Hey I agree with everybody, I think it would be a smart investment, considering the locality. Coimbatore real estate is really climbing the ladders, so investing anywhere in this city is a smart idea, but Mettupalayam Road is one of those in-demand localities, where there is always a rush for any new interesting projects. So from purely an investment point of view, you will stand to gain a lot by buying an apartment at the Marutham Galaxy project.
Yeah this project is pretty awesome. I particularly like the locality; I think it is quite affordable considering that Mettupalayam Road is one of the most sought after residential locality in Coimbatore. If you book an apartment in the Marutham Galaxy now, you will get it at the time of possession only, which has been announced to be on March 2015. I like the overall structure of the project and I think you should invest here.
I can give you a bit more information about the project if you want. The 1bhks are available in areas between 690 to 740 square feet and will cost you around Rs 22 to 24 lacs. The 2bhks are available in built-up area sizes between 825 and 1220 square feet, so that will cost you between Rs 26 to 39 lacs. The 3bhks are available in built-up area sizes between 1135 and 1465 square feet, so that will cost you between Rs 36 to 47 lacs.
Hey, I think you will be able to book an apartment in the Marutham Galaxy project right now if you wanted to. But I’d suggest you to do it asap, because then you can actually negotiate with the builder for a lower price rate than the standard Rs 3200 per square foot. The prices might go up closer to the date of possession, which is at the end of first quarter, next year. You can invest in the property.