Q: Hey I am really interested in investing in a small gated community. I work at the IT Crystal Park, that’s why want to invest in Khandwa road only. Can people suggest some nice and affordable 2-3 BHK flats in small gated communities in that area?
Hey, I got some additional information from the commonfloor page (http://www.commonfloor.com/sarthak-vihar-indore/povp-0cp2wo) These Sarthak Vihar people don’t just have apartments, they also have plots and row houses/villas. But, I also found out from somewhere else that there are about 125 apartment and flats and about 50 rowhouses, but all the row houses are sold by the builder, and only about 30-35 apartments left for sale. The per sq. ft price given by these people is also pretty lower than average khandwa rate. Their price is close to Rs. 1700 per sq. ft and average rate going on in Khandwa road is Rs.2,200 per sq. ft.
Hey, there is another good one in this area called Sarthak Vihar. This is a 7 acre project and has 4 blocks within the gated community. You will find both commercial shops and apartment for sale. Since, they have commercial shops also you can be assured of the area not being deserted in the future. There are basic amenities also offered here like kids play, park, gym, security, etc. But,I agree that the facilities are not as many as Shanti Dham. But, I think that is compensated with the price. A 895 - 1200 sq. ft apartment will cost you round 15 lacs- 20.5 lacs.
Hey that’s correct Shanti Dham is a gated community and these people are offering good amenities also. I was going through their brochure they have private garden/terrace, swimming pool, clubhouse, gym, shopping center, maintenance staff, and so on. So, if you see amenities wise it is not a small gated community, but not too many units so that satisfies your criteria of small gated community. They are offering a price per sq. ft of around Rs.2,200. So it’ll cost you around 23 to 24 lacs.
Hey there is this property called Shanti Dham, somewhere behind the Queens College in Khandwa road. I think that might be a nice property for you to consider. If you don’t know where queen’s college is, it is near the New Rani bagh. Best thing for you is this place is only about 3 kms from the Crystal IT park. I don’t really know what all amenities are there in this project, but it is definitely a gated community. You will find 2BHKs here with an area covering 1050 sq. ft.