Shikhar Balaji Skyz project review

Q: Hey, expat here. Moving back to my beloved India after a long span of 10 years. Looking to buy a property in Indore for me, my wife and my two kids. Any recommendations regarding which residential project and locality? I saw the Shikhar Balaji Skyz project, is it any good? Also, how is the locality?

Akshay Sethi, Indore

7th June 2014

Residential Project Review in Shikhar Balaji Skyz, Nipania, Indore

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Replies (4)

Hey you can even get 4bhk apartments here. Its a steal, because you get all 2278 square feet for just Rs 61 lacs. That is value for money; the location of the project and the project specifications itself will more than make up for the investment amount. All luxury amenities are provided within the project premises itself. There are swimming pools, gym, badminton court, library, indoor gaming facilities, other recreational facilities, 24 hour power back up and excellent maintenance and security staff.

Prateek Mishra, Indore

10th June 2014

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Yeah, he is right. The apartments are all priced at Rs 2700 per square foot, which is a quite reasonable amount, considering the locality and the project. Negotiations are always possible, to bring down the price amount, especially if you book the apartments early. The possession date has been crossed, it was on May 2014, but I think some apartments are still available under this project. Its a green signal from my end for this project! You should invest.

Wasim Iqbal, Indore

10th June 2014

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Hey, what kind of property are you looking for exactly? The Shikhar Balaji Skyz project has the usual 1, 2, 3 and 4bhk apartments. I’m guessing that since there are 4 of you, you will be looking for at least a 2 or a 3bhk. The 2bhks come in two sizes of 939 and 1105 square feet. These will cost you between Rs 25 to 30 lacs. The 3bhks come in two sizes as well, 1488 and 1760 square feet and will cost you between Rs 40 and 47 lacs.

Naveen Jaitley, Indore

8th June 2014

Comment

Hey there, welcome back to India. I’m glad that you’ve chosen Indore to invest in, a lot of expats are investing in properties in Indore, since there is a lot of scope for growth in the real estate sector of this city. The project that you have enquired about, the Shikhar Balaji Skyz is located in one of the best localities in the city. It lies on A.B. Road which is the main arterial road running through the city. I’ve looked into the project and it looks quite good. The approvals and the paperwork seem to be all in place, you can go ahead with your investment.

Rashika Mahajan, Indore

7th June 2014

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