Sree Balaji Enclave-2 Review

Q: Hi, i have booked a flat in Sree Balaji Enclave-2 in 800 sq-ft. Can anybody tell me its appreciation after 2 years?

Priya Gupta, Kolkata

17th July 2014

Residential Project Review in Sree Balaji Enclave 2, Rajarhat, Kolkata

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Replies (2)

HI everybody,
i am planning to buy a 2BHK property. Can anybody give me project updates with different unit sizes and price? How much is the booking amount?

Alokesh, Kolkata

17th July 2014

Comment

Hi Alokesh,
Sree Balaji Enclave-2 by Sree Balajee Developers has launched a new project at Rajarhat, Kolkata which offers 2/3 BHK residential flats from 800-1040 sq-ft. The current price is Rs. 3200/sq-ft. It is a G+5 storeys apartment consists 24 units.

As per the conversation with the executive, the booking amount will be 20% of the total agreement value.

Rajarshi Gupta, Kolkata

17th July 2014

Thanks Rajarshi,
When is the possession date of Balaji Enclave-2? What is the current status of this project? Is there any ready to move project of this developer in nearby locality? or any similarprojects in the nearby locality?

Alokesh, Kolkata

17th July 2014

WC Alokesh,
It is expected that the possession date will be June'2017. Currently the construction work is in progress and piling work will start after rainy season.

Yes, Their Balaji Enclave-1 is a ready to move project but only few flats like 2 flats in 2BHK and 1 flats in 4BHK are available for booking.

Similar projects nearby:-Unitech Fresco, Tata Housing Avenida, Magnolia Skyview, Residency Manor, Jain Dream Palazzo etc.

Rajarshi Gupta, Kolkata

17th July 2014

One last question,
Which local body has approved this project and which all banks are issuing home loan for this? How much they are charging for covered car parking and how much will be the booking amount?

Alokesh, Kolkata

17th July 2014

Okey,
Balaji Enclave-2 is a Rajarhat Gopalpur Municipal Corporation approved project and almost all the leading banks and financial institution have approved for housing loan.

As per my conversation with their sales head, the booking amount will be 20% of the total agreement and covered car parking charges will be 5 lacs.

Rajarshi Gupta, Kolkata

17th July 2014

Hi,
2 years back the price of residential property in the locality is Rs. 2400/sq-ft and now it is trending between Rs. 3700-3800/sq-ft. After the completion of Rajarhat Expressway which is just 20 feet back from the site the price will raise up to 4500-5000/sq-ft. in one and half years.

Even rental value of a 2BHK residential property is 12000/month.

Rajarshi Gupta, Kolkata

17th July 2014

Comment