Read in Anandabazar newspaper today about the project Sanhita being developed by Simoco Infrastructure. The price they are offerring are as below 1 BHK - 451 SqFt - 7,20,390 2 BHK - 14,74,000 3 BHK - 17,74,890
This is located on the east of the Eastern Link Highway, behind the New Town Heights on an extension of the Bagjola canal. The area at the moment has no connectivity, the roads are extremely poor and is about 6 minutes drive from New Town Heights / Sukhobrishti. My questions are; 1. I would primarily be buying here for investment. Would it be a good buy at this price considering I would sell it only after 10 years or so? 2. Is Simoco Infrastructure a well known name in the realty sector. I have not heard of them much earlier. Would seek your advice. 3. What is the general mood regarding that locality?
The per square feet price is coming roughly around 1700. I am not sure if that is a good buy at this area? Please suggest.