Buy in Pen city Mumbai - City Manhattan
I am contemplating to buy a plot in City Manhattan, an integrated township in Pen city. It is promoted by Arrow Group. It has reliance sez near by. The international airport and upcoming Sea bridge are also near.
The quoated price is 3000Rs per sq yards. I want to take a 250 sq yrds plot. I am thinking about a 5 years time horizon. Probably, I will sell or construct a house to stay.
Please express your views about this investment. Is it a good option to buy or should I let it go?? Does this area have potential to grow in future????