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Priya Nambiar
posted on 26 MaySharnam Homes investors, what's the ground truth?
What's the real story with Sharnam Homes for investors? I'm in real estate myself but buying there is different. It's completed, so no delivery risk, but what's the actual rental yield people are getting? Capital appreciation since launch? Is resale liquid, or is it slow despite being ready? Share any insider tips.
#sharnam-homes#noida-investment#rental-yield#capital-appreciation#resale-market
Comments
For investment, I'd be very cautious with Sharnam Homes. It's a 2016 possession property, which means it's already 8 years old. The 'completed' status is good for end-users but for investors looking for capital appreciation, the major growth spurt has likely passed. You're buying into a mature asset. Liquidity issues are common for older projects if there are newer, shinier options nearby. What's the average price per sqft people are quoting now? That'll give a better picture.
I almost put down a token for Sharnam Homes last year. The location seemed decent, and the fact that it's already built is a huge plus point for peace of mind. But then I heard some murmurs about the resale market being a bit sluggish. Is that true, or was it just one bad experience? I'm worried about getting stuck if I need to sell in a few years.
My broker was pushing Sharnam Homes a few months back. He said capital appreciation has been decent since launch, but he didn't give exact numbers. With 96 total units, it's not a massive society. Is that a good thing or a bad thing for appreciation? Less competition internally for rentals or less buzz? Also, any insider tips on maintenance charges? Sometimes those can eat into your rental income significantly. I'm trying to compare it with something in Alistonia Estate, which seems newer but has delivery risk.
Yeah, insider tips on maintenance are crucial. My relative got burned by high maintenance in a society near Alpha-II Commercial Belt. For capital appreciation, Sharnam Homes launched quite a while ago. Most of the early appreciation might have already happened. Now it's more about steady growth, if any. Don't expect huge jumps.
U7, less units can mean less competition but also less amenities sometimes. Maintenance charges are usually standard but check for any hidden costs like club memberships or parking. My friend bought a 3BHK there and said the maintenance is reasonable, but I don't have the exact figure.
I've been tracking Sharnam Homes for a while. The fact that it's completed is definitely a relief. No more waiting years for possession. But the price range is so wide – ₹25 L to ₹16.0 Cr. What's the catch? Are the smaller units genuinely worth it for first-time buyers, or are they just bait? Is resale liquid for these smaller units, especially in the current Noida market where things are a bit slow?
U5 is right. It's a mix. The smaller ones are generally studios or compact 1BHKs. For the ₹25 L range, you're looking at a studio. Resale can be slow, especially if there's new supply in nearby sectors. Current market conditions in Noida are buyer-centric, so liquidity needs to be confirmed.
U4, the price range is confusing because Sharnam Homes has everything from studios to large villas, I think. The smaller units (25-50L) are usually studios or 1BHKs. For those, resale is always a bit tricky unless the location is prime. I saw a similar situation near Ajayabpur, small units struggle to find buyers quickly.
Hey everyone, I'm U1 and I'm seriously looking at Sharnam Homes. The original post is spot on – no delivery risk is a huge plus, especially with all the builder issues these days. But my main concern is the actual investment part. What's the real rental yield people are getting? Kisi ko kuch idea hai kya? Budget tight hai, so every rupee counts.
Bhai, rental yield pe mat jao sirf. Dekho ki area mein competition kitna hai. Sharnam Homes theek hai but 2016 se ready hai toh already prices adjust ho chuke honge. Maine Alpha I Greater Noida mein ek flat liya tha 2018 mein, socha rent pe chadh jayega, but it took ages and the yield was pathetic. Be careful, aisi property mein liquidity bhi dekhni padti hai.
Totally agree with U1! Rental yield is key. I'm also a first-time buyer and Sharnam Homes sounds good on paper since it's COMPLETED. But with a possession date of 2016-11-01, is there still good scope for appreciation? Or has that ship sailed already?