What the broker won't tell you about Palm County's real rental yield
2.8% rental yield for a completed project like Pyramid Palm County seems low on paper. From my experience, listed yields rarely reflect ground reality. What are people actually seeing in terms of monthly rentals for a 3BHK here? I'm trying to gauge the true ROI. Also, with its price band (₹2.60 Cr–₹3.76 Cr), I wonder about the investor-to-end-user ratio. Does a high investor ratio affect resale liquidity long-term? I've seen this pattern before, making exit strategies tricky. Any insights on the secondary market activity here?
Comments
2.8% yield? Mera FD is giving more than that! Pagal bana rahe hain.
What about the possession date? The builder website says June 2023. Has everyone got their keys? And is the price range of ₹2.6 Cr to ₹3.8 Cr still holding, or are there discounts available for completed units? Seeing 116 units, I'd expect some negotiation room.
Possession toh time pe mil gaya (June 2023). But discounts ka toh bhool jao.
I visited Palm County last month. The amenities are good, but bhai, the number of 'For Rent' signs was shocking. It felt more like a rental complex than a residential society. This high investor ratio is a huge red flag for me, especially for resale. Anyone faced issues selling in such projects in Gurugram?
This is crucial. In today's Gurugram market, end-user demand drives appreciation. If it's all investors, they'll undercut each other on rentals and resales. Plus, the current interest rates make high-value investments with low yields even riskier.
Absolutely, U4! My cousin bought in a similar project in Badshahpur a few years back. Same story – mostly investors, low occupancy, and when he tried to sell, no one was interested at a good price. Ended up selling for a loss after 5 years. Liquidity is a real concern.
Exactly my thoughts! 2.8% is abysmal, especially for a project in that price range. Builder brochures always inflate numbers. I've heard Palm County is mostly investor-owned. Does anyone know if there's any actual end-user community developing there, ya bas rent pe hi chal raha hai?
Haan, 70k is a stretch for a 3BHK. I know someone who rented a similar sized unit in a nearby society for 55k. Palm County is in a good location near Airport Road, but the competition is high. Plus, the RERA number is 55 of 2022, so it's relatively new, maybe rentals haven't stabilized yet.
Sahi keh rahe ho. Broker ne bhi 2.5% se zyada nahi bataya. Scam lag raha hai.