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- Current price
What is the current price in this layout can anyone tell me. Has it got appreciated.
Does it has any potential to grow.CommentQuote0Flag
- What is the current price in the NRI city and Mahidara ?CommentQuote0Flag
- Around Rs 1000 to 1200CommentQuote0Flag
- These projects are never 'bought' but only 'sold'.
NRI Center City - as the name shows, it made apparent who their sucker audience are and many fell for it in 2007. They floated many more in the later years - First City, New City, Spanish City - all will not see any meaningful in-habitation for a decade - but they were all priced as though you can move in today.
Mahidara followed a different approach - sell Villas and also Plots. Both are sucker bets. Showing Villas, it is easy to find a buyer for plots - plot buyer thinks Villa buyers are dumb and plot is a smart investment. But, when both sucks as investment, does it really matter which sucks more? :)
Problem with these projects is not about Sriperumbudur will have growth or not - Sriperumbudur will grow but it is a decade and more long story and will take time.
But, these projects wants you to pay 2023-25 prices today and that's where they suck as an investment.CommentQuote0Flag