For years I've watched Gurgaon's luxury market. Salcon The Verandas looks impressive, but at ₹16 Cr+, what's the actual rental yield people are seeing? Everyone talks capital appreciation, but for such high-ticket properties, resale market kitna liquid hai? Or is it mostly investor-driven, leading to a ghost society? Change my mind.
Salcon The Verandas is a Ready to Move residential complex by Salcon and Saluja Constructions in Sector 54, Gurugram, spanning 9.0 acres with 6 towers and 192 units. It offers 4 BHK from ₹16.65 Cr, 5 BHK from ₹19.74 Cr, 6 BHK from ₹23.8 Cr catering to families and investors alike.
Salcon The Verandas by Salcon and Saluja Constructions in Gurugram starts from ₹16.7 Cr. It offers 4 BHK from ₹16.65 Cr, 5 BHK from ₹19.74 Cr, 6 BHK from ₹23.8 Cr with an average rate of ₹37.0K/sq.ft — making it a competitively priced entry into the Sector 54 micro-market.
Salcon The Verandas by Salcon and Saluja Constructions in Sector 54, Gurugram has obtained all necessary environmental clearances, building permits, and approvals. RERA number Not Applicable confirms regulatory compliance. Buyers can request copies of clearances from the developer.
Salcon The Verandas by Salcon and Saluja Constructions is currently Ready to Move. The project follows a RERA-compliant construction schedule with all milestones publicly disclosed under registration number Not Applicable.
Ample Green Spaces & Landscaping. Salcon The Verandas offers 4 BHK from ₹16.65 Cr, 5 BHK from ₹19.74 Cr, 6 BHK from ₹23.8 Cr starting at ₹16.7 Cr with Air Conditioned, Internet / Wi-Fi, Tennis Court, Grocery Shop, Spa, and more, spanning 9.0 acres with 192 units in Sector 54, Gurugram. RERA registered under Not Applicable for full buyer protection.
Comments
I tried to calculate the rental yield for a similar property in Badshahpur. Even with a good tenant, after property tax, maintenance, and potential vacancy, it was barely 2-3%. For 16-23 Cr, that's a terrible ROI. Are people really getting more than 3% here? I just don't see it.
Haan, but even for status, if the resale market is slow, then what? The original post is spot on about liquidity. Current market conditions in Gurugram are tough for resale of ultra-luxury, unless you're willing to drop the price significantly.
ROI isn't the point for these properties. Status symbol hai, bhai! Log dikhane ke liye lete hain.
No chance of 3%. Maybe 1.5-2% if you're lucky. These are mostly for end-users who don't care about yield, or investors who believe in long-term capital appreciation. But that's a gamble, especially now.
My friend actually looked at Salcon The Verandas a few years back. He said the build quality was good, no doubt, but the common area maintenance charges were insane. And with possession in 2010, isn't it already quite old for that price point?
Sahi kaha, RERA nahi hai. But for such a completed project, maybe it's not that big a deal? More concerned about hidden costs and property tax on such a high value, that can really add up.
2010 possession means no RERA, right? That's a big red flag for me, I prefer new projects with RERA security.
Exactly! Old inventory at new prices. We saw a similar issue near Airport Road. Builders just keep hiking prices, but the actual appreciation for older properties, especially luxury ones, is not always what they project. Plus, maintenance for these big places is a black hole, it eats into any potential returns.
For years I've watched Gurgaon's luxury market. Salcon The Verandas looks impressive, but at ₹16 Cr+, what's the actual rental yield people are seeing? Everyone talks capital appreciation, but for such high-ticket properties, resale market kitna liquid hai? Or is it mostly investor-driven, leading to a ghost society? Change my mind.
Ghost society, lol! But seriously, 192 units hi hain, itna bada project nahi hai. Still, for 16 Cr, it better not be empty.
Bhai, for that price, you're buying a lifestyle, not just a home. But the question about liquidity is valid. I've heard some luxury properties struggle to find buyers quickly, especially after the initial buzz dies down.
Totally agree! 16 Cr is crazy for a first-time buyer like me. Rental yield toh zero hi hoga, itna high price point hai.