Pallavi, Bangalore
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Feedback for Salarpuria Magnificia project
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 :)

My replies to this discussion
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.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.
My comments to replies
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.
Out of interest, what's the price going on these days for this project? Is there any increase from 4950 as I enquired long time ago. What's their final offer price?
25th April 2012

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