Review of Astonishia apartment

Q: Hello, please advice if this is a good project to invest?

Indranil, Gurgaon

18th March 2014

Residential Project Review in Siang Astonishia Service Apartment, NH-8, Neemrana

neemrana properties

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Replies (2)

Thanks for the information, please update on the locality and what amenities are being provided.. has the work started ?

Sayatani, Gurgaon

18th March 2014

Comment

Well Sayatani, the project is just strting construction with work on teh boundary wall ongoing.it will take another 3 years for the project to be completed..
the locationis quite goos as near the office of hero moto coro and the EPIP zone at neemrana..schools like Raath international school and hospital slike kailash hospital is nearby and so is the RIICo industrial area....overall good invetment.

Pooja Patil, Bhiwadi

18th March 2014

Hey, i would like to add that the company expects around 15% annual returns from the property for the investors and also since there is shortage of housing at present in neemrana, quite high rentals are foreseen..

Karan Manjrekar, Bhiwadi

18th March 2014

Hi Indranil, the project is good and from a builder who has made a name for itself in the market...Siang Infratech. On offer in these are studio apartments as well as shops and office spaces.. Upto the 3rd floor shops and office s and planned and there after around 400 units of studio apartments..

Pooja Patil, Bhiwadi

18th March 2014

Comment

Thanks Pooja, What is the size of the apartments and how much is the cost?

Indranil, Gurgaon

18th March 2014

Well the size is around 471sqft and the proce is rs 3500/sqft +other charges ..so can say overall you need to put in around Rs 18Lakhs all inclusive.

Pooja Patil, Bhiwadi

18th March 2014

Ok..what are the provision of loans?? are there any banks attached to this?? how about the government approvals??

Indranil, Gurgaon

18th March 2014

Well as far as I am aware, the government approvals and paperworks are all in place.. talks are ongoing with banks like HDFC and LIC for loans.. the papaers are expected to be processed soon and hopefully for 70% of the amount.

Pooja Patil, Bhiwadi

18th March 2014