August 23, 2016
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5:18Now PlayingExpert: Shoeb Sayed, CEO of Property Advisory, Motilal Oswal
Question: I have a 1,900 sq. ft. apartment in Sare Crescent ParC, Phase-3, Gurgaon. I bought it for Rs3,200/sq. ft. Is this is a good investment? When can I expect possession? What kind of appreciation can I expect in the future?
Answer: Sare Cresent ParC is almost ready for possession; Current resale rate is approx. Rs4500 - Rs4600/sq. ft., so you have entered at a very good rate in a good project. Future of this project is good as they have launched new tower at Rs5990/sq. ft. So in another 2 years we can expect a rate of Rs6000/sq. ft. Plus. Sare is 100% FDI funded company and quality of construction and other amenities are excellent.
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