ysingh11

I am keen on booing in a week's time in any under const property for investment purpose .. Tried SCC Sapphire it seems in budget ... but yet not bankable !!

any idea what is the reaosn!!

ysingh11

The carpet are of the flat is much lesser as compare of others ... its merely 525 in 885sq ft flat. Its even lesser than SCC heights 850sq ft flat ... hummmmm

LightBeam

Carpet area depends upon lots of factors, permissible FAR by authority, size of lobby, size of club house etc. Old projects were approved with lesser FAR, lesser tower height. Comparing new projects with old projects would not be fair idea. Newer projects i assume all have nearly same carpet area.
Positives that i can see for SCC sapphire are:

- one of very few newly launched projects that are GDA approved( infact I should say only one,I didnt came across any other new launch which got GDA approval)
- main sector road already developed in front of SCC Sapphire. This is issue with many projects that sector road is still not clear.
- work started.
- one can get more choices of floor/location as this is comparatively recently launched. In other GDA approved projects , choices available are really limited.
- builder looks to have good intention, worked on previous project at very good pace.

This is just my observation during my last 2-3 visits to RNE.

--LB--

LightBeam

Visited SCC Sapphire today with a friend... Attaching pic.

--LB--

Attached Images

 

ysingh11

Many brokers say this project is not approved or under scanner..

I am intrested to invest in this project ... but not sure so far about approvals...but amount seems less in SCC sapphire .. I can handle it over three years without bank funding.

Pls advise !!!

rohitshakti

The rates being offered here is nearly 2300 psf AI but the societies whose posession is within 1 year or 1.5 yrs, they are avlb nearly 2500 psf. See which you feel better, if you want to invest go for sphire else U know..........

ysingh11

Thanks .. is 2500 is All Inclusive or BSP only?

could u pls tell what societies are offering 2500 price and at what floor??

rohitshakti

2500 is AI rates except maintenance charges, registry & taxes. Societies are Officer city, Satya villa de, fortune residency, star rameshwaram, ghauranda, balmukanda & even VVIP. If you bargain high, you can get even lower and in these societies work is 50% done.

Out of the above societies, VVIP and balmukanda are first time builders.

ysingh11

I tried in KW sristhi and they didnt go beyond 2800 AI.. except service tax n registry with ..

I can minus PLCs worth 150 even than it comes around 2650AI.

I am bit confused

ysingh11

MGI gharunda even they quoted after discount 23L fo r800 2BHK .. with 1 road PLC , 3rd floor...

it comes to 2875 AI