the real killer. Don't forget to factor that in, U1.