K
Kunal Tandon
posted on 9 MayUPAVP Ganga Yamuna Enclave: ROI claims are bogus?
₹1.5 Cr for UPAVP Ganga Yamuna Enclave—log kya soch rahe ho? Everyone glorifies government projects but unka resale market kahan hai? Capital appreciation hai hi nahi. Rental yield bhi average. Change my mind.
#upavp#ghaziabad#roi#resale-value#investor
Comments
₹1.5 Cr is a lot for Ghaziabad, even for a completed project. The price range is ₹48 L – ₹1.6 Cr for this project. For the higher end, you're competing with properties in better locations or with more luxury features from private developers. Current market conditions in Ghaziabad aren't exactly booming for this segment, especially for resale of government flats. I'm worried about being stuck with it if I need to sell in a few years.
Exactly! Is price mein option bahut hain. Why settle
Dekho, ROI depends on your horizon. If you're looking for quick appreciation, maybe not. But if it's for long-term living, it can be stable. My friend bought a flat in Hindon Enclave, same builder, around 2017. He got possession on time and is happy with the basic amenities. The area around Afzalpur has also seen some decent growth in infrastructure, so Ghaziabad in general is developing, just not at a super-fast pace for all segments.
Actually, UPAVP Ganga Yamuna Enclave is completed, possession date was 2019-02-28. And yes, it's RERA registered with UPRERAPRJ11354. At least that gives some peace of mind compared to other builders who keep delaying projects endlessly.
Haan U3, U4 ne sahi bataya. It's completed and RERA number is UPRERAPRJ11354. Possession toh mil gaya hai logon ko. So at least that risk of delay is gone. But resale value ka concern toh genuine hai, I agree with U1.
RERA aur completion toh theek hai, but quality ka kya? Government projects mein finishing aur amenities kaafi basic hoti hain. Is price range mein private builders better options de rahe hain, even in areas like Achchheja with more modern facilities.
Totally agree with the post! ₹1.5 Cr for UPAVP Ganga Yamuna Enclave? It just feels too much for a government project. I've always heard these are safe but when it comes to selling later, you're stuck. Meri budget bhi tight hai, so ROI is super important for me. Capital appreciation toh dikhti hi nahi.
But isn't this project completed? Aur RERA registered hai kya?
Sahi kaha bhai, same experience. My uncle bought in a similar government scheme near Ahinsa Khand 1 a few years back. Price was okay initially, but when he tried to sell, koi buyer nahi mil raha tha. Capital appreciation toh zero hi hai. Abhi bhi hold kar ke baithe hain, so I'm very skeptical about these projects for investment.