Tue Mar 5, 2013
How are the flats in sector 74 mohali vis-a-vis investment and possible relocation in future ? I am thinking to invest in that and got the following information:
1,2 and 3 BHK flats are available in the project. The size of various flats are:
1 BHK-500 Sq. Ft.
2 BHK-900 Sq. Ft.
3 BHK-1250 Sq. Ft.
The flats are priced from 12.5Lacs for 1BHK to 33Lacs for 3BHK. Construction linked payment plans are available which give you the flexibility of making the payment streched over 18months(possession is poised to happen in 18 months).
The project is by Bajwa developers who have already given possession to atleast 800 acres of land in Sunny enclave GMADA.
The project is located at very prime location i.e very near to industrial sectors and sector 90, 91(Janta Land).
Bajwa developers are not well known for their flats. They are known more for their residential land projects. Due to this reputation of theirs, the flats by them don't show much appreciation as compared to their residential land projects.
The road connecting to the flats is very narrow road and may lead to congestion near the flats in near future.
How do u guys rate the flats in medium and long terms?