R
Ravi Pandey
Siddharth Vaidyansh Apartment: Rental yields are a myth.
I'm based in Dubai, planning to invest in Delhi. Siddharth Vaidyansh Apartment completed hai, but I'm really unsure about the actual rental yield. Kya yahan se 4-5% ROI possible hai? Kitna rent expect kar sakte hain monthly? Resale market kitni liquid hai? I can't do a site inspection myself, so need the community's ground truth. Will it be easy to sell off in 5-7 years for a decent capital appreciation? Legal clarity bhi chahiye.
#roi#rental-yield#resale-value#delhi-investment#nri-investor
Comments
It seems the consensus here is pretty clear: 4-5% rental yield from Siddharth Vaidyansh is highly optimistic, and capital appreciation in 5-7 years isn't guaranteed either, especially if the entry price is already on the higher side. For someone buying from Dubai without a physical inspection, legal due diligence and a realistic expectation of returns are paramount. If pure ROI is your main goal, maybe explore pre-leased commercial properties in Delhi-NCR instead; residential is more for end-use or very long-term appreciation these days.
Before anything, is Siddharth Vaidyansh even RERA registered? That's the first thing to check for legal clarity and builder accountability. Also, what's the current average per sqft rate in that specific area for similar completed projects? Without solid data on current market value, it's really hard to gauge resale potential or if your investment makes sense.
12,500-13,000 per sqft is quite steep for a secondary market property, even in Delhi. With current market conditions, buyers are very price-sensitive and prefer new launches. Resale liquidity will be an issue, and you might end up holding it longer than planned or selling at a discount if you need to exit quickly.
Yes, it is RERA registered, the number is DLRERA2018P0002. But the per sqft rate is currently hovering around 12,500-13,000 for good units. In my opinion, that's on the higher side for a project that's been completed for a while. Selling it off at a premium in 5-7 years might be a stretch, especially if the market doesn't pick up dramatically.
The resale market is the biggest challenge for completed projects, especially if they are a few years old. Everyone wants a brand new flat these days. I had a similar experience with a property I bought in Ansal Villas thinking I'd get great appreciation in 5 years, but it's been stagnant. Unless you get an absolute steal deal upfront, selling in 5-7 years for 'decent capital appreciation' might be tough. Legal clarity is also crucial, especially when buying from abroad. Get a thorough due diligence done by a local lawyer.
Totally agree with U1. I was looking at properties around Alaknanda and even there, rental yields are barely touching 2.5-3%. Capital appreciation is your only real bet, but that's always a gamble. What about the maintenance charges for Vaidyansh? That eats into a lot of profit.
Haan, sahi keh rahe ho. My relative owns a flat in Anand Vihar, completed project hai, but barely gets 2.5% yield after all expenses. Selling it off isn't easy either, especially if you're looking for a quick exit. The market is just not that liquid for older properties.
Maintenance charges are quite high, yaar. For a 2BHK, it's usually around 5-6k per month. Add property tax, and any minor repairs, your net rental income shrinks significantly. OP, you really need to factor in these hidden costs. Your 4-5% ROI will look more like 1.5-2% in reality.
Bhai, 4-5% ROI residential mein, woh bhi Delhi mein, it's a dream these days. Realistically, expect 2-3% maximum after all expenses. Siddharth Vaidyansh is a decent project but rental yields are a tough nut to crack. Don't fall for builder promises.