November 28, 2016
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2:27Now PlayingExpert: Khurshed Gandhi, Managing Director of Consulting Services at Cushman and Wakefield India.
Question: I purchased a 3BHK (1557 super built up/ 1110 carpet) at Lodha Splendora in Thane at Rs 9700/ sq. ft. Is it a good deal? What is the expected price after demonetisation?
Answer: Lodha Splendora is located on Ghodbunder Road. It is a mini-township. This project will be completed by December 2017. It ranges from Rs 7000 – Rs 7500 per sq. ft. Lodha is a premium runner in the market. You can expect rental yields at 4% - 5% p.a. It is a buyer’s market. You should hold on to the property because it is a good project.
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