rahulbhatia

hi,
recently came across raisina residency project from tata housing - on dlf golf road extension.....running at 7500/sqft.....any idea how is this ? Is it worth investing?

am not too sure about the builders of non-repute and dont want to risk putting in money for under-construction projects. any recommendations please?

thanks

sharma1813

hi
Well according to the latest update the price/sq ft was 5250 as the base price(not sure need to inquire if they have changed).
Well TATA is entering for the first time with the Raheja developers and the location is Sec-59 Golf Course extension Road, which has been into lime light as well.
TATA group as we have heard has the reputation of following ethical business practices but considering the huge debts on its various subsidies gives us a chance to think about it twice, as already many big developers have failed to meet the deadlines(would not like to disclose the possibilities of them delaying their projects)

But the basic question is how much and for how much time can you wait, if you can wait for say more than what the developer has committed than probably its a good option.
The lowest apartment would not be less than 15 million and I guess you will have many other options to invest that sum of money.


Gaurav Sharma
Century21

dudemelost

I have booked an apartment with Tata Housing in Bangalore and I am happy with the builder.
Paperwork is very clean. Everything they do is very clean and very ethical.
Many people got burnt by various other builders in Bangalore except Tatas.
Even though they have been having financial issues offlate, but they are not one of those who would make their customer pay the price for it.
Building completion is on time. They make sure water is taken care of. Places like Bangalore thats a big issue and most builders dont care to provide even the basic necessities. Tatas takes care of the infrastructure and all the needs..

Ask anyone in Bangalore how Tata Housing projects are..
COst wise.. I am not sure how cheap or expensive it is in Raisina..