Q:
Hi, I am looking to buy a property in medchal athvelly village. It is an individual house and the plan is approved by medchal panchayat but not having HMDA Approval. When asked about the same builder is telling HMDA approval is not neccesary for that as the project is on 6 acres land. and the same is required if only land is more than 10 acres. I need the suggestion for buying the property and also whether to buy or not. With all other things, I am preity much satisfied.
I have a 300 sq. yards plot in Athvelly, Medchal next to Hi-Tech Modern School. Please advise what is the market rate per square yard.I have a 300 sq. yards plot in Athvelly, Medchal next to Hi-Tech Modern School. Please advise what is the market rate per square yard.
My comments to replies
Hi Vijay, As per my observation currently the price trends in this area is approx 7000 to 7300 per sq yard. In coming 3 to 4 yrs Medchal becomes prime residential locality due to well connected with the other parts of the city. It is well connected by train, buses and public transports. School, bank, ATM and hospital are available nearby the locality.
Property prices are in the region 18000/sq.yard now even in Athvelly village.
9th October 2018
I have a 300 sq. yards plot in Athvelly, Medchal next to Hi-Tech Modern School. Please advise what is the market rate per square yard.
One agent is saying 18000/sq.yard and another one is saying 15000/yard...Is there any another agent who can give realistic price for this big size plot in one of the posh areas of Athvelly close to top schools and Badminton hall.
9th October 2018
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