Q:Got to know that Godrej properties are coming up with a new project in Chembur in Mumbai. The project's name is Godrej Central? does anyone has details about this project? how is it for investment purpose?
Latest Answer: Hi Guys,
I am interested in this project. Currently they are quoting Rs.1.97cr for a 2BHK in a 30:70 scheme. Even this project has a 30 yrs lease, with possession in another 3.5 years. What do you think about this risk and how can we make sure this risk is minimal ?
Q:Hi, i m looking to buy a 2/3 bhk in kandivali area. but i m little worried about the future prospects. my budget is 40-50 lakhs , please suggest me good upcoming residential projects in kandivali.
Latest Answer: Hey Bikram, not to disappoint you but I think Asttoria project will take a long time to start as the builder has many projects in his pocket but will take lot of time to deliver.. The strategy to me seems to be to only market and sell large number of projects at good prices and invest the proceeds elsewhere but not to start construction.