Electronic City is a better option for investment and you can also except good returns in the coming future because of the PRR project. You can also get good returns as some may offices are there. The region is well developed and has many reputed IT companies, industries and residential spaces. It also has some of the reputed educational institutions and hospitals to give better facility to the residents.
Godrej E-City is a low rise development spread over approximately 15 acres. The project is located in Electronic City Phase-1, with close proximity to NICE road and elevated expressway on Hosur Road. Major junctions like Sarjapur or ORR and Silk board can be easily accessed through the well-developed road network. Investing in this project can get you good appreciation in the coming days
Hey Vaibhav, Who has approved the project? Any idea if flats are available for sale in Phase I or in Phase II? What is the rate per sqft the builder is quoting for Phase III?
As far as I know Phase I and Phase II is completed sold out. BDA and bank approvals is still pending for Phase III. The rate per sqft the builder is quoting is Rs 4000 and they are expecting to give the possession by end of 2016.
Hi latika, They are launching Phase III on 14th of next month. It is a G+4 structure and a 2 bhk apartment with size 1028 sqft will cost you around Rs 49 lakhs excluding registration.