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Is SBP Homes in Mohali a good investment bet?- Property hotline
Posted
October 4, 2016
Views
3,148
Likes
14
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October 4, 2016
3,148
14
9
0.73%
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2:01
2:10Now PlayingExpert: Jayashree Kurup, Head Content and Research at Magicbricks.com
Question: I want to buy a flat in SBP Homes at Sector 126 in Mohali. They are selling a 3 BHK sized 1,510 sq. ft. for Rs 37 lakhs. Is this a good investment bet?
Answer: SBP Homes by SBP Group is offering 1, 2 and 3BHK apartments ready-to-move-in apartments at Rs 2,200 - Rs 3,000 per sq. ft. 3BHK units of 1510 - 1810 sq. ft. are available for Rs 34 – Rs 55 lakhs. Most banks are willing to finance the project. All basic amenities are available in the project which is also well connected to Chandigarh and the airport. Chandigarh market does not have strong economic drivers and so it is an end user market and not an investor's market.
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