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Anu Tripathi
The real ROI at Krishna Renaissance
Honestly, I think many investors miss the real long-term plays in completed projects like Krishna Renaissance. I'm in real estate, but buying for myself is different, you know? This project is completed, around ₹68-69L. What's the actual rental yield people are getting? Public data isn't always accurate. Also, for someone like me eyeing a 5-7 year exit, how liquid is the resale market here? Are there enough end-users, or will it be mostly other investors trying to offload?
#pune-real-estate#investment#rental-yield#resale-value#krishna-renaissance
Comments
It's a tough call. On one hand, completed project means no delays, ready to move. On the other, the small size and current market conditions do raise red flags for quick appreciation or high rentals. Maybe look at areas with more development potential or upcoming infrastructure, like near Akurdi or Sinhagad Road, if long-term growth is your goal.
Oh god, this discussion is making me more nervous. So much to think about as a first-time buyer.
Dekho, I bought a flat near Ambegaon Budruk two years ago, similar budget, and the rental market there is slow. For Krishna Renaissance, being completed means no construction risk, which is a huge plus for first-time buyers like us. But with only 24 units, the 'community' won't be huge. Have any of you checked property appreciation trends specifically for this micro-market? That's key for a 5-7 year exit, not just initial rental yield.
2-2.5% toh bahut kam hai bhai. Inflation se bhi kam.
Yeah, I heard from a broker ki rental yield 2-2.5% se zyada expect mat karo for most new projects in Pune right now. Market thoda slow hai. As for appreciation, it's definitely slower than pre-pandemic times. Maybe 4-5% annually if you're lucky. RERA number P52100004414 is correct though, no issues there.
I actually visited Krishna Renaissance last month. The flats are decent, good finishing. I think the price is competitive for a completed project. For a 5-7 year hold, it might work, especially if the area develops more. But main question, any idea about actual rental income people are getting there? Online listings sab exaggerated lagte hain.
Yaar, Krishna Renaissance ka discussion chal raha hai? The original poster is asking about ROI and liquidity. Sach kahun toh, ₹68-69L for a completed project sounds good on paper, but given it's 24 units only and possession was March 2023, why hasn't it picked up more? I'm a first-time buyer, and I'm really nervous about getting stuck with something that looks good but has no exit. Kya real mein end-users hain wahan ya sab investors hi hain?
True, kam units mein liquidity ka issue ho sakta hai. Aur rental yield ka data bhi opaque hai.
Exactly my thoughts! I saw the P52100004414 RERA number, everything seems fine, but the low unit count makes me wonder about the community aspect and resale demand. Will it be easy to find a tenant or buyer in a few years? Budget-wise, it's pushing my limits, so I need to be extra careful.