Hi Gents,
Details recieved from broker :

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Ansal API presents investment opportunity at Ansal Sushant Taj City, Agra. Its a 500 acre township by Ansal API.
Investment: 9.5 lakhs
Plot Size: 269 sq. yard
Plot Price in Scheme: Rs. 3531 per sq. yard
Plot Price as per Price List: Rs. 7100 per sq. yard
Buy-Back Price: Rs. 5100 per sq. yard
Buy-Back Gurantee: 13.45 lakhs
Minimum Return: 41.5%
Allotment/Buy-Back Time: 18 months
Projected Price: Rs. 9800 in December 2011, Rs. 11,000 in July 2012 & Rs. 14000 in April 2013.
Payment: Spot payment only, no installment
# Stamp paper agreement
# Taj city is on Agra Gwalior Bypass, just 1 Km from Agra Mathura National Highway
# Township includes Schools, Malls, Hospitals, Commercial Shops, Community Centers, Residential Appartments, Villas, Flats, Floors etc.


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Has anyone done investment in the Residential Plot of Ansal Sushant Taj City ? If yes, kindlly share your views. Is this safe investment ? Do these buyback schemes really work and investor gets the guranteed money back ? Omaxe has also come up with similar buyback scheme for there Lucknow and Allahabad residential plots.

cheers

sgverma
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