Project review of Royale avenue

Q: hi, please advise about investing here and what will be the price?

Chandan, Faridabad

3rd June 2014

Residential Project Review in Chiranjeevi Royale Avenue, Burari, Delhi

delhi properties

delhi projects

delhi p zone

new zones

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Hey, is this authorised area?? where are teh approvals from???

Tushar Sinha, Delhi-NCR

3rd June 2014

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Well i was advised that this is a lal dora land which belonged to the earlier village for residence and so is not under DDA... it seems that the flats just gets registered in the buyers name rather than on power of attorney.

Anwar Mohammed, Delhi-NCR

3rd June 2014

This location is in Burari which comes under the new zones P2 as per delhi master plan 2021. The area is not developed and so is good as investment with a horizon of atleast 5-6 years.The price range is Rs 24-28 lkahs for a 2 BHK

Anwar Mohammed, Delhi-NCR

3rd June 2014

Comment

Oh.. ok ..so this are too is not developed?? what is the project completion status??

Chandan, Faridabad

3rd June 2014

Well No this particular project is about 8 kms before the to be developed area and is a fully developed area with commercial area, schools, hospitals, shops and other facilities... about 7 kms from the proposed mukundpur metro station.

The project is under construction and the structure is already completed.. the apartment will be ready for possession by nov 2014.

Anwar Mohammed, Delhi-NCR

3rd June 2014

Ok... and what about financing?? are there any banks giving homeloans here??

Chandan, Faridabad

3rd June 2014

Well i was advised that talks are on with a couple of banks like the LIC and all but as of now a private financer called as Saral Housing Finance is giving loans..

Anwar Mohammed, Delhi-NCR

3rd June 2014