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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Faridabad > Greenfield colony
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Old June 16 2010, 11:13 AM   #1
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Default 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 .

 
Old June 17 2010, 03:38 AM   #2
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Quote:
Originally Posted by jags123 View Post
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?
 
Old June 17 2010, 08:25 AM   #3
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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.
 
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