Greenfield colony - Indian Real Estate Forum

jags123 · 16-06-10

Hi

I am thinking of investing in ready to move 2BHK flat in greenfield colony sector A . Price is between 25-30 lakhs for 750-950 sqft area . Here are some of the factors that will influence the price rise in that area :

1) Metro coming till badarpur border .
2) Flyover of badarpur will complete in 2-3 years .
3) Monthly rental of such a property is 7000-9000 per month .

Please let me know if there are better investment options other than greenfield colony in Faridabad . My sole aim is to book appreciation when property grows up .

vinaybhatia · 17-06-10

Quote:

Originally Posted by jags123

Hi

I am thinking of investing in ready to move 2BHK flat in greenfield colony sector A . Price is between 25-30 lakhs for 750-950 sqft area . Here are some of the factors that will influence the price rise in that area :

1) Metro coming till badarpur border .
2) Flyover of badarpur will complete in 2-3 years .
3) Monthly rental of such a property is 7000-9000 per month .

Please let me know if there are better investment options other than greenfield colony in Faridabad . My sole aim is to book appreciation when property grows up .

Looks like a good idea.
1. These quotes are from which project?
2. How is that area in terms of infrastructure like Roads/Market/School and other things?
Omaxe is also having a project in that area but not sure how its doing with the progress?

jags123 · 17-06-10

1-> No specific project .They are builder flats .Ground upto third floor .

2-> Area is good in the sense its 3.5 Kms from Reliance Mart and couple of other malls which are on the badarpur road

3-> As per my knowledge Omaxe name is good but their project is not so successful in faridabad .

Senior folks , Please advise.

16-06-10	#1
jags123 New Member Join Date: Jun 2010 Posts: 10 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Greenfield colony Hi I am thinking of investing in ready to move 2BHK flat in greenfield colony sector A . Price is between 25-30 lakhs for 750-950 sqft area . Here are some of the factors that will influence the price rise in that area : 1) Metro coming till badarpur border . 2) Flyover of badarpur will complete in 2-3 years . 3) Monthly rental of such a property is 7000-9000 per month . Please let me know if there are better investment options other than greenfield colony in Faridabad . My sole aim is to book appreciation when property grows up .

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17-06-10	#3
jags123 New Member Join Date: Jun 2010 Posts: 10 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	1-> No specific project .They are builder flats .Ground upto third floor . 2-> Area is good in the sense its 3.5 Kms from Reliance Mart and couple of other malls which are on the badarpur road 3-> As per my knowledge Omaxe name is good but their project is not so successful in faridabad . Senior folks , Please advise.