Q:Hello. I am new to the real estate sector. Am planning to make my first investment sometime this year. One of my prospective investments: apartment in Shwas Alpine Homes, Kochi. Any inputs people?
Latest Answer: It is important to know the exact property prices of a place you’re going to invest in, along with the property market rates for the locality where that property is situated in. In this case, the price per square feet for a flat in Shwas Alpine Hones comes up to Rs. 3,500. This is slightly higher than the average market rates in Aluva, which keeps fluctuating between Rs. 3,000 and Rs. 3,200. By the way, you can only get 1 BHKs in Shwas Alpine Homes. Each of these 1 BHKs occupies a space of 500 square feet. So, the price for a 1 BHK unit in this residential project will roughly end up costing you around 17 and a half lakh rupees.
