Q: I was planning to construct a house in Shadnagar by buying a plot and came across Mahathar Township Phase II. Is it good enough? Are there any residential layouts nearby?
It is approved by Directorate of Town and City Planning and it offers a couple of really good ameniteis to woo the buyers. They will have a garden, a swimming pool, a play area, a rain water harvesting facility, a club house, community. Basically, they provide everything except a home.
Prices here range from Rs. 2.75 lakhs to Rs.3.80 lakhs for plots that have sq. feet areas that go from 1305 sq. feet to 1800 sq. feet. Another variant available here is 1485 sq. feet which costs Rs. 3.13 lakhs. Which I think is a good place to invest in. You can also get long term beefits out of this.
Yes. Possession date here is from June this year, so you still have plenty of time to decide. Also price per sq. feet is at around Rs. 200. This place has good connectivity to the airport and the bangalore, mumbai and vijayavada highway.
Rudra Sree Housing are the developers for this. It is located near the Anjaneeya Temple in Raikal of Shadnagar. As of what the builders said this place will have about 100 to 500 plots up from sale once it is constructed.