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Is it safe to invest in an under-construction project?- Property Hotline
Posted
July 4, 2016
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585
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July 4, 2016
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3:49Now PlayingBe Un Confused
Expert: Amit Goenka Managing Director& CEO at Nisus Finance.
Question: I’m looking for an investment in Prestige Sunrise Park in the electronic city Bangalore. I want to know whether I should wait for some time or should I go with it? It is an under construction property and I will get possession by next August. I have shortlisted two 1) Prestige Sunrise Park 2) Shriram properties
Answer: Prestige and Shriram both are good products. Prestige is about to near its completion so the risk there is not very high. As we recommend in looking something which is already complete or nearing completion so that makes it to the checkbox. There are few other options which are slightly cheaper but ready to move in, they are Aratt Requizza, DLF Maiden Heights, and Concorde Wind Rush. And Coming to Prestige Sunrise there is no risk in investing, it is a good choice.
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