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Is Godrej serenity in Chembur-Deonar a good investment bet?- Property Hotline
Posted
November 28, 2016
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November 28, 2016
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4:19Now PlayingExpert: Khurshed Gandhi, Managing Director of Consulting Services at Cushman and Wakefield India.
Question: How is Godrej serenity in Chembur Deonar. I have invested in a 540 sq. ft. at Rs 1.45 crore. The building is ready. Is it a good investment?
Answer: Godrej has great record of delivery. Cehmbur-Deonar market has seen high-end premium developers such as Raheja. This micro market has improved connectivity and a commercial hub. Also this market offers high-end projects with 3BHK and 4BHK apartments. Godrej Serenity charges Rs22,000 – Rs 25,000 per sq. ft. 3BHK flats sized at 1400 sq. ft. are available. It is better to hold for next 12 to 24 months for good rental yields.
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