G
Gurpreet Singh
What I found out about DLF Gardencity Arcade's resale
₹2.12 Cr for DLF Gardencity Arcade... I'm looking at this property for investment in Mohali, but not sure if it's the right move. Builder ka track record toh sahi hai DLF ka, but for a completed project, what's the actual capital appreciation potential here? Kisi ko idea hai kitna price badha hai since launch? Also, rental yield kitna expect kar sakte hain? I heard kuch units khali bhi rehte hain, is that true? Just trying to figure out the resale market liquidity. Will it be easy to exit in 5-7 years, ya phans jayenge?
#mohali-real-estate#dlf-gardencity#capital-appreciation#rental-yield#resale-value
Comments
Mera ek dost ne Badshahpur mein ek similar project mein invest kiya tha, soch ke ki bahut badhiya return milega. But after 5 years, usko apni original investment bhi nikaalne mein pasine chhoot gaye. DLF ka naam hai toh thoda bharosa hai but 2.12 Cr is a lot to risk without solid appreciation potential. Mere hisaab se, investment ke liye not a good bet. Self-use ke liye okay hai agar location pasand hai.
Haan, main bhi sun raha tha ki kuch units khaali hain. Is it because rent bahut high maang rahe hain ya phir demand hi nahi hai? Agar exit karna pada 5-7 saal mein toh liquidity ka kya hoga? Phans na jaayein kahin.
Exactly, agar 5-7 saal mein exit karna hai toh be careful. Mohali mein secondary market utna robust nahi hai for such high value. Check the RERA number GGM/537/269/2022/12, all 100 units are completed, so competition for resale is there.
Liquidity ek genuine concern hai. 2.12 Cr ka apartment itni jaldi nahi bikta. Especially agar market mein supply zyada ho. Airport Road (Gurgaon side) mein bhi abhi yahi problem chal rahi hai, high-value properties ko buyers nahi mil rahe easily.
Vacant units ka issue hai wahan. Mere ek relative ka unit 6 mahine se khaali pada hai. Rent jo expect kar rahe hain, woh market rate se thoda upar hai. So tenants nahi mil rahe. Liquidity bhi kam hai because of the high ticket size.
Rental yield ka kya scene hai? Agar units khaali rehte hain toh investor ke liye toh loss hai na. Kisi ko pata hai kitne units vacant hain actually?
DLF ka track record toh theek hai, but completed projects mein capital appreciation ka graph kaisa rehta hai? Koi data hai kya ki launch se ab tak kitna badha hai? Mohali mein growth potential abhi bhi strong hai kya?
Mohali ka growth thoda saturated ho gaya hai ab. Aerocity side mein abhi bhi kuch potential hai but Gardencity arcade is in a mature area. Capital appreciation will be slow, maybe 4-5% annually if you're lucky. Don't expect miracles.
Launch prices ka exact data toh mushkil hai milna publicly but jo friends ne wahan liya hai, they said 2022-end mein jab possession mila, tab prices 1.8-1.9 Cr ke aas paas the. So 2.12 Cr mein bahut zyada jump nahi hai. Mohali ka growth theek hai but not explosive now.
₹2.12 Cr for a completed project, Mohali mein? Mujhe toh bahut high lag raha hai. DLF ka naam hai but appreciation potential is the real question. Kya lagta hai, worth it?
Worth it as an investment? Doubtful. Self-use ke liye theek hai but capital appreciation ke liye you need to look at pre-launch or under-construction projects. Completed projects mein margin kam hota hai.
Bhai, sahi keh rahe ho. Baliawas side dekh lo, wahan abhi bhi thode better deals mil jaate hain for similar size. Mohali mein 2.12 Cr toh kaafi stretch hai unless you are absolutely set on DLF.