June 27, 2016
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5:11Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head of Content & Research at Magicbricks.com
Question: I'm planning to invest in SKR Group's New Friends Society at NH-24 in Ghaziabad. I have a budget of Rs 30 lakh. I plan to hold the property for 3-5 years. Is this a good project to invest in? I also want to know about the future prospects of NH-24 as an investment location.
Answer: New Friends Society has witnessed an appreciation of 20% in the last 2 years.
The location is a little away from social infrastructure so decide accordingly.
It is a developing locality which would fetch returns in future. SKR is a local developer, and has priced the plots at Rs 8,000 per sq yd.
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