Price correction in Patel Smondo 4

Q: I am interested in buying a property in this project and I heard that they have made some changes in the rate per sqft. I want to know what is the price per sqft going on in Smondo 4

Pranab Malakar,

9th December 2013

Residential Project Review in Bangalore

bangalore real estate

smondoville

apartments in bangalore

projects in bangalore

smondo 4

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Replies (3)

Is it a good idea to invest in project and Electronic City Phase I?

Pranab Malakar,

9th December 2013

Comment

If you are looking for a short term invest I would advice you invest in EC Phase I as the area is already developed and all big and branded builder already have their presence in Phase I. But if you are looking for a long term investment you can consider EC Phase 2 as this area will take time for development and till now no reputed builders have come up with their project. EC Phase II is getting developed slowly and the real estate is also booming. Once the proposed PRR gets functional you can expect a good return from Phase II.

Chetan Hansraj, Bangalore

9th December 2013

After having sold over thousands of apartments in Smondoville, Smondo 2 and 3 within few months, Patel Realty India Limited announced the pre launch of the 4th phase of its integrated township project Smondo-4 at Neotown. So I feel investing in this project will give you good returns.

Bhaskaran, Bangalore

9th December 2013

Even I called me few weeks back and for me they are quoting Rs 3500 and they said that they have increased the size of the flat and reduced the price.

Parag Shukla, Bangalore

9th December 2013

Comment

Hey Pranab, the builder has reduced the price to Rs 3450 from Rs 3650 which was their pre launch price. They are telling that they will increase the price to Rs 3900 after the launch. Do not know why they have decreased the price. :( :(

Bhargav Dev, Bangalore

9th December 2013

Comment