Q: I am planning to invest in Olympeo Infrastructure Pvt.Ltd (Riverside Neral project). Can anyone share their past experience with this builder & whether or no one should invest in this project...Would be a good investment decision.?.
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@Savio, As far as project location and connectivity is concerned, Olympeo Riverside is in the prime upcoming node of Neral-Karjat belt. It has iclose proximity to Shelu railway station and 4-lanes Badlapur Khopoli highway, the project further increases the connectivity not only to the suburban local network of Mumbai but also to the near Industrial areas of Badlapur-Ambernath. The Neral-Karjat belt is being widely recognized as the upcoming development node and a natural extension of both Kalyan-Dombivali and Panvel area.
Right Devika, Neral is a town in the District of Maharashtra, located 83 kms from Mumbai in the Karjat tehsil. It consists of 50 sectors and is surrounded by Matunga, Wadala, Boisar, Pen, Badlapur East, Powai, Ghatkopar West, Bandra West, Ghatkopar East and Chembur. It is a part of the Metropolitan region and offers the perfect blend of residential and commercial real estate properties. It has walking distance from Shelu railway station and 2 kms from the 4-lane Badlapur-Karjat Highway, 30 mins from Panvel after the commencement of rail services on the Panvel-Karjat and 10 mins from the Karjat – Murbad – Kalyan highway.
For investment point of view, it looks a good locality but before investment, you have to consider some basic points as neighborhood issues, connectivity to your work place, daily basic facilities from the project site, water and electricity connectivity, all approved documents verification etc. for a safe ride.
Hi Savio, Olympeo Riverside an integrated township spread over 40 Acres. It offers 1500+ apartments of Studio, 1BHK / 2BHK & 3 BHK. It is a gated Community with G+4 & G+7 Buildings with Lift. Sizes of the studio partments will be 298 sq-ft.,1BHK from 391-396 sq-ft., 2BHK in 560 sq-ft. and 3BHK in 694 sq-ft. in G+7 storeys.
Hello Devika, Whereas in G+4 storeys, 1BHK available from 366-498 sq-ft. and 2BHK from 529-552 sq-ft. And its current asking price is Rs.2500/sq-ft.
Thay have all the required approval and HDFC, LIC Housing Fin, DHFL etc. are funding this project. As per the developer, project possession date will be December'2017.