₹4.5 Cr for a floor in Paramount S57 — I'm looking at it for investment. I work in real estate but buying for myself is different. What's the actual rental yield people are seeing there? Also, is the resale market liquid enough, or is it mostly investor-owned properties creating ghost society vibes? Need honest opinions.
Paramount Luxury Floors Sector 57 is a large-scale residential development by Paramount Associates spread across a large land parcel in Sector 57, Gurugram. It comprises 1 towers housing multiple units with 3 BHK from ₹2.06 Cr, 4 BHK from ₹2.75 Cr and comprehensive amenities including Vastu Compliant, Theme Park, Lift(s), Valet Parking, Car Parking, and more.
Yes, Paramount Luxury Floors Sector 57 by Paramount Associates (RERA: Rera Not Applicable) is approved by SBI, HDFC, ICICI, and Axis Bank. With prices starting at ₹2.1 Cr for 3 BHK from ₹2.06 Cr, 4 BHK from ₹2.75 Cr, buyers can avail home loans up to 80–90% of the property value.
Before buying in Paramount Luxury Floors Sector 57, verify the RERA registration (Rera Not Applicable), approved building plan, occupancy certificate timeline, builder's litigation history, and the sale agreement terms. A property lawyer can guide you through this process.
Yes, with RERA registration Rera Not Applicable, booking an under-construction unit at Paramount Luxury Floors Sector 57 is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Paramount Luxury Floors Sector 57.
Paramount Luxury Floors Sector 57 in Sector 57, Gurugram commands strong rental demand given its prime location and quality construction. With prices at ₹14.5K/sq.ft and appreciation of 22.65%, investors typically see rental yields of 3–5% per annum.
Comments
Bhai, 4.5 Cr for a floor in S57 is a huge amount! For a first-time investor, isn't that
₹4.5 Cr for a floor in Paramount S57 — I'm looking at it for investment. I work in real estate but buying for myself is different. What's the actual rental yield people are seeing there? Also, is the resale market liquid enough, or is it mostly investor-owned properties creating ghost society vibes? Need honest opinions.