Is Investing in Mayflower Annapoorna Garden a good Idea?
Q: Hey guys, what do you think of Mayflower Annapoorna Garden? Do you think it is a good investment in Villa- Price wise, location wise? What about builder? Is it a good builder? Are there any other projects by the builder? Please share information and your suggestions.
Well, that’s true. Few people might think there’s not enough space because they would want to have little extra garden space and stuff. But, if you see most gated community villas, this will be a common problem. These villas are more like compact villas, for compact living. Also, I see that this Mayflower Annapoorna Villas are being sold at Rs.8,300 per sqft that is close to Rs. 1.35 Cr for a villa. Isn't the average rate close to Rs.6, 600 in this area?
Haha, I liked how you said “Oh ho, very nice area”. It indeed is. Mayflower people are selling 3BHK villas here of area 1624 sqft. I don’t think the villas are huge and all, they seem average sized for 1624 sqft. Also, one more thing I noticed, that there isn't ample space between two villas. For my taste, it is a little cramped. They don’t share walls, but if you buy a villa, then I think you need little more space between two villas, than they are giving.
Yea true, Mayflower projects are usually very reliable, so you don’t have to worry about that. Talking about location, Ramanathapuram is one of the best residential locations in Coimbatore. It is very nice for family living and all, quiet, peaceful, easily accessible. If you go check out the property trends in Ramanathapuram, you will see that properties are selling at very high rates. If I’m not wrong, Annapoorna Garden is behind Dr. Munisamy Nagar. Oh ho, very nice area. Lot of residential properties in that area.
Mayflower properties are good, no doubt about that. Mayflower enterprises are reputed builders, and have many projects, completed, ongoing, and upcoming in and around Coimbatore. So builder wise, you have nothing to worry. They have some renowned projects in the neighborhood of Avinashi road, Ramanathapuram, Peelamedu, etc. I think people who live in Avinashi road would have heard of Mayflower Grandeur. It’s reselling at a good price and very good rent also.