A
Avni Malhotra
posted on 17 MayWhat's the real rental yield at Pushpak Society?
The rental yield in Pushpak Society is absolutely not what was promised. I just got possession in March, and honestly, the actual rents are way lower than projected. It's really affecting my ROI calculations. Things nobody told me... Are other investors seeing this in their units? What are your strategies to improve returns from here?
#pushpak-society#chandigarh-real-estate#rental-yield#investor-returns#roi-concerns
Comments
It's a tough situation for first-time investors like us. We rely heavily on these projections and trust what's marketed. The reality is, rental yields are rarely what's advertised, especially in new developments where infrastructure and amenities are still developing fully. It's a long-term game, but the initial hit on ROI is definitely demotivating. We need to factor in potential vacancies and maintenance costs too, which often get overlooked in initial calculations. There's no quick fix, just patience or a re-evaluation of our investment goals.
Yeh toh bahut serious issue hai. Chandigarh mein rent market itna slow kyun hai aajkal? Is it just Pushpak, or overall market down hai? Kya high interest rates ka bhi asar hai ispe?
Exactly! Plus, so many new projects have come up in New Chandigarh and surrounding areas. Everyone is vying for tenants. Even good societies have vacant units for months. Maybe try offering furnishing as an incentive? I did that in my Saini Majra flat and got a tenant quickly, even if it meant a slightly lower net yield initially.
Overall market down hai bhai. Interest rates bhi high hain, log ab khareedna prefer kar rahe hain over renting, agar afford kar sakte hain.
Mujhe toh lagta hai builders ka yahi strategy hai. Pehle high rental yield dikhao, customers ko attract karo. Phir ek baar possession mil jaaye, toh tumhara problem. My friend had a similar experience with a project near Rasulpur. Unhone toh bola tha IT corridor banega, par abhi tak kuch nahi hua, aur rent expectations poori down hain.
Bhai, aapko kitna rent mil raha hai abhi? Aur kis type ka unit hai? I was looking at Pushpak too, but this is very concerning. Kya problem hai market mein ki rents itne gir gaye?
The issue is clearly supply-demand. Post-COVID, bahut inventory ban gayi hai New Chandigarh area mein. Plus, bahut log investment ke liye le rahe hain, not for self-use, so supply of rental units is high, demand is not catching up. Builders project high rents based on old data or ideal scenarios, which is misleading. Always check ground reality before booking. I checked some similar projects in Mullanpur Garibdass, same story of oversupply.
Haan bhai, same here. 2BHK ka 18-20k se zyada nahi mil raha, even in Manimajra. Pushpak toh New Chandigarh side hai, wahan toh aur kam hoga. Kya karein ab? Koi strategy work nahi kar rahi.
Mujhe 1BHK ka 12-13k mil raha hai, jabki 18k bola tha. Bahut difference hai, ROI calculations toh poori hil gayi hain.
Totally agree yaar! Mera bhi same haal hai. Builders bas bade-bade sapne dikhate hain. Lagta hai ab humein hi koi solution nikalna padega.