Ruchi Lifescapes project review

Q: Any further updates on the Ruchi Lifescapes project? I was interested in buying an apartment there for my family. Can anyone provide some in-depth information about this project? Thanks!

Arjun Singh Ranawat, Indore

12th June 2014

Residential Project Review in Ruchi Lifescapes, AB Bypass Road, Indore

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Replies (4)

Hey there are 3bhk villas as well, which are priced at Rs. 68 lakhs. Other than these, you could also check out the row houses. These are 3bhks and have a built-up area size of around 1900 square feet, and will cost you Rs 47 lakhs. The project has received approvals from, major banks like HDFC, ICICI, SBI and LIC Housing Finance Ltd. The possession date has been announced as end of next year i.e. December 2015, so you still have some time on hand. If you make the booking early, you might be able to make some negotiations on the price.

Rashika Mahajan, Indore

13th June 2014

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Yes, the apartments are really nice. However, do check out the villas too. These are mostly for large families. Since you are looking to buy a family home, I’d suggest you to consider these villas. If yours is a large family, then you can go for the 4 or 5bhk villas. The 4bhks come in an area size of 2676 square feet and will cost you around Rs 75 lacs. The 5bhk villas come in different area sizes between 3166 and 4204 square feet, and will cost you between Rs 1.05 crores to Rs. 1.30 crores.

Vaibhavi Jain, Indore

13th June 2014

Comment

Hey, yeah I think it will be a good investment decision, but not just because of the locality. The project has different types of units under it; there are apartments, villas, row houses, as well as individual plots. So you have a wide range of options to choose from. The apartments are the usual 2 and 3bhks, with a square foot area price of Rs 2400 and Rs 2500. So if you want a 2bhk, you will have to pay Rs 25.3 lacs, and if you want to get a 3bhk apartment you will have to pay Rs. 34.7 lacs.

Aditya Jogi, Indore

13th June 2014

Comment

Hi, good call on the Ruchi Lifescapes project. I think its a good investment choice, mainly because the location of the project is one of the best in Indore. I mean, living in Jhalaria is in itself a good decision, but the best thing about this project is that it is close to the Shishukunj School, which is a major educational institute in this area.

Prateek Mishra, Indore

13th June 2014

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