Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Megapolis Hinjewadi ph-3

Trojon · 08-02-10

I am not sure why but people from Mumbai are primarily the ones speculating/investing in this venture.

The plans for the Project are certainly exemplary:
1. Water piped from Pavna dam which supplies Lavasa!.
2. Symbi school behind Smathome.Good!
3. Hypermarket + Multiplex:p
4. This is a Leased plot from MIDC.

NB.
The premium flats( >41L) to be handed over in June this year.So the water issue must be resolved before that.
The prices were pushed nortward by Rs. 100 a week back.

Am not sure this is better than investing in Equity though.
Tempting indeed if you can wait for 3 years.
Looks like a high risk proposition but if I had the spare money,
I may have given it a shot!

08-02-10	#44
Trojon Member Join Date: Feb 2010 Posts: 168 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	I am not sure why but people from Mumbai are primarily the ones speculating/investing in this venture. The plans for the Project are certainly exemplary: 1. Water piped from Pavna dam which supplies Lavasa!. 2. Symbi school behind Smathome.Good! 3. Hypermarket + Multiplex:p 4. This is a Leased plot from MIDC. NB. The premium flats( >41L) to be handed over in June this year.So the water issue must be resolved before that. The prices were pushed nortward by Rs. 100 a week back. Am not sure this is better than investing in Equity though. Tempting indeed if you can wait for 3 years. Looks like a high risk proposition but if I had the spare money, I may have given it a shot!