Should I Invest in Triumph City Palms or Elysium Gardenia?
Q: Hey guys, a friend of mine is moving from Vishakapatnam to Coimbatore with his family. He wants to invest in a property in Ramanathapuram. I've been helping him narrow down properties. Now, we are confused between 2 properties - Elysium Gardenia and Triumph City Palms. Please tell me which one is better in terms of area in Ramanathapuram, better builder, price, amenities, basically anything and everything you can think of. Thank you very much.
I don’t really agree with that prediction. Elysium properties are good, and if they are well maintained then prices will still go up with the locality. If you see rent wise, apartments in Elysium Gardenia are renting out at an average of Rs.22,000. It is much lesser in Triumph City. Also, amenities wise, I don’t think there’s any confusion, both are providing normal amenities. If Triumph has tennis court, then Gardenia has fully automatic laundry machines attached in the stilt floors for residents to use. It all comes down to your budget man. Both are similar properties, but almost 20 lacs price difference. I hope you can make a decision, good luck man
Hmm yea, also, Elysium Gardenia is pretty old man, almost 5 years old. It doesn't look old and worn out and all, but when you compare with Triumph city, which has been ready to move only since like March 2013, it won’t seem brand new. Also, I believe Triumph City Palms, builder is selling few flats, Elysium Gardenia all resale flats only. Builder has sold all the flats. I would go for Triumph City, because its’ still new, prices will go up a lot more. Elysium Gardenia is already like 5-6 years old, there are chances that prices won’t soar too much for too long here.
True that, Triumph City property is very close to the Olympus bus stop, very close to other residential projects by Mayflower, Deccan, all in and around the Dr.Munisamy nagar. Very close to Alvernia school, perks school, etc. However, I think the prices in Krishna colony are high, and I think the property you are talking about Elysium Gardenia has resale properties and people are selling it for for more than a crore. In, Triumph city almost same area apartments will cost less than 80 lacs.
To start with, both are equally good properties, I guess that’s why the dilemma. But, location wise I think Elysium Gardenia is better. It is in Krishna Colony, which is very close to both Avinashi Road and Trichy road, both in parallel lanes to either side of the property. It is also close to the Ramanathapuram junction. Krishna Colony has many other residential properties, actually another one from Elysium itself, called Elysium Oyster. However, I think the schools and colleges from this colony will be not be as close as it would be to Triumph City property.