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I am working in E city and and I am planning to buy an apartment in this locality. What is the current rate per sqft going on and how big is the project? Can I take bank loan from SBI for this project?
The present rate going on is Rs 2750 and the project has been approved by banks like LIC, SBI, IDBI, Indian Bank. The project is spread over 5 acres of land with 392 apartments.
I have visited the project as well as talked with the builder and it was nice. They have got approvals from BDA and five leading banks. There are 5 blocks out of which 4 of them are sold out and the last block is already completed. But I am bit confused whether to buy or not as i have read some reviews about the project that there are many problems in this project and owners are facing hell lot of problems.