R
Rahul Gupta
Smart interim investment: Shree Green Court?
Sector 109 – been looking at this area for a potential investment property. I'm currently in a 2BHK in Sector 56 and honestly, evaluating options. Should I save more for that 3BHK upgrade I want, or add a smaller property like Shree Green Court to my portfolio for rental income? It's completed, which is a big plus, no construction delays ka tension. Price range ₹38.40 L–₹75.22 L seems okay. What's the actual rental yield like yahan? Log bolte hain 3-4% but real mein kitna milta hai? Capital appreciation potential kaisa hai for a completed project? Has its price moved significantly since launch? Aur iski resale market kitni liquid hai? Investors zyada hain ya end-users? Koi ghost society ka issue toh nahi hoga long term mein?
#gurgaon#investment#shree-green-court#rental-yield#capital-appreciation
Comments
Instead of an interim investment, maybe focus on saving for that 3BHK upgrade. The market is very dynamic right now, interest rates are also a factor. A smaller property might just lock up your capital without significant returns. Better to consolidate funds for your primary goal.
My friend bought a 1BHK there for ₹40L in 2020. He's still struggling to get a good tenant. Right now, he's getting ₹10,000-₹11,000, which is barely 3% yield. His plan was also to use it for rental income but it's not working out that well.
I was also eyeing Shree Green Court for a similar reason, interim investment. But then I saw a few units on resale and the prices haven't really jumped like some properties near Basai Road. For capital appreciation, maybe look at plots in Badshahpur if your budget allows? That's a longer play though.
Don't forget the maintenance charges! If a society has too many empty units or absentee landlords, the common expenses fall heavier on the residents. Check their current maintenance cost per sqft.
Yeah, if investors dominate, then resale liquidity can be an issue. Everyone will want to exit at the same time. Ghost society issue is real in such cases, maintenance might suffer if many units are vacant.
Badshahpur plots are a different league altogether. Here we are talking about apartments. For Shree Green Court, I heard many units were bought by investors at launch. So resale market mein competition rehta hai.
Bhai, Shree Green Court is completed, that's true, possession was given in 2019 May. But Sector 109 ki connectivity abhi bhi thodi weak hai. Rental yield 3-4% is mostly on paper, real mein 2.5-3% se zyada expect mat karna for a 1BHK. Capital appreciation might be slow compared to areas closer to Airport Road.
Agreed on the rental yield, it's tough to get good tenants for smaller units unless it's super close to commercial hubs. Plus, the current market in Gurugram is seeing a lot of new supply, so rentals are stable but not shooting up.
Exactly! I checked it out last year. Area still feels a bit isolated. The RERA number is 137, total units 1680. It's a massive project. For rental, you'll be competing with a lot of inventory.
Sector 109 – been looking at this area for a potential investment property. I'm currently in a 2BHK in Sector 56 and honestly, evaluating options. Should I save more for that 3BHK upgrade I want, or add a smaller property like Shree Green Court to my portfolio for rental income? It's completed, which is a big plus, no construction delays ka tension. Price range ₹38.40 L–₹75.22 L seems okay. What's the actual rental yield like yahan? Log bolte hain 3-4% but real mein kitna milta hai? Capital appreciation potential kaisa hai for a completed project? Has its price moved significantly since launch? Aur iski resale market kitni liquid hai? Investors zyada hain ya end-users? Koi ghost society ka issue toh nahi hoga long term mein?