IS this a safe project to invest in? or will it get delayed?

neeraj udhwani,

4th July 2015

Investment Advice in Bajaj Enchante, Andheri West, Mumbai

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Replies (2)

Hi Neeraj,
Builder is saying that the date of possession will be December'2016. It is my personal advice to you, before investing in any project across the country, check all the legal documents like IOD, CC, approval from the fire department, if it is high rise apartment then Airport Authority approval etc. In that way you can save your hard earned money.

Ramesk Polekar, Mumbai

7th July 2015

Comment

Hi Neeraj,
As far as locality is concerned, Andheri West is one of the most significant parts of Mumbai. Being the largest suburb of Mumbai, it enjoys several attractions right from temples to shopping malls, multiplexes to dinning, education to healthcare, Metro Rail to Airport and much more to suit your lifestyle. It is one of the most vital Commercial Hub that houses special economy zones such as SEEPZ and MIDC. So, investment point of view it is a good locality. Current residential property rate in the locality is between Rs. 18500-24000/sq-ft.

Ramesk Polekar, Mumbai

7th July 2015

Comment

I think Ramesk is right. Andheri West has a good physical, civic and social infrastructure. It has good connectivity and proximity to business areas like SEEPZ & BKC. As a result, apart from sales, it has good demand for rentals. The current Mumbai metro is an example of it. But i am not sure about the delivery date of this project. Nobody can tell you what is going to happen in future with this project.

Ashish Sharma, Mumbai

7th July 2015