sunil
Q: Hi Casa Rio owners, I heard the area on which the site will contructed is low lying and as its close to river , chances of floods are more. Also they say that every mansoon the area is flooded with water upto 1 floor. This news I got from people who stays in near by Lodha buliding (old). Also day time robberies are common in present Lodha Building. I approached other banks (except HDFC , IDBI and Kotak ) for loan like Axis , State bank and they also raised same concern with builder when builder approached them for loan approval. But builder refused to take any action on this. I am sure a reputed builder wont be so irresponsible while buliding a township. But still I am concerned ! after all its our hard earned money !!
My replies to this discussion
It is an excellend deal for people looking for a long term investment option (minimum 5 years horizon). If you are looking towards rental income, it may be a wrong deal as rentals in the area may not fetch good returns. Also, if you are looking it for self use in near future then it is not good as the project completion will take atleast 3 years from now. One is expected to get good returns post 5 years.It is an excellend deal for people looking for a long term investment option (minimum 5 years horizon). If you are looking towards rental income, it may be a wrong deal as rentals in the area may not fetch good returns. Also, if you are looking it for self use in near future then it is not good as the project completion will take atleast 3 years from now. One is expected to get good returns post 5 years.
the site is in dombivalli near shil phata. it will take you around 15 mins drive from DAKC to reach there.the site is in dombivalli near shil phata. it will take you around 15 mins drive from DAKC to reach there.
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