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What are the future prospects of RG Luxury Homes?- Property hotline
Posted
September 5, 2016
Views
2,349
Likes
6
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September 5, 2016
2,349
6
0.26%
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5:24Now PlayingExpert: Arvind Nandan, Director, South Asia - Value & Advisory Services at Colliers International.
Question: I bought a property in RG Luxury Homes in Noida Extension in 2012. The rates are not increasing and the builder is not working on property. Should I hold or sell it?
Answer: Stagnant prices at about Rs3250/sq. ft. Rs55 - Rs56 lakhs. On top of this base rate, other additions like Floor PLC, View PLC, etc., may be there, leading to higher price. Possession is reported in Mar-2017. Sell if you can find a buyer or surrender back or approach industry platforms (like CREDAI).
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