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Arijit Sen
Will ₹2.65 Cr luxury floors give decent ROI in Faridabad?
Faridabad keeps coming up every time I check rental yields for higher budget segments. Goyal Luxury Floors By Rahul Mangla upcoming stage pe ₹2.65 Cr quote kar rahe hain. First-time investor hoon, so honestly thoda nervous feel ho raha hai. Discovered after talking to a few local brokers that floor rentals rarely cross 2.5% here, so everything depends on capital appreciation. Actually wait, 5 saal baad exit strategy kya hogi? Kis type ka buyer ₹3 Cr+ dega secondary market mein? My parents keep saying safe raho, ab samajh nahi aa raha. Anyone tracking this project?
#faridabad#roi-potential#rental-yield#first-time-buyer
Comments
Did you finally visit the site or speak to them again? Main bhi shortlist kar raha tha but sabke comments padhke ab samajh nahi aa raha kya decision loon, full confusion mode chal raha hai.
Actually mere friend ne Goyal Luxury Floors By Rahul Mangla ke baare mein pucha tha office mein. Problem ye hai ki 4 units mein luxury amenities jaise clubhouse ya swimming pool nahi hota, but price tags gated societies se match kar rahe hain. 2026-04-01 possession date bol toh rahe hain but independent builders rarely deliver exact date pe. Agar market stagnant raha toh 3 Cr secondary market mein kaun dega when people can get full-fledged gated societies in that bracket? Still, agar kisi ko low-density, quiet living chahiye with privacy, maybe unke liye sense bane.
Maine last month Sector 35 ke paas do properties dekhi thi. Wahan ke local brokers bol rahe hain ki 2.7 Cr range mein end-users shift ho rahe hain, but pure investment point of view se enter karna suicidal lagta hai. Rental yield yahan 2.5% se upar jaati nahi, EMI ka fraction bhi cover nahi hoga. Agar capital appreciation nahi aayi next 4-5 years toh capital block ho jayega na?
True, rental income ke bharose toh 2.7 Cr bilkul justify nahi hota. 50-60k rent ke liye itna bada loan lena is huge risk.
Bhai capital block hona is my worst nightmare. Ek baar fas gaye toh discount dekar bechna padega, exactly what my cousin had to do in Greater Faridabad.
Direct answer to your question: official possession date April 2026 hai, matlab 2026-04-01 committed stage hai. But honestly, RERA is Not Applicable here because total units hi sirf 4 hain. Ye sunke meri toh halat kharab ho gayi thi when I checked the documents. If things go south or delay happens, builder pe legal pressure banana normal buyers ke liye bohot tough ho jata hai, especially when it is your hard-earned life savings.
Wahi toh problem hai chote floor projects mein. Ground reality is Faridabad market mein resale of floors above 2.5 Cr moves at turtle speed unless location Sector 35 jaisi demand pocket mein na ho.
Wait, RERA Not Applicable? Only 4 units? Ye toh mujhe bilkul nahi pata tha, I thought every new luxury project needed RERA. Ab toh bilkul confidence drop ho gaya.
Bhai 2.65 Cr sunke hi heart rate badh gaya mera. Builder quotation 2.7 Cr tak stretch kar raha hai actual mein. As a first-time buyer with strict budget limits, itna heavy amount Faridabad ke independent floor mein daalna makes me so anxious. Exit strategy wala point valid hai, secondary buyer milega bhi ya nahi?
Arey wait, what is the exact possession timeline they are committing on paper? Any idea?
Sach bataun toh mujhe bhi yahi darr lagta hai. My family was also telling me to stick to safer group housing projects instead of betting on independent floors at this ticket size.