October 4, 2016
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2:01
2:12Now PlayingExpert: Jayashree Kurup, Head Content and Research at Magicbricks.com
Question: I invested in a 3000 sq. ft. plot in Ferns Manor at Doddaballapur, Bengaluru. I invested around 3-4 years ago. What kind of appreciation can I expect from this project? Should I hold or sell it?
Answer: Current value for Ferns Manor is Rs 2,300 per sq. ft. and the starting price is Rs 60 lakhs onwards for the plots. The size available in the project is 2400 - 5000 sq. ft. The project is on the main Doddaballapur Road in close proximity to Devanhalli, near the International Airport. It has total 153 units. The current value at Devanhalli is approximately Rs 4,600 per sq. ft. Devanhalli is an established locality with a good social infrastructure.
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