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Real Estate Forum on Investment In Golf Course Extension

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Q: GCE Road is one area where your property will be rented as soon as it is completed.

Latest Answer: Hi Rajesh, Apartments here were selling for Rs 2,600 per square foot five years ago, whereas prices have now touched Rs 7,000-11,000 per square foot. Over the past one year, the market has been largely stagnant with only properties nearing completion registering appreciation of 10-15%. Market watchers say that projects on GCE Road located close to Golf Course Road will see prices appreciate and nearly match prices on Golf Course Road itself, where the current rates are Rs 13,00015,000 per square foot.
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