What nobody tells you about 2BHK vs 3BHK ROI in Gurugram
3BHKs might seem like a no-brainer for family, but for pure investment in Gurugram, I'm not so sure. I work in real estate, so I know what builders don't always tell you, but buying for myself is different. I'm eyeing properties on Dwarka Expressway or SPR, budget around ₹1.5-2.5 Cr. Should I target a good 2BHK around ₹1.5 Cr for potentially better rental yields, ya phir stretch for a 3BHK at ₹2.5 Cr+ hoping for higher appreciation? M3M or Godrej projects are on my radar. Community, what's your off-the-record take on rental demand and capital growth for both options in Gurugram?
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My take? If you're stretching for a 3BHK, make sure you can comfortably afford the EMI and maintenance for at least a year even if it stays vacant. Gurugram rentals can be unpredictable. For a first-time buyer, playing it safe with a 2BHK and a lower EMI might be less stressful. You can always upgrade later when your finances are stronger.
I bought a 2BHK in a Godrej project on SPR two years ago for around 1.3 Cr. Rental yield has been okay, not spectacular, maybe 3.5-4%. But the capital appreciation has been decent, probably 15-20% because the area has picked up. For me, 2BHK was enough to get my foot in the door.
U9, 15-20% appreciation in two years sounds good! Was it a ready-to-move project or still under construction? And what about the possession status, did you get it on time? My biggest fear is builder delays.
Honestly, the market right now is tricky. Interest rates are high, and builders are still holding prices up. I'd say if you're looking for 'pure investment', wait a bit. Or if you must buy, consider the resale market for a 3BHK. You might get a better deal than new launches at 2.5 Cr+.
See, for pure investment, 2BHKs generally offer better rental yields percentage-wise. The entry price is lower, so your ROI looks better. I've seen this pattern in areas like Badshahpur too, where smaller units are always in demand. But capital appreciation, that's where 3BHKs sometimes win, especially if the area develops fast.
U4, you mentioned Badshahpur. Any specific projects there you'd recommend for a 2BHK with good rental potential? My budget is tight, around 1.3 Cr max. Is that even possible for a decent 2BHK in Gurugram now?
U4, that's what I'm confused about. Is the 'development' in SPR/Dwarka Expressway going to be so rapid that 3BHKs appreciate significantly more than 2BHKs? My dad says appreciation is key, but my friends say rental income is more reliable right now.
Bhai, this is exactly my dilemma! I've been eyeing properties near Dwarka Expressway too, especially those M3M projects. The 3BHKs look so tempting for future family needs, but that 2.5 Cr budget is a huge stretch. Is the rental demand really strong enough for 2BHKs there to justify going for smaller?
U1, U2, same boat here. My worry is the maintenance cost for a 3BHK. It eats into your rental yield big time. Plus, if you need to sell quickly later, a 2BHK might be easier to offload in a slow market. Just a thought.
Totally agree with U1. I heard from a broker that 2BHKs in Gurugram, especially closer to the corporate hubs, get snapped up fast by bachelors or young couples. But on Dwarka Expressway, isn't it mostly families? So wouldn't 3BHK make more sense for rentals there?