Q:
As the price is high as compared to other near by projects can you please tell me how good it will be to buy, means is it a good investment? As a first time buyer that to for stay purpose it is always a scary think that is it going be good for the future or not. So need some feedback for Salarpuria Magnificia project. Any suggestion most welcome :)
It's not worth investing in this project considering it as an investment as the price is on the extremely higher side. Even though they have reduced the prices from the original launch price of 5290 per sq feet to 4950 but that price still seems on a higher side. The cost of a 3 bed unit is 1.3 crore. It's extremely up to the individual to buy it or not but for sure it's not for any investment. The other reviews provided seems either from agents or from the builder itself but this is my unbiased opinion. 4500 psqft seems a good bet on this project considering 2 years possession time.
thank you so much Pallavi..I feel it's really out of budget project..I tried to check the final price but they are not reducing it.thanks again :)
22nd April 2012
The price of a 3bhk flat is around Rs 1.23 crores which is really high but then also the project is located at the heart of the city from where the connectivity is also good with the other parts of the city.
that's the point Venkatesh.Price is really high.What do you think about investment on this property?
18th April 2012
Yeah I agree with you Rosa but it depends on the person if the amount is affordable for him and if he is interested in that project.
That's correct Venkatesh..
18th April 2012
It is a good idea to invest in a residential project which is located at Old Madras Road. Old Madras Road is one of the hot spot for real estate market and after few years the locality will be well developed. So it is better to invest now.
Thank you Rajesh for the suggestion.
18th April 2012
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