I enquired about the price of land at Railway Layout. They're quoting around 5000-5500 per sq.ft.
Can anyone let me know if this price is ok for investment purpose ?
Railway Layout
Railway Layout
Last edited by balshreya on November 29th, 2013, 5:11 pm, edited 1 time in total.
Re: Railway Layout
around Rs.5,000/sq.ft- (as per latest ads in Newspapers and online).
Re: Railway Layout
Is it really worth it ? if yes, How good is it for investment purpose ?
Re: Railway Layout
About Worthiness & Purpose need to be judged/decided only by yourselves.
A year back people were commenting Rs.3,500 is very high for this location.
Hence Its all choice of individuals.
A year back people were commenting Rs.3,500 is very high for this location.
Hence Its all choice of individuals.
Re: Railway Layout
You're right. Do you know about that place ? If yes, what is your opinion.
Re: Railway Layout
Its a BDA Approved Layout. Hence Site loan also available for buyers upto 80%(of market value by Semi Private
banks like Axis, IDBI, ...etc). Already Plenty of houses are built and in livable condition. Good Road connectivity
is there to ORR. 3 Reputed schools within 1-2 KMs radius. Adjacent to this layout Computerised RTO Test Drive
Track Located. Public Transport is very thin, improvement can be expected in the future.
I think kaveri water available there now(The private layout which is located exactly opposite to this layout
got the Kaveri water supply 2-3 month back).
There was a jelly Crushing unit on one side. Earlier people used to prefer the Phase I than Phase II for this reason.
Which is closed now after the SC Order. Currently it is turned into a Cement Brick industry. So there is some level
of Dust creation(Far lesser compared to the earlier Jelly Crushing Period). This unit has some local political back up.
This unit may/not close in the future.
banks like Axis, IDBI, ...etc). Already Plenty of houses are built and in livable condition. Good Road connectivity
is there to ORR. 3 Reputed schools within 1-2 KMs radius. Adjacent to this layout Computerised RTO Test Drive
Track Located. Public Transport is very thin, improvement can be expected in the future.
I think kaveri water available there now(The private layout which is located exactly opposite to this layout
got the Kaveri water supply 2-3 month back).
There was a jelly Crushing unit on one side. Earlier people used to prefer the Phase I than Phase II for this reason.
Which is closed now after the SC Order. Currently it is turned into a Cement Brick industry. So there is some level
of Dust creation(Far lesser compared to the earlier Jelly Crushing Period). This unit has some local political back up.
This unit may/not close in the future.
Last edited by msn1270 on August 1st, 2013, 1:57 pm, edited 4 times in total.
Re: Railway Layout
Thanks. Do you think the brick factory will affect the land appreciation in the future ? I mean if I purchase for 4500-5000 / sft now as an investment, will there be appreciation in the future ?
Re: Railway Layout
Which Opp layout has Kaveri connection now MSN is it Upkar Layout or the other side layout like Balaji Layout,Byregowda layout ...
Re: Railway Layout
Byregowda layout.
Re: Railway Layout
Will there be capital appreciation in the railway layout given that it is quoting around 5000 and there is a brick factory.