J
Jaspal Dhillon
posted on 13 MayUpgrading from Crossings: High Rental Yield prices
₹1.2 Cr for a 3BHK in High Rental Yield? My current 2BHK in Crossings is feeling really small. I've been tracking High Rental Yield prices for almost 1.5 saal, seems like they've shot up quite a bit. Lagta hai abhi lena sahi hai ya wait karna chahiye? What's the scene, will prices go up more or correct soon?
#high-rental-yield#ghaziabad-property#price-trend#3bhk#investment-advice
Comments
It's a tough call. On one hand, prices have indeed gone up, and 1.2 Cr for a 3BHK is a significant amount for a first-time buyer. On the other hand, demand isn't really slowing down in areas like High Rental Yield because of connectivity and social infrastructure. Maybe it's not about waiting for a correction, but finding a good deal from a distressed seller or a project that's nearing completion without much fanfare. What are the key things to look for in such a scenario?
U15, good point on hidden costs! What kind of hidden costs should we be most wary of?
U14, you hit the nail on the head. Look for projects where possession is within 6-12 months. Visit the site multiple times, talk to current residents if any. Check the builder's past projects' possession history and maintenance charges. Hidden costs are a big trap.
I think wait karna chahiye. Interest rates are still a bit high, and general sentiment is that a slight correction might be due post-elections. Plus, the inventory is quite high right now. There's no rush to buy at peak prices unless you absolutely need to move immediately.
U11, wait karne mein inflation bhi toh hai. Jo price aaj 1.2 Cr hai, woh kal 1.3 Cr ho jayega, aur interest rate shayad thoda neeche bhi aa jaaye, but property prices don't usually correct significantly in good locations of Ghaziabad. FOMO is real for a reason.
Haan, U11 sahi keh raha hai. Thoda wait kar lete hain.
Meri toh suno, main pichle 6 mahine se dekh raha hu. Ek project mein toh almost book kar diya tha Achchheja mein, but builder ka track record itna kharab nikla. Delays pe delays! Ab toh darr lagta hai. Itna bada investment hai, aur builders ki reliability zero hai. Kaise trust karein?
U7, you're right. Ghaziabad market mein bohot builders hain jo sirf projects launch karte hain aur phir latka dete hain. The 'High Rental Yield' name itself sounds like a marketing gimmick to justify inflated prices. Focus on established builders, even if they are slightly more expensive. Aur RERA completion date check karna mat bhoolna, this is crucial for first-time buyers.
U7, which builder was this? Naam batao so others can be careful. Yeh important hai.
Same pinch U7! Builders ne to naak mein dum kar rakha hai. Sirf promise karte hain.
Totally agree with U1. My 2BHK in Ahinsa Khand 1 feels cramped too. Prices have gone crazy, especially in these 'premium' areas. Should we jump in now before they go even higher, ya correction aayega? Koi idea hai?
U4, correction ka wait karna risky hai. Ghaziabad mein demand abhi bhi high hai, infrastructure projects bhi chal rahe hain. But 1.2 Cr for High Rental Yield is a bit much. Dekho, sometimes these 'high yield' projects are just old stock rebranded. Pura background check karo.
U4, I booked a 3BHK in Ahinsa Khand 1 two years ago for ~90L. Now my neighbor sold his identical flat for 1.1 Cr! It's a mad rush. Lagta hai abhi bhi time hai, but you have to be very careful with the builder and paperwork. Don't fall for under-construction promises without checking RERA.
₹1.2 Cr for a 3BHK in High Rental Yield? My current 2BHK in Crossings is feeling really small. I've been tracking High Rental Yield prices for almost 1.5 saal, seems like they've shot up quite a bit. Lagta hai abhi lena sahi hai ya wait karna chahiye? What's the scene, will prices go up more or correct soon?
High Rental Yield naam hi kaafi misleading hai. Rental yield kitna hai wahan actually? Zyada prices sirf marketing hype toh nahi hai?
Bhai, 1.2 Cr is steep but what to do? Crossings toh ab chhota lagne hi laga hai. Main bhi yahi soch raha hu.