Good Project at good rates
Hi,
I have looked into the financials of Ashiana and been through their Investor call-con. The promoters are very hopeful of this project as it is located very close to an existing well-established residential area (Vaishali Nagar) and has a very good planned layout. Though the entire project will take around 5 years to complete, the Phase I is expected to roll out in nearly 2 years. The mid-rise 3 bhk have skeletons ready upto 3rd floor and the excavation of Phase II high-rise is in progress.
They are quoting a price of 1830 psf right now and the upside potential of this property is really good. Expect a price of around 2200-2300 in April 2011.
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