Unnecessary hype at BBSR
Believe me there is a lot of hype on the real estate market in BBSR. Tell me what is it there in BBSR that a simple 1200 sft flat would cost you 20 - 22 lakh which is simillar in cities like Hyderabad and Bangalore. Moreover buying that would not yield you that much profit whic you can easily make in a city like Hyderabad & Bangalore.
Regarding Land - There are again a lot of hype about this. Lot many companies coming and taking land from Orissa Govt stating their ventures, but how many have really come to implement them. These are the things making builders sell the land and earn easy money but the real purchaser had to wait a long to get profit on the land. Similar things had happened with one of my relative who had bought a land near to the AIIMS site but where is AIIMS?? I am sure that in another 10 years also they would not come because we lack good poltical representation to bring things to orissa and when we have good poltical represenation then we do lack good leaders to represent our cause.
Anyway I am not discouraging anyone to buy property in Orissa but want to ensure that you do a clear calculation before you buy.
Regards
Ladu
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