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Should I buy under-construction property at 49.5 lk in Ghodbunder Rd? - Property Hotline
Posted
February 7, 2017
Views
85
February 7, 2017
85
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3:44Now PlayingExpert: Ashwinder Raj Singh, JLL India
Question: My total income is Rs.51000. I am planning to buy a property near Ghodbunder Rd. by Vihang developers for Rs. 49.5 lakh. The possession is expected in December 2018. Is it a good deal to go ahead with?
Answer: The developer you are looking at is a good developer with a good track record. The average price you can expect for completed projects in this area is around Rs. 8500 - Rs. 9000 per sq. ft. and Rs.7500 - Rs.8000 per sq. ft. for pre-launch projects. From that perceptive, you are being offered the property at a good rate. The area does not really have great social infrastructure. But that isn’t a problem as you can avail the facilities within 5kms. There are certain other projects in progress nearby if you wish to discover. Overall, it’s a good project by Vihang developers which you’re planning to buy and you can surely go ahead with.
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