What are your thoughts about Navins - Merryland Medavakkam (in Mambakkam High Road)? Quoted price is Rs. 3500 /sq. ft. + 1.5L for carparking + service tax. So a 1300 Sq. ft. apartment costs Rs. 47L.

I find it a little expensive, however I hear that Navins is a very good and reputed builder, so it is OK to pay this premium price. Also the maintenance would be minimal compared to other builders and the will also have a better re-sale value.

Need your views about the builder, princing and if it is wise pay such premium price at this juncture.

This is not for investment, it is for my personal use.

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