Q: Has anyone heard about Atlantis Project from Sizzle properties. It is located in Hoskote Malur road. I want to know about the area and price and whether it is good for investment or not.
The project has been approved by Malur Planning Authority and the project is spread over 5 acres of land parcel. The project is located off the Hoskote – Malur Highway. It is just 10 minutes drive from Old Madras Road/ Hoskote. Being adjacent to the highway, this location is the best, one can expect to live.
In builder website it is mentioned that the project is spread over 7 acres and 14 guntas of land and you are telling it is 5 acres of land. Please clarify.
The rate per sqft going on in Atlantis is Rs 950. The size of the plots ranges from Rs 1200 sqft to Rs 2000 sqft. The average selling price of the plot ranges from Rs 8.55 lakhs to Rs 22.40 lakhs approximately.