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IREF® - Indian Real Estate Forum > Real Estate in India > More Cities/States > Real Estate Nagpur > Universe Infrastructure !!
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  • 1 Post By Gootelal
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Old February 28 2013, 06:30 PM   #1
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Default Universe Infrastructure !!

Hei Ppl,
I'm not from Nagpur, but do have friends & family. I'm looking for feedback about the promoter & the location as an investment option.

Property in Nagpur| Properties in Nagpur | nagpur property |Homes for Sale - Real Estate - Luxury Homes and Commercial Real Estate - Universe Real Infrastructure Pvt. Ltd.

They are quoting roughly about 274/- per sqft. Any comments will be highly appreciable.

rgds,
vin.

 
Old February 28 2013, 09:53 PM   #2
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I am not sure about this Vendor. But I can tell you that vendors are selling residential plots far away from city claiming big things...I suggest to stick for plots near Mihan(Sumthana, Khadka.) as both these two places are currently under NIT metro area development plans and shall surely have a social infrastruture before any of the far places..
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Old February 28 2013, 09:59 PM   #3
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Quote:
Originally Posted by vingori View Post
Hei Ppl,
I'm not from Nagpur, but do have friends & family. I'm looking for feedback about the promoter & the location as an investment option.

They are quoting roughly about 274/- per sqft. Any comments will be highly appreciable.

rgds,
vin.
based on the location map listed on 99acres the site is somewhere at the center of the map here -
Wikimapia - Let's describe the whole world!

which is basically in the middle of no-where!!

If you see Jamtha VCA stadium you will see lots of properties available for 400-500 rs persqft (listed prices, you can negotiate on this)

So why you want to invest in such place??
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Old March 1 2013, 04:03 PM   #4
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Gootelal & livelife123 - thank you for the feedback. As I told, I'm not aware of the dynamics of Nagpur...so wanted a opinion from people like you. Thanks for sharing !!

I will look at the areas you've mentioned...are there any planned plotted developments you would like me to see?
 
Old March 1 2013, 09:30 PM   #5
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Quote:
Originally Posted by vingori View Post
are there any planned plotted developments you would like me to see?
That's the point.

the location map (here http://www./customised/aura-3-univer...cation-map.htm)
says they are in middle of nowhere.

somehow link is modified on IREF. google "universe Real INfrastructure Nagpur 99acres" and you will see link on the website
 
Old March 11 2013, 09:58 AM   #6
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Default Need advise on Univere Infra's - Aura 4 on Degma

Quote:
Originally Posted by livelife123 View Post
That's the point.

the location map (here http://www./customised/aura-3-univer...cation-map.htm)
says they are in middle of nowhere.

somehow link is modified on IREF. google "universe Real INfrastructure Nagpur 99acres" and you will see link on the website

Hi Gootelal and LiveLife.. I was also kinda of intrigues to check into this property but to be honest..I don't have much visibility on the MIHAN development..and it appears this project Aura -4 of Universe Infra is around 10 kms from MIHAN...will it make sense to do an investment of around 4 Lakhs in their plots...or should I look into some other better options close to MIHAN but NATP and with clear titles.. Please advise
 
Old March 15 2013, 08:32 PM   #7
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Rahul,

If you like to invest for medium term (5-10year) better invest your money within city limits with clear title. Universe Infra plots are too far from city limit. mind that they are saying 10km and this could be as crow flies (i.e. by road it could easily be 15-18k.m.)
 
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infrastructure, universe
".Nagpur.", ".Maharashtra."India