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Deepak Agarwal
SVS Wellington 2: My investment reality check
₹22k rent de raha hoon Noida Extension mein, ab bas ho gaya. SVS Homes Wellington 2 mein investment ka soch raha hoon, price ₹20-30L hai. Completed project hai. Iska capital appreciation kaisa raha hai since launch, matlab, kitne returns expect kar sakte hain 3-5 saal mein? Aur rental yield reality mein kitna mil sakta hai monthly? ₹7k-9k possible hai kya? Resale market kitna liquid hai yahan, exit strategy ke liye secondary market active hai ya mushkil hoti hai bechne mein? Builder SVS Homes ka track record kaisa hai for other projects, delivery-wise? Koi insights?
#svs-homes-wellington-2#resale-value#rental-yield#capital-appreciation#investor-perspective
Comments
So, OP, what did you decide after all this discussion? Did you visit the site and check the actual conditions?
Noida Extension ka rental market is tough, especially for smaller units. People prefer to live closer to offices in Noida or even look at Greater Noida West for better value. For ₹20-30L, you might find better rental prospects in some parts of Ghaziabad or even older sectors of Noida if you compromise a bit on size. Don't just look at the purchase price, but the potential tenant pool too.
I agree with the point about peace of mind. As a first-time buyer, it's better to go with a reputed builder even if it means a slightly higher budget. Less headache later.
Resale market in Noida Extension is tricky. For a project like Wellington 2, which has been completed since 2018, you need to check how many units are currently listed for resale. Agar bahut saari listings hain, toh samajh lo liquidity kam hai aur bechne mein mushkil hogi. It's better to invest where the demand for both rental and resale is consistently high, even if it's a bit more expensive. Sometimes peace of mind is worth the extra cost.
SVS Homes ka track record maine khud dekha hai. My cousin booked in their project near Ajayabpur a few years back, aur possession mein 3 saal ka delay tha. Wellington 2 toh completed hai, but even then, check for any pending dues or society formation issues. Builder ki reputation bahut matter karti hai, especially for resale.
My friend faced issues with a completed project from another builder in Alpha II. They had to pay extra for amenities that were promised. So, even if it's completed, get everything in writing about what's included and what's not.
Yes, Wellington 2 is completed, which is a plus. But even completed projects from builders with a shaky past can have hidden problems. Like, completion certificate mil gaya but amenities ka issue ho, ya structural defects. Check the RERA complaints specifically for this project, not just the builder generally.
Exactly! I've heard similar stories about SVS Homes. Many legal issues and complaints against them on RERA. Just because it's completed, doesn't mean it's hassle-free. Due diligence bahut important hai.
₹7k-9k rental yield for a ₹20-30L property? That's barely 3-4% annual yield. Noida Extension mein itna mushkil hai. Alpha I Greater Noida mein shayad thoda better ho, but not here. Also, maintenance charges add up, so net yield aur kam ho jaayega.
₹20-30L for a completed project sounds good, but Noida Extension mein appreciation kitna milta hai real mein? Maine suna hai ki yahan market kaafi slow hai. Aapko kya lagta hai, 3-5 saal mein kitna badhega?
Rental yield 7-9k for a 20-30L flat is tough in Noida Extension, unless it's a very specific pocket near a metro or college. Most 1BHKs are fetching 5-7k only. My friend's flat in Alistonia Estate, which is also completed, struggles to get good tenants at that price point.
Haan, appreciation is the main concern. Even if it's completed, agar value nahi badhi toh kya fayda? Resale liquidity bhi important hai, kahin invest karke phans na jaao.
Sahi keh rahe ho. Noida Extension mein capital appreciation 5-7% max hi mil raha hai current market mein, aur woh bhi agar location prime ho. Builders jo 10-12% ke returns batate hain, woh mostly marketing hype hota hai. Ye market ab saturated ho gaya hai, especially after COVID.
SVS Homes? Bhai, unka track record bahut poor hai. Bade bade promises karte hain, delivery mein time lagate hain. Personally, I'd be very cautious.
₹22k rent de raha hoon Noida Extension mein, ab bas ho gaya. SVS Homes Wellington 2 mein investment ka soch raha hoon, price ₹20-30L hai. Completed project hai. Iska capital appreciation kaisa raha hai since launch, matlab, kitne returns expect kar sakte hain 3-5 saal mein? Aur rental yield reality mein kitna mil sakta hai monthly? ₹7k-9k possible hai kya? Resale market kitna liquid hai yahan, exit strategy ke liye secondary market active hai ya mushkil hoti hai bechne mein? Builder SVS Homes ka track record kaisa hai for other projects, delivery-wise? Koi insights?