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Investment advice on RK Township by Magnum Developers

Q: I’m planning to buy a plot in RK Township by Magnum Developers, on Bommasandra Road, Electronic City. I like the location since it is 5km from Infosys and 13-15 KM from Silk Board. For plot the price they are quoting is 1550/sq.ft.
Before doing the site visit, I would like to know if it is worth investing in this project and area?

Reply

Replies (2)
1
Hey Kamal, If you planning to buy a plot for your own use then it is fine and even the rates are also affordable but if you are planning for investment purpose then you can expect appreciation after 5- 6 years.
Sishir


2
Its a pretty big township but I do not think it will be fruitful if you invest in this area. As the area is not so well developed.
Balwinder Singh


3

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