T
Tanvi Gupta
Vohra Estate 17: Two months in, some investor concerns
Just moved into Vohra Estate 17 two months ago, and honestly, things are a bit different than expected. Possession toh mil gaya, but rental market Gurugram mein abhi bhi slow lag raha. I'm getting offers way below what I projected for my 3 BHK. My unit cost was ₹3 Cr, so ROI pe impact padega, which is a bit surprising. Also, society mein investor ratio kaafi high lag raha. Matlab, end-users kam hain kya? Is it just me or is this a ghost society risk in the long run? What's your take on capital appreciation here in the next 5 years? Is the secondary market liquid enough for a good exit strategy? Any thoughts on this?
#vohra-estate-17#gurugram#investor#rental-yield#resale-value
Comments
The Gurugram market is very sensitive to location and connectivity. If Vohra Estate 17 is still in a developing pocket, rentals will naturally be lower. Capital appreciation comes from infrastructure growth and end-user demand. If end-users aren't moving in due to high investor ratio, appreciation will be slow. It's a classic trap for first-time investors who look only at brochure promises. Secondary market for such projects is usually not very liquid, you might have to wait a long time for a good exit.
I think the 'ghost society' risk is real, especially for projects with no RERA. If the possession date is 2025-01-01, then you just moved in two months ago, that doesn't add up. Is this a pre-possession offer or a special case? Please clarify, this information is confusing for others considering this project. My agent was pushing this hard, saying it's 'ready to move'.
Yeah, I saw that too. Agar RERA nahi hai aur possession date 2025 hai, then how did he move in? This sounds like a potential issue with the builder not adhering to norms. This is exactly why I'm so nervous about booking anything. Builders often give different information.
Good point, U6! The post says possession 'mil gaya' but the project data says 2025. This needs clarification. Maybe he got an early possession for some reason? Or is it a part of the project that's complete while others are still ongoing? Yeh confusion toh bahut badi hai, especially for first-time buyers.
₹3 Cr mein toh Gurugram mein achhe options mil jaate hain. Vohra Estate 17 ka location Badshahpur ke paas hai na? Wahan toh abhi bhi development phase mein hai kaafi kuch. Investor heavy projects mein re-sale bhi mushkil hoti hai, kyunki sabko profit chahiye aur end-users kam hote hain. RERA status na hona is a huge deal breaker for me. Kaise trust karein builder pe?
Bhai, you're not alone. I've heard similar things about Vohra Estate 17. ₹3 Cr for a 3 BHK is a significant investment, and getting low rental offers is definitely a red flag. Gurugram ka rental market abhi thoda down hai, especially for new projects jahan supply bahut zyada hai. I was considering this project too, but investor ratio kaafi high hona always makes me nervous. Ghost society ka risk toh hai hi. Kya aapne rental yield calculate kiya tha before buying?
Haan, calculation toh kiya tha, but projections were based on pre-COVID market. Ab lag raha hai woh numbers unrealistic the. Also, jo society maintenance charge hai, woh bhi rentals ko kha raha hai. It's a tough situation for first-time buyers like us. What about capital appreciation in such projects, will it even happen?
Exactly! My friend bought in a project near Airport Road last year, same issue. Builder ne bade bade promises kiye the rental yield ke, but abhi tak tenant nahi mil raha. He's struggling with EMIs. Vohra Estate 17 ka RERA number bhi nahi hai, which is a big concern for me. How can they sell without RERA?
Just moved into Vohra Estate 17 two months ago, and honestly, things are a bit different than expected. Possession toh mil gaya, but rental market Gurugram mein abhi bhi slow lag raha. I'm getting offers way below what I projected for my 3 BHK. My unit cost was ₹3 Cr, so ROI pe impact padega, which is a bit surprising. Also, society mein investor ratio kaafi high lag raha. Matlab, end-users kam hain kya? Is it just me or is this a ghost society risk in the long run? What's your take on capital appreciation here in the next 5 years? Is the secondary market liquid enough for a good exit strategy? Any thoughts on this?