What nobody tells you about Platinum East Woods resale
Investor-heavy projects have a different kind of resale headache, yaar. Just got possession of my Platinum East Woods flat in March, and the investor ratio seems high. Does this affect future resale value or rental yield? Kya lagta hai?
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My broker told me that many developers are intentionally selling blocks to bulk investors early on to secure funding. It's a common practice. While it fills up the project quickly, it definitely creates this investor-heavy situation. For long-term capital appreciation, it might not be a huge issue, but for immediate resale after possession, it's a risk you'd have to factor in. Don't expect quick gains.
I think it's near Adigara Kallahalli. The location is decent, but the price range of ₹98 L – ₹2.4 Cr for a first home is already stretching my budget. If resale value takes a hit later, it's a nightmare scenario. I'm trying to find out what kind of amenities they are offering, maybe that helps with rentals?
For a project with 178 total units, if even 30-40% are investors, that's a significant number of potential rentals or resales hitting the market. Especially with the current Bengaluru market showing some signs of cooling in certain segments, it's a genuine concern. But then again, location matters a lot. Where exactly is this project?
Haan, I was also looking at Platinum East Woods, but the RERA number PRM/KA/RERA/1251/446/PR/100423/005855 clearly shows possession is 2027-03-01. How did you get possession in March? Are you talking about some other project or a typo?
Oh my bad, you are absolutely right! I meant I *booked* my flat in March, not got possession. My apologies for the confusion. Still, my concern about investor ratio and its impact on resale/rental stands for when 2027 comes around.
Good catch! U4 is right, the RERA date is 2027. Maybe U1 meant they just *booked* in March, not got possession? Or it's a different phase? This is important because possession timing changes everything for resale talk.
Investor-heavy projects have a different kind of resale headache, yaar. Just got possession of my Platinum East Woods flat in March, and the investor ratio seems high. Does this affect future resale value or rental yield? Kya lagta hai?
Exactly! My cousin faced this with a project in Akshayanagar. Everyone bought for investment, and when it was time to sell, prices were stagnant for years. For Platinum East Woods, the price range is already ₹98 L – ₹2.4 Cr, so any dip would be a big hit for first-time buyers like us. I'm so worried.
Bhai, you're not wrong. High investor ratio usually means a lot of units hit the market at the same time after possession. This can definitely push down resale prices initially, especially if everyone is trying to exit. Rental yield also gets tricky because there's more competition for tenants. I've seen this happen in many projects near Aavalahalli.