SS Cendana's ROI potential feels questionable
Did some deep diving on Sohna projects from Dubai, and SS Cendana caught my eye. I'm looking at it purely from an investment perspective, for long-term ROI. The current price range, around ₹2.16 Cr, seems a bit high for Sohna, no? Has anyone seen significant capital appreciation since its launch? Matlab, resale potential kya lagta hai? I'm worried about being an absentee owner; can't do a site inspection myself. What's the realistic rental yield we can expect here? Also, SS Group ka project delivery track record kaisa hai? RERA compliance toh hoga, but on-time possession kitna likely hai? Need to factor in property manager costs too. Any ground-level info on actual returns or builder reliability would be super helpful. Thoda skeptical hoon, being so far away.
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Rental yield pe koi real numbers bata sakta hai kya Sohna mein? Matlab, 2.2 Cr pe kitna rent expect karein?
Rental yield in Sohna for a 2BHK or 3B
I checked the RERA portal for SS Cendana. The RERA number is GGM/733/465/2023/77. Possession date is listed as March 1, 2029. That's a good 5 years from now. For an absentee owner, this long wait period means blocking funds without immediate returns. Also, the current market conditions in Gurugram are a bit sluggish for high-end properties in peripheral areas like Sohna, so capital appreciation might be slower than expected initially.
Dekho, Sohna is definitely a long-term play. Connectivity improvements like the SPR extension and the upcoming DMIC corridor might boost it. But yeah, for immediate returns, it's a gamble. Rental yield toh bahut low hoga abhi.
SS Group ka track record past mein thoda shaky raha hai. On-time delivery mein issues sune hain.
Sahi baat hai, builders with a patchy past make me super nervous.
Exactly! My uncle booked a flat with SS Group near Baharampur Naya almost 8 years ago, and the project got delayed by over 3 years. They kept giving excuses. Builder ka record dekh ke hi invest karna chahiye, especially when you're not physically there to follow up. RERA toh hai, but builder ki financial stability bhi dekhni chahiye.
Totally agree with your point about the price, bhai. ₹2.16 Cr for Sohna feels steep, especially when you're looking for long-term ROI. Infra development abhi bhi slow hai udhar. Kya lagta hai, real appreciation kitni ho sakti hai?
Real appreciation? Maybe 5-7% annually if everything goes well. But that's a big 'if'.
But the government plans for Sohna are huge, right? Like the education hub and industrial zones. That could drive demand in 7-10 years. Still, 2.16 Cr for something so far out is a big leap of faith for a first-time buyer like me. Aur jab tak woh development hoga, tab tak toh bahut time nikal jaayega, aur paisa bhi block rahega.
Haan yaar, infrastructure is the main concern. Compared to areas near Airport Road, Sohna still feels very disconnected. Unless you're looking at Badshahpur for daily commute, it's tough.