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Aparna Kulkarni
posted on 11 MaySurendra Krishna Homes delivery delays crush ROI
Honestly, I'm regretting not doing more due diligence on builder timelines. Just got possession of my 2BHK in Surendra Krishna Homes last month, after a 10-month delay. The brochure promised Q4 2023, but it dragged on. My initial calculation for rental yield is completely off now, lost almost a year's rent. The area's still quite raw, amenities like the clubhouse are nowhere near completion. This definitely affects capital appreciation in the short term, right? I was hoping for quick appreciation but now I'm worried about the resale market. Did anyone else face significant delays with them? What was your actual rental income like once you finally leased it out? Wondering if I should just hold or cut my losses in a few years.
#possession-delay#surendra-krishna-homes#rental-yield#capital-appreciation#under-construction
Comments
Yaar, totally relate with you, OP! Mera bhi haal wahi hai. Surendra Krishna Homes mein booking ka soch raha tha but ab yeh sunke darr lag raha hai. Hum first-time buyers ke liye toh ek-ek paisa important hai, aur aise delays toh budget pura hila dete hain. Rental income ki expectation bhi kaise set karein?
Sahi keh rahe ho. Builders ka toh common tactic hai. Agreement mein fine print mein sab likha hota hai, hum dhyaan nahi dete.