J
Jai Arora
What's the real deal with Kodre Blossom Park Building A?
Kodre Blossom Park Building A in Pune keeps coming up in my search. I'm based in Dubai, so can't do site visits easily, which makes me extra cautious. The ₹92.66 L–₹99.98 L price for an upcoming project looks okay, but I'm really concerned about the under-construction risks. What's Kodre's actual delivery track record like? Do they usually stick to timelines, or are delays common? Also, from an investor perspective, what's the realistic rental yield in that area for a 2BHK? I need a decent ROI, and managing remotely means relying heavily on a property manager. Is the resale market liquid enough if I plan to exit in 5-7 years? Any insights on the builder or project would be super helpful.
#kodre-blossom-park#project-delivery#rental-yield#investor-advice#pune-real-estate
Comments
Actually, I disagree with the general negative sentiment. Kodre has been improving. My cousin booked a flat with them in Amanora Park Town 3 years ago and while there was a slight delay of 6 months, the quality was good. They even compensated for the delay. The RERA number P52100080586 shows it's registered, which is a good sign. Upcoming projects sometimes offer better appreciation if delivered on time, so
Bhai, Kodre ka track record utna accha nahi hai, especially with their older projects. I've heard stories about delays, sometimes 1-2 years. For an upcoming project at almost ₹1 Crore, that's a huge risk. Better to look at something ready-to-move-in if you're not here to monitor it.
Kodre Blossom Park Building A in Pune keeps coming up in my search. I'm based in Dubai, so can't do site visits easily, which makes me extra cautious. The ₹92.66 L–₹99.98 L price for an upcoming project looks okay, but I'm really concerned about the under-construction risks. What's Kodre's actual delivery track record like? Do they usually stick to timelines, or are delays common? Also, from an investor perspective, what's the realistic rental yield in that area for a 2BHK? I need a decent ROI, and managing remotely means relying heavily on a property manager. Is the resale market liquid enough if I plan to exit in 5-7 years? Any insights on the builder or project would be super helpful.
Dekho, rental yield in that specific area (let's say near Sinhagad Road, if that's where this project is) for a 2BHK is usually 2-3% max. With property managers taking their cut, your ROI might not be what you expect. Resale for smaller units is decent, but depends heavily on the project's quality and amenities, so liquidity is okay but not super fast.
Totally agree with your concerns, especially from Dubai. Under-construction is always a gamble, especially with such a big amount.