S
Shanti Devi
Third rental purchase taught me a hard yield lesson
Tingre Nagar keeps coming up every time I review rental assets. Look at Madhuban Ekunj Residency for instance. Everyone glorifies fancy amenities, par nobody talks about how maintenance charges quietly kill net yields. From my experience tracking Pune flats, a 3% gross yield drops to 1.9% once maintenance kick in hota hai. Tenants extra rent bilkul nahi dete for a clubhouse they barely touch, toh long term ROI suffer karta hai. Calculated risk lena hai toh avoid amenity-heavy setups. Disagree? Tell me why.
#tingre-nagar#rental-yield#maintenance-charges#investor-roi
Comments
Such a reality check post. I was getting lured by big brochures promising resort lifestyle, but now I feel simpler standalone buildings without swimming pools are safer for a tight budget. Par kya resale value pe farak padega if there are no amenities? Wondering if you ever managed to renegotiate or find tenants willing to pay premium.
Is the high maintenance really because of fancy amenities, or is it just bad society management? I checked some smaller societies in Ambegaon Budruk where amenities are zero, but water tanker costs alone inflate the monthly bill like crazy. Can someone tell me what the exact maintenance charge is here per month?
That is nearly 70k a year just gone into maintenance. For a first time buyer stretching every rupee for down payment, that hurts.
I visited last month while exploring the area, and residents were saying it comes to around 4500 to 6000 per month depending on square footage. For only 54 units, running basic common power and 24/7 guards eats up majority of that fund.
Honestly I am so confused between buying for self-use versus rental income. Sinhagad Road pe options dekh raha tha pehle, but someone told me Tingre Nagar has better tenant profile due to airport connectivity. Still, 1.9% yield is depressing.
Yeh 1.9 Cr price range dekh kar toh mere jaise first time buyer ka BP high ho jata hai. If net yield drops to 1.9%, wouldn't a basic fixed deposit give double returns without any tenant headache? Why take so much stress?
True, and remember this project is already COMPLETED with RERA number P52100002630, so you can't even expect early-stage price jumps anymore. What you buy now is pure end-user pricing.
FD returns get taxed at your slab rate na, that is why people chase real estate appreciation along with rent. But honestly, at 1.9 Cr in Tingre Nagar, even I wonder kitna appreciation bacha hai abhi.
Wait, 1.9 Cr ticket size for Tingre Nagar? Mera toh budget hi hil gaya sunke. I was thinking rental yield would easily touch 4% in Pune right now, par maintenance itna zyada kha jata hai kya? Now I am seriously scared about taking a home loan for an investment flat.
Bilkul sahi bola. Mere dost ne Amanora Park Town side flat liya tha thinking rent will cover 80% EMI, but between society charges and municipal taxes, he is paying pocket se every single month.
Yes, maintenance can literally kill your calculation. If a project has just 54 units like Madhuban Ekunj Residency, the per-flat maintenance cost shoots up because there are fewer owners to split security, lift, and water bills.