Buying property in Tata project

Q: Buying property in Tata project Ariana. How is Tata project - Ariana for investment? What are the present prices and please share other details.

Alokesh, Kolkata

27th June 2013

Investment Advice in Bhubaneswar

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Replies (3)

Actually all builders in Bhubaneswar are playing wait and watch game. For both residential and investment purpose i would say it is simply not wise. For investment i dont think any one will get an End user who will buy the property with such a high cost.

Viper Demon,

31st March 2014

Comment

Hi Viper,
I appreciate that but most of the project booked by the invester in begining and they hold the property till possession and then they resale the same property at higher rate. Very few are the end user who buy at begining & such a high rate.

Abhishke Karule, Mumbai

10th April 2014

Well,
Can you tell me how is the locality? What is the current status of the project?

Srikumar Nair,

10th April 2014

Hi Sri,
Project is strategically located at Shankarpur in Bhubaneshwar and has well connectivity to all the major destination to the needs of the todays generation. Starting from schools to colleges, markets to malls, hospitals to airport as well highway all are being located within the close proximity of this project.
It is ongoing project and construction work is still going on in full pace.

Abhishke Karule, Mumbai

10th April 2014

Yes I agree that Tata Ariana could be a nice residential property with well equipped materials without compromising on quality but the prices are simply too high for Bhubaneswar. Pricing 31 Lacs for a 1 BHK and 53 Lacs for a 2 BHK (with possession in 2017) is mot very attracrive. The response seems to be a bit negative. The buyers that have gone on board have done so because of the face value of Tata. I think is the price is reduced, which is not likely to happen, there will be more demand. As of now it’s a little too expensive for whatever it is offering.

Shivshankar, Delhi-NCR

30th June 2013

Comment

Ariana by Tata Housing may have the name of the bigwig Tata business group but response so far has been quite lukewarm. Also in the first stage they are offering only 1 BHK. Located close to National Highway number 5 is an advantage but with its price of Rs 4000 per square feet for1 BHK, the prime performance ratio does not seem to be right. I would suggest you to wait and watch before deciding on the property just on the name of Tata. The brochure of Tata Ariana does not have much details apart from a lush green landscape.

Harilal, Delhi-NCR

30th June 2013

Comment

How is the price range in Tata project ?

Manisha Soori, Gurgaon

1st July 2013

Rs 4000 per square feet for1 BHK, for 2bhk the price is on request . Possession in 2017.

Ravi Waghmare, Mumbai

1st July 2013

Hope Tata Ariana would be nice residential area..

Anil Choudhary, Kolkata

1st July 2013

Yes , the Tata Ariana could be a nice residential property but the prices are simply too high for Bhubaneswar. Pricing 31 Lacs for a 1 BHK and 53 Lacs for a 2 BHK (with possession in 2017) . The response seems to be a bit negative.

Ravi Waghmare, Mumbai

1st July 2013

oh really... i thought Tata Ariana will do good..:/

Anil Choudhary, Kolkata

1st July 2013

If its negative response...then they will reduce the price ..

Anil Choudhary, Kolkata

1st July 2013