Is it really worth investing in Ozone Urbana?

Q: Ozone Urbana (or other equivalent big builders) is selling plots in the range of 3000+. Is it really worth? I'm aware that Business Park/ IT parks etc. I still do not see any major signs of any such reality on the grounds. Most of the people buying in Devanahalli is for investment and not for serious dwelling. How many years it will take to even double? Is Devanahalli just a hype, which is already oversold?

Manoj , Apartment Resident

8th December 2012

Investment Advice in Ozone Urbana Township, Devanahalli, Bangalore

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Replies (5)

I just booked in advance my first flat in Devanahalli and feel satisfied with the service of Ozone Urbana Heights. They are building flats in bangalore and giving best facilities at a very competitive price.

Sooraj Krishna,

2nd January 2017

Comment

Township projects typicall have very large gestation periods and the appreciation would be slower initially. Once there is development visibility, the appreciation is much faster. Since the project is in a more strategic location and an integrated development is being planned, the investor is bound to have very long term benefits.

Lalith Kumar, Apartment Resident

28th July 2014

Comment

I think investing in this project will fetch me good returns and the project is also by one of the reputed builder.Need views from people who have already booked a property in this project.

Anthony, Bangalore

4th August 2014

Hi Gopi - Did you book a flat or a plot ? if it is flat are you happy with the progress of the construction

jak, Bangalore

25th August 2013

Comment

Yes. You have to wait at least 5 years before you can see appreciation in prices.
I invested 2 years back in Urbana and my appreciation has been about 50% so far.
So it may take more than 5 years to see good appreciation.

Gopi , Apartment Resident

12th December 2012

Comment

Manoj, if you are planning to invest only in investment perspective, the you can better consider Yelahanka, Airport road, Hebbal and surrounding areas.. Development is faster in these compared to in Devanahalli. But Devanahalli is also good to invest but may be you will have to wait for long for good returns..

debashish, Hyderabad

10th December 2012

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