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Should I invest in Xrbia Neral Warai? - Property Hotline
Posted
January 17, 2017
Views
3,374
Likes
13
Comments
8
Engagement
0.62%
January 17, 2017
3,374
13
8
0.62%
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5:28Now PlayingExpert: Amit Goenka, Nisus Finance.
Question: I am planning to invest in Xrbia Developers' project named Xrbia Neral Warai. The builder is providing an easy payment scheme, will it be right to opt for this project and how much appreciation can I expect? Is it good to invest there? I also want to know about the future potential of this location.
Answer: Around 12 large township developments have started in and around Neral. From an affordability perspective and easy payment schemes a lot of attention is going towards this location. Having proximity to Vashi, Nerul, Navi Mumbai etc. It is still a distant choice location wise, it still remains a second home option.Given the sheer volume of development, I feel there are no upsides at least in the next 4-5 years.
With major projects coming up, Xrbia Developers' being one of them, it seems an enormous technical challenge to deliver this project in 3-5 years. Taking into consideration that lot of developments will get delayed and intense competition will continue to put pressure on the prices.These homes are being mainly built for people who cant afford to buy a home in the city and are not a right choice for investors, I would strongly suggest that it is not a great option to be investing in as there are no upsides at all.
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