Q: Hi, how is this project for consideration. 1) Investment 2) Clean documents without any litigation 3) Scope of appreciation 4) Livability in another 5 years of time
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Hi Vijayaragavan, Rainbow residency is an ongoing project by RK Enterprises. The project is known ti be approved by DTCP and it is open for registrations. The rate per sqft they are quoting is R 375. So if you are planning for investment purpose then I think it is good idea to buy as after say 5-6 years you can expect a very good appreciation because Chickballapur is developing slowly and steadily and moreover BIAL Teck Park is also coming up somewhere near Doddaballapur. This is definitely going to impact the real estate market of Chickballapur :) :)